FAQ: Why is Total Income Not the Same in the Projections Graph and Table?

Total Income in the chart is more like “Total Incoming Cash Flow”. Along with taxable income sources it also includes things like TFSA withdrawals, Non-Registered principal withdrawals, the non-taxable portion of capital gains, non-taxable government benefit income etc etc.

Taxable Income in the table is the equivalent of line 26000 on the tax return. It only includes taxable income sources and deductions.