Canadian Retirement Planning Software. Built to put you in control and help you Retire Better.
Model your full retirement year by year: when to take Canada Pension Plan (CPP) and Old Age Security (OAS), the order to draw your Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), and other accounts, and how much you can spend. Know what you can spend, and keep more of what you saved.
Cancel anytime in-app.
As featured in the Globe and Mail
As featured in the Financial Post
4.8 / 5 average rating
175,000+ retirement plans run
Data stored in Canada
Professional-grade planning
Professional-grade planning, in your hands
Optiml is professional-grade Canadian retirement planning software, built for you. It is so good that financial advisors are switching to it to build their client plans. But you do not need one to use it. Thousands of Canadians run their own retirement on the very same engine the professionals use, with the same depth and the same math. Start the full model with a 14-day free trial, or see how Optiml thinks first with Optiml Lite, free.
Optiml, full plan
14-day free trial
The complete model: withdrawal-order optimization, RRSP Meltdown strategies, the CPP & OAS Optimizer, Monte Carlo simulations, couples planning, and EVA, the AI assistant grounded in your plan. Cancel anytime in-app during the trial.
Optiml Lite
Free
A free Canadian retirement snapshot: enter the essentials and see your projected retirement picture. No credit card needed for Lite. The easiest way to see how Optiml thinks before you commit to anything.
Show the math
Three problems this software was built to solve.
Retirement tax planning software should show its work. Here is the math Optiml runs on your plan, year by year.
The math, No. 1
Minimize lifetime tax. Increase your after-tax estate.
The order you draw RRSP, Registered Retirement Income Fund (RRIF), TFSA, and non-registered accounts changes the tax you pay every year, and what your estate keeps. Optiml's Withdrawal Optimizer sequences withdrawals to minimize lifetime tax and increase after-tax estate, and RRSP Meltdown strategies (conservative, moderate, and aggressive) flatten the RRIF tax cliff at 71 before it arrives.
Default order
$1,262,000
Lifetime tax: $438,000
Optimized order
$1,334,000
Lifetime tax: $366,000
More of it stays yours.
Kept after tax
Lifetime tax
Canadians using Optiml have modelled 3 to 15% lifetime tax savings across their retirement horizon.
Projections depend on your inputs, accounts, province, and timeline. Modelled results are not guaranteed.
The math, No. 2
Time CPP and OAS. Stay clear of the OAS clawback.
The OAS Recovery Tax (the OAS clawback) applies above the income threshold, about $93,000 in 2026. Optiml projects your taxable income year by year against that floor and shows withdrawal strategies that keep you below it where possible. The CPP & OAS Optimizer then runs every start-age combination from 60 to 70 and shows the ages that fit your plan.
OAS clawback threshold (about $93,000 in 2026)
Age 66
$78,000
Age 67
$84,000
Age 68
$99,000
Age 69
$104,000
Age 70
$88,000
Age 71
$112,000
Hatched: projected income above the clawback threshold, before optimization.
Your threshold exposure depends on your income sources, account mix, and province.
The math, No. 3
The retirement calculator, for your whole plan.
A typical retirement calculator in Canada gives you one number from four inputs. Optiml runs Monte Carlo simulations that stress-test your entire plan across market scenarios and score it out of 100, recalculating whenever anything changes. It is the answer to "will this actually work?", not just "how much will I have?".
1,000 market scenarios, one score
0
/ 100
Optiml detected opportunities to increase your success rate.
Applied: optimized withdrawal order and CPP timing.
Monte Carlo score
Scored out of
100
Recalculated
On every change
Stress-tested across
Market scenarios
Your money, mapped
Every dollar, every account, every year.
Optiml maps your full cashflow and net worth across everything you own: investment accounts, real estate, and even corporate (CCPC) funds, projected across your whole retirement.
One year of retirement cashflow, mapped
The additional spending Optiml finds in your plan
Working years
Go-go years
Slow-go years
No-go years
55
60
65
70
75
80
85
90
95
Your planned spending
Additional spending Optiml found
+$11,700 more to spend, every year from 65 to 80
Net worth by account, age 65 to 95
Real estate
CCPC funds
Non-registered
RRSP / RRIF
TFSA
$1.9M
$1.85M
$1.77M
$1.67M
$1.57M
$1.49M
$1.43M
65
70
75
80
85
90
95
What your estate leaves behind, mapped
14-day free trial. Cancel anytime in-app.
