| Estimated Annual Cost in 2042 | $103,075 |
| Monthly savings required | $458 |
How much will it cost to send your child to Canada College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $206,150.69 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $457.96 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.
| Current Annual Cost | $29,465.00 |
| Years until enrollment | 18 |
| Annual Tuition Increase | 7% |
| Current Savings | $0.00 |
| After Tax Return on Savings | 7% |
| Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Canada College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $457.96 | $0.00 | $0.00 | $457.96 |
| 2 | $457.96 | $457.96 | $0.00 | $2.59 | $918.51 |
| 3 | $918.51 | $457.96 | $0.00 | $5.19 | $1,381.66 |
| 4 | $1,381.66 | $457.96 | $0.00 | $7.81 | $1,847.43 |
| 5 | $1,847.43 | $457.96 | $0.00 | $10.45 | $2,315.84 |
| 6 | $2,315.84 | $457.96 | $0.00 | $13.09 | $2,786.89 |
| 7 | $2,786.89 | $457.96 | $0.00 | $15.76 | $3,260.61 |
| 8 | $3,260.61 | $457.96 | $0.00 | $18.44 | $3,737.01 |
| 9 | $3,737.01 | $457.96 | $0.00 | $21.13 | $4,216.10 |
| 10 | $4,216.10 | $457.96 | $0.00 | $23.84 | $4,697.90 |
| 11 | $4,697.90 | $457.96 | $0.00 | $26.56 | $5,182.42 |
| 12 | $5,182.42 | $457.96 | $0.00 | $29.30 | $5,669.68 |
| 13 | $5,669.68 | $457.96 | $0.00 | $32.06 | $6,159.70 |
| 14 | $6,159.70 | $457.96 | $0.00 | $34.83 | $6,652.49 |
| 15 | $6,652.49 | $457.96 | $0.00 | $37.61 | $7,148.06 |
| 16 | $7,148.06 | $457.96 | $0.00 | $40.42 | $7,646.44 |
| 17 | $7,646.44 | $457.96 | $0.00 | $43.23 | $8,147.63 |
| 18 | $8,147.63 | $457.96 | $0.00 | $46.07 | $8,651.66 |
| 19 | $8,651.66 | $457.96 | $0.00 | $48.92 | $9,158.54 |
| 20 | $9,158.54 | $457.96 | $0.00 | $51.78 | $9,668.28 |
| 21 | $9,668.28 | $457.96 | $0.00 | $54.67 | $10,180.91 |
| 22 | $10,180.91 | $457.96 | $0.00 | $57.56 | $10,696.43 |
| 23 | $10,696.43 | $457.96 | $0.00 | $60.48 | $11,214.87 |
| 24 | $11,214.87 | $457.96 | $0.00 | $63.41 | $11,736.24 |
| 25 | $11,736.24 | $457.96 | $0.00 | $66.36 | $12,260.56 |
| 26 | $12,260.56 | $457.96 | $0.00 | $69.32 | $12,787.84 |
| 27 | $12,787.84 | $457.96 | $0.00 | $72.30 | $13,318.10 |
| 28 | $13,318.10 | $457.96 | $0.00 | $75.30 | $13,851.36 |
| 29 | $13,851.36 | $457.96 | $0.00 | $78.32 | $14,387.64 |
| 30 | $14,387.64 | $457.96 | $0.00 | $81.35 | $14,926.95 |
| 31 | $14,926.95 | $457.96 | $0.00 | $84.40 | $15,469.31 |
| 32 | $15,469.31 | $457.96 | $0.00 | $87.47 | $16,014.74 |
