Savings Plan and Future Cost Estimation for MiraCosta College

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$104,023
Monthly savings required$462

How much will it cost to send your child to MiraCosta College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $208,046.73 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $462.16 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.

Assumptions

Current Annual Cost$29,736.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $462.16 $0.00 $0.00 $462.16
2 $462.16 $462.16 $0.00 $2.61 $926.93
3 $926.93 $462.16 $0.00 $5.24 $1,394.33
4 $1,394.33 $462.16 $0.00 $7.88 $1,864.37
5 $1,864.37 $462.16 $0.00 $10.54 $2,337.07
6 $2,337.07 $462.16 $0.00 $13.21 $2,812.44
7 $2,812.44 $462.16 $0.00 $15.90 $3,290.50
8 $3,290.50 $462.16 $0.00 $18.60 $3,771.26
9 $3,771.26 $462.16 $0.00 $21.32 $4,254.74
10 $4,254.74 $462.16 $0.00 $24.06 $4,740.96
11 $4,740.96 $462.16 $0.00 $26.81 $5,229.93
12 $5,229.93 $462.16 $0.00 $29.57 $5,721.66
13 $5,721.66 $462.16 $0.00 $32.35 $6,216.17
14 $6,216.17 $462.16 $0.00 $35.15 $6,713.48
15 $6,713.48 $462.16 $0.00 $37.96 $7,213.60
16 $7,213.60 $462.16 $0.00 $40.79 $7,716.55
17 $7,716.55 $462.16 $0.00 $43.63 $8,222.34
18 $8,222.34 $462.16 $0.00 $46.49 $8,730.99
19 $8,730.99 $462.16 $0.00 $49.37 $9,242.52
20 $9,242.52 $462.16 $0.00 $52.26 $9,756.94
21 $9,756.94 $462.16 $0.00 $55.17 $10,274.27
22 $10,274.27 $462.16 $0.00 $58.09 $10,794.52
23 $10,794.52 $462.16 $0.00 $61.03 $11,317.71
24 $11,317.71 $462.16 $0.00 $63.99 $11,843.86
25 $11,843.86 $462.16 $0.00 $66.97 $12,372.99
26 $12,372.99 $462.16 $0.00 $69.96 $12,905.11
27 $12,905.11 $462.16 $0.00 $72.97 $13,440.24
28 $13,440.24 $462.16 $0.00 $75.99 $13,978.39
29 $13,978.39 $462.16 $0.00 $79.04 $14,519.59
30 $14,519.59 $462.16 $0.00 $82.10 $15,063.85
31 $15,063.85 $462.16 $0.00 $85.17 $15,611.18
32 $15,611.18 $462.16 $0.00 $88.27 $16,161.61
33 $16,161.61 $462.16 $0.00 $91.38 $16,715.15
34 $16,715.15 $462.16 $0.00 $94.51 $17,271.82
35 $17,271.82 $462.16 $0.00 $97.66 $17,831.64
36 $17,831.64 $462.16 $0.00 $100.82 $18,394.62
37 $18,394.62 $462.16 $0.00 $104.01 $18,960.79
38 $18,960.79 $462.16 $0.00 $107.21 $19,530.16
39 $19,530.16 $462.16 $0.00 $110.43 $20,102.75
40 $20,102.75 $462.16 $0.00 $113.66 $20,678.57
41 $20,678.57 $462.16 $0.00 $116.92 $21,257.65
42 $21,257.65 $462.16 $0.00 $120.19 $21,840.00
43 $21,840.00 $462.16 $0.00 $123.49 $22,425.65
44 $22,425.65 $462.16 $0.00 $126.80 $23,014.61
45 $23,014.61 $462.16 $0.00 $130.13 $23,606.90
46 $23,606.90 $462.16 $0.00 $133.48 $24,202.54
47 $24,202.54 $462.16 $0.00 $136.84 $24,801.54
48 $24,801.54 $462.16 $0.00 $140.23 $25,403.93
49 $25,403.93 $462.16 $0.00 $143.64 $26,009.73
50 $26,009.73 $462.16 $0.00 $147.06 $26,618.95
51 $26,618.95 $462.16 $0.00 $150.51 $27,231.62
52 $27,231.62 $462.16 $0.00 $153.97 $27,847.75
53 $27,847.75 $462.16 $0.00 $157.46 $28,467.37
