Planner answers
Can I retire at 55, 60 or 62 with my savings?
Each answer runs the full planner — CPP after the years you won't work, OAS, 2026 tax with age and pension credits, the best withdrawal order and 400 market paths — for a single person and a couple.
| Savings | Retire at 55 | Retire at 60 | Retire at 62 |
|---|---|---|---|
| $500,000 | $37,400 · $49,500 | $42,600 · $58,900 | $45,000 · $63,500 |
| $1 million | $53,500 · $67,500 | $60,200 · $78,200 | $63,100 · $83,500 |
| $1.5 million | $69,600 · $84,900 | $77,800 · $97,300 | $81,200 · $103,100 |
Spending includes CPP and OAS from 65. Click any cell for the year-by-year plan, market ranges, CPP effect and province comparison.
Educational estimate, not advice. Results depend on your inputs and the assumptions listed. They are not a prediction of returns or a recommendation. Check benefit amounts in your My Service Canada Account and tax details with the CRA. Read the disclaimer.