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SPECIFICTION
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MyOwnFP

myownfp.ca

From $3.33/mo Free plan Web
Visit myownfp.ca
Spec score 7.8 #17 of 34 in Financial Planning Software

What it is

MyOwnFP is web-based financial planning software for Canadian do-it-yourself investors and financial advisors. It supports cash-flow modeling, tax planning, investment planning, and scenario analysis. Users can build scenarios, compare them, and save useful versions for later review. Planning views include a financial planning grid, cash-flow visualization, account charts, and scenario comparisons. The models cover Canadian accounts and benefits such as TFSA, RRSP, CPP/QPP, OAS, GIS, and pensions, with federal, provincial, and territorial tax tables. Subscribers can share a client with another MyOwnFP subscriber, including an advisor. The service runs on AWS in Canada, according to the company, and uses HTTPS for browser communication with encryption at rest. Google handles login and Stripe processes payments. Banking information is not required. A free plan is available; Standard costs $40 a year for five clients, and Unlimited costs $140 a year for unlimited clients.

Spec sheet

Purpose
MyOwnFP is financial planning software for Canadian DIY investors and advisors.Read 7 Oct 2026 · myownfp.ca
Support
Users can contact the company at [email protected] with questions, feedback, bugs, or feature requests.Read 7 Oct 2026 · myownfp.ca
Authentication
MyOwnFP uses Google as its identity provider for login.Read 7 Oct 2026 · myownfp.ca
Bank connections
The company says it does not require banking information and that entered data is standalone.Read 7 Oct 2026 · myownfp.ca
Canadian planning
The software models Canadian accounts and benefits including TFSA, RRSP, CPP/QPP, OAS, GIS, and pensions.Read 7 Oct 2026 · myownfp.ca
Cloud hosting
The company says it deploys the service on AWS in Canada.Read 7 Oct 2026 · myownfp.ca
Data retention
The privacy policy says data without a subscription may be deleted at MyOwnFP’s discretion.Read 7 Oct 2026 · myownfp.ca
Encryption
The security policy says browser communications use HTTPS and stored data is encrypted at rest.Read 7 Oct 2026 · myownfp.ca
Intended audience
The company describes the product for Canadian DIY investors and financial advisors.Read 7 Oct 2026 · myownfp.ca
Payments
Stripe handles payment processing, and MyOwnFP says its code and servers do not see credit card information.Read 7 Oct 2026 · myownfp.ca
Planning views
The service provides a financial planning grid, cash flow visualization, account charts, and scenario comparisons.Read 7 Oct 2026 · myownfp.ca
Scenario planning
Users can create and compare scenarios and save useful scenarios for future review.Read 7 Oct 2026 · myownfp.ca
Sharing
Subscribers can share a client with another MyOwnFP subscriber, such as an advisor.Read 7 Oct 2026 · myownfp.ca
Tax support
MyOwnFP provides tax tables for Canadian federal, provincial, and territorial jurisdictions.Read 7 Oct 2026 · myownfp.ca

Plans and prices

Free Free Limited · Standard plan currently free for use · No credit card required Read 7 Oct 2026 · myownfp.ca
Standard $40 a year Year 5 Clients · Unlimited Scenarios · All basic account types · All charting · Scenario Comparisons · Sweep runs · Flexible saving and income rules · Yearly tax calculations · CPP(QPP)/OAS calculations Read 7 Oct 2026 · myownfp.ca
Unlimited $140 a year Year Unlimited Clients Read 7 Oct 2026 · myownfp.ca

Every MyOwnFP plan and price →

Strong points and limits

Strong points

  • Models Canadian accounts, benefits, and tax jurisdictions
  • Creates, compares, and saves planning scenarios
  • Includes cash-flow views and account charts
  • Supports client sharing between subscribers
  • Free plan requires no credit card

Limits

  • Standard plan is limited to five clients
  • Data without a subscription may be deleted
  • Web platform only

Who it suits

It suits Canadian DIY investors and financial advisors who need scenario, cash-flow, tax, and investment planning in a web service. Advisors can share clients with other subscribers.

Verdict

MyOwnFP focuses on Canadian planning details and scenario comparison, with views for cash flow, accounts, and taxes. The free plan provides an entry point, while paid plans differ by client capacity.

Where Specifiction places it

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