The TFSA vs RRSP question is Canada’s most important financial decision. Cumulative TFSA room in 2026: $95,000.
When TFSA Wins
Income under $55K, want flexibility for withdrawals, expect higher tax bracket in retirement. Use the TFSA Calculator.
When RRSP Wins
Income over $55K, need the tax deduction now, expect lower income in retirement. Try the RRSP vs TFSA Sorter.
Don’t Forget FHSA
$8,000/year, $40,000 lifetime. Tax-deductible like RRSP + tax-free growth like TFSA. First-time buyers only. Use the FHSA Calculator.
CPP Planning
When to start CPP? Use the CPP Calculator. Compound interest favors early TFSA contributions.
Track TFSA + RRSP in Richify. App Store | Google Play
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