Johnny , it is all over the place cause of the supplement depending on your income. I am lucky, my American wife of 20 years, yesterday was our anniversary, has never drawn a paycheque in Canada, so I do the income splitting thing to the MAX, get a bit of a supplement cause my income is lowered. Get someone to help with the taxes or a good program, lots of tax advantages with age, you'll be surprised how little you pay .
I have a fairly good guy that does our taxes. He better be based on what he charges. We do the income spitting thing and I know that based on my gross income I should be eligible for the supplement that I applied for. I never though I would make it to 65. To think of it I still haven't. I once got very good advise from an old timer, having a good Accountant is more important than having a good Lawyer. A very successful businessman that once owned most of the real estate in downtown Hamilton once told us to be successful one should owe a million dollars when he dies not have a million dollars in the bank. I'm well on my way to being successful. My parents grew up during the Great Depression and WW2. If you didn't have the cash in your pocket you didn't buy it. The 1st and last time they got credit was for the home I grew up in. We are going through settling the estate as Dad passed this passed April. I was floored when we found out he was carrying around a card with 100K credit available on it, guess what the balance was, yep, zippo. There was 1 transaction on it from 12 years ago when he bought his last car for 35K. That was the very 1st new car off the lot they ever bought. I remember driving out into the sticks in Stoney Creek to pay the mortgage every week. (They were the grand parents of the Hartsburg brothers of NHL fame if anyone remembers them) I didn't get my 1st credit card until I got married at 24. When I got divorced from my former wife she had a stack 2" high. I have 2 and my wife has 2, I think.
No Irishfield, you don't get a paycheque you hand out paycheques!