Saving for College
When putting aside money for college, the expression, "every little bit helps" takes on a new meaning. Every dollar you put aside today can make a big difference tomorrow. So don't be discouraged if you come up short when using this calculator. Rather, consider building on what you've done to get better prepared for the future.
Your Current Situation
College Cost Projections
Your Projection
College Cost Breakdown
Savings Over Time
Congratulations. It looks like you have made saving for college a priority. It shows! The next question is, “now what?” Do you keep putting money aside for college? Do you focus on other financial priorities? There's no easy answer, but you are in a great position to start the discussion!
The Expected Rate of Return is a hypothetical example used for illustrative purposes only. It is not representative of any specific investment or combination of investments. This worksheet provides estimates based on certain assumptions, including the rate of inflation. The results are not a guarantee of performance, specific investment advice or a forecast. The rate of return on investments will vary over time, particularly for longer-term investments. Investments that offer the potential for high returns also carry a high degree of risk. Actual returns will fluctuate.
