Using your age or your spouse’s age, along with your expected rate of return, the RRIF Payment Calculator can help determine your RRIF payments and how long your RRIF will last.

I read you can base your RRIF withdrawals on your wife’s age to minimize them. Can you please explain exactly what that means ...

Converting your RRSP to a RRIF is clearly one of the best of three alternatives at age 71, he says. “That’s because RRIFs offer more flexibility and tax savings than annuities or a lump-sum ...