Canadian Corporate Retirement Planner

Dollar amounts: enter spending, rent, property tax and sale proceeds in today's dollars and the plan inflates them for you. Balances are today's values. Yearly contributions and employment income stay flat (they are not inflated). CPP and OAS are today's-dollar amounts at 65; a pension is the amount on your pension statement at its start age.

Note: change inputs, then click Run. Defaults provided for Alberta example.

Income received arrives without touching your accounts; Withdrawn from shows where the rest of the spending money comes from, and Total Withdrawn adds those up. Paid to you as splits the corporation’s payout by type: the capital dividend (including the CDA credit used for spending) is tax-free, so it counts toward spending but adds no personal tax, and only the eligible and non-eligible dividends drive Div Tax; a Melt-Down Draw is included in the split but not in From Corp Dividend. Income Tax = tax on CPP/OAS/pension/RRSP withdrawals/interest · Div Tax = tax on eligible dividends after gross-up & dividend tax credit · CG Tax = tax on realized Non-Reg capital gains · Net Income = after-tax income minus the fixed expenses only, so it is not the answer to “am I short?”; that is the Gaps tab (after-tax income vs the full spending need). Total Tax is the sum of the three tax columns; OAS recovery tax (see Tax Details) and tax on pre-retirement RRSP withdrawals are added in the Dashboard's Total Tax Paid.

Year-end balances only. What is withdrawn from each account is in the table above.

Dividend/interest income received, the corporate tax on it (tax on interest, Part IV tax, less any RDTOH refund), and GRIP/eRDTOH/nRDTOH build-up on the corporation's holdings, plus any Pre-Retirement Corporate Dividend draw (Inputs tab) — taxed through the same waterfall as a post-retirement draw, with net-of-tax proceeds reinvested in the Non-Registered account.

Corporate market value across the whole plan — accumulation and retirement in one view, the same way the personal accounts' combined chart works.

Cash drawn from the corporation each year, paid out tax-free first (capital dividend, from the Capital Dividend Account), then as an eligible dividend (from GRIP, refunding RDTOH to the corporation) — see the Inputs tab's Private Corporation section for what this simplifies. Columns are grouped: cash drawn, how it is paid to you, gifts of shares, the tax pools at year-end (CDA, GRIP, RDTOH), then each income source beside its tax. CDA Credit Added is the untaxed gain on the shares given away that year; Capital Dividend Paid is what is paid out of the CDA; the CDA column shows what is left. Net Corporate Tax = tax on Savings/GIC/Bond interest + Part IV tax + tax on share gains, less the RDTOH refund paid back when the corporation pays a dividend (and less any tax saved by the charitable deduction). It is separate from — and not included in — the personal tax figures on the Distribution tab. Tap or click any heading for its definition.

Applies to the RRSP and corporate melt-down optimizers on this tab (they move money between accounts; the harvests stay inside one account and use your own rates). Each account can have its own rate of return, so moving money between accounts would "earn" the difference in rates. Ticked, the optimizers compare plans with every account at the same return (the average of your rates, weighted by balance), so the answer reflects tax and timing. Unticked, they use your own rate for each account. Your plan always uses your own rates.

Each simulated year applies one market result to all your accounts together. The result is how many of the simulated histories run out of money, not the chance this plan fails.