| 33 | $16,014.74 | $457.96 | $0.00 | $90.55 | $16,563.25 |
| 34 | $16,563.25 | $457.96 | $0.00 | $93.65 | $17,114.86 |
| 35 | $17,114.86 | $457.96 | $0.00 | $96.77 | $17,669.59 |
| 36 | $17,669.59 | $457.96 | $0.00 | $99.91 | $18,227.46 |
| 37 | $18,227.46 | $457.96 | $0.00 | $103.06 | $18,788.48 |
| 38 | $18,788.48 | $457.96 | $0.00 | $106.23 | $19,352.67 |
| 39 | $19,352.67 | $457.96 | $0.00 | $109.42 | $19,920.05 |
| 40 | $19,920.05 | $457.96 | $0.00 | $112.63 | $20,490.64 |
| 41 | $20,490.64 | $457.96 | $0.00 | $115.86 | $21,064.46 |
| 42 | $21,064.46 | $457.96 | $0.00 | $119.10 | $21,641.52 |
| 43 | $21,641.52 | $457.96 | $0.00 | $122.36 | $22,221.84 |
| 44 | $22,221.84 | $457.96 | $0.00 | $125.65 | $22,805.45 |
| 45 | $22,805.45 | $457.96 | $0.00 | $128.95 | $23,392.36 |
| 46 | $23,392.36 | $457.96 | $0.00 | $132.26 | $23,982.58 |
| 47 | $23,982.58 | $457.96 | $0.00 | $135.60 | $24,576.14 |
| 48 | $24,576.14 | $457.96 | $0.00 | $138.96 | $25,173.06 |
| 49 | $25,173.06 | $457.96 | $0.00 | $142.33 | $25,773.35 |
| 50 | $25,773.35 | $457.96 | $0.00 | $145.73 | $26,377.04 |
| 51 | $26,377.04 | $457.96 | $0.00 | $149.14 | $26,984.14 |
| 52 | $26,984.14 | $457.96 | $0.00 | $152.57 | $27,594.67 |
| 53 | $27,594.67 | $457.96 | $0.00 | $156.02 | $28,208.65 |
| 54 | $28,208.65 | $457.96 | $0.00 | $159.50 | $28,826.11 |
| 55 | $28,826.11 | $457.96 | $0.00 | $162.99 | $29,447.06 |
| 56 | $29,447.06 | $457.96 | $0.00 | $166.50 | $30,071.52 |
| 57 | $30,071.52 | $457.96 | $0.00 | $170.03 | $30,699.51 |
| 58 | $30,699.51 | $457.96 | $0.00 | $173.58 | $31,331.05 |
| 59 | $31,331.05 | $457.96 | $0.00 | $177.15 | $31,966.16 |
| 60 | $31,966.16 | $457.96 | $0.00 | $180.74 | $32,604.86 |
| 61 | $32,604.86 | $457.96 | $0.00 | $184.35 | $33,247.17 |
| 62 | $33,247.17 | $457.96 | $0.00 | $187.98 | $33,893.11 |
| 63 | $33,893.11 | $457.96 | $0.00 | $191.64 | $34,542.71 |
| 64 | $34,542.71 | $457.96 | $0.00 | $195.31 | $35,195.98 |
| 65 | $35,195.98 | $457.96 | $0.00 | $199.00 | $35,852.94 |
| 66 | $35,852.94 | $457.96 | $0.00 | $202.72 | $36,513.62 |
| 67 | $36,513.62 | $457.96 | $0.00 | $206.45 | $37,178.03 |
| 68 | $37,178.03 | $457.96 | $0.00 | $210.21 | $37,846.20 |
| 69 | $37,846.20 | $457.96 | $0.00 | $213.99 | $38,518.15 |
| 70 | $38,518.15 | $457.96 | $0.00 | $217.79 | $39,193.90 |
| 71 | $39,193.90 | $457.96 | $0.00 | $221.61 | $39,873.47 |
| 72 | $39,873.47 | $457.96 | $0.00 | $225.45 | $40,556.88 |
| 73 | $40,556.88 | $457.96 | $0.00 | $229.31 | $41,244.15 |
