ConsumerU

Education Calculator

This calculator is designed to help you plan for your children's education needs by estimating the future cost of fees. Enter your information and click "Calculate" to see the results.

Enter Details Here  
Education costs will increase annually by:   %
Your annuall return on investment:   % after tax
Your child will enter school/college at age:  
    
Current annual costs: $
Number of years of education costs:    
Amount of your current education savings: $
Your child's age now:  


  
Results  
Your child's education will cost: $
(1) The future value of your current savings: $
(2) Your annual contribution needs to be: $

Notes

(1) Based on the above assumptions, the amount you have saved for your child's education will reach this amount in the number of years specified.
(2) You should increase your education savings by this amount each year.