Helpful Sites

My Tools and Services!

Simple Excel Dividend-Income-Tracking-Tool-version-2020-09-28

Need help with any retirement or Cashflow and Portfolio projections for your retirement?

Contact us here!

Cashflows & Portfolios

 

Canadian Dividend Stock Tools:

Look no further this site (tsx.exdividend.ca) to sort and filter dividend stocks in our Canadian market. 

 

Financial Independence Calculators:

When can you consider yourself financially independent? This tool will tell you!

When can I retire calculator

Want to know how long your money might last – using Monte Carlo simulations? Check out FIRECalc.

Example:

“FIRECalc looked at the 110 possible 40 year periods in the available data, starting with a portfolio of $1,250,000 and spending your specified amounts each year thereafter.

Here is how your portfolio would have fared in each of the 110 cycles. The lowest and highest portfolio balance at the end of your retirement was $-1,401,172 to $15,513,124, with an average at the end of $3,072,711. (Note: this is looking at all the possible periods; values are in terms of the dollars as of the beginning of the retirement period for each cycle.)

For our purposes, failure means the portfolio was depleted before the end of the 40 years. FIRECalc found that 16 cycles failed, for a success rate of 85.5%.”

FIRECalc

Morneau Shepell has a decent Retirement Income for Life calculator here.

Not sure how to visualize your portfolio or backtest portfolio returns?  This site is one the best I’ve seen at this – and it’s FREE.  Check out Portfolio Visualizer.

This is my go-to RRSP calculator here.

Vanguard has an excellent retirement nest egg calculator.

Vanguard Retirement Calculator

Here is an excellent TFSA calculator here showing how to generate a $1 million portfolio tax-free.

Another powerful and simple TFSA calculator thanks to Wealthsimple.

TFSA Calculator Wealthsimple

 

How Much Are You Paying (and losing) in Fees?

This is a great, FREE calculator to highlight the terrible damage that high-fund fees do to your portfolio.

 

Retirement Draw Down Calculators:

Here is a blogpost about Variable Percentage Withdrawal (VPW) and a link to a FREE portfolio draw down tool here.

Here is an excellent RRSP/RRIF withdrawal calculator.

Need a LIF payment calculator? Moving your LIRA to LIF? See what those payments could be here.

Try this great retirement calculator here for any drawdown plans.

Need to figure out your Foreign Withholding Taxes (FWT) when it comes to your ETFs? PWL Capital built one.

 

Need a Canada Pension Plan (CPP) calculator? A free one?

Visit this site Holy Potato aka John Robertson who updates his CPP calculator annually. Great stuff John!

 

Government of Canada Calculators:

I like this Government of Canadian Retirement Income Calculator.

Thanks to Holy Potato here is a free Canada Pension Plan calculator.

Got a defined benefit pension? Need to know your pension adjustment (PA) for RRSP contribution room? Find out more here. 

 

Adjusted Cost Base Calculators:

Need to keep track of your Adjusted Cost Base in a non-registered account?  Use this free Adjusted Cost Base calculator.

 

Mortgage and Debt Calculators:

This is one of the best rent versus buy home calculators I’ve used, thanks to the New York Times.

Here is another worthwhile debt consolidation calculator. 

 

Mortgage Comparison Sites:

RateSpy.com is one of my go-to sites for mortgage rates.

 

Tax Help:

I tend to giveaway online promo codes to use TurboTax Canada every year. Stay tuned for my upcoming annual giveaway!

I’m a huge fan of this free site for tax information:  TaxTips.ca

 

Check out these great Canadian resources below:

Ratehubcompare mortgages, credit cards, insurance and more!

MoneySense – regular features and expert insights on family financial planning, investing, real estate, travel, retirement and more!

CreditCard Genius – my go-to site dedicated to comparing credit cards in Canada. 

EnergyRates.ca – unbiased insights comparing energy rates in BC, Ontario, Manitoba, Saskatchewan, Alberta and soon Quebec. 

 

Some great dividend sites I’ve enjoyed:

Sure Dividend – including this guest post about owning U.S. dividend aristocrats – should you own them?