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Calculator - Retirement Income Fund

Is retirement on the horizon?

Use the retirement income fund calculator to calculate withdrawal and payment options to suit your plans for the coming years.


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.



The Registered Retirement Income Fund calculator can help you 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 time number of years you plan on drawing payments from.


We’ll make it easy - no matter which way you’d like to tackle your 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:

These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues. Legal Terms of Use apply.