Retirement calculator

Retirement planning is a key part of your long-term wealth management, so we want to make it easy for you to take control, whether you use a financial advisor or invest on your own. Review your results below to see if you’re on track to reach your retirement goal.

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Your Results

Here is what you told us:

So, how old are you? 20 years
How much do you earn per year? $ 50,000
How much have you saved for retirement? $ 5,000
What are your monthly savings? $ 5,000
What level of income from other sources do you expect to receive in retirement? 55 %
What's your investment style? Moderate
How much do you need for your preferred lifestyle when you retire? 80% of salary

Here is your potential projected savings in current money terms:

If the market performs poorly
If market performance is average
Projected savings graph
Your goal at retirement $200,000
Poor market conditions
Average market conditions
Savings
deficit
On track to have $240,000
On track to have $240,000
AGE YEAR AVERAGE MARKET ASSETS EXTENDED MARKET ASSETS

Here is your potential projected income in current money terms:

If the market performs poorly
If market performance is average
Projected income graph
Your goal at retirement $200,000
Poor market conditions
Average market conditions
Income
deficit
On track to have $240,000
On track to have $240,000
AGE YEAR AVERAGE MARKET ASSETS EXTENDED MARKET ASSETS

Talk to your financial advisor about your personal retirement plan.

This calculator is provided for informational purposes only. All charts and illustrations are used to illustrate a user’s retirement savings goal and growth based on inputs provided by the user and hypothetical accumulation of assets based on Fidelity’s assumptions on how markets may behave in future. The outcomes are hypothetical in nature, do not reflect future values of any fund or returns on investment in any fund, and are not guarantees of future results. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results.

The information provided herein should not be interpreted as financial, investment, tax, legal or accounting advice. Investments should be evaluated according to an investor's investment objectives and risk tolerance. You should consult your professional advisor before taking any action.

Fidelity Investments Canada ULC does not make any express or implied warranties or representations with respect to any information or results in connection with this calculator. Fidelity Investments Canada ULC will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus, which contains detailed investment information, before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.