| 74 | $41,244.15 | $457.96 | $0.00 | $233.20 | $41,935.31 |
| 75 | $41,935.31 | $457.96 | $0.00 | $237.11 | $42,630.38 |
| 76 | $42,630.38 | $457.96 | $0.00 | $241.04 | $43,329.38 |
| 77 | $43,329.38 | $457.96 | $0.00 | $244.99 | $44,032.33 |
| 78 | $44,032.33 | $457.96 | $0.00 | $248.97 | $44,739.26 |
| 79 | $44,739.26 | $457.96 | $0.00 | $252.96 | $45,450.18 |
| 80 | $45,450.18 | $457.96 | $0.00 | $256.98 | $46,165.12 |
| 81 | $46,165.12 | $457.96 | $0.00 | $261.02 | $46,884.10 |
| 82 | $46,884.10 | $457.96 | $0.00 | $265.09 | $47,607.15 |
| 83 | $47,607.15 | $457.96 | $0.00 | $269.18 | $48,334.29 |
| 84 | $48,334.29 | $457.96 | $0.00 | $273.29 | $49,065.54 |
| 85 | $49,065.54 | $457.96 | $0.00 | $277.42 | $49,800.92 |
| 86 | $49,800.92 | $457.96 | $0.00 | $281.58 | $50,540.46 |
| 87 | $50,540.46 | $457.96 | $0.00 | $285.76 | $51,284.18 |
| 88 | $51,284.18 | $457.96 | $0.00 | $289.97 | $52,032.11 |
| 89 | $52,032.11 | $457.96 | $0.00 | $294.20 | $52,784.27 |
| 90 | $52,784.27 | $457.96 | $0.00 | $298.45 | $53,540.68 |
| 91 | $53,540.68 | $457.96 | $0.00 | $302.73 | $54,301.37 |
| 92 | $54,301.37 | $457.96 | $0.00 | $307.03 | $55,066.36 |
| 93 | $55,066.36 | $457.96 | $0.00 | $311.35 | $55,835.67 |
| 94 | $55,835.67 | $457.96 | $0.00 | $315.70 | $56,609.33 |
| 95 | $56,609.33 | $457.96 | $0.00 | $320.08 | $57,387.37 |
| 96 | $57,387.37 | $457.96 | $0.00 | $324.48 | $58,169.81 |
| 97 | $58,169.81 | $457.96 | $0.00 | $328.90 | $58,956.67 |
| 98 | $58,956.67 | $457.96 | $0.00 | $333.35 | $59,747.98 |
| 99 | $59,747.98 | $457.96 | $0.00 | $337.82 | $60,543.76 |
| 100 | $60,543.76 | $457.96 | $0.00 | $342.32 | $61,344.04 |
| 101 | $61,344.04 | $457.96 | $0.00 | $346.85 | $62,148.85 |
| 102 | $62,148.85 | $457.96 | $0.00 | $351.40 | $62,958.21 |
| 103 | $62,958.21 | $457.96 | $0.00 | $355.97 | $63,772.14 |
| 104 | $63,772.14 | $457.96 | $0.00 | $360.58 | $64,590.68 |
| 105 | $64,590.68 | $457.96 | $0.00 | $365.21 | $65,413.85 |
| 106 | $65,413.85 | $457.96 | $0.00 | $369.86 | $66,241.67 |
| 107 | $66,241.67 | $457.96 | $0.00 | $374.54 | $67,074.17 |
| 108 | $67,074.17 | $457.96 | $0.00 | $379.25 | $67,911.38 |
| 109 | $67,911.38 | $457.96 | $0.00 | $383.98 | $68,753.32 |
| 110 | $68,753.32 | $457.96 | $0.00 | $388.74 | $69,600.02 |
| 111 | $69,600.02 | $457.96 | $0.00 | $393.53 | $70,451.51 |
| 112 | $70,451.51 | $457.96 | $0.00 | $398.34 | $71,307.81 |
| 113 | $71,307.81 | $457.96 | $0.00 | $403.18 | $72,168.95 |
