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RRIF calculator.

Calculate how much you’ll need to withdraw every year from your Registered Retirement Income Fund, how long your funds will last, and how much you can expect to be paid during your retirement.*

Please check the following for errors.

      Calculate:

      Age at last RRIF payout
      Total interest Total amount of interest earned during the length of the RRIF.
      Total of RRIF payouts Total amount of all RRIF payments during the length of the RRIF.
      Learn more about RRIFs

      Share and save results

      Copy this link to your saved calculator values.

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      What’s behind the numbers.

      Our RRIF calculator assumes that:

      1. Your RRIF started after 1992
      2. RRIF withdrawals occur at the end of the year
      3. Interest is compounded annually
      4. Your RRIF balance is the amount you have in your RRIF when you begin withdrawals. If you haven’t already converted your RRSP to an RRIF, be sure to include any future RRSP contributions you plan to make in this balance.

      Note: The RRIF calculator provides estimates only. The calculations aren’t a definitive analysis nor do they represent actual minimum withdrawals or payments made from an RRIF over any given time period. Actual withdrawal minimums, payments and investment periods will vary over time, depending on changing circumstances, actual rates of return, and other factors.

      What RRIFs can do for your next big adventure.

      Find out how RRIFs can give you an income stream throughout your retirement. We help you explore the benefits of RRIFs and understand how to choose the best withdrawal strategy for you.

      Learn more about RRIFs

      View legal details

      * Vancity does not make any express or implied warranties or representations with respect to any information or results in connection with this calculator. Vancity will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results. This calculator is for independent use and is not intended to provide investment advice. Actual results may vary, possibly substantially. We cannot and do not guarantee its applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. The funds in a RRIF are tax-deferred. Amounts paid out of a RRIF are taxable on receipt. Each year, there must be a minimum withdrawal, which depends on the age of the RRIF holder and the total balance of the account.

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      Vancity is proud to operate on the traditional territories of the Coast Salish and Kwakwaka’wakw peoples, and we are committed to Reconciliation as a core value.

      © Vancouver City Savings Credit Union