Retirement Savings Goal Calculator
Calculate how much you need to save for retirement based on your desired income, timeline, and the 4% rule or custom withdrawal rate.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
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Target Nest Egg
$3,146,351.37
Based on 4% withdrawal rate
Monthly Savings Needed
$2,439.94
$29,279.23/year
Years to Retirement
30 years
Age 35 to 65
Inflation-Adjusted Income
$125,854.05
Today's $60,000.00 in 30 yrs
Current Savings at Retirement
$380,612.75
$50,000.00 growing at 7%
Savings Gap
Target Nest Egg$3,146,351.37
Current Savings at Retirement-$380,612.75
Gap to Fill$2,765,738.62
Frequently Asked Questions
What is the 4% rule?
The 4% rule suggests you can withdraw 4% of your nest egg in the first year of retirement (adjusting for inflation each year) and have a high probability of not running out of money over 30 years.
Should I include CPP and OAS?
Yes. The desired income entered here should be the amount above what you expect from CPP and OAS. The max CPP at 65 is about $16,375/yr and OAS about $8,560/yr in 2026.
What return should I assume?
A balanced portfolio has historically returned 6-8% before inflation. Conservative estimates of 5-6% are prudent for planning. During retirement, a lower 4-5% is common.
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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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