How Much to Save: Lump Sum Today vs Monthly (PV, PMT, FV)
This lesson is part of the course
In this lesson
You turn the projected college bill into a savings goal and work out the lump sum needed today, the monthly saving needed, the effect of money already saved and how far an affordable budget gets.
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Lessons in this course
- The Future Cost of College: Education Inflation Locked
- How Much to Save: Lump Sum Today vs Monthly (PV, PMT, FV) Locked
- Age-Based Glide Path: Allocation & Expected Return (Chart) Locked
- Tax-Free Growth vs a Taxable Account Locked
- Multiple Children & Staggered Timelines Locked
- Gifts, Grandparents & Employer Matches Locked
- Financial-Aid Style Expected Contribution (Simplified) Locked
- Four-Year Withdrawal Plan: Shortfall or Surplus (Chart) Locked