College Savings Calculator
Plan for your child's college education with projected costs and savings goals.
Child Information
years
years
Savings
$
$
%
College Costs
$
years
%
Projected College Cost
$244K
In 13 years
Projected Savings
$100K
Funding Gap
$144K
Savings Projection
$100K$244K
Cost Breakdown
Current Total Cost$120K
Year 1 (Age 18)$57K
Year 2 (Age 19)$59K
Year 3 (Age 20)$62K
Year 4 (Age 21)$65K
Total Future Cost$244K
Savings Analysis
Current Savings Growth$24K
Future Contributions Growth$76K
Total Contributions$57K
Investment Growth$43K
To Fully Fund: Increase monthly savings to $867 (currently $300)
Status: Needs Attention - Consider increasing savings