Disclaimer: This calculator is basic and for illustrative/entertainment purposes. I have tried to make it accurate, but there is no warranty. The tax calculators are only estimators. Some provinces have special nuances to the tax structure - particularly PQ. I am not a financial professional and do not sell any stocks, bonds, or funds. I do not provide specific financial advice. There are no explicit or implicit recommendations. This calculator is intended to help investors who ultimately make their own decisions. You should do your own due diligence and consult experts as needed for your own situation. You are responsible for your own investing decisions and will not sue Loonie Doctor or anyone associated with us.  
   
   
   
   
   
   
   
   
           
   
   
           
  You must agree to the terms of use for the navigation tabs to appear at the top.  
   
           
   
           
           
  Current Investment Account Balances          
  Existing Corporate Investments   Province
   
  Unrealized Capital Gain In Corp          
  Existing RRSP Investments   Current Age    
  Existing TFSA Investments          
        Under 3 Full-Time Employees Including Owners
 
         
               
  Corporate Income  
      Corp Div Only Corp Div & TFSA Corp & RRSP Corp RRSP TFSA  
  Corp Gross Active Income  
  Salary & CPP Employer Contribution  $                                      -    
  Net Corp Active Income  
  Aggregate Investment Income Corporate GRIP Corporate GRIP  
  Corp Tax On Active Income  
  Annual Retained Corp Earnings To Invest  
  Passive Income Limit  
  Years Until Over Passive Income Limit  
  Baseline SBD Threshold Corp Interest or Foreign Dividend Tax Rate  
  SBD Active Income Tax Rate Corp Eligible Dividend Tax Rate  
  Prov SBD & Fed Gen (ON/NB)* Corp Capital Gains Tax Rate  
  Gen Corp Active Inc Tax Rate *ON & NB will not mirror the Federal Passive Income Limit Tax change. Provincial SBD is retained.  
               
  Personal Income & Cashflow  
  Base Income During Accumulation Salary Dividends (from Corporation)  
  Note: It will be adjusted based on the strategy used.      
      Corp Div Only Corp Div & TFSA Corp & RRSP Corp RRSP TFSA  
  Salary  $                                      -    
  RRSP Contribution/Deduction  $                                      -    $                                      -    
  TFSA Contribution  $                                      -    $                               6,000  $                                      -    $                               6,000  
  Eligible Dividends (from Corp GRIP)  
  Non-eligible Dividends (from Corp)  
  Total Dividends Dispensed From Corp  
  Income Tax  
  CPP Employee Contribution  $                                      -    
  Cashflow After Tax & Contributions  
  Manually Fine-Tune Dividends To Make  
  After-Tax Cashflow Within $250 of Target  
  Target Cashflow  
  Top Marginal Rate (Income)  
  Top Marginal Rate (Eligible Dividends)  
  Top Marginal Rate (Non-Eligible Dividends)  
               
       
  Do you want to simply put a stock:bonds ratio and have stocks distributed as 1/3 Canadian & 2/3 Foreign or set your own custom allocations?  
   
 
 
       
  Conservative Aggressive  
 
 
       
  Bonds Stocks  
   
       
  Canadian Equity  
  US Equity  
  Non-North America Developed Markets  
  Emerging Markets  
  Bonds  
       
  Step 3: Enter them below & make sure adds up to 100%  
  Canadian Equity  
  US Equity  
  Int'l (Non-North America) Developed Markets  
  Emerging Markets  
  REITS  
  Preferred Shares  
  Bonds  
  Total  
       
           
  Projected Annual Return Of Different Asset Classes  
  This is just a guess!!!  
  Asset Class Interest or Dividends (Before FWT &  Fund MER) Annual Capital Gain Inflation-Adjusted Real Return  
  Canadian Equity  
  US Equity  
  Non-North America Developed Markets  
  Emerging Markets  
  REITS  
  Preferred Shares  
  Bonds  
  Annual Return Weighted by Allocation  
           
  Portfolio Management Structure*
 
  Fees For Funds Used*
 
    Annual Total MER Drag  
  Annual Inflation-Adjusted Return After Fees*  
*Calculated using the ETFs from Robocorp or a generous estimate for mutual funds. Trading fees or the occassional fee-only advisor considered negligible in the big picture.
Active and passive funds are considered to return the market return minus MER. Management expenses are deducted against investment income in taxed accounts.
           
