Your Plan

The annual contribution limit rose to R46,000 from the 2027 year of assessment (1 March 2026).
How much you put into the TFSA each period. The annual total counts against the contribution limit.
R

Annual: R 36 000 · Limit: R 46 000

The average yearly return you expect. This is an assumption — markets vary.
9% per year
How many years you plan to keep contributing and staying invested.
20 years
Used to estimate the tax a comparable non-TFSA (taxable) account would pay on its growth.

You reach the R 500 000 lifetime limit in year 14; contributions are capped there.

This calculator provides estimates only and does not constitute financial or tax advice. Returns are assumed and not guaranteed. The taxable-account comparison applies your marginal rate to all growth as a simplification — real tax depends on the mix of interest, dividends and capital gains and the exemptions that apply. Consult a registered adviser.

Tax Saved Over 20 Years

R 540 526

vs the same money in a taxable account.

TFSA Value

R 1 704 995

Total Contributed

R 500 000

2027 (Mar 2026 – Feb 2027)

TFSA vs Taxable Account

Detailed Breakdown

Total ContributedR 500 000
Tax-Free GrowthR 1 204 995
TFSA Final ValueR 1 704 995
Taxable Account ValueR 1 164 469
Tax SavedR 540 526
All interest, dividends and capital gains inside a TFSA are tax-free.