| Estimated Annual Cost in 2042 | $87,994 |
| Monthly savings required | $391 |
How much will it cost to send your child to Folsom Lake College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $175,988.95 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $390.96 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 | $25,154.00 |
| 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 Folsom Lake College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $390.96 | $0.00 | $0.00 | $390.96 |
| 2 | $390.96 | $390.96 | $0.00 | $2.21 | $784.13 |
| 3 | $784.13 | $390.96 | $0.00 | $4.43 | $1,179.52 |
| 4 | $1,179.52 | $390.96 | $0.00 | $6.67 | $1,577.15 |
| 5 | $1,577.15 | $390.96 | $0.00 | $8.92 | $1,977.03 |
| 6 | $1,977.03 | $390.96 | $0.00 | $11.18 | $2,379.17 |
| 7 | $2,379.17 | $390.96 | $0.00 | $13.45 | $2,783.58 |
| 8 | $2,783.58 | $390.96 | $0.00 | $15.74 | $3,190.28 |
| 9 | $3,190.28 | $390.96 | $0.00 | $18.04 | $3,599.28 |
| 10 | $3,599.28 | $390.96 | $0.00 | $20.35 | $4,010.59 |
| 11 | $4,010.59 | $390.96 | $0.00 | $22.68 | $4,424.23 |
| 12 | $4,424.23 | $390.96 | $0.00 | $25.02 | $4,840.21 |
| 13 | $4,840.21 | $390.96 | $0.00 | $27.37 | $5,258.54 |
| 14 | $5,258.54 | $390.96 | $0.00 | $29.73 | $5,679.23 |
| 15 | $5,679.23 | $390.96 | $0.00 | $32.11 | $6,102.30 |
| 16 | $6,102.30 | $390.96 | $0.00 | $34.50 | $6,527.76 |
| 17 | $6,527.76 | $390.96 | $0.00 | $36.91 | $6,955.63 |
| 18 | $6,955.63 | $390.96 | $0.00 | $39.33 | $7,385.92 |
| 19 | $7,385.92 | $390.96 | $0.00 | $41.76 | $7,818.64 |
| 20 | $7,818.64 | $390.96 | $0.00 | $44.21 | $8,253.81 |
| 21 | $8,253.81 | $390.96 | $0.00 | $46.67 | $8,691.44 |
| 22 | $8,691.44 | $390.96 | $0.00 | $49.14 | $9,131.54 |
| 23 | $9,131.54 | $390.96 | $0.00 | $51.63 | $9,574.13 |
| 24 | $9,574.13 | $390.96 | $0.00 | $54.13 | $10,019.22 |
| 25 | $10,019.22 | $390.96 | $0.00 | $56.65 | $10,466.83 |
| 26 | $10,466.83 | $390.96 | $0.00 | $59.18 | $10,916.97 |
| 27 | $10,916.97 | $390.96 | $0.00 | $61.73 | $11,369.66 |
| 28 | $11,369.66 | $390.96 | $0.00 | $64.29 | $11,824.91 |
| 29 | $11,824.91 | $390.96 | $0.00 | $66.86 | $12,282.73 |
| 30 | $12,282.73 | $390.96 | $0.00 | $69.45 | $12,743.14 |
| 31 | $12,743.14 | $390.96 | $0.00 | $72.05 | $13,206.15 |
| 32 | $13,206.15 | $390.96 | $0.00 | $74.67 | $13,671.78 |
| 33 | $13,671.78 | $390.96 | $0.00 | $77.30 | $14,140.04 |
| 34 | $14,140.04 | $390.96 | $0.00 | $79.95 | $14,610.95 |
