Canadian Retirement Income Calculator

The Canadian Retirement Income Calculator will provide you with retirement income information. This includes the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits. To estimate your retirement incomes from various sources, you will need to work through a series of modules. You will then need to compare them to your goal income. It also allows you to see the impact of the changes you make in how you save.

If you are married or living in a common-law relationship, you must each use the calculator separately and compare your results to understand your overall situation. It is also important for couples to know how a partner's death or the end of the relationship could affect their financial situation.

The calculator's results are estimates. You should not use them for financial planning.

The calculator does not collect personal information or identifiers.

What do I need to begin

It will take you approximately 30 minutes to use the calculator. To get the most out of your session, you may wish to have access to the following:

• CPP Statement of Contributions or QPP Statement of Participation
• financial information about your employer pension (if applicable)
• recent RRSP statement(s) (if applicable)
• statements for other savings that will provide ongoing monthly retirement income (annuities, foreign pensions; survivor pensions, etc.)

Continue

Related links

• Canada Pension Plan - Eligibility
• Canada Pension Plan - How much could you receive
• Apply for OAS
• Canada Pension Plan payment amounts
• Payment dates for OAS and CPP
• Direct deposit
• My Service Canada Account