Thanks for the reply.
So, I'm at least 7 years away form being able to retire (without owning any property) if I stayed in Toronto. The cost of living in Vancouver is at least $400-$500 a month higher, so that will sting much more with 70K than with 105K.
I don't think I'd be unhappy at the new job, I just think that I can't imagine being more satisfied with a company/job than the one I'm with. It's a vibrant, positive atmosphere with a lot of opportunity. But of course, there is a limit to how much one values this, and I'm trying to figure out if 105K is that threshold. I think I'd be a little less happy, but the substance of the work is almost the same and the atmosphere is a little more laissez-faire, which could be more easy going.
Job security is about the same in both. Both are near monopolies in their industries, but my current role looks way better on a resume if I decided/needed to look for work in the future.
The top of the salary range that I'm in right now is 96K before bonus, and I highly doubt they'd consider moving at all on principle (there are ten other people in the dept that make similar money to me that have been working for 10+ years). In this way, my best guess would be that I could get to 100K with bonus at a minimum of 4-5 years.
In this way, I'm saving roughly 30K (after tax) annually right now, and with the living cost adjustment in Vancouver I could comfortably get to 50K savings (after tax) with the new job, so I'd almost be saving at double the rate than I would be if I stayed (i.e. nearly cutting the time to retire in two).