RRIF Minimum Withdrawal Calculator
Calculate the mandatory minimum withdrawal from your RRIF by age.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
$
Minimum Withdrawal at Age 72
$27,000.00
5.4% of $500,000.00
Monthly (minimum)
$2,250.00
Minimum Rate
5.4%
Age 72 rate
Projected Withdrawals
| Age | Rate | Balance | Withdrawal |
|---|---|---|---|
| 72 | 5.4% | $500,000.00 | $27,000.00 |
| 73 | 5.53% | $491,920.00 | $27,203.18 |
| 74 | 5.67% | $483,305.50 | $27,403.42 |
| 75 | 5.82% | $474,138.16 | $27,594.84 |
| 76 | 5.98% | $464,405.05 | $27,771.42 |
| 77 | 6.17% | $454,098.97 | $28,017.91 |
| 78 | 6.36% | $443,124.31 | $28,182.71 |
| 79 | 6.58% | $431,539.27 | $28,395.28 |
| 80 | 6.82% | $419,269.74 | $28,594.20 |
| 81 | 7.08% | $406,302.57 | $28,766.22 |
| 82 | 7.38% | $392,637.80 | $28,976.67 |
| 83 | 7.71% | $378,207.58 | $29,159.80 |
| 84 | 8.08% | $363,009.68 | $29,331.18 |
| 85 | 8.51% | $347,025.64 | $29,531.88 |
| 86 | 8.99% | $330,193.51 | $29,684.40 |
| 87 | 9.55% | $312,529.48 | $29,846.57 |
| 88 | 10.21% | $293,990.23 | $30,016.40 |
| 89 | 10.99% | $274,532.78 | $30,171.15 |
| 90 | 11.92% | $254,136.09 | $30,293.02 |
| 91 | 13.06% | $232,796.79 | $30,403.26 |
| 92 | 14.49% | $210,489.27 | $30,499.90 |
| 93 | 16.34% | $187,188.95 | $30,586.67 |
| 94 | 18.79% | $162,866.37 | $30,602.59 |
| 95 | 20% | $137,554.33 | $27,510.87 |
Frequently Asked Questions
When must I convert RRSP to RRIF?
You must convert your RRSP to a RRIF by December 31 of the year you turn 71. You can convert earlier if you wish.
Do I have to withdraw the minimum?
Yes, you must withdraw at least the minimum each year. You can withdraw more, but the minimum is mandatory and taxed as income.
Why do withdrawal rates increase with age?
The government designed RRIF minimums to gradually deplete the fund during your lifetime. Rates increase each year to ensure the money is drawn down and taxed.
Official Data Sources
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · MethodologyDisclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.
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