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The kollel years,
one year at a time.

The stipend, your spouse’s income and help from parents, against rent, living costs and tuition as the family grows. See each year’s gap and how long your savings carry you.

Up to ten years · Children by year · Tuition by stage

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Savings last until

Year 6

Average monthly gap

−$262

Savings after year 7

$0

Income covers the costs through year 3. From year 4 the gap comes out of savings, which run out during year 6.

Monthly costs each year, against income Rent Food and living Insurance Children Tuition Income

Illustration only. Costs grow by the yearly rate you set; income stays as entered. Tuition figures are examples, not any school’s fees.

Coming in each month

$/mo
$/mo
$/mo
$/mo

Going out each month

$/mo
$/mo
Fine-tune 2 more inputs: insurance, costs per child
$/mo
$/mo

Per child: clothing, diapers, doctor visits, babysitting. Tuition is set by age with the family, below.

The family, by year

Children now, by age
    Adding a child in
      Fine-tune 4 more inputs: tuition by age

      Tuition per child, per year

      $/yr
      $/yr
      $/yr
      $/yr

      Example figures after a typical reduction. Put in what your schools actually charge you.

      Savings and time

      $
      % a year
      7

      Year by year

      Savings last until

      Year 6

      Average monthly gap −$262

      Monthly income, costs and gap for each year, with savings at the end of the year
      YearIncomeCostsGapSavings

      Income, costs and gap are per month. Savings are at the end of each year.

      Illustration only. Costs, including tuition, grow by the rate you set each year; income stays as entered. Savings earn nothing here and are drawn evenly through the year. Tuition defaults are examples, not any school’s fees.

      Reading your plan.

      The gap

      • Each year on its own. Income minus costs for that year, shown per month.
      • When it opens. Usually the year tuition starts or a child is born.
      • A surplus counts too. Early years with room to spare build the savings later years draw on.

      The savings line

      • Runs forward. Each year adds its surplus or takes its gap.
      • Year it runs out. The year the balance would drop below zero.
      • Try a change. Move one number and watch the year shift.

      What it leaves out

      • Raises. Income is held flat; enter a later year’s figure to test it.
      • One-time costs. Simchas, a move, a car. Fold them into living costs for that period.
      • Tax credits and benefits. Not modelled; enter income after tax.