The Retirement Calculator will help you determine how much per year you need to save to meet your retirement goals.

 Desired Retirement Income

Enter your desired retirement income in today's dollars. We will adjust for inflation. This number is how much you need on top of any pensions or social security you expect.

 How much should you expect to gain from investments?

From 1926-2008, stocks gained an average of 10.4% per year, before taxes. The taxes you pay will depend on your income, how often you trade, and if your investments are in a tax-shelter orRRSP/ IRA.

 How much inflation should you expect?

From 1926-2005,  inflation has averaged about 2.9%. Unfortunately, there have occasionally been periods of much higher inflation.
Retirement Calculator


Current Age   
Current Savings $
Desired Retirement Age   
Desired Retirment Income $
Age at which savings run out:   
Yearly Post-Tax Investment Return   
Expected Inflation   


Results:
Based on the projections you entered:
You want to retire in  Years
You will need to live off your savings for  years.
You will need total savings of $ which is 
$ in today's dollars.
You already have enough savings to retire at age $ In fact, you have $ extra.