For internal advisor use only. This is a planning illustration, not tax or investment advice.
LW
Leading WealthMANAGEMENT
Retirement Scenario Planner · what-if planning for AB / BC / ON households
Demo mode · changes are not saved
LWLEADING WEALTH MANAGEMENT
Retirement Scenario Plan
Prepared for Client ·
Provide your household details
Household
Primary contact
Spouse / partner
Select the goals this plan is built around
Goals
Tap the goals that matter to this household. Selected goals set the targets the plan is measured against.
Targets
Legacy and cash-reserve targets are compared against the projection on the Plan step. A major expense is modelled through the one-time expense on the Retirement expenses step.
Share the household’s income
Incomes
Employment and business income only. Investment income is calculated from the accounts you enter — do not add it here.
You
Spouse / partner
Enter government and employer pension details
Pensions & benefits
You
CPP start age65
OAS start age65
Spouse / partner
CPP start age65
OAS start age65
Capture account and savings details
Accounts
You
Spouse / partner
Joint
FHSA is modelled with the tax-free bucket; group RRSP, DPSP, DC and spousal balances are modelled with the RRSP bucket. RESP is held aside for education and is not drawn on for retirement spending.
Describe property and business assets
Assets
Principal residence
Other property
Grows at the same rate as the home and is held to the end of the plan — it is never sold to fund spending.
Business
Provide credit, loan and liability details
Liabilities
Mortgage
Other debt — line of credit, cards, loans
Both debts are amortized from the payment and rate you enter, reduce net worth while outstanding, and are cleared from the proceeds if the home is sold.
Provide life insurance details
Insurance
You
Spouse / partner
Term-style cover: the benefit is paid tax-free into the estate only if the policy is still in force at death. Cash value is not modelled.
Enter retirement spending and one-off events
Retirement expenses
Retirement spending (today’s $, after-tax)$90,000
Windfalls & one-time expenses
Indicate the plan’s preferences
Preferences
These record which levers this household is willing to pull. They do not change the projection on their own — they tell you which what-if scenarios are worth putting in front of them.
Willingness to…
Experience short-term pain for long-term gain
NotVery
Save the tax refund rather than spend it
NotVery
Reduce spending
NotVery
Downsize the home
NotVery
Additional saving
Additional savings are added to the joint non-registered contribution each working year.
Indicate the investment risk preference
Risk tolerance
Fine tune
Expected return5.5%
Quick scenarios — what happens if…
Tap to toggle. Stack several. The plan below updates live and shows the hit vs your baseline.
Timing decisions
🏖️ Retire 3 yrs earlier
💼 Retire 3 yrs later
⚡ Take CPP at 60
⏳ Delay CPP to 70
Spending & family
📈 Go-go / slow-go / no-go curve
🎁 Gift $50k at
🎁 Gift $100k
💸 Unexpected −$30k at
Stress tests
📉 Market −20% in year
🏠 Sell home & rent at
⚰️ Spouse passes at
Impact vs your baseline
Plan success
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Estate @ end
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Lifetime tax
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Plan success
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Monte Carlo · 600 runs
Estate @ end
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net worth
Nest egg @ retirement
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Lifetime tax
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both returns, all years
Your CPP timing — same plan, three start ages
Click a card to set Person A's CPP age. Household lifetime CPP + estate at plan end (baseline).
Net worth over time
Registered (RRSP/RRIF + LIRA/LIF) + TFSA + non-registered + home equity (net of mortgage). Dashed = first retirement.
Each bar = one household year of retirement, stacked by source.
CPPOASRegistered (RRIF/LIF)Non-registeredTFSA
Estate tax obligation — running exposure
If the last surviving spouse died in a given year, the income tax the estate would owe — mainly the deemed disposition of registered accounts (RRSP/RRIF + LIRA/LIF), plus non-registered gains and any business. The shaded band is ages 60–70, where large registered balances create the biggest exposure before draw-down.
Estate tax owing if death this yearAges 60–70 exposure window
Recommended withdrawal plan — stay in the lowest bracket
Each retirement year: where the after-tax spending should come from to keep taxable income low. The engine fills cheap tax-bracket room from registered accounts (up to your target), then draws tax-free from TFSA, then non-registered — pushing into higher brackets only when unavoidable.