CLARITY Journey™ Webform | OpenBook Planning

Cash FlowLiabilitiesAssetsRetirementInsuranceTaxYou

C — Cash Flow

L — Liabilities

A — Assets

R — Retirement

I — Insurance

T — Tax

Y — You (Planning)

C — Cash Flow

Understanding what comes in and what goes out.

Monthly after-tax employment income ($)

Monthly self-employment / business income ($)

Monthly pension income ($)

Monthly government benefits ($)

Monthly investment/dividend income ($)

Housing expenses (rent/mortgage, utilities, tax, insurance) ($)

Transportation expenses (loan, fuel, insurance, maintenance) ($)

Food (groceries + dining) ($)

Insurance premiums (life, health, disability, home, auto) ($)

Debt payments (minimum payments) ($)

Discretionary spending (entertainment, travel, hobbies) ($)

Emergency fund / cash reserves ($)

Optional notes (irregular income or expenses)

L — Liabilities

Debts, loans, and payment obligations.

Other obligations (child support, legal, etc.) ($/month)

Optional notes

A — Assets

What you own.

Optional notes

R — Retirement Readiness

Desired retirement age

Desired annual after-tax retirement income ($ today's dollars)

Total current retirement savings (RRSP, TFSA earmarked, pension, non-reg) ($)

Monthly contribution to retirement savings ($)

Expected monthly CPP/QPP at planned start age ($)

Expected monthly OAS ($, before clawback)

Optional notes

I — Insurance & Risk

Do you have life insurance?

Do you have disability insurance?

Who depends on your income?

Spouse Children Aging parents None

Do you have a will?

Optional notes

T — Tax Optimization

Estimated annual taxable income (gross, $)

Available RRSP deduction limit ($)

Available TFSA contribution room ($)

Are you a shareholder of a private corporation?

Do you have foreign assets or cross-border income?

Optional notes

Y — You (Planning)

✨ You have completed the fact-finding phase. Now enter the planning phase.
The numbers tell us where you stand. You tell us where you want to go.

What is most important to you in the next 5 years?

What does a successful retirement look like to you?

What tradeoffs are you willing to make? (select all that apply)

Work longer Spend less now Take more investment risk Downsize home Move to lower-cost area

If money were not an issue, what would you change about your life today?

What legacy do you want to leave?

What keeps you up at night about your financial future?

Is there anything else you want us to know?

Your CLARITY Snapshot

I confirm that the information provided is accurate to the best of my knowledge.

Disclosure

Educational planning tool

The CLARITY Journey™ webform is an educational tool to help organize financial information. It is not financial, tax, legal, or investment advice. Always consult qualified professionals for your specific situation.