§ Calculator · Savings
Savings distribution
What this is
How long does a savings pool last at a fixed monthly draw?
Use for emergency fund burn-down (job loss runway), sabbatical funding, or parental-leave planning. Money keeps earning interest at the assumed rate while you draw from it.
Lasts
2.7 years (32 mo)
Annual draw
$30,000
Balance decline (sampled every 6 months)
Different from retirement distribution because the horizon is typically short (months to a few years) and the return assumption should be conservative (HISA rates, not equity returns).
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.