Your household inflation may differ from the CPI
The 2% used in many plans is the midpoint of the Bank of Canada’s 1%–3% inflation-control target; prices for care, education and property carrying costs may move differently. This tool takes your household’s spending mix and compares annual spending in twenty-five years under two sets of inflation assumptions.
The numbers you enter are calculated in your browser only and are never sent to Lucid (positive amounts only).
Your annual spending (rough is fine)
Enter spending on a single-year basis. Future care costs that have not yet started should not be added to current-year spending.
Food, household, transport, utilities
Private healthcare, caregivers (current-year spending only)
Private school, enrichment, education abroad
Property tax, insurance, maintenance — not mortgage payments
Trips, dining, pursuits
Everything outside the categories above, assumed at CPI
Category inflation assumptions
Category rates are stress-scenario assumptions, not historical statistics: they reflect the possibility that private care, private and overseas education, and property carrying costs outpace the CPI — broad CPI categories don't necessarily support the same magnitudes. The CPI reference is 2.0% (the Bank of Canada's inflation-control target midpoint).
A simplified educational calculation: future total spending compounds each category separately over 25 years and sums the results (the weighted average rate is display-only); category rates are fixed stress-scenario assumptions, real paths vary; the drift of spending mix with age is not modelled. Built to test how well a single-inflation assumption fits you — not financial advice.