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Turn your results into action with a free retirement planning session.
Imagine retiring with a clear plan that shows exactly when to draw pension benefits, how to withdraw from your accounts tax‑efficiently, and how to make your money last 30+ years. That's what this free review will give you.
You'll get:
- Tax-efficient income recommendations and withdrawal strategies
- Pension benefits and accounts drawdown timing strategy
- An analysis of your current investment structure and tips to optimize
- Estate and longevity risk protection
Your Results
Retirement Readiness Level: Needs Work
Your responses indicate that your retirement strategy is still in early development, and several critical planning elements may be missing. Acting early can help you avoid costly mistakes down the road.
Retirement Readiness Level: Somewhat Ready
You’ve made good progress toward building a retirement strategy, but key areas still appear to be unoptimized. Small improvements at this stage could significantly strengthen your financial outcome.
Retirement Readiness Level: On Track
Your plan is well-structured, and your answers suggest you’ve thought carefully about key components of retirement. That said, even well-designed plans deserve regular review to stay optimized.
Key focus areas to explore:
- A retirement income plan may not yet be in place, leaving you vulnerable to running out of savings too soon.
- Your approach to RRSP, TFSA, and non-registered withdrawals may not be structured, which could increase your tax burden.
- Government benefits like the Quebec Pension Plan (QPP) or Guaranteed Income Supplement (GIS) may not be fully integrated into your plan, potentially causing missed opportunities.
- A clear picture of your retirement expenses may not be established, limiting your ability to plan accurately.
- Contingency planning for health events, inflation, and market volatility may still need attention.
This is a great time to start building a strong foundation and take ownership of your financial future.
Other elements to consider:
Longevity Planning
- Have you stress-tested your plan to age 90–95 to make sure your capital lasts?
- Would an unexpected event (e.g. market crash, health issue) derail your plan?
Sequence of Returns Risk
- Do you know how withdrawing funds early in a market downturn could affect your portfolio’s longevity?
- Have you looked at strategies to protect against early retirement losses?
Asset Allocation & Risk Tolerance
- Does your current investment strategy still align with your risk tolerance as you near retirement?
- Have you rebalanced your portfolio to account for retirement income needs?
Real Estate Decisions
- Have you considered the role of your home or rental property in your retirement plan?
- Would downsizing or selling a property improve your retirement cash flow or reduce risk?
Spousal Coordination
- Is your plan coordinated with your spouse’s accounts, government benefits, and drawdown timing?
- Have you looked into income splitting or pension sharing to reduce tax?
Contingency & Health Planning
- Do you have a buffer or plan in case of long-term care needs or unexpected expenses?
- Have you thought about how much flexibility you want in your retirement lifestyle?
Estate & Legacy Planning
- Are you confident your estate will be distributed according to your wishes, without unnecessary delays or excessive tax?
- Have you identified the tax liabilities at death on your registered accounts (RRSP/RRIF) and secondary properties (e.g., cottage, rental property)? These can significantly reduce what your heirs receive.
- Does your plan include strategies to reduce those impacts (e.g., planned giving, life insurance, share buybacks)?
Your quiz results offer a starting point — but the most effective retirement plan includes regular reviews and scenario analysis. Use your score as a guide to explore where deeper planning could uncover hidden risks or opportunities.
This quiz is educational in nature and is not personalized financial advice. Consult a licensed financial planner or advisor to interpret your results based on your full financial picture.
Key focus areas to explore:
- Your income drawdown order may not be fully tax-efficient, leaving room to reduce lifetime taxes.
- Government benefits may not be timed optimally, which can reduce long-term value.
- RRSP, TFSA, and non-registered accounts may not be coordinated to protect against Old Age Security (OAS) clawbacks.
- Your investment approach may not be fully aligned with your timeline and income needs as you near retirement.
- Real estate or corporate assets may not be clearly defined within your overall income and estate plan.
Refining these areas can boost the efficiency and sustainability of your retirement strategy.
Other elements to consider:
Longevity Planning
- Have you stress-tested your plan to age 90–95 to make sure your capital lasts?