| 35 | $14,610.95 | $390.96 | $0.00 | $82.61 | $15,084.52 |
| 36 | $15,084.52 | $390.96 | $0.00 | $85.29 | $15,560.77 |
| 37 | $15,560.77 | $390.96 | $0.00 | $87.98 | $16,039.71 |
| 38 | $16,039.71 | $390.96 | $0.00 | $90.69 | $16,521.36 |
| 39 | $16,521.36 | $390.96 | $0.00 | $93.41 | $17,005.73 |
| 40 | $17,005.73 | $390.96 | $0.00 | $96.15 | $17,492.84 |
| 41 | $17,492.84 | $390.96 | $0.00 | $98.91 | $17,982.71 |
| 42 | $17,982.71 | $390.96 | $0.00 | $101.68 | $18,475.35 |
| 43 | $18,475.35 | $390.96 | $0.00 | $104.46 | $18,970.77 |
| 44 | $18,970.77 | $390.96 | $0.00 | $107.26 | $19,468.99 |
| 45 | $19,468.99 | $390.96 | $0.00 | $110.08 | $19,970.03 |
| 46 | $19,970.03 | $390.96 | $0.00 | $112.91 | $20,473.90 |
| 47 | $20,473.90 | $390.96 | $0.00 | $115.76 | $20,980.62 |
| 48 | $20,980.62 | $390.96 | $0.00 | $118.63 | $21,490.21 |
| 49 | $21,490.21 | $390.96 | $0.00 | $121.51 | $22,002.68 |
| 50 | $22,002.68 | $390.96 | $0.00 | $124.41 | $22,518.05 |
| 51 | $22,518.05 | $390.96 | $0.00 | $127.32 | $23,036.33 |
| 52 | $23,036.33 | $390.96 | $0.00 | $130.25 | $23,557.54 |
| 53 | $23,557.54 | $390.96 | $0.00 | $133.20 | $24,081.70 |
| 54 | $24,081.70 | $390.96 | $0.00 | $136.16 | $24,608.82 |
| 55 | $24,608.82 | $390.96 | $0.00 | $139.14 | $25,138.92 |
| 56 | $25,138.92 | $390.96 | $0.00 | $142.14 | $25,672.02 |
| 57 | $25,672.02 | $390.96 | $0.00 | $145.15 | $26,208.13 |
| 58 | $26,208.13 | $390.96 | $0.00 | $148.18 | $26,747.27 |
| 59 | $26,747.27 | $390.96 | $0.00 | $151.23 | $27,289.46 |
| 60 | $27,289.46 | $390.96 | $0.00 | $154.30 | $27,834.72 |
| 61 | $27,834.72 | $390.96 | $0.00 | $157.38 | $28,383.06 |
| 62 | $28,383.06 | $390.96 | $0.00 | $160.48 | $28,934.50 |
| 63 | $28,934.50 | $390.96 | $0.00 | $163.60 | $29,489.06 |
| 64 | $29,489.06 | $390.96 | $0.00 | $166.74 | $30,046.76 |
| 65 | $30,046.76 | $390.96 | $0.00 | $169.89 | $30,607.61 |
| 66 | $30,607.61 | $390.96 | $0.00 | $173.06 | $31,171.63 |
| 67 | $31,171.63 | $390.96 | $0.00 | $176.25 | $31,738.84 |
| 68 | $31,738.84 | $390.96 | $0.00 | $179.46 | $32,309.26 |
| 69 | $32,309.26 | $390.96 | $0.00 | $182.68 | $32,882.90 |
| 70 | $32,882.90 | $390.96 | $0.00 | $185.92 | $33,459.78 |
| 71 | $33,459.78 | $390.96 | $0.00 | $189.19 | $34,039.93 |
| 72 | $34,039.93 | $390.96 | $0.00 | $192.47 | $34,623.36 |
| 73 | $34,623.36 | $390.96 | $0.00 | $195.77 | $35,210.09 |
| 74 | $35,210.09 | $390.96 | $0.00 | $199.08 | $35,800.13 |
