RRIF Calculator

Annual minimum withdrawal

Determines the amount that you must withdraw from your RRIF each year.

Number of years your RRIF will last

Determines the number of years your RRIF will last based on specific annual payment amounts.

Payment amounts based on length of retirement

Determines your RRIF payment amounts based on the length of your retirement.

Yes, I have an existing RRIF

Age at RRIF Start Date:

Your age at the first RRIF payment.

RRIF Balance:

The amount of money currently in your RRIF account or the amount of money you expect to have when starting your RRIF.

Anticipated Rate of Return:

The annual growth rate that you expect to earn on your investments.

Minimum annual withdrawal will start at:

$20,000.00 (4.000%)

Age at last RRIF payment: 100

Total interest:

Total amount of interest earned during the length of the RRIF.

$703,069.94

Total of RRIF payments:

Total amount of all RRIF payments during the length of the RRIF.

$1,203,069.94