The inflation rate used in this simulation is 2%.
The rate of return used in this simulation is 4.25%.
The calculations in this simulator are based on a marginal tax rate of 40%.
For the purposes of this simulation, the expected annual pension from the Canada Pension Plan (CPP) or the Québec Pension Plan (QPP) is calculated to start at retirement age (minimum age 60) and that the Old Age Security (OAS) pension is calculated to start at age 65.