How long will your retirement savings actually last?
Most Canadians heading into retirement have no idea if their savings will outlast them — or if they'll outlast their savings. This calculator shows you exactly how long your money will last based on your real numbers. No sign-up required.
Your Retirement Profile
Savings & Assets
Historical balanced portfolio: 6-8%
Retirement Income Needs
In today's dollars
Average Canadian retirement: 20-25 years
Government Benefits & Other Income
Average CPP: ~$800/mo. Max: ~$1,300/mo
OAS 2024: ~$700/mo at age 65
Pension, rental income, part-time work, etc.
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Book a Free Review →PROJECTED RETIREMENT SAVINGS
Based on your current savings and contributions at 6% return
MONTHLY INCOME AVAILABLE
$4,834
From all sources combined
MONTHLY INCOME NEEDED
$5,000
Your desired lifestyle goal
MONTHLY SURPLUS/SHORTFALL
-$166
Difference from your goal
SAVINGS WILL LAST
23.2 years
Runs out 1.8 years early
Your monthly retirement income sources
There's a gap to close.
Based on your goal of $5,000/month, your savings are projected to run out after 23.2 years. You have a monthly shortfall of $166.
Savings Growth to Retirement
Retirement Drawdown
Is your retirement on track?
Most Canadians have no idea if they're saving enough. Book a free strategy call and we'll run your real numbers — RRSP, TFSA, CPP projections, and a plan to close any gaps.
Book your free retirement review →This calculator is for illustrative and educational purposes only. CPP and OAS amounts are estimates. Actual retirement income depends on many factors. Always consult a licensed financial advisor. Sarah Lovett is licensed in British Columbia (LIC-2025-0059458-R01).