  Proportion of capital gains realized annually by selling to rebalance
   
     
           
  Projected Annual CPP "Nominal Return on Investment"
   
     
  CPP Inflation-Adjusted Real Return    
           
  Projected Inflation (To Adjust Returns To "Current Dollars")
   
     
           
                           
  Inflation-Adjusted Total Portfolio Value ('000s) By Strategy During Accumulation  
  Age Age Corp Hit Passive Income Limit Cumulative Years RDTOH Not Fully Released  
  Corp Dividends  
  Corp Div & TFSA  
  Corp RRSP CPP  
  Corp RRSP TFSA CPP  
                           
 
   
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
 
   
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
                           
 
   
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
                           
             
  Retirement Age
"Safe" Withrawal Rate
 
  Age Collecting CPP
 
  Projected Death Age
Historical >95% success based on 50:50 portfolio, retirement duration, and fee drag.  
         
        Data Source (PWL Capital Article)  
  "Safe" Withrawal Rate        
  "Safe" Withrawal Rate        
             
  Pre-Tax Account Balances At Retirement Year  
    Corp Div Only Corp Div & TFSA Corp & RRSP Corp RRSP TFSA  
  Corp Account  
  Accrued nRDTOH  
  Accrued eRDTOH  
  RRSP  
  TFSA  
  TOTAL  
             
  Notional Accounts For Corp Income Distribution  
  Accrued CDA  
  New nRDOTH/yr  
  New eRDTOH/yr  
             
  Annual Income (Drawing Equal Percentage From Each Account Type)  
  Corp Eligible Dividends  
  Corp Ineligible Dividends  
  Corp Capital Dividends  
  RRSP Withdrawal  
  TFSA Withdrawal  
  CPP/Enhanced CPP Benefit  
  Pre-Tax Income  
  Income Tax  
  Post-Tax Income  
             
  CPP & Enhanced CPP Guestimator  
    Corp Div Only Corp Div & TFSA Corp & RRSP Corp RRSP & TFSA  
  Raw No. of Contributatory Years  
  Allowed Drop-Out Years  
  Adjusted Contributory Years  
  Unadjusted Pensionable Earnings  
  Adjusted Pensionable Earnings  
  Total Pensionable Earnings  
  Avg Mnthly Pensionable Earnings  
  Monthly Retirement Benefit  
  Adj. for Taking <65yo or >65yo  
  Adjusted Monthly Benefit  
  Equivalent Portfolio Value*  
  Employee/Employer Contributions  
  Annualized Real Rate of Return  
  Yrs Collecting CPP to break even      
  Age needed to live to break even      
  Assumptions: Drop-out years are assumed to be applied to the first years after age 18 when income tends to be lower due to time training. No divorce or CPP splits previously, no drop-out periods where not contributing. Then annual contributions at the adjusted pensionable earnings level or higher after age 25 up to retirement age. Adjusted for inflation.  
   
   
   
  *The portfolio value required to pay this at a safe 3% withdrawal rate. Used to give an equivalent "annualized real return". You don't actually really own anything sellable.  
   
                           
  Inflation-Adjusted Total Portfolio Value ('000s) By Strategy At Liquidation  
  This is the value of portfolio if liquidated and taxed at the highest tax bracket. All RDTOH and CDA accounts released.  
  Age Age Corp Hit Passive Income Limit Cumulative Years RDTOH Not Fully Released  
  Corp Dividends  
  Corp Div & TFSA  
  Corp RRSP  
  Corp RRSP TFSA  
  Include CPP Surivor Benefit
 
If you die after age 65 and have a spouse/dependent, they can get a CPP survivor benefit of up to 60% of your CPP. It is less if under age 65.
  If they have their own CPP, their benefit cannot exceed the maximum for an individual. If no spouse or dependent, the CPP has no residual value to your estate.  
                           
 
   
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
                           
Detailed technical article about how the calculator works Article About How Corporate GRIP Works Article About Corporate Investment Taxation