When you’re working

When you’re still working, you can take more risk with your money because your income can be used to make up investment losses. As you get closer to retirement, you may want to reduce your risk to protect your savings, so it’s there when you need it.

Amount currently in RRSP accounts:	$
Annual rate of return while you’re working:		Enter what you think your average annual rate of return will be while you’re working. This rate of return may change as you approach retirement and your risk tolerance changes. Consider this in your average.   %
Contribution amount and frequency:	$	Enter the dollar amount you plan to contribute each period to your RRSP. Learn more about contributing to an RRSP   from the Canada Revenue Agency. Weekly Bi-weekly Monthly Quarterly Semi-annually Annually
Current age:		You cannot contribute to your RRSP after December 31 in the year you turn 71   years
		1 71
Number of years until retirement:		years
		1 55

When you’re retired

Once you have fully retired, you can take less risk with your money because you no longer have an income to rely on if your investments lose money.

Estimated number of years in retirement:

years

Annual rate of return while retired:

Enter what you think your average annual rate of return will be in retirement. When you depend on your savings for income, reducing risks can protect your money, but results in lower average returns.   %