Ask ORA
Any what-if scenario you want to model, Optiml can handle and optimize.
Retire at 58? Sell the rental at 70? Melt down the RRSP before OAS starts? Ask me about the scenario you have in mind and I will tell you exactly how Optiml models and optimizes it. Answers stream live, grounded in everything Optiml does.
ORA
Hi, I am ORA. I am here to answer any questions you have about Optiml.
And it does not stop here. Inside Optiml you get EVA, a built-in version of me, guiding you step by step so you always understand what you are looking at. EVA gives you personalized insights into your plan, explains complex structures in plain English, and works as your personal financial assistant, ready to answer your questions 24/7.
ORA uses AI to answer general product questions. For plan-specific insights, start your free trial and ask EVA inside Optiml.
Why Optiml vs the alternatives
Spreadsheet, calculator, advisor, or software. Pick what fits.
Most Canadians comparing retirement planning tools are choosing between a spreadsheet they maintain, a free online calculator, a financial advisor, and DIY software like Optiml. All four can work. Here is the honest comparison.
Optiml
A spreadsheet
A free online calculator
A financial advisor
Cost
Free (Lite), or $249/year for the most popular plan. Monthly billing available.
Free, but hours of math
Free
Fees or commissions, often 1%+ of assets per year
Scope
Every year of retirement, every account
As deep as you build it
One number from a few inputs
Depends on the advisor and mandate
Optimize Decumulation Planning
Year-by-year withdrawal strategy, optimized across every account
You build and maintain it
Usually simplified or absent
Yes, at their discretion
OAS clawback modelled
Always, year by year
If you build it
Rarely
Sometimes
CPP and OAS timing
Every age combination, 60 to 70
If you build it
Rarely
Sometimes
RRSP Meltdown
Optimized automatically
Manual and error prone
Not modelled
Sometimes
Who's in control of your Financial Future
You
You
Nobody
Them, when you ask
Cost
Optiml
Free (Lite), or $249/year for the most popular plan. Monthly billing available.
A spreadsheet
Free, but hours of math
A free online calculator
Free
A financial advisor
Fees or commissions, often 1%+ of assets per year
Scope
Optiml
Every year of retirement, every account
A spreadsheet
As deep as you build it
A free online calculator
One number from a few inputs
A financial advisor
Depends on the advisor and mandate
Optimize Decumulation Planning
Optiml
Year-by-year withdrawal strategy, optimized across every account
A spreadsheet
You build and maintain it
A free online calculator
Usually simplified or absent
A financial advisor
Yes, at their discretion
OAS clawback modelled
Optiml
Always, year by year
A spreadsheet
If you build it
A free online calculator
Rarely
A financial advisor
Sometimes
CPP and OAS timing
Optiml
Every age combination, 60 to 70
A spreadsheet
If you build it
A free online calculator
Rarely
A financial advisor
Sometimes
RRSP Meltdown
Optiml
Optimized automatically
A spreadsheet
Manual and error prone
A free online calculator
Not modelled
A financial advisor
Sometimes
Who's in control of your Financial Future
Optiml
You
A spreadsheet
You
A free online calculator
Nobody
A financial advisor
Them, when you ask
Respectful, factual comparison for orientation. A good advisor and Optiml also work well together: many Optiml users bring their plan to their advisor.
14-day free trial. Cancel anytime in-app.
Couples planning
Income splitting, calculated automatically.
When one partner's taxable income is much higher than the other's, the household usually pays more tax than it needs to. Optiml calculates how much eligible pension and Registered Retirement Income Fund (RRIF) income to split each year, within Canada Revenue Agency (CRA) limits, so the right amount lands on each return.
Two lower tax bills instead of one big one.
