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 $