54 $28,467.37 $462.16 $0.00 $160.96 $29,090.49
55 $29,090.49 $462.16 $0.00 $164.48 $29,717.13
56 $29,717.13 $462.16 $0.00 $168.02 $30,347.31
57 $30,347.31 $462.16 $0.00 $171.59 $30,981.06
58 $30,981.06 $462.16 $0.00 $175.17 $31,618.39
59 $31,618.39 $462.16 $0.00 $178.77 $32,259.32
60 $32,259.32 $462.16 $0.00 $182.40 $32,903.88
61 $32,903.88 $462.16 $0.00 $186.04 $33,552.08
62 $33,552.08 $462.16 $0.00 $189.71 $34,203.95
63 $34,203.95 $462.16 $0.00 $193.39 $34,859.50
64 $34,859.50 $462.16 $0.00 $197.10 $35,518.76
65 $35,518.76 $462.16 $0.00 $200.83 $36,181.75
66 $36,181.75 $462.16 $0.00 $204.58 $36,848.49
67 $36,848.49 $462.16 $0.00 $208.35 $37,519.00
68 $37,519.00 $462.16 $0.00 $212.14 $38,193.30
69 $38,193.30 $462.16 $0.00 $215.95 $38,871.41
70 $38,871.41 $462.16 $0.00 $219.78 $39,553.35
71 $39,553.35 $462.16 $0.00 $223.64 $40,239.15
72 $40,239.15 $462.16 $0.00 $227.52 $40,928.83
73 $40,928.83 $462.16 $0.00 $231.42 $41,622.41
74 $41,622.41 $462.16 $0.00 $235.34 $42,319.91
75 $42,319.91 $462.16 $0.00 $239.28 $43,021.35
76 $43,021.35 $462.16 $0.00 $243.25 $43,726.76
77 $43,726.76 $462.16 $0.00 $247.24 $44,436.16
78 $44,436.16 $462.16 $0.00 $251.25 $45,149.57
79 $45,149.57 $462.16 $0.00 $255.28 $45,867.01
80 $45,867.01 $462.16 $0.00 $259.34 $46,588.51
81 $46,588.51 $462.16 $0.00 $263.42 $47,314.09
82 $47,314.09 $462.16 $0.00 $267.52 $48,043.77
83 $48,043.77 $462.16 $0.00 $271.65 $48,777.58
84 $48,777.58 $462.16 $0.00 $275.80 $49,515.54
85 $49,515.54 $462.16 $0.00 $279.97 $50,257.67
86 $50,257.67 $462.16 $0.00 $284.16 $51,003.99
87 $51,003.99 $462.16 $0.00 $288.38 $51,754.53
88 $51,754.53 $462.16 $0.00 $292.63 $52,509.32
89 $52,509.32 $462.16 $0.00 $296.90 $53,268.38
90 $53,268.38 $462.16 $0.00 $301.19 $54,031.73
91 $54,031.73 $462.16 $0.00 $305.50 $54,799.39
92 $54,799.39 $462.16 $0.00 $309.84 $55,571.39
93 $55,571.39 $462.16 $0.00 $314.21 $56,347.76
94 $56,347.76 $462.16 $0.00 $318.60 $57,128.52
95 $57,128.52 $462.16 $0.00 $323.01 $57,913.69
96 $57,913.69 $462.16 $0.00 $327.45 $58,703.30
97 $58,703.30 $462.16 $0.00 $331.92 $59,497.38
98 $59,497.38 $462.16 $0.00 $336.41 $60,295.95
99 $60,295.95 $462.16 $0.00 $340.92 $61,099.03
100 $61,099.03 $462.16 $0.00 $345.46 $61,906.65
101 $61,906.65 $462.16 $0.00 $350.03 $62,718.84
102 $62,718.84 $462.16 $0.00 $354.62 $63,535.62
103 $63,535.62 $462.16 $0.00 $359.24 $64,357.02
104 $64,357.02 $462.16 $0.00 $363.88 $65,183.06
105 $65,183.06 $462.16 $0.00 $368.55 $66,013.77
106 $66,013.77 $462.16 $0.00 $373.25 $66,849.18
107 $66,849.18 $462.16 $0.00 $377.97 $67,689.31
108 $67,689.31 $462.16 $0.00 $382.73 $68,534.20
109 $68,534.20 $462.16 $0.00 $387.50 $69,383.86
110 $69,383.86 $462.16 $0.00 $392.31 $70,238.33
111 $70,238.33 $462.16 $0.00 $397.14 $71,097.63
112 $71,097.63 $462.16 $0.00 $402.00 $71,961.79
113 $71,961.79 $462.16 $0.00 $406.88 $72,830.83
114 $72,830.83 $462.16 $0.00 $411.80 $73,704.79
