Enter your current savings, monthly contribution, and target retirement income. This tool estimates how many years until you reach your number, models a sustainable drawdown schedule, and factors in approximate CPP and OAS offsets.
Educational estimates only. Not financial advice. Consult a qualified financial planner before making retirement decisions.
Educational tool only. All figures are estimates using simplified assumptions: constant annual return, fixed CPP/OAS approximations, and straight-line drawdown. Real retirement planning involves tax sequencing, inflation, RRIF minimums, and your full financial picture. Use this as a starting point for conversation with a financial planner.
Your numbers
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Total TFSA, RRSP, and other invested accounts today.
$
Amount you plan to invest each month, consistently.
$
Annual pre-tax income you want in retirement, in today's dollars.
Used to estimate CPP/OAS eligibility and years to retirement.
When you plan to stop working. RRIF conversion required at 71.
7% is a conservative long-term assumption for a 100% equity portfolio.
Your Retirement Estimate • Educational Only
Target portfolio: --
--Years to target
Portfolio growth projection
Estimated retirement income breakdown
CPP estimated at ~$9,000/year. OAS estimated at ~$8,400/year (full 2025 benefit at 65+). Both vary significantly based on your contribution history and eligibility. These figures are rough estimates only. Your actual CPP depends entirely on your work and contribution history with Service Canada.
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For educational and informational purposes only. Not financial, tax, or retirement advice. All projections are estimates based on simplified assumptions and do not account for inflation, tax drag, RRIF minimum withdrawals, OAS clawback, CPP variation, or changes in your personal situation. CPP estimate assumes approximately $9,000/year. OAS estimate assumes full $8,400/year benefit at age 65. Actual CPP varies significantly based on your contribution history. Consult a registered financial planner or retirement income specialist before making any decisions. XEQT is subject to market risk. This page contains an affiliate link to Wealthsimple.
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