Not if you live in Toronto or Vancouver and keep your house and property taxes.  

Few have a $1 million RSP accounts.  If you are one of the lucky ones and you and your spouse expect to live another 20 years or more, you end up at about $30,000 after tax.  For many half of that is property, utility, heating and telecom taxes and costs.  So are you telling me a doctor or equivalent should expect in the future to live off $1,200 per month after housing costs and before a car and insurance?