| 75 | $35,800.13 | $390.96 | $0.00 | $202.42 | $36,393.51 |
| 76 | $36,393.51 | $390.96 | $0.00 | $205.77 | $36,990.24 |
| 77 | $36,990.24 | $390.96 | $0.00 | $209.15 | $37,590.35 |
| 78 | $37,590.35 | $390.96 | $0.00 | $212.54 | $38,193.85 |
| 79 | $38,193.85 | $390.96 | $0.00 | $215.95 | $38,800.76 |
| 80 | $38,800.76 | $390.96 | $0.00 | $219.39 | $39,411.11 |
| 81 | $39,411.11 | $390.96 | $0.00 | $222.84 | $40,024.91 |
| 82 | $40,024.91 | $390.96 | $0.00 | $226.31 | $40,642.18 |
| 83 | $40,642.18 | $390.96 | $0.00 | $229.80 | $41,262.94 |
| 84 | $41,262.94 | $390.96 | $0.00 | $233.31 | $41,887.21 |
| 85 | $41,887.21 | $390.96 | $0.00 | $236.84 | $42,515.01 |
| 86 | $42,515.01 | $390.96 | $0.00 | $240.39 | $43,146.36 |
| 87 | $43,146.36 | $390.96 | $0.00 | $243.96 | $43,781.28 |
| 88 | $43,781.28 | $390.96 | $0.00 | $247.55 | $44,419.79 |
| 89 | $44,419.79 | $390.96 | $0.00 | $251.16 | $45,061.91 |
| 90 | $45,061.91 | $390.96 | $0.00 | $254.79 | $45,707.66 |
| 91 | $45,707.66 | $390.96 | $0.00 | $258.44 | $46,357.06 |
| 92 | $46,357.06 | $390.96 | $0.00 | $262.11 | $47,010.13 |
| 93 | $47,010.13 | $390.96 | $0.00 | $265.80 | $47,666.89 |
| 94 | $47,666.89 | $390.96 | $0.00 | $269.52 | $48,327.37 |
| 95 | $48,327.37 | $390.96 | $0.00 | $273.25 | $48,991.58 |
| 96 | $48,991.58 | $390.96 | $0.00 | $277.01 | $49,659.55 |
| 97 | $49,659.55 | $390.96 | $0.00 | $280.78 | $50,331.29 |
| 98 | $50,331.29 | $390.96 | $0.00 | $284.58 | $51,006.83 |
| 99 | $51,006.83 | $390.96 | $0.00 | $288.40 | $51,686.19 |
| 100 | $51,686.19 | $390.96 | $0.00 | $292.24 | $52,369.39 |
| 101 | $52,369.39 | $390.96 | $0.00 | $296.10 | $53,056.45 |
| 102 | $53,056.45 | $390.96 | $0.00 | $299.99 | $53,747.40 |
| 103 | $53,747.40 | $390.96 | $0.00 | $303.90 | $54,442.26 |
| 104 | $54,442.26 | $390.96 | $0.00 | $307.82 | $55,141.04 |
| 105 | $55,141.04 | $390.96 | $0.00 | $311.78 | $55,843.78 |
| 106 | $55,843.78 | $390.96 | $0.00 | $315.75 | $56,550.49 |
| 107 | $56,550.49 | $390.96 | $0.00 | $319.74 | $57,261.19 |
| 108 | $57,261.19 | $390.96 | $0.00 | $323.76 | $57,975.91 |
| 109 | $57,975.91 | $390.96 | $0.00 | $327.80 | $58,694.67 |
| 110 | $58,694.67 | $390.96 | $0.00 | $331.87 | $59,417.50 |
| 111 | $59,417.50 | $390.96 | $0.00 | $335.96 | $60,144.42 |
| 112 | $60,144.42 | $390.96 | $0.00 | $340.07 | $60,875.45 |
| 113 | $60,875.45 | $390.96 | $0.00 | $344.20 | $61,610.61 |
| 114 | $61,610.61 | $390.96 | $0.00 | $348.36 | $62,349.93 |
