Financial Planner

Year-by-year plan · DB pension · tax-efficient drawdown — Alberta, 2026 figures · today's $

Net Worth Over Time

Liquid assets + real estate − debt. Rises while you save, draws down in retirement. Set the return and plan on the Plan & Projection tab.

Where It Sits Today

This Year

Accounts

These are your base-year figures. The Plan tab projects them forward year-by-year (with growth) and lets you override any individual year.

Income (base year)

Expenses (base year)

Base-Year Summary & Forward Growth

Annual income
Annual expenses
Annual surplus

Income, Expenses & Surplus by Year

Every category is broken out by year. Cells auto-fill from the base-year figures above + the growth rates; type in any cell to override that single year (turns blue). Scroll sideways to see all categories; spans to retirement age (set on the Plan tab). Note: any expense named "Mortgage" is driven by the Debts table (rate/payment/balance) and automatically drops to $0 the year it's paid off — accelerated by lump sums — so the freed-up cash becomes surplus. Adjust the mortgage in the Debts table, not here.

Income by year

Expenses & surplus by year

Investment & Cash Accounts

AccountOwnerTypeBalanceReturn %

Assets (Property & Other)

AssetValueGrowth %

Debts

DebtBalanceRate %Mo. pmt

Mortgage Amortization

Red = balance with your current payment only. Green = with extra principal applied: the Plan tab "Extra debt" column plus any by-year expense row whose name contains "lump" or "prepay". Adjust rate/payment in the Debts table above.
Payment schedule by year (with extra/lump payments)

DB Pension in Net Worth

Defined Benefit Pension

Plan formula

Pension at 65 (annual)

Pension always starts at age 65.

Commuted Value (Net Worth)

Lower the discount rate (toward long-bond yields ~3–4%) to raise the value. Real plan commuted values use prescribed actuarial rates & mortality — this is an approximation.

Estimated values

Excluded from the projection chart to avoid double-counting once pension income is flowing; shown on the Net Worth snapshot only.

Plan Assumptions

Income, expenses & growth are set on the Base Income/Expenses tab. This tab distributes the resulting surplus.
Bulk slider sets every non-cash account's base return at once. Fine-tune each account — and override individual years — in "Return by Account" below.

Investment Returns

Per-account returns

Drag each account's base annual return. Then override specific years in the grid (e.g. a down year, or a conservative glide-path near retirement).
AccountBase return%
Return overrides by year

Contribution Defaults (per account, grows each year)

Set a base annual contribution + growth for each account. The grid below auto-fills; override any single year there.
AccountBase $/yrGrowth %

Allocate Each Year's Surplus

Positive = contribution into that account. Negative = a withdrawal out of it (e.g. RESP for tuition, or pulling TFSA to fund a mortgage lump / extra debt). Withdrawn money flows to "Left" (chequing) unless you direct it — e.g. enter −$20k in TFSA and +$20k in Extra debt to move TFSA to the mortgage. "Left" stays in chequing; red = over-allocated.

Net Worth Projection

Year-by-year totals

Each Account's Value by Year

Balance of every account at the start of each year, so you can see how contributions and returns grow each one over time. Scroll sideways for all accounts; headers stay pinned.

Drawdown Inputs

Withdrawal order: cash (chequing/savings, tax-free) first, then before 65 RRSP → RRIF/LIRA → crypto → non-registered → TFSA; 65+ non-registered → crypto → RRSP/RRIF → TFSA. Each year the model withdraws just enough (grossed up for tax + OAS clawback) so your after-tax income hits the target. RESP is not drawn (kids' education). DB pension/CPP/OAS start at their own ages. Home equity is not spent — it isn't part of "how long your money lasts."

How Long Your Money Lasts

Retirement Year-by-Year

Assumptions & 2026 figures used

Monte Carlo — Probability of Success

Runs many random market paths — each year's return is drawn from a bell curve centred on your before/after-retirement rates, with the spread you set (≈12% ≈ balanced portfolio, ≈16–18% ≈ mostly equities, ≈6–8% ≈ conservative). "Success" = your target after-tax income is funded every year to your plan-end age without running out of spendable money. This captures sequence-of-returns risk (a crash early in retirement hurts most).
Click "Run simulation" to see your probability of success.

Stress Tests

Specific "what if" shocks applied to your current plan — unlike Monte Carlo (random), these are fixed adverse scenarios so you can see each risk in isolation. "vs baseline" shows how many years earlier/later your money lasts.

Retirement Age Comparison

CPP / OAS Timing

Estate (liquid assets left at plan-end) and how long money lasts, for each CPP/OAS start age — at your current retirement age & target spend. Deferring usually leaves more, because guaranteed lifetime income is higher.

Return Sensitivity

How your plan holds up at different blended returns (applied to every account, including chequing & savings), at your current retirement age & target.

Scenarios

Snapshots your whole plan so you can compare options side by side. "Load" replaces your current inputs with that scenario.