How It Works
Our AI-powered Retirement Projection Calculator aggregates your assets, debts, and uses intelligent modeling to provide a retirement roadmap tailored to Canadians. Here is how to use it:
- Input Your Basics: Provide your current age, desired retirement age, and household income.
- Detail Your Assets & Debts: Enter your RRSPs, TFSAs, investments, and any outstanding mortgage or loan balances.
- Add Your Income Streams: Input your projected defined benefit pension (if applicable), CPP, and OAS details to see how they bolster your retirement security.
- Define Your Expenses: List your recurring monthly costs to help the AI determine your actual retirement “burn rate.”
- Generate Your Projection: Hit the button and get a report detailing your Net Worth, FIRE number, Coast FIRE date, and a projected wealth table.