GFS Wealth Management - 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 was 5 percent. Recent years have shown a decline 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 12 percent)? (Remember, the age of your child may influence how you invest and the potential return you may be able to achieve.)	%

IMPORTANT NOTE: *Thomas Grayson, Judy Bode, *Thomas Post, John Lynch, and Ed Slovacek are registered representatives registered to transact business with clients in Texas. Thomas Grayson is also registered to transact business with clients in Arizona, California, Colorado, Florida, Kansas, Oklahoma, Ohio, Nebraska, Massachusetts, Wisconsin, and Michigan. Judy Bode is also registered to transact business with clients in Wisconsin. Thomas Grayson and Thomas Post also an investment adviser representative licensed in Texas. Thomas Grayson, Judy Bode, Thomas Post and Ed Slovacek are insurance licensed in the following states: Texas. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member SIPC *Advisory Services offered through H.D. Vest Advisory ServicesSM, non-bank subsidiaries of Wells Fargo & Company, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000.

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GFS Wealth Management is not a registered broker/dealer or independent investment advisory firm.