Complete the client inputs
Enter the client's age, retirement age, average T4, RRSP balance (and years of past practice for the setup scenario) to generate the comparison. Advisor-only assumptions all have sensible Ontario defaults.
Once your T4 from the corporation passes roughly $100K, an Individual Pension Plan can shelter materially more than an RRSP — and let the corporation claw back and deduct years of past service. This tool runs the IPP and RRSP-only paths side by side: the first-year tax deduction, the wealth gap at retirement, and what each leaves to your estate.
This tool is for illustration purposes only and does not constitute financial, tax, or actuarial advice. Actuarial figures are simplified; a certified IPP actuary must provide precise numbers before a plan is established. Actual results will vary based on market conditions, tax rules, contribution limits, and individual circumstances. Consult a qualified professional before making decisions.