Article “Understanding RRIFs and annuities key to solving pension dilemma” by Brenda Shanahan.
This is a very good approach to a recurring problem, a RRIF or an annuity?
As your RRIF payment is increased involuntarily each year, you need to make sure that your investment gains in value to match the amount of the withdrawal as closely as possible. Otherwise your capital starts to disappear while you are forced to withdraw a greater percentage each year, thus compounding the problem.