How it Works Features Strategies Resources Optiml lite Pricing For Advisors

See exactly when you can retire, and how much you can spend.

Name: Optiml
Availability: OnlineOnly
Rating: 4.9 (30 reviews)
Author: Optiml

Optiml is retirement planning software for Canadians. It models your whole retirement, then finds the withdrawal order, CPP and OAS timing and tax moves that get you the most from what you have saved.

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Try Optiml Lite free

Traditional plans follow a script. Optiml follows you.

Change one decision and see what it does to your whole retirement in seconds.

What if we retire at 62?

Couple, both 58 · $1.2M saved

Income after tax

$7,850/mo

Saved at retirement

$1.50M

Retirement age

See how what-if planning works

Total Control. No Compromises.

It's your future, take the wheel. Run every scenario that matters to you, see the numbers shift in real time, and move forward with complete confidence.

Your goals, your timeline, your life. Optiml builds a plan around all three, and lets you change any of them whenever you need to.

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Questions people ask

Compare plans

Current plan

Downsize at 63

Success Score

up 4 pts

Spending in your 60s

$7,850/mo

$8,250/mo

up $400/mo

Left at 95

$300K

$560K

up $260K

RRSP meltdown: three paths

RRSP balance by age

60657075808590

Moderate empties the RRSP by 73 and pays the least lifetime tax: $431K.

Stop Leaving Tax Money on the Table.

An RRSP meltdown strategy can save you tens of thousands in taxes, but only if you time it right. Optiml models conservative, moderate, and aggressive drawdown paths so you can see exactly which approach works best for you.

How the RRSP meltdown works

Goal-Based Optimization

A Strategy for the Life You Want.

There is no “right” way to retire, only the way that works for you. From minimizing taxes to maximizing your family legacy, Optiml gives you the tools to build a plan around your goals.

With Optiml

Without

Estate Goal

Maximize After-Tax Estate

Tell Optiml how much after-tax income you need each year. It secures your lifestyle first, then builds a mathematically optimized plan to leave the largest possible after-tax legacy to the people you care about.

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With Optiml

Without

Tax Goal

Minimize Lifetime Taxes

Tell Optiml how much you want in after-tax dollars each and every year of your plan. Your plan will develop a tax-efficient withdrawal strategy to ensure you pay the least amount of taxes over your lifetime.

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With Optiml

Without

Spending Goal

Maximize Retirement Spending

Spend more, worry less. Optiml designs a tax-efficient withdrawal strategy around one goal: maximizing your after-tax income each year so you can live your best retirement without ever running out of money.

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Your spending

Estate target

Set Estate Goal

Set Your Estate Target

Define exactly how much you want to leave behind in after-tax dollars. Optiml locks in your legacy goal and calculates the maximum you can spend throughout your lifetime, while confirming you will still hit your target.

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Strategic draw

No strategy

RRSP Strategy

RRSP Meltdown Strategy

Build your plan around your RRSP. Select between a conservative, moderate, or aggressive meltdown, or create your own custom strategy, to draw down your RRSP in a way that minimizes your tax hit over time.

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OAS preserved

Clawed back

OAS Strategy

OAS Clawback Reducer

If your primary focus is ensuring you receive maximum OAS payments each year, this is the strategy for you. Optiml builds a plan designed to avoid OAS clawbacks as much as mathematically possible, while still delivering the after-tax income you need each year.

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Swipe to see all 6 strategies

Estate

Spending

Tax

Build Your Own Custom Plan

Our optimized plans run the numbers and provide a math-based approach. Want to add your own touch? Input your own deposit and withdrawal strategy to build a plan exactly the way you want it.

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Built for every province and territory.

Your plan follows your province's tax rules. In Ontario, that means Ontario brackets plus two extras on top.

Ontario surtax
Ontario Health Premium
Ontario LIF limits, including the prior-year earnings rule

Optiml est disponible en français et en anglais.

