@kp posted:Very good information Sir.
Say when you reach the age of 70 yrs and choose to convert your RRSP into a RIF, what is the formula or percentage that you will receive monthly.
Some say your RRSP is divided by 20 then by 12 for monthly pay out.
There are sites that will give you the information KP. Perhaps do a bit of googling. I have not really looked into it.