I will be 65 in 2038 and cannot imagine how expensive living in Toronto will be by then. Do you think a million dollars will be enough to live on with CPP and OAS? Probably will sell the condo and just rent. Will have a meagre company pension but thankful I have a pension of some sorts. BTW I'm using the million dollar scenario as quite a few articles use this amount as a safe number to retire on. But that's still 18 years away for me and can imagine that million will be worth like 600K or less living in Toronto.