Retirement Income Calculator
Plan how long your savings will last in retirement, combined with CPP and OAS benefits.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
$
Government Benefits
Average ~$830/mo, max ~$1,365/mo
Max ~$727/mo at age 65
Your Savings Will Last
28.8 years
Monthly Target
$4,000.00
From Savings
$2,443.00
/month
From CPP + OAS
$1,557.00
/month
Income Sources
CPP+OAS
Savings
Government (39%)Savings (61%)
Annual Withdrawal from Savings
$29,316.00
5.9% withdrawal rate
Frequently Asked Questions
What is the 4% rule?
The 4% rule suggests withdrawing 4% of your savings in the first year of retirement, then adjusting for inflation. A $500,000 portfolio would yield $20,000/year ($1,667/month). This rule targets a 30-year retirement horizon.
What is OAS in 2026?
The maximum OAS pension at age 65 is approximately $727/month (2026 estimate). OAS is income-tested — clawback begins when net income exceeds ~$90,997 (2026).
Should I include my home as retirement savings?
Only if you plan to sell or downsize. Your primary residence is not liquid — you need somewhere to live. Include only assets you can actually draw from.
Official Data Sources
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · MethodologyDisclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.
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