College Fund vs Retirement Calculator

Optimize the split between college savings and retirement contributions when funds are limited.

Financial Disclaimer

This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.

Inputs

Monthly savings budget ($)

Child's current age

Your current age

Target retirement age

Expected annual return (%)

Tab to move between fields

Results

Recommended retirement/mo ($)

$300

100% to college ($)$126,665

100% to retirement ($)$609,985

Recommended college/mo ($)$200

Split college fund ($)$50,666

Split retirement fund ($)$365,991

How to Use This Calculator

Enter your total monthly budget available for saving.
Enter your child's current age and your own age.
Set your target retirement age and expected annual investment return.
Review the projected college fund and retirement fund values under different allocation splits.
Note: financial advisors generally recommend prioritizing retirement — you can borrow for college but not for retirement.

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