RRSP Planing Made Easy

In the financial planning community, the first 60 days of a year means RRSPs take centre stage. During this time advisors are often too busy to build a detailed financial plan for their clients but still need to give  good advice in a timely manner.

RRSP vs. Mortgage

RazorPlan’s RRSP vs. Mortgage calculator lets advisors compare investing a lump-sum in an RRSP today versus paying down a mortgage and investing future mortgage savings into an RRSP.

TFSA vs. RRSP

The TFSA vs. RRSP calculator is designed to compare investing in the 2 most popular tax-assisted investment available to Canadians.

RRSP vs. Non-RRSP

RazorPlan’s RRSP vs. Non-RRSP Calculator compares investing in a tax deferred account versus investing in a taxable account.

RRSP Loan

With more and more Canadians building up unused RRSP contribution room, one strategy that can be used to eliminate this contribution room is an RRSP Loan.

RRSP Calculator

RazorPlan’s RRSP calculator estimates the future value of an RRSP investment given various assumptions.

RRIF Calculator

RazorPlan’s RRIF calculator estimates the future withdrawals from an RRIF based upon the prescribed minimums. Advisors can also use the RRIF calculator to estimate how long a client can withdraw a set amount from a RRIF before running out of money.

Small Business Taxation

It has been two weeks since the Federal government announced, over lunch at the Pastaggio Italian Eatery, changes to the small-business tax rate from 10.5% to 9% by 2019. This change in the small business tax rate is a campaign promise that has been accelerated because of the backlash the Federal government felt over the small business tax changes proposed on July 18th, 2017. 

Do Human Advisor Fees Offer More Value Than Robo-Advisor Fees?

In February, I published an article on ADVISOR.CA titled “Do Human Advisor Fees Offer More Value Than Robo-Advisor Fees?” In it, I examined the claim that using a robo-advisor can add hundreds of thousands of dollars to your investment when compared to the higher fees charged by many human advisors.

Savings and Retirement Projections

A new user recently told me a story about how he used RazorPlan during a recent appointment to win a new client. Here’s the story…