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Canada RRSP Calculator

Project your RRSP growth to retirement with tax refund tracking. See how contributions reduce your tax bill and grow tax-deferred over time.

RRSP Projection

2025 limit: $32,490 or 18% of previous year income (whichever is less)

RRSP Projection Results

Projected RRSP Balance$646,589
Total Contributions Made$300,000
Investment Growth$346,589
Total Tax Refunds$75,000

RRSP vs Taxable Account

With RRSP$646,589
Taxable Account (after-tax)$390,811
RRSP Advantage$255,778

By contributing to an RRSP instead of a taxable investment account, you could accumulate an additional $255,778 by retirement.

Projection Chart

Year 0RRSP: $50,000 | Taxable: $50,000
Year 2RRSP: $75,625 | Taxable: $67,806
Year 4RRSP: $103,877 | Taxable: $86,881
Year 6RRSP: $135,024 | Taxable: $107,314
Year 8RRSP: $169,364 | Taxable: $129,202
Year 10RRSP: $207,224 | Taxable: $152,650
Year 12RRSP: $248,964 | Taxable: $177,767
Year 14RRSP: $294,983 | Taxable: $204,674
Year 16RRSP: $345,719 | Taxable: $233,497
Year 18RRSP: $401,655 | Taxable: $264,372
Year 20RRSP: $463,324 | Taxable: $297,447
Year 22RRSP: $531,315 | Taxable: $332,878
Year 24RRSP: $606,275 | Taxable: $370,832
With RRSP
Taxable Account

Disclaimer: This calculator provides estimates based on your inputs and does not account for inflation, market volatility, withdrawal rates in retirement, or changes to tax rates. Tax refunds shown assume your marginal rate remains constant. For personalized retirement planning, consult a certified financial advisor or tax professional.

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