TFSA vs. RRSP vs. Taxable Comparison Calculator What investment account do I fill first? Locate assets to minimize your tax bill and maximize long-term wealth. What It Does: Shows, through example, how after tax wealth changes depending on the account you use to invest.TFSARRSPTaxable I use this tool to model after-tax wealth to see if I should contribute to the TFSA, RRSP, and taxable accounts.Helps to understand unique cases where a taxable account can be better than an RRSP. What You Need to Do: Get The Comparison Calculator Make it your own: Save to your Google Drive or download an excel copy. Tinker with current and expected tax rates in retirement to see which accounts maximize after-tax wealth. Tax rates in retirement are uncertain! Related Resources Maxed Out TFSA, Now What? TFSA Contribution Room CalculatorUnderstand Index Funds: A Simple Way to InvestUnderstand Taxes for Investing: A Guide for Canadians