Configure Inputs

5
017
18
625
$5.00K
$
$0.00$500.00K
$500.00
$
$0.00$5.00K
$30.00K
$
$5.00K$100.00K
5%
%
010
7%
%
215
4
16

Total Investment

$83.00K

Interest Earned

$54.12K

Projected Savings

After undefined Years

$137.12K

Break-up of Maturity Value

Invested Amount
Est. Returns

Projected Total Cost

$243,822

Adjusted for inflation over duration.

Shortfall

-$106,699

Wealth Compounding Projection

Visualizing how your principal amount and interest grow over time.

Deep Dive & FAQ

Saving for College

A 529 Plan is a tax-advantaged savings plan designed to encourage saving for future education costs.

Key Benefits

  • Tax-Free Growth: Earnings are not subject to federal tax.
  • Tax-Free Withdrawals: No tax when used for qualified education expenses (tuition, books, room & board).