CALCULATE:
Annual Minimum Withdrawal
Determines the amount that you must withdraw from your RRIF each year.
Length of Investment Based on Specific Payment Amounts
Determines the duration of your RRIF based on specific yearly payment amounts.
Payment Amounts Based on Specific Time Frames
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.
Age
Your age at the start of this calendar year.
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 yearly growth rate that you anticipate your investments will earn.
%
No. of Years to Draw on Funds
Number of years you will need funds during retirement.
Annual RRIF Payment
The annual payment from your RRIF.
Your next annual minimum withdrawal will be:
$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
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Learn more about RRIFs
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RRIF Balance over Time
RRIF Payment over Time
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