Retirement Calculator

Plan your financial future with precision

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Rates and Assumptions

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Personal Information

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Current Assets

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Retirement Cost

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Monthly Income in Retirement

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Government Benefits

Company Pension

Other Income

Investment and Savings

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Results

Fund Value at Retirement Start $1,250,000
Required Annual Contribution $15,000
First Retirement Yearly Cash Flow $50,000
Years Until Retirement 35
Years in Retirement 20

Retirement Analysis

Retirement Fund Growth Over Time

Track your retirement fund growth from now until the end of your retirement years.

Annual Cash Flow Analysis

Detailed view of positive and negative cash flows throughout your lifetime with net cash flow trend.

Total Cash Received Breakdown

Breakdown of all sources contributing to your total lifetime cash flow during retirement.

Detailed Cash Flow Analysis

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This table shows the year-by-year breakdown of all cash flows in your retirement plan. All amounts are shown in nominal (future) dollars for the respective year.

Year
Age
Contribution
Growth
Gov Benefits
Pension
Other
Costs
Taxes
Net Flow
Fund Balance

Rates and Assumptions Help

Pre-Retirement Rate of Return

Expected annual return on investments before retirement. Typically higher due to more aggressive investment strategies (e.g., 7-8%).

Post-Retirement Rate of Return

Expected annual return during retirement. Typically lower due to more conservative investment strategies (e.g., 4-6%).

Net Tax Rate

Effective tax rate applied to your total yearly consumption during retirement. This represents your overall tax burden on the funds needed to cover your living expenses.

Personal Information Help

Current Age

Your current age in years. Used to calculate years until retirement.

Retirement Age

The age at which you plan to retire and start withdrawing from your retirement fund.

Life Expectancy

Expected age at death. Used to calculate how long your retirement fund needs to last.

Retirement Consumption Help

Input Mode

Directly specify the annual cash flow you want at retirement in today's dollars.

Forecast Mode

Start with current expenses and adjust for inflation to calculate future retirement needs.

Inflation Adjustment

Choose whether to adjust your annual withdrawals during retirement to maintain purchasing power.

Government Benefits and Company Pension Help

Government Benefits

Enter your expected monthly government benefits (e.g., Social Security, CPP, OAS) in today's dollars. The calculator will adjust for inflation based on your specified rate.

Benefits Start Age

The age at which you'll start receiving government benefits. This may be different from your retirement age.

Company Pension

Enter your expected monthly company pension payments in today's dollars. Include any employer-sponsored pension plans.

Pension Start Age

The age at which you'll start receiving your company pension. This may be different from your retirement age.

Inflation Rates

Expected annual inflation rate for each benefit type. Government benefits typically have cost-of-living adjustments, while company pensions may have lower or no inflation adjustments.

Investment and Savings Help

Flat Amount Mode

Calculate the fixed annual contribution needed to reach your retirement goal.

Manual Mode

Set custom contribution amounts for each year until retirement. Useful for varying income scenarios.

Current Assets Help

Current Savings/Investments

The current value of your retirement savings and investments. This amount will grow with your assumed pre-retirement rate of return.

Detailed Cash Flow Analysis Help

Contribution

Your yearly contribution to retirement savings. This may be a fixed amount or vary by year if using manual contribution mode.

Growth

The growth in your retirement fund based on your assumed rate of return. Uses pre-retirement rate before retirement and post-retirement rate after.

Gov Benefits

Annual government benefits (Social Security, CPP, OAS, etc.) starting from your specified benefits start age, adjusted for inflation.

Pension

Annual company pension payments starting from your specified pension start age, adjusted for inflation.

Costs

Your total annual spending needs during retirement. This amount may be adjusted for inflation if you've enabled that option.

Taxes

Annual taxes calculated as your net tax rate multiplied by your yearly consumption. This represents the tax burden on the funds withdrawn to cover your living expenses.

Net Flow

The net cash flow for each year (positive when income exceeds expenses, negative when expenses exceed income). During accumulation: Growth + Contributions. During retirement: Growth + Benefits - Costs - Taxes.

Fund Balance

Your remaining retirement fund balance at the end of each year, after accounting for all contributions, growth, and withdrawals.