Platform Update Log: Last Update March 25, 2025

April 2025

  • New AI Strategies:
    • Asset Allocation: This new AI Strategy will automatically evaluate different levels of asset allocation between Equity and Fixed-Income. This is a quick way to illustrate the effect of more conservative/aggressive asset allocations on the estate value and success rate.
    • Cash Wedge: This new AI Strategy will automatically add a cash wedge over a period of 5-10 years before/after retirement. The cash wedge strategy will automatically adjust the asset allocation year-by-year ensuring that either a 5% or 10% cash wedge is built up by the time you reach your target retirement age and then drawn down in early retirement.
  • Lifetime Totals
    • In Planning > Projections you will see a new Lifetime Totals bar at the bottom of the projection charts. This provides a quick view of the overall plan funding %, lifetime spending, lifetime investment fees, lifetime tax, after-tax estate, lifetime CPP, lifetime OAS, lifetime GIS, and plan success rate %
      • % of Plan Funded: This represents how much of the lifetime spending goal is being met by income and assets within the plan. Anything below 100% means there is a shortfall. Anything above 100% means there is an estate value. A plan funded ratio of 100% means that income and assets are perfectly able to meet spending goal (but with no room for error, so any below average investment returns and/or above average inflation rates will lead to failure, which is captured in the Success Rate %)
      • Lifetime Spending: This represents the Today's Dollar value of all of the spending within the plan.
      • Lifetime Investment Fees: This represents the Today's Dollar value of all of the investment fees within the plan.
      • Lifetime Tax: This represents the Today's Dollar value of all of the tax payments within the plan including Estate Tax.
      • After-Tax Estate: This represents the Today's Dollar value of all of the Estate after paying any tax owing.
      • Lifetime CPP: This represents the Today's Dollar value of all of the CPP payments within the plan, including survivor benefits.
      • Lifetime OAS: This represents the Today's Dollar value of all of the OAS payments within the plan, including the negative impact of OAS clawbacks.
      • Lifetime GIS: This represents the Today's Dollar value of all of the GIS payments within the plan.
      • Success Rate: This represents the % of historical periods which will not run out of money in retirement based on the withdrawal plan. The historical periods are reflected in the Success Rate chart and reflect your investment fees and asset allocation.
  • Lifetime Tax in AI Strategy Table
    • The new Lifetime Tax calculation has also been added to the AI Strategy table as an option to evaluate various AI Strategies. In general we still recommend using After-Tax Estate value as the metric to evaluate AI Strategies as it incorporates other factors like investment growth, clawbacks, etc but the new Lifetime Tax value will provide another perspective on the effectiveness of the various AI Strategies.

March 2025

  • New AI Strategies:
    • RRSP Contribution: This is a fantastic new AI Strategy that works like the RRSP Meltdown strategy except that it helps bring down taxable income during the accumulation phase using RRSP Contributions. It will help you mix RRSP contributions with TFSA and non-reg. contributions to help minimize tax and maximize estate value. When enabled this strategy will plan RRSP contributions to aim for taxable income at the bottom of each tax bracket. This strategy will allow additional cash flow to go to TFSA contributions or Non-Reg contributions OR if the platform needs cash flow to make the RRSP contribution it will pull automatically from Non-Registered, TFSA, and even debt. Because the platform also calculates income tested government benefits this AI strategy can also help optimize benefits like the Canada Child Benefit or Guaranteed Income Supplement which has a clawback rate based on taxable income.
    • Increase "Go-Go" Spending Until 75: This new AI Strategy will automatically evaluate additional retirement spending in the "Go-Go" phase before you reach age 75. It is a quick and effective way to see if you can spend more in early retirement if investment returns and inflation rates are on track.
    • RRSP Meltdown to OAS Clawback Threshold: This is a small addition to the existing RRSP Meltdown strategy. It will allow you to aim for the OAS Clawback threshold using registered withdrawals in retirement.
  • Multiple Rental Properties:
    • Up to 5 individual rental properties can now be added to the platform. For each property you can plan individual income, expenses, debts, asset value, debt balances, sale/purchase dates etc. etc.
    • Go to Profile to ensure the right number of rental properties is selected. This will trigger additional input fields in Income, Expenses, Assets, Rental Property Analysis, Projections etc.

