College Savings Calculator

Plan for your child's college education with projected costs and savings goals.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

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

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