Beaver FP

Financial Insights: new recommendations. Save in your RRSP or your TFSA, compared at the same cost after the tax refund; the withdrawal order that leaves you best off; pay a loan off faster, then save its payments; reinvest all of your retirement surplus; and when a working year falls short, the year, the cause and a fix you can apply. Retiring debt-free on a cheap mortgage now shows what it costs, so you can choose it knowingly. Switching what matters most re-prices the cards in place. Paid-Off Loan Payments: a new Plan Settings section puts a paid-off loan's payment onto your loans charging more than a rate you choose, highest rate first, then into savings. Financial Insights suggests the rate for your plan. Overrides: a contribution or loan payment can now be changed, not only added to, so you can pause a contribution or take a mortgage payment holiday. Moving savings into unused TFSA or RRSP room includes the tax on the gain and the RRSP refund. PDF report: sharp charts, every override and the plan settings that change results, and loan tables that add up. Calculation improvements: a loan paid off in the year of death includes that year's interest; a line of credit entered at $0 repays its advances; extra payments stop at the balance; a plan that runs short shows a goal under 100% and an estate of $0. Changing the plan start year now starts balances on January 1 and carries contribution room and overrides forward. If you changed your start year before, check your balances and contribution room against your statements. Also: help pages brought up to date, section headings on the Loan, Expense and Income screens, and changes are saved the moment you make them.