☕ This free calculator is for education and planning scenarios. It is not financial or tax advice.
☕ Support

Important Information

This calculator is for education and personal scenario testing only. It is not financial, investment, tax, accounting, or legal advice.

Results use simplified tax estimates, pension assumptions, debt calculations, and randomized market returns. Real-world results differ.

Retirement Money Plan Calculator

🇨🇦 Canada Mode

Test retirement income, household spending, investments, debt, survivor income, taxes, and estate goals in simple terms.

☕ Support
Money Left at the End C$0
Chance Plan Works — 10,000 randomized market paths
Plan Status — —
Estimated Lifetime Tax C$0
Loan Balance at End C$0

How Your Investment Accounts Change

Simple Explanation

Press Calculate to see your result.

Transparent Scenario Comparison

The calculator tests up to 10 understandable alternatives.

Rank Scenario Success Ending Assets Lifetime Tax Loan Interest Survivor Income Score

Year-by-Year Account Plan

This shows which account is used, the exact amount taken, taxes, loan activity, survivor years, and remaining balances.

Age Account Sequence Regular Draw Pre-Tax Draw Locked Draw Tax-Free Draw Total Draw Estimated Tax Outside Income Loan Payment Loan Interest Loan Balance Life Stage Regular Balance Pre-Tax Balance Locked Balance Tax-Free Balance Total Balance

Household: If spouse mode is selected, one combined portfolio is used. Pension amounts are entered separately for both people.

Annual expense target: The annual retirement expense target is the household spending amount the plan attempts to fund. Loan payments are added to that target during years when payments are scheduled. After the selected first-death age, spending is reduced according to the survivor percentage.

Survivor: At the selected first-death age, household spending falls to the selected survivor percentage and pension income continues at the selected survivor percentage. These percentages can be changed.

Registered rollover: Registered accounts remain in the household portfolio as a simplified spouse-rollover assumption when this option is selected. Actual Canada and USA rollover rules depend on the account, beneficiary, jurisdiction, and legal documents.

Canada tax: Canada mode uses a simplified Canada-wide tax percentage. It does not use the USA state-tax field. It does not calculate exact federal and provincial brackets, credits, capital gains, dividend credits, CPP, OAS, pension splitting, or OAS recovery tax.

USA tax: USA mode uses the entered simplified federal estimate plus the entered state tax percentage. It does not calculate exact federal brackets, deductions, credits, capital-gains rules, Social Security taxation, Medicare premiums, or every state rule.

Canada withdrawal rules: Canada mode uses a simplified RRIF/LIF minimum-withdrawal estimate. An RRSP must be converted or otherwise dealt with by December 31 of the year the owner turns 71; the first RRIF minimum is due the following year (age 72 in this model). LIF maximums and provincial unlocking rules are not modeled. Actual RRSP, RRIF, LIRA, and LIF rules can differ.

USA withdrawal rules: USA mode uses an estimated traditional-account required minimum distribution beginning age based on birth-year rules. Traditional IRA, 401(k), inherited-account, employer-plan, and beneficiary rules can differ.

Investments: Stocks, bonds, and cash use separate return assumptions. The glide path gradually lowers stock exposure as age increases. This is an assumption, not a recommendation.

Optimizer: The scenario comparison is transparent mathematical testing. It is not an unexplained AI prediction.

Download: The password is free. This is only a browser-side gate and is not secure against code inspection.