Retirement Calculator

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Your Information

Current Age

Age you plan to retire

The traditional retirement age is around 65.

How much money do you currently have in retirement investments?

This should be total of all your retirement investment accounts, including RSPs, TFSAs, 401(k), etc.

$

How much will you contribute monthly?

This is the amount you regularly invest each month.

$

What do you think you annual return will be?

The average annual return ranges from 6% to 8%. It’s worth noting that these estimates are based on historical averages, and it’s important to remember that past performance does not guarantee future results.

%

ESTIMATED RETIREMENT SAVINGS

In 0 year, your investment could be worth:

$0

$0

Initial Balance X% of Total

$0

Contributions X% of Total

$0

Growth X% of Total

If you saved an extra $100 a month you could create an extra $0 in additional growth!

Benefits of using the Retirement Calculator tool

A Retirement Calculator is a tool that helps you plan for your retirement by estimating how much money you will have saved by the time you retire. It takes into account your current age, retirement age, existing investments, monthly contributions, and expected annual return. By using a Retirement Calculator, you can see how different factors affect your retirement savings and adjust your strategy accordingly. A Retirement Calculator can also show you the potential benefits of saving more or investing more wisely.
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