RESP Calculator

Calculate how much you can save in an RESP.

How old is your child?

year(s) old
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The child will only be eligible for grants at 16 or 17 years of age if one of the following two conditions is met before the end of the calendar year in which the child turns 15:

  • $100 in contributions made for four years (consecutive or not)
  • $2,000 in contributions made

How much would you like to invest monthly?

$
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By investing this amount monthly, you would exceed the lifetime maximum of $50,000 in contributions per child. In order to avoid tax consequences, please reduce your contribution amount or contact Invisor.

Where do you live?

Your RESP savings

Your contributions
Government grants
Interest generated
Total

RESP - Registered Education Savings Plans