| 114 | $72,168.95 | $457.96 | $0.00 | $408.05 | $73,034.96 |
| 115 | $73,034.96 | $457.96 | $0.00 | $412.95 | $73,905.87 |
| 116 | $73,905.87 | $457.96 | $0.00 | $417.87 | $74,781.70 |
| 117 | $74,781.70 | $457.96 | $0.00 | $422.83 | $75,662.49 |
| 118 | $75,662.49 | $457.96 | $0.00 | $427.81 | $76,548.26 |
| 119 | $76,548.26 | $457.96 | $0.00 | $432.81 | $77,439.03 |
| 120 | $77,439.03 | $457.96 | $0.00 | $437.85 | $78,334.84 |
| 121 | $78,334.84 | $457.96 | $0.00 | $442.92 | $79,235.72 |
| 122 | $79,235.72 | $457.96 | $0.00 | $448.01 | $80,141.69 |
| 123 | $80,141.69 | $457.96 | $0.00 | $453.13 | $81,052.78 |
| 124 | $81,052.78 | $457.96 | $0.00 | $458.28 | $81,969.02 |
| 125 | $81,969.02 | $457.96 | $0.00 | $463.46 | $82,890.44 |
| 126 | $82,890.44 | $457.96 | $0.00 | $468.67 | $83,817.07 |
| 127 | $83,817.07 | $457.96 | $0.00 | $473.91 | $84,748.94 |
| 128 | $84,748.94 | $457.96 | $0.00 | $479.18 | $85,686.08 |
| 129 | $85,686.08 | $457.96 | $0.00 | $484.48 | $86,628.52 |
| 130 | $86,628.52 | $457.96 | $0.00 | $489.81 | $87,576.29 |
| 131 | $87,576.29 | $457.96 | $0.00 | $495.17 | $88,529.42 |
| 132 | $88,529.42 | $457.96 | $0.00 | $500.56 | $89,487.94 |
| 133 | $89,487.94 | $457.96 | $0.00 | $505.98 | $90,451.88 |
| 134 | $90,451.88 | $457.96 | $0.00 | $511.43 | $91,421.27 |
| 135 | $91,421.27 | $457.96 | $0.00 | $516.91 | $92,396.14 |
| 136 | $92,396.14 | $457.96 | $0.00 | $522.42 | $93,376.52 |
| 137 | $93,376.52 | $457.96 | $0.00 | $527.96 | $94,362.44 |
| 138 | $94,362.44 | $457.96 | $0.00 | $533.54 | $95,353.94 |
| 139 | $95,353.94 | $457.96 | $0.00 | $539.15 | $96,351.05 |
| 140 | $96,351.05 | $457.96 | $0.00 | $544.78 | $97,353.79 |
| 141 | $97,353.79 | $457.96 | $0.00 | $550.45 | $98,362.20 |
| 142 | $98,362.20 | $457.96 | $0.00 | $556.15 | $99,376.31 |
| 143 | $99,376.31 | $457.96 | $0.00 | $561.89 | $100,396.16 |
| 144 | $100,396.16 | $457.96 | $0.00 | $567.65 | $101,421.77 |
| 145 | $101,421.77 | $457.96 | $0.00 | $573.45 | $102,453.18 |
| 146 | $102,453.18 | $457.96 | $0.00 | $579.29 | $103,490.43 |
| 147 | $103,490.43 | $457.96 | $0.00 | $585.15 | $104,533.54 |
| 148 | $104,533.54 | $457.96 | $0.00 | $591.05 | $105,582.55 |
| 149 | $105,582.55 | $457.96 | $0.00 | $596.98 | $106,637.49 |
| 150 | $106,637.49 | $457.96 | $0.00 | $602.94 | $107,698.39 |
| 151 | $107,698.39 | $457.96 | $0.00 | $608.94 | $108,765.29 |
| 152 | $108,765.29 | $457.96 | $0.00 | $614.97 | $109,838.22 |
