Calculator

Depending on when you start saving, the power of compound interest can help your money grow quickly over time.

To use the calculator, input a daily investment amount and select when you plan to start saving: right when your kid is born or when they turn five, 10 or 15. Setting aside money for college is one of the most helpful things a parent can do for their child, if they're able to afford it. To illustrate how much your child's college fund can grow over the years, here's a calculator that shows what the value of your investments will be by the time your child turns 18.