Best Canadian Retirement Planning Software (2027) – Free vs $500/Year

What is the best retirement planning software in Canada for DIY investors? In this video, I compare four Canadian retirement planning platforms: Optiml, Adviice, MoneyReady, and MayRetire. We examine their financial planning features, CPP and OAS calculations, retirement withdrawal strategies, tax optimization tools, ease of use, and pricing. I'll also cover alternatives like RetireZest, MyOwnFP, and ProjectionLab before sharing which retirement software I recommend, which offers the best value, and whether paying more actually makes retirement planning easier. Optiml (Affiliate Link): https://app.optiml.ca/?signup&referra... Receive $20 off your first Optiml plan when you sign up using my referral link. Adviice: https://adviice.ca The MoneyReady App: https://www.moneyreadyapp.ca MayRetire: https://mayretire.com RELATED VIDEOS & RESOURCES:    • Best Canadian Brokerage (2026) — Who Wins?...      • Every Tool and Account I Use as a Passive ...   Finding the best retirement planning software in Canada can help DIY investors make better decisions about their financial future. Whether you're accumulating investments or preparing to retire, Canadian retirement planning involves more than simply estimating portfolio growth. The right software can help you calculate CPP and OAS benefits, optimize RRSP and TFSA withdrawals, minimize retirement taxes, and simulate different financial strategies to determine how they affect your retirement income and estate. In this video, I compare **Optiml, Adviice, MoneyReady, and MayRetire**, examining what makes each platform different. Optiml offers a modern interface with automated goal-based financial planning, while Adviice provides comprehensive Canadian retirement planning at a more affordable price. MoneyReady offers detailed investment modelling and advanced withdrawal optimization, while MayRetire focuses on retirement income planning and tax-efficient withdrawal strategies. We compare their features, limitations, usability, and pricing to help you determine which software best fits your needs. I also briefly review alternative retirement planning tools, including **RetireZest, MyOwnFP, and ProjectionLab**, and discuss some of their limitations for Canadian investors. Whether you're exploring an RRSP meltdown, comparing CPP and OAS claiming ages, planning for early retirement, or looking for software to manage your financial future, this comparison will help you understand your options. This content is for educational purposes only and does not constitute financial, investment, or tax advice. My site: https://www.aaronthepassiveinvestor.com Sign up for updates to my setup here: https://www.aaronthepassiveinvestor.c... 00:00 - Introduction 00:56 - MayRetire 02:28 - MoneyReady 04:19 - Optiml 06:27 - Adviice 08:53 - Three Other Options 10:33 - My Final Recommendation 13:23 - Conclusion Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, investment, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor, registered investment advisor, legal advisor, or tax advisor. Trading securities, options, futures, and/or cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. He may receive a financial incentive for using the affiliate links. This information is accurate to the best of my knowledge at the time of this video. Please note that investment platforms and features may change over time.