| 115 | $62,349.93 | $390.96 | $0.00 | $352.54 | $63,093.43 |
| 116 | $63,093.43 | $390.96 | $0.00 | $356.74 | $63,841.13 |
| 117 | $63,841.13 | $390.96 | $0.00 | $360.97 | $64,593.06 |
| 118 | $64,593.06 | $390.96 | $0.00 | $365.22 | $65,349.24 |
| 119 | $65,349.24 | $390.96 | $0.00 | $369.49 | $66,109.69 |
| 120 | $66,109.69 | $390.96 | $0.00 | $373.79 | $66,874.44 |
| 121 | $66,874.44 | $390.96 | $0.00 | $378.12 | $67,643.52 |
| 122 | $67,643.52 | $390.96 | $0.00 | $382.47 | $68,416.95 |
| 123 | $68,416.95 | $390.96 | $0.00 | $386.84 | $69,194.75 |
| 124 | $69,194.75 | $390.96 | $0.00 | $391.24 | $69,976.95 |
| 125 | $69,976.95 | $390.96 | $0.00 | $395.66 | $70,763.57 |
| 126 | $70,763.57 | $390.96 | $0.00 | $400.11 | $71,554.64 |
| 127 | $71,554.64 | $390.96 | $0.00 | $404.58 | $72,350.18 |
| 128 | $72,350.18 | $390.96 | $0.00 | $409.08 | $73,150.22 |
| 129 | $73,150.22 | $390.96 | $0.00 | $413.60 | $73,954.78 |
| 130 | $73,954.78 | $390.96 | $0.00 | $418.15 | $74,763.89 |
| 131 | $74,763.89 | $390.96 | $0.00 | $422.73 | $75,577.58 |
| 132 | $75,577.58 | $390.96 | $0.00 | $427.33 | $76,395.87 |
| 133 | $76,395.87 | $390.96 | $0.00 | $431.95 | $77,218.78 |
| 134 | $77,218.78 | $390.96 | $0.00 | $436.61 | $78,046.35 |
| 135 | $78,046.35 | $390.96 | $0.00 | $441.29 | $78,878.60 |
| 136 | $78,878.60 | $390.96 | $0.00 | $445.99 | $79,715.55 |
| 137 | $79,715.55 | $390.96 | $0.00 | $450.72 | $80,557.23 |
| 138 | $80,557.23 | $390.96 | $0.00 | $455.48 | $81,403.67 |
| 139 | $81,403.67 | $390.96 | $0.00 | $460.27 | $82,254.90 |
| 140 | $82,254.90 | $390.96 | $0.00 | $465.08 | $83,110.94 |
| 141 | $83,110.94 | $390.96 | $0.00 | $469.92 | $83,971.82 |
| 142 | $83,971.82 | $390.96 | $0.00 | $474.79 | $84,837.57 |
| 143 | $84,837.57 | $390.96 | $0.00 | $479.68 | $85,708.21 |
| 144 | $85,708.21 | $390.96 | $0.00 | $484.61 | $86,583.78 |
| 145 | $86,583.78 | $390.96 | $0.00 | $489.56 | $87,464.30 |
| 146 | $87,464.30 | $390.96 | $0.00 | $494.54 | $88,349.80 |
| 147 | $88,349.80 | $390.96 | $0.00 | $499.54 | $89,240.30 |
| 148 | $89,240.30 | $390.96 | $0.00 | $504.58 | $90,135.84 |
| 149 | $90,135.84 | $390.96 | $0.00 | $509.64 | $91,036.44 |
| 150 | $91,036.44 | $390.96 | $0.00 | $514.73 | $91,942.13 |
| 151 | $91,942.13 | $390.96 | $0.00 | $519.85 | $92,852.94 |
| 152 | $92,852.94 | $390.96 | $0.00 | $525.00 | $93,768.90 |
| 153 | $93,768.90 | $390.96 | $0.00 | $530.18 | $94,690.04 |