115 $73,704.79 $462.16 $0.00 $416.74 $74,583.69
116 $74,583.69 $462.16 $0.00 $421.71 $75,467.56
117 $75,467.56 $462.16 $0.00 $426.70 $76,356.42
118 $76,356.42 $462.16 $0.00 $431.73 $77,250.31
119 $77,250.31 $462.16 $0.00 $436.78 $78,149.25
120 $78,149.25 $462.16 $0.00 $441.87 $79,053.28
121 $79,053.28 $462.16 $0.00 $446.98 $79,962.42
122 $79,962.42 $462.16 $0.00 $452.12 $80,876.70
123 $80,876.70 $462.16 $0.00 $457.29 $81,796.15
124 $81,796.15 $462.16 $0.00 $462.49 $82,720.80
125 $82,720.80 $462.16 $0.00 $467.72 $83,650.68
126 $83,650.68 $462.16 $0.00 $472.97 $84,585.81
127 $84,585.81 $462.16 $0.00 $478.26 $85,526.23
128 $85,526.23 $462.16 $0.00 $483.58 $86,471.97
129 $86,471.97 $462.16 $0.00 $488.93 $87,423.06
130 $87,423.06 $462.16 $0.00 $494.30 $88,379.52
131 $88,379.52 $462.16 $0.00 $499.71 $89,341.39
132 $89,341.39 $462.16 $0.00 $505.15 $90,308.70
133 $90,308.70 $462.16 $0.00 $510.62 $91,281.48
134 $91,281.48 $462.16 $0.00 $516.12 $92,259.76
135 $92,259.76 $462.16 $0.00 $521.65 $93,243.57
136 $93,243.57 $462.16 $0.00 $527.21 $94,232.94
137 $94,232.94 $462.16 $0.00 $532.81 $95,227.91
138 $95,227.91 $462.16 $0.00 $538.43 $96,228.50
139 $96,228.50 $462.16 $0.00 $544.09 $97,234.75
140 $97,234.75 $462.16 $0.00 $549.78 $98,246.69
141 $98,246.69 $462.16 $0.00 $555.50 $99,264.35
142 $99,264.35 $462.16 $0.00 $561.26 $100,287.77
143 $100,287.77 $462.16 $0.00 $567.04 $101,316.97
144 $101,316.97 $462.16 $0.00 $572.86 $102,351.99
145 $102,351.99 $462.16 $0.00 $578.71 $103,392.86
146 $103,392.86 $462.16 $0.00 $584.60 $104,439.62
147 $104,439.62 $462.16 $0.00 $590.52 $105,492.30
148 $105,492.30 $462.16 $0.00 $596.47 $106,550.93
149 $106,550.93 $462.16 $0.00 $602.45 $107,615.54
150 $107,615.54 $462.16 $0.00 $608.47 $108,686.17
151 $108,686.17 $462.16 $0.00 $614.53 $109,762.86
152 $109,762.86 $462.16 $0.00 $620.62 $110,845.64
153 $110,845.64 $462.16 $0.00 $626.74 $111,934.54
154 $111,934.54 $462.16 $0.00 $632.89 $113,029.59
155 $113,029.59 $462.16 $0.00 $639.09 $114,130.84
156 $114,130.84 $462.16 $0.00 $645.31 $115,238.31
157 $115,238.31 $462.16 $0.00 $651.57 $116,352.04
158 $116,352.04 $462.16 $0.00 $657.87 $117,472.07
159 $117,472.07 $462.16 $0.00 $664.20 $118,598.43
160 $118,598.43 $462.16 $0.00 $670.57 $119,731.16
161 $119,731.16 $462.16 $0.00 $676.98 $120,870.30
162 $120,870.30 $462.16 $0.00 $683.42 $122,015.88
163 $122,015.88 $462.16 $0.00 $689.90 $123,167.94
164 $123,167.94 $462.16 $0.00 $696.41 $124,326.51
165 $124,326.51 $462.16 $0.00 $702.96 $125,491.63
166 $125,491.63 $462.16 $0.00 $709.55 $126,663.34
167 $126,663.34 $462.16 $0.00 $716.17 $127,841.67
168 $127,841.67 $462.16 $0.00 $722.84 $129,026.67
169 $129,026.67 $462.16 $0.00 $729.54 $130,218.37
170 $130,218.37 $462.16 $0.00 $736.27 $131,416.80
171 $131,416.80 $462.16 $0.00 $743.05 $132,622.01
172 $132,622.01 $462.16 $0.00 $749.86 $133,834.03
