---
title: "Canadian Retirement Withdrawal Planning Software | Optiml"
url: https://optiml.ca/go/retirement-withdrawal/
description: "Retirement withdrawal planning software for Canadians. Optiml models RRSP meltdown, RRIF conversion, withdrawal order, and year-by-year drawdown across every account. 14-day free trial."
---

# Retirement Withdrawal Planning, Year by Year. Built for Canadians.

Optiml is Canadian retirement withdrawal planning software for savers who need a year-by-year drawdown plan across Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), Registered Retirement Income Funds (RRIFs), Canada Pension Plan (CPP), Old Age Security (OAS), and non-registered accounts.

**This page is for withdrawal/decumulation intent**, not general DIY retirement software shopping (see /go/retirement-planning-software-canada/) and not broad tax planning (see /go/retirement-tax-optimization/).

**Trust signals:** 4.8 / 5 average rating · BBB A+ · 150,000+ retirement plans run · Canadian data storage · PIPEDA compliant.

## You spent 30 years building it. Now you need a plan to draw it down.

Most retirement advice focuses on accumulation. Decumulation is different: withdraw in the wrong order and you may overpay tax; withdraw too aggressively and you risk outliving your savings. The RRIF tax cliff at 71 catches Canadians who did not plan ahead. Optiml coordinates RRSP Meltdown, RRIF conversion timing, TFSA top-ups, and CPP and OAS timing in one year-by-year plan.

## Every withdrawal-planning outcome Optiml models

- **The optimal withdrawal order.** Sequencing across RRSP, TFSA, RRIF, non-registered, and corporate accounts (Withdrawal Optimizer).
- **RRSP Meltdown, three approaches.** Conservative, moderate, and aggressive paths with trade-offs in tax, income, and what you leave behind.
- **RRIF conversion timing.** Optimal conversion age based on your income picture and OAS clawback exposure.
- **CPP and OAS timing as a withdrawal lever.** Every age combination from 60 to 70 (CPP & OAS Optimizer).
- **Tested against bad years.** Success Score stress-tests your plan across Monte Carlo paths (0 to 100).
- **What you leave behind.** Estate Projector shows projected balances at horizon after withdrawals and taxes.

## How it works

Three steps. You stay in the driver's seat. Get your first withdrawal plan up and running quickly, then add detail to fine-tune as you go. Re-run in seconds when life changes.

1. **Input your full picture.** Accounts, real estate, pensions, CPP and OAS situation, your partner's plan, and lifestyle spend. Most Canadians get their first plan running in 15 to 45 minutes, depending on complexity. Start with the essentials and fine-tune with more detail anytime. Optional direct bank account linking on Pro+.
2. **Pick your strategy. Optiml models every withdrawal year.** Choose what you want to optimize toward: increase after-tax estate, build a plan to spend it all, minimize lifetime tax, or fully customize your plan. Withdrawal order, amounts, taxes, balances, RRIF conversion, and CPP and OAS timing are all coordinated against Canadian rules.
3. **You drive the plan.** Adjust spend, test scenarios, and compare RRSP Meltdown approaches. Add more detail over time to fine-tune, then save the plan you want. Optiml then gives you your action plan, showing exactly how to achieve your goals.

## Rule of thumb, advisor, or Optiml

| | Rule of thumb | Financial advisor | Optiml |
|---|---|---|---|
| Cost | Free, generic | $3,000-$5,000/year | $249/year (most popular) |
| Withdrawal order | 4% rule, etc. | Often opaque | Optimized for your plan |
| RRSP Meltdown | Not modelled | Sometimes discussed | Three approaches, modelled |
| RRIF timing | Age 71 default | Age 71 default | Optimal for your tax picture |
| Stress-tested | No | Sometimes | Yes, Monte Carlo |
| Year-by-year plan | No | Sometimes | Always |

## Frequently asked questions

### What is RRSP Meltdown?

Withdrawing from your RRSP before age 71 to reduce the RRIF tax cliff. Optiml models conservative, moderate, and aggressive approaches so you can see trade-offs.

### When do I have to convert my RRSP to a RRIF?

By the end of the year you turn 71. RRIF minimums then force annual withdrawals that can push you into a higher bracket without planning.

### What's the optimal withdrawal order?

No universal answer. Optiml's Withdrawal Optimizer sequences every account year by year for your situation.

### Can Optiml model my plan against bad markets?

Yes. Success Score runs Monte Carlo paths and returns a resilience score out of 100.

### Will Optiml tell me how much I can spend each year?

Yes. Year-by-year projections show supported income; Compare Plans handles what-ifs.

## Pricing

All paid plans include a 14-day free trial in CAD. See https://optiml.ca/pricing/ or the live pricing cards on https://optiml.ca/go/retirement-withdrawal/

Start a trial: https://app.optiml.ca/?signup