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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Midwest Heritage Financial Services
3580 EP True Parkway, Suite 100 • West Des Moines, IA • 50265
Phone: (800) 766-5162
(515) 2-INVEST (246-8378)		 • Fax: (515) 278-6536
• MWatters@MHBankFS.com

Individual Solutions

- Investment, Insurance, and Retirement Planning -

- Tax and Estate Planning Strategies -

- College Funding -

- Charitable Giving -

- Wealth Transfer -

- Legacy Protection -

- Low Cost Term Insurance -

- Disability Insurance -

- Long Term Care -

- Medicare Supplements, Advantage & Part D Plans -

- Annuities and Income Planning -

 

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- Group Life, Health, Disability, and Long Term Care Insurance -

- Business Succession Planning -

- Key-Man Insurance -

- Buy/Sell Agreements -

- Executive Benefits -

 

Securities offered through Securities America, Inc., Member FINRA/SIPC, and advisory services offered through Securities America Advisors, Inc. Midwest Heritage Financial Services and the Securities America companies are independent entities.

Licensed to offer securities products in IA, AZ, CA, FL, IL, MN, MO, NE, OH, SD, & TX

Licensed to offer insurance products in IA, AZ, CO, FL, IL, KS, MN, MO, NE, OH, SD, TX & WI

Advisory licensed in IA

NOT FDIC INSURED * MAY LOSE VALUE * NO BANK GUARANTEE