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Retirement Planning Calculator

Project net worth across TFSA, RRSP and Taxable accounts. Compare withdrawal strategies. Inspired by the PWL Capital research tool.

savings

Max Final Net Worth

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Optimal Contributions Bonus

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Optimal Withdrawals Bonus

★ Best Contributions: — ★ Best Withdrawals: — show_chart Real return 0.00%

Stacked area shows account balances in today's dollars (real). TFSA + RRSP + Taxable = total net worth.

Income sources during working years and retirement. Bars are in today's dollars.

Estimated combined federal + Ontario tax (simplified) and average marginal rate, in today's dollars.

Comparison of every withdrawal ordering during retirement. Final net worth is in today's dollars at the life-expectancy age.

Year-by-Year Projection

Year	Age	Income	Spending	Tax	TFSA	RRSP	Taxable	Net Worth

All values in today's dollars (real). Retired years highlighted.

Assumptions

Province

Birthdate

Age

Retirement Date

Retirement Age

Income

Spending

TFSA Value

TFSA Room

RRSP Value

RRSP Room

Taxable Value

Taxable Book

CPP Age

Benefits Age

CPP Earnings %

Children

Disability

times

% of YMPE used to estimate CPP earnings record. "Optimize" picks 60–70 to maximize NW.

Years In Canada

Benefits Age

Contributions

Benefit

Benefit Start

Index Rate

Pension Adj.

Income (current)

Source

Sex

Survival %

Life Expectancy

Allocation

Outcome

Cdn Div

Foreign Div

Income

Unreal. CG

Real. CG

Inflation

Wage Infl.

Total nominal

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Real return

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Contributions

Withdrawals

"Optimize" runs all orderings and picks the best. The chart on the left shows the optimal scenario.

Disclaimer: This is an educational projection tool and does not constitute financial advice. Tax calculations are simplified (combined federal + provincial marginal brackets, no surtaxes, basic personal amounts approximated). Returns are deterministic; real markets are not. CPP/OAS amounts use 2025 maximums and indexing rules. Always validate large decisions with a qualified advisor. Inspired by the open methodology of PWL Capital's research tool.