Investment and savings
Savings Growth
- Starting balance and deposits
- $145,000
- Estimated investment growth or loss
- $124,235
- Balance in today's dollars
- $181,187
Balances and contributions are shown without adjusting for inflation. The value in today's dollars shows their estimated buying power. Taxes and account contribution limits are not included.
Your estimate: Starting balance: $25,000 CAD · Amount you save each month: $500 CAD · Number of years: 20 years · Expected yearly investment return after fees: 5 %. All inputs, results, yearly tables and sources follow.
These estimates are for learning and planning, not investment, insurance or tax advice. All amounts are in Canadian dollars. Results are rounded and are not guaranteed.
Your inputs
These are the exact entries used for this calculation. Money amounts keep all the decimal places you entered.
- Starting balance
- $25,000 CAD
- Amount you save each month
- $500 CAD
- Number of years
- 20 years
- Expected yearly investment return after fees
- 5 %
- Yearly inflation rate
- 2 %
Complete result summary
Projected balance after 20 years: $269,235
- Starting balance and deposits
- $145,000
- Estimated investment growth or loss
- $124,235
- Balance in today's dollars
- $181,187
Canadian planning models · 09653a0 · Report format 2026-10-15. All assumptions and sources are included below.
Yearly estimates · Canadian dollars
| Year | Balance | Money contributed |
|---|---|---|
| 0 | 25,000 | 25,000 |
| 1 | 32,386.29 | 31,000 |
| 2 | 40,141.89 | 37,000 |
| 3 | 48,285.28 | 43,000 |
| 4 | 56,835.83 | 49,000 |
| 5 | 65,813.91 | 55,000 |
| 6 | 75,240.89 | 61,000 |
| 7 | 85,139.23 | 67,000 |
| 8 | 95,532.48 | 73,000 |
| 9 | 106,445.39 | 79,000 |
| 10 | 117,903.95 | 85,000 |
| 11 | 129,935.43 | 91,000 |
| 12 | 142,568.49 | 97,000 |
| 13 | 155,833.21 | 103,000 |
Yearly estimates · Canadian dollars
| Year | Balance | Money contributed |
|---|---|---|
| 14 | 169,761.16 | 109,000 |
| 15 | 184,385.5 | 115,000 |
| 16 | 199,741.07 | 121,000 |
| 17 | 215,864.41 | 127,000 |
| 18 | 232,793.92 | 133,000 |
| 19 | 250,569.9 | 139,000 |
| 20 | 269,234.69 | 145,000 |
What this assumes
Contributions are added at the end of each month. The yearly return is converted to an equivalent monthly rate. The balance in today's dollars accounts for inflation; the chart shows amounts before this adjustment.
This calculator does not include taxes or account contribution limits. Use the RRSP, TFSA, RESP or FHSA calculator to include the limits and benefits of those accounts.
The calculator uses fixed yearly investment returns after fees. This is an example, not a forecast. Actual returns vary; losses, especially early in retirement, can greatly change the result. Amounts are in Canadian dollars and rounded for display.
These estimates are for learning and planning, not investment, insurance or tax advice. All amounts are in Canadian dollars. Results are rounded and are not guaranteed.