Incomes
Note that CPP/QPP, OAS , and U.S Social Security pensions to you or your spouse are not, and should not, be included here, as they will be calculated separately (or entered in the Additional information screens under the TIME MACHINE tab if you have started these pensions). Also, do not enter withdrawals or investment income from your accounts here.
You should however add any and all taxable income earned by your dependents.
The table gives the list of your recorded sources of income in today's dollars. They should all have a start date and end date. If you have a source of income without an end date (a pension, for example), simply input a date past your expected lifespan.
If you started with the Simple Retirement Calculator on your first login, you may already have entered a pre-retirement income (if you're not already retired), and a post-retirement income. Make sure these incomes are set to the correct type. You can edit the income and select the correct type from the drop-down menu. If you have rental income, make sure to add your properties in REAL-ESTATE first. If you have income from a CCPC make sure the CCPC is added in your PROFILE first.
A graph shows the sum of all income over all dates as entered.
If parental leaves have been entered, the graph will also consider these.
If you have a CCPC,
You can add salary and dividend income from the corporation to yourself or your spouse or your dependents. Make sure you have entered sufficient REVENUES for the CCPC, or some will not be paid.
You should also add any dividends to be paid to other shareholders so that the notional tax accounts of the corporation will consider them for a more accurate tax calculation (salaries to Others should be deducted from REVENUES, but not salaries to yourself or spouse or dependents). Payments to Dependents and Others will be listed but ignored in the graph.