Project how your 529 plan or college fund could grow by the time your child starts college.
This calculator projects how much a 529 plan or other college savings account could grow to by the time your child starts college, based on your current balance, monthly contributions, and expected investment return.
Future Value = Current Savings × (1+r)ⁿ + Monthly Contribution × (((1+r)ⁿ − 1) ÷ r), where r is the monthly return and n is the number of months until college.
Starting with $5,000, contributing $200 a month for 15 years at a 6% annual return grows to roughly $70,400 — enough to cover a large share of a four-year public college budget.
Even small monthly increases compound significantly over a decade or more. Many families raise contributions gradually as their income grows.
It compounds your current savings plus regular contributions at your expected investment return rate, for the number of years until the funds are needed.
It's a US tax-advantaged savings account specifically for education expenses, where investment growth is tax-free if used for qualified education costs.
Adjust the contribution input until the projected total matches your goal — the calculator shows how monthly amount, time horizon, and return rate interact.