This calculator assumes that all contributions and withdrawals are made at the end of the year and
that earnings compound annually, irrespectively of monthly contributions. If contributions are made
and compounded monthly, you may be able to reach your savings goal by making a lower contribution
than the amount indicated. Withdrawing money for college payments twice a year instead of annually
would produce different results.
All investing is subject to risk, including the possible loss of the money you invest.
Information and interactive calculators are made available to you as self-help tools for your independent use.
We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you
to seek personalized advice from qualified professionals regarding all personal finance issues.
The information provided in these materials, developed by an independent
third party, is for informational purposes only and has been obtained from sources
considered to be reliable. Your introducing broker dealer does not guarantee that
the foregoing material is accurate or complete.
Your introducing broker dealer and their financial professionals do not
provide legal, accounting or tax advice. Consult your attorney or tax professional.