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You know how important it is to save for retirement and these days, a growing number of Canadians spend about 35 years working... and 30 years in retirement. This means that your current savings plus your savings between now and your retirement will have to provide income for up to half your adult life.

We've developed a series of questions that may help you determine:

1. The amount of money you'll need to contribute in your working years to provide you with a certain level of retirement income.

2. The retirement income you'll receive given the contributions you make during your working years.

Please bear in mind that this calculator is intended as a general reference tool only and that we offer no guarantees regarding the annual rate of return you will choose. We recommend you contact your representative to discuss a retirement plan that is best suited to meet your needs.

1	What are your current retirement savings? Include personal savings (such as term deposits, mutual funds, bank accounts) as well as the value of your holdings in employer-sponsored plans.	$
2	How many years remain until your retirement?
3	How many years should your funds last after your retirement?
4	What is your expected annual rate of return for your investments?	%
5	Do you contribute monthly or annually?	Monthly Annually
6	How often would you like your retirement income to be paid?	Monthly Annually
7	What is your marginal tax rate? This question is optional. If you know the rate, it will allow you to determine your after-tax net contribution assuming a registered plan.	%
8	If you wish to increase your contributions during your working years, enter the annual rate of increase.	%
9	If you wish to increase your retirement income, enter the annual rate of increase that would protect your purchasing power.	%
Answer question 10 or 11 for an analysis of your financial situation.
10	To find out the income you'll receive at retirement, enter your current contributions according to your response in question 5 (monthly or annually).	$
11	To find out how much money you'll need to contribute during your working years, enter the retirement income you'd like to receive (taking inflation into account) according to your response in question 6 (monthly or annually).	$