College Fund Calculator — JCNay Vida Team

Your Child's Plan

Monthly Savings ($)

Years Until College

From your child's current age until they turn 18

Bank Savings Rate

0.01%

Basic

0.5%

Average

1.0%

Good

4.5%

HYSA

IUL Projected Rate (% annual average)

Conservative IUL estimate: 6% (historical average with 0% floor)

Results after 15 years

🏦 Bank Savings

Total accumulated

📈 IUL Policy

Total accumulated

⚠️ Money Lost

By using the wrong account

Bank
0.5%

IUL
6% avg

Total you contribute$0

Bank interest earned$0

IUL growth$0

Pure difference$0

IUL cash value is NOT counted in FAFSA — unlike bank savings which can reduce financial aid eligibility by up to 20%
You can borrow from the IUL tax-free to pay tuition — no penalties unlike 529 plans for non-educational use
0% floor: even in bad market years, your balance never goes down
If your child gets a full scholarship, the money is still yours — no restrictions or penalties
Life insurance protection included: if something happens to you, the death benefit guarantees your child's education fund

Every month you wait, your child's college fund grows a little less. Let's build a plan today that protects both of you.