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

TFSA

Tax-Free Savings Account

Annual limit: $7,000

Your contributions

Exceeds annual limit of $7,000

Typical: 5-8%

VerifiedAdvisorsHub · TFSA Projector

Your TFSA Projection

Projection

At end of contributions

$737,348

Year 30

After-tax spendable

$737,348

Tax-free

Balance over time

Accumulation
Preservation
Distribution
Your contributions$220,000
Investment growth+$517,348
Peak balance$916,549
Total tax paid over lifetime$0
Lifetime net withdrawals$1,500,000

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

About the TFSA

🇨🇦Canada

No deduction going in; tax-free growth and tax-free withdrawals, forever.

At a glance

2024 room$7,000 for the year
Cumulative room~$95,000 if eligible every year since 2009
Withdrawal rulesAny amount, any time; room restored next year

Best for

  • Lower current tax bracket than expected retirement bracket
  • Avoiding OAS clawback in retirement
  • Flexible mid-life savings (down payment, sabbatical, emergency)

Watch out for

  • No deduction — contributions are post-tax
  • Day-trading frequency inside a TFSA can trigger CRA business-income reassessment
  • Over-contribution penalty of 1%/month

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.