February 2025

  • Corporate Estate/Wind Up/Share Sale: Incorporated business owners can plan for an automatic Wind Up or Share Sale for the corporation. This can be planned in a specific year or as part of the Estate. This can be found in Discovery > Corp. General Info
  • "Year End" Balance: We added "Year End" to the Balance header in Planning > Projections > Table to make it clearer that this is the year end balance being shown (thanks for the suggestion!)
  • Cash Flow Warning Messages: We adjusted the trigger for the Cash Flow diagram warning messages (we'll be coming back to all the warning/error/opportunity messages in the near future)
  • Corporate Interest Deductions Bug Fix: Adjusted the "cap" on interest deductions for incorporated businesses when there are only rental properties, no investment income and no active business income.
  • Corporate Life Insurance: Incorporated business owners can now add corporate owned life insurance. The payout will automatically increase CDA balance. We will be working on additional estate/windup modules for incorporated business owners in the coming weeks.
  • Upload Documents: New folders for corporate documents and for personal T1 tax returns (Only important if you're working with a planner)
  • Capital Gains Inclusion Rate: Updated to 50% for 2025 as per recent government announcement.
  • QC LIF Maximum: Removed for 2025+

January 2025

  • Added the ability to toggle Cash Flow between Monthly or Annual values
  • Added both ages to hover over in Projections and Future Cash Flow charts for couples
  • Added a line between partners in Discovery cards to help better show the vertical data entry for couples
  • Allowed negative RRSP Contribution Room to be entered in Discovery (for clients with Past Service Pension Adjustments)
  • Added Average Tax Rate to the Projections table
  • Improved Quebec Tax Credit calculation for couples with pension income before age 65 and a large age gap
  • Added a filter to the AI Strategy table
  • Added an option to hide/collapse the AI Strategy table
  • Added a dropdown to the "Sharing" modal to allow sharing of a specific scenario instead of just sharing the base scenario
  • Added help icons to the following pages
    • Discovery -> Corporate General Info
    • Discovery -> Corporate Assets and Debts
    • Discovery -> Corporate Income and Expenses
    • Foundation -> Corporate Investment Plan
    • Foundation -> Insurance Needs Analysis

  • Corporate Module: This feature will allow up to three HoldCo/OpCo combinations to be added to the plan. Changes to the following sections:
    • Profile: Select # of corporations
    • Discovery > Income: Add personal amounts for Corporate Salary and Corporate Dividend Target (the platform will automatically aim for the target as long as there is enough corporate cash flow and/or investment assets inside the corp).
    • Discovery > Corp. General Info: Add general information about each corporation including ownership %'s, share value, notional account balances etc.
    • Discovery > Corp. Assets and Debts: Add information for financial assets, multiple real assets, and multiple debts
    • Discovery > Corp. Income & Expenses: Add information for corporate revenue, expenses, rental income, rental expenses etc. Salary and corporate CPP/EI contributions will be calculated automatically based on the Salary info entered in Discovery > Income but it can be overridden on a scenario by scenario basis to test salary vs dividend scenarios.
    • Foundation > Corp. Investment Plan: Add information about the rate of return and type of return for the corporate Checking/Savings and Investment accounts.
    • Planning > Projections: Similar to the personal side, you can see the detailed corporate projections at the very right of the projection table. These assumptions for revenue, expenses, salary, dividends, contributions/withdrawals etc can be adjusted scenario by scenario providing unlimited control for each scenario and allowing scenarios like "Should I incorporate or not?". This is also where you can adjust the dividend target and specific dividend amounts between Capital, Eligible, and Non-Eligible dividends.
    • Planning > Projections > Advanced Options: Similar to the personal side, in Advanced Options you can make very specific adjustments to the corporate assumptions scenario by scenario, this includes adding new real assets, selling real assets, adding new debts etc. etc.
    • Planning > Projections > Charts: The corporate assets will show up in the Net Worth and Success Rate charts providing a visual representation of how these assets fit into the personal plan.

