Get a Start on Retirement Planning

Don’t let retirement planning get you down. We’re here to help take the stress out of retirement planning so that you can start retirement dreaming.

OPB has the tools and resources available to members to help with the financial part of retirement planning. Our comprehensive and enhanced Retirement Planner builds on pension estimates from your Annual Pension Statement (APS) or the Pension Estimator. Together with your other sources of income and savings (Canada Pension Plan and Old Age Security, RRSPs, and TFSAs), the planner provides you with a detailed year-by-year projection of your total estimated retirement income both before and after tax.

Our Retirement Planner is an incredibly useful tool that can help you picture exactly how to achieve the retirement life you want and deserve. Log in to e-services(opens in a new tab) to create your plan.

Before you start

For an efficient planning experience, we recommend that you collect the information below for you and your spouse (if applicable) before you start.

• Personal information – Your date of birth, expected retirement date, and the province you plan to live in during retirement
• Income – Your current gross income (before tax) and net income (after tax)
• Savings – Statements or estimates from your financial institution(s), including OPB. Include your PSPP estimate, any other Defined Benefit pension you may have, government pensions, such as Canada Pension Plan (CPP), Registered Retirement Savings Plan (RRSP), Locked-In Retirement Account (LIRA), Tax Free Savings Account (TFSA) and general personal savings or investment accounts that you plan to use for retirement income.
• Expenses – Your total cost of living including contributions to savings and investments