College Savings Calculator
Project education savings by child, with monthly contributions, index-return assumptions, tuition and board inflation, and lump-sum July withdrawals for each college year.
Family & school timing
Each child gets a separate account, using the same starting amount and monthly contribution.
Combined account value
Combined balances across 2 children over 15.2 years.
College cost assumptions
Enter tuition and board in today's dollars. Future July withdrawals inflate from these current costs.
Applied to each future July withdrawal.
Investment assumptions
Custom return
Index presets use approximate 30-year annualized historical total-return averages with dividends reinvested. They are planning assumptions, not forecasts.
Individual account values
Separate balance lines show each child's savings rising with contributions and falling after July withdrawals.
Child account summary
Balances, contributions, earnings, withdrawals, and any uncovered college cost.
About this college savings calculator
This college savings calculator projects separate education accounts for one or more children. It models starting balances, monthly contributions, market return assumptions, education inflation, and four July withdrawals for tuition plus board.
The model keeps each child's account separate while also showing a combined household view, including total contributions, estimated investment growth, cumulative withdrawals, ending balance, and uncovered shortfall if costs exceed available savings.
How to interpret the result
A remaining balance means the modeled accounts covered the scheduled college withdrawals with money left over. A shortfall means at least one July bill exceeded that child's projected account value.
What to verify
Confirm school-specific tuition, room and board, fees, financial aid, tax treatment, contribution limits, and the account type before relying on the estimate.