TD Canada Trust

Your Retirement Strategy is a personalized, easy-to-use retirement plan. Simply complete the 12 questions and press the 'calculate' button; we will advise you of the savings amount required to meet your retirement goal.

Once you complete the questionnaire you may:

  • Change any of your answers to produce a different outcome by completing a second or third plan.
  • View your plan online (Adobe Acrobat required). 
  • Click here to download 

All fields are mandatory in order to prepare a complete Your Retirement Strategy plan.
 

   Determine Your Retirement Goals  
    The following questions will help you define your goals.  
    1. What is your total personal annual income
before taxes?   $ per annum		  
    2. It is suggested you should base your retirement income needs on 60 - 80% of your current personal annual income before tax, as stated in question 1. If you anticipate your income will increase in the future, it is recommended you revise your retirement plan when your income changes.

What is the annual income before taxes you would like to have during retirement in today's dollars?
$ per annum		  
    3. You would like to retire at what age?  
    4. What is your date of birth?
(mm/dd/yyyy)
 		  

   Determine Your Retirement Income Sources  
    Next you need to determine how much income you can expect to receive and from
  what sources. Your retirement income will likely come from a combination of these
  three main sources:

  Government Benefits

 
    5. Do you wish to include government benefits in your retirement plan?
   Yes No

To be conservative, your plan will assume you will receive 50% of the maximum government benefits at age 65, i.e., Canada Pension Plan (CPP) and Old Age Security (OAS). You can elect not to include these benefits by indicating "No."

If you are not a member of a company pension
plan, proceed to question 7.

 
   
  Company Pension Plans		  
       
If you are unsure about the details of your plan(s), we recommend you refer to your pension statement or contact your company's pension plan administrator. Alternatively, you can elect to provide an estimate.

 
    6. a) If you are a member of a defined benefit pension plan, how much do you expect to receive at your desired retirement date in today's dollars?
$     per month    per annum

If you plan to retire before your plan's Normal Retirement Age, be aware that a reduction in pension amount may apply.

b) If you are a member of a defined contribution pension plan what is the current value of your plan and your total monthly contribution (both your
contribution and your employer's)?

Current Value  
$ 		Total Monthly Contribution
$ per month

  
    Personal Retirement Savings
 		  
    7. What is the current value of your total personal Registered Savings Plan (RSP) investments held in your name? Include the value of Spousal, Locked-In, and/or Group RSP(s). Please include the current value of RSPs held at all financial institutions. This would include Spousal RSPs where
you are the planholder not the contributor.

Total Personal RSP(s): $ Current Value
 

 

   Determine Your Investor Profile  
    The following questions will assist us in determining your Investor Profile so that
  we can provide you with an investment strategy.

 
    8. Which of the following statements most clearly defines your retirement investment objectives?

Please choose one of the following:
A. I want to ensure my capital is safe and I do not need income at this time.
B. I require a steady stream of income from my investments.
C. I have some need of income, but am also interested in capital growth.
D. I would like long-term growth and I am less concerned about income at this time.
E. I am only interested in growth over the long run.

  
 
    9. Your current investments are best described as follows:

Please choose one of the following:

A. Little or no investment experience.
B. Mostly T-bills, GICs or Term Deposits.
C. Mostly bonds, strips or income mutual funds.
D. A mix of money market, bond and stock investments and/or mutual funds.
E. Mostly stock or stock mutual funds.

  
   10.  Investments with higher returns typically involve greater risk. This question asks you to consider this aspect in your selection of a $10,000 hypothetical investment with widely varying potential risk/rewards. Which outcome would you be most comfortable with?

Please choose one of the following:

A.
Value of Investments after 5 years
B.
C.
D.

 
   11.  You respond to fluctuations in your investments in the following manner:

Please choose one of the following:
A. I will sell quickly any time my investment loses value or money.
B. Day-to-day market movements make me uncomfortable. If an investment loses value over a 3 to 6 month period, I am likely to sell it and look for a better alternative.
C. I realize that markets may rise and fall randomly. I usually watch my investments for at least a year before making changes.
D. I believe that a long-term investment strategy will maximize potential returns. Even if poor market conditions resulted in sizable losses in a given year, I would stay invested.

  
   12.  The current value of your total RSP and non-registered investment portfolio, including investments held at other institutions (i.e. mutual funds, stocks, bonds, GICs, money market investments, savings/chequing accounts), but excluding real estate is:

Please choose one of the following:
A. Under $25,000
B. $25,000 - $49,999
C. $50,000 - $99,999
D. $100,000 - $250,000
E. Over $250,000

 

 
   Calculate Your Retirement Savings Goal