RRIF Calculator

With our RRIF (Retirement Income Fund) Calculator you can see what your minimum withdrawal amounts will be, or input a specific payment amount or timeframe to review other withdrawal options.

CALCULATE:

Annual Minimum Withdrawal

Determines the minimum amount you must withdraw from your RRIF each year.

Length of Investment Based on a Specified Payment Amount

Select a specific payment amount over the minimum to see how long your funds will last. Payments may fluctuate if the specified amount is not high enough to meet the minimum payment required.

Payment Amounts Based on a Specified Time Frame

Receive RRIF payments over a fixed number of years until the plan is depleted. Payments may fluctuate if the scheduled payment is not high enough to meet the minimum payment required.

Yes, I have an existing RRIF

Age

Your age at the start of this calendar year.

RRIF Balance

The amount of money currently in your RRIF account or the amount of money you expect to have when starting your RRIF.

Anticipated Rate of Return

The yearly growth rate you anticipate your investments will earn.

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Age at last RRIF payment:

Total interest:

Total amount of interest earned during the length of the RRIF.

Total of RRIF payments:

Total amount of all RRIF payments during the length of the RRIF.

Interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment or borrowing advice. We do not guarantee their applicability or accuracy in regards to your individual circumstances. Please visit a BlueShore Financial branch to seek personalized advice from a qualified professional.

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RRIF Calculator