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Future & Careers

Education Savings Calculator

How much to save each month to cover education costs when they actually arrive.

Quick answer

An $80,000 education target for a child born in 2024 becomes about $174,600 by the time they reach 18 at 5% inflation, needing roughly $544 a month across 192 months.

Free tool

Education Savings Calculator

Embed this toolFree on any site, including commercial ones. The credit link must stay visible.

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Frequently asked

Is the Education Savings Calculator free?

Yes. Every tool on AlphaBetaMinds is free, needs no account and has no usage limit.

Does this tool store what I type?

No. It runs entirely in your browser. Your inputs are never sent to our server, and nothing is logged.

How accurate is it?

It uses the McCrindle generation boundaries (Gen Alpha 2010–2024, Gen Beta 2025–2039) and UN World Population Prospects vital rates. Sources and formulas are on our methodology page.

Can I use the result in an article or report?

Yes, with a credit and a link back to this page. See our terms of use for the full licence.