Quote:
Originally Posted by Iggy_12
Im 33 plan to retire between 60-65
I contribute 1750 a month into RRSPs/TFSA growth accounts (plan on increasing this each year with salary increases)
Current savings around 100K
Im 3 years into a 490k mortgage
Married no kids, my wife saves very little as she doesnt make as much as me
My household income is around 160k pre tax
Retirement goals are to downsize the house to a small condo and potentially buy something in Arizona/palm springs, lots of golf and travelling
For the experts, am i saving enough to realistically reach my goals?
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Based on a 6% average RoR at 65 you will have.....
$3,232,559
If my math is right (Well the calculator I plugged it into - I like Sunlifes for ease of use)
https://www.sunlife.ca/en/tools-and-...gs-calculator/
This doesnt include you OAS or CPP