Zimmerman Advisory Group, LLC - 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.)	%

Zimmerman Advisory Group, LLC is a fee based financial advisor providing financial and retirement planning services in Central Ohio and surrounding markets, including Columbus, Dublin, Delaware, Plain City, Marysville, Galena, Westerville, Worthington, Powell, Lewis Center, Gahanna, New Albany, Pickerington, Reynoldsburg, Gahanna, Blacklick, Upper Arlington, German Village, Grandview Heights, Granville, Grove City, Groveport, Hilliard, Canal Winchester, Mt. Vernon, Newark, Whitehall, Pataskala, Zanesville, Frazeysburg, Mount Vernon, Mansfield, Coshocton, Johnstown, Alexandria, Lancaster, London, Plain City and more

All written content on this site is for information purposes only. Opinions expressed herein are solely those of Zimmerman Advisory Group LLC, and our editorial staff. Material presented is believed to be from reliable sources, however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Fee based financial planning and investment advisory services are offered by Zimmerman Advisory Group LLC, a Registered Investment Advisor in the State of Ohio. Insurance products and services are offered through Zimmerman Insurance Group. Zimmerman Advisory Group LLC and Zimmerman Insurance Group are affiliated companies. The presence of this web site shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Ohio or where otherwise legally permitted.