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Retirement Income Layering Tool

See how your retirement income sources stack up year by year — CPP, OAS, pension, RRIF, TFSA, and more. Understand where each dollar comes from and how your income evolves through retirement.

Your Retirement Profile

yrs
yrs
yrs

Guaranteed Income

$
At your chosen start age
$
$8,560/yr at 65, $9,416/yr at 75+
$
Leave 0 if none

Investment & Employment Income

$
Starting at RRIF conversion (age 72 max)
$
$
Dividends, interest, rental, etc.
$
yrs
yrs
Max age 71

Annual Retirement Income by Source

Hover any bar to see the income breakdown for that year

Income by Year — Full Breakdown

Age Employment DB Pension CPP OAS RRIF TFSA Non-Reg Total Income
Your Personalized Insight

Enter your income sources above to see your personalized retirement income analysis.

This tool provides general income projections for illustrative purposes. It does not account for inflation, investment growth, taxes, OAS clawback, or changing withdrawal needs over time. Not personalized financial advice.

Why Income Layering Matters in Retirement

Most Canadians enter retirement with multiple income sources that start at different ages and behave differently from a tax perspective. CPP and OAS are guaranteed and inflation-indexed but taxable. TFSA withdrawals are completely tax-free. RRIF withdrawals are taxable and grow larger with age due to rising mandatory minimums. Employment and non-registered income may taper off over time.

The sequencing of these sources — which you draw from first, when you start each, and how much you take from each — has a significant impact on your lifetime tax bill, OAS clawback exposure, and how long your savings last. This tool helps you visualize that picture so you can see where the gaps and overlaps are before meeting with a planner.