| 154 | $94,690.04 | $390.96 | $0.00 | $535.39 | $95,616.39 |
| 155 | $95,616.39 | $390.96 | $0.00 | $540.63 | $96,547.98 |
| 156 | $96,547.98 | $390.96 | $0.00 | $545.90 | $97,484.84 |
| 157 | $97,484.84 | $390.96 | $0.00 | $551.19 | $98,426.99 |
| 158 | $98,426.99 | $390.96 | $0.00 | $556.52 | $99,374.47 |
| 159 | $99,374.47 | $390.96 | $0.00 | $561.88 | $100,327.31 |
| 160 | $100,327.31 | $390.96 | $0.00 | $567.27 | $101,285.54 |
| 161 | $101,285.54 | $390.96 | $0.00 | $572.68 | $102,249.18 |
| 162 | $102,249.18 | $390.96 | $0.00 | $578.13 | $103,218.27 |
| 163 | $103,218.27 | $390.96 | $0.00 | $583.61 | $104,192.84 |
| 164 | $104,192.84 | $390.96 | $0.00 | $589.12 | $105,172.92 |
| 165 | $105,172.92 | $390.96 | $0.00 | $594.66 | $106,158.54 |
| 166 | $106,158.54 | $390.96 | $0.00 | $600.24 | $107,149.74 |
| 167 | $107,149.74 | $390.96 | $0.00 | $605.84 | $108,146.54 |
| 168 | $108,146.54 | $390.96 | $0.00 | $611.48 | $109,148.98 |
| 169 | $109,148.98 | $390.96 | $0.00 | $617.14 | $110,157.08 |
| 170 | $110,157.08 | $390.96 | $0.00 | $622.84 | $111,170.88 |
| 171 | $111,170.88 | $390.96 | $0.00 | $628.58 | $112,190.42 |
| 172 | $112,190.42 | $390.96 | $0.00 | $634.34 | $113,215.72 |
| 173 | $113,215.72 | $390.96 | $0.00 | $640.14 | $114,246.82 |
| 174 | $114,246.82 | $390.96 | $0.00 | $645.97 | $115,283.75 |
| 175 | $115,283.75 | $390.96 | $0.00 | $651.83 | $116,326.54 |
| 176 | $116,326.54 | $390.96 | $0.00 | $657.73 | $117,375.23 |
| 177 | $117,375.23 | $390.96 | $0.00 | $663.66 | $118,429.85 |
| 178 | $118,429.85 | $390.96 | $0.00 | $669.62 | $119,490.43 |
| 179 | $119,490.43 | $390.96 | $0.00 | $675.62 | $120,557.01 |
| 180 | $120,557.01 | $390.96 | $0.00 | $681.65 | $121,629.62 |
| 181 | $121,629.62 | $390.96 | $0.00 | $687.71 | $122,708.29 |
| 182 | $122,708.29 | $390.96 | $0.00 | $693.81 | $123,793.06 |
| 183 | $123,793.06 | $390.96 | $0.00 | $699.94 | $124,883.96 |
| 184 | $124,883.96 | $390.96 | $0.00 | $706.11 | $125,981.03 |
| 185 | $125,981.03 | $390.96 | $0.00 | $712.32 | $127,084.31 |
| 186 | $127,084.31 | $390.96 | $0.00 | $718.55 | $128,193.82 |
| 187 | $128,193.82 | $390.96 | $0.00 | $724.83 | $129,309.61 |
| 188 | $129,309.61 | $390.96 | $0.00 | $731.14 | $130,431.71 |
| 189 | $130,431.71 | $390.96 | $0.00 | $737.48 | $131,560.15 |
| 190 | $131,560.15 | $390.96 | $0.00 | $743.86 | $132,694.97 |
| 191 | $132,694.97 | $390.96 | $0.00 | $750.28 | $133,836.21 |
