Legal

Terms of Service

Last updated: June 2026  ·  Effective immediately

Contents

This Terms of Service ("Agreement") is a legally binding agreement between RetirIQ ("we," "us," or "our") and you ("User," "you"), the person accessing or using our web application and related services at retiriq.ca.

By accessing or using the Service, you confirm that you have read, understood, and agree to be bound by this Agreement and our Privacy Policy. If you do not agree, you must not use the Service.

1. Grant of License and Use of Service

a. License

Subject to your ongoing compliance with this Agreement, RetirIQ grants you a limited, revocable, non-exclusive, non-transferable license to access and use the Service for your personal financial planning purposes. The Service is licensed, not sold.

b. Restrictions

You are expressly prohibited from:

2. User Accounts and Security

a. Account creation

To access Pro features, you must create an account and provide accurate, current, and complete information — specifically your email address.

b. Account security

You are solely responsible for maintaining the confidentiality of your account credentials. You accept all risks of unauthorized access and are fully responsible for all activities that occur under your account.

c. Exclusive use

Your account is for your exclusive personal use. You agree not to share your account or password with any other individual. Unauthorized sharing is a material breach of this Agreement and may result in immediate suspension or termination.

d. Notification of breach

You must notify us immediately at [email protected] of any suspected or actual unauthorized use of your account or any breach of security.

RetirIQ is not responsible for any loss resulting from unauthorized account access unless caused by our negligence.

3. User Responsibilities

a. Accuracy of your data

All financial planning data you enter into RetirIQ is stored only on your device. You are solely responsible for the accuracy and integrity of that data.

b. Educational use only

Important: RetirIQ provides retirement planning estimates and projections for educational and informational purposes only. Nothing in the Service constitutes financial, tax, investment, or legal advice. You should not make financial decisions based solely on outputs from the Service without consulting a qualified professional.

c. No guaranteed outcomes

RetirIQ does not guarantee any specific financial outcomes, investment returns, or retirement results. All projections are estimates based on the inputs you provide and assumptions built into the model.

d. Compliance with laws

You are solely responsible for ensuring your use of the Service complies with all applicable laws and regulations in your jurisdiction.

4. Intellectual Property Rights

All software, technology, trademarks, designs, and content made available through the Service are the exclusive property of RetirIQ or its licensors and are protected by copyright and other intellectual property laws. This Agreement does not transfer any ownership rights to you.

Your financial planning data belongs to you. Because it is stored locally on your device, you retain full ownership and control of it at all times.

5. Subscription and Payment Terms

a. Free version

The free version of RetirIQ is available at no charge and does not require account creation. It is subject to feature limitations described on our website.

b. Pro subscription

Pro features require a paid annual subscription. All fees are payable in advance.

c. Refunds

All subscription fees are non-refundable except as required by applicable law.

d. Automatic renewal

Your Pro subscription will automatically renew annually unless you cancel at least 30 days before the end of your current subscription term.

e. Price changes

RetirIQ may adjust subscription pricing for future renewal terms. We will provide reasonable prior notice of any price changes.

f. Non-payment

RetirIQ reserves the right to downgrade your account to the free version or suspend access if payment is not received.

6. Data, Privacy, and Third-Party Services

a. Local storage

All financial planning data you enter in RetirIQ is stored in your browser's local storage on your own device. We do not transmit, collect, or store your financial data on our servers.

b. Privacy Policy

Our collection and handling of account information is governed by our Privacy Policy, which is incorporated into this Agreement by reference.

c. AI features

The optional AI Plan Review feature transmits your plan data to Anthropic (Claude) for processing. By using this feature, you acknowledge that your plan data will be processed by Anthropic in accordance with their own terms of service and privacy policy. AI features are entirely optional.

d. Third-party services

RetirIQ uses third-party providers for hosting, payment processing, and AI features. While we take reasonable steps to select reputable providers, we cannot guarantee their performance and are not liable for damages arising from their processing of data.

e. Cross-border transfers

Your account information may be stored or processed outside of Canada, including in the United States, where it may be subject to foreign laws.

7. Disclaimer of Warranties

The Service is provided "as is" and "as available," without any warranties, express or implied. RetirIQ disclaims all warranties, including but not limited to merchantability, fitness for a particular purpose, and non-infringement. We do not guarantee that the Service will be uninterrupted, secure, or error-free.

Financial disclaimer: All projections and retirement estimates produced by RetirIQ are simplified models for educational purposes only. They are not a substitute for advice from a licensed financial advisor, tax professional, or lawyer. You agree not to rely on RetirIQ outputs for significant financial decisions without independent professional verification.
AI disclaimer: AI-generated outputs may be inaccurate, incomplete, or outdated. You agree not to rely on them for financial decisions without independent verification.

Nothing in this Agreement excludes or limits any right or warranty that cannot be limited under applicable law.

8. Limitation of Liability

a. Exclusion of damages

To the maximum extent permitted by law, RetirIQ shall not be liable for any indirect, incidental, consequential, special, or punitive damages — including loss of data, financial loss, or loss of retirement savings — arising from your use of or inability to use the Service.

b. Liability cap

In no event shall RetirIQ's total aggregate liability to you exceed the amount you paid to us in the twelve (12) months preceding the claim. For free-tier users, this amount is zero.

c. Data loss

RetirIQ is not responsible for any loss of financial planning data stored in your browser's local storage, including data lost due to browser clearing, device failure, or software updates. We strongly recommend using the built-in backup feature regularly.

9. Indemnification

You agree to defend, indemnify, and hold harmless RetirIQ, its owners, officers, and employees from any claims, damages, losses, or liabilities (including reasonable legal fees) arising from:

This indemnity survives termination of this Agreement.

10. Force Majeure

RetirIQ shall not be liable for any failure or delay in performance due to events beyond our reasonable control, including acts of God, war, civil unrest, natural disasters, failures of public utilities or internet infrastructure, or government actions.

11. Termination

a. By RetirIQ

We reserve the right to suspend or terminate your access at any time, with or without notice, for any breach of this Agreement or if your use poses a security or legal risk.

b. By you

You may terminate your account at any time through the app's General settings tab or by contacting us at [email protected].

c. Effect of termination

Upon termination, your right to use Pro features ceases immediately. Your financial planning data remains on your device and is unaffected. Account data is handled in accordance with our Privacy Policy.

Sections 4, 7, 8, and 9 survive termination of this Agreement.

12. Amendments

We reserve the right to modify this Agreement at any time. We will provide at least 30 days' notice of any material changes via email to Pro subscribers or via a notice in the app. Your continued use of the Service after the effective date constitutes acceptance of the revised Agreement.

13. Governing Law and Dispute Resolution

This Agreement is governed by the laws of the Province of Alberta, Canada. Any disputes arising from this Agreement shall first be subject to good-faith mediation. If mediation fails, disputes shall be resolved through binding arbitration administered by the ADR Institute of Canada under its Arbitration Rules, in Calgary, Alberta, in English.

All dispute resolution proceedings shall be conducted on an individual basis. You waive any right to participate in a class action lawsuit or class-wide arbitration.

14. Contact

For questions or legal correspondence regarding this Agreement:

[email protected]

A contact form will be available at retiriq.ca/contact once our full web platform launches.