EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca


. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Sunday, July 17, 2005

Rough 'N' Ready Pension Calculator

This little pension calculator might be of interest to Canadian readers who are considering retirement within the next ten years or so [thanks to BenS for the link].

It spits out expected income from Old Age Security [OAS], Canadian Pension Plan[CPP], Employee Pension Plan, and Registered Retirement Savings Plan [RRSP] sources, all in current dollars, with some flexibility for you to specify expected interest rates.

It is pretty basic, but it is also quite helpful for people like me who assert we are rationally ignorant about the finer points of retirement planning.
 
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