Disclaimer: This calculator is basic and for illustrative/entertainment purposes. I have tried to make it accurate, but there is no warranty. I am not a financial professional and do not sell any stocks, bonds, or funds. I do not provide specific financial advice. There is no explicit or implicit recommendation for the ETFs used. They are examples and you should use whatever best suits you. This calculator is intended to help DIY investors who ultimately make their own decisions and manage their portfolios on their own. You should do your own due diligence and consult experts as needed for your own situation. You are responsible for your own investing decisions and will not sue Loonie Doctor or anyone associated with us.  
   
   
   
   
   
   
   
   
           
   
   
       
           
    You must agree to the terms of use for the navigation tabs to appear at the top.    
       
           
       
  Questions To Optimize Interface & Tax Efficiency  
       
  Are you investing through a CCPC (Private Corp)?
 
       
  Do you plan to start using a CCPC in the future?
 
       
  What province are you taxed in?  
 
 
       
  Income of the person that the personal taxable account is attributed to  
  Regular Income minus RRSP Deduction  
  Ineligible Dividends (From Corp)  
  Eligible Dividends  
  Your tax rate on interest and foreign dividends  
  Your effective marginal tax rate on eligible dividends  
       
       
  Select Strategy To Use For TFSA   
 
 
   The TFSA goal is growth. A global strategy spreads out around the world by market size. The tax efficiency strategy may contain more Non-North American Developed Markets or Canadian than their market weight - especially with large portfolios.   
   
       
  After the above is answered, open the input tabs to proceed
 
       
       
  Opening Account Balances  
   
       
  $CAD to $USD Exchange if using $USD Accounts  
   (Ignore if not using)  
       
  All TFSAs    
  Do you use a $USD TFSA (usually not worth it)?
 
  $CAD TFSA Account Balance (in $CAD)  
  $USD TFSA Account Balance (in $USD)  
  Total Opening Balance ($CAD)  
       
  All RRSPs    
  Do you use a $USD RRSP?
 
  $CAD RRSP Account Balance (in $CAD)  
  $USD RRSP Account Balance (in $USD)  
  Opening Balance ($CAD)  
       
  Corporate Investments    
  Do you use a $USD Corp Account?
 
  $CAD Corp Account Balance (in $CAD)  
  $USD Corp Account Balance (in $USD)  
  Opening Balance ($CAD)  
       
  Personal Taxable Investment Account    
  Do you use a $USD Personal Taxable?
 
  $CAD Personal Taxable Account Balance (in $CAD)  
  $USD Personal Taxable Account Balance (in $USD)  
  Opening Balance ($CAD)  
       
  Total Portfolio  
  Opening Balance ($CAD)  
       
       
  Step 1: Determine your risk tolerance and an appropriate stocks:bonds ratio that fits that. This can be done via discussion with a financial advisor and/or you could use the Vanguard Questionnaire, Investin' Intestin' Testor, and look at historical returns and volality to help. Mulitple modalities are best to guess, but experience teaches.  
   
   
   
  Risk Tolerance & Asset Allocation Vanguard Risk Tolerance Questionnaire  
  Desktop/Tablet: Returns & Volatility Visualizer Desktop/Table: Investing Intestinal Fortitude Tester  
  Mobile: Returns & Volatility Visualizer Mobile: Investing Intestinal Fortitude Tester  
       
  Step 2: Decide how much of your equity allocation to make as Canadian equities versus foreign.   
   
       
  Do you want to simply put a stock:bonds ratio and have stocks distributed as 1/3 Canadian & 2/3 Foreign or set your own custom allocations?  
   
 
 
       
  Conservative Aggressive  
 
 
       
  Bonds Stocks  
   
       
  Canadian Equity  
  US Equity  
  Non-North America Developed Markets  
  Emerging Markets  
  Bonds  
       
  Step 3: Enter them below & make sure adds up to 100%    
  Canadian Equity  
  US Equity  
  Non-North America Developed Markets  
  Emerging Markets  
  Bonds  
  Total  
       
         
   TFSA Strategy   
   
   The TFSA goal is growth. A global strategy spreads out around the world by market size. The tax efficiency strategy may contain more Canadian than its market weight - especially with large portfolios.   
   
