Prefer a Quick Estimate?
Start with the Simple Drawdown Calculator for a quick illustration of how long your retirement savings could last.
Retirement Income Drawdown Premium V2.4
Estimate how long retirement assets may last, coordinate portfolio withdrawals with CPP, OAS, pensions, and other income, compare sequence-of-return scenarios, and identify potential income-sustainability risks.
Retirement Income Inputs
Enter the retirement assets, income, withdrawal, inflation, and return assumptions.
Have another retirement question? Explore tools for savings gaps, government benefits and retirement withdrawals.
← Choose Another Retirement ToolFrom Retirement Savings to Retirement Income
Your drawdown illustration is one part of your retirement plan. Explore these GMFSI videos for context on RRIF withdrawals, account choices and retirement income splitting.
RRIF Withdrawals
Explore RRIF withdrawals and the questions to consider when turning retirement savings into income.
Watch on YouTube ↗RRSP vs TFSA in Retirement
Consider how different account types fit into your retirement income and withdrawal discussions.
Watch on YouTube ↗Retirement Income Splitting
Explore retirement income splitting as a topic for reviewing your household’s retirement plan.
Watch on YouTube ↗General educational information only. Projections are hypothetical, not guarantees. These videos provide additional context; their topics may extend beyond the calculator’s calculations. Personalized withdrawal and tax strategies require a review of your circumstances.
Turning 71: What Happens to Your RRSP?
Approaching 71? Watch this video to understand the planning questions around your RRSP, then use the calculator to explore how withdrawals could affect your retirement savings over time.
From Information to Action
Would a brief review of your retirement withdrawal plan be useful? Bring your questions about timing, income needs and how your accounts fit together.
Contact GMFSI for a Retirement ReviewEducational information only. Calculator illustrations are estimates; confirm account rules and tax implications before making decisions.
Continue Your Retirement Planning
Explore your government benefits, compare your income needs with available sources, and consider how investment risk could affect your plan.
Each tool provides a separate educational illustration. Your figures are not automatically transferred between tools.
Start With Your Financial Wellness Snapshot
Answer a few focused questions and receive an educational snapshot of your financial readiness across protection, retirement, investments, cash flow, estate planning and tax planning.
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- ✓ Suggested focus areas
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- ✓ No obligation
Your Financial Starting Point
Complete the assessment in just a few minutes.
Start My Wellness CheckSee Your Financial Future Before You Retire
Retirement planning is about more than reaching a savings target. Explore the kinds of personalized projections that can bring your retirement income, investments, taxes, CPP, OAS, real estate, insurance and estate objectives together in one coordinated picture.
Start on This Page
Discover how coordinated financial planning can help bring greater clarity to your retirement decisions.
Explore Retirement Projections
See examples of the income, taxation, cash-flow, net-worth and estate projections that may be considered.
Visit the Financial Planning Centre
Learn how retirement planning fits within a broader, coordinated financial strategy.
Begin With a Clarity Session
Discuss your goals, questions and priorities during a no-obligation 15-Minute Clarity Session.