§ Calculator · Retirement
Retirement nest-egg target
What this is
How much do you actually need saved up to retire on a given income?
Target income minus CPP/OAS = what the portfolio must produce. Divide by safe withdrawal rate (4% rule) to get the nest egg needed. $1M portfolio supports $40k/yr at 4%.
Income from portfolio
$48,000
Nest-egg required
$1,200,000
At withdrawal rate
4.00%
Annual income mix: CPP/OAS + portfolio
Max CPP 2026 ≈ $17,478/yr at 65; max OAS ≈ $8,800/yr at 65. Most Canadians get 60-80% of max CPP. Add DB pensions to 'CPP/OAS' if you have one.
Disclaimer
Educational, not financial advice. Output is generated by an AI assistant using simplified assumptions. Tax rates, contribution limits, and benefit amounts change annually; confirm with a CFP, CPA, or the relevant Canadian regulator (CRA, FSRA, OSC, IIROC) before acting.