Savings Plan and Future Cost Estimation for Rocky Mountain College of Art and Design

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$142,305
Monthly savings required$1,125

How much will it cost to send your child to Rocky Mountain College of Art and Design in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $569,219.39 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,124.68 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$37,931.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,124.68 $0.00 $0.00 $1,124.68
2 $1,124.68 $1,124.68 $0.00 $6.36 $2,255.72
3 $2,255.72 $1,124.68 $0.00 $12.75 $3,393.15
4 $3,393.15 $1,124.68 $0.00 $19.19 $4,537.02
5 $4,537.02 $1,124.68 $0.00 $25.65 $5,687.35
6 $5,687.35 $1,124.68 $0.00 $32.16 $6,844.19
7 $6,844.19 $1,124.68 $0.00 $38.70 $8,007.57
8 $8,007.57 $1,124.68 $0.00 $45.28 $9,177.53
9 $9,177.53 $1,124.68 $0.00 $51.89 $10,354.10
10 $10,354.10 $1,124.68 $0.00 $58.54 $11,537.32
11 $11,537.32 $1,124.68 $0.00 $65.23 $12,727.23
12 $12,727.23 $1,124.68 $0.00 $71.96 $13,923.87
13 $13,923.87 $1,124.68 $0.00 $78.73 $15,127.28
14 $15,127.28 $1,124.68 $0.00 $85.53 $16,337.49
15 $16,337.49 $1,124.68 $0.00 $92.37 $17,554.54
16 $17,554.54 $1,124.68 $0.00 $99.26 $18,778.48
17 $18,778.48 $1,124.68 $0.00 $106.18 $20,009.34
18 $20,009.34 $1,124.68 $0.00 $113.14 $21,247.16
19 $21,247.16 $1,124.68 $0.00 $120.13 $22,491.97
20 $22,491.97 $1,124.68 $0.00 $127.17 $23,743.82
21 $23,743.82 $1,124.68 $0.00 $134.25 $25,002.75
22 $25,002.75 $1,124.68 $0.00 $141.37 $26,268.80
23 $26,268.80 $1,124.68 $0.00 $148.53 $27,542.01
24 $27,542.01 $1,124.68 $0.00 $155.73 $28,822.42
25 $28,822.42 $1,124.68 $0.00 $162.97 $30,110.07
26 $30,110.07 $1,124.68 $0.00 $170.25 $31,405.00
27 $31,405.00 $1,124.68 $0.00 $177.57 $32,707.25
28 $32,707.25 $1,124.68 $0.00 $184.93 $34,016.86
29 $34,016.86 $1,124.68 $0.00 $192.34 $35,333.88
30 $35,333.88 $1,124.68 $0.00 $199.78 $36,658.34
31 $36,658.34 $1,124.68 $0.00 $207.27 $37,990.29
32 $37,990.29 $1,124.68 $0.00 $214.80 $39,329.77
33 $39,329.77 $1,124.68 $0.00 $222.38 $40,676.83
34 $40,676.83 $1,124.68 $0.00 $229.99 $42,031.50
35 $42,031.50 $1,124.68 $0.00 $237.65 $43,393.83
36 $43,393.83 $1,124.68 $0.00 $245.36 $44,763.87
37 $44,763.87 $1,124.68 $0.00 $253.10 $46,141.65
38 $46,141.65 $1,124.68 $0.00 $260.89 $47,527.22
39 $47,527.22 $1,124.68 $0.00 $268.73 $48,920.63
40 $48,920.63 $1,124.68 $0.00 $276.60 $50,321.91
41 $50,321.91 $1,124.68 $0.00 $284.53 $51,731.12
42 $51,731.12 $1,124.68 $0.00 $292.50 $53,148.30
43 $53,148.30 $1,124.68 $0.00 $300.51 $54,573.49
44 $54,573.49 $1,124.68 $0.00 $308.57 $56,006.74
45 $56,006.74 $1,124.68 $0.00 $316.67 $57,448.09
46 $57,448.09 $1,124.68 $0.00 $324.82 $58,897.59
47 $58,897.59 $1,124.68 $0.00 $333.02 $60,355.29