Before splitting
Estimated household tax this year
$28,400
$0 Less tax with Optiml's split
$0
You
$0
Your partner
$39,000 →
moved to your partner's return
RRIF withdrawals
Company pension
CPP & OAS
Other income
Split from your partner
Every eligible source
Up to half of eligible pension income can move between spouses: registered pension plan income at any age, and RRIF and annuity income from age 65. Optiml knows which sources qualify and when.
The right percentage, every year
The best split is rarely a flat 50%. Optiml recalculates the percentage year by year as your withdrawals, pensions, and government benefits change.
Built to cut the household tax bill
The calculation looks at both partners' federal and provincial brackets together, then shifts eligible income so the household keeps more after tax, not just one return at a time.
14-day free trial. Cancel anytime in-app.
Canadian to the core
Built for Canadian rules. All of them.
Your plan, under Canadian rules, in Canadian dollars.
Every Canadian account
RRSP, TFSA, First Home Savings Account (FHSA), RRIF, non-registered accounts, and pensions, modelled together in one plan.
Every CRA rule that matters
Live federal and provincial brackets for every province and territory, RRIF minimums, OAS clawback thresholds, and pension splitting, applied year by year.
Data stored in Canada
PIPEDA compliant, AES-256 encryption, hosted in an AWS Canadian data centre. Your plan stays in Canada.
Built in Halifax
Optiml is headquartered in Halifax, Nova Scotia. Built by Canadians who plan with the same rules you do.
"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
Simple Canadian pricing
Free to start. Clear prices after that.
All plans are in Canadian dollars. Every paid plan includes a 14-day free trial, you can cancel anytime in-app, and annual billing saves 20% versus monthly.
Optiml Lite
Free
No credit card needed
Your retirement snapshot.
Free retirement snapshot in minutes
Retirement readiness estimate
RRSP and TFSA projections
Personalized recommendations
Essentials
$99/yr
or $9.99 monthly
Peace of mind, simplified.
Retirement calculator
Tax-optimized strategies
EVA, your AI assistant
Deposit and withdrawal strategy
Estate planning
Pro+
$249/yr
or $24.99 monthly
Most popular for serious planners.
Everything in Essentials
CPP & OAS Optimizer
Monte Carlo simulations
Compare Plans
Save and store 20 plans
Download plans
Legacy
$499/yr
or $49.99 monthly
Built for business owners.
Everything in Pro+
Trust planning
Holding Company (HoldCo)
Operating Company (OpCo)
Real reviews
Canadians planning their own retirements.
"I love this software. It is so easy to use, and so intuitive. The scenarios and stress testing functions are great to give yourself a sense check. On top of this, the help desk is super responsive and seems to really care about what they do. Highly recommend."
JMW
Google Review
"Best DIY retirement planning software and absolutely incredible support for any questions."
Elias Daskalakis
Google Review
"Optiml has been incredibly useful, easy to use, full of insights and time saving (I used to try to do my own models on spreadsheets!). The truth is, I am not sure why everyone is not using this tool for their financial and retirement planning, and I recommend the platform anytime discussions on financial retirement planning come about."
Ale MC
Google Review
"I've been using Optiml Pro+ for DIY planning for almost a year now. I found the platform easy to navigate, and when I did have some questions they were very responsive and helpful. It is easy to test and compare various assumptions. They are continuously improving the platform with upgrades such as the cash wedge and scenario management features. Highly recommended."
Stephen Hamada
Google Review
"The real people customer support and technical teams at Optiml are fantastic, actually, second-to none! They respond quickly and accurately to help you work through any issues. EVA is really great also; she provides excellent details and helps with almost everything (and trust me, I ask a lot of questions!); if you're stuck though, or something doesn't make sense, the real people at Optiml are there to back her up within hours, not days."
Karen Marshall
Google Review
"Great piece of code / platform. Go blow the doors off the establishment!"
Derek Hulbig
Google Review
Frequently asked
Questions Canadians ask before choosing Optiml.
See your retirement, modelled. Year by year, in Canadian dollars.
4.8 / 5 average rating. 175,000+ retirement plans run. Free with Optiml Lite, or a 14-day free trial on every paid plan.
14-day free trial. Cancel anytime in-app.