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Retirement Income Fund Calculator

Are you planning on retiring soon? That’s exciting! After saving and planning for years, your Registered Retirement Savings Plan (RRSP) will evolve into a Registered Retirement Income Fund (RRIF). This allows you to make annual withdrawals to support you with your retirement plans.


Use the Registered Retirement Income Fund calculator to work out the withdrawal and payment options that best fit your plans for the coming years. You can calculate:



  • Your annual minimum withdrawal,

  • Length of your post-retirement investment period based on your annual withdrawal plans

  • Annual withdrawal amounts you’re able to make based on the number of years you plan on drawing payments for.



We’ll make it easy - however you’d like to manage your Registered Retirement Income Fund.



  • Your age at the Registered Retirement Income Fund start date

  • The balance of your Registered Retirement Income Fund

  • Annual withdrawal you have in mind

  • Annual rate of return (we recommend a more conservative return of 2-3% for those years as you’ll likely transition to a lower risk portfolio to mitigate against market fluctuation)

  • Number of years you plan on drawing funds from the Registered Retirement Income Fund



The Legal Stuff:

Rates are updated daily and subject to change without notice. These calculators are made available to you as tools for independent use and are not intended to provide investment advice. Book an appointment at your nearest branch to seek personalized advice from qualified professionals for all personal finance issues, aligned to your personal situation.