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Wealth · Turn savings into a durable plan

Retirement and Income Planning

Coordinate savings, insurance and income for retirement planning.

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  • Income mapping
  • Longevity protection
  • Registered and non-registered choices
Educational information reviewed for 2026

Retirement planning is an income problem

A retirement plan converts assets and government benefits into after-tax spending while managing longevity, market, inflation and health risks. Insurance may provide estate liquidity, annuities may provide guaranteed income, investments provide growth and flexibility.

Map every income source

List CPP/QPP, OAS, workplace pensions, RRSP/RRIF, TFSA, non-registered savings, business assets, rental income and insurance. Note start ages, indexing, tax and survivor treatment.

Separate essential and flexible spending

Housing, food, tax and health costs need dependable funding. Travel and gifts may be flexible. Matching guaranteed income to essential spending can reduce the pressure to sell investments during weak markets.

Where annuities may fit

A payout annuity exchanges a lump sum for guaranteed income for life or a selected period. It can protect against outliving assets but reduces liquidity. Rates, guarantees, indexing and survivor options affect income.

Review insurance at retirement

Income-replacement needs may fall, while final expenses, tax, estate equalization or support for a dependant can remain. Do not cancel permanent insurance without reviewing surrender values, tax and estate effects.

Withdrawal order and tax

The order of RRSP/RRIF, TFSA and non-registered withdrawals can affect tax, OAS recovery tax and estate value. There is no universal order. Coordinate with a qualified financial planner and tax professional.

Stress-test and update

Test longer life, higher inflation, early market losses, a spouse's death and major care costs. Review annually and after retirement, inheritance, home sale or health changes.

Interactive needs analysis

Turn your retirement income goal into a monthly savings target.

We account for income that may continue, government benefits, workplace pensions and savings you already have. The result is an educational starting point in today's dollars.

Time to completeAbout 4 minutesNo account required
Start with your income today.

Include work income and passive income from rent, investments or other sources. Enter gross amounts before tax.

What monthly income would feel comfortable?

Use today's buying power. Then include sources expected to continue after work ends.

Check your estimates.CPP and OAS starting figures are planning placeholders. Use the Canadian Retirement Income Calculator ↗ for a personal estimate.
What have you already built?

Enter current balances and the amount you already save monthly. Do not include a defined-benefit pension balance when its monthly income is already entered above.

Your preliminary retirement savings target.

This calculation subtracts expected ongoing income from your goal, then estimates the capital and savings needed to fund the remaining gap.

Additional monthly saving indicated$0above the amount you currently save each month
Monthly income goal$0
Expected continuing income$0
Monthly income gap$0
Capital needed at retirement$0
Projected value of current assets$0
Total monthly savings target$0
How this estimate works

All amounts are before tax and shown in today's dollars. The illustration assumes a 3.5% annual return after inflation before retirement and 2.5% after inflation in retirement. It does not model taxes, fees, benefit clawbacks, investment volatility, survivor benefits or product guarantees.

Have an advisor review the moving parts.

Leave your details and the complete calculation will be saved to the advisor dashboard. An advisor can test different retirement ages, returns, taxes and income sources with you.

Questions, answered

What people usually ask

When should I start CPP?

The best age depends on health, longevity expectations, tax, other income and survivor needs. Model multiple start ages.

What is an annuity?

It is an insurance contract that pays guaranteed income for life or a stated period in exchange for a lump sum.

Should I keep life insurance after retirement?

Keep or change it based on remaining estate, tax, debt, dependant and legacy needs—not age alone.

Are investment returns guaranteed?

Market-based funds are not guaranteed. Certain GIC, segregated-fund or annuity features may provide contractual guarantees with conditions.

A quote should start with your needs

Turn the income you want into a plan you can act on.

Our interactive analysis brings your income goal, CPP, OAS, pensions, passive income and existing savings together before an advisor reviews the assumptions with you.

Start my guided quote

Sources and verification

We use official regulator, government and insurer information. Product contracts and eligibility change, verify details for your application.