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About Wealthy Ted

Wealthy Ted is a free educational project that helps people in Canada understand their pay, their savings and their financial goals.

What we offer

Simple, bilingual calculators: take-home pay and income tax, TFSA, RRSP and FHSA room, budget, emergency fund, savings goals and compound interest.

Every official figure comes from a government publication, listed on the Sources page. For income tax we cover every province and territory.

What we are not

We are not a tax preparer, financial advisor, bank or government body. Our estimates do not replace your return, your CRA or Revenu Québec notices, or advice from a qualified professional.

Your data stays with you

No account, no bank connection. What you type stays on your device.

Contact us

Questions, ideas or an error to report? We read everything.

Never send your SIN, account numbers or detailed financial information. We cannot give personalized advice.

For a question about your own taxes or room, contact the Canada Revenue Agency or Revenu Québec directly.

Accessibility

We aim to meet WCAG 2.2 level AA: keyboard navigation, visible focus, enough contrast, labelled fields with clear errors, layouts that work on small screens and with zoom, and results never shown by colour alone.

The site has not been independently audited yet. If something does not work for you, write to us and we will fix it.