| 192 | $133,836.21 | $390.96 | $0.00 | $756.73 | $134,983.90 |
| 193 | $134,983.90 | $390.96 | $0.00 | $763.22 | $136,138.08 |
| 194 | $136,138.08 | $390.96 | $0.00 | $769.74 | $137,298.78 |
| 195 | $137,298.78 | $390.96 | $0.00 | $776.31 | $138,466.05 |
| 196 | $138,466.05 | $390.96 | $0.00 | $782.91 | $139,639.92 |
| 197 | $139,639.92 | $390.96 | $0.00 | $789.54 | $140,820.42 |
| 198 | $140,820.42 | $390.96 | $0.00 | $796.22 | $142,007.60 |
| 199 | $142,007.60 | $390.96 | $0.00 | $802.93 | $143,201.49 |
| 200 | $143,201.49 | $390.96 | $0.00 | $809.68 | $144,402.13 |
| 201 | $144,402.13 | $390.96 | $0.00 | $816.47 | $145,609.56 |
| 202 | $145,609.56 | $390.96 | $0.00 | $823.30 | $146,823.82 |
| 203 | $146,823.82 | $390.96 | $0.00 | $830.16 | $148,044.94 |
| 204 | $148,044.94 | $390.96 | $0.00 | $837.07 | $149,272.97 |
| 205 | $149,272.97 | $390.96 | $0.00 | $844.01 | $150,507.94 |
| 206 | $150,507.94 | $390.96 | $0.00 | $850.99 | $151,749.89 |
| 207 | $151,749.89 | $390.96 | $0.00 | $858.02 | $152,998.87 |
| 208 | $152,998.87 | $390.96 | $0.00 | $865.08 | $154,254.91 |
| 209 | $154,254.91 | $390.96 | $0.00 | $872.18 | $155,518.05 |
| 210 | $155,518.05 | $390.96 | $0.00 | $879.32 | $156,788.33 |
| 211 | $156,788.33 | $390.96 | $0.00 | $886.50 | $158,065.79 |
| 212 | $158,065.79 | $390.96 | $0.00 | $893.73 | $159,350.48 |
| 213 | $159,350.48 | $390.96 | $0.00 | $900.99 | $160,642.43 |
| 214 | $160,642.43 | $390.96 | $0.00 | $908.30 | $161,941.69 |
| 215 | $161,941.69 | $390.96 | $0.00 | $915.64 | $163,248.29 |
| 216 | $163,248.29 | $390.96 | $0.00 | $923.03 | $164,562.28 |
| 217 | $164,562.28 | $390.96 | $85,018.82 | $930.46 | $80,864.88 |
| 218 | $80,864.88 | $390.96 | $0.00 | $457.22 | $81,713.06 |
| 219 | $81,713.06 | $390.96 | $0.00 | $462.02 | $82,566.04 |
| 220 | $82,566.04 | $390.96 | $0.00 | $466.84 | $83,423.84 |
| 221 | $83,423.84 | $390.96 | $0.00 | $471.69 | $84,286.49 |
| 222 | $84,286.49 | $390.96 | $0.00 | $476.57 | $85,154.02 |
| 223 | $85,154.02 | $390.96 | $0.00 | $481.47 | $86,026.45 |
| 224 | $86,026.45 | $390.96 | $0.00 | $486.41 | $86,903.82 |
| 225 | $86,903.82 | $390.96 | $0.00 | $491.37 | $87,786.15 |
| 226 | $87,786.15 | $390.96 | $0.00 | $496.36 | $88,673.47 |
| 227 | $88,673.47 | $390.96 | $0.00 | $501.37 | $89,565.80 |
| 228 | $89,565.80 | $390.96 | $0.00 | $506.42 | $90,463.18 |
| 229 | $90,463.18 | $0.00 | $90,970.13 | $511.49 | $4.54 |