Canadians think they need $1.7 million to retire, but I want to explain why that number can actually be dangerous to fixate on. In this video, I walk you through exactly how to calculate your own personal retirement number, using a step-by-step example and a simple spreadsheet calculator. We cover how to estimate your retirement spending, account for taxes and inflation, factor in CPP and OAS benefits, and arrive at the nest egg you'll actually need. Whether you're just starting out or already saving, this will help you stop guessing and start planning with real numbers.

📖 CHAPTERS
00:00 - $1.7 Million to Retire - Are We All Screwed?
01:32 - Intro
01:59 - Start with Your Spending
03:59 - Taxes
04:57 - Benefits
07:36 - Shortfall
07:52 - Last Step - The Nest Egg
08:23 - Simple Calculation
09:30 - Work with a Planner
10:13 - Knowledge Is the Light - Start Planning Now

📌 RESOURCES I MENTIONED
BMO survey newsroom.bmo.com/2026-02-24-BMO-Survey-Canadians-S…
CPP average benefit amounts www.canada.ca/en/services/benefits/publicpensions/…
OAS benefit amounts www.canada.ca/en/services/benefits/publicpensions/…
Sun Life retirement calculator www.sunlife.ca/en/tools-and-resources/tools-and-ca…
Wealthsimple retirement calculator www.wealthsimple.com/en-ca/tool/retirement-calcula…
Adviice (Use coupon code MOORHOUSE2026 to get $5 off) adviice.ca/
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📺 WATCH NEXT
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