Berrin Management Group., LLC - College Funding : Calculator: College Funding

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 at a public four-year college has been more than 5 percent. Recent years have shown an increase 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 10 percent)? (Remember, the age of your child may influence how you invest and the potential return you may be able to achieve.)	%

Securities and advisory services offered through Wall Street Financial Group, Inc. (WSFG), Registered Investment Advisor, Member FINRA/SIPC. WSFG may only transact business in those states and international jurisdictions where we are registered/filed notice or otherwise excluded or exempted from registration requirements. Any communications with prospective clients residing in international jurisdictions where WSFG and its registered representatives are not registered or licensed shall be limited so as not to trigger registration or licensing requirements. Securities services from Robert Berrin may not be provided to individuals residing in any states other than FL, GA, and NY. Advisory services from Robert Berrin may not be provided to individuals residing in any states other than FL and NY. Insurance services from Robert Berrin may not be provided to individuals residing in any states other than FL, and NY. Health and other non-variable insurance products, estate planning and charitable giving are not offered through WSFG. Information provided should not be construed as legal or tax advice; you should speak with an attorney or tax advisor. For information on financial calculators please visit: http://apps.finra.org/investor_Information/Tools/Calculators/calc_disclaimer.asp (if you cannot access this link, please copy and paste into your browser).

Securities and advisory services offered through Wall Street Financial Group, Inc. (WSFG), Registered Investment Advisor, Member FINRA/SIPC. WSFG may only transact business in those states and international jurisdictions where we are registered/filed notice or otherwise excluded or exempted from registration requirements. Any communications with prospective clients residing in international jurisdictions where WSFG and its registered representatives are not registered or licensed shall be limited so as not to trigger registration or licensing requirements. Securities services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT and NY. Advisory services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT, and NY. Insurance services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT and NY. Health and other non-variable insurance products, estate planning and charitable giving are not offered through WSFG. Information provided should not be construed as legal or tax advice; you should speak with an attorney or tax advisor. For information on financial calculators please visit: http://apps.finra.org/investor_Information/Tools/Calculators/calc_disclaimer.asp (if you cannot access this link, please copy and paste into your browser).

WSFG did not assist in the preparation of this material, and while it is believed to be from a reliable source, its accuracy and completeness are not guaranteed. Opinions expressed are those of the author and are not necessarily those of WSFG. The material has been prepared or is distributed solely for informational purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. WSFG is not responsible for information contained in websites or literature referenced herein. WSFG, Berrin Management Group and all other companies listed herein are separate entities, individually owned and operated.