   Can be changed between Global vs Max Tax Efficiency in the Set Up Tab.   
         
  Canadian Dollar TFSA  
  Asset Class ETF Amount  
  Canadian Equity VCN  
  US Equity XUU  
  Non-NA Developed XEF  
  Emerging Markets XEC  
  Bonds VAB  
  TOTAL IN ACCOUNT  
         
  U.S. Dollar TFSA CAD to USD
  Asset Class ETF Amount ($CAD)
  Non-NA Developed IEFA
  Emerging Markets IEMG
  TOTAL IN ACCOUNT
         
         
  Canadian Dollar RRSP  
  Asset Class ETF Amount  
  Canadian Equity VCN  
  US Equity XUU  
  Non-NA Developed XEF  
  Emerging Markets XEC  
  Bonds VAB  
  TOTAL IN ACCOUNT  
         
  U.S. Dollar RRSP CAD to USD
  Asset Class ETF Amount ($CAD)
  US Equity ITOT
  Non-NA Developed IEFA
  Emerging Markets IEMG
  TOTAL IN ACCOUNT
         
         
  Canadian Dollar Corporate Account  
  Asset Class ETF Amount  
  Canadian Equity VCN  
  US Equity XUU  
  Non-NA Developed XEF  
  Emerging Markets XEC  
  Bonds ZDB  
  TOTAL IN ACCOUNT  
         
  U.S. Dollar Corporate Account CAD to USD
  Asset Class ETF Amount ($CAD)
  US Equity ITOT
  Non-NA Developed IEFA
  Emerging Markets IEMG
  TOTAL IN ACCOUNT
         
         
  Canadian Dollar Corporate Account  
  Asset Class ETF Amount  
  Canadian Equity VCN  
  US Equity XUU  
  Non-NA Developed XEF  
  Emerging Markets XEC  
  Bonds ZDB  
  TOTAL IN ACCOUNT  
         
  U.S. Dollar Corporate Account CAD to USD
  Asset Class ETF Amount ($CAD)
  US Equity ITOT
  Non-NA Developed IEFA
  Emerging Markets IEMG
  TOTAL IN ACCOUNT
         
               
  Goal Portfolio Composition (In $CAD)    
     
               
    Global Diversification TFSA Strategy. Can Change In TFSA Result Tab.    
               
Asset Class ETFs TFSA RRSP Corp Taxable Portfolio Allocation
Canadian Equity VCN (Cdn EQ)
US Equity XUU (Cdn-Listed US EQ)
ITOT (US-Listed US EQ)
Non-NA Developed XEF (Cdn-Listed Non-NA Dev'd)
IEFA (US-Listed Non-NA Dev'd)
Emerging Markets XEC (Cdn-Listed EMM)
IEMG (US-Listed EMM)
Bonds VAB (Canadian Bond Index)
ZDB (Discount Bonds)
TOTALS  
               
      Max Tax Efficiency TFSA Strategy. Can Change In TFSA Result Tab.      
               
Asset Class ETFs TFSA RRSP Corp Taxable Portfolio Allocation
Canadian Equity VCN (Cdn EQ)
US Equity XUU (Cdn-Listed US EQ)
ITOT (US-Listed US EQ)
Non-NA Developed XEF (Cdn-Listed Non-NA Dev'd)
IEFA (US-Listed Non-NA Dev'd)
Emerging Markets XEC (Cdn-Listed EMM)
IEMG (US-Listed EMM)
Bonds VAB (Canadian Bond Index)
ZDB (Discount Bonds)
TOTALS  
               
      Step by Step How To Buy ETFs Video      
               
      About the example ETFs used & their role