FINANCIAL TOOLS / LOOK AHEAD

RESP Planner

Plan education savings with basic CESG estimates and stated assumptions.

All amounts are CAD. Enter explicit zero for a known zero. History is needed to check contribution capacity and basic grant limits; unknown facts are never assumed. Choose contribution-only explicitly if you want to exclude future grants.

Calendar and scenario

Projection mode · requiredChoose basic CESG, or explicitly exclude future grants. Unknown grant history never becomes a zero-grant success.

Projection start year · requiredOpening balance is immediately before the first month. This model applies stated 2026 rules from 2026 onward.

First contribution month · required1 = January; 12 = December. Contributions occur at month end.

Goal year · requiredGoal is at the end of the selected month. Calendar-year age cannot exceed 30.

Goal month · requiredLast contribution and growth month, included in the projection.

Beneficiary birth year · requiredCalendar-year age controls basic CESG. No full birth date is needed.

Starting market balance ($) · requiredEnter the account value, including existing growth/grants. This does not establish contribution or CESG history. Use $100 increments.

Future monthly personal contribution ($) · requiredOne modeled stream; use $10 increments. No silent reduction at the lifetime limit.

Assumed annual return (%) · required0–20%, in 0.1% increments; compounded monthly. An assumption, not a forecast.

Contribution capacity and conditions

Plan type · requiredFamily/shared-beneficiary allocation and special plan extensions are excluded.

Plan opening year · requiredOrdinary contributions end in December of opening year + 31; the plan must end by December of opening year + 35. No special extension is modeled.

Lifetime personal contributions across all plans ($) · requiredUse promoter records, including withdrawn contributions as applicable. Market value is not contribution history. Unknown: leave blank and verify.

Canadian residency at modeled contributions · requiredConfirm the beneficiary remains resident for every modeled contribution; this is an explicit future assumption.

Beneficiary registration and promoter-held SIN · requiredConfirm both facts. Never enter an actual SIN in this tool.

All-plan totals and modeled transactions · requiredConfirm totals cover all plans and no other-plan deposits/grants, pending personal deposits, withdrawals, transfers, residency changes or beneficiary reallocations are omitted. Otherwise unsupported.

Ready when you are

YOUR RESULT

A clear answer starts here.

Enter your scenario, or use the labelled example to explore. Your result will explain the amounts and assumptions that matter.

Assumptions

One ordinary individual plan and one modeled deposit stream, using all-plan opening totals and confirmed conditions. Monthly growth uses the annual assumed return divided by 12; deposits are at month end.

Basic CESG receipt is modeled at December end after the contribution. This is a planning convention, not a government payment promise. Accrued but unreceived grant is excluded from the account balance. Grant cents use cumulative 20% rounded half-up before applying the room and lifetime limits.

What this leaves out

Additional CESG, CLB, provincial benefits, income tests, special plan extensions, family allocation, withdrawals/repayments, transfers, EAP, tuition and tax calculations are excluded. Basic CESG is not total entitlement. Verify history and eligibility with the promoter.

Keep the question in context

Understand RESP grants → Understand contribution amounts → Review your manually entered household balances →

Calculations stay separate from Your Finances. Nothing is transferred or saved there.