RRSP vs TFSA Comparison

Compare the benefits of RRSP and TFSA to determine the best savings strategy for your financial situation.

Your Information

Current Age

Current Annual Income

Expected Retirement Income

Province

Initial Investment

Monthly Contribution

Time Horizon (Years)

Expected Annual Return (%)

Savings Goal

Reinvest RRSP tax refunds

When enabled, annual tax refunds are reinvested and compounded. This provides a fair comparison by assuming you use your RRSP tax savings productively.