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College Saving Calculator
Personal Information
Name
Birth year
Expected Age to Begin College
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
Expected Length of Time to Attend College
1
2
3
4
5
6
7
8
Additional Information
Current Savings for College
Current Actual Costs of College per Year
Expected Rate of Return of Money Invested
1%
1.5%
2%
2.5%
3%
3.5%
4%
4.5%
5%
5.5%
6%
6.5%
7%
7.5%
8%
8.5%
9%
9.5%
10%
10.5%
11%
11.5%
12%
12.5%
13%
13.5%
14%
14.5%
15%
15.5%
16%
16.5%
17%
17.5%
18%
18.5%
19%
19.5%
20%
20.5%
21%
21.5%
22%
22.5%
23%
23.5%
24%
24.5%
25%
Expected Rate of Inflation
1%
1.5%
2%
2.5%
3%
3.5%
4%
4.5%
5%
5.5%
6%
6.5%
7%
7.5%
8%
8.5%
9%
9.5%
10%
10.5%
11%
11.5%
12%
12.5%
13%
13.5%
14%
14.5%
15%
15.5%
16%
16.5%
17%
17.5%
18%
18.5%
19%
19.5%
20%
20.5%
21%
21.5%
22%
22.5%
23%
23.5%
24%
24.5%
25%
SUMMARY INFORMATION
Current Age of Jonh
Estimated Costs of College per Year (1st Year)
Estimated Costs of College (4 Years)
Number of Years Until College
Future Value of Current Savings for College
Estimated Costs of College (4 Years) Less Savings
Estimated Required Annual Savings
20,889
Estimated Required Monthly Savings
1,741
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