Retirement Calculator
Project how much your savings could grow by the time you retire, and the illustrative yearly income that nest egg might support.
This calculator is a simplified illustration for general education only. It is not tax, investment or financial advice, a projection, or a guarantee. Your own situation depends on your full circumstances — speak with us for planning tailored to you.
Retirement Calculator — questions
How much do I need to retire in Canada?
A common starting point is 60–70% of your pre-retirement income per year, but the right number depends on your lifestyle, debts, CPP/OAS and when you retire. This calculator shows what your savings could support; a plan refines it to your situation.
What is the 4% rule?
The 4% rule is a rule of thumb suggesting you can withdraw about 4% of your retirement savings in the first year, then adjust for inflation, with a reasonable chance the money lasts ~30 years. It is a starting point, not a guarantee.
What rate of return should I use?
A diversified portfolio has historically returned roughly 5–6% annually over long periods, before fees and inflation, but any single period can differ widely. Use a conservative figure and test a few scenarios.
Does this include CPP and OAS?
No — this tool projects only your personal savings. CPP and OAS can add meaningful guaranteed income on top, which a full retirement plan factors in.
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A consultation turns these estimates into a plan built around your actual situation — your accounts, your taxes, your goals.