Your mortgage, HELOC and loans, planned with the rest of your retirement.

Yes. Add lines of credit, HELOCs, credit card balances and loans on the Debt page, and enter each mortgage with its property. Optiml works out the interest, the principal and the remaining balance every year, and your payments become part of what your plan has to fund.

It depends on your rate, your tax bracket and which account the money comes from. RRSP and RRIF withdrawals are taxable, so clearing a mortgage with them can create a tax bill of its own and move your income closer to the OAS recovery tax. In Optiml, add the payoff as a lump sum in the year you would make it, then put that plan beside one that keeps the mortgage.

Weigh your mortgage rate against the after-tax return you expect, then test it on your own numbers. Build one plan with lump sums on the mortgage and another that leaves the money invested. Compare Plans shows the two side by side, including the debt left at the end of each.

Yes. Every mortgage and debt in Optiml has an amortization schedule where you can set the interest rate year by year. Set a higher rate from your renewal year on, and Optiml carries it through your cash flow, your withdrawals and your taxes.

You tie each HELOC to a property in your plan. It is owned the way the property is, it follows the balance, payment and rate you enter, and if that property is sold, the HELOC is paid off from the sale in the month it sells.

Yes. Add it as a loan or a line of credit, say the interest is tax deductible, then choose the entire amount or a portion. For a portion, enter how much of the balance went into qualifying investments. Optiml takes that share of each year's interest off your taxable income.

You choose the year and the month of the sale. The home is held up to that month, its mortgage and costs for the sale year cover only the months before it, and your net proceeds are the sale value minus the remaining mortgage.

It can. Your plan has to fund the payments, and larger payments can mean larger withdrawals. Taxable withdrawals count toward net income, which is what the OAS recovery tax is measured on. Interest that is tax deductible, and mortgage interest on a rental property, lowers your taxable income.

A joint debt moves to the surviving spouse in the plan. Anything still owing at the end comes off the value of the estate, and Compare Plans shows it as End of Analysis Debt.

Yes. The Debt page and the mortgage on your home are on every plan. Mortgages on a cottage, land or a rental property come with those assets on Pro+ and Legacy, and Compare Plans is on Pro+ and Legacy.