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Calculators

Please note, the providers of these calculators are solely responsible for their development and we assume no liability for their use. Simply click on the calculator icons and/or the links within each item to activate the calculator. 

To find the potential tax savings from owning a home-based business, see the video "TWC - The Tax Effect of Owning a Home-Based Business" to see how to generate tax savings that you can redirect towards a retirement plan. 

Use this handy worksheet Tax Effect of Owning Your Own Business to estimate your own tax savings from owning a home-based business.  

WH Partners is our accounting provider offered through Tranont Tax. See this link for more details. 

 

Albertans believe they will retire debt free by age 62. Here you will find a lot of valuable learning tools that are developed, refined and honed to be relevant for each user. Their interactive tools can help you gauge and improve your financial situation.

 

Should I refinance my mortgage? How much do I need to save for my child's college education? These are some of the questions that are posed to us on a daily basis. We are providing these interactive financial calculators and other tools to assist you with some of the day-to-day questions and concerns that may arise. While these financial tools are not a substitute for financial advice from a qualified professional, they can be used as a starting point in your decision making process.

Choose from 72 useful Financial Calculators including:

  • Net Worth: Your net worth is the value of all of your assets, minus the total of all of your liabilities. Put another way, it is what you own minus what you owe. If you owe more than you own, you have a negative net worth. If you own more than you owe you will have a positive net worth. This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years. 

  • Savings Goal: What will it take to reach your savings goal? This financial calculator helps you find out. 

  • Savings Calculator: Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.

  • Savings, Taxes, and Inflation: The value of your savings can be affected by both taxes and inflation, especially if you are saving for a long-term goal. Use this calculator to determine how much your investment or savings may be worth with this in mind.

  • Don't Delay Your Savings!: Waiting to begin your savings plan may have an important impact on your results. A delay of even a few years could cost thousands of dollars. This calculator helps show you how much postponing your savings plan may really cost.

 

  • Education Savings: Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start your plan the better. Use this calculator to help develop or fine-tune your education savings plan.

 

  • Taxable vs. Tax Advantaged Investments: How taxes are applied to an investment can make an incredible difference. This calculator is designed to help compare a normal taxable investment to two common tax advantaged situations: an investment where taxes are deferred until withdrawals are made, and an investment where taxes are paid on money that goes into the account, but all withdrawals are tax free.

 

  • Retirement Planner: Do you know what it may take to create a secure retirement? Use this calculator to help you create a simple retirement plan. View your retirement savings balance and your withdrawals for each year until the end of your retirement.

 

  • Retirement Nestegg Calculator: Do you know how much it takes to create a secure retirement? Use this calculator to help determine what size your retirement nestegg should be.

 

  • Retirement Income (Inflation Adjustable): Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement. Your annual savings, expected rate of return and your current age all have an impact on your retirement's monthly income. View the full report to see a year-by-year break down of your retirement savings.

  • Cool Million: What might it take to save one million dollars? This financial calculator helps you find out. Enter in your current savings plan and graphically view your financial results for each year until you retire. View a report that helps you see when you might hit your cool million - and what you might be able to do to possibly achieve this goal.

  • Home Budget: Managing a budget can be a frustrating and daunting task. One of the most important aspects of controlling a budget is to determine where money is going. This calculator helps you do just that. By entering your income and monthly expenditures, you can see how much you may have left to save and where your money is being spent.

  • Emergency Savings: Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage and even legal issues more manageable. With adequate emergency savings, you can focus on how to best meet your family's needs, rather than worrying about finding the money to handle these difficult situations. This calculator helps you determine how much emergency savings you may need, and how you can begin saving toward this important goal. 

  • Life Insurance: How much life insurance do you need? Enter your current assets, expenses, income and let us determine how much life insurance you need. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs. Press the report button to see a year by year breakdown of your family's future income and expenses.

To learn how to generate the rest of the required savings amount through referring services and creating a residual income that can be put towards your retirement plan, Contact Us today.

The Canadian Retirement Income Calculator will provide you with retirement income information, including the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits. You will need to work through a series of modules in order to estimate your retirement incomes from various sources and compare them to your goal income. It also allows you to see the impact of changes in savings behaviour.

The calculator will help you better understand how each pillar of the retirement income system will contribute to your future financial security.

This online service includes information on the Post Retirement Benefit (PRB). Included is a separate calculator that will help you better understand how contributions to this new benefit will further contribute to your financial security after you retire.

The calculator's results are estimates for information purposes only, and should not be considered financial planning advice. The calculator does not collect personal information or identifiers.

The Education Savings Calculator is an easy way to see how much money you will need for your child's education and assess whether your current savings plan will get you there.

Key factors such as program length, type of degree or program, near home or away from home and when your child is expected to attend post secondary education all impact your savings plan. See how these variables can affect what you need to save and how some smart adjustments can help you meet your goals. This calculator has estimated costs for certain schools which helps to take some guess work out of the process. 

Use this energy calculator (heavily enhanced updated by The Wealth Coaches) to calculate the potential savings to clients on their electric and natural gas utility bills for switching services to Tranont Energy. Usage instructions are provided within the spreadsheet. Simply download and personalize it as needed.

Always download the latest version prior to processing a new quote, as we may update the file with monthly historical prices and occasional new features. 

Watch the Vidtorial on how to use this calculator to its fullest. 

Use this handy spreadsheet to estimate both the cost of an installed system and your commission you can make on a referral. 

You can also use this Loan Calculator to estimate the financing payments on a solar system.

Use this to calculate the potential change or savings in fees you can offer to a merchant or customer. For example, on a customer's electric bill, the current administration fee might be $7.50 and the offered rate might be $5.00.  The calculated savings would be 33%.

 

The Percentage Change (savings) Calculator (% change calculator) will quantify the change from one number to another and express the change as an increase (savings) or decrease (loss).

 

This is a % change calculator.  From 10 apples to 20 apples is a 100% increase (change) in the number of apples.

This calculator will be most commonly used when there is an “old” and “new” number or an “initial” and “final” value. A positive change is expressed as an increase amount of the percentage value while a negative change is expressed as a decrease amount of the absolute value of the percentage value.

You will generally use the percent change calculation when the order of the numbers does matter; you have starting and ending values or an "old number" and a "new number."

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