Registered Retirement Savings Plan Calculator Are you saving enough for retirement? Find out if you're on track with our retirement calculator.

Note: This calculator assumes both your income and contributions will increase annually by the rate of inflation.

1. How old are you?               2. At what age do you want to retire?               3. How many years do you expect to be retired?               4. What is your current gross annual income? $             5. What rate of return do you expect to receive on your investments?   %           6. Factor in an anticipated rate of inflation.   %           7. How much do you already have saved for retirement? (factor in RRSPs, locked-in pension amount, etc.) $             8. What do you want your gross monthly income to be at retirement? (as a rule of thumb, base it on 70-80% of your current salary) $             9. How much do you want to contribute to your RRSP each month? $               OPTIONAL               I have past RRSP contribution room. If I took out an RRSP loan, what difference would it make to my retirement savings?     Loan Amount (min. $1,000): $