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Retirement

Preparation & Planning

 

Timing

For most people, choosing when to retire will be based largely on their financial resources and ability to support their chosen lifestyle with those resources.

Ask yourself:

  • are you contemplating early retirement - perhaps as early as 55 or 60 - or are you planning to work for as long as you can - up to age 70 in some jurisdictions?
  • when, if applicable, does your spouse or partner plan to retire?
  • are you committed to this date or are you flexible?
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Timing

Take Action
  Contact a personal banker
  Purchase and manage your RBC Royal Bank RRSPs online

Tools
  Future Value Calculator
  Net Worth Worksheet
  Annual Retirement Income Worksheet
  Annual Retirement Expense Worksheet
  Minimum Annual Income Calculator

Related Links
  RRSPs
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Learn More
  Travel Essentials
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03/09/2005 18:37:14