Personal Information
The Personal area of the Financial Analysis Overview document focuses on various stages of your client’s life and the year each stage begins
Assumptions
The Planning Assumptions section outlines RazorPlan Methodology and Index Assumptions.
The index assumptions can be changed as follows…
Tax Rates
Tax Efficiency (pre-retirement) – Value entered in Step 5: Plan Assumptions; Risk/Return
Tax Efficiency (post-retirement) – Value entered in Step 5: Plan Assumptions; Risk/Return
Income Splitting Efficiency – Value entered in Step 5: Plan Assumptions; Income Splitting
Top Marginal rate of tax in province – This rate is determined based on the Province entered when creating a client or under Step 1: Personal Information; Address
Top Corporate tax rate on Investment Income – This rate is determined based on the Province entered when creating a client or under Step 1: Personal Information; Address
Average Growth Rates
Rate of Inflation – Value entered in Step 5:Plan Assumptions; Indexing
Average Return on Non-Registered/TFSA – Value entered in Step 5: Plan Assumptions; Risk/Return
Average Return on Registered Investments – Value entered in Step 5: Plan Assumptions; Risk/Return
Real Estate Growth Rate – Value entered in Step 5:Plan Assumptions; Indexing
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