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College Calculator 41336.jpg (15490 bytes)You have learned different types of investments such as stocks, bonds, mutual funds, and certificate of deposits (CD's). Now it is time to put your knowledge in use. You can use the college fund calculator to help plan for the high cost of college education. (Questions? click here for more information) Otherwise, go ahead and use the calculator.

First part - Savings: Type in the numbers in the right column.

How many years from now you will enter a college? Type in a number such as 5,6,7,…,10 Years
How much money can you invest now? Type the dollar amount such as $10000 or a different amount. $
How much money will you invest each month? Type in the dollar amount such as $300 or a different amount. $
What type of 4-year college do you plan to attend?(Questions about college expenses? Click here for more information) Public

Private

How will you invest your money?

You have a choice of four types of investments: stocks, bonds, mutual funds, and CDs. The money you can make from these investments is based on historical data and is built into the calculator. Just type in the percent of money you want to invest in each type of investment. For example, if you want to invest all your money in stocks, you will type in row #1=100, row #2= 0, row #3=0, row #4=0. Note: The total must add up to 100, i.e. 100% of your money. Questions about allocations? Click here for more information.

The second part - Investing: Type in the numbers in the right column.

Type of Investments Money Allocation (%)
Total should add up to 100%
Stocks %
Bonds %
Mutual Funds %
CDs %