Running out of RRIF funds during retirement- baloney | RRSPs and RRIFs | Discussion forum

See this article.

If you think your getting too much vs your personal expected life expectancy then, you, your advisor or your power of attorney can:

Run your own set of percentages to withdraw and then annually take the overage and put into a TFSA, then when out of RRIF $ put your % against your TFSA and go from there.

Most advisors that see a senior as being decently wealthy will suggest to deplete your RRIF funds in your very late 80’s.

My comment is based on that the RRIF annuitant’s only income is RRIF, pensions and savings are minimal.