CLARITY Webform | OpenBook Planning

Cash Flow

Understanding what comes in and what goes out.

Amount period

All amounts are expressed in Monthly terms.

Inflows

Employment income ($)

Self-employment / business income ($)

Pension income ($)

Government benefits ($)

Investment/dividend income ($)

Housing expenses

Rent or mortgage payment ($)

Property tax ($)

Electricity ($)

Water ($)

Gas / heating ($)

Home insurance ($)

Non-discretionary expenses

Transportation expenses ($)

Food and groceries ($)

Phone ($)

Internet ($)

Life / disability / health insurance ($)

Membership dues ($)

Debt payments ($)

Alimony / child support ($)

Discretionary expenses

Restaurants / dining out ($)

Entertainment ($)

Travel ($)

Hobbies ($)

Savings and contributions

RRSP contributions ($)

Employer matching?

DC pension contributions ($)

Employer matching?

TFSA contributions ($)

Non-registered contributions ($)

Optional notes (irregular income or expenses)

Total monthly income$0

Total monthly outflows$0

Surplus$0

Liabilities

Debts, loans, and payment obligations.

Primary residence mortgage

Is there a mortgage on your primary residence?

Mortgage payment amount ($)

Mortgage payment frequency

Optional notes

Assets

What you own.

Primary residence

Fair market value (FMV) ($)

Has mortgage

Emergency fund / cash reserves ($)

Registered accounts subtotal$0

Tax-free accounts subtotal$0

Non-registered accounts subtotal$0

Optional notes

Retirement Readiness

Retirement age & goal

Desired retirement age

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

Income sources

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

CPP/QPP start age

Expected monthly OAS ($, before clawback)

OAS start age

Other income source (please specify)

Other monthly income amount ($)

DB pension

Monthly DB pension amount ($)

DB pension start age

DB pension COLA

DB pension survivor percentage (%)

Optional notes

Insurance & Risk

Do you have life insurance?

Do you have disability insurance?

Who depends on your income?

Spouse Children Aging parents None

Estate and decision documents

Do you have a will?

Do you have a power of attorney?

Do you have a living will?

Do you have a protection mandate?

Do you have advance medical directives?

Optional notes

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

You

Fact-finding complete. 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?

CLARITY Snapshot

The CLARITY Framework^™

Financial planning begins with CLARITY.

openbookplanning.ca

Your CLARITY Snapshot

This report summarizes the financial and personal information you provided through the CLARITY Webform. OpenBook Planning does not collect, store, or transmit this data - it remains only in your browser unless you choose to print, save, export, or share it.

The information is organized using the CLARITY Framework^™: Cash Flow, Liabilities, Assets, Retirement Readiness, Insurance & Risk, Tax Optimization, and You. This snapshot can serve as a helpful starting point for a meaningful planning conversation, but it is not a substitute for professional advice.

For advice tailored to your personal situation, consult a qualified professional such as a CFP® professional, F.Pl., TEP, CPA, lawyer, tax specialist, or estate-planning professional regarding financial, tax, legal, estate, insurance, investment, retirement, mortgage, or lending matters.

No information is collected by OpenBook Planning. All data remains in your browser. This form is for educational purposes only and is not financial, tax, legal, or investment advice.

Disclosure

Educational planning tool

The CLARITY 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.