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College Planning Calculator

 
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College Planning Calculator

Information and interactive calculators are made available to you as self-help tools for your independent use. This calculator is for hypothetical use only and depends on the information you provide. The calculations rely on a number of simplifying assumptions, and the results may vary from your actual situation. This calculator is meant to give you a general idea about where you stand financially, based on the amounts provided. These estimates are not set in stone or intended as investment advice. College cost projections are made with the assumption that the cost of college will increase at the rate of inflation indicated in the "education cost inflation" input field. An estimate of the cost of one year of college in today's dollars is used to produce results, using either a national average cost, the cost for a specific selected school from the tool's college-cost database, or a custom amount entered by the user. All figures presented are estimates. The tool does not project or predict the future value of actual college costs. The estimated college cost projection is intended only to be one source of information that may help users assess their college savings goals. It does not reflect an actual investment, nor does it account for the effects of taxes or any investment expenses. Returns are not guaranteed, and results will vary. Investment returns cannot be predicted and will fluctuate. Investor results may be more or less. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF).

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp").
Merrill Lynch Life Agency Inc. (MLLA) is a licensed insurance agency and wholly owned subsidiary of BofA Corp.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity


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