October 2024


  • CPP Survivor Benefit Calculation: The platform will now automatically calculate the CPP Survivor benefit based on the age of the survivor (pre-65 vs post-65), the size of the survivors CPP benefit, and the integration between the two benefits (reduced benefit due to caps/reductions).
  • Pension Survivor Benefit Calculation: The platform will now automatically calculate the pension survivor benefit and pay it to the survivor based on the % survivor benefit in Discovery > Tax & Benefits > Defined Benefit Pension
  • Insurance Payout: The platform will now automatically pay out a life insurance benefit to a survivor, this is based on the new beneficiary % fields that are added to Discovery > Insurance > Life Insurance
  • Estate Value and Estate Tax: The platform will now do an after-tax estate value and estate tax calculation. This will be shown visually in the Net Worth Chart.
  • Estate Value and Estate Tax AI Strategy Ranking: AI strategies will now be ranked on after-tax estate value rather than net worth. .
  • Insurance Needs Analysis: The Foundation phase now includes a new section which is a basic Insurance Needs Analysis.
  • Survivor Scenario AI Strategy: The AI Strategies will now include a new Survivor Scenario strategy, it will automatically evaluate life expectancy at 5-year increments.
  • Life Expectancy in Advanced Options: If you want to be extremely specific with life expectancy you don't need to use the AI Strategies, you can enter an exact life expectancy in Planning > Projections > Advanced Options.

September 2024


  • Spousal-RRSP AI Strategy: Automatically evaluates if a Spousal-RRSP would benefit a plan for a couple. This strategy will activate the Spousal-RRSP allowing it to accumulate assets and better split income before age 65.
  • Total Income Line: In Planning > Projections the Income chart has a new "Total Income" line to make it easier to see the total amount of income year-by-year
  • Implementation Reminder Email: Added option to send immediately.
  • Added RRIF and LIF wording to all RRSP and LIRA references: To help onboarding we updated the wording of RRSP to include RRIF and LIRA to include LIF.
  • Custom Deductions now allows positives: In Planning > Projections > Table in the Taxable Income column we've updated the "bounding" on the Custom Deductions column to allow positives. This is to assist in modeling things like the Home Buyer Plan repayment where an RRSP contribution being used to repay the HBP is not eligible for a deduction.
  • Summary Table extended to full plan:The Summary table in Planning has been updated to extend all the way to the end of the plan instead of just the next 10-years.
  • Community and Help Resources links in side nav:
  • Embedded Onboarding/Help Videos: You can now embed an onboarding/help video on each section of the platform.

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July 2024

  • New "Frequency" Drop Downs in Income and Expenses: Enter Income and Expenses values as Weekly, Bi-Weekly, Semi-Monthly, Monthly, Quarterly, Semi-Annual, or Annual.
  • New AI Strategies
    • Maximize TFSA in Retirement
      • Maximize TFSA cont. room in retirement using Non-Reg balance
      • Maximize TFSA cont. room in retirement using Non-Reg or RRSP balance
      • Maximize new TFSA cont. room in retirement using Non-Reg balance
      • Maximize new TFSA cont. room in retirement using Non-Reg or RRSP balance
    • Tax Planning
      • Disable contributions to lower income partners Non-Reg account first using their income
      • (Enabled by Default) Enable contributions to lower income partners Non-Reg account first using their income​
    • Tax Planning
      • Disable income splitting in retirement for RRIF/LIF/Pension income
      • (Enabled by Default) Enable income splitting in retirement for RRIF/LIF/Pension income
    • Debt Payoff
      • Disable paying off high interest debt before making investment contributions
      • (Enabled by Default) Enable paying off high interest debt before making investment contributions

June 2024

  • "Find An Advisor" Marketplace & Advisor Connections: We've now made it even easier for you to connect with a fee-only or advice-only financial planner through Adviice. These financial planners are already using Adviice with their clients and they have different service offerings, from short 60-minute consult meetings, to longer retirement planning engagements. This is an amazing way to validate the retirement plan you've already started.