- Would an unexpected event (e.g. market crash, health issue) derail your plan?
Sequence of Returns Risk
- Do you know how withdrawing funds early in a market downturn could affect your portfolio’s longevity?
- Have you looked at strategies to protect against early retirement losses?
Asset Allocation & Risk Tolerance
- Does your current investment strategy still align with your risk tolerance as you near retirement?
- Have you rebalanced your portfolio to account for retirement income needs?
Real Estate Decisions
- Have you considered the role of your home or rental property in your retirement plan?
- Would downsizing or selling a property improve your retirement cash flow or reduce risk?
Spousal Coordination
- Is your plan coordinated with your spouse’s accounts, government benefits, and drawdown timing?
- Have you looked into income splitting or pension sharing to reduce tax?
Contingency & Health Planning
- Do you have a buffer or plan in case of long-term care needs or unexpected expenses?
- Have you thought about how much flexibility you want in your retirement lifestyle?
Estate & Legacy Planning
- Are you confident your estate will be distributed according to your wishes, without unnecessary delays or excessive tax?
- Have you identified the tax liabilities at death on your registered accounts (RRSP/RRIF) and secondary properties (e.g., cottage, rental property)? These can significantly reduce what your heirs receive.
- Does your plan include strategies to reduce those impacts (e.g., planned giving, life insurance, share buybacks)?
Your quiz results offer a starting point, but the most effective retirement plan includes regular reviews and scenario analysis. Use your score as a guide to explore where deeper planning could uncover hidden risks or opportunities.
This quiz is educational in nature and is not personalized financial advice. Consult a licensed financial planner or advisor to interpret your results based on your full financial picture.
Key focus areas to verify and fine-tune:
- Future tax increases or changes in income could affect Old Age Security (OAS) eligibility and long-term tax exposure.
- Your asset withdrawal sequence might benefit from occasional rebalancing to maintain tax efficiency.
- Income splitting and pension sharing opportunities may be underused, especially between spouses.
- Real estate assets or business holdings may have implications for your estate that aren’t yet addressed.
- Emergency fund planning and long-term care contingencies may still require review.
You’re well-positioned — now is the time to lock in your success with fine-tuned strategies that maximize outcomes and minimize risks.
Other elements to consider:
Longevity Planning
- Have you stress-tested your plan to age 90–95 to make sure your capital lasts?
- Would an unexpected event (e.g. market crash, health issue) derail your plan?
Sequence of Returns Risk
- Do you know how withdrawing funds early in a market downturn could affect your portfolio’s longevity?
- Have you looked at strategies to protect against early retirement losses?
Asset Allocation & Risk Tolerance
- Does your current investment strategy still align with your risk tolerance as you near retirement?
- Have you rebalanced your portfolio to account for retirement income needs?
Real Estate Decisions
- Have you considered the role of your home or rental property in your retirement plan?
- Would downsizing or selling a property improve your retirement cash flow or reduce risk?
Spousal Coordination
- Is your plan coordinated with your spouse’s accounts, government benefits, and drawdown timing?
- Have you looked into income splitting or pension sharing to reduce tax?
Contingency & Health Planning
- Do you have a buffer or plan in case of long-term care needs or unexpected expenses?
- Have you thought about how much flexibility you want in your retirement lifestyle?
Estate & Legacy Planning
- Are you confident your estate will be distributed according to your wishes, without unnecessary delays or excessive tax?
- Have you identified the tax liabilities at death on your registered accounts (RRSP/RRIF) and secondary properties (e.g., cottage, rental property)? These can significantly reduce what your heirs receive.
- Does your plan include strategies to reduce those impacts (e.g., planned giving, life insurance, share buybacks)?
Your quiz results offer a starting point, but the most effective retirement plan includes regular reviews and scenario analysis. Use your score as a guide to explore where deeper planning could uncover hidden risks or opportunities.
This quiz is educational in nature and is not personalized financial advice. Consult a licensed financial planner or advisor to interpret your results based on your full financial picture.
Your Results