Wages
$61,000/year
(year 1)
increase annually
2.57%3
Total earnings
$3,543,000
Savings
$9,150/year
(starting year 2)
increase annually
2.57%3
Total savings
$522,000
RRSP balance
$9,150/year
(starting year 2)
annual return
5%5
Balance @60
$1,242,000
RRSP balance
$9,150/year
(starting year 2)
annual return
5%5
Balance
@60
$1,242,000
Registered retirement income @61
$63,375/year
indexed to inflation
2%4
annual return
5%5
Registered retirement income @90
$115,800/year
Registered retirement income @ 61
$63,375/year
indexed to inflation
2%4
annual
return
5%5
Registered retirement income @ 90
$115,800/year
Registered retirement income
@61
$63,375/year
indexed to inflation
2%4
annual
return
5%5
Registered retirement income
@90
$115,800/year
Wages
$61,000/year
(year 1)
increase annually
2.57%3
Total earnings
$3,543,000
Savings
$9,150/year
(starting year 2)
increase annually
2.57%3
Total savings
$522,000
RRSP balance
$9,150/year
(starting year 2)
annual return
5%5
Balance @60
$1,242,000
Reg. retirement income @61
$63,375/year
indexed to inflation
2%4
annual return
5%5
Reg. retirement income @90
$115,800/year