173 $133,834.03 $462.16 $0.00 $756.72 $135,052.91
174 $135,052.91 $462.16 $0.00 $763.61 $136,278.68
175 $136,278.68 $462.16 $0.00 $770.54 $137,511.38
176 $137,511.38 $462.16 $0.00 $777.51 $138,751.05
177 $138,751.05 $462.16 $0.00 $784.52 $139,997.73
178 $139,997.73 $462.16 $0.00 $791.57 $141,251.46
179 $141,251.46 $462.16 $0.00 $798.66 $142,512.28
180 $142,512.28 $462.16 $0.00 $805.79 $143,780.23
181 $143,780.23 $462.16 $0.00 $812.95 $145,055.34
182 $145,055.34 $462.16 $0.00 $820.16 $146,337.66
183 $146,337.66 $462.16 $0.00 $827.41 $147,627.23
184 $147,627.23 $462.16 $0.00 $834.71 $148,924.10
185 $148,924.10 $462.16 $0.00 $842.04 $150,228.30
186 $150,228.30 $462.16 $0.00 $849.41 $151,539.87
187 $151,539.87 $462.16 $0.00 $856.83 $152,858.86
188 $152,858.86 $462.16 $0.00 $864.29 $154,185.31
189 $154,185.31 $462.16 $0.00 $871.79 $155,519.26
190 $155,519.26 $462.16 $0.00 $879.33 $156,860.75
191 $156,860.75 $462.16 $0.00 $886.91 $158,209.82
192 $158,209.82 $462.16 $0.00 $894.54 $159,566.52
193 $159,566.52 $462.16 $0.00 $902.21 $160,930.89
194 $160,930.89 $462.16 $0.00 $909.93 $162,302.98
195 $162,302.98 $462.16 $0.00 $917.68 $163,682.82
196 $163,682.82 $462.16 $0.00 $925.49 $165,070.47
197 $165,070.47 $462.16 $0.00 $933.33 $166,465.96
198 $166,465.96 $462.16 $0.00 $941.22 $167,869.34
199 $167,869.34 $462.16 $0.00 $949.16 $169,280.66
200 $169,280.66 $462.16 $0.00 $957.14 $170,699.96
201 $170,699.96 $462.16 $0.00 $965.16 $172,127.28
202 $172,127.28 $462.16 $0.00 $973.23 $173,562.67
203 $173,562.67 $462.16 $0.00 $981.35 $175,006.18
204 $175,006.18 $462.16 $0.00 $989.51 $176,457.85
205 $176,457.85 $462.16 $0.00 $997.72 $177,917.73
206 $177,917.73 $462.16 $0.00 $1,005.97 $179,385.86
207 $179,385.86 $462.16 $0.00 $1,014.27 $180,862.29
208 $180,862.29 $462.16 $0.00 $1,022.62 $182,347.07
209 $182,347.07 $462.16 $0.00 $1,031.02 $183,840.25
210 $183,840.25 $462.16 $0.00 $1,039.46 $185,341.87
211 $185,341.87 $462.16 $0.00 $1,047.95 $186,851.98
212 $186,851.98 $462.16 $0.00 $1,056.49 $188,370.63
213 $188,370.63 $462.16 $0.00 $1,065.07 $189,897.86
214 $189,897.86 $462.16 $0.00 $1,073.71 $191,433.73
215 $191,433.73 $462.16 $0.00 $1,082.39 $192,978.28
216 $192,978.28 $462.16 $0.00 $1,091.13 $194,531.57
217 $194,531.57 $462.16 $100,505.67 $1,099.91 $95,587.97
218 $95,587.97 $462.16 $0.00 $540.47 $96,590.60
219 $96,590.60 $462.16 $0.00 $546.14 $97,598.90
220 $97,598.90 $462.16 $0.00 $551.84 $98,612.90
221 $98,612.90 $462.16 $0.00 $557.57 $99,632.63
222 $99,632.63 $462.16 $0.00 $563.34 $100,658.13
223 $100,658.13 $462.16 $0.00 $569.14 $101,689.43
224 $101,689.43 $462.16 $0.00 $574.97 $102,726.56
225 $102,726.56 $462.16 $0.00 $580.83 $103,769.55
226 $103,769.55 $462.16 $0.00 $586.73 $104,818.44
227 $104,818.44 $462.16 $0.00 $592.66 $105,873.26
228 $105,873.26 $462.16 $0.00 $598.62 $106,934.04
229 $106,934.04 $0.00 $107,541.06 $604.62 -$2.40