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rrif guide: strategies and withdrawals for retirement

How Much Do You Have To Take Out Of A RRIF?

Use A RRIF Minimum Withdrawal Calculator

To determine how much you have to take out of a RRIF, use the RRIF minimum withdrawal calculator below. It will calculate your required minimum withdrawal rate.

Under the law, Canadians aged 71 must convert their RRSP into a RRIF or an annuity. Below are the minumum percentages Canadian seniors must draw from their RRIFs annually commencing no later than age of 71.

The minimum amount must be paid to you in the year after the year the RRIF is established. Earnings in a RRIF are tax-free, and amounts paid out of a RRIF are taxable when you receive them.

Complete the fields below to obtain your minimum RRIF withdrawal and a RRIF Guide.

rrif minimum withdrawal calculator


This information and content are provided for your general guidance, based on information we believe to be accurate, but without a guarantee of accuracy or completeness. This calculator is not intended to constitute financial or tax advice.

Phil Barker

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Phil Barker

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