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Impact of a withdrawal from RRSP calculator


Your retirement could be impacted if you are unable to save or if you need to remove money to fund larger expenses (such as additional costs to recover from a serious illness, income replacement due to death of a spouse or, helping fund your child's education).

This tool will show you what the potential impact could be to your retirement plans. Try experimenting with different withdrawal amounts at different ages and different assumed rates of growth.


Your current RRSP savings:
(enter a whole number)
$      Assumed rate of growth:  %
Your RRSP contributions:
(enter a whole number)
$    Your current age:
     Your retirement age:
(from 60 to 71 inclusive)

Estimate the amount you'd want to withdraw:
Withdrawal of:
(enter a whole number)
$  
at age:   at a taxable rate of:  %
Your RRSP savings at retirement if no withdrawal is made: $     Your RRSP savings at retirement if this withdrawal is made: $  

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