Hi everyone,

The response to the press attention mentioned in my last two announcements has been phenomenal and has kept me very busy answering questions from new users. But I've also made improvements to the MoneyReadyApp over the last couple of months that I'd like to share with you today.

  1. SCANs can now be run with the Withdrawal Optimizer. This makes it possible to make sure your after-retirement withdrawal strategy is optimal for any value of the parameters being scanned.
  2. It also makes it possible to determine the best withdrawal strategy that also considers the depletion from CCPC investment accounts by performing a SCAN on the Optimized Dividend INCOME from the CCPC. This is a feature I've gotten a lot of requests for from business owners. 
  3. If you have a CCPC, the value of the CCPC at death is now shown in your list of saved runs so you can easily consider the value of both your CCPC and personal estate when comparing runs.
  4. Using a younger spouse’s age to calculate the minimum required RRIF/LIF withdrawals is usually beneficial so we had made it the default behavior, but it is now optional. For accounts where that may be applicable, Edit the Account Properties until it asks you whether to use the younger spouse’s age. Uncheck the box if you want the account’s owner age used to determine the minimum withdrawal.
  5. The 100 Monte Carlo simulation results now display how many of the samples did not have a cash-flow problem.
  6. We now consider Preferred shares as having their own separate asset allocation separate from Equities (common shares). With the rise of Crypto ETFs, we also allow an asset allocation to Crypto (previously "Other") for these. Default rates for these asset classes have been added.
  7. We are getting ready to capture Second Additional Contributions to CPP and QPP which started in 2024. The TIME MACHINE has always calculated those in the future, but as of 2025, we will need to capture the past contributions (from 2024 on). You will see some changes to your CPP and QPP contribution tables.

As always, the details are in the MoneyReady App eBook and appropriate Help pages. Let me know if you have any questions or suggestions.

And I want to extend a warm welcome to all our new users!