College Savings Calculator
Target College Type
Public In-State (4yr)
$11,260/yr (2024)
Public Out-of-State (4yr)
$29,150/yr (2024)
Private University (4yr)
$43,350/yr (2024)
Community College (2yr)
$3,900/yr (2024)
Child's Current Age
Current 529/Savings Balance ($)
Monthly Contribution ($)
Expected Annual Return (%)
College Savings Projection
Projected College Cost
$84,930
4yr at $21,232/yr
Your Savings at Age 18
$62,079
in 13 years
Funding Progress
73.1%
Projected Shortfall: $22,851
Increase monthly contribution to $286.35 to fully fund college (currently $200.00/mo, need +$86.35/mo more).
Total Contributions
$36,200
Investment Growth
$25,879
Today's Cost (2024)
$45,040
Year-by-Year Growth
Show Table
About 529 College Savings Plans
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Tax-free growth and tax-free withdrawals for qualified education expenses.
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Many states offer income tax deductions for 529 plan contributions.
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College costs have historically risen ~5% per year, outpacing general inflation.
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Starting early maximizes compound growth; even small contributions add up.
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Unused 529 funds can be rolled into a Roth IRA (up to $35,000 lifetime, SECURE Act 2.0).
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