Retirement income calculator

Please enter your information

*Required
Retirement information
80
 
$1.00
$200,000.00
 
0
105
Frequency:  
 
Note: If you’re retired, make sure you enter the actual retirement income amount found on your bank statements or other resources. For pre-retirees, these amounts will be estimates.
 
$0.00
$713.34
 
$0.00
$1,645.54
$0.00
$83,333.33
$0.00
$83,333.33
 
$0.00
$16,666.66
 
$0.00
$8,560.08
 
$0.00
$19,746.48
$0.00
$1,000,000.00
$0.00
$1,000,000.00
 
$0.00
$200,000.00
$0.00
$3,000,000.00
$0.00
$500,000.00
$0.00
$3,000,000.00
Frequency:  
 
$0.00
$2,208.33
$0.00
$500.00
$0.00
$10,000.00
$0.00
$26,500.00
$0.00
$6,000.00
$0.00
$120,000.00
 
0.100%
20.000%
 
0.100%
20.000%
Retirement information
80
 
$1.00
$200,000.00
 
0
105
Frequency:  
 
Note: If you’re retired, make sure you enter the actual retirement income amount found on your bank statements or other resources. For pre-retirees, these amounts will be estimates.
 
$0.00
$713.34
 
$0.00
$1,645.54
$0.00
$83,333.33
$0.00
$83,333.33
 
$0.00
$16,666.66
 
$0.00
$8,560.08
 
$0.00
$19,746.48
$0.00
$1,000,000.00
$0.00
$1,000,000.00
 
$0.00
$200,000.00
$0.00
$3,000,000.00
$0.00
$500,000.00
$0.00
$3,000,000.00
Frequency:  
 
$0.00
$2,208.33
$0.00
$500.00
$0.00
$10,000.00
$0.00
$26,500.00
$0.00
$6,000.00
$0.00
$120,000.00
 
0.100%
20.000%
 
0.100%
20.000%

Results

Please complete the form to get your results or contact a Co-operators Financial Advisor.

You will have enough retirement income to meet of your target. To make up for your shortfall you can either save more prior to retirement or reduce your target.

Your current retirement income level will last until age . To make up for your shortfall, you can either reduce your current income, or try to increase your income by working more.

Congratulations.
You are on track to reach your income goal.

Congratulations.
Your partner is on track to reach their income goal.

Sustainable income consists of income from savings, OAS, CPP/QPP and any other income sources in retirement. It’s the estimated constant income achievable for the duration of retirement based on your financial situation.



Contact a Co-operators Financial Advisor

Results

Please complete the form to get your results or contact a Co-operators Financial Advisor.

Your partner will have enough retirement income to meet of their target. To make up for the shortfall they can either save more prior to retirement or reduce their target.

Your partner’s current retirement income level will last until age . To make up for the shortfall, they can either reduce their current income, or try to increase their income by working more.

Congratulations.
You are on track to reach your income goal.

Congratulations.
Your partner is on track to reach their income goal.

Sustainable income consists of income from savings, OAS, CPP/QPP and any other income sources in retirement. It’s the estimated constant income achievable for the duration of retirement based on your financial situation.



Contact a Co-operators Financial Advisor
  1. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. Before making investment decisions, you are advised to speak with your legal and/or tax advisors.
  2. Your information will be used solely for the purposes of the calculator and will not be collected or reviewed.
  3. We cannot and do not guarantee the applicability or accuracy of the calculator in regards to your individual circumstances. Actual results may vary, perhaps to a large degree. You should consult your Co-operators Financial Advisor before taking any action.
  4. Contribution amounts may be subject to legislative requirements.
  5. This calculator should not be used as a financial planning tool as it’s designed for illustration purposes only.
  6. These results are general estimates only and (i) are based on the accuracy and completeness of the data you’ve entered, and (ii) are based on assumptions that are believed to be reasonable.
  7. For further information relating to your retirement needs please contact your Co-operators Financial Advisor.
  8. The Co-operators Group Limited and any of its related, affiliated and subsidiary corporations (“The Co-operators”) and their respective agents, employees or representatives do not make any express or implied warranties or representations with respect to any information or results in connection with this calculator. The Co-operators and their agents, employees and representatives will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.