A retirement income assessment — not a calculator. Your results are specific to your situation. Every gap leads to the right professional for that layer of your plan.
Your responses generate a personalised report. A summary may be shared with the professional who introduced this tool, with your permission.
◯
Self Evaluation
Complete at your own pace
◆
With a Professional Advisor
Advisor-guided session with professional notes
Complimentary retirement readiness analysis — not financial advice. Figures are planning estimates; confirm with your licensed CFP, CPA, or advisor.
◆ Professional Mode
This is your assessment tool.
Your name leads the report. Your role anchors the conversation. You're the coordinator — Nicole is the liquidity specialist you refer when the plan calls for it.
Profile saved
Your name
Your role
Nicole Andrews
Mortgage Agent — Liquidity Coordinator
CFP
Financial Planner
CPA
Accountant
SRES Realtor
Senior Real Estate
Estate Lawyer
Wills & Estates
Other
Advisor / Specialist
Firm / credentials
Phone
Email
Section 1 of 5
Who is this for?
Just mePlanning for myself
My partner and IPlanning together
Person 1
Current age
Retirement age
Person 2
Current age
Retirement age
Income Splitting
Must be executed by a licensed CPA. File T1032 annually. This tool illustrates the opportunity only.
Section 2 of 5
Retirement income goals
From Section 1
Age 65
Desired lifestyle income
$75K /yr
$30K$75K$200K
Annual household income target. This tool shows how much is covered, from where, and how long it lasts.
CPP and OAS timing
Delay to 7042% more CPP & 36% more OAS — permanently
Take at 65Base rate — starts sooner
Already receivingCPP and/or OAS active
Current CPP + OAS combined
Enter your actual monthly government income — this replaces the estimate.
$0
$0$1,000$2,000$4K
Combined CPP + OAS max at 70 is ~$2,171/mo per person. Enter your actual combined amount.
Your CPP estimate at 65 (optional)
Your My Service Canada Account shows your own CPP estimate. Entering it replaces the national average and makes every figure in your report yours.
Not entered
Skip$500$1,000$1.5K
Leave at zero and we’ll use the Canadian average. OAS is based on years lived in Canada, not earnings, so it stays as estimated.
◆ One of you retires first
While one partner is still working, will the household need extra income during that time?
No — their income covers usNo bridge draws expected during that phase. Waiting to deploy equity also means more is accessible when you need it.
Yes — we’ll still need incomeTheir income reduces the draw — tell us roughly how much below
Working partner income
If one partner is still working during the other's retirement, their income reduces the bridge gap.
$0
$0$50K$150K
Additional future income?
Rental, part-time work, or other income that will become available.
$0
$0$1,250$5K
Income type
When available
Section 3 of 5
Assets and savings
Employer pension (monthly)
$0 /mo
$0$2,500$10K
Defined benefit pension. Fully taxable. Eligible for income splitting with a lower-income spouse.
TFSA
$0
$0$125K$500K
Tax-free withdrawals. Not reported on T1. Draw first.
Yes — I own propertyHome equity may be part of your retirement plan
No — I rent or do not ownAnalysis will focus on income and savings
Primary residence value
$600K
$200K$1M$3M+
Mortgage remaining
$0
$0$500K$2M
How long do you intend to stay at this address?
Under 5 yearsLikely to downsize or relocate before retirement
More than 5 yearsPlanning to stay for the foreseeable future
Age in place indefinitelyThis is home — my goal is to remain here
Legacy & estate readiness
Check all that apply
Permanent life insurance?
YesPolicy in place
Not yetNo current policy
Desired inheritance to preserve for family
Amount to protect$0
$0$125K$500K+
This amount is reserved from home equity and will not be used for retirement income. If you want to access home equity while also preserving this inheritance, permanent life insurance is the recommended solution — your estate lawyer can structure it.
Who is already part of your retirement team?
Check everyone you currently work with — this helps identify any gaps in your plan.
Analysing your retirement picture
Evaluating each subject...
Retirement Confidence Score
Grades your retirement plan — and maps the conversations that strengthen it.
Your plan is graded — not you. Every grade improves with the right conversations.
▲ Retirement Bridge Required
Explore your bridge options →
Subject
Score
Plan Grade
What would move this grade
Tap any of these to see the effect. Nothing here changes your report — it shows what these conversations are worth.
Today
→
With these
📋
Want this emailed to you?
Your grade, action plan, and income picture — sent straight to your inbox, handy to forward to your CFP, CPA, or lawyer. Assessment results are reviewed and routed to the appropriate professional when a planning opportunity is identified.
No commitment · no spam · unsubscribe any time
Complimentary retirement readiness analysis — not financial advice. Figures are planning estimates; confirm with your licensed CFP, CPA, or advisor.
Complimentary retirement readiness analysis — not financial advice. Figures are planning estimates; confirm with your licensed CFP, CPA, or advisor.
Income Breakdown
—
estimated monthly retirement income
Retirement Confidence Score
Grades your retirement plan — and maps the conversations that strengthen it.
Complimentary retirement readiness analysis — not financial advice
Retirement Confidence Score
Grades your retirement plan — and maps the conversations that strengthen it.
Complimentary retirement readiness analysis — not financial advice
Advisor Notes —
📋
Made it this far? Want this emailed to you?
A copy of everything above — grade, action plan, income picture — straight to your inbox. Handy to forward to your CFP, CPA, or lawyer.
No commitment · no spam · unsubscribe any time
This report is illustrative only. It does not constitute financial, tax, legal, or investment advice. All financial decisions should be made with a licensed CFP, CPA, or lawyer appropriate to your situation.
✓Tax-free income from home equity — never appears on your T1
✓Bridge the gap before CPP and OAS arrive
✓Preserve investments — let home equity carry the early years
✓No effect on OAS, GIS, or any government benefit
HomeEquity Bank · Equitable Bank · Home Trust · Bloom Financial
Your Regional Professionals
Liquidity Reserve — Optional
Mortgage Agent — Level 2 · Lic. M20003604
Nicole Andrews
BRX Mortgage · Brokerage #13463
519-942-5400 · nicole@ourmortgagelady.com
Your income plan doesn't depend on home equity. It remains available as a tax-free reserve — not reported on your T1, no effect on OAS or GIS. Worth a conversation before you need it.
HomeEquity Bank · Equitable Bank · Home Trust · Bloom Financial
This team card is prepared by Nicole Andrews for client distribution. Each professional is an independent practitioner in their respective field.
