FAQ: How Do I Create a Scenario to Minimize Income Tax?

We will be adding a LIfetime Tax value in the future, but in the meantime using Estate value is the best metric.

Estate value will capture more than just tax optimization. For example, paying more tax early in the projection but less later can reduce the compounding of investments, which can cause a drag on net worth even though total tax might end up lower. Another example is paying more tax early on can reduce OAS clawbacks later, this may mean total tax is higher but total net worth is higher because there are less OAS clawbacks.