Research 1 online financial calculator from 2 different providers.

Can be the same or different calculator for each provider

Examples - RRSP; TFSA; RESP; Mortgage; Cash Flow; Budget; L/I, etc.

2) Research 1 online planning tool from 2 different providers.

These tools/programs allow for greater detail of input, output and analysis.

Examples Portfolio Analysis; Retirement Planning; Education planning, etc.

REQUIRED:

A) Prepare a report (Word document) that evaluates each of your chosen financial calculators and planning tools by answering all of the following questions:

**Submit a consolidated (maximum 2 page) report. Use point form. Matrix format suggested.

i. Specify your chosen financial calculator and planning tools.

ii. Describe the strengths and weaknesses of each tool/calculator

iii. Is the tool/software offered free, and/or by paid subscription?

iv. Is it a public site, or for advisors only, or both?

v. Is there any bias towards the providers products?

vi. Does it allow for printing of reports and/or analysis: If so, can it be customized in any way and is it professional looking?

vii. Would you recommend it to clients and/or advisors? - Why or why not?

viii. Describe the level of detail involved.

e.g. Is it too simple or too complex, or just right and explain why?

ix. Does the site provide any resources to assist with informed decision-making? If so, describe and comment on perceived value or lack thereof.

B) Be prepared to speak to your favorite calculator and/or software tool in class.

Do not use the following websites for this assignment:

Sunlife, RBC, BMO, Scotia, CIBC, TD