Fast, simple and reassuring: everything we love in a good tool. With just a few clicks, SimulR helps you see things clearly. Does your retirement plan make sense? Will you be able to stop working at the age you want? How much do you need to save to have enough money for retirement?
SimulR helps you see more clearly
Once you have entered your information, SimulR shows you a simple picture of your retirement income.
It allows you to carry out several scenarios based on the age at which you plan to apply for your retirement pension or based on your savings. At a glance, you can compare the income you would have if you applied for your pension earlier... or later.
Let's look at a fictitious example: if Julie were to retire at age 60, she would receive approximately $24 000 per year. If she waited until age 65, her income would increase to $30 000 per year. Over 20 years of retirement, this would represent a difference of $120 000, even without taking into account the fact that the pension is adjusted each year to the cost of living. The real difference could be even greater over time.
SimulR helps you compare your retirement goals (income, age...) with your current level of savings If there is a gap, it can even tell you how much more you would need to save each month to reach your goals. A handy tool for making adjustments, if need be!
SimulR does more than just show you numbers: it helps you better plan your retirement.
Here is an example:
Remember
- SimulR is free, easy to use and adapted to your situation.
- It shows you whether you are on track—or not—to reach your retirement income goal.
- It can also calculate how much more you need to save if you are not there yet.
- Most importantly, it helps you make informed decisions, with the numbers to support them.
Want to try? Keep your results and talk about them with your financial planner.
Other useful information