Calculator
TFSA Calculator
Project your Tax-Free Savings Account growth and see how much of your future wealth will never be taxed.
$20,000
$7,000
2024 limit: $7,000/year | Cumulative room since 2009: $95,000
20 years
6%
Growth Over Time
TFSA Balance in 20 Years
$321,642
100% tax-free — no withdrawal tax ever
Total Contributions
$160,000
What you put in
Tax-Free Gains
$161,642
Never taxed on withdrawal
Room Remaining (est.)
$75,000
Cumulative 2024 limit: $95,000
TFSA withdrawals restore contribution room the following January 1st. Over-contributions are penalized at 1%/month.
Learn More About TFSAs →