This personalized College Savings Planner report helps you establish a
realistic college savings goal and take a closer look at how you can help pay
for college using a tax efficient savings option such as
a 529 college savings plan
. This report will help estimate the cost of attending colleges in various price
ranges and help you consider how much you need to save to meet various
percentages of future costs.
If you haven't started saving, don't be discouraged.
It is never too late to start saving for college and you don't need to save the total cost. Most people rely on a combination of savings, current income and
financial aid (including loans and work−study) to pay for college. Saving now can reduce your borrowing later and increase your potential college selection options.
To access this tool, you'll need Java 1.4.2 or higher. If you have an older version or don't have Java, the bar graph may not appear in the upper right corner of the tool. You can go to www.java.com, where you can download it for free.
If you do not see the report window open after clicking View Report, you may have a pop-up blocker installed. You will need to disable it, or add archimedes.com to the blocker's allowed-sites list.
The above calculator is powered and maintained by Archimedes Systems, Inc. Keeping College Within Reach is not responsible for the operation of Archimedes Systems, Inc., as the content is solely maintained by them.
IMPORTANT: The projections or other information generated by this calculator regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. These calculations assume a hypothetical fixed average rate of return that is for illustrative purposes and is not intended to depict or predict the performance of any specific investment for any period of time. The calculation does not account for changes in capital value or potential tax obligations. These calculations are not recommendations, for which an investment professional should be consulted. Results may vary with each use and over time.
The information provided is for informational purposes only and should not be relied on as tax or legal advice. Please discuss your particular situation with your tax advisor.
Investments in 529 college savings plans are neither FDIC insured nor guaranteed and may lose value. Please review the plan's disclosure document for details such as investment objectives, risks, charges and expenses, and other information that you should read and consider carefully before investing. Plan disclosure documents can be obtained directly from the plan. Investors should consider before investing whether their or their designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program and should consult their tax advisor.
