By June 15, 2017 Read More →

Personal Pay Cheque

Try the calculator below >

If you were to retire today, how much money would you need to sustain you through retirement after receiving your government pensions – Canada Pension Plan and Old Age Security?

This calculator estimates the personal pay cheque that you will need to “write” to yourself during retirement. It shows the amount of the pay cheque and the amount of money you will need to generate that pay cheque through out your retirement.

See Also: Will the Money Last

The amount of money that you will have to fund your retirement will depend on several factors including:

  • when you plan to retire
  • the return on your investments
  • when you start investing
  • your income expectations
  • inflation
  • how much you expect to receive in company and government pension benefits

 

Use the calculator to estimate your personal pay cheque during retirement:


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