Retirement Tax Planning Software for Canadians. Modelled, Not Guessed.
Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), Registered Retirement Income Funds (RRIFs), Canada Pension Plan (CPP), Old Age Security (OAS), pension splitting, OAS clawback. Optiml models the tax-efficient path across every account, year by year.
4.8 / 5 average rating · BBB A+ · 150,000+ retirement plans run · PIPEDA compliant — AES-256 encryption; AWS Canadian data center
Cancel anytime in-app.
As featured in the Globe and Mail
As featured in the Financial Post
BBB A+
PIPEDA compliant — AES-256 encryption; AWS Canadian data center
The hidden cost in retirement
The biggest hidden cost in retirement isn't fees. It's tax.
Most Canadians focus on returns and fees, while the largest controllable cost across a 30-year retirement is often lifetime tax. The RRIF tax cliff, OAS clawback, withdrawal-order mistakes, and sub-optimal CPP timing stack up. There is no single rule of thumb: tax-efficient retirement depends on your full picture. Optiml models the tax-efficient path across every account, every year. You see the tax your current plan is projected to pay and the strategy that may reduce it.
Every tax lever in one model
Every tax outcome Optiml models for your retirement.
Tax planning software for individuals in Canada should show the levers, not just a single filing-year snapshot. Optiml projects federal and provincial tax across your full horizon.
Avoid the OAS clawback
The OAS Recovery Tax applies above the income threshold (about $93,000 in 2026). Optiml models your income year by year and shows withdrawal strategies that keep you below the clawback floor where possible. Powered by the OAS Clawback projection.
Find your optimal CPP and OAS age
When to take CPP and OAS depends on your tax bracket, longevity, and other income. Optiml runs combinations across ages 60 to 70 and shows the optimal start ages for your situation. Powered by the CPP & OAS Optimizer.
Optimize the order you withdraw
The wrong sequence can cost tens of thousands in lifetime tax (illustrative). Optiml sequences withdrawals across RRSP, TFSA, RRIF, and non-registered accounts to minimize total tax paid every year of retirement. Powered by the Withdrawal Optimizer.
Defuse the RRIF tax cliff
Mandatory RRIF withdrawals at 71 push many Canadians into a higher bracket and toward OAS clawback. Optiml models RRSP Meltdown strategies across conservative, moderate, and aggressive approaches so you can flatten the cliff. Powered by RRSP Meltdown.
Split pension income with your partner
Pension income splitting can shift up to 50% of eligible income to a lower-earning spouse, lowering combined tax. Optiml models couples together, including spousal RRSP optimization. Powered by couples planning.
See your lifetime tax projected
Optiml projects total federal and provincial tax you may pay across every year of retirement. You see what your current plan is projected to cost and what an optimized plan may cost, based on your inputs.
Cancel anytime in-app.
How it works
Three steps. You stay in the driver's seat.
Get your first retirement tax plan up and running quickly, then add detail to fine-tune as you go. Re-run in seconds when life changes.
Input your full picture.
Income, accounts, real estate, pensions, and your partner's plan. 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+.
Pick your strategy. Optiml models the tax-efficient path.
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. Federal and provincial brackets, RRIF minimums, OAS clawback thresholds, and pension splitting applied year by year.
You drive the plan.
Compare scenarios, test what-ifs, and see the projected tax difference. 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.
Spreadsheet, tax accountant, or software
Three ways to plan retirement tax. Pick the one that fits.
Most Canadians comparing tax planning software in Canada are choosing between a spreadsheet, a tax accountant, and software like Optiml.
| Feature |  | A spreadsheet | A tax accountant |
|---|---|---|---|
| Cost | $249/year (most popular plan) | Free, but hours of math | $300 to $1,500 a year per consultation |
| Scope | Every year of retirement | One year at a time | The year you are filing |
| Canadian tax math | Live 2026 brackets, every province and territory | You build it | Yes, for the current return |
| OAS clawback modelled | Always, year by year | If you build it | Sometimes |
| CPP/OAS timing | Every age combination | If you build it | Rarely |
| RRSP meltdown modelled | Yes, three approaches | Rarely | Rarely |
| Updates | Always current | Stale within a year | Annual at best |
| Who drives the plan | You | You | Them, when you ask |
Real Stories from Real Canadians
Thousands of Canadians are already using Optiml to take control of their retirement. Here is what they have to say.
"
"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."
JW
JMW
Google Review
1 / 33
"
"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."
JW
JMW
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."
AM
Ale MC
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."
KM
Karen Marshall
Google Review
"
"Best DIY retirement planning software and absolutely incredible support for any questions."
ED
Elias Daskalakis
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."
SH
Stephen Hamada
Google Review
"
"Great piece of code / platform. Go blow the doors off the establishment!"
DH
Derek Hulbig
Google Review
Page 1 of 6
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.
Built to carry you forward.
Your plan is stress-tested across market downturns, rising inflation, and varying returns. See the odds your income holds up, year by year, modelled against thousands of market paths.
More for your family.
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.
Frequently asked about retirement tax planning
Questions tax-aware Canadians ask before choosing Optiml.
Simple Canadian pricing
Pick a plan and start your 14-day free trial.
All plans are in Canadian dollars. Every plan includes a 14-day free trial, and you can cancel anytime in-app.
Monthly
Annual
Save up to 20%Essentials
Peace of mind, simplified.
$99
/yr
Save 20%
✓
Retirement calculator
✓
Tax-optimized strategies
✓
Eva: Your AI assistant
✓
Deposit & withdrawal strategy
✓
Estate planning
Pro+
Most popular for serious planners.
$249
/yr
Save 20%
✓
Everything in Essentials
✓
CPP / OAS optimizer
✓
Success score
✓
Compare plans
✓
Save & store 20 plans
✓
Download plans
Legacy
Built for business owners.
$499
/yr
Save 20%
✓
Everything in Pro+
✓
Trust planning
✓
Holding Company (HoldCo)
✓
Operating Company (OpCo)
✦ Every plan includes a 14-day free trial
View full feature comparison →
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
See the tax you're set up to pay. Then see how to pay less.
4.8 / 5 average rating. 150,000+ retirement plans run. 14-day free trial on every plan.
Cancel anytime in-app.
Cancel anytime in-app.