If you do not want your data to be saved, be sure to log out before using the estimated RRIF withdrawals tool.įor more information, please see our Privacy Policy.įlexiFonds de solidarité FTQ inc., a wholly owned subsidiary of the Fonds de solidarité FTQ, is a mutual fund dealer duly registered with the Autorité des marchés financiers. Determine how long a lump sum will last over a fixed period at an assumed interest rate For example: A lump sum of R1 million at retirement will give you R8300 approx/month over a 20 year period at an growth rate of 8/annum 2. The data provided when you are logged in to your online account will be saved and used in accordance with the Fonds de solidarité FTQ's Privacy Policy. You can perform the following easy calculations on the Retirement Annuity Calculator 1. The data you provide in the estimated RRIF withdrawals tool will be used for the purpose of using this tool and may be used for targeted marketing or advertising, research, or statistical purposes. The Fonds de solidarité FTQ is not liable for any loss, damage, or other harm that may arise from the use of the estimated RRIF withdrawals tool. You should not make any decisions based on these results without consulting a FlexiFonds mutual fund advisor. This calculation estimates the amount a person can withdraw every month in retirement. But youll also need a withdrawal strategy. An aggressive savings strategy is a good start. The results do not constitute financial, legal, accounting, taxation, or other advice and should not be construed as such. Make sure you can live comfortably in your retirement years. This monte carlo retirement drawdown calculator is based on historical stock market, bond market, and inflation figures from the 1920’s to 2010’s. Actual results may vary significantly due to external factors beyond the scope of this tool. Estimated RRIF withdrawals are approximate and provided for informational purposes only results are not guaranteed.
Find out how long your savings may last when you take regular withdrawals. The results of the estimated RRIF withdrawals tool are based on the data you provide and certain assumptions. Savings Calculator - How Long Will My Money Last in Retirement Overview 88 Contact an Agent How long will my money last You've worked hard to save.
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