How do I withdraw money from an RRSP to provide retirement income?
At any time before age 69, you can withdraw income from your RRSP. By the end of the year in which you turn 69, you must convert your RRSP, while remaining tax-deferred, to a registered retirement income fund (RRIF) or an annuity. You must begin withdrawing taxable income from your registered savings in the next year. A minimum percentage of the value of your RRIF, increasing annually, must be withdrawn as taxable income. Where there is a younger spouse or common-law partner, you can choose to base the withdrawals on the younger partner's age.