Saving enough for their children’s education is a major financial concern for many parents. With the current cost of a four-year college education reaching six figures in some instances, your child’s college education may cost more than you expect. This calculator is designed to help you estimate the cost of your child’s education, based on the variables you input.       What is your child's name? (Calculate the costs for one child at a time.) How many years until your child enters college? For how many years will your child be attending college? (It may be more than four years in some cases.) What is the annual cost of the college he/she will be attending? (Include tuition, fees, room and board, books, etc., using today’s prices.) $ What rate of inflation do you expect for college costs? (College inflation has continued to outpace the general inflation rate. For the past 10 years, the average college inflation rate was 5 percent. Recent years have shown a decline in college inflation.) % How much money do you presently have saved for your child’s college expenses? (Include funds that are in your name and your child’s name that have been set aside for college.) $ What after-tax return do you expect on your investments (0 to 12 percent)? (Remember, the age of your child may influence how you invest and the potential return you may be able to achieve.) %

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. 

 

Securities licensed associates of Pacific View Financial Services, are Registered Representatives & Investment Adviser Representatives offering securities and investment advisory services through NATIONAL PLANNING CORP. (NPC), NPC of America in FL & NY, Member FINRA/SIPC, and a Registered Investment Adviser. Registered Representatives of NPC may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser Representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Adviser Representative registration requirements, or an applicable exemption or exclusion. Pacific View Financial Services and NPC are separate and unrelated companies.