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AD_SLOT: LEADERBOARD
Professional Financial Tool
College Savings Calculator
Plan for your child's education. Calculate how much to save monthly to cover future college costs.
Student Info
Savings Plan
College Costs
Total Projected Cost$0Based on 4% tuition inflation.
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AD_SLOT: NATIVE
Projected Savings$0
Shortfall-$0
Save $705 / month to cover the gap.
How this College Savings Calculator works
This tool projects the future cost of university based on current tuition rates and education inflation. It then calculates the required monthly contribution to a 529 plan or savings account to meet that goal by the time your child turns 18.
Why this matters for your wealth
College tuition inflation historically outpaces general inflation. Starting to save when your child is born allows you to leverage 18 years of compound interest, significantly reducing the out-of-pocket burden when they start school.
Frequently Asked Questions
What is a 529 plan?
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. Earnings grow tax-free if used for qualified education expenses.