529 College Savings Projector
Project tax-advantaged college savings — funding gap, suggested contribution, year-by-year balance
529 Plan Configuration
yr
yr
yr
$
$
$
%
%
%
Total College Cost
$284,458
Over 4 years, in nominal $
Funding Progress
56.28%
Significantly underfunded
Suggested Contribution
$910
To fully fund at this return
Projected shortfall: $124,375 — increase monthly contribution to $910/mo to close the gap.
Balance Trajectory + Annual Cost
Saving phase ends at age 18 (vertical line)Year-By-Year Detail
| Year | Age | Contributions | Interest | Cost / Withdrawn | End Balance |
|---|---|---|---|---|---|
| 1 | 5 | $6,000 | $955 | — | $16,955 |
| 2 | 6 | $6,000 | $1,458 | — | $24,413 |
| 3 | 7 | $6,000 | $1,997 | — | $32,411 |
| 4 | 8 | $6,000 | $2,575 | — | $40,986 |
| 5 | 9 | $6,000 | $3,195 | — | $50,182 |
| 6 | 10 | $6,000 | $3,860 | — | $60,042 |
| 7 | 11 | $6,000 | $4,573 | — | $70,614 |
| 8 | 12 | $6,000 | $5,337 | — | $81,952 |
| 9 | 13 | $6,000 | $6,157 | — | $94,108 |
| 10 | 14 | $6,000 | $7,036 | — | $107,144 |
| 11 | 15 | $6,000 | $7,978 | — | $121,122 |
| 12 | 16 | $6,000 | $8,988 | — | $136,110 |
| 13 | 17 | $6,000 | $10,072 | — | $152,182 |
| 14 | 18 | — | $6,230 | $65,998 | $92,414 |
| 15 | 19 | — | $1,671 | $69,298 | $24,788 |
| 16 | 20 | — | $0 | $24,788(short $47,975) | $0 |
| 17 | 21 | — | $0 | $0(short $76,401) | $0 |
529 plans grow tax-free and withdrawals for qualified higher-education expenses are federal-tax-free.SECURE 2.0 (2024) allows up to $35,000 of unused 529 funds to roll into a Roth IRA for the beneficiary.