College Savings Calculator

Select Calculator: Mortgage | Payments | College

Calculate what you will need to save for college!

This calculator is provided only as a guideline to help you gage your needs. Investment results can vary considerably depending on the type of securities involved, general market conditions and other factors.

ASSUMPTIONS
College costs will increase	% a year
Your investments will return	% a year after taxes.
Your child will enter college at age

YOUR CHILD/SCHOOL
Current annual costs:*
Number of years in college:
Amount you've already put aside:
Your child's age now:

RESULTS
4 Years of College Will Cost
(1) The Future Value of your Investment is
(2) Your annual contribution needs to be

* The College Board puts the national average at $12,841 for a public school and $22,218 for a private college, which includes room, board and tuition.

(1) Based on assumptions used, your college savings pool will be this when your child enters college.

(2) Amount to add to college savings fund at the start of each year.

DISCLAIMER: Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.