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Growth of a Single $1,000 Contribution in a Tax-Deferred Plan

Notes

• This table shows the accumulated value of a $1,000 one-time registered retirement

savings plan (RRSP) or tax-free savings account (TFSA) contribution made in Year 0, 

assuming the contribution is left in the plan to grow over a number of years, at various 

interest or growth rates. 

• The accumulated values do not take into account any income taxes that would be payable

when the funds are eventually withdrawn from the RRSP or when the RRSP plan is wound 

up. The TFSA contribution, as well as the income earned in the plan, are not subject to tax 

when withdrawn.

Number

of Years

Funds Held

in RRSP

Annual Growth Rate

2%

4%

6%

8%

10%

12%

1

$  1,020

$  1,040

$  1,060

$  1,080

$  1,100

$  1,120

2

1,040

1,082

1,124

1,166

1,210

1,254

3

1,061

1,125

1,191

1,260

1,331

1,405

4

1,082

1,170

1,262

1,360

1,464

1,574

5

1,104

1,217

1,338

1,469

1,611

1,762

6

1,126

1,265

1,419

1,587

1,772

1,974

7

1,149

1,316

1,504

1,714

1,949

2,211

8

1,172

1,369

1,594

1,851

2,144

2,476

9

1,195

1,423

1,689

1,999

2,358

2,773

10

1,219

1,480

1,791

2,159

2,594

3,106

15

1,346

1,801

2,397

3,172

4,177

5,474

20

1,486

2,191

3,207

4,661

6,727

9,646

25

1,641

2,666

4,292

6,848

10,835

17,000

30

1,811

3,243

5,743

10,063

17,449

29,960

35

2,000

3,946

7,686

14,785

28,102

52,800

40

2,208

4,801

10,286

21,725

45,259

93,051

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affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Current as of September 30, 2013