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SavingsCalculator.ca RETIREMENT INPUTS

Put public pensions in the right part of the plan.

Use personal pension information rather than assuming everyone receives the maximum.

01

A maximum is not your estimate

A public headline about a maximum pension is not a personal entitlement. Use your own current benefit statement or official estimator. Keep the date and assumptions with your retirement notes.

02

Keep pension income outside this pot

Our withdrawal worksheet does not make a benefit estimate. Work out what portion of spending your other income might cover, then enter the amount you want savings to provide. Avoid counting the same income twice.

03

Timing belongs in a wider plan

The date a pension begins may differ from the date you stop working or begin drawing savings. A single constant withdrawal cannot represent every transition. Use shorter scenarios to explore the bridge and obtain a complete retirement-income review.

04

Leave out private records

You do not need to upload a pension statement, tax identifier or account document here. The calculator runs locally. If you contact MITEY, a general question is enough to begin.

Take this little checklist with you.

  • Find your own official benefit estimate.
  • Record the planned start date.
  • Separate pension income from withdrawals from savings.

Check your print preview before saving or printing.