SS&C Technologies, Inc. College Planner

Methodology

For each child the calculation assumes that the cost of college will increase at the rate of inflation provided by the user, that college savings will earn the hypothetical annual rate of return provided by the user, and that the periodic contributions will occur without interruption through the end of college.

The national average cost data is from The College Board's annual "Trends in College Pricing" report. All Rights Reserved. The college costs used in this calculator are based on data collected and provided by SS&C Technologies, Inc.

For the purposes of this calculator, college costs include tuition, fees, room & board, books & supplies, and other fees, as supplied to the College Board and SS&C Technologies, Inc. from the institutions. The average costs are based on two and four year, public and private colleges for each state and nationally. There are different kinds of institutions in each region, and because of this, there may be a large variation in the actual costs for specific institutions.

This calculator assumes that overall college costs (education cost inflation) will increase each year by the rate you selected for each child\'s costs, with a default of 5.28%. The impact of inflation on higher education expenses is uncertain and the rate of inflation could exceed the rate of return on your investments. This calculator also allows you to enter your hypothetical average annual rate of return. You may wish to choose a conservative hypothetical average annual rate of return. The default is 6.11% should you not choose a specific return.

The savings goals depicted by this calculator are an estimate based on certain assumptions and cannot guarantee that the sufficient money will be saved. The calculation results are estimates based on the information you have provided. To help understand and use the calculation output effectively, please note the following items:

Any calculation does not take into account the costs or fees associated with (1) transferring assets between the accounts, (2) the differences in the rate of return on investments within the account, (3) investing in the Plan (i.e., annual account fees, management fees), or (4) the effect of federal and/or state taxes. This calculator allows you to enter your hypothetical average annual rate of return. For a more accurate estimate of the investment required to fund your college costs, you may wish to choose a conservative expected rate of return on your investments.

State income tax rules on how withdrawals are handled may vary. The calculator results do not take into account any state tax issues.

Information and interactive planners are provided by SS&C Technologies, Inc.

This information may help you estimate how much to save for college. It is based on information and assumptions provided by you. No tax, investment, financial or legal advice is offered or given by this tool. In addition, information provided by this tool is intended to be an aid in determining how much to save for college and should not be relied upon as the only source of information for you to consider. The information and calculations are intended to be illustrative and are supplied from sources we believe to be reliable, but we cannot guarantee their accuracy. Because your circumstances are unique, you need to assess your own situation and you may want to consult your tax or financial advisor for guidance. SS&C Technologies, Inc., Charles Schwab & Co., Inc. and their subsidiaries and affiliates are not responsible for any errors or omissions or for the results obtained from the use of this calculation tool, nor do they have any fiduciary duties, responsibilities or liabilities relative to your use of or the results obtained with this calculation tool. In no event shall SS&C Technologies, Inc., Charles Schwab & Co., Inc. or their subsidiaries or affiliates be liable for any indirect, special or consequential damages in connection with the results of your use of this information.

The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.

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Client Information

Full Name

Address 1

Address 2

City

State

Zip

Phone number

E-mail address

Financial Consultant Information

(If Applicable)

Full Name

Company

Address 1

Address 2

City

State

Zip

Phone number

E-mail address

Email address* (optional) to receive a copy of report as a PDF attachment:

*Please note that your email address will not be captured or stored. It will only be used in this instance to send you a copy of this report.

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Child 1

Results for Child 1

This hypothetical example is for illustrative purposes only

Estimated total education cost*

Amount to be funded

Based on current savings
you'll cover

You'll need to save

* Projected using your Education Cost Inflation Rate input value

Methodology

This calculator is for hypothetical use only and is dependent on the information you provide. The calculations rely on a number of simplifying assumptions, and the results may vary from your actual situation. As tax and other laws change from time to time, there's no guarantee that the information used in this calculator is accurate or up to date. This calculator should not be used for or considered as investment or legal advice.