Let's see when you can retire.
This will take about 5 minutes. By the end, you'll know:
- Your locked savings target — the dollar amount that anchors your retirement, regardless of what % of income it represents
- Your projected principal at every milestone — every 5-year mark from now through your target retirement age
- What trade-offs unlock earlier retirement — and which scenarios are out of reach on your current trajectory
- How long-term care affects your plan — and which financing strategies fit your situation
Learn more — Why dollar-anchored?
Most retirement tools ask you to pick a savings rate percentage (e.g. "save 15% of income"). The percentage is useful as a diagnostic health signal — but the retirement math actually depends on a dollar amount.
Lock the dollar amount, and the percentage falls out automatically. At $90K net, $43,200/yr saved is 48%. At $200K net, the same $43,200 is 21.6%. Same retirement outcome, completely different lifestyles.
Learn more — What you'll need to know
Four numbers from your own situation:
Your age — easy. Your invested principal — the total sitting in TFSA + RRSP + taxable accounts (NOT chequing/HISA). Your annual savings dollar amount — what you actually put away each year, in dollars not percentage. Your target retirement age — the year you want financial independence.
There are no wrong answers — everyone's circumstances are different. If you don't know a number exactly, estimate. You can come back and refine.
Click Next → below to start with the four core numbers.