Where does retirement income come from?
As you approach this exciting next stage of your life, you may have questions about where you’ll get your retirement income.
What are RRIFs?
A registered retirement income fund (RRIF) turns the accumulated value of a registered savings plan – typically an RRSP – into retirement income.
Let’s compare the options
Depending on your financial situation, RRIFs, LIFs and payout annuities may all play a role in your retirement income planning solutions.