RESP Calculator

A Registered Education Savings Plan (RESP) is a government-registered, tax-advantaged savings vehicle that helps you save for a child's post-secondary education. Use our RESP calculator to see how your investments could grow over time.

Maximum 18 years
Maximum 31 years

Where your child attends post-secondary school determines estimated tuition and other costs.



The more you contribute, the sooner you can reach your educational savings goals, up to the RESP contribution limit.

Maximum 15%

The estimated rate of return is the estimated increase in the value of your RESP investments over- one year. View current TD GIC interest rates & TD Mutual funds historic investment returns

Based on your contributions and potential government grants plus any projected increases in the value of your investments, your RESP savings could grow to approximately:


You're on track to meeting your savings goal and may still qualify for certain

This estimation is based on the accuracy and completeness of the information you enter and on certain assumptions. The results are intended for illustrative purposes only, and do not constitute, nor should they be relied upon as, financial, tax, or legal advice.