| 153 | $109,838.22 | $457.96 | $0.00 | $621.04 | $110,917.22 |
| 154 | $110,917.22 | $457.96 | $0.00 | $627.14 | $112,002.32 |
| 155 | $112,002.32 | $457.96 | $0.00 | $633.28 | $113,093.56 |
| 156 | $113,093.56 | $457.96 | $0.00 | $639.45 | $114,190.97 |
| 157 | $114,190.97 | $457.96 | $0.00 | $645.65 | $115,294.58 |
| 158 | $115,294.58 | $457.96 | $0.00 | $651.89 | $116,404.43 |
| 159 | $116,404.43 | $457.96 | $0.00 | $658.17 | $117,520.56 |
| 160 | $117,520.56 | $457.96 | $0.00 | $664.48 | $118,643.00 |
| 161 | $118,643.00 | $457.96 | $0.00 | $670.82 | $119,771.78 |
| 162 | $119,771.78 | $457.96 | $0.00 | $677.21 | $120,906.95 |
| 163 | $120,906.95 | $457.96 | $0.00 | $683.63 | $122,048.54 |
| 164 | $122,048.54 | $457.96 | $0.00 | $690.08 | $123,196.58 |
| 165 | $123,196.58 | $457.96 | $0.00 | $696.57 | $124,351.11 |
| 166 | $124,351.11 | $457.96 | $0.00 | $703.10 | $125,512.17 |
| 167 | $125,512.17 | $457.96 | $0.00 | $709.66 | $126,679.79 |
| 168 | $126,679.79 | $457.96 | $0.00 | $716.27 | $127,854.02 |
| 169 | $127,854.02 | $457.96 | $0.00 | $722.91 | $129,034.89 |
| 170 | $129,034.89 | $457.96 | $0.00 | $729.58 | $130,222.43 |
| 171 | $130,222.43 | $457.96 | $0.00 | $736.30 | $131,416.69 |
| 172 | $131,416.69 | $457.96 | $0.00 | $743.05 | $132,617.70 |
| 173 | $132,617.70 | $457.96 | $0.00 | $749.84 | $133,825.50 |
| 174 | $133,825.50 | $457.96 | $0.00 | $756.67 | $135,040.13 |
| 175 | $135,040.13 | $457.96 | $0.00 | $763.54 | $136,261.63 |
| 176 | $136,261.63 | $457.96 | $0.00 | $770.44 | $137,490.03 |
| 177 | $137,490.03 | $457.96 | $0.00 | $777.39 | $138,725.38 |
| 178 | $138,725.38 | $457.96 | $0.00 | $784.37 | $139,967.71 |
| 179 | $139,967.71 | $457.96 | $0.00 | $791.40 | $141,217.07 |
| 180 | $141,217.07 | $457.96 | $0.00 | $798.46 | $142,473.49 |
| 181 | $142,473.49 | $457.96 | $0.00 | $805.57 | $143,737.02 |
| 182 | $143,737.02 | $457.96 | $0.00 | $812.71 | $145,007.69 |
| 183 | $145,007.69 | $457.96 | $0.00 | $819.89 | $146,285.54 |
| 184 | $146,285.54 | $457.96 | $0.00 | $827.12 | $147,570.62 |
| 185 | $147,570.62 | $457.96 | $0.00 | $834.39 | $148,862.97 |
| 186 | $148,862.97 | $457.96 | $0.00 | $841.69 | $150,162.62 |
| 187 | $150,162.62 | $457.96 | $0.00 | $849.04 | $151,469.62 |
| 188 | $151,469.62 | $457.96 | $0.00 | $856.43 | $152,784.01 |
| 189 | $152,784.01 | $457.96 | $0.00 | $863.86 | $154,105.83 |
| 190 | $154,105.83 | $457.96 | $0.00 | $871.34 | $155,435.13 |
| 191 | $155,435.13 | $457.96 | $0.00 | $878.85 | $156,771.94 |
