Education Savings Calculator
Unsure how much your child's education will cost? Use this calculator to figure out how much you will need to set aside monthly to pay for school when they are ready to go to college.
You can enter an estimated cost of school, or choose their type of degree to automatically use data from The College Board's Annual Survey of Colleges for the 2016-2017 school year. These estimates include tuition and fees, room and board, transportation, books, and other student expenses. These costs are then adjusted based upon the estimated rate of inflation you select.
Enjoy Your Savings & Best of Luck With College Success!
I very frequently get the question:
'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time. … [I]n our retail business, we know that customers want low prices, and I know that's going to be true 10 years from now. They want fast delivery; they want vast selection. It's impossible to imagine a future 10 years from now where a customer comes up and says, 'Jeff I love Amazon; I just wish the prices were a little higher,' [or] 'I love Amazon; I just wish you'd deliver a little more slowly.' Impossible. And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it." - Jeff Bezos
Every investment you make comes with a substantial risk of loss of principal or purchasing power. The safest investment you can make is investing in yourself.
If you let others manage your investments, the single biggest factor you can control is your investment-related expenses, as they have a big impact on compounding.