GMFSI Retirement Projection & Scenario Modelling Centre
Explore how savings, investment returns, retirement timing and withdrawal assumptions may influence your future retirement income. Begin with the interactive modeller below, then discover the broader projections available through personalized financial planning.
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Explore Your Retirement Future
Experiment with different retirement assumptions to see how savings, investment returns, retirement timing and withdrawal strategies may influence your future retirement income. This interactive modeller is designed to help you explore retirement planning possibilities through educational illustrations.
Scenario Inputs
Projected Results
Need a Personalized Retirement Strategy?
Retirement planning involves more than projected growth. Tax efficiency, investment structure, income sequencing, inflation, insurance protection, and withdrawal strategy all play an important role.
Request My Personalized Retirement ReviewUnderstanding Your Retirement Scenario
Retirement planning is not just about accumulating money — it is about understanding how savings, investment growth, withdrawal rates, taxes, inflation, and income needs may work together over time. This guide explains how to interpret the Retirement Scenario Modeling Tool.
What Does This Tool Show?
The tool estimates how annual investments may grow over time based on an assumed rate of return. It then applies a retirement withdrawal rate to estimate potential annual and monthly retirement income.
- Projected portfolio value
- Estimated annual retirement income
- Estimated monthly retirement income
- Estimated retirement age
Why Scenario Modeling Matters
A retirement projection helps turn abstract savings goals into clearer numbers. It allows you to test different contribution amounts, time horizons, rates of return, and withdrawal assumptions before making planning decisions.
This can be especially useful for high-income professionals, incorporated business owners, and individuals approaching retirement.
Example Scenario
If a 55-year-old investor contributes $50,000 annually for 10 years at an assumed annual return of 7%, the projected portfolio value may reach approximately $739,180.
Using a 4% withdrawal approach, this could potentially support about $29,567 per year, or approximately $2,464 per month, before tax.
| Input | What It Means | Planning Consideration |
|---|---|---|
| Current Age | The starting age for the retirement projection | Determines the age at which income may begin |
| Annual Investment | The amount contributed each year | Higher contributions can significantly increase future income |
| Expected Return | The assumed annual growth rate | Actual investment returns will vary |
| Withdrawal Rate | The percentage withdrawn annually in retirement | Higher withdrawals may increase the risk of depleting assets |
What the Projection Does Well
- Shows the power of disciplined annual investing
- Helps estimate future retirement income
- Illustrates the effect of return assumptions
- Creates a simple retirement planning conversation
What It Does Not Fully Capture
- Inflation impact on purchasing power
- Tax payable on withdrawals
- Market volatility and sequence-of-return risk
- CPP, OAS, pension, or corporate income sources
Important Retirement Planning Reminder
A projected return is only an assumption. Actual investment outcomes can be higher or lower depending on market performance, investment selection, fees, taxes, and withdrawal timing.
Retirement planning should also consider inflation, income tax, estate planning, insurance protection, healthcare needs, and whether income should come from registered, non-registered, corporate, or insured strategies.
For Incorporated Professionals
Physicians, dentists, business owners, and incorporated professionals may need to compare whether funds should be invested personally, corporately, or through a combination of strategies.
Corporate cash surplus, shareholder compensation, tax integration, and passive income rules may affect the planning decision.
Withdrawal Strategy Matters
Retirement income should be planned carefully. The order of withdrawals from RRSP/RRIF, TFSA, non-registered accounts, corporate investments, and insured strategies can affect taxes and estate outcomes.
A sustainable income plan should balance income needs, tax efficiency, liquidity, and long-term asset preservation.
How to Use the Tool
Enter the current age, annual investment amount, number of investing years, expected annual return, and estimated withdrawal rate. The tool then estimates projected portfolio value and potential retirement income.
Try adjusting the assumptions to see how increasing contributions, extending the time horizon, or changing the withdrawal rate may affect future retirement income.
Frequently Asked Questions
Is a 7% return guaranteed?
No. A 7% return is only an assumption for illustration. Actual returns will vary and may be positive or negative in any given year.
Is a 4% withdrawal rate always safe?
No. A 4% withdrawal rate is a common planning assumption, but sustainability depends on age, market returns, inflation, tax, spending needs, and portfolio structure.
Does this include tax?
No. The income shown is before tax. Actual after-tax income depends on account type and personal or corporate tax situation.
Should I invest personally or corporately?
That depends on your corporate structure, cash flow needs, tax situation, compensation strategy, and long-term goals. Professional tax advice should be considered.
