How much should I be saving for college?

With college costs increasing at twice the rate of inflation, it is important to start saving early. Interest working for you now in a regular savings program is much better than having interest work against you in the future in the form of education loans. Use our college savings calculator to determine how much you should be saving for college on a regular basis.
Current Savings and Assumptions
Annual college cost inflation (%) 
Amount saved so far ($)help
NameCurrent AgeCollege Start AgeYears AttendingAnnual Amount
Before-tax return (%)help
Marginal tax bracket (%)help
Annual increases (%) 
Neither this calculator nor its use are intended to supply advice of any type, including, without limitation, investment or tax advice. Although this tool may contain information, e.g., data regarding tax implications, such information is intended to be educational in nature, and does not constitute an endorsement or recommendation of any financial product, service or suitability thereof for you. The information provided in this calculator is not intended to supply professional tax, accounting, or financial or legal advice, for which you should seek a personal consultation with a professional provider of such services. All results are hypothetical, for illustrative purposes, and are based on the assumptions you enter into the calculator.

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