Features of the Canadian Retirement Planner's (CRP) Software

The Software can deal with all aspects of your financial situation including:

• Spouse/Partner Allocations - Allocate assets and pension incomes between spouses, prepare separate income projections, and income tax calculations, and use an integrated strategy for investment assets.
• Income Taxes - With progressive tax rates in Canada and taxation of all proceeds from an RRSP, the tax burden is a critical consideration in retirement planning.
• Pension Income Splitting - Calculate the amount of pension income to split between spouses/partners to minimize their income taxes and preserve Old Age Security.
• Inflation and Indexing - Enables you to specify inflation and indexation rates and calculates their impact. The impact of inflation on retirement planning is frightening. 
• Income Projections - Prepare projections of retirement income based upon current savings or additional savings required in an RRSP, TFSA, or as tax-paid capital.
• Sustainable Income Levels - Determine the maximum sustainable income level. “How much can I afford to spend?” 
• Tax-Free Savings Accounts - Determine contribution room, carry-forwards, and appropriate drawdowns of funds.
• RRSP Savings Plan - Determine earned income, pension adjustments, maximum RRSP contributions, RRSP carry-forwards, and appropriate use of Spousal RRSPs.
• Locked-in Funds - Calculate minimum and maximum withdrawals from Life Income Funds and specify age at which to start drawing maximum from funds.
• Fully Supported - Updated at least twice yearly to incorporate changes in the Income Tax Act and to add features requested by users. Ongoing technical support is just an email away!
• Audit Trails – Audit report show you the year-by-year accumulations and use of savings to provide retirement funds.

and Much More... Providing you peace of mind that you are getting the best advice for your situation.