Sun Life Pension Calculator (Canada)
Estimate your potential retirement savings and income from common Sun Life-related pension options.
Choose to project a savings plan or estimate annuity income.
DC Plan / Group RRSP Details
Your current savings in the plan.
Your annual contribution to the plan.
Your employer’s annual contribution (if applicable).
Adjust these values to reflect your specific plan details or financial outlook.
DC Plan / Group RRSP Specific
Average annual growth of your investments.
How much employee/employer contributions might increase each year.
The percentage of your balance you plan to withdraw annually in retirement (e.g., 4% rule).
Annuity Specific
The percentage of your lump sum paid out annually. This implicitly includes interest and mortality factors.
Factor for how a guarantee period (e.g., 10 years) might reduce payout (e.g., 0.95 for 5% reduction).
Factor for how a joint & survivor option might reduce payout (e.g., 0.88 for 12% reduction).
General Assumptions
For estimating the purchasing power of future income.