Retirement Planning Calculators

Retirement Planner
Model a personalized retirement income timeline, including savings, withdrawals, and government benefits to show whether clients are on track.

Will the Money Last?
Test if a retirement portfolio can support planned spending over time, accounting for inflation, returns, and longevity.

Capital Required
Calculate how much capital a client needs at retirement to fund a specific lifestyle, based on their income needs and time horizon.

Investment Withdrawals
Model different withdrawal strategies from registered and non-registered accounts to show tax impact and portfolio longevity.

CPP: Early or Late?
Compare the financial trade-offs of starting Canada Pension Plan (CPP) benefits early vs. delaying to age 70.

CPP & OAS Benefit Amounts
Estimate projected monthly benefits from CPP and Old Age Security (OAS) based on earnings history, age, and current entitlements.

OAS Clawback
Visualize how income affects OAS payments and identify strategies to reduce or avoid the pension recovery tax.

Commuted Pension
Help clients compare the lump-sum commuted value of a pension to the lifetime monthly pension income they’d receive.

RRIF Payment
Estimate required annual withdrawals from a Registered Retirement Income Fund (RRIF) and the tax implications of those withdrawals.

LIF Payment
Model the minimum and maximum withdrawals allowed from a Life Income Fund (LIF), including provincial limits.

RRSP Withdrawals
Explore the tax impact of withdrawing from an RRSP before or during retirement, including how it affects net income.

RRSP Withholding Taxes
Calculate the withholding tax on one-time RRSP withdrawals based on amount and province of residence.

RRSP vs TFSA
Compare long-term outcomes of saving in an RRSP versus a TFSA, including tax treatment at withdrawal.

RRSP Limit
Estimate current RRSP contribution room based on income, pension adjustments, and carryforward amounts.

TFSA Limit
Determine total TFSA contribution room based on age, past contributions, and annual indexation.

Tale of Two RRSPs
Compare the impact of two RRSP strategies—such as early vs. delayed withdrawals, or different contribution patterns—over time.

The Retirement Planner models accumulation and withdrawal strategies across four key account types:
RRSP · TFSA · Non-Registered · Money Purchase Plans

This helps clients visualize how their assets grow—and how they’ll be used to support retirement income. It’s a clear, engaging way to explore the sustainability of a retirement plan without overwhelming clients with tax assumptions or unnecessary complexity.

FreshPlan uses a before-tax approach to retirement income, which keeps the conversation focused and adaptable. For more advanced cases, advisors can layer in tax considerations separately.

A Smarter Way to Work
Choose from up to 20 optional supporting tables that detail:

• Annual investment growth
• Income sources
• Withdrawals and balances
• Account-specific projections

These can be included in client reports as needed—whether you’re providing a high-level overview or a full data breakdown.

Each retirement calculator is paired with client-friendly infographics that make it easier to explain key ideas. These visuals bring clarity to reports and support conversations around:

• Retirement income sources
• Contribution strategies
• Withdrawal timing
• Sustainability over time

FreshPlan’s tools are:

Snackable – Answer questions in minutes, not hours.
Stackable – Layer calculators to explore more complex needs.
Adaptable – Tailor the depth of analysis for each client and conversation.