Retirement Savings Calculator

Our Retirement Savings Calculator provides personalized projections to help you plan for a comfortable retirement. The calculator takes into account your existing savings, anticipated investment returns, and inflation to estimate the total funds you'll need.

Some key assumptions built into our calculations include:

• Annual inflation rate of 3%
• Life expectancy set at 85 years
• No taxes or investment fees included in the estimates
• CPP/QPP and OAS payments not factored in (you can add these to your contribution amount)
• Investments continue to grow at a consistent rate during retirement

These simplified assumptions allow us to generate clear, actionable retirement savings targets. However, we recommend reviewing the results with a financial advisor, who can provide more personalized guidance based on your unique circumstances and planning preferences.

Our Retirement Savings Calculator can provide you with personalized insights to help you plan for a secure retirement. Enter a few simple inputs, and the calculator will estimate:

• Whether you're on track to have sufficient funds throughout your retirement
• The recommended monthly/annual contribution amount to achieve your desired retirement lifestyle
• The optimal retirement age based on your savings and income projections
• The estimated assets that will remain after your lifetime to potentially transfer to your family, a charity, or other beneficiaries.
• How market fluctuations could impact your retirement plan

By using our Retirement Savings Calculator, you'll gain a clearer understanding of your retirement readiness and the steps you can take to maximize your long-term financial security.