College Savings Calculator

Estimate future college costs and the monthly savings needed.

Result will appear here

How to Use:

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