RRSP vs Non-RRSP Calculator
Compare Canadian registered vs non-registered retirement savings. See how the RRSP tax deduction and future withdrawal taxes affect your final after-tax nest egg.
How it works
With an RRSP, your contribution is tax-deductible at your current marginal rate, and withdrawals are taxed at your retirement rate. With a non-registered account, contributions are made with after-tax dollars, but only half the capital gain is taxed at your retirement rate. This calculator shows you which approach wins based on your tax rates today vs in retirement.
RRSP vs Non-RRSP Calculator — Canadian Retirement Savings
Compare RRSP (Registered Retirement Savings Plan) vs non-registered investing for Canadians. See the tax advantage of RRSP contributions and understand how marginal tax rates affect your retirement savings.
RRSP After-Tax$42,060
Non-RRSP After-Tax$37,981
Difference$4,079 RRSP wins