Personal information      
 
Current age  
Retirement age - age of RRIF withdrawal  
Age to which payments are required  
Value of RRIF at retirement or at time of withdrawal  
Estimated Rate of Return  
Estimated annual cost of living increase (inflation)  
     
Minimum RRIF Withdrawal Calculator  
 
Calculates the minimum required first RRIF withdrawal at age   
Withdrawal factor  
Minimum withdrawal required - actual future dollars  
Minimum withdrawal required - in today's purchasing power  
   
Solve for Sustainable Income  
 
Calculates annual sustainable payout from your RRIF to age  
Value of RRIF at retirement or at time of withdrawal  
Level payout - actual future dollars (all payments equal the first payment)  
Level payout in today's purchasing power (first payment)  
Level payout in today's purchasing power (last payment)  
First inflation adjusted payout - actual dollars (payments increase each year)  
Last inflation adjusted payout - actual dollars  
Inflation adjusted payout in today's purchasing power (all payments)  
       
Disclaimer: The results produced by this calculator is based on information provided by the user and by certain assumptions. The results are believed to be accurate, but Money Pages does not warrant or guarantee such accuracy. You should independently verify all results prior to making any financial decision.  
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Solve for Amount Required        
 
This calculator determines the amount of principal you will need to have saved by your retirement date in order to generate the level of income you require from your RRIF on an annual basis.  
Your current age  
Retirement age  
Age to which you will require income  
Estimated rate of return  
Inflation rate  
Amount of initial payment required - today's purchasing power    
Amount of initial payment - actual dollars    
Principal mount required - level payout (all payments equal the first payment)  
Principal amount required - inflation adjusted payout (payments increase each year)  
Solve for Age
This calculator will determine the age to which your RRIF will provide you with your desired annual income before the capital is depleted. The value of the RRIF at the time of retirement is derived from the input on the RRIF Payments tab.
Calculates the age to which your RRIF will last based on your desired income
Current Age
Retirement age or age of RRIF withdrawal
Rate of return on investments
Rate of inflation
Value of RRIF at retirement or at time of withdrawal
Minimum RRIF payment at withdrawal age
Desired amount of initial payment in today's dollars
Amount of payment in actual dollars (RRIF minimum payment applies)
Age at which capital is depleted - level payout (all payments equal the first payment)
Age at which capital is depleted - inflation adjusted (payments increase each year)
This table illustrates the minimum percentage that must be withdrawn from a RRIF. This percentage is applied to the dollar value of the RRIF on December 31st of the previous year to determine the minimum dollar value of the withdrawal in the current year.
RRIF Minimum Payout Table
Age Rate Age Rate Age Rate
96
97
98
99
100