RetirePay CanadaRRIF minimum withdrawals: table and calculator
Updated October 17, 2026 · Legislated factors
An RRSP must be converted, usually to a RRIF, by December 31 of the year you turn 71. From the following year a minimum percentage of the RRIF must come out every year, set by your age on January 1. Before 71 the factor is 1 ÷ (90 − age).
RRIF minimum calculator
RRIF minimum withdrawal table
| Age on January 1 | Minimum withdrawal |
|---|---|
| 71 | 5.28% |
| 72 | 5.40% |
| 73 | 5.53% |
| 74 | 5.67% |
| 75 | 5.82% |
| 76 | 5.98% |
| 77 | 6.17% |
| 78 | 6.36% |
| 79 | 6.58% |
| 80 | 6.82% |
| 81 | 7.08% |
| 82 | 7.38% |
| 83 | 7.71% |
| 84 | 8.08% |
| 85 | 8.51% |
| 86 | 8.99% |
| 87 | 9.55% |
| 88 | 10.21% |
| 89 | 10.99% |
| 90 | 11.92% |
| 91 | 13.06% |
| 92 | 14.49% |
| 93 | 16.34% |
| 94 | 18.79% |
| 95 and older | 20.00% |
You can choose to base the minimum on a younger spouse's age, which lowers it. You can always withdraw more than the minimum.
How RRIF withdrawals are taxed
RRIF withdrawals are taxable income. They count toward the OAS clawback and reduce GIS. Withholding tax applies only to amounts above the minimum, but the whole withdrawal is taxed when you file. From 65, RRIF income can qualify for the pension income credit and pension income splitting with a spouse.
See your RRIF minimums year by year. RetirePay Canada combines CPP, OAS, GIS, RRSP, TFSA and other savings to estimate the monthly income your plan could support, after tax and in today's dollars.
Sources
General information, not financial, tax or legal advice. Amounts are rounded estimates; Service Canada and the Canada Revenue Agency determine actual payments. RetirePay Canada is independent and not affiliated with the Government of Canada.