Solver Settings

Solver Settings control how the software will access and utilize certain data points.

Solve RRIF: This field allows you to give the software the ability to automatically draw on RRIF and Locked-In Plan assets to fill deficiencies in retirement. If set to ‘No’, the software will be limited to drawing minimum amounts only, even if deficiencies exist. If set to ‘Yes’, the software will be able draw on these assets over the minimum when needed (up to defined maximums).

Solve Corporate: This field allows you to give the software the ability to draw on Corporate Investment & Securities in retirement. If ‘Yes’ is selected, the software will automatically create a dividend to utilize RDTOH (Refundable Dividend Tax on Hand) each year, beginning with the first year of retirement. The software will also utilize principal amounts to generate dividends to offset deficiencies in retirement when required. If ‘No’ is selected, the software will treat all Corporate Investment & Securities as fixed assets and will not be able draw down these assets to fund deficiencies in retirement.

Monthly LOC: This field allows you to specify static Lifestyle Line of Credit amounts to draw each month of retirement. This is most applicable while demonstrating an Insured Retirement Plan strategy. The software will track and display a leveraged withdrawal, but will not physically tie the leveraged amount to any one fixed asset. This allows you to demonstrate the ability to borrow against fixed assets for discussion purposes.