Spend with confidence. Modelled, not guessed.
Optiml answers the question that matters most in retirement. How much can you actually spend, every year, without running out, and how much more if markets cooperate.
125,000+ retirement plans run · 4.8 / 5 · PIPEDA compliant · Canadian data storage
14-day free trial. Cancel anytime in-app.
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✓
Safe spending floor set
✓
Upside scenarios modelled
✓
Success Score out of 100
✓
Recalculated as life changes
As seen in: Globe and Mail · Financial Post · Invest Nova Scotia · fintech.ca · Moolala Podcast
125,000+ plans run
4.8 / 5 rating
BBB A+
PIPEDA compliant
How Optiml builds the confidence
Confidence comes from 50 market scenarios, not one.
Every plan in Optiml gets a Success Score out of 100. It's a Canadian retirement resilience score, run on Monte Carlo, drawn from real historical Canadian and US market data.
50,000+ return paths generated
Optiml generates 1,000 possible return paths for each of 50 distinct market scenarios, drawn from historical Canadian and US bond and equity returns. That's over 50,000 paths in total. The 50 tested against your plan are calibrated to span the realistic range of bad, average, and good market environments.
Stress Test Results
87
/100
43 of 50 scenarios passed
Strong PlanYour full plan stress-tested
Each scenario runs your specific plan from today through life expectancy. Your accounts, your CPP and OAS timing, your spouse, your province, your spending pattern. Not a 60/40 demo portfolio.
Score out of 100
Your Success Score is the percentage of those 50 scenarios where your plan fully funds the retirement lifestyle you asked for. 100 means every scenario worked. A lower score tells you exactly which environments your plan is sensitive to, so you can adjust before the math has to.
What Optiml does for the spending question
Six pillars of a confident retirement spend.
Not a generic withdrawal rate. Your accounts, your tax brackets, your CPP and OAS timing, your spouse, your province. Re-run it any time something changes.
Success Score
Your retirement resilience score, out of 100. Built on Monte Carlo across 50 market scenarios drawn from over 50,000 generated return paths. Available on Pro+ and Legacy.
Monte Carlo stress test
Every plan is tested against bad-market, average, and good-market environments using historical Canadian and US bond and equity data. The floor you see is a floor that has held across the test set.
What-if scenarios
Spend $10K more this year. Buy the boat at 64. Help with a down payment at 70. Optiml re-solves the plan instantly so you can see the spending impact across the full horizon, not just this year.
Compare Plans
Save up to 20 plans on Pro+ and Legacy and compare side by side. Retire at 60 vs 65. Spend more early vs evenly. Drawdown order A vs B. The numbers are right next to each other.
Withdrawal sequencing across every account
Every Optiml plan determines the optimal year-by-year decumulation sequence across RRSP, RRIF, TFSA, LIF, non-registered, and corporate accounts to minimize lifetime tax. Inherent in every tier.
Eva, your in-app AI assistant
Ask 'what if I spend $5,000 more on travel this year?' in plain English. Eva is grounded in your own plan and built on Google Gemini. Available on Pro+ and Legacy.
14-day free trial. Cancel anytime in-app.
Two ways to answer the spending question
Guess and hope. Or your Optiml-modelled spending number.
Guess and hope
DIY SPREADSHEET
Hope
single rate-of-return assumption
- One average return baked into every year
- No volatility test, no bad-market dry run
- No clear answer to what you can spend this year
- Static once it's built, never re-solved
- Confidence comes from the spreadsheet feeling, not the math
Optiml-modelled spending
BUILT FOR YOU
/100
Success Score, retirement resilience
- Safe spending floor that holds in 50 market scenarios
- Upside number for years where markets cooperate
- Year-by-year withdrawal sequencing across every account
- Recalculated instantly any time your situation changes
- Eva can answer 'what if I spend $5K more this year' in plain English
Illustrative example. Your results are unique.
The Canadian rules a confident spend has to model
What separates a spending number from a spending guess.
A confident spend only holds if every neighbouring CRA rule is modelled at the same time. Optiml builds them in.
RRIF minimum withdrawals
Optiml models the federal RRIF minimum schedule from 71 onward, so the spending number accounts for income that has to come out whether you want it or not.
CPP and OAS as the income floor
Canada Pension Plan and Old Age Security form a guaranteed lifetime base under your spending number. Optiml solves the optimal start age across every option from 60 to 70, together with the rest of the plan.
OAS clawback ceiling
Optiml keeps modelled income below the Old Age Security recovery threshold so your upside spending year doesn't accidentally cost you OAS instead.
Pension income splitting
From 65, RRIF and LIF income can be split between spouses for tax purposes. Optiml applies the split automatically and rebalances the household tax bill year by year.
Provincial bracket lines
Federal and provincial brackets are merged into a single boundary set so the spending plan never accidentally tips you into a higher rate when you didn't have to.
LIF and corporate accounts too
Locked-in funds and corporate accounts sit inside the same spending plan. On the Legacy tier, CCPC and HoldCo dividends are modelled in the same yearly picture.
What Optiml Actually Gives You
Not features. Outcomes.
Behind every tool is a feeling. Confidence. Clarity. Control. Here is what Optiml is really built to give you.
Yes, you can retire.
Stop wondering if you have enough. Optiml runs your complete financial picture and gives you a clear, honest answer backed by math, not guesswork.
You won't outlive your money.
Your plan is stress tested across market downturns, rising inflation, and varying returns. Know that your income holds up no matter what the market does.
More for your family, less for the CRA.
Optiml models the most tax efficient way to pass on your estate. Avoid unnecessary tax liabilities so your beneficiaries keep what you worked hard to build.
Your plan, on your terms.
Update your financial plan from home. No calls, no emails, no waiting. Make a change and see the impact in seconds. You are in control, always.
Know exactly what to draw, and when.
Get a year by year withdrawal roadmap showing which account, how much, and in what order. No spreadsheets. No guessing. Just a clear path through retirement.
See your tax picture, start to finish.
Watch how your tax liability evolves through every stage of retirement. Identify the windows where smart moves make the biggest difference.
What Canadians say about Optiml
From Canadians who built their spending number in Optiml.
“Loving the independence and education that Optiml is giving my husband and me as we prepare for retirement. With Optiml's clear visual dashboards, it's the first time we have felt we can understand and take ownership of a draw-down strategy. We got this!”
Karen R., Alberta
“Finally found a retirement planning tool that takes into account all aspects of my financial situation. The tax optimization features are incredible!”
Robert P., Edmonton AB
Frequently asked about spending in retirement
Questions Canadians ask before they spend.
Built in Canada
“We built Optiml to empower Canadians to build their own financial plans and gain the confidence to make informed decisions about their financial future.”
Zac Davies
Co-Founder & CEO, Optiml
Headquartered in Halifax, Nova Scotia
Finally know your real spending number in retirement.
14-day free trial on every Optiml tier. Plans from $9.99 / month. Cancel anytime in-app.
14-day free trial. Cancel anytime in-app.
14-day free trial. Cancel anytime in-app.