FCAC creates financial goal calculator

The Financial Consumer Agency of Canada (FCAC) has created the financial goal calculator—a new tool to help Canadians plan and reach their financial goals.

The free interactive online calculator helps people meet their financial goals in three areas: getting out of debt, saving for retirement and saving for other financial plans.

“The financial goal calculator is unique because it can be used in a variety of ways. It goes beyond retirement planning,” says FCAC commissioner Lucie Tedesco. “Users just have to answer a few questions and enter their own financial data, and the tool helps them create a realistic plan they can follow.”

The financial goal calculator is available on FCAC’s website.

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