Financial Answer Center
- Introduction
- Age-Appropriate Strategies
- The Cost
- Developing a Funding Strategy
- Investment Vehicles
- Saving Taxes
- Other Ways to Meet College Costs
- Parental Loans for Learning
- Landing Financial Aid
- Education Tax Incentives
- Federal Loans and Grants
- Glossary
- Worksheet: Inflation
- Worksheet: Putting It All Together
Use the following worksheet to help you calculate the impact of inflation on your child's college costs. For inflation factors, see the section Cost and Inflation.
CHILD 1
|
Today's Cost |
Inflation Factor |
Future Cost |
||
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
TOTAL |
$____________ |
CHILD 2
|
Today's Cost |
Inflation Factor |
Future Cost |
||
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
TOTAL |
$____________ |
CHILD 3
|
Today's Cost |
Inflation Factor |
Future Cost |
||
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
$___________ |
x |
______________ |
= |
$____________ |
|
TOTAL |
$____________ |
Securities and insurance products are offered through Osaic Institutions, INC., Member FINRA/SIPC. Osaic Institutions, INC. and FB Wealth Management, a division of First Bank, are not affiliated. We do not provide tax advice. Consult your tax advisor.