Cost of Delaying Savings Calculator

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undefined% of college cost
Alternative Funding - $NaN (this amount is assumed to be funded by financial aid, student employment, current income, and/or loans)
Savings Plan
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Your Savings Goal

Monthly Contribution Needed

With  currently saved and a % rate of return, you must save  per month to meet your savings goal of . The table below lists the additional and total monthly contributions needed for each year savings is delayed for the next undefined years.
Years Delayedtooltip iconAdditional Monthly Contributiontooltip iconTotal Monthly Contributiontooltip icon

Additional Monthly Contributions

The chart below shows the additional amount you will need to save each year if you delay the start of your savings program. For example, hover over year 1. If you wait one year to begin saving, you will have to increase your monthly contribution by  to reach the same end savings amount as if you began saving today.

Recapturing Delayed Savings
The information above assumes a savings goal that is % of the total cost of college. Below is analysis of how choosing savings goals at different percentages of college cost affects the monthly contribution needed to meet the goal, and how much more it increases every year that savings is delayed.
Monthly Contribution
Years Delayed100% of Cost75% of Cost50% of Cost25% of Cost