College Savings Calculator
Estimate future college costs and the monthly savings needed.
Result will appear here
How to Use:
- Enter the child's current age and the age they plan to start college.
- Enter the estimated *current* annual cost of the desired college education.
- Estimate the annual inflation rate specifically for college costs.
- Estimate the average annual return rate (%) you expect on your savings/investments.
- Click the 'Calculate College Savings' button.
- The results show the estimated costs when college starts and the approximate monthly savings needed.
- Assumes a 4-year college duration and monthly savings starting now.