How Does Your TFSA Compare to the $109,000 Milestone?

TFSA comparisons hinge on the $109,000 milestone for 2026, which represents a theoretical maximum TFSA contribution room. The figure applies to someone who has been a Canadian resident since before 2010, was born in 1991 or earlier, and has never made a contribution or withdrawal. The article notes that few Canadians reach the full room due to life events such as buying homes, paying down debt, raising families, and unexpected expenses. It explains two BMO ETFs for long-term tax-free growth and current income: BMO Growth ETF Portfolio (TSX: ZGRO) and ZGRO.T, which targets an approximately 6% annual distribution yield. Both provide an 80% equities/20% fixed income global allocation, with ZGRO listed at about 0.18% MER.