How It Works | TwoPotCalculator.co.za
How the Calculator Works
Our tool helps you estimate:
- Withdrawal Amount: How much you can take from your Savings Pot.
- Tax Payable: The income tax deducted from your withdrawal.
- Future Value: Projected growth of your retirement savings.
Example Calculation: (Referencing your image)
- Current Savings: R12,000
- Withdrawal Amount: R5,000
- Tax Payable: R900 (Marginal Rate: 18%)
- Amount Received: R4,100
- Future Value Impact: Minimal reduction in long-term growth.