Project your college savings — what your current balance plus monthly contributions will grow to, and whether it meets your cost goal.
Estimate assuming a steady return compounded monthly. College costs and market returns vary. 529 earnings are tax-free for qualified education expenses — check current rules. General information, not investment advice.
College savings in a 529 grow tax-free for qualified expenses, and the earlier you start, the more compounding does the heavy lifting. This tool projects your balance and shows the gap to your goal so you can adjust the monthly amount now, while small changes still compound.
Balance = current × (1+r)ⁿ + monthly × ((1+r)ⁿ − 1) ÷ r
Age-based 529 portfolios grow more aggressively when college is far off and get conservative as it nears. A 6–7% long-run average is common early; lower it as the date approaches.
Raise the monthly contribution, start earlier, or plan to cover the rest with income, scholarships, or aid. Even a small increase now compounds meaningfully over a decade.
Related: compound interest calculator · future value calculator · savings goal calculator · all free calculators.
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Yes. The College Savings Calculator is completely free, runs in your browser, and never asks for a signup, email, or download. Enter your numbers and the result updates instantly.
It uses standard formulas and recalculates the moment you change a value, so the math is exact for the inputs you enter. Treat the result as a reliable planning estimate; for decisions with legal or tax consequences, confirm the figures with a qualified professional.
Yes. The calculator is mobile-friendly and works on any phone, tablet, or computer — there is no app to install and nothing to save.
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Last reviewed: September 2026. Free to use, no signup — College Savings Calculator by ToolWise Digital.
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