Canadian Retirement Plan — CPP • OAS • GIS • RRSP • TFSA

📊 Overview👤 Profile🇨🇦 Gov't Benefits🏦 Accounts💼 Other Income🧾 Expenses📈 Projection
Enter current balances and annual contributions for your registered and non-registered accounts. Projections assume consistent annual contributions until retirement (or until RRSP stop year). RRSP must be converted to RRIF by December 31 of the year you turn 71.
RRSP / RRIF
RRSP contribution room: 18% of previous year earned income, max $31,560 (2024). RRSP must convert to RRIF by Dec 31 of year you turn 71. RRIF requires minimum annual withdrawals.
Projected RRSP at retirement (base): $0
TFSA
TFSA annual limit: $7,000 (2024-2025). Cumulative room since 2009 could be up to $95,000. Withdrawals are tax-free and contribution room is restored the following year.
Projected TFSA at retirement (base): $0
LIRA (Locked-In Retirement Account)
LIRA comes from a former employer pension plan. No new contributions. Converted to LIF (Life Income Fund) at retirement (between age 55-71). LIF has minimum and maximum annual withdrawal limits.
Projected LIRA at retirement (base): $0
Non-Registered Investments
Non-registered investments have no contribution limits but capital gains and dividends are taxable annually. Useful once RRSP/TFSA rooms are maxed out.
Projected non-reg at retirement (base): $0
Summary at Retirement (Base Case)
RRSP / RRIF
$0
TFSA
$0
LIRA (Locked-In Retirement Account)
$0
Non-Registered
$0
Total
$0
📤 Sync to Planning

Push current RRSP/TFSA/LIRA/Non-Reg balances to the Planning module as individual assets. Synced entries are tagged and replaced on re-sync (no duplicates).

🏠 Home
Guest · English · Français · Русский