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![[Graphic: How Much Do You Need?]](images/needbar.jpg)
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| Numbers are based on the federal tax bracket at 15% and Missouri tax bracket at 1% |
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Rate of Return |
Initial Investment |
Monthly Contribution |
Projected Savings |
Taxable Savings |
Total Savings |
| Start at birth (18Years): |
|
6.00% |
$25.00 |
$25.00 |
$9570.00 |
$74.00 |
$9644.00 |
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6.00% |
$500.00 |
$50.00 |
$20425.00 |
$157.00 |
$20582.00 |
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6.00% |
$1000.00 |
$50.00 |
$21852.00 |
$167.00 |
$22019.00 |
| Start at kindergarten (13 years): |
|
6.00% |
$25.00 |
$25.00 |
$5847.00 |
$46.00 |
$5893.00 |
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6.00% |
$500.00 |
$50.00 |
$12654.00 |
$100.00 |
$12754.00 |
|
6.00% |
$1000.00 |
$50.00 |
$13720.00 |
$108.00 |
$13828.00 |
| Start at high school (4 Years): |
|
6.00% |
$25.00 |
$25.00 |
$1354.00 |
$11.00 |
$1365.00 |
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6.00% |
$500.00 |
$50.00 |
$3277.00 |
$27.00 |
$3304.00 |
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6.00% |
$1000.00 |
$50.00 |
$3908.00 |
$32.00 |
$3940.00 |
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