Investment Account Projector

Model any registered or tax-advantaged account in Canada or the United States — accumulation, preservation, and distribution in one projection.

Account type

Canada

United States

FHSA

First Home Savings Account

Annual limit: $8,000 · Lifetime: $40,000

Your contributions

Exceeds annual limit of $8,000

Typical: 5-8%

VerifiedAdvisorsHub · FHSA Projector

Your FHSA Projection

Projection

At end of contributions

$270,782

Year 30

After-tax spendable

$270,782

Tax-free

Balance over time

Accumulation
Preservation
Distribution
Your contributions$40,000
Investment growth+$230,782
Peak balance$351,680
Total tax paid over lifetime$0
Lifetime net withdrawals$420,000

A verified advisor can optimize your contribution strategy and tax treatment.

About the FHSA

🇨🇦Canada

RRSP-style deduction + TFSA-style tax-free withdrawal — for first-time home buyers.

At a glance

Annual limit$8,000 (one year carry-forward only)
Lifetime limit$40,000 per person
Time limit15 years from opening, or age 71

Best for

  • First-time home buyers age 18+ with Canadian residency
  • Anyone likely to buy within 15 years
  • Couples — each partner has their own $40k limit

Watch out for

  • If you don't buy, funds roll to RRSP (eventual tax) or are withdrawn taxable
  • Lifetime $40k is strict — no catch-up for skipped years beyond one-year carry-forward
  • Only qualifying first-home purchases trigger the tax-free withdrawal

This is educational, not financial advice. An advisor can apply it to your specific situation.

About this tool

This calculator runs a three-phase simulation: accumulation (working years with contributions and growth), preservation (wind-down near retirement with a conservative return), and distribution (retirement withdrawals).

Account-specific features are included automatically: employer match for 401(k) plans, CESG grants for RESP, CDSG grants for RDSP, tax-free growth for TFSA/Roth accounts, tax-deferred growth for RRSP/traditional accounts, and capital-gains treatment for brokerage accounts.

Projections assume constant returns and don't model sequence-of-return risk, inflation (unless toggled), or tax-law changes. A licensed advisor can run stochastic simulations and build a comprehensive retirement plan.