Build My RESP Plan

Before you use this plan

Estimates use simplified federal grant rules; confirm eligibility with the promoter.
Projections assume steady contributions and returns until age 18 — real life varies.
This plan is educational only, not financial or tax advice.

My child profile Nickname (optional, stored only in this browser)

Saved profiles

Profiles never leave this browser — no account needed.

Family situation Province or territory of residence Child's birth year Adjusted family net income band

Savings today Existing RESP balance

Planned contribution this year

Unused CESG room may be available Already contributed this calendar year

Lifetime CESG received so far

Lifetime personal contributions, all RESPs

School goal Expected school cost per year

Assumed annual return

Grants available this year $500

Basic CESG estimate. Confirm eligibility with the promoter.

Optimal contribution this year $2,500

Contribute this much to earn the full basic CESG.

Projected balance at age 18 $0

Current balance plus contributions and grants, grown at the assumed return.

Education funding gap $0

Four years of school costs minus the projected balance.

2026 CESG remaining $0

Grant room left to earn this calendar year.

Contribute by Dec 31 $0

To earn the full basic CESG this year.

Lifetime CESG remaining $7,200

$7,200 lifetime maximum minus CESG received so far.

Years to university 18

School years left to save and earn grants.

Reminders for this profile

Fill in the plan above to generate reminders.

Notes for this plan

Provincial incentives depend on current rules and provider support.
Fine-tune each part: grant estimator, catch-up planner, withdrawal planner, provider checklist.

Input Use real family numbers

Replace defaults with the child's age, contribution history, province, school timing, or provider details where the tool asks for them.

Output Compare the next decision

Use the result to decide what to ask the promoter, not as proof of eligibility or investment outcome.

Constraint Confirm before acting

RESP grants, withdrawals, transfers, fees, and school eligibility can depend on provider support and current government rules.

Assumptions and constraints

Review before using the result 0/4 checked

01 Grants follow simplified federal rules: 20% basic CESG to $500 per year ($1,000 with catch-up room), lifetime CESG maximum $7,200, eligibility generally to age 17. 02 Additional CESG uses income bands, not exact thresholds; confirm current cutoffs with the promoter. 03 Projections assume a constant annual return and contributions every year until age 18; actual growth, fees, and taxes will differ. 04 This plan is educational only and is not financial, tax, legal, or investment advice.

Your next step

Use the result above to decide what to read or ask next.

Read the guide How to choose an RESP provider

Compare fees, grant support, transfers, and withdrawals before opening or moving a plan.

Compare providers RESP Provider Checklist

Confirm fees, grant support, transfers, and withdrawals before opening or moving a plan.

Learn the basics Short RESP course

Follow terms, grants, providers, and withdrawals in order.

Official sources

RESP contributions Canada Revenue Agency · checked 2026-05-27 Canada Education Savings Grant Canada Revenue Agency · checked 2026-05-27 Canada Learning Bond Canada Revenue Agency · checked 2026-06-17 How much money benefits could add to the RESP Canada.ca · checked 2026-06-17