Interactive Tool

Account Comparison Calculator

Discover the real impact of taxes on your investments. Compare the long-term growth and tax implications of an FHSA, TFSA, RRSP, and Non-Registered Account, based on your province and income.

Growth Comparison at Year 20

Assuming a 6.0% annual return and a 31.48% marginal tax rate.

How tax is analyzed: In an FHSA and TFSA, investments grow tax-free. An RRSP provides a tax deduction today (assumed reinvested or saved), but withdrawals are fully taxed at your marginal rate. A Non-Registered account suffers "tax drag" annually on dividends/interest, and capital gains tax on the remainder when sold. *Assumes marginal tax rate remains consistent.

Disclaimer: This calculator is for illustrative purposes only and should not be relied upon as factual or formal tax advice. The marginal tax rates and projections are estimations and do not account for all potential tax scenarios, surtaxes, or specific exemptions. You should consult a qualified accountant or tax professional regarding your individual tax situation before making any investment decisions.