The remaining useful life (RUL) prediction is the core of equipment maintenance and decisionmaking. Accurate RUL prediction can make effective maintenance before the failure occurs to reduce the probability of equipment failure. However, in industrial practice, we often face the situation that prior information is insufficient or inaccurate, which could influence our prediction of RUL and reduce the prediction accuracy severely. To solve this problem, we study the issue of RUL prediction under imperfect prior degradation data by reasonably fusing the prior information and the field degradation data. Firstly, based on the linear Wiener degradation process, we prove a conclusion that the random parameter estimation results by the joint Bayesian algorithm and the expectation-maximization (EM) algorithm are the same as that by the maximum likelihood estimation (MLE) method. It shows that the joint estimation method completely overcomes the influence of prior information, and the more iterations, the smaller proportion of prior information. Secondly, we also prove that the random parameter joint updating method for the nonlinear Wiener degradation process has the same characteristics. Then, a heuristic algorithm that reasonably fuses the prior information and the field degradation data is proposed, which controls the number of iterations of the joint updating algorithm based on the credibility of the prior information. It is also applied to the nonlinear degradation process by not iterating the nonlinear coefficients. Finally, the correctness of the conclusion of this paper is verified by the simulated degradation data, and the effectiveness of the proposed heuristic updating method is verified by the actual lithium battery degradation data.