Personal Finance
Canadian Retirement Calculator — CPP, OAS & Savings Income
Plan your Canadian retirement with CPP, OAS, RRSP and TFSA projections. See your total retirement income, savings gap, and how long your money will last.
Your Timeline
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Government Benefits
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Frequently Asked Questions
How much CPP will I receive in Canada?+
The average CPP payment in 2025 is approximately $900/month, while the maximum is $1,433/month. Your actual amount depends on your contributions and years in the workforce. You can get a personalized estimate by logging into My Account on Service Canada or by requesting a Statement of Contributions.
When do I qualify for OAS in Canada?+
Old Age Security (OAS) begins at age 65 for most Canadians. The full 2025 OAS payment is approximately $727/month. You can defer OAS to age 70, which increases your payment by 0.6% per month (7.2% per year) — a maximum increase of 36% if you defer the full 5 years.
What is the 4% rule for retirement?+
The 4% rule suggests you can withdraw 4% of your retirement portfolio in the first year, then adjust for inflation, with a high probability the money lasts 30 years. It originated from US research but is widely used as a starting point in Canadian retirement planning. Lower withdrawal rates (3–3.5%) are more conservative given current market valuations.
How much do I need to retire in Canada?+
A common rule of thumb is 25× your annual spending (the inverse of the 4% rule). To generate $5,000/month ($60,000/year) from your portfolio, you'd need approximately $1.5 million in savings. CPP and OAS reduce how much you need to draw from your portfolio, lowering the required amount significantly.