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when the funds are eventually withdrawn from the RRSP or when the RRSP plan is wound 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when withdrawn.

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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

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Current as of September 30, 2013