RRIF
Model how RRIF withdrawals may affect your retirement savings over time, based on growth and a chosen withdrawal rate.
What a RRIF does
A RRIF holds your retirement investments and allows you to withdraw taxable income each year. Unlike an RRSP, RRIFs generally require ongoing withdrawals, and those withdrawals affect how long your savings may last.
How to use this tool
- Enter your starting balance and select an assumed growth rate
- Choose a time horizon and your age to view the RRIF minimum withdrawal table
- See how withdrawals may impact your projected balance