Income Builder GIC Calculator

What do you want to calculate?

Explore different options to help you achieve your income goals

Calculate the initial amount you'll need to invest to generate the payment amount you're looking for

Choose the payment amount you want to receive

Choose your investment timeline

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Investment Details

Payment Amount:

Payment Frequency:

Term (in years):

How much of the investment do you want remaining at maturity? (optional)

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Payment amount

Payment Frequency:

Term (in years):

Initial Investment (min $5,000)

How much of the investment do you want remaining at maturity? (optional)

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Term (in years)

Payment Amount:

Payment Frequency:

Initial Investment (min $5,000)

How much of the investment do you want remaining at maturity? (optional)

Income Summary
Payment Details

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Responsive Table Example #1
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Payment Frequency:
Payment Amount*:
Depletion Rate: Depletion Rate is the percentage of the investment you want to receive through payments over the course of your term. E.g. if you invest $50,000 and receive $25,000 in payments, your depletion rate is 50%. When buying a GIC with an RBC Advisor, your depletion rate will be rounded to the nearest whole number.
Total Income:
Total Interest:
Number of Payments:
Last Payment Date:
Current Interest Rate: The interest rate is pre-calculated based on the term, payment frequency and the depletion rate you input. You can, however, enter a new rate of your choice, and your results will re-calculate. When you're ready to buy, contact an advisor for the current interest rate and true calculation.
*Payment amount adjusted to reflect term amount

Responsive Table Example #2
#	Payment Date	Payment Amount	Interest	Principal	Balance

Responsive Table Example #2
#	Payment Date	Payment Amount	Interest	Principal	Balance

Talk to an Advisor

Whether you're looking for additional information or wish to get started on an investment solution that meets your income needs, an RBC Advisor can help.

Call 1‑800‑463‑3863 to talk to an investment specialist

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Call 1‑800‑463‑3863 to talk to an investment specialist

(opens in a new window)Book an Appointment

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The results that appear in the Income Builder GIC Calculator are directional and are provided to you for information purposes only. Verified inputs such as Initial Investment, Payment Amount, Term and other variables will be provided to you when you purchase your GIC. They will appear on your purchase Confirmation.

Any results obtained using the RBC Income Builder GIC Interest Calculation Formula (the "Formula") are (i) dependent on the accuracy and completeness of the data you have entered, (ii) based on assumptions that are believed to be reasonable, and (iii) for informational purposes only and should not be relied upon for specific financial or other advice.

Income Builder GIC Calculator

What do you want to calculate?

Amount to invest

Payment amount

Term (in years)

Investment Details

Payment amount

Term (in years)

$

Talk to an Advisor

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