Starting BalanceThe current amount in any existing TFSAs.
Contribution AmountThe amount of the routine investment into the TFSA. TFSA contribution room accumulates every year you are 18 or older and a resident of Canada at any time during the year
Contribution FrequencyThe frequency of contributions to the TFSA: weekly, bi-weekly, semi-monthly, monthly or yearly.
No. of Contribution YearsThe number of years that investments will be made to the TFSA.
Annual Rate of ReturnThe annual interest rate you expect to receive from your TFSA investment. %
Annual IncomeYour personal income before taxes and/or other deductions.
This TFSA calculator assumes the following: