CAUTION: Do NOT rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.
Planning ahead can make a big difference in how easy you will find it to pay college expenses for your children. This calculator will give you a good estimate of what you should start investing NOW.
Put in the current annual tuition of your favorite institution, what you think the average tuition inflation will be, and your estimated annual investment return. Then put in the number of years until your children go to college, how much you already saved, and how much you will contribute to your college savings fund each year.
Use 99 for those children you don't have.