What is a LIF minimum withdrawal?

A LIF minimum withdrawal is the required percentage that must be taken out of a Life Income Fund each year, based on your age and provincial pension rules.

How is the LIF withdrawal rate calculated?

LIF minimum withdrawal percentages are based on your age and follow provincial pension rules. Ages 71 to 94 have specific CRA-defined factors, and ages 50 to 70 follow the standard formula.

What is the 2026 LIF minimum withdrawal rate at age 65?

At age 65, the minimum LIF withdrawal rate for 2026 is 4.00%, calculated using the standard Canadian LIF formula.

Does the LIF minimum rate change every year?

Yes. LIF minimum withdrawal percentages may change based on updates to pension laws or CRA formulas. The 2026 factors are reflected in this calculator.

LIF Minimum Withdrawal Calculator

2026

Based on official 2026 LIF minimum withdrawal factors set by the CRA and provinces.