48 $60,355.29 $1,124.68 $0.00 $341.26 $61,821.23
49 $61,821.23 $1,124.68 $0.00 $349.55 $63,295.46
50 $63,295.46 $1,124.68 $0.00 $357.88 $64,778.02
51 $64,778.02 $1,124.68 $0.00 $366.26 $66,268.96
52 $66,268.96 $1,124.68 $0.00 $374.69 $67,768.33
53 $67,768.33 $1,124.68 $0.00 $383.17 $69,276.18
54 $69,276.18 $1,124.68 $0.00 $391.70 $70,792.56
55 $70,792.56 $1,124.68 $0.00 $400.27 $72,317.51
56 $72,317.51 $1,124.68 $0.00 $408.89 $73,851.08
57 $73,851.08 $1,124.68 $0.00 $417.56 $75,393.32
58 $75,393.32 $1,124.68 $0.00 $426.28 $76,944.28
59 $76,944.28 $1,124.68 $0.00 $435.05 $78,504.01
60 $78,504.01 $1,124.68 $0.00 $443.87 $80,072.56
61 $80,072.56 $1,124.68 $0.00 $452.74 $81,649.98
62 $81,649.98 $1,124.68 $0.00 $461.66 $83,236.32
63 $83,236.32 $1,124.68 $0.00 $470.63 $84,831.63
64 $84,831.63 $1,124.68 $0.00 $479.65 $86,435.96
65 $86,435.96 $1,124.68 $0.00 $488.72 $88,049.36
66 $88,049.36 $1,124.68 $0.00 $497.84 $89,671.88
67 $89,671.88 $1,124.68 $0.00 $507.02 $91,303.58
68 $91,303.58 $1,124.68 $0.00 $516.24 $92,944.50
69 $92,944.50 $1,124.68 $0.00 $525.52 $94,594.70
70 $94,594.70 $1,124.68 $0.00 $534.85 $96,254.23
71 $96,254.23 $1,124.68 $0.00 $544.24 $97,923.15
72 $97,923.15 $1,124.68 $0.00 $553.67 $99,601.50
73 $99,601.50 $1,124.68 $0.00 $563.16 $101,289.34
74 $101,289.34 $1,124.68 $0.00 $572.70 $102,986.72
75 $102,986.72 $1,124.68 $0.00 $582.30 $104,693.70
76 $104,693.70 $1,124.68 $0.00 $591.95 $106,410.33
77 $106,410.33 $1,124.68 $0.00 $601.66 $108,136.67
78 $108,136.67 $1,124.68 $0.00 $611.42 $109,872.77
79 $109,872.77 $1,124.68 $0.00 $621.24 $111,618.69
80 $111,618.69 $1,124.68 $0.00 $631.11 $113,374.48
81 $113,374.48 $1,124.68 $0.00 $641.04 $115,140.20
82 $115,140.20 $1,124.68 $0.00 $651.02 $116,915.90
83 $116,915.90 $1,124.68 $0.00 $661.06 $118,701.64
84 $118,701.64 $1,124.68 $0.00 $671.16 $120,497.48
85 $120,497.48 $1,124.68 $0.00 $681.31 $122,303.47
86 $122,303.47 $1,124.68 $0.00 $691.52 $124,119.67
87 $124,119.67 $1,124.68 $0.00 $701.79 $125,946.14
88 $125,946.14 $1,124.68 $0.00 $712.12 $127,782.94
89 $127,782.94 $1,124.68 $0.00 $722.50 $129,630.12
90 $129,630.12 $1,124.68 $0.00 $732.95 $131,487.75
91 $131,487.75 $1,124.68 $0.00 $743.45 $133,355.88
92 $133,355.88 $1,124.68 $0.00 $754.01 $135,234.57
93 $135,234.57 $1,124.68 $0.00 $764.64 $137,123.89
94 $137,123.89 $1,124.68 $0.00 $775.32 $139,023.89
95 $139,023.89 $1,124.68 $0.00 $786.06 $140,934.63
96 $140,934.63 $1,124.68 $0.00 $796.86 $142,856.17
97 $142,856.17 $1,124.68 $0.00 $807.73 $144,788.58
98 $144,788.58 $1,124.68 $0.00 $818.66 $146,731.92
99 $146,731.92 $1,124.68 $0.00 $829.64 $148,686.24
100 $148,686.24 $1,124.68 $0.00 $840.69 $150,651.61
101 $150,651.61 $1,124.68 $0.00 $851.81 $152,628.10
