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Savings Calculator

Basic Information
 
Child #1 Child #2 Child #3 Child #4
What is the name of your child?
What is the current age of your child? Years Years Years Years
What is the expected age when this child will enter college? Years Years Years Years
Number of years this child is expected to remain in college. Years Years Years Years
 
Choose School
 








School Name

Current Annual Tuition and Fees $ $ $ $
Cost of Annual Living Expenses $ $ $ $
Current Total Annual Cost $ $ $ $
 
Inflation Rate and Expected Family Contribution Amount
 
Expected Rate of Annual Inflation % % % %
What Percentage of Total Cost Will You Contribute? % % % %
 
Existing Investment
 
Existing investment allocated to the education of this child $ $ $ $
Expected Return on Investment % % % %
 
Current Funding Scenario
 
Expected future value of fund needed to complete education $ $ $ $
Expected future value of your current investment. $ $ $ $
Amount of funding shortfall $ $ $ $
 
Additional Contributions Required
 
Lump Sum Contribution $ $ $ $
Monthly Contributions $ $ $ $
 
New Contributions
 
Lump Sum Contribution $ $ $ $
Monthly Contributions $ $ $ $
Shortfall after New Contributions $ $ $ $
 
Summary
 
Expected future value of fund needed to complete education $ $ $ $
Expected future value of your current investment $ $ $ $
New Lump Sum Contribution $ $ $ $
New Annual Contributions $ $ $ $
New Monthly Contributions $ $ $ $
Amount of funding shortfall $ $ $ $


 
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