Wealth Development Council - College Funding : Calculator: College Funding

Saving enough for their children’s education is a major financial concern for many parents. With the current cost of a four-year college education reaching six figures in some instances, your child’s college education may cost more than you expect. This calculator is designed to help you estimate the cost of your child’s education, based on the variables you input.

What is your child's name? (Calculate the costs for one child at a time.)
How many years until your child enters college?
For how many years will your child be attending college? (It may be more than four years in some cases.)
What is the annual cost of the college he/she will be attending? (Include tuition, fees, room and board, books, etc., using today’s prices.)	$
What rate of inflation do you expect for college costs? (College inflation has continued to outpace the general inflation rate. For the past 10 years, the average college inflation rate at a public four-year college has been more than 5 percent. Recent years have shown an increase in college inflation.)	%
How much money do you presently have saved for your child’s college expenses? (Include funds that are in your name and your child’s name that have been set aside for college.)	$
What after-tax return do you expect on your investments (0 to 10 percent)? (Remember, the age of your child may influence how you invest and the potential return you may be able to achieve.)	%

As an advisor, James Good conducts securities business through ProEquities, Inc. The information contained on this website may or may not accurately reflect the opinions of ProEquities, Inc. Investment products and/or strategies discussed on this website may involve risk, including possible loss of your principle investment. Please note that the information contained in this website is not intended as an offer to sell any particular product or service.

James Good is licensed in Pennsylvania as an Investment Advisor Representative of Investment Advisors, a Registered Investment Advisor and a division of ProEquities, Inc. He is licensed in Pennsylvania to work with Life Insurance, Health Insurance, Disability Insurance, Group Insurance, Annuities, Variable Life Insurance, and Variable Annuities.

He is licensed in Pennsylvania, New Jersey, and Georgia to work with Mutual Funds, Stocks, Bonds, and Unit Investment Trusts.

James D. Good is an Investment Advisor Representative of Investment Advisors, a Registered Investment Advisor and a division of ProEquities, Inc. Securities offered through ProEquities, Inc., a Registered Broker-Dealer, Member, FINRA and SIPC. Wealth Development Council is independent from ProEquities, Inc.