How much total gross annual retirement income robert receive

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Reference no: EM132210952

Question - At age 65 Robert's

RRSP value = $900,527.30

Employer Pension value = $1,378,534.43.

Maximum CPP = $1,134.17/month

Maximum OAS = 600.85/month

How much total gross annual retirement income would Robert receive at his age 65 if you include his RRSP and pension income based on the 790 gross withdrawal and include OAS and CPP? Assume he would have been eligible for the maximum amount of OAS and CPP at age 65. Ignore OAS clawback.

Reference no: EM132210952

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