Can this tool replace a retirement plan?
No. It is an illustration tool. A complete retirement plan should include taxes, inflation, risk tolerance, estate planning, insurance, government benefits, and withdrawal sequencing.
Need a Personalized Retirement Strategy?
A personalized review can help determine how much to invest, where to invest, how to structure retirement income, and how to coordinate personal, corporate, and registered assets.
Request My Personalized Retirement ReviewSee Your Financial Future Before You Retire
Professional retirement planning goes beyond a simple calculator. We bring retirement income, taxation, government benefits, investments, real estate, insurance and estate planning together in one coordinated financial projection.
More Than a Retirement Calculator
A coordinated projection considers how income, taxation, investments, benefits, housing and estate objectives may interact throughout retirement.
Retirement Timing
Compare different retirement dates and assess how timing may affect income sustainability.
Retirement Spending
Estimate lifestyle expenses and model whether the desired spending level may be sustainable.
CPP and OAS
Examine benefit commencement dates and their effect on lifetime retirement cash flow.
Tax Planning
Project taxable income, marginal tax rates and different account withdrawal strategies.
RRSP and RRIF
Model contributions, withdrawals, conversion timing and future registered-income requirements.
TFSA Strategy
Explore how tax-free savings can support retirement income and longer-term estate objectives.
Investment Assets
Track registered, non-registered and tax-free investment assets throughout retirement.
Estate Outcomes
Estimate future net worth, estate taxation and potential values transferred to beneficiaries.
A Year-by-Year Retirement Roadmap
Review projected income, expenses, taxes, investment values, property, debt, net worth and estate outcomes for each year of retirement.
Look Beyond the Early Retirement Years
Retirement planning should not stop at age 70 or 75. Longer-term modelling can illustrate how income sources, withdrawals, property values and estate outcomes may change later in life.
Compare Lifestyle and Financial Strategies
Projections can be used to test alternative retirement dates, spending levels, contribution strategies, government-benefit timing and withdrawal approaches.
Lifestyle Recommendations
Explore sustainable retirement spending, alternative retirement ages, available savings and potential lump-sum requirements.
Financial Recommendations
Examine CPP and OAS start dates, taxable-income targeting, TFSA maximization, contribution order and withdrawal order.
Understand the Cost of Your Retirement Lifestyle
A cash-outflow projection illustrates how living expenses, taxation, income splitting and investment withdrawals may change over time.
See Where Your Retirement Income May Come From
Retirement income may come from several sources at different times. A coordinated projection helps demonstrate how those sources may work together.
Watch Your Wealth Evolve Throughout Retirement
A net-worth projection can help illustrate how investment assets and real estate may change while retirement spending is being supported.
Connect Investment Strategy to Retirement Needs
Investment allocation should reflect more than performance. It should also consider time horizon, income needs, liquidity, risk tolerance and estate objectives.
Coordinate Government Benefits and Protection Needs
Retirement planning may also include reviewing government-benefit taxation, survivor income and insurance needs that could affect a spouse or family.
Turn Retirement Questions Into Measurable Scenarios
Different assumptions and planning decisions can be modelled to help illustrate their possible long-term impact.
From Financial Information to an Actionable Strategy
Financial projections are most useful when they are supported by accurate information, reasonable assumptions and an ongoing review process.
Initial Conversation
We discuss your objectives, concerns, retirement timeline and the questions you would like the projection to address.
Information Gathering
Relevant income, investment, pension, tax, insurance and estate information is collected and reviewed.
Scenario Modelling
Different retirement dates, income strategies and assumptions can be compared.
Strategy Review
We explain the results, identify trade-offs and discuss practical next steps.
Financial projections are estimates based on information and assumptions available when they are prepared. Actual investment returns, inflation, taxation, government benefits, expenses and personal circumstances may differ. Projections do not guarantee future results and should be reviewed periodically. Screenshots shown on this page are illustrative sample scenarios only and are not intended to represent a specific client or a recommendation. Tax, insurance and investment recommendations require an appropriate individual assessment.
Give Your Retirement Decisions Greater Clarity
A personalized financial projection can help you understand how today's decisions may affect your future income, taxation, investments, estate and retirement lifestyle.
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.
When Should You Start CPP & OAS?
Starting benefits too early or delaying them unnecessarily could impact your retirement income, taxes, and long-term financial security. Explore key considerations before making your decision.
Explore CPP & OAS Timing Strategy →