Services
We provide advice-only retirement planning that is completely unbiased. There are no products, no commissions, just advice. If you are less than 10-years from retirement then you need a retirement plan. Getting started is easy. We have a simple three step process to create a retirement plan. We also offer two different retirement planning packages depending on your situation.
Not sure if an advice-only retirement plan is right for you? Book a free intro call now.
Retirement Planning In 3 Easy Steps…
We start simple and then get more detailed as we customize your retirement plan to your specific goals & values.
Start Your Plan
$99+tax
Use our AI powered financial planning software + 30-day video guide to help you gather the right information and start your retirement plan.
Run detailed projections to help answer questions like…
Am I on track for retirement?
How much can I spend in retirement?
How can I maximize Guaranteed Income Supplement (GIS)?
When should I start Canada Pension Plan (CPP)?
When should I start Old Age Security (OAS)?
Review Your Plan
$499+tax
Detailed review of your plan with an advice-only financial planner. Includes a 1-hour “working session” with an advice-only financial planner to review your information and build an initial retirement plan. Includes 1-hour of prep time before the call to help fill in any missing information.
Answer questions like…
Are there risks or opportunities I’m missing?
Will I run out of money in retirement?
What accounts do I draw from first?
Expected outputs…
Initial retirement plan
Year-by-year projection & excel exports
3-5 key actions to improve your plan
A video recording of the call
Customize Your Plan
$1,999+tax
Work with an advice-only planner to build upon your initial retirement plan. Evaluate up to 5 additional retirement scenarios. Add spending phases in retirement (go-go, slow-go, no-go). Evaluate spending guardrails based on investment returns. Determine how much you can spend without running out of money. Tax planning and income splitting. Retirement success rate & peace of mind.
Includes two additional meetings…
Foundation meeting: Facts, assumptions, risks, and opportunities
Plan Presentation meeting: Retirement strategies and recommendations
Includes two digital reports…
Foundation Report: Facts, assumptions, risks, and opportunities
Planning Report: Retirement strategies, detailed projections, and specific recommendations
Ongoing Planning & Advice
Retirement planning doesn’t stop after the initial plan. Each year we update the retirement plan to incorporate new tax rates, new benefit rates, new assumptions for income and expenses, new investment balances and rate of return assumptions, new guardrails for retirement spending etc. etc.
We offer two options for ongoing planning & advice.
Platform Access Only
$9.99/month
Continued access to the platform & projections
Updates to tax rates each year
Updates to benefit rates each year
Ad-hoc meetings for $499+tax
1:1 Support
$79/month
Dedicated advice-only financial planner
Annual 1:1 plan update meeting in January/February
Updates to tax rates & benefit rates
Updates to contribution/withdrawal targets
Update retirement spending guardrails based on investment returns
Update size and timing of contributions and withdrawals
Re-evaluate timing of CPP & OAS
Email support between plan update meetings
Ad-hoc meetings for $499+tax
Retirement Planning Examples…
Depending on your situation you may choose to bundle step 1, step 2, and step 3 together to create a custom retirement plan tailored to your unique situation. These steps can be done at your own pace depending on how close you are to retirement.
Example: Retiring With Less
Start with “Step 1: Start Your Plan” then add “Step 2: Review Your Plan”. Combined cost $598+tax
Retirement planning for individuals and couples who are less than 10-years from retirement and have financial assets of $500,000 or less and private pensions of $10,000/year or less.
Description:
When you’re “retiring with less” your retirement plan needs to be different. The problem with traditional retirement advice is that it’s tailored to retirees with $1,000,000+. But when you are retiring with less than $500,000 in financial assets your retirement plan needs to be different. Your retirement plan needs to incorporate Canada Pension Plan (CPP), Old Age Security (OAS), and most importantly the Guaranteed Income Supplement (GIS). The combination of these three retirement pensions can easily be worth $20,000 per year or more and GIS alone can be worth over $10,000 per year but comes with steep clawback rates of 50% to 75%. Even a small mistake can cost you thousands of dollars in GIS benefits in the future.
Unfortunately, traditional retirement advice from banks and investment advisors is tailored to retirees with lots of financial assets and rarely includes the Guaranteed Income Supplement (GIS).
