TFSA Growth Calculator
See how your tax-free investments could grow over time with the power of compound interest.
Your Inputs
R
Starting amount (optional)
R
Max R3,000/month to stay within annual limit
4%15%
1 year40 years
Final Value
R 1,976,487
Total Invested
R 500,000
Tax-Free Growth
R 1,476,487
Growth Over Time
R 1,976,487R 1,482,365R 988,244R 494,122R0
Year 1
Total: R 37,697
Year 2
Total: R 79,341
Year 3
Total: R 125,345
Year 4
Total: R 176,167
Year 5
Total: R 232,311
Year 6
Total: R 294,334
Year 7
Total: R 362,851
Year 8
Total: R 438,543
Year 9
Total: R 522,161
Year 10
Total: R 614,535
Year 11
Total: R 716,581
Year 12
Total: R 829,314
Year 13
Total: R 953,850
Year 14
Total: R 1,087,419
Year 15
Total: R 1,201,286
Year 16
Total: R 1,327,077
Year 17
Total: R 1,466,039
Year 18
Total: R 1,619,552
Year 19
Total: R 1,789,141
Year 20
Total: R 1,976,487
Year 1Year 10Year 20
Contributions
Tax-Free Growth
Year-by-Year Breakdown
| Year | Start Balance | Contributions | Growth | End Balance |
|---|---|---|---|---|
| 1 | R 0 | R 36,000 | R 1,697 | R 37,697 |
| 2 | R 37,697 | R 36,000 | R 5,644 | R 79,341 |
| 3 | R 79,341 | R 36,000 | R 10,005 | R 125,345 |
| 4 | R 125,345 | R 36,000 | R 14,822 | R 176,167 |
| 5 | R 176,167 | R 36,000 | R 20,144 | R 232,311 |
| 6 | R 232,311 | R 36,000 | R 26,023 | R 294,334 |
| 7 | R 294,334 | R 36,000 | R 32,517 | R 362,851 |
| 8 | R 362,851 | R 36,000 | R 39,692 | R 438,543 |
| 9 | R 438,543 | R 36,000 | R 47,618 | R 522,161 |
| 10 | R 522,161 | R 36,000 | R 56,374 | R 614,535 |
| ... and 10 more years | ||||