This TFSA calculator provides estimated projections based on the information you enter and various assumptions, with actual results differing due to real market conditions, total annual income, marginal tax rates individual circumstances, and other factors.  

Important considerations and assumptions include:

• projections are presented in real dollars, without adjustments for inflation or growth

• this calculator assumes a constant annualized return, without regard to compounding frequency.  

• the calculation assumes that both the TFSA account and the non-registered account earn income, which is compounded annually.

• tax is deducted annually from the taxable account at the 2025 marginal tax rate

• contributions are made at the start of each period

• a 52-week year is used with no partial years considered

• no investment fees are considered in these calculations.

• to estimate income from non-registered investments, the calculator applies an assumed tax rate based on the user’s marginal tax rate for ordinary income as determined by their gross income and province or territory. The actual after-tax income from non-registered investments may vary from the projected values if investments generate capital gains or dividends instead of ordinary income, or if the amount of investment income exceeds the difference between gross income and the upper limit of the marginal tax bracket.

• income is earned and received monthly

• projected rates of return may differ from actual returns.

• future TFSA contribution limit increases are not incorporated.

This calculator is intended for general informational purposes only and should not be relied upon for specific investment, tax, or retirement planning advice. Past performance does not guarantee future returns, and actual results may differ due to various uncontrollable factors. We recommend consulting a financial advisor to create a personalized strategy tailored to your financial goals.

Matco Financial Inc. does not guarantee the accuracy or completeness of the results and will not be held liable for any actions taken based on the information provided.

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