Retirement Budget Calculator

Are you on track for the lifestyle you want?

See what your retirement budget could look like in as little as 5 minutes. Use this calculator to:

Estimate your current cash flow or see how it might change after you retire
Know whether you’re ahead or come up short

Start by telling us what you would like to do.

Compare my income and expenses before and after I retire

Estimate my current income and expenses only

CPP Average as of Oct 2019 is $672.87 https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-benefit/amount.html

OAS Maximum Monthly Amount as of Jan 2020 is $613.53 https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/payments.html#tbl1

Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec. The content of this publication is provided for informational purposes only and is not intended to provide specific financial, investment, tax, legal, accounting or other advice for you, and should not be relied upon in that regard. All charts, illustrations, examples, case studies and other demonstrative content are general and have been provided in this publication for illustrative purposes only. The case studies included do not represent actual events or real individuals. While efforts are made to ensure the accuracy and completeness of the information at the time of publication, errors and omissions may occur. Readers should consult their own professional advisors when planning to implement a strategy. This will ensure that individual circumstances have been considered properly and that action is taken on the latest available information. Interest rates, market conditions, tax and legal rules and other investment factors are subject to change.