How do I use the College Calculator for a quick approximation?
The College Calculator can give you a quick approximation of the funds you'll have available for college. Use it to answer questions such as: "If I set aside $5,000 each year until my child is 18, will I have enough to pay for a four-year college?" You can use it before you enter information in the College Planner, to get an idea of how much more you'll need to save.
- Click the Planning tab.
- Choose Planning Tools > College Calculator.
- In the College Information area, enter information about your child, how much you expect college to cost, and your savings plan.
- Enter the adjustments you want Quicken to make for inflation. (Optional)
- Click Calculate after entering the last value.
- Click Schedule to see the schedule of deposits you must make to achieve your savings goal.