Start with the retirement lifestyle you want, subtract reliable after-tax income sources, then test whether the remaining portfolio can fund the gap through a realistic planning horizon. Account type और taxes matter almost as much as the headline portfolio balance.
बचत से नहीं, खर्च से शुरू करें
Estimate annual lifestyle spending in today’s dollars और separate it from irregular costs such as vehicles, renovations, travel, family support or major medical/dental expenses. Retirement spending often changes by stage, so one flat number can be misleading.
विश्वसनीय सेवानिवृत्ति आय का अनुमान लगाएँ
CPP, OAS, employer pensions और other recurring income reduce the amount the portfolio must fund. Their start ages matter: delaying CPP or OAS can increase future guaranteed income but requires additional funding in the delay years.
अंतर को पोर्टफोलियो परीक्षण में बदलें
A simple screening ratio is portfolio divided by the first-year amount it must fund. For example, if a $1,000,000 portfolio must supply $40,000 in year one, that is 25 times the first-year portfolio-funded spending. If it must supply $60,000, it is about 16.7 times. Those ratios are only starting points because taxes, inflation, longevity और changing income all matter.
Do not ignore housing और taxes
A paid-off home can reduce ongoing housing costs और may provide future downsizing flexibility, while renting creates a different inflation-sensitive expense. Likewise, $1 million in TFSA assets is not equivalent to $1 million in RRSP assets because withdrawals have different tax consequences.
अपने परिवार के लिए विशिष्ट उत्तर बनाएं
The planner combines retirement ages, spending phases, CPP/OAS, RRSP/RRIF, TFSA, taxable investments, home scenarios, taxes और market uncertainty. The result is more useful than a generic “you need 70% of salary” rule.
अपना सेवानिवृत्ति लक्ष्य गणना करें
Use your actual household spending, benefits और assets to test whether the plan is sustainable.