Canada retirement calculator with tax-aware planning and Monte Carlo confidence.

It projects retirement spending and income year by year using CPP, OAS, RRSP/RRIF, TFSA, separate non-registered interest/GIC and capital-gains investments, adjusted cost base (ACB), cash, future expenses, optional housing scenarios, inflation, investment returns and estimated taxes. It also includes an optional CPP and OAS estimator using earnings and Canadian residence history, then compares government-benefit timing and withdrawal strategies.

It models Canadian account types, CPP and OAS timing, RRIF minimum withdrawals, Go-Go / Slow-Go / No-Go spending phases, future expenses and tax-aware drawdown strategies instead of only projecting one investment balance.

It turns the detailed projection into a practical summary: whether the plan is on target, what change is most useful now, how to react if markets change, tested ways to strengthen the plan, and a first-10-years annual retirement action roadmap.

It runs many different year-by-year investment-return paths around your average return and volatility assumptions. The success probability tells you how often the selected plan fully funded spending through the planning horizon. The 10th, median and 90th percentile values show a range of modeled outcomes rather than pretending there is one certain future.

It estimates the highest Go-Go, Slow-Go and No-Go lifestyle spending that reaches your selected confidence target. It keeps the proportions between your spending phases and does not remove planned one-time future expenses just to improve the result.

The Results tab tests a 30% market decline at retirement, five weak-return years, 15% higher lifestyle spending, living five years longer and a $100,000 unexpected expense. Each test includes a plain-language explanation of what the result means.

Yes. The model can use available TFSA room for the annual TFSA fill target. Excess cash created by mandatory RRIF withdrawals is used first. Any remaining target uses non-registered interest/income investments before capital-gains investments, subject to modeled TFSA room and available balances.

Use the interest / income investments bucket for savings accounts, GICs and similar holdings whose interest is taxable each year. Use the capital-gains investments bucket for investments whose growth you want modeled primarily as deferred capital appreciation. Enter the total ACB for that capital-gains bucket. The model allocates ACB proportionally on sales and applies the current 50% capital-gains inclusion rate to positive net realized gains.

Yes. Enable Home & Housing Strategy Planner in Savings & investments. The planner can compare keeping the current home, downsizing at a selected age, or selling and renting, including future home equity, transaction costs, changing housing costs, investable sale proceeds, retirement confidence and the after-tax estate.

Generally, an RRSP must be matured by December 31 of the year you turn 71. One common option is converting it to a RRIF. The RRIF minimum payment begins in the year after the RRIF is established.

Yes. In the Household step, Detailed CPP & OAS mode can estimate CPP from annual pensionable earnings relative to YMPE and estimate OAS from Canadian residence after age 18, including periods outside Canada. The result can be applied directly to the retirement optimization.

The model reduces an age-65 CPP estimate by 0.6% for each month CPP starts before 65, to a maximum 36% reduction at age 60. It increases the age-65 amount by 0.7% for each month after 65, to a maximum 42% increase at age 70.

The model can compare OAS beginning at 65 with a delayed start through age 70. Delaying after 65 increases OAS by 0.6% per month, up to 36% at age 70. It also models the automatic 10% increase beginning after age 75.

Canada does not generally impose a separate inheritance tax on beneficiaries. However, a deceased person can have income tax triggered by deemed dispositions and by remaining RRSP/RRIF amounts, subject to rollover and other rules. This planner therefore estimates an after-tax estate rather than calling the difference an inheritance tax.

Your retirement plan is stored locally on your device by default. Creating an account is optional and adds cloud synchronization for access from another device.

No. This is an educational planning model. Tax law, benefit eligibility, family circumstances and investment taxation can materially change an actual result. Review important retirement decisions with qualified Canadian tax and financial professionals.