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Education Savings Calculator





Instructions

This calculator is designed to help you estimate your monthly savings investment necessary to be able to accrue a specific amount for your child's college education.

  1. Enter the estimated total tuition costs, the interest rate and how many years you have until your child is ready for college.

  2. Click once on the "Calculate" button to calculate your result.

  
    
  Total Tuition Costs Needed $

  Interest Rate    %

  Years Left Before Child
  Enters College
   years



  


  Result    
     
  Estimated Monthly Savings
  Needed To Reach
  Your Goal:
$

    

NOTES

Any and all numbers displayed by the Education Calculator are estimates based on numbers given by you. For more complete and precise projections, consult your financial planner. Savings are assumed to be deposited at the beginning of each month with interest compounded monthly. Results exclude any fees or taxes payable.

These calculators are made available to you as self-help tools for your independent use and are not intended to provide any tax, legal, financial or investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. Please consult with qualified professionals to discuss your situation.

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