    When you "connect" with an advisor you'll be able to view their booking calendar and in turn they will be able to view your account information. This connection can be removed at any time in the Advisor Connections page. We've started with a smaller group but we will be adding many other advisors in the coming weeks.


  • Bug Fixes: We've deployed a few small bug fixes, most were edge cases, but one noticeable change is that we reordered the AI Strategies table to avoid the Strategy Name being cut off on smaller screens.

May 2024


  • Updated FP Canada Rate of Return Assumptions for 2024: Equity 6.71%, Fixed Income: 3.4%, Inflation 2.1%
  • Spousal Support & Child Support: Discovery > Income > Other Taxable Income or Other Non-Taxable Income can now be a negative value, allowing you to add income reductions due to Spousal Support or Child Support payments
  • Net Worth Tooltip Bug: Fixed a bug causing the Projections > Net Worth chart to show the incorrect Financial Assets value in the tooltip when in Future Dollars and a Home was sold
  • Added Taxable Income Columns: Added new columns in Planning > Projections > Table that provides additional visibility into what goes into Taxable Income
  • Added Custom Deductions Column: Added a column in Planning > Projections > Table that allows for custom deductions to be added year-by-year
  • Added Total Tax Columns: Added columns in Planning > Projections > Table that provides additional visibility into what goes into Total Tax payable, breaking it down into Federal and Provincial, and further into individual tax credits
  • Added Custom Tax Credits Columns: Added a columns in Planning > Projections > Table that allows for custom Federal or Provincial Tax Credits to be added year-by-year like Disability Tax Credit etc. (these should be entered as the tax credit amount, not the higher base amount)
  • Capital Gains Increase Above $250,000: Adjusted capital gains calculation for proposed 2024 Federal Budget (we will remove this if it doesn't pass)

March 2024


  • AI Strategies!
    • Accumulation order: Testing all combinations of TFSA vs Registered vs Non-Reg before retirement
    • Decumulation order: Testing all combinations of Non-Reg vs Registered vs TFSA after retirement
    • RRSP Meltdown: Drawing down registered accounts faster in early retirement up to the next tax bracket

February 2024


  • Added mortgage renewal fields to Discovery > Debts > Real Estate Debt. This includes "renewal date" and "interest rate upon renewal". The debt calculation logic has been updated to automatically calculate the new payment based on the existing amortization and the new rate. The platform will automatically calculate the new payment and show that in Foundation > Debt Payoff Plan and Planning > Projections
  • Added filename to Discovery > Document Uploads page. This allows you to quickly see the name of the files uploaded. This will only show for new uploads.
  • Projections and Future Cash Flow charts now use Age instead of Year as the x-axis.

  • Copy Income and Expenses snapshots in Discovery. You can now copy an Income or Expenses snapshot including all the values, this makes it much easier to add phases of retirement spending etc.


  • AI Strategies
    • Added ability to "Enable" an AI strategy directly from the Projections section
    • Added "Increase Retirement Spending" strategy that automatically evaluates higher levels of spending in retirement vs net worth and success rate
    • Added "Decrease Retirement Spending" strategy that automatically evaluates lower levels of spending in retirement vs net worth and success rate
    • Added a "Lifetime Spending" column to allow you to rank based on spending in addition to net worth and success rate

    • Switched to AWS "Lambda" a server-less architecture for AI strategy calculations that will provide unlimited scale during peak periods


  • Small improvements...
    • Changed left navigation to make the phase names "Discovery", "Foundation", and "Planning" clickable so that they open the phase (rather than just the little "v" arrow).
    • Added an option to remember 2FA codes for 7-days
    • Added text to the bottom of the "Cancel" email letting you know the account will be deleted in 14 days