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Annual Retirement Income Calculator

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TaxTips.ca Calculators -> Annual Retirement Income Calculator information page   This calculator will retain data for you, using cookies on your own computer.  If you don't want this, click Reset before closing the web page.  Not retaining data?  See our main Calculators page.
Annual Withdrawals From Investments 
Yellow cells can be changed - results are calculated automatically once you press enter.
Input the first number of years, others will be in 5-year increments.
Where the rate of return row and # of years column intersect shows annual withdrawal amount.
Assumes withdrawals are made at the end of each year.
No allowance is made for inflation.
Investment market value at start of retirement   
% Rate of
Return
Years the money will last until investments drawn down to zero
Annual withdrawal amount - before any applicable income tax
After-tax amount will depend on type of income and province of residence.
Part of income will be non-taxable withdrawal of capital when investments are being cashed out.
See our articles: How Much Money Do You Need To Retire?
Historical Investment Returns on Stocks, Bonds, T-Bills
Use the Canadian Tax Calculator to estimate your taxes.

Questions or comments on the Annual Retirement Income Calculator? 
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Revised: June 26, 2018

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