Family Calculator

A college education is one of the most difficult expenses to meet, especially if you have multiple children in school at the same time.

Use our Family Cost Calculator to help you -

Create a custom illustration for your family to see where your college investments may fall short.
Project the total cost of education for up to four children.
Calculate the lump sum, annual, and monthly contributions needed for each child, as well as for their entire family.

Before you start, you will need the following information:

Possible college or university types for your children.
The amount already saved and the anticipated return on that investment.
The initial lump sum and annual or monthly contributions that you expect to make.

How many children are you creating a college savings plan for?

Start Calculator

If your state or your designated Beneficiary’s state offers a 529 plan you may want to consider what, if any, potential state income tax or other benefits it offers, before investing. State tax or other benefits should be one of many factors to be considered prior to making an investment decision. Please consult with your financial, tax or other advisor about how these state benefits, if any, may apply to your specific circumstances. You may also contact your state 529 plan or any other 529 college savings plan to learn more about their features. Please contact your financial consultant or call 1-866-222-7498 to obtain a Plan Disclosure Document or prospectus for any of the underlying funds. The Plan Disclosure Document contains complete details on investment objectives, risks, fees, charges and expenses, as well as more information about municipal fund securities and the underlying investment companies that should be considered before investing. Please read the Plan Disclosure Document carefully prior to investing.

John Hancock Freedom 529 is a college savings plan offered by the Education Trust of Alaska, managed by T. Rowe Price, and distributed by John Hancock Distributors LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC. John Hancock Distributors LLC is a member of FINRA, and is listed with the Municipal Securities Rulemaking Board (MSRB). © 2009. John Hancock. All rights reserved.

529 plans are not FDIC insured, may lose value and are not bank or state guaranteed.

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