Loading Legacy
Project your 529 plan balance and see if you're on track to fund your child's college education.
Project your 529 plan balance and see how much you need to save monthly to cover future college costs.
Quick Cost Presets
Total Projected 529 Savings
$70,634
In 13 years — 29% of projected cost
Funding Progress
29% Funded
Funding gap of $173,187. Increase contributions to close it.
Total Future College Cost
$243,822
Monthly Needed to Fund
$1,036
Growth on Contributions
$70,634
Growth on Existing Balance
$0
529 Tax Benefit
529 earnings grow tax-free. Many states offer deductions on contributions — check your state's plan for additional savings.
529 College Savings Calculator projects 529 balance using FV of current savings plus monthly contributions at the selected return rate, inflates today's college cost at the chosen annual rate for each year of attendance, and back-solves monthly contributions needed to close the gap.
Project your 529 college savings balance and see if you're on track to cover tuition, room, and board. Accounts for college cost inflation, investment returns, and monthly contributions.
Enter your child's current age and select in-state public, out-of-state, or private college preset
Set college cost inflation rate (historically 3–5% annually)
Enter current 529 balance and monthly contribution
See if you're on track and your monthly contribution needed to fully fund
FV of savings = currentBalance × (1+r)^yearsToCollege + monthlyContrib × ((1+monthly_r)^months − 1)/monthly_r. Future college cost = sum of annualCostToday × (1+inflation)^(yearsToCollege+y) for each year of college. Monthly needed = remainingGap × monthly_r / ((1+monthly_r)^months − 1). Tax treatment varies by state; this calculator does not model state-specific tax deductions.
Target the full estimated cost at your child's college start date. With 5% annual inflation, a $30,000/yr in-state school today will cost ~$49,000/yr in 18 years. Starting early with $300/month at 6% return gets you ~$100,000.
529 earnings grow federal tax-free and withdrawals for qualified education expenses are tax-free. Over 30 states also offer a state income tax deduction or credit on contributions. This makes 529s one of the most tax-efficient savings vehicles.
Yes. Up to $10,000/year from a 529 can be used for K–12 private school tuition. Qualified vocational/trade programs are also eligible. The SECURE 2.0 Act also allows limited rollovers to Roth IRAs.
529 funds can be transferred to another family member (sibling, parent, even yourself). The SECURE 2.0 Act also allows rolling unused 529 funds to a Roth IRA (up to $35,000 lifetime, subject to annual IRA limits and 15-year account age requirement).
Find out exactly how much to save each month to reach any financial goal by a target date.
Calculate how money grows with compound interest — lump sum plus regular contributions, any compounding frequency.
Project investment growth over any time horizon with contributions, CAGR, and inflation-adjusted returns.