College Savings Calculator

Use this calculator to anticipate education expenses and see how your savings plan will meet them. (As a guide, average inflation for 2005 was 3.39% and average inflation as of May 2006 is 3.73%).

This calculator is solely for informational purposes and we do not guarantee the accuracy of the result. The calculations are not intended to be relied upon on actual payments or dividend computations.

Annual tuition and expenses (today's dollars)$
Years of college 
Years until college 
College savings so far$
Amount you can save monthly$
Estimated rate of return on investments 
Estimated inflation rate 
Federal tax rate 
State tax rate 
First year cost$
Total cost of education$
Your savings plan will save$