RRSP Calculator

Calculate your Registered Retirement Savings Plan growth and tax benefits.

Your Information

2024 Earned Income (for 2025 contribution room)

Your 2025 RRSP room is based on 18% of your 2024 income, up to $32,490

Current Age

Retirement Age

Current RRSP Balance

Unused Contribution Room (Carry-Forward)

Unused RRSP contribution room from previous years (check your CRA Notice of Assessment)

Annual Contribution Amount

Province/Territory

Expected Annual Return (%)

6% is realistic for a balanced portfolio in 2025

Expected Retirement Income

Used to estimate withdrawal tax (CPP, OAS, pension, RRSP withdrawals)