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RRIF Calculator
Calculate minimum RRIF withdrawal by age and see how long your retirement fund will last.
Minimum Withdrawal Rate
5.40%
Minimum Annual Withdrawal
C$27,000.00
Your Desired Withdrawal
C$40,000.00
Est. Years RRIF Lasts
~19 years
RRSP must convert to RRIF by Dec 31 of year you turn 71. Minimum withdrawal is mandatory; no maximum. Withdrawals are fully taxable.
RRSP must convert to RRIF by Dec 31 of year you turn 71. Minimum withdrawal is mandatory; no maximum. Withdrawals are fully taxable.