Resources.
Tools you can use on your own. Each one takes your numbers and gives back a number and a date. Nothing you type leaves this page.
Know your number.
How much you need in your accounts to stop working, and the age your current pace gets you there. Five figures to start; the assumptions are open if you want to change them.
Resource 01 · a calculator
Last step: a verified email address.
Your number appears once your address is verified: we send a 6-digit code to it, once. After that this browser stays verified for 90 days. We keep the address to send the code and to reach you about your number if you ask us to; nothing else.
Enter the code we sent.
Sent to . It works for 10 minutes.
Verified as · until ·
by 2056. You reach your number at age 65.
That is earlier than you planned, so the number shown is the one for that earlier year.
more by 2056. To get there, invest an extra $0 a month, $0 a year.
Why do I enter amounts in today’s dollars?
Because that is how you know them. Type what things cost now; the tool raises every figure by the inflation rate for each year between now and the day you stop working. A $4,000 month today becomes about $7,250 a month thirty years on at 2%, and the number already includes that.
What about CPP, OAS or a workplace pension?
Treat them as spending you will not have to fund yourself. If they start the year you stop working, take the monthly amount off your spending figure. If they start later, take off a share: a $1,500 benefit that covers 28 of 40 retirement years is worth about $1,050 a month spread over the whole retirement.
I changed only the target age. Why did my pace change too?
The withdrawal rate depends on how long the retirement is. Moving the target age changes that length, which can move the rate, which moves the number. Open the assumptions to see it, and type a rate of your own if you want it held still.
Where do the default return and inflation come from?
They are starting assumptions, not promises. The return begins at 10% a year for someone 20 or younger and falls by a tenth of a point for each year of age, settling at 5.5% from 65, which stands in for a portfolio that gets more careful over time. Inflation starts at the Bank of Canada’s 2% target. Change either and watch the number move.
How is the number worked out?
Your number is one year of spending, raised for inflation to the year you stop working, divided by the withdrawal rate. Then the tool grows what you have today, month by month, at the return you set, adding your contributions, until it meets the number for that year; that gives the age you reach it. If that age is past your target, it finds the extra monthly amount that would get you there on time. Figures are in Canadian dollars, and nothing you type leaves your browser.
Your financial picture.
The one-page analysis an advisor fills in with you, here for you to start on your own. Who is in the household, what you earn, own, owe and spend, and what it adds up to: the cash left each month, the cover your household needs, and where you stand on the foundation.
Resource 02 · the analysis