TFSA Contribution Room and Growth Calculator
Someone eligible since 2015 has $78,000 of TFSA room in total. After contributing $30,000 with no withdrawals, $48,000 is left. Saving $300 a…
Savings and Retirement Calculators for Canadians
This hub is for savers at any stage, from a first job to retirement planning. It covers which account to use, how much to put in and how long a goal takes to reach.
Begin with the budget calculator to see what is left each month. Then compare the RRSP calculator, the TFSA calculator and the FHSA calculator. The FHSA suits a first home, allowing $8,000 a year and $40,000 in total. The retirement calculator shows whether your plan holds up over decades.
An RRSP deduction lowers your tax, so it helps to know your bracket. The Ontario income tax guide covers that. If a home purchase is the goal, the Ontario mortgage guide shows what a lender will ask for.
Small differences in return and timing add up over twenty years, so try several rates instead of one. The tools show growth in future dollars, and results are estimates, since real markets do not move in a straight line.
Limits come from the Canada Revenue Agency: $33,810 for the RRSP and $7,000 for the TFSA in 2026. We update them every year when the CRA announces new figures.
Savings and Retirement Calculators for Canadians on this site
- Interest Calculator (Simple & Savings) Work out simple or compound interest on any amount.
- Compound Interest Calculator See how savings grow with compound interest and monthly contributions.
- Retirement Calculator Estimate your savings at retirement and the income they could pay.
- RRSP Calculator Estimate the tax an RRSP contribution saves you in Ontario and how it can grow.
- GIC Calculator Work out the value of a GIC at maturity with simple or compound interest.
- Net Worth Calculator Add up your assets and debts to see your net worth.
- Monthly Budget Calculator Plan a monthly budget and see what is left over.
- TFSA Calculator Find your TFSA contribution room and see tax-free growth.
- FHSA Calculator See how an FHSA can grow and what the deduction is worth.
- Toronto Cost of Living Calculator Add up your monthly and yearly living costs in Toronto: rent, utilities, transit, food and lifestyle.
Every calculator lists its sources. Read how the calculators work and our editorial policy.
RRSP Calculator for Ontario Residents in 2026
Take an Ontario resident with $90,000 of taxable income who puts $8,000 into an RRSP. In 2026 that saves about $2,372 in tax, so the real cost…
Retirement Savings Calculator for Canadians
Take a 35-year-old with $60,000 saved who adds $800 a month until 65, at a 5% return. That could grow to about $933,872, or about $515,563 in…
Net Worth Calculator for Canadians
In the example, assets of $765,000 minus debts of $415,000 leave a net worth of $350,000, and debts equal 54.2% of assets. Type in your own…
Simple and Compound Interest Calculator
Put $5,000 away at 3.5% for five years and simple interest pays $875, for a total of $5,875. Compounded monthly, the same money earns $954.71.…
GIC Calculator for Canadian Savers
Put $10,000 into a GIC at 4% for three years, compounding yearly, and it is worth $11,248.64 at maturity. That is $1,248.64 in interest.…
FHSA Calculator for First-Time Home Buyers
Put the yearly maximum of $8,000 into an FHSA for five years at a 5% return and you end up with about $45,337. Of that, $40,000 is your own…
Compound Interest Calculator with Contributions
Start with $10,000, add $300 a month at 6% for 20 years, compounded monthly, and you end up with about $171,714. Counting the starting amount,…
Monthly Budget Calculator for Canadian Households
A household with $5,200 a month after tax that spends $4,500 has $700 left. Needs, meaning housing, bills, food, transport, insurance and…