/ 47
Growth of Annual $1,000 Contributions in a Tax-Deferred Plan
Notes
• This table shows the accumulated value of annual $1,000 registered retirement savings
plan (RRSP) or tax-free savings account (TFSA) contributions made at the beginning of
each year, assuming they are 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when the funds are eventually withdrawn from the RRSP or when the RRSP plan is wound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 contributions, as well as the income earned in the plan, are not subject to tax
when withdrawn.
/ 47
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
2,060
2,122
2,184
2,246
2,310
2,374
3
3,122
3,246
3,375
3,506
3,641
3,779
4
4,204
4,416
4,637
4,867
5,105
5,353
5
5,308
5,633
5,975
6,336
6,716
7,115
6
6,434
6,898
7,394
7,923
8,487
9,089
7
7,583
8,214
8,897
9,637
10,436
11,300
8
8,755
9,583
10,491
11,488
12,579
13,776
9
9,950
11,006
12,181
13,487
14,937
16,549
10
11,169
12,486
13,972
15,645
17,531
19,655
15
17,639
20,825
24,673
29,324
34,950
41,753
20
24,783
30,969
38,993
49,423
63,002
80,699
25
32,671
43,312
58,156
78,954
108,182
149,334
30
41,379
58,328
83,802
122,346
180,943
270,293
35
50,994
76,598
118,121
186,102
298,127
483,463
40
61,610
98,827
164,048
279,781
486,852
859,142
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of September 30, 2013