College Savings Calculator
How much might you have saved for college when school starts?
A college savings calculator helps turn a vague education goal into a monthly number and a rough timeline. Use this free tool to estimate a future balance from a starting balance, monthly contributions, years until school starts, and an assumed annual return (compounded monthly), whether you are saving for yourself or a child.
Many families use 529 plans or other education accounts; rules vary by state and plan. This page does not model taxes, penalties, financial aid, or investment fees, only simple math to help you think about the shape of a plan.
Your inputs
Current balance, monthly contribution (for you or your child), years until the money is needed, and an assumed annual return (compounded monthly).
Many families use a conservative rate for planning. Set to 0% to ignore growth and see contributions only.
Projected balance & breakdown
- Estimated Balance
- $77,967
- Total Contributions
- $55,400
- Illustrative Growth
- $22,567
End Balance
$77,967
Education savings balance over time
Modeled path with steady monthly contributions; the horizontal axis is in years.
Related free tool: Monthly Savings Goal Calculator — Set a savings target, what you already have, and your timeline—see the monthly contribution required and a simple growth chart.