Lifetime Tax Paid (65–95)
$0
Includes CRA withholding & clawback
Cumulative OAS Clawback
$0
0 years over $90,997 recovery line
Sheltered TFSA at 95
$0
Tax-free legacy generated
Ending Net Estate (Age 95)
$0
After full terminal tax liability
30-Year Decumulation Trajectory & Tax Footprint
RRIF Balance
TFSA Sheltered
Annual RRIF Withdrawal
Total Tax & Clawback
📋 Prescribed Minimum Rates
Under 71: 1 / (90 - Age). At 71: 5.28%, climbing to 6.58% at 78, 8.75% at 84, and capped at 20.00% at 95+. No minimum is required in the setup year.
💲 Excess Withholding Tax
CRA mandates zero withholding on the mandatory minimum, but withholds on amounts above: 10% on first $5k excess, 20% on $5k–$15k, 30% above $15k.
⚖️ OAS Recovery Clawback
Retirees forfeit 15% of net world income exceeding the OAS clawback threshold ($90,997 for 2024/2025). Large forced RRIF spikes often trigger this penalty.
Year-by-Year CRA Compliance & Tax Schedule
Hover rows for marginal tax bracket inspection| Age | Prescribed % | Starting RRIF | CRA Minimum | Actual Gross | Withholding | Other Inc. | Net Tax Paid | OAS Clawback | TFSA Transferred | Ending RRIF |
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