
Current age
Retirement starts at age
Retirement ends at age
Current annual income
Index income to inflation rate of
How much will you need at retirement?
|
35
|
|
65
|
|
90
|
|
65,000
|
|
2.00%
X
Input Error: Inflation Rate
Enter a value between and % |
Inflated income at retirement |
$213,267
|
|
75.00%
|
Income need in first year of retirement |
159,950
|

Current value of investments
Annual investments
Start at age
End at age
Rate of Return on Investments:
Before retirement
During retirement
|
50,000
|
|
5,000
|
|
35
|
|
65
|
Before retirement
|
6.00%
X
Input Error: Rate of Return
Enter a value between and % |
|
4.00%
X
Input Error: Rate of Return
Enter a value between and % |

Government Pensions
Company Pension
Annual pension (in today's dollars)
Start at age
End at age
Other Income
Annual income (in today's dollars)
Start at age
End at age
Canada Pension Plan |
13,610
|
Old Age Security |
7,075
|
Total (in today's dollars) |
20,685
|
Annual pension (in today's dollars)
|
0
|
|
65
|
|
90
|
Annual income (in today's dollars)
|
0
|
|
65
|
|
75
|

Adjust Your Plan:
Retirement Age
% Income Needed At Retirement
Annual Investment
Rate of Return (Before Retirement)
Rate of Return (After Retirement)
Retirement Age
65
75.00%
5,000
6.00%
4.00%
Summary Chart
Investment Chart
$16,000
$12,000
$8,000
$4,000
$0
You Will Have
You Will Need


Assumptions
CPP, OAS, company pensions and other income are all indexed to the entered inflation rate of %. You qualify for the maximum CPP and OAS amounts and both benefits start at age 65. Annual investments are made at the end of the year and are not indexed. All calculations are before taxes.
Disclaimer
CPP, OAS, company pensions and other income are all indexed to the entered inflation rate of %. You qualify for the maximum CPP and OAS amounts and both benefits start at age 65. Annual investments are made at the end of the year and are not indexed. All calculations are before taxes.
Disclaimer