Savings Plan Designer Flat Contribution

A steady contribution of savings, over time, can add up to a lot of money for college. The more time you have, the smaller your steady contribution can be.

Instructions

Specify your college savings goal, current savings, and years until matriculation, and this calculator will tell you how much you need to save periodically in order to reach that goal. Good rules of thumb for setting a savings goal include:

Saving one-third of anticipated total college costs (for all four years)

Saving the total college costs (for all four years) that a particular college cost the year your child was born.

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