College Savings Calculator

Estimate how much you need to save for college and if you're on track.

College Savings Details

Enter your details to project future costs and savings.

Child's Current Age: 5 years

College Start Age: 18 years

Annual College Cost (Today's Dollars): $25,000

College Cost Inflation Rate: 5.0%

Current Savings: $10,000

Monthly Contribution: $300

Estimated Annual Return: 7.0%

Savings Projection

In 13 years, at age 18, here is your estimated college savings outlook.

Total Projected College Cost (4 years)

$203,185

Projected Savings at Age 18$100,777

Shortfall$102,408

You have a projected shortfall. Consider increasing your monthly contribution.