Island Savings

RRIF Calculator

Our Retirement Income Fund Calculator can help you determine what your minimum RRIF withdrawal amount will be once you retire, how long your RRIF will last as a source of retirement income, and also your payment options based on the length of your investment.

      Age at last RRIF payment:
      Total interest:
      Total amount of interest earned during the length of the RRIF.
      Total of RRIF payments:
      Total amount of all RRIF payments during the length of the RRIF.

      This calculator is simply a tool you can use for illustrative purposes and is not intended to provide financial advice. The applicability and accuracy of the calculations are not guaranteed. To get a better idea of how a retirement income fund can work for your specific needs, we'd encourage you to contact one of our investment specialists today!