In the best case, ignoring GIS benefits can make your retirement plan look harder than it really is. In the worst case, ignoring GIS benefits might mean you’re receiving advice that will cost you thousands in unnecessary taxes and government benefit clawbacks in retirement.
At PlanEasy we created “Retiring With Less” a retirement planning option specifically designed for those with less than $500,000 in financial assets.
Criteria:
Retiring With Less is designed for both individuals and couples who are…
- Less than 10-years from retirement
- Have financial assets of $500,000 or less
- Have private pensions of $10,000/year or less
- Do not have an incorporated business
- Do not have any rental properties
- Do not have any vacation properties
Steps:
Retiring With Less has two simple steps…
Step 1: Start Your Plan
You start with access to our financial planning platform where you can enter your income, expenses, assets, and debts.
Step 2: Review Your Plan
Review your plan with an advice-only financial planner. Build your initial retirement plan including CPP, OAS, and GIS. Identify 3-5 clear actions to help you improve your retirement. Receive a video recording to refer back to in the future.
Example: Retiring With More
Start with “Step 1: Start Your Plan” then add “Step 2: Review Your Plan” then add “Step 3: Customize Your Plan”. Combined cost $2,597+tax
Retirement planning for individuals and couples who are less than 10-years from retirement and have financial assets of $500,000+ or private pensions of $10,000/year or more.
Description:
When you’re “retiring with more” you need a retirement plan that helps you get the most out of retirement. When you have financial assets of $500,000+ you need a plan that helps maximize retirement spending, minimize tax, and determine when to draw from different income sources.
You need a retirement plan with different spending phases, the “go-go” years, the “slow-go” years, and the “no-go” years. You need a plan that helps you spend more in the “go-go” years when you have the opportunity to enjoy retirement to the fullest.
When you’re “retiring with more” you need a retirement plan that helps minimize income tax by intelligently planning your retirement decumulation from various income sources. And if you’re a couple, you need a plan that helps split income evenly in retirement to help reduce tax as a household.
When you’re “retiring with more” you need a retirement plan that helps you decide when to start Canada Pension Plan (CPP) and Old Age Security (OAS). Depending on your situation there are pros and cons and it can be best to start these benefits earlier or later depending on your needs and goals.
When you’re “retiring with more” you need a retirement plan with clear spending “guardrails” that helps you spend more in the early years but avoid running out of money in the later years.
At PlanEasy we created “Retiring With More” a retirement planning option specifically designed for those with financial assets of $500,000+ and/or private pensions of $10,000/year or more.
Criteria:
Retiring With More is designed for both individuals and couples who are…
- Less than 10-years from retirement
- Have financial assets of $500,000+ and/or private pensions of $10,000/year or more
- Do not own an incorporated business
- Do not own more than one rental property
- Do not own more than one vacation property
Steps:
Retiring With More has three simple steps…
Step 1: Start Your Plan
You start with access to our financial planning platform where you can enter your income, expenses, assets, and debts.
Step 2: Review Your Plan
Review your plan with an advice-only financial planner. Build your initial retirement plan. Identify 3-5 clear actions to help you improve your retirement. Receive a video recording to refer back to in the future.
Step 3: Customize Your Plan
Work with an advice-only planner to build upon your initial retirement plan with two additional meetings, two reports, and up to 5 additional scenarios.
10x Guarantee
At PlanEasy we strongly believe that this type of unbiased retirement planning is extremely valuable to Canadians. In fact, we believe its so valuable that we have a 10x Guarantee. We will provide retirement planning options that improve your plan by at least 10 times the cost of your initial engagement or we’ll provide a full refund.
Fees are subject to tax.
*Support is subject to business hours. Customers can expect a response in 1-business day for the first email each month and 2-3 business days for any subsequent emails. Financial planners cannot provide specific recommendations in the community forum or over email. Clients who need to make an important financial decision are encouraged to work one-on-one with a financial planner.
**We believe “fit” is very important. We focus on retirement planning for less complex situations. We do not work with incorporated business owners and we do not work with multiple rental property owners. We also do not provide advice for cross border retirement planning.