FAQ: How Do I Bypass Discovery/Foundation Sections that the Platform Doesn't Need?

Quick Retirement Plan Creation:

1. Discovery Phase:
   • Skip "Goals and Values" and "Risk/Investor Profile" if short on time. These are qualitative and not required for basic projections.
2. Income Section:
   • Enter gross annual income (e.g., $80,000/year).
   • Include bonuses, if applicable.
3. Expenses Section:
   • Focus on after-tax spending (e.g., $72,000/year or $6,000/month).
   • Use manual mode to control savings contributions and spending assumptions.
4. Assets Section:
   • Input approximate balances for investment assets
   • Input approximate value for Home value
   • Include contribution room for investment accounts.
5. Debts Section:
   • Provide debt details:
     • Balance
     • Interest rate
     • Monthly payment
6. Tax and Benefits Section:
   • For CPP, estimate years of maximum contributions (e.g., 20 years).
   • For OAS, include number of qualifying years for residency in Canada.
7. Investment Plan:
   • Define:
     • Asset allocation
     • Fees
8. Review Results:
   • Check for realistic drawdowns and success rates.
   • Adjust inputs if needed for a more accurate plan.

This minimal input approach creates a baseline plan quickly while allowing for later refinements.