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TFSA Growth Projector

See how tax-free compounding turns small monthly contributions into a significant nest egg — with a year-by-year breakdown.

Monthly Compounding Contributions vs. Growth 2025 Limit: $7,000/yr
Your TFSA Inputs

The TFSA Advantage

Every dollar you earn inside a TFSA — whether from interest, dividends, or capital gains — is completely tax-free. In a regular account, you'd pay tax on that growth each year. Over 10–20 years, this difference compounds into tens of thousands of dollars.

  • 2025 annual TFSA limit: $7,000 ($583/month)
  • Cumulative room since 2009 (if 18+ in 2009): $95,000
  • You must be 18+ and a Canadian resident to contribute
  • Withdrawals are added back to your room the following year
Projected Growth
Projected Balance
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Total Contributed
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Tax-Free Growth
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Your contributions
Tax-free growth

This calculator uses monthly compounding. Returns are hypothetical — past investment returns do not guarantee future results. TFSA contribution limits are set by the CRA and subject to change. This is for educational purposes only and does not constitute financial advice.