You can draw $52,681/yr to age 90
Inflation-indexed, RRSP / RRIF · $36,877/yr after tax · leaves $0 at age 90.
Max draw (pre-tax)
$52,681
per year, year one
After-tax draw
$36,877
RRSP / RRIF
Monthly after-tax
$3,073
spendable / month
Outcome at age
90
lasts · $0 left
Robustness check: if returns come in 1% lower than expected, this plan runs out at age 87 — before your target of 90.
Portfolio balance over time
nominal balance from age 65 to 90, drawing $52,681/yr indexed to inflation
Where RRIF minimums exceed your planned draw in later years, the forced withdrawal is shown in the tooltip.
Return sensitivity (±1%)
how the plan holds up if returns differ — the headline robustness check
| Return | Sustainable draw | After tax | If you keep the base plan |
|---|---|---|---|
| 3.50% return | $47,396 | $33,177 | runs out at 87 |
| 4.50% return | $52,681 | $36,877 | lasts to 90 |
| 5.50% return | $58,225 | $40,758 | lasts to 90 |
The tax cost of where the money sits
after-tax sustainable draw for this same portfolio, age, and horizon — by account type
TFSA withdrawals are tax-free, so the same portfolio supports the highest after-tax income there; RRSP/RRIF and corporate dollars are taxed on the way out. Your selected account is highlighted in gold.
Assumptions & limitations
Ontario resident, 2025 rates, one account type per run. This is a deterministic straight-line projection — a constant nominal return and inflation every year, with no sequence-of-returns risk, market volatility, or Monte-Carlo modelling. Withdrawals are taken at the start of each year and indexed to inflation; growth applies to the remaining balance. It models portfolio drawdown only — no CPP, OAS, pension, or other income, and no OAS clawback; real plans layer these in. RRSP/RRIF withdrawals are taxed at a single flat retirement rate (not the full bracket build-up or credits); non-registered uses a blended annual tax drag that simplifies capital-gains deferral; corporate uses a simplified RDTOH-recovered-at-extraction, non-eligible-dividend model that ignores the capital dividend account, GRIP, and associated-corporation effects. RRIF minimums apply from age 72 on the January-1 balance; withholding tax is not modelled (it is a prepayment, not final tax).
This tool is for illustration purposes only and does not constitute financial advice.
See the terms of use for full disclaimers. Rates must be re-verified annually.