Canadian Retirement Calculators
Every catax retirement tool in one place — from building your RRSP, to timing CPP and OAS, to drawing income from a RRIF or LIF tax-efficiently. Pick a stage below to find the calculator you need.
Saving for retirement
Build and optimise your registered savings before you stop working.
RRSP Tax Savings Calculator
See how much a registered contribution cuts your tax and grows tax-deferred.
RRSP Contribution Room
18% of prior-year earned income up to the annual max, less pension adjustment, plus carry-forward room.
Spousal RRSP Calculator
Split retirement income with a spousal RRSP and watch the attribution rules.
RRSP vs TFSA
Compare an RRSP and a TFSA for your tax bracket to find the better fit.
Government benefits
Plan your CPP, OAS and GIS — when to start them and how much to expect.
CPP & EI Calculator
Work out your CPP contributions and EI premiums on employment income.
CPP2 Calculator
Second-tier CPP contributions on earnings between the YMPE and YAMPE.
CPP Post-Retirement Benefit
Estimate the PRB earned by working past 60 while collecting CPP.
CPP Benefit Estimator
How much CPP you will get from your earnings and years worked, at 60 to 70.
CPP & OAS Start Age
Find the best age to start CPP (60–70) and OAS (65–70) with a breakeven.
OAS Clawback Calculator
See the 15% recovery tax on net income above the OAS threshold.
OAS + GIS Income
Combine OAS and the Guaranteed Income Supplement by marital status.
OAS and GIS Payment Amounts
This quarter's OAS, GIS and Allowance maximums and the GIS at each income level.
CPP & EI Maximums 2027 (Projected)
Confirmed 2027 EI figures, what's fixed by law for CPP, and when CRA confirms the YMPE and YAMPE.
Decumulation & withdrawals
Turn registered savings into income while keeping tax and clawbacks low.
RRIF Minimum Withdrawal
Your CRA-required minimum RRIF withdrawal by age, projected year by year.
RRSP Withdrawal Tax
Withholding tax at source and the real marginal tax on an RRSP withdrawal.
RRSP Meltdown Calculator
Spread RRSP withdrawals before age 71 to smooth brackets and cut lifetime tax.
LIF Withdrawal Calculator
Your Life Income Fund minimum and maximum annual withdrawal, plus the tax.
LIRA Unlocking Calculator
How much of a locked-in account you can unlock now in your pension jurisdiction, and the tax.
Pension Income Splitting
Transfer up to 50% of eligible pension income to a spouse to save tax.
Projection & planning
Pull every source together and project your income across retirement.
Can I retire at 55, 60 or 65?
After-tax income a year, in today's dollars, that RRSP savings plus the average CPP (QPP in Quebec) and full OAS sustain to age 95. Open any scenario for the year-by-year tax and withdrawals.
| Retire at | $300K | $500K | $750K | $1 Million |
|---|---|---|---|---|
| 55 | $22,600 | $28,300 | $34,600 | $41,100 |
| 60 | $26,000 | $31,700 | $38,700 | $45,700 |
| 65 | $30,000 | $36,200 | $44,000 | $51,500 |
| Retire at | $300K | $500K | $750K | $1 Million |
|---|---|---|---|---|
| 55 | $22,900 | $28,800 | $35,100 | $41,400 |
| 60 | $26,400 | $32,200 | $39,100 | $46,000 |
| 65 | $30,600 | $36,700 | $44,400 | $51,800 |
| Retire at | $300K | $500K | $750K | $1 Million |
|---|---|---|---|---|
| 55 | $22,900 | $28,800 | $35,200 | $41,600 |
| 60 | $26,300 | $32,300 | $39,300 | $46,100 |
| 65 | $30,700 | $36,900 | $44,500 | $51,900 |