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70-105 ( with 105 being on high end for someone who is up for a promotion )
Take 2500 for condo ( 1br, hydro , cable etc ), another 500-700 for other expenses and grocery.
Ball park number of 3000 in living expenses .
70k will give a take home of around 4200.
So around 1200-2000 in savings depending upon how much you make.
Thanks SM1 very insightful. I am trying to see if i can use some of the online calculators to calculate take home, but they all seem to be different. Whats an average % of overall tax (incl for healthcare) that i can consider? And i know this one depends but whats a good % of RRSP contribution to consider?
Use below tool .
https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/payroll-deductions-online-calculator.html
I personally haven’t contributed even a dollar to rrsp so I am not the best person to answer this .