The Canadian Retirement Planner's Software
The brokerage firms and money management firms have developed or purchased Retirement Planning Software to serve their clients for whom they provide full-service, investment management with a fee structure based upon the amount of funds invested. This Software is quite sophisticated.
They do not make this Software available to Do-It-Yourself (DIY) investors. If you find a website that offers to prepare a retirement plan for you, it is phishing, looking to take over the management of your assets.
There is Retirement Software that is free for everyone. The University of Montreal has Software that you can use, but it has not been updated and does not seem to understand how income taxes work. There are Excel Workbooks available for free.
We have a subscriber who invests through a major bank brokerage firm, and she uses our Software to see if the numbers in their Retirement Plan makes sense. She said, “The marketing stuff is nice, but the numbers are an issue.”
The Canadian Retirement Planner's Software
Our Software has been used professionally by CPAs, money managers, and independent personal financial planners for 30 years. With growing interest in retirement planning from DIY investors, we decided to offer our Software to individuals and to support their planning.
There are no simple calculations. The Canadian Retirement Planner's Software will enable you to prepare a {Projection of Retirement Incomes} and calculate the {Assets remaining at year of the last death} testing your retirement options for your years of retirement.
The Canadian Retirement Planner's Software is (probably) the only Professional Software offered to enable enterprising DIY individuals to meet their retirement planning needs. (If you know of another, please let me know.)
YOU must take the initiative to shape your retirement finances for your benefit.
David R. Gobeil, MSc, CPA, CA, CFP®
Gobeil & Associates