Saturday, November 7, 2009, 4:53PM ET - Canadian Markets Closed.
Your living expenses may increase or decrease at retirement but will likely not stay the same. You may travel more, reduce business expenses such as eating out and transportation costs, perhaps your house will be paid off. Use this calculator to help compare living expenses now from the day you retire. This will also will help you to plan your saving requirements for the day you retire.
| Assumptions | Input | |
|---|---|---|
| Itemized Income | Pre-Retirement | Post-Retirement |
| Itemized Expenses | ||
This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.
| Mortgages Type | Rate |
|---|---|
| 1-yr Closed | 3.59% |
| 3-yr Closed | 4.22% |
| 5-yr Closed | 5.07% |
| GICs Type | Rate |
|---|---|
| 1-yr Annual | 0.98% |
| 3-yr Annual | 2.16% |
| 5-yr Annual | 2.80% |
| RRSP Type | Rate |
|---|---|
| 1-yr | 0.97% |
| 3-yr | 2.13% |
| 5-yr | 2.78% |
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