College Savings Calculator
Calculate how much you need to save monthly to reach your college funding goal
📚 Savings Information
🎓 College Cost Assumptions
Avg: Public In-State $25k, Private $58k
Typical: 5% per year
529 Plans Avg: 6-8% per year
💰 Projected Savings
$150,764
Total savings by age 18 (13 years)
You'll Contribute
$88,000
Investment Gain
$62,764
📊 Funding Status
Total 4-Year College Cost
$243,822
First year: $56,569
Shortfall
$93,058
⚠️ Need additional funding
💡 Recommended Action
To reach your goal, save:
$867/month
Increase your monthly contribution by $367
📈 Savings Breakdown
Current Savings Growth$24,098
Monthly Contributions Growth$126,665
Investment Return Rate71.3%