Retirement Calculator: Canada

Project your retirement savings year by year, in today’s money after inflation, with the income a 4% withdrawal supports and your financial-independence age.

Reviewed August 30, 2026CentExact EditorialRates effective January 1, 2019SourceNothing you enter leaves your browser.

For how the calculation works, the formula behind it and what it leaves out, see the full guide.

Data sources

Canadian consumer finance conventions
Effective 2019-01-01 onward · retrieved 2026-08-30
- Government of Canada: CPP retirement pension
- Financial Consumer Agency of Canada: paying off your credit card
Sales tax on a vehicle is provincial, so the rate here is representative.
How we checked these figures
The standard CPP retirement age is 65, with an actuarial reduction from 60 and an increase to 70.
Current

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page with the official sources they came from.

CentExact Editorial · Research & verification

Every CentExact calculator is built from the published finance formula, tested against spreadsheet, lender and tax-authority figures, and reviewed when the underlying rates or rules change.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.