| 192 | $156,771.94 | $457.96 | $0.00 | $886.41 | $158,116.31 |
| 193 | $158,116.31 | $457.96 | $0.00 | $894.01 | $159,468.28 |
| 194 | $159,468.28 | $457.96 | $0.00 | $901.66 | $160,827.90 |
| 195 | $160,827.90 | $457.96 | $0.00 | $909.34 | $162,195.20 |
| 196 | $162,195.20 | $457.96 | $0.00 | $917.08 | $163,570.24 |
| 197 | $163,570.24 | $457.96 | $0.00 | $924.85 | $164,953.05 |
| 198 | $164,953.05 | $457.96 | $0.00 | $932.67 | $166,343.68 |
| 199 | $166,343.68 | $457.96 | $0.00 | $940.53 | $167,742.17 |
| 200 | $167,742.17 | $457.96 | $0.00 | $948.44 | $169,148.57 |
| 201 | $169,148.57 | $457.96 | $0.00 | $956.39 | $170,562.92 |
| 202 | $170,562.92 | $457.96 | $0.00 | $964.39 | $171,985.27 |
| 203 | $171,985.27 | $457.96 | $0.00 | $972.43 | $173,415.66 |
| 204 | $173,415.66 | $457.96 | $0.00 | $980.52 | $174,854.14 |
| 205 | $174,854.14 | $457.96 | $0.00 | $988.65 | $176,300.75 |
| 206 | $176,300.75 | $457.96 | $0.00 | $996.83 | $177,755.54 |
| 207 | $177,755.54 | $457.96 | $0.00 | $1,005.06 | $179,218.56 |
| 208 | $179,218.56 | $457.96 | $0.00 | $1,013.33 | $180,689.85 |
| 209 | $180,689.85 | $457.96 | $0.00 | $1,021.65 | $182,169.46 |
| 210 | $182,169.46 | $457.96 | $0.00 | $1,030.01 | $183,657.43 |
| 211 | $183,657.43 | $457.96 | $0.00 | $1,038.43 | $185,153.82 |
| 212 | $185,153.82 | $457.96 | $0.00 | $1,046.89 | $186,658.67 |
| 213 | $186,658.67 | $457.96 | $0.00 | $1,055.40 | $188,172.03 |
| 214 | $188,172.03 | $457.96 | $0.00 | $1,063.95 | $189,693.94 |
| 215 | $189,693.94 | $457.96 | $0.00 | $1,072.56 | $191,224.46 |
| 216 | $191,224.46 | $457.96 | $0.00 | $1,081.21 | $192,763.63 |
| 217 | $192,763.63 | $457.96 | $99,589.70 | $1,089.91 | $94,721.80 |
| 218 | $94,721.80 | $457.96 | $0.00 | $535.57 | $95,715.33 |
| 219 | $95,715.33 | $457.96 | $0.00 | $541.19 | $96,714.48 |
| 220 | $96,714.48 | $457.96 | $0.00 | $546.84 | $97,719.28 |
| 221 | $97,719.28 | $457.96 | $0.00 | $552.52 | $98,729.76 |
| 222 | $98,729.76 | $457.96 | $0.00 | $558.23 | $99,745.95 |
| 223 | $99,745.95 | $457.96 | $0.00 | $563.98 | $100,767.89 |
| 224 | $100,767.89 | $457.96 | $0.00 | $569.76 | $101,795.61 |
| 225 | $101,795.61 | $457.96 | $0.00 | $575.57 | $102,829.14 |
| 226 | $102,829.14 | $457.96 | $0.00 | $581.41 | $103,868.51 |
| 227 | $103,868.51 | $457.96 | $0.00 | $587.29 | $104,913.76 |
| 228 | $104,913.76 | $457.96 | $0.00 | $593.20 | $105,964.92 |
| 229 | $105,964.92 | $0.00 | $106,560.98 | $599.14 | $3.08 |