Parent Future Planner
Their future has more than one path. Plan for possibilities.
Set your child's age, what you can contribute, and when you want the money ready. The plan works the same whether they choose a trade, a degree, or something you haven't imagined yet.
Your plan
Goal
Illustrative target: $80,000
The target age always stays at least one year ahead of your child's current age, so the plan has time to work. This horizon is 132 monthly deposits.
Value at age 18
$18,632
You contribute
$13,200
Growth
$5,432
Progress toward college support
You reach 23% of the illustrative $80,000 target — a gap of $61,368.
Total monthly needed to reach the goal
$430
Additional monthly beyond your $100
$330
11 years of compounding
Assumptions
The simplified baselines behind this educational result.
- Monthly compounding with deposits made at the end of each month.
- 132 monthly deposits between age 7 and age 18.
- A constant 6% assumed annual return, with no fees, taxes, or inflation adjustment.
- Goal targets are illustrative ranges, not quotes or forecasts.
Hypothetical projections using a constant assumed rate of return, compounded monthly with deposits at the end of each month. Not investment, tax, or legal advice. Actual returns vary and may be negative.