Retiring in Canada

[chella99]

I wish to know how much will be the corpus (investment level) required to live in Canada, assuming that one owns a house already without a mortgage obligation and a monthly income of CAD 3,500 for a couple.

Detailed views are welcome.

thanks

 

[Investocrat]

For some info on the retirement Income system in Canada, here is a resource:

https://www.savvynewcanadians.com/a-complete-guide-to-canadas-retirement-income-system/

 

[canuck78]

Do you have citizenship or PR?

 

[chella99]

I am a PR but now working outside the country.

 

[steaky]

I am a PR but now working outside the country.

Is the house in Canada?

 

[chella99]

YES

 

[steaky]

Is that net income (after property taxes, maintenance, etc)

 

[vivek901]

I have done some calculations. I am going to share that in my blog and my channel. Based on , calculations one will need 2500$ monthly provided mortgage is paid off