Calculators

Use the following tools to get a clear understanding of the way that key variables can impact your retirement savings. 

Retirement Transition Illustrator
How much impact does working longer have on your retirement savings? Can you afford to retire as you planned? Use this tool to find out.
Read a case study on how Bob used the Retirement Transition Illustrator to determine if he should work longer.

Canadian Retirement Income Calculator
This Government of Canada calculator estimates the ongoing income you may receive throughout retirement from government sources, as well as employer pensions, RRSPs and other income.

RRSP Borrowing Calculator
Not sure whether or not to maximize your RRSP contribution this year? Use this tool to find out if borrowing makes sense in your situation.

RRSP vs. Mortgage Calculator
Should you contribute to your RRSP or pay off your mortgage? This tool will help to provide answers.

To discuss your needs directly, contact a BMO Financial Planner or a BMO Nesbitt Burns Investment Advisor.