RRSP Calculator

Tax-deductible going in, taxed coming out. See your RRSP grow, the refunds it earns, and what it is worth after tax.

📖 About this tool

What it does

Compounds RRSP contributions tax-deferred, tallies the tax refunds your deductions generate, and shows the after-tax value at your retirement rate. The strategy shines when you contribute at a high rate and withdraw at a lower one.

Who this helps

Working Canadians in higher tax brackets saving for retirement — especially if they expect a lower rate in retirement.

What it doesn't do

Simplifies refunds as contributions × marginal rate, and assumes a single withdrawal rate. Ignores RRIF conversion rules and contribution-room limits.

Inputs

Your RRSP

Your RRSP

RRSP Value Over Time
Year-by-Year
YearBalanceInvestedGains