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How much should I be saving for college?

With college costs steadily increasing each year, it is important to start saving early. Interest working for you now in a regular savings program may be 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

NameCurrent Age
(0 to 30)
College Start Age
(0 to 30)
Years Attending
(0 to 20)
Annual Cost

Assumptions

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This is for illustrative purposes only. Your results may vary.

Securities and advisory services offered through LPL Financial LLC or LPL Enterprise, LLC, affiliated registered investment advisers/broker-dealers (members FINRA/SIPC) collectively referred to herein as "LPL." Please consult the Relationship Summary you received or your financial professional to confirm the LPL affiliate providing services to you.
Not Insured by FDIC/NCUA or Any Other Government Agency
Not Bank/Credit Union Guaranteed
Not Bank/Credit Union Deposits or Obligations
May Lose Value