Part of Financial Planning
Build retirement estimates from public pensions, workplace plans and personal savings, not one account balance. Gather pension statements, savings records and Canadian residence history before using the Canadian Retirement Income Calculator. Couples should calculate separately, then review the household picture together.
Compare the 3 listed products below. Open a product for its terms and source links. Missing terms are not confirmed.
Government of Canada
Estimate retirement income from public pensions, workplace pensions and savings. The government cautions that estimates are not a financial plan.
RBC Royal Bank
Compare income and expenses to explore retirement cash flow. Replace dated default pension examples with current personal estimates.
TD Canada Trust
Explore retirement savings needs through an interactive planning calculator. Results are estimates, not an investment account or guaranteed outcome.
Allow for taxes, investment costs and professional planning fees outside the estimate. Check whether the assumptions include inflation and changing expenses.
Results are estimates rather than a personal financial plan. Pension amounts and future returns should not be assumed without evidence.
The government advises spouses and common-law partners to complete the calculator separately and review both results.
Clarify whether you need budgeting, retirement planning, estate help or investment advice.
Verify credentials and the services the professional is authorized to provide.
Ask about direct charges, commissions and ongoing commitments.
General planning tools are not personalized financial, tax or legal advice.
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Financial Consumer Agency of Canada.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.
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