RRIF Minimum Withdrawal Planner

Estimate the 2026 RRIF minimum using the applicable age factor and balance, then compare the minimum-only baseline with a planned withdrawal. The minimum is a required floor—not a maximum.

This version estimates the official minimum, a one-year balance scenario, and an optional OAS recovery-tax scenario. It does not estimate regular income tax or recommend a withdrawal.

RRIF and withdrawal

Supported tax year Province or territory Your age on January 1, 2026 Starting RRIF balance for this projection (CAD) Planned annual withdrawal (CAD) Hypothetical annual investment return before withdrawal (%)

Province is collected for context; it does not change the RRIF minimum or this standard OAS recovery-tax estimate. No province-specific income tax is calculated.

This RRIF was established during 2026 (no statutory minimum is due for its establishment year). My RRIF issuer confirms that this account uses my spouse/common-law partner’s age for the minimum factor.

For an existing RRIF, enter its fair market value at the beginning of 2026 (normally the prior year-end value) as the starting balance. For a new RRIF, the value is used only for the investment scenario, not to calculate a first-year minimum; the scenario still assumes a full-year return even if the fund was opened later in the year. Confirm any spouse-age election and the account-specific minimum with your issuer.

Optional OAS recovery-tax estimate

Enter your estimated or known 2026 net world income from sources other than this RRIF, and your gross OAS for 2026. Include CPP, pensions, OAS and other income in the net-world-income figure as applicable; if OAS is already included there, do not add it again. The separate OAS field is used only to cap estimated recovery tax. The estimate compares the minimum-only baseline with the RRIF withdrawal shown above.

I am a Canadian tax resident and the standard 2026 OAS recovery-tax assumptions are appropriate for this estimate.

This is not a full OAS eligibility or payment calculation. Use gross OAS and other net-world-income estimates that reflect your situation; non-resident cases and other adjustments are not modeled.

Optional withdrawal comparisons

Enter up to two additional annual withdrawal amounts to compare against the minimum-only baseline.

Comparison amount 1 (CAD; optional) Comparison amount 2 (CAD; optional)

How the estimate works

For a standard RRIF that existed before the tax year, the 2026 minimum is the beginning-of-year fair market value multiplied by the factor for the age attained on January 1. For ages under 71 the factor is 1 ÷ (90 − age); age 71 and older use the prescribed factor table, capped at 20% from age 95.
No statutory minimum is due in the calendar year a RRIF is established; the minimum begins the following year. The tool does not model transfers, multiple funds, locked-in minimum/maximum rules, or qualifying legacy RRIFs.
The one-year balance scenario applies the selected annual return to the starting balance first, then subtracts the requested withdrawal: ending balance = max(0, starting balance × (1 + return) − withdrawal). If the requested amount exceeds the projected available value, only the available amount is modeled as paid and the unfunded amount is shown.
The OAS estimate compares net world income from other sources plus the minimum-only RRIF withdrawal with the entered planned withdrawal. For 2026 it uses the $95,323 threshold and a 15% recovery rate, capped at entered gross OAS received. A 2026 income-year recovery is generally deducted from July 2027 through June 2028.

Tax scope: RRIF withdrawals are generally taxable income when received. This planner does not estimate regular federal or provincial income tax, withholding, age or pension-income credits, pension splitting, deductions, GIS, or other income-tested benefits. Wealthton’s shared 2026 tax module does not model the full pension-return credits and adjustments needed for a reliable RRIF tax-change estimate, so no regular income-tax amount is shown.

A regular RRIF minimum is not a withdrawal ceiling; a larger payment may be available subject to the account terms, the available balance, and any locked-in pension restrictions.

The selected return is hypothetical, not a forecast or guarantee. Applying a full-year return before withdrawal is a simplified timing convention and does not represent daily account performance. Actual investment values and withdrawal dates may differ.

Official rules and sources

Rules reviewed October 23, 2026. Confirm account-specific calculations with your RRIF issuer and verify tax details against your return information.

Educational estimate only—not financial, tax, legal, or investment advice. This does not calculate an exact tax return or guarantee final tax payable, OAS entitlement, withholding, or issuer processing.