Start by selecting your child's age or grade, and the amount you plan to save on a monthly basis. Your calculation will provide you the total amount you'll have available when your child becomes college age. After using this calculator, create an account in our College Planning Tool, which can help you create a personalized college savings plan for every child in your family.
*This calculator assumes consistent monthly saving until the child is 18 and an annual investment return of 7%. The 7% investment growth rate and the estimating savings are only used as an example and are not guaranteed nor intended to predict or project the investment performance of any security. Market conditions may change at any time. Speak to your financial advisor about the best savings option for your family.