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Investment Return Calculator
See how compound growth turns regular contributions into long-term wealth.
Canadian equity ETFs (e.g. XEQT) have averaged ~7–9% historically
Results update automatically as you type.
Start investing in a Wealthsimple TFSA with code NLX83A — get $25 free.
Open Account — Get $25 Free →Where You Hold Investments Matters
The same investment grows differently depending on the account you hold it in. Tax drag can silently cost you tens of thousands of dollars over decades — choosing the right account is as important as choosing the right investment.
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TFSA — Best for most Canadians
All growth is 100% tax-free, forever. Withdrawals don't affect OAS or income-tested benefits. Ideal for investments with high expected growth (equities, ETFs).
RRSP — Best for high-income earners
Contributions are tax-deductible and growth is tax-deferred until withdrawal. Most effective when you contribute in high-income years and withdraw in lower-income retirement years.
FHSA — Best for first-time home buyers
Combines RRSP deductibility with TFSA tax-free withdrawals. If you qualify, open and contribute to an FHSA before using your RRSP Home Buyers' Plan.
Non-Registered — After maxing registered accounts
No contribution limits, but investment income is taxed annually. Use tax-efficient investments like broad market ETFs to minimize drag. Capital gains taxed at 50% inclusion rate.