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Retirement Readiness

Project your savings, compare against what you'll actually need, and see what it would take to close any gap.

Your situation

30 years to go

All retirement accounts combined

Including employer match

Typical balanced portfolio: 5-7%

In today's dollars

Quick what-ifs

Each button adjusts one input — stack them to see combined effects.

VerifiedAdvisorsHub · Retirement Calculator

Your Retirement Readiness

Your Readiness

Projected at age 65

$1,104,741

Target Nest Egg (4% rule)

$1,500,000

$60,000/yr × 25

Progress to target74%

Shortfall: $395,259

You need to save $1,193/month to hit your target — $393 more than you're currently contributing.

Years until retirement30
Total contributions over time$288,000
Investment growth$766,741
Projected nest egg$1,104,741

Connect with a verified advisor to model CPP/OAS, Social Security, pensions, and tax strategies.

About retirement readiness

🇨🇦 🇺🇸CA & US

A simple accumulation model against a sustainable-withdrawal target.

At a glance

The 4% ruleYou need ~25× desired annual income as a nest egg
Real returnsHistoric balanced portfolio: 5–7% real, 7–9% nominal
CPP / Social SecurityTypically covers 30–40% of retirement income

Best for

  • Setting contribution targets for your current age and income
  • Stress-testing alternative retirement ages
  • Communicating the numbers to a spouse or partner

Watch out for

  • This model doesn't explicitly account for taxes on withdrawals
  • Sequence-of-returns risk — early-retirement drawdowns in a down market — isn't modelled
  • Inflation is implicit in the return rate; real target may be higher in nominal terms

Learn more

RRSP vs. TFSA: Which Should You Fund First?

6 min read

CPP Timing: Should You Take It at 60, 65, or 70?

6 min read

Social Security Timing: Claim at 62, 67, or 70?

7 min read

This is educational, not financial advice. An advisor can apply it to your specific situation.

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How the target is calculated

Your nest egg targetuses the 4% rule: the amount you can generally withdraw each year in retirement without depleting your savings. We multiply your desired annual retirement income by 25 to estimate how much you'll need saved by your retirement date.

Your projected nest egg grows your current savings and monthly contributions at the expected return rate until retirement. We compare the two to identify any gap or surplus, then work backwards to find the monthly contribution that would close a shortfall.

This is a simplified projection. A real retirement plan accounts for CPP/OAS or Social Security, pensions, tax treatment of different accounts, inflation adjustments, and sequence-of-return risk. A licensed advisor can build you a comprehensive plan.