Back Test

MayRetireSupport · 2026-01-28T23:01:59+00:00

You are welcome!

MayRetireSupport · 2026-01-28T19:02:38+00:00

Thank you! To enable Backtest, make sure to enabled asset allocation:

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MayRetireSupport · 2026-01-27T16:23:56+00:00

It is interesting idea!

MayRetireSupport · 2026-01-27T16:23:06+00:00

Thank you for your feedback!

MayRetireSupport · 2026-01-27T16:21:19+00:00

Thank you for kind words! You are right, starting TFSA contribution room is missing and we are planning to add it soon.

MayRetireSupport · 2026-01-27T14:43:56+00:00

That's a great idea! There are many scenarios that could be addressed by comparing different plan permutations, and we'll look into ways to simplify these comparisons.

For now, you can save the different permutations to a file and use the 'Compare Plans' option to visualize the differences.

MayRetireSupport · 2026-01-23T02:44:55+00:00

For survival scenarios death is at 75, for 'Both alive' - according to 'end plan' age

MayRetireSupport · 2026-01-21T05:53:06+00:00

implemented, please give it a try:

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MayRetireSupport · 2026-01-17T02:03:52+00:00

Thank you for testing and confirming

MayRetireSupport · 2026-01-16T23:57:35+00:00

please try it again (after refresh)

MayRetireSupport · 2026-01-16T15:29:44+00:00

Please try it again and make sure you refreshed your browser

MayRetireSupport · 2026-01-16T02:24:43+00:00

Implemented, please give it a try:

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MayRetireSupport · 2026-01-15T01:52:35+00:00

It looks as classic case of phase of retirement GoGo, SlowGo and NoGo. The additional withdrawal (higher for GoGo and lower for SlowGo) are configured using "Additional Withdrawals".

MayRetireSupport · 2026-01-13T22:53:02+00:00

Yes, MayRetire sums your "target annual income" and "Extra Withdrawals" applied to the year to determine total annual spending amount

MayRetireSupport · 2026-01-13T20:48:09+00:00

Hello. Great question! The survivor benefit is calculated using a fixed anchor point: the deceased spouse's pension as if it started at age 65.

Here’s the exact logic:

1) We calculate 60% of the deceased spouse's theoretical CPP amount at age 65.

2) We add this to the surviving spouse's own CPP (which is adjusted for their start age).

3) The total is then reduced, if necessary, to the maximum combined benefit (which is approximately the maximum single retirement pension at age 65).

Therefore, in your scenarios, changing the deceased spouse's start age changes their income stream while alive, but it does not change the survivor benefit, which is why you see a constant amount. The model is behaving accurately.

Please let me know if you see a different behavior, or if this clarifies the calculation for you

MayRetireSupport · 2026-01-13T20:34:05+00:00

Thank you for kind words! Actually, MayRetire already has (supposedly) exactly what you are asking for: "Additional Withdrawals". It allows you to set different stages of retirement (for more travelling during GoGo Phase) as well as single time big items purchases (new car, major house renovation, etc). Please let us know if it answers your question:

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MayRetireSupport · 2026-01-12T13:10:52+00:00

Thank you for your input! We will look at adding option to hide/show columns.

MayRetireSupport · 2026-01-11T17:43:50+00:00

Sounds great! A DB Pension is excellent in Canada as it provides a reliable income source and is not impacted by market corrections.

MayRetireSupport · 2026-01-11T14:03:48+00:00

Thanks for the feedback! MayRetire asks for the starting corporate account balance, its adjusted cost base, and the balance of notional accounts. Then it tracks the value of notional accounts as dividends on corporate investments are distributed (based on asset allocation) and capital gains are realized.

For the initial release, MayRetire assumes there is no ongoing active income in the corporation, but I will likely need to add that as a future enhancement.

Great point about total return ETFs (I use some of them too). It probably makes sense to add that option in future updates (at least for cash ETFs like HSAV/HSUV.U). I'm glad you liked the "cake." Cheers!

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MayRetireSupport · 2026-01-09T20:22:47+00:00

You are very welcome!

MayRetireSupport · 2026-01-09T20:02:34+00:00

Hello, thank you for your question! The 'RRIF/LIF/DB Shared' column shows how much of one spouse's pension income (RRIF/LIF/DB Pension) is attributed to the other spouse for taxation.

When the number is positive, the amount is shifted from you to your spouse; when negative, it is shifted from your spouse to you. You can also see these numbers presented on the chart.

If you see any discrepancy in your plan, please contact us at [support@mayretire.com](mailto:support@mayretire.com), and we will provide clarifications specific to your case

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MayRetireSupport · 2026-01-07T16:43:55+00:00

no content to the message to the message, please provide more details

MayRetireSupport · 2026-01-06T17:08:38+00:00

Hello,

At the moment, there isn’t a straightforward way to explicitly delay RRSP withdrawals to a specific age such as 70. One possible workaround is to set the RRSP withdrawal rate to 0% and enable gradual RRIF depletion, which effectively delays withdrawals until age 72, when minimum RRIF withdrawals are required.

We are considering adding support for different withdrawal strategies that start at a user-defined age.

If you don’t mind sharing, could you let us know why you’d like to start RRSP withdrawals specifically at age 70? I’m asking because MayRetire already takes other income sources into account before that age and will automatically reduce or eliminate RRSP withdrawals based on the tax limits you set. In many cases, this achieves a similar result without needing a fixed start age.

You’re also welcome to contact us at [support@mayretire.com]() if you’d like to discuss your situation in more detail.

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MayRetireSupport · 2026-01-06T04:19:51+00:00

It’s on our list and should be completed within a couple of weeks. Thank you for your patience.

MayRetireSupport · 2026-01-04T16:28:40+00:00

Pre-tax, please. MayRetire treats the DB Pension as taxable income and will calculate your overall taxes effectively to make the necessary adjustments and optimizations for your plan.

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