RRIF Calculator

Use this RRIF Calculator to insert your Initial Deposit Amount (e.g. your RRSP balance at age 71) and find out the amount of the payments you would receive after converting to a RRIF. Based on the information that you input, a page will be generated listing your RRIF information.
Prepared For (Optional):
Product Type
Payment Options
Specified Amount per Payment $
(Option B)
If Option B is chosen, you must enter the amount in the "Specified Amount per Payment" section. This option is available for RRIF products only.
Specified Payment Period (Years)
(Option C)
If Option C is chosen, you must enter the payment period in the "Specified Payment Period"section.
Date of Birth (DD/MM/YYYY)
Initial Deposit Amount
Deposit Date (DD/MM/YYYY)
Number of Payments per Year
First Payment Date (DD/MM/YYYY)
Constant or Multiple Interest Rate(s)
Annual Interest Rate %
(for Constant Interest Rate)

Compounding Periods per Year
Multiple Interest Rate Specification (for Multiple Interest Rate):

(If you have chosen the Multiple Interest Rate factor, list the multiple interest rates in order of present to future. (i.e. enter the rates 8.00%, 8.00%, 7.25%, 7.00%, 7.00%, 7.00%, 6.75% as follows: 8.00*2 7.25 7.00*3 6.75)
Use the "Back" button on your browser menu to return to this page.
Contact IC Savings staff at your nearest branch for further information. They will be happy to consult with you regarding your RRIF needs.

The information provided is an illustration only and is based upon the variables chosen above. Actual results may differ.