Number of Children

College Tuition Per Year
Tip: The average college tuition is $23,712/year for private colleges and $6,185/year for public colleges (not including room and board).
Source: The College Board 2006-2007.

Children's Wedding
Amount you plan on spending for your children's wedding(s).
Tip: The average wedding, not including honeymoon, costs $27,852.
Source: "One Perfect Day", Rebecca Mead, June 2007.

Personal Funeral Expenses
Tip: The average funeral costs $6,580.
Source: Federated Funeral Directors of America, as of October 2007.

Elder Care for Parents
Tip: The average cost of care in a nursing home is $77,745/year per person.
Source: MetLife Market Survey of Nursing Home and Assisted Living Costs, 2007.

Elder Care for Parents - Number of Years (est.)
Tip: The average annual stay in a nursing home is 2.4 years.
Source: MetLife Market Survey of Nursing Home and Assisted Living Costs, 2007.

Other Expenses