College Summary & Analysis.

What is your approach to education funding?

By funding

100%

of your children's education, you lighten the burden for them, but you couldcompromise your own lifestyle and retirement savings. As you learn more about theconsequences of this contribution on your retirement and lifestyle, you may wish to revise thisnumber. A comprehensive financial plan would help you to balance all of your financial goals.

What type of education are you planning for?

Your contribution could be about

$90,000

over four years per child in today's dollars. This isusually the most expensive alternative, averaging $22,500 per year in private tuition plusexpenses, or about $90,000 over four years. However, US News reports tuition may begrowing at an average 6% annually. And the other expenses may be growing at 3.5% per year.

How much will you have to fund?

Your overall contribution could be approximately

$200,000

after tax and adjusted for inflation.Your child may need to fund about

through earnings, scholarships, loans, or other sources.Based on a 7%* return on your investments, you would need to put away about

$560

eachmonth between now and year

2019

to make up the balance. These figures are estimates andcould be affected by the particular school's tuition and the area's cost of living, the actualreturn on investments, and actual rates of inflation.

*The annual growth rate of 7% does not represent the assumed return on any particular product or investment. There isno assurance that forecasts made will be obtained. Individual investor results will vary.

How would your monthly education savings goal impact your lifestyle?

If your savings target would not affect your lifestyle excessively, you may have the option of amore ambitious contribution level or type of education. If you feel that your current lifestylewill allow it, you could also save more towards your other financial objectives.

How will education funding impact your retirement expectations?

If you allowed your overall contribution amount for all of your children to compound until age65 at 7%*, the total would be about

$420,000

. This lump sum could generate an annuitypayment of roughly

$39,700

until age 85, about

47%

of the

$85,000

retirement income youwant to achieve.

*7% does not represent the assumed return on any particular product. There is no assurance that forecasts made will beobtained. Individual investor results will vary.

Does the impact of college funding on retirement meet your expectations?

This preliminary estimate suggests that your college funding approach is consistent with your lifestyle and retirement plans. You may want to have an AXA Advisors financial professionalconfirm this along with other financial goals you also want to achieve.