Compound interest / TFSA growth
Small, regular contributions plus time do most of the work. In a TFSA, all of that growth is tax-free.
Assumptions
- Return compounded monthly; contributions at month end; no fees or taxes.
- 2026 TFSA annual limit is $7,000 (about $583/month); unused room carries forward.
- Returns aren't guaranteed; actual results vary year to year.
General information, not financial advice. This calculator gives rough estimates from simplified assumptions. It does not know your full situation. Check with a qualified professional and the official sources before making decisions.
Sources
Figures checked October 16, 2026. Rules and limits change; confirm with the source before acting.