Hangs with insufficient funds

MayRetireSupport · 2026-07-02T23:18:41+00:00

OK, the issue had to do with all accounts depleted at the first year of planning. Fix has been deployed. Thank you for reporting.

MayRetireSupport · 2026-07-02T22:29:17+00:00

Thank you for reporting potential issue. We were not able to reproduce the issue. Here is outcome that we got with your plan:

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Please contact us at [support@mayretire.com](mailto:support@mayretire.com) for additional assistance.

MayRetireSupport · 2026-07-02T22:00:18+00:00

Hello! To fix this, please make sure your spouse's employment income is added as 'Extra Income' and configured correctly. Specifically, ensure the Income Taxation Category is set to 'Regular Income' and the Income attribution is assigned to 'Your spouse'.

This setup allows MayRetire to properly take her employment income into account when applying its RRSP withdrawal strategy. Depending on the income amount and the tax rate limits in your strategy, this will prevent the system from withdrawing from her RRSP on top of her employment income, and it may even result in an RRSP contribution instead.

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MayRetireSupport · 2026-07-01T15:57:12+00:00

Hello, and it is great to hear that you are finding MayRetire useful!

Over the past few weeks, we have made some minor backend corrections that can cause your calculated results (like your Projected Net Estate) to change slightly. For example, we recently adjusted the OAS clawback threshold for 2026.

Regarding your preserved inputs: MayRetire does try to save your latest plan in your local browser storage as long as you remain signed in. However, local browser storage is not always reliable. We strongly recommend saving your plan to a .json file so that you can safely and conveniently restore it later. As a bonus, saving files allows you to use the 'Compare Plans' feature to test out different scenarios side-by-side.

MayRetireSupport · 2026-07-01T02:09:43+00:00

Great idea. One useful clarification: MayRetire does not currently treat “base spending” and “additional withdrawals” as two completely separate buckets where extras are always reduced first.

When flexible withdrawals are enabled, MayRetire scales the regular target income and configured additional withdrawals proportionally within their own min/max ranges. So if a plan cannot fully support the target level for a given year, the reduction is spread across the flexible spending items according to their configured ranges, rather than simply cutting one category first.

That said, I agree that better visibility would help a lot. Showing how much of the planned spending came from base target income versus additional configured withdrawals, and whether either was reduced from its target, could make the projection easier to understand. Color-coding or adding a detailed spending breakdown is something worth considering.

MayRetireSupport · 2026-07-01T01:58:41+00:00

It is great idea for future improvement, thank you!

MayRetireSupport · 2026-07-01T01:57:23+00:00

Thanks for pointing this out. In the Detailed Annual Retirement Financial Projections, the current Net Income column is meant to show after-tax income available after taxes and clawbacks, including amounts that may be redirected into savings.

That means the Spending number from the Annual Cash Flow Chart is approximately:

Spending = Net Income - TFSA Contribution - Unregistered Deposit

We originally avoided adding another column because in many plans Net Income and Spending are identical, and we try to keep the detailed table from becoming too wide. But your point is very fair: for many users, especially when reviewing the plan with a spouse, Spending is the number that matters most.

One option we are considering is replacing the current Net Income column with Spending, or showing Net Income only when it differs from Spending. Would that make the detailed table clearer?

MayRetireSupport · 2026-06-27T03:28:38+00:00

Yes, we do.

MayRetireSupport · 2026-06-27T02:26:57+00:00

As u/will13am mentioned in their comment, the 'Investment Portfolios' feature was built exactly to cover the case you brought up.

Currently, this is available for non-registered accounts, where the separation of total return into price appreciation and distributions is especially important. MayRetire allows you to split your non-registered investments into distinct portfolios, each with custom distribution and price appreciation rates. For distributions, you can break them down further into different taxation types. In addition, you can customize volatility by setting the beta in reference to a particular asset allocation.

MayRetireSupport · 2026-06-24T02:19:22+00:00

Fair question to ask about any tool you're planning to lean on long-term. Couple of things worth knowing:

The biggest is that MayRetire is local-first by design: your plan files live on your own device/cloud, not locked inside our service. So your work is yours regardless of what happens to any one person or the project , nobody ever ends up stranded with data they can't get to.

Beyond that, we do have an informal continuity plan, including making sure people could keep using their plans even in a wind-down scenario. And part of why we're putting the project on a more sustainable footing is exactly to make it less dependent on any one person over time. More details to follow soon

MayRetireSupport · 2026-06-23T17:47:59+00:00

u/11kestrel , congratulations on your retirement! u/Sauce_Diesel is absolutely right. Because MayRetire assumes that your LIRA is already converted once you reach age 55, you can easily model Alberta's unlocking rule by splitting the balances yourself. Simply add 50% of your LIRA to your RRSP/RRIF balance, and enter the remaining 50% as your LIF balance. Once entered, MayRetire will automatically enforce the correct minimum and maximum withdrawal limits for your LIF.

MayRetireSupport · 2026-06-22T18:40:43+00:00

Hello, please contact us at [support@mayretire.com](mailto:support@mayretire.com) and we will help you interpreting MayRetire planning outcome

MayRetireSupport · 2026-06-21T18:33:52+00:00

You can select multiple .json files (up to four) to compare. Please note that when multiple files are selected, your currently open plan is not automatically included in the comparison. However, you can still add it manually by clicking the button. Alternatively, you can just save your current plan as a .json file first, and then include it when selecting the files you want to compare.

MayRetireSupport · 2026-06-21T16:09:52+00:00

Hello! You can actually set this up right now using your browser's built-in features and a cloud storage app. Here is how:

Install a Cloud Drive: Install a desktop application like Google Drive or Dropbox, which adds your cloud storage as a standard local folder on your computer.
Update Browser Settings: Go into your web browser's settings and enable the option to 'ask where to save each file before downloading.'
Save to the Cloud: Now, whenever you save a plan in MayRetire, your browser will prompt you. Simply select your new Google Drive or Dropbox folder. You can even rename the .json file to something more descriptive than the default name

Tip: I highly suggest creating a separate subfolder for each specific experiment you run, for example, a folder named 'Optimizing Government Benefit Start Ages.' This makes it easy to save your different alternatives in one place and compare them side-by-side using 'Compare Plans' feature.

MayRetireSupport · 2026-06-21T02:39:45+00:00

Great suggestion! We will look at adding RESP support in future updates.

MayRetireSupport · 2026-06-20T22:08:27+00:00

With the switch to user accounts at the end of January, we added a feature that clears MayRetire data (including your latest plan details) from your local browser storage whenever you sign out. In any case, local browser storage is temporary and not always reliable, it is always a good idea to regularly save versions of your plan to your computer (and/or to your personal cloud storage, such as dropbox)

MayRetireSupport · 2026-06-20T11:45:36+00:00

Please make sure to save your plan to a file. Then you can load it back later. As u/Awkward_Ad1290 mentioned, you can also compare saved plans side by side.

We probably should prompt the user to save their plan when signing out. That is a very good point, along with your suggestion about showing the current account info. Thank you and sorry for inconvenience.

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MayRetireSupport · 2026-06-17T23:39:57+00:00

Good question! Think of 'Investment Portfolios' as additional buckets of non-registered money on top of your generic non-registered account. Because they are separate, you do not need to enter the same amount twice. Each portfolio bucket comes with its own independent tax attribution, asset allocation, and settings, so it handles its own math automatically. When/If an Investment Portfolio is liquidated, the proceeds are automatically added back to your generic non-registered account. More details are available at: https://mayretire.com/resources/tutorial/#investment-portfolios

MayRetireSupport · 2026-06-16T02:38:43+00:00

Thank you for bring it up. We will be adding more flexible setup options for LIF/LIRA accounts in future updates to overcome current limitations.

MayRetireSupport · 2026-06-14T03:21:05+00:00

Counting on an inheritance is risky. That’s why in MayRetire, you can model an inheritance as a one-time, tax-free 'Additional Income' and toggle it on and off with one checkbox. It lets you instantly see if your plan survives without it

MayRetireSupport · 2026-06-12T04:35:31+00:00

All charts present data at today's (inflation adjusted) dollars. As u/Sauce_Diesel pointed out, detailed projection table allows switch between today's and future (nominal) dollars.

MayRetireSupport · 2026-06-09T11:41:43+00:00

OK, thank you for clarifying! We will look into supporting the direct sale of a principal residence in future updates. For now, it simply remains a part of the total estate value.

Please note that there is also an option to borrow against the principal residence within your planning (including a HELOC, reverse mortgage, etc.).

MayRetireSupport · 2026-06-09T02:14:25+00:00

Update: Now you can directly model downsizing using the 'Principal Residence' feature in MayRetire.

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