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Our response:

Thanks for your question, Shirley. We do have a Registered Retirement Income Fund (RRIF) Withdrawal Calculator to help estimate how long your savings will last.

The Canadian Retirement Income Calculator is a government resource that allows you to calculate expected retirement income from all sources – including RRIFs, other registered plans (like TFSAs), company pension plans, CPP and OAS.

The calculators on GetSmarterAboutMoney.ca, as well as the Canadian Retirement Income Calculator are only able to provide estimated retirement income. To learn more about the income you may expect in retirement, and to discuss your financial needs in retirement, speak to a financial advisor.