My Estate Value Calculator

The My Estate Value Calculator is a powerful analytical tool that will help you determine the value of your final estate as well as the total taxes that you will likely pay over your lifetime. Fill out the form below to assess your projected retirement readiness and get your estate health score.

The TriDelta Estate 100 - Help

Current Age

  • Your current age.

Sex

  • Male or Female.

Smoker

  • You would be considered a smoker if you smoked any cigarette, cigar, pipe, etc. in the past 12 months.

Retirement Age

  • This is the age at which you will retire and cease to generate Earned Income.

Earned Income

  • This would be your pre-tax income from employment inclusive of bonuses and commissions. If you own your own business, include dividends that you pay to yourself in addition to salary or commissions

Registered Investments

  • We are looking for the total value of all Registered Investments that you hold.
  • These would be all liquid investments in stocks, bonds, mutual funds, GICs, etc., that are held in a NON taxable account. Examples of these accounts would be RRSPs, RIFs, LIRAs, LIFs, and Defined Contribution RPPs and IPPs, etc.
  • In these accounts, you are not responsible to pay taxes on any income, dividends or capital gains earned on these investments, if they remain in the accounts. You would only pay taxes if you make a withdrawal from the account.

Non-Registered Investments

  • We are looking for the total value of all non-registered investments.
  • These would include all liquid investments in stocks, bonds, mutual funds, GICs, etc., that are held in a taxable account. This would also include any private company shares i.e Operating or Holding companies
  • In a non-registered account you would be responsible to pay taxes on any income, dividends or capital gains earned on these investments.
  • Sometimes these accounts are called Cash Accounts, Margin Accounts, Joint Accounts, etc.

Home Equity

  • This would be the current value of your house and other real estate minus any mortgages owing. For example, if you have a house worth $500,000, and hold a $200,000 mortgage, you would have $300,000 in home equity.

Annual Living Expenses

  • This represents all of the expenses you would spend in a typical year. Please do not include any investments or savings. Most people tend to underestimate this amount.  The calculator will index this figure by CPI until life expectancy.

Annual Pension Income (Exclusive of CPP and OAS)

  • Corporate Pension Income (Exclusive of CPP and OAS)
  • This is the annual amount that you would receive in pension from your former employer. Many of us do not have a Defined Benefit Pension (meaning a fixed amount every month). This is only for those who worked for many years with an employer that had this type of pension plan.

Your estate score is:

You are at some risk of outliving your money given the status quo. You should review your expenses for areas that you can cut back, and/or explore possible sources for additional income.

It looks like you will probably have enough money to cover your needs, but there is not a great deal of extra room. You must be fairly disciplined about your spending and maximizing income where possible.

You should have enough money to cover your needs, with a little flexibility. It is worth having a discussion with a Financial Planner with Estate Planning expertise like TriDelta Financial Partners to explore ways to reduce the risk in your investment portfolio and possible ways to reduce your taxes and grow your estate.

Given the status quo, you will never outlive your money. In fact, you will likely have a significant estate. By meeting with a Financial Planner with Estate Planning expertise like TriDelta Financial, you will likely be shown some ways to significantly reduce your taxes and grow your estate. This will allow you to leave a significant financial legacy to your loved ones and/or to charitable organizations that have special meaning to you.

Financial Results after Years**

Total Estate Value (After Tax) =

Total Taxes Paid =

Total Spending =

Free personal planning report?

Get an email with a planning report based on your specific results. The report will include:

  • Tools for managing expenses
  • Building and maintaining your wealth
  • Tips for saving taxes annually
  • How to invest your income most tax effectively
  • Growing your wealth more quickly
  • Covering off your risks to increase the odds of a good retirement
  • Peace of mind to ensure you don't outlive your money
  • Creating income in your portfolios to minimize financial stress
  • Drawing from your investments most tax effectively
  • Building and maintaining your wealth
  • Tools for managing expenses
  • Tips for saving taxes annually
  • Creating income in your portfolios to minimize financial stress
  • Building and maintaining your wealth
  • Tools for managing expenses
  • Tips for saving taxes annually
  • Managing your investments to be most tax efficient
  • Drawing from your investments most tax effectively
  • Investing to protect your wealth
  • Creating income in your portfolios to minimize financial stress
  • Ensuring your estate is set up properly to do what you want
  • Tips for saving taxes annually
  • Strategies to save taxes over your lifetime
  • Managing your investments to be most tax efficient
  • Investing to protect your wealth
  • Creating income in your portfolios to minimize financial stress
  • Ensuring your estate is set up properly to do what you want
  • How to save taxes over your lifetime
  • How to minimize family issues with a large estate
  • Managing your investments to be most tax efficient
  • Investing to protect your wealth
  • How to create income in your portfolios to minimize financial stress
  • Making charitable giving most efficient
  • Tips for saving taxes annually
  • How to save taxes over your lifetime
  • How to minimize family issues with a large estate
  • Managing your investments to be most tax efficient
  • Investing to protect your wealth
  • How to create income in your portfolios to minimize financial stress
  • Making charitable giving most efficient

Your personalised report is on its way!

*Calculations on this page assume:


**This is an estimated time of estate based on 5 years after the life expectancy of the last to die.

** If you have corporate assets, at TriDelta, we are very comfortable developing plans to fully combine your corporate and personal assets; however, it is currently beyond the scope of the My Estate Value Calculator to incorporate these assets.  For further information please contact us and we can set up a no cost consultation with one of our Wealth Advisors.

IMPORTANT DISCLAIMER: This calculator is for illustrative purposes only and it is best to consult with a TriDelta Wealth Advisor or other professional Financial Planner for a more robust and comprehensive financial plan.  The rate of performance used does not represent any specific investment and actual performance could vary depending on risk tolerance and portfolio construction.

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