Personal Financial Index® ( PFITM )

               

Step 4: College Education

College Education

Number of children yet to go to college
Total one year cost of college currently
Expected avg. annual tuition inflation

Child 1     Age:10 years     You need to save monthly: 

Age of child 1
% of total cost you intend to pay for child 1
Amount saved so far for child 1's education
Current monthly saving for child 1's education
Expected avg. annual return on child 1's savings
Your expected monthly contribution for child 1 should be approximately :
For child 1 you need to save monthly an additional:

Child 2     Age:8 years     You need to save monthly: 

Age of child 2
% of total cost you intend to pay for child 2
Amount saved so far for child 2's education
Current monthly saving for child 2's education
Expected avg. annual return on child 2's savings
Your expected monthly contribution for child 2 should be approximately :
For child 2 you need to save monthly an additional:

Child 3     Age:6 years     You need to save monthly: 

Age of child 3
% of total cost you intend to pay for child 3
Amount saved so far for child 3's education
Current monthly saving for child 3's education
Expected avg. annual return on child 3's savings
Your expected monthly contribution for child 3 should be approximately :
For child 3 you need to save monthly an additional:

Child 4     Age:4 years     You need to save monthly: 

Age of child 4
% of total cost you intend to pay for child 4
Amount saved so far for child 4's education
Current monthly saving for child 4's education
Expected avg. annual return on child 4's savings
Your expected monthly contribution for child 4 should be approximately :
For child 4 you need to save monthly an additional:

Child 5     Age:2 years     You need to save monthly: 

Age of child 5
% of total cost you intend to pay for child 5
Amount saved so far for child 5's education
Current monthly saving for child 5's education
Expected avg. annual return on child 5's savings
Your expected monthly contribution for child 5 should be approximately :
For child 5 you need to save monthly an additional:

Child 6     Age:0 years     You need to save monthly: 

Age of child 6
% of total cost you intend to pay for child 6
Amount saved so far for child 6's education
Current monthly saving for child 6's education
Expected avg. annual return on child 6's savings
Your expected monthly contribution for child 6 should be approximately :
For child 6 you need to save monthly an additional:

d = default values