Am I on track for retirement?
See what your current savings and monthly RRSP or TFSA contributions could grow to, whether that reaches your goal, and how much a month it would take if it does not.
Assumptions
- Contributions are made monthly and raised once a year by the percentage you enter. Returns are steady and compounded monthly; real markets go up and down.
- Balances are before tax. RRSP money is taxed when withdrawn; TFSA money is not.
- Not sure of your goal? Use the "How much do I need to retire?" calculator, then enter its result here.
- 2026 limits: TFSA $7,000; RRSP 18% of 2025 earned income up to $33,810, less any pension adjustment.
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
- Canada.ca: 2026 TFSA limit ($7,000) and RRSP limit ($33,810)
- Canada.ca: RRSP and TFSA dollar limits by year
Figures checked October 16, 2026. Rules and limits change; confirm with the source before acting.
Related
All retirement calculators: how much you need · am I on track · monthly withdrawal · how long savings last · CPP start age · RRIF minimum.