RRIF/ANNUITY RATES TABLE

RRIF/Annuity Rates Table

This table compares the minimum RRIF and Annuity annual incomes based on capital of $100,000. The RRIF minimums increase each year; the Annuity income remains stable for life, with a minimum 10 year guarantee.

IMPORTANT

These figures assume that the RRIF capital grows back to $100,000 by the beginning of the following year.

Age
(at start of year)
RRIF Minimum
Withdrawal
Annuity Rate
Male
Annuity Rate
Female
60 $3,330 $5,286 $4,969
61 $3,450 $5,404 $5,066
62 $3,570 $5,530 $5,170
63 $3,700 $5,662 $5,243
64 $3,850 $5,802 $5,360
65 $4,000 $5,913 $5,446
66 $4,170 $6,069 $5,578
67 $4,350 $6,233 $5,718
68 $4,550 $6,369 $5,867
69 $4,760 $6,553 $6,025
70 $5,000 $6,710 $6,158
71 $5,280 $6,913 $6,301
72 $5,400 $7,124 $6,492
73 $5,530 $7,309 $6,693
74 $5,670 $7,501 $6,905
75 $5,820 $7,699 $7,127
76 $5,980 $7,902 $7,324
77 $6,170 $8,106 $7,530
78 $6,360 $8,312 $7,745
79 $6,580 $8,514 $7,931
80 $6,820 $8,710 $8,154

What are the Minimum RRIF Withdrawal Rates?

At age 71, Canadians must convert their RRSP into a RRIF or an Annuity. The above table, based on $100,000, also gives you the minimum percentage. For example, at age 66, it is 4.17%.

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