4.9 out of 5 on Google

Real Stories from Real Canadians

Thousands of Canadians are already using Optiml to take control of their retirement. Here is what they have to say.

"Fantastic software, highly recommended for cash flow analysis and testing different retirement options. Very knowledgeable staff, quick and insightful responses to my questions."

Tracey Dey

Google Review

1 / 45

"Fantastic software, highly recommended for cash flow analysis and testing different retirement options. Very knowledgeable staff, quick and insightful responses to my questions."

Tracey Dey

Google Review

"Optiml is an outstanding Retirement Planning software! It provides professional tools and insights previously only available to "Fee for Service" retirement firms. Great product, great Customer Service, and great training resources available for retirement planning. A true Canadian success story!"

Don Cantwell

Google Review

"Impressive platform - it is so easy to use, very intuitive. And when I need help/clarification, EVA is great! I asked EVA several tough questions and she nailed them each time. Much cheaper solution compared to my financial advisor fees!"

Richard Lajoie

Google Review

"Very powerful tool. Now that I have started using it, I can't imagine doing my personal financial planning without it."

Christian Belisle

Google Review

"Prompt customer service reply to a misunderstanding I had to one of my inputs. Love the program and great YouTube videos."

N D

Google Review

"I wasn't ready to invest in a fee-for-service financial plan, but wanted to get some confidence on where we stood and what our retirement could look like. Optiml has been a great find and service to come across! I was able to run several different scenarios and see changes in real-time. Also, email support has been really responsive and helpful. I am very impressed with the interface, strategy options, optimizer functions, etc."

Jenny J

Google Review

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Professional Power. DIY Price.

Stop paying $3,000 for a one-time plan you cannot control.

Monthly

Annual

Save up to 20%

Essentials

Peace of mind, simplified.

$99

/yr

Save 20%

✓

Retirement calculator

✓

Tax-optimized strategies

✓

EVA: Your AI assistant

✓

Deposit & withdrawal strategy

✓

Estate planning

Start Free Trial

Pro+

Legacy

Built for business owners.

$499

/yr

Save 20%

✓

Everything in Pro+

✓

Trust planning

✓

Holding Company (HoldCo)

✓

Operating Company (OpCo)

Start Free Trial

Swipe to compare all 3 plans

✦ All plans include a 14-day free trial

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Questions about Optiml

The answers people look for before they start.

See all FAQs

How much does Optiml cost, and is there a free trial?

Optiml has three plans: Essentials at $9.99 a month, Pro+ at $24.99 a month and Legacy at $49.99 a month. Paying yearly costs $99, $249 and $499, about two months free. Every plan starts with a 14-day free trial with full access to that plan's features, and we email you a reminder 7 days before the trial ends. Cancel anytime. Compare plans

What is the difference between Optiml Lite and the free trial?

Optiml Lite is a free retirement calculator. Answer a few questions about your income, savings and spending and get a quick snapshot of whether you are on track. The 14-day free trial is the full Optiml plan you choose, with tax-optimized withdrawal strategies, what-if scenarios and EVA, your AI assistant. Try Optiml Lite

Is Optiml a financial advisor?

No. Optiml is retirement planning software. It models your whole retirement and shows you the strategy that best fits your goal, but it does not manage your money, sell financial products or recommend specific investments.

Where is my data stored?

Your data is stored in Canada, in Amazon Web Services (AWS) facilities in central Canada, and everything sent to and from Optiml is encrypted with 256-bit encryption. Read our security policy

How does Optiml optimize my retirement plan?

You choose the goal: spend more, retire earlier or leave more behind. Optiml models your retirement year by year, including taxes, CPP and OAS, and your RRSP, RRIF, TFSA and non-registered accounts, then finds the order of withdrawals and the timing that best meets that goal.

Can I use Optiml with my financial advisor?

Yes. You can build your plan in Optiml and review it with your advisor, and on Pro+ you can download your plan to share it. If you are an advisor, Optiml for Advisors lets you build and share plans with your clients. Optiml for Advisors