Skip to content

TFSA calculator

Calculate how much you need to save in a tax-free savings account (TFSA) to reach your goals. You’ll get an illustration of savings growth and a comparison of returns between investing in a TFSA and investing in a non-registered account.
Find out more about the TFSA.
Annual income
$
Time horizon for your project
yrs
Min
Max
Do you know the amount you need for your project?
Province
Return rate
%
Marginal tax rate
%
  • This calculator is offered for informational purposes only.
  • It is important to check your TFSA contribution limit and respect this limit. Annual contributions are restricted to the annual limit ($6,000 for 2022, $6,500 for 2023, $7,000 for 2024 and $7,000 for 2025). Check the limit for the current year.
  • Since the introduction of the TFSA in 2009, the total contribution limit must not exceed $102,000 in 2025. You may carry forward any unused portion from previous years and add it to your annual contribution limit.
  • The rate of return used for this simulation is 5% by default. Real returns may vary.
  • The marginal rate is rounded based on income and province of residence. If no income is entered, the marginal rate is set to 40% by default.

Your TFSA savings results

$0

This result is for information purposes only and is calculated based on the information you have provided and one certain assumptions.

Make an appointment
Call an advisor
Your TFSA savings results
$0

Maximize your investments

Get strategies by entering your email address

Discover our strategies
Assess your needs with our tools
iA Financial
Compass
RRSP
Calculator
RESP
Calculator
Retirement
Calculator
TFSA
Calculator
Critical Illness
Insurance Calculator
All
tools