Mitch Gardner

TFSA vs Non-Registered Growth

Compare projected growth inside a TFSA versus a taxable (non-registered) account to illustrate the long-term impact of tax efficiency. This model uses a simple annual tax drag assumption for the non-registered account (for illustration only).

Inputs

$10,000
$300
20
5.0%
Illustrative modelling rate only.
35.0%
This model applies a simple tax drag to annual returns in the taxable account.

Results

Projected TFSA value

$0

Tax-sheltered growth

Projected taxable value

$0

After simplified annual tax drag

Estimated difference

$0

TFSA minus taxable

Total contributions

$0

Initial + monthly deposits

Planning note

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Important: This calculator is for general information only and provides illustrative estimates based on the inputs provided. The non-registered estimate applies a simplified annual tax drag and does not model actual tax rules for interest, dividends, or capital gains. Actual outcomes will vary based on investment type, timing, and personal circumstances.