How to use the Retirement Income Calculator

Our Retirement Income Calculator provides withdrawal minimums and payment options based on the consumption and length of the investment.

  1. First select which option you’d like to calculate. You can calculate:
    • The yearly minimum amount you’d need to withdraw from your RRIF each year
    • How many years the RRIF will last based on a specified payment amount
    • How much the RRIF payments will be, based on a specified time frame
  2. If you have an existing RRIF, enter the details here, or uncheck the checkbox and enter your anticipated details instead.
  3. See your calculated results here, based on your selections.

You’re able to view your balance and payments in a graph and as a report. You can also print or save your results.