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.)

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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.)

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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.)

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Horizon Financial
Pathway Financial Resources
2220 University Boulevard
Tuscaloosa, AL 35401
(205) 752-1533

Tucker Financial Group
254 Winton M Blount Loop
Montgomery, AL 36117
(334) 277-0500

Horizon Financial-Daphne
#1 Timber Way Ste 100
Daphne, AL 36526
(251) 625-2220

Horizon Financial-Anniston
P.O. Box 307
Anniston, AL 36202
(256) 236-2711

Horizon Financial-Birmingham
1976 Gadsden Highway Ste 244
Birmingham, AL 35235
(866) 319-6500

*Securities and investment advisory services offered through SagePoint Financial, Inc., A Registered Broker Dealer, Member FINRA/SIPC and a registered investment advisor. Horizon Financial, Pathway Financial Resources and Tucker Financial Group are not affiliated with SagePoint Financial Inc., or registered as a broker-dealer or investment advisor.

This communication is strictly intended for individuals residing in the states of AL, GA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

IMPORTANT CONSUMER INFORMATION

A Broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

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