Project what monthly college contributions will grow to by age 18.
College savings compound monthly: the existing balance grows at the monthly rate, while regular contributions are spread across the years until enrollment. The result separates the money you put in from the growth the market adds. Compounding is powerful over eighteen years, so modest monthly contributions started early routinely outgrow large sums saved at the last minute.
College Fund Starter
Projected = balance x (1+r)^n + monthly x ((1+r)^n - 1)/r, with r = annual return / 12 and n = months
Projections assume a steady return; actual investment returns fluctuate and past performance is no guarantee.
Projected = balance x (1+r)^n + monthly x ((1+r)^n - 1)/r, with r = annual return / 12 and n = months College savings compound monthly: the existing balance grows at the monthly rate, while regular contributions are spread across the years until enrollment. The result separates the money you put in from the growth the market adds.
Compounding is powerful over eighteen years, so modest monthly contributions started early routinely outgrow large sums saved at the last minute.
This calculator takes 4 inputs: Current balance, Monthly contribution, Years to go, Annual return. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.