Free College Savings (529) Calculator
Project your 529 or other college savings balance from contributions and growth, and see if you're on track for the cost.
Estimates only, not financial advice. Returns are never guaranteed.
Frequently Asked Questions
How is my projected 529 balance calculated?
Your current balance and each future monthly contribution grow at your expected annual return, converted to an effective monthly rate, compounding every month until the year your child enrolls.
Does this account for 529 tax advantages?
Not directly — 529 earnings grow federal-tax-free and are tax-free when used for qualified education expenses, which this calculator assumes. It doesn't model taxes or penalties on non-qualified withdrawals.
What return rate should I use?
Many 529 plans use age-based portfolios that shift from stocks to more conservative investments as enrollment nears, so a blended long-term estimate — often lower than your account's best single year — is more realistic.
What if I'm projected to fall short?
Increasing your monthly contribution, extending your timeline, or adjusting your expected college cost (in-state public vs. private, for example) all change the projection — try a few combinations to see what closes the gap.
Is this financial advice?
No — this is an estimate for planning purposes only, not financial advice. Investment returns are never guaranteed.