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	Tools & Calculators Purpose of An Adviser Plan With An Adviser Glossary

TOOLS & CALCULATORS

College Savings Calculator

We have utilized data obtained from the College Board¹ to determine costs for colleges throughout the United States, as well as national averages for public and private colleges.

Please enter the following information. After selecting a state, you will be able to select from a list of colleges in that state. The "College Type" field allows you to specify whether your client will pay "In-State" or "Out-of-State" tuition rates where applicable. If your clients have already set aside investments for college, you may enter the current value of any college savings and their expected rate of return, as a percent.

What is your child's current age?	years
What is your child's age when entering college?	years
In what state will they be attending college?
What is your child's desired college?
What type of college?	In-State Out-Of-State
How many years does your child plan on attending?
What is the dollar amount already invested?	$
What is the expected return on investments?	%

1 Costs based on the College Board Annual Survey of Colleges and Data Base, 2008-2009 (©2008, College Entrance Examination Board, All Rights Reserved). Costs used are for tuition, fees, room and board, books, supplies and incidentals, as reported by institutions to the College Board. Average national and state-by-state costs based on two- and four-year, public and private colleges. Costs may vary by region.

2 Assumes 5% annual increase in overall college costs. Note that inflation rates can be hard to predict, could exceed the rate of return on your investments, and have uncertain effects on higher education costs. To estimate the required investment amount more accurately, enter a conservative expected rate of return. You have computed a hypothetical assumed annual rate of return of _%. Estimated savings goals used for this calculator depend on certain assumptions and cannot guarantee sufficient savings in all cases. Calculator results are estimates subject to the quality of information you provide.

Before basing decisions on this calculator, please note:

This calculation is for informational purposes only and may not reflect actual circumstances. It relies on information you provide, along with certain assumptions, and in no way guarantees future investment performance. Naok Financial is not liable for damages arising either from the employment of this calculator or from errors or omissions therein.

Calculations do not account for costs or fees related to (1) transferring assets between accounts, (2) variations in rate of return between investments in the account, (3) investing in the Plan (i.e. annual account fees), or (4) any applicable federal or state taxes. This calculator allows you to set your expected rate of return. For a more accurate estimate of the investment required to fund educational costs, set your expected rate of return conservatively.

Note that this calculator assumes students' chosen colleges will admit them. Estimated savings goals used for this calculator depend on certain assumptions and cannot guarantee sufficient savings in all cases.

Income tax regulations may vary from state to state regarding withdrawals. These calculator results account for no state taxes.