RRSP Match Calculator
How much value will an RRSP matching program help my portfolio?
Provide Calculator FeedbackIf you're making a yearly salary of
and do a matchable RRSP contribution of
and your Employer matches
of your contributions.
With your employer match, your total yearly RRSP contribution total is
$8,000Without the employer match, however, the total is only
$4,000This is equivalent to increasing your overall RRSP contribution to
10.00%from your current contribution rate of 5.00%.
Alternatively, you can achieve this by increasing your contribution by another
$4,000just to catch up.
Looking into the future
Over time, this deficit can grow. And at an average interest rate of
and over a time range of
In 30 years, your contribution + employer match will grow to
$811,333But without an employer match, it will only grow to
$405,666Disclaimer
This tool is provided for informational and estimation purposes only. While we strive for accuracy, we do not guarantee that the results are free from errors, omissions, or miscalculations. The tool's outputs should not be considered official financial, tax, legal, or investment advice.
Use of this tool is at your own risk. We are not responsible for any decisions, losses, or damages resulting from reliance on the tool's calculations. For precise and up-to-date information, always refer to official sources or consult a qualified professional.
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