Larkin & Associates - 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.)	%

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Calculators provided by Emerald Connect, Inc.

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

CFP^TM and Certified Financial Planner are certification marks owned by the Certified Financial Planner Board of Standards, Inc. These marks are awarded to individuals who successfully complete the CFP Boards initial and ongoing certification requirements.

Investment products and services from this representative(s) available only to residents of Arizona (AZ),California (CA),Colorado (CO),Florida (FL),Illinois (IL),Indiana (IN),Kansas (KS),Massachusetts (MA),Michigan (MI),Minnesota (MN),Montana (MT),Nevada (NV),New Hampshire (NH),Ohio (OH),Oregon (OR),Rhode Island (RI),Texas (TX),Vermont (VT),Washington (WA),Wisconsin (WI),Wyoming (WY).
Fee-based investment advisory services from this representative(s) available only to residents of Arizona (AZ),Kansas (KS).

Supervisory Office:
J. Donald Larkin, Financial Network 14997 W. Bell Road Suite 100 Surprise, AZ 85374
623-972-6155 (fax) 623-972-6123 email: larkind@financialnetwork.com

Larkin & Associates and Financial Network Investment Corporation are not affiliated companies