2%
General inflation
How fast everyday prices rise each year in the plan — the central bank’s published target.
FIRE Planner · FIRE calculator for Canada
A FIRE calculator for Canada: RRSP, TFSA, CPP and OAS in one projectionRRSP · RRIF · TFSA · CPP · OAS · defined benefit pension · defined contribution pension · 4% rule
Nivritee’s FIRE Planner projects when your household could stop working, in Canadian dollars, with Canadian inflation and your RRSP, TFSA and workplace pension pre-filled as rows. It is free: eight answers after sign-up, about two minutes.
Your Location
| Country | Currency | Inflation | Medical |
|---|---|---|---|
| India | INR | 4.0% | 12.0% |
| United Kingdom | GBP | 2.0% | 8.2% |
| Singapore | SGD | 2.0% | 11.0% |
| United States | USD | 2.0% | 9.2% |
Eleven countries. Every rate shown, every rate yours to change.
FIRE Planner · your FI number in CAD
Your FI number at a 4% withdrawal rate, and how you compare.
Your FI number is a year of the life you plan after you stop working, divided by the 4% withdrawal rate the planner uses for Canada, with tax on withdrawals allowed for, your goals added and income that keeps paying netted off. It is projected in CAD (C$), with a Financial Freedom Index out of 100 beside it.
Your peer percentile compares your household’s net worth with households of your age in the Statistics Canada Survey of Financial Security, aged forward from its survey year.
How the FIRE Planner works →Financial freedom index
51Building momentum
- Progress 50% of the score 21What you have, against the number this plan says you need.
- Trajectory 30% of the score 100The age the projection actually reaches independence at.
- Resilience 20% of the score 50Emergency cover and how much debt you are carrying.
An illustrative household. Your own score is computed from your plan and stored, not estimated.
Canada · the rates your plan starts from
The Canada rates every plan projects with.
A plan for Canada starts from these, in CAD. Each one is shown on your plan and yours to change, and changing one changes nobody else’s.
4%
Education inflation
School and university fees, which rise faster than everyday prices.
9.2%
Medical inflation
Healthcare costs, which rise faster than everyday prices in almost every market.
7%
Return while you work
An assumption, not a forecast — shown so you can change it.
4.5%
Return after you stop
Lower, because money being drawn on is usually held more cautiously.
4%
Withdrawal rate
What your FI number assumes you draw from your savings in a year.
Portfolio Tracker · Canada schemes in one plan
RRSP, TFSA, Employer pension (DB / DC) — rows in your plan from the start.
- RRSP — Registered Retirement Savings Plan: contributions cut taxable income now; withdrawals are taxed later.
- TFSA — Tax-Free Savings Account: no deduction going in, but growth and withdrawals are tax-free.
- Employer pension (DB / DC) — Workplace pension: a defined benefit promises an income, a defined contribution plan builds a pot.
Each is a row in your plan, under its own name, beside your stocks, funds and deposits in any other country — all converted into one currency in the Portfolio Tracker.
How the Portfolio Tracker works →
Canada · when the money can be reached
When pensions and schemes can be reached.
The ages that decide how a FIRE plan bridges the years after the salary stops.
Access age 1
The CPP retirement pension can start at any age from 60 to 70; each month before 65 reduces it by 0.6%, up to 36% at 60.
Access age 2
OAS starts no earlier than 65 and needs at least 10 years in Canada after age 18; a full pension needs 40.
Access age 3
An RRSP must mature by the end of the year you turn 71; withdrawals before then are allowed, with tax withheld.
FIRE Planner · Canada
What your Canada FIRE plan has to get right.
TFSA money can be withdrawn tax-free at any age, and what you take out is added back to your contribution room on 1 January of the next year — which makes it the natural account for the years before CPP and OAS.
Starting CPP at 60 rather than 65 costs 36% of the pension for life. Add the amount you expect as income that continues after you stop working, and Nivritee’s FI number nets it off what your savings must cover.
Living abroad changes OAS: paid outside Canada, it needs 20 years of residence after age 18 rather than 10. Nivritee can project a move to another of its eleven markets, with costs there inflating at that country’s own rates.
Your peer percentile compares your household’s net worth with Canadian households of your age in Statistics Canada’s Survey of Financial Security, aged forward from its survey year.
Why Nivritee for Canada
The FIRE Planner, joined to everything else your household runs.
Your Canada plan reads the same figures as the other five pillars — what you hold, earn, spend and owe, in whichever countries they are in.
Portfolio Tracker
Multi-currency portfolio and net-worth tracker
Stocks, funds and deposits from every country you invest in, valued daily in one home currency, with your real return (XIRR).
Portfolio Tracker →Money Manager
Personal finance for income, spending, loans and goals
What you earn, spend and owe, benchmarked against your country, your city and each kind of inflation.
Money Manager →Family Finance
Family finance for couples, with sharing you control
Plan as a couple with your own logins, choose what each of you sees, and give your CA or lawyer read-only access.
Family Finance →Niv
Free AI financial assistant
Analyses your portfolio, spending, buckets and plan, runs what-ifs on the real projection, and explains. You decide.
Niv →Freedom Ladder
A four-bucket strategy for your money
Survival, Sustenance, Sufficiency, Surplus: how much belongs in each bucket, and whether it is in something that bucket can use.
Freedom Ladder →What only Nivritee does
A FIRE calculator that knows what you already hold.
FIRE calculators start from a figure you type. The FIRE Planner starts from everything your household holds, in every country, in one currency — and plans for both of you.
Every country, one currency
Indian mutual funds, US stocks, a UK fund and a Gulf deposit in one household figure, converted daily into your home currency.
Tracking and planning, joined up
What you hold today feeds the projection of when you could stop. Portfolio trackers do not plan; FIRE calculators do not track.
Built for a family, not one login
Two people, one plan, each choosing what the other sees — and your CA or lawyer sees exactly what you share, read-only.
Benchmarked against your country
Eleven markets’ inflation, schemes and household surveys, so your spending and your percentile are measured where you live.
An assistant that runs the real numbers
Ask Niv a what-if and she runs it on your own projection and reports both figures — she never guesses at arithmetic.
Free, with nothing to sell
No fee, no commissions, no products. Nobody at Nivritee can open your plan.
FIRE calculator Canada · questions
FIRE in Canada: questions people ask.
How much do I need to retire early in Canada?
The common rule of thumb is 25 times a year’s spending: a 4% first-year withdrawal, raised with inflation, lasted at least 30 years through US market history in William Bengen’s 1994 study. Nivritee’s FI number uses a 4% withdrawal rate on your own spending, allows for tax on withdrawals, adds your goals and nets off CPP, OAS or a pension that keeps paying.
When can I start CPP and OAS?
CPP from 60 to 70, reduced by 0.6% for each month before 65. OAS from 65, with at least 10 years of residence in Canada after age 18.
Can I withdraw from my RRSP before I turn 65?
Yes. Withdrawals are allowed at any age but are taxed, with tax withheld when you take them, and the RRSP must mature by the end of the year you turn 71. TFSA withdrawals are tax-free.
Is there a free FIRE calculator for Canada?
Yes. Nivritee’s FIRE Planner is free, with no paid tier. Once you have an account it asks eight questions — about two minutes — and projects your plan year by year in Canadian dollars with Canadian inflation and your RRSP, TFSA and pension. You get your FI number, a 0–100 Financial Freedom Index, eight stress tests and how you compare with Canadian households of your age.
Find your FI number for Canada.
About two minutes to a first answer from eight figures, then add your holdings, your partner and the detail at your own pace. Free, no bank login, and nobody at Nivritee can open your plan.
Start free