Determine how much your money can grow and the income it provides throughout retirement. This algorithm is a very specific calculator for Canadians taking charge of their retirement. Predict where your savings strategy will take you and create the perfect investment withdrawal rate in retirement. A pension.
This 2022 tax rate will help you estimate your future income based on your current saving. This strategy helps brings registered accounts to $0 at an inflated rate throughout your retirement. Why do we want to do this? To avoid a large tax bill the final year of your life. Use this app on a regular or at least annually basis with your updated any values to adjust your retirement withdrawal rate perfectly to your investment returns and estimated inflation.
Updated for 2022 Canadian tax brackets.
Performance & visual improvements.
Minor bug fixes.