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Retirement planner

This calculator will help you evaluate your financial situation according to your financial objectives at the time of your retirement, by taking into account your present and future savings. Enter the necessary information in the related fields and click on "Submit".

Do not forget to take into account your employer's pension funds, the Canadian Retirement Pension Plan and the Régie des Rentes of Quebec. These revenues will be added to those from your savings at the time of your retirement. For example, if you want to reach an annual income of $50,000 at the time of retirement and your pension funds will contribute to $35,000 of this income, the amount to enter for your retirement needs is $15,000.

Consult our current interest rates.

Details of your present savings
Present value of your RRSP
Amount and contribution frequency of your RRSP  
 
Calculation factors
Average annual interest rate before retirement  %
Average annual interest rate after retirement  %
Average inflation rate before and during retirement
(must be less than interest rates)
 %
Number of years before retirement  years
 
Your retirement needs
Gross income and desired frequency during retirement
(in today's dollars)
 
Number of years foreseen for retirement  years
 
 
 

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© Promutuel September 2010