102 $152,628.10 $1,124.68 $0.00 $862.98 $154,615.76
103 $154,615.76 $1,124.68 $0.00 $874.22 $156,614.66
104 $156,614.66 $1,124.68 $0.00 $885.52 $158,624.86
105 $158,624.86 $1,124.68 $0.00 $896.89 $160,646.43
106 $160,646.43 $1,124.68 $0.00 $908.32 $162,679.43
107 $162,679.43 $1,124.68 $0.00 $919.81 $164,723.92
108 $164,723.92 $1,124.68 $0.00 $931.37 $166,779.97
109 $166,779.97 $1,124.68 $0.00 $943.00 $168,847.65
110 $168,847.65 $1,124.68 $0.00 $954.69 $170,927.02
111 $170,927.02 $1,124.68 $0.00 $966.45 $173,018.15
112 $173,018.15 $1,124.68 $0.00 $978.27 $175,121.10
113 $175,121.10 $1,124.68 $0.00 $990.16 $177,235.94
114 $177,235.94 $1,124.68 $0.00 $1,002.12 $179,362.74
115 $179,362.74 $1,124.68 $0.00 $1,014.14 $181,501.56
116 $181,501.56 $1,124.68 $0.00 $1,026.24 $183,652.48
117 $183,652.48 $1,124.68 $0.00 $1,038.40 $185,815.56
118 $185,815.56 $1,124.68 $0.00 $1,050.63 $187,990.87
119 $187,990.87 $1,124.68 $0.00 $1,062.93 $190,178.48
120 $190,178.48 $1,124.68 $0.00 $1,075.30 $192,378.46
121 $192,378.46 $1,124.68 $0.00 $1,087.74 $194,590.88
122 $194,590.88 $1,124.68 $0.00 $1,100.25 $196,815.81
123 $196,815.81 $1,124.68 $0.00 $1,112.83 $199,053.32
124 $199,053.32 $1,124.68 $0.00 $1,125.48 $201,303.48
125 $201,303.48 $1,124.68 $0.00 $1,138.20 $203,566.36
126 $203,566.36 $1,124.68 $0.00 $1,150.99 $205,842.03
127 $205,842.03 $1,124.68 $0.00 $1,163.86 $208,130.57
128 $208,130.57 $1,124.68 $0.00 $1,176.80 $210,432.05
129 $210,432.05 $1,124.68 $0.00 $1,189.81 $212,746.54
130 $212,746.54 $1,124.68 $0.00 $1,202.90 $215,074.12
131 $215,074.12 $1,124.68 $0.00 $1,216.06 $217,414.86
132 $217,414.86 $1,124.68 $0.00 $1,229.30 $219,768.84
133 $219,768.84 $1,124.68 $0.00 $1,242.60 $222,136.12
134 $222,136.12 $1,124.68 $0.00 $1,255.99 $224,516.79
135 $224,516.79 $1,124.68 $0.00 $1,269.45 $226,910.92
136 $226,910.92 $1,124.68 $0.00 $1,282.99 $229,318.59
137 $229,318.59 $1,124.68 $0.00 $1,296.60 $231,739.87
138 $231,739.87 $1,124.68 $0.00 $1,310.29 $234,174.84
139 $234,174.84 $1,124.68 $0.00 $1,324.06 $236,623.58
140 $236,623.58 $1,124.68 $0.00 $1,337.90 $239,086.16
141 $239,086.16 $1,124.68 $0.00 $1,351.83 $241,562.67
142 $241,562.67 $1,124.68 $0.00 $1,365.83 $244,053.18
143 $244,053.18 $1,124.68 $0.00 $1,379.91 $246,557.77
144 $246,557.77 $1,124.68 $0.00 $1,394.07 $249,076.52
145 $249,076.52 $1,124.68 $0.00 $1,408.31 $251,609.51
146 $251,609.51 $1,124.68 $0.00 $1,422.64 $254,156.83
147 $254,156.83 $1,124.68 $0.00 $1,437.04 $256,718.55
148 $256,718.55 $1,124.68 $0.00 $1,451.52 $259,294.75
149 $259,294.75 $1,124.68 $0.00 $1,466.09 $261,885.52
150 $261,885.52 $1,124.68 $0.00 $1,480.74 $264,490.94
151 $264,490.94 $1,124.68 $0.00 $1,495.47 $267,111.09
152 $267,111.09 $1,124.68 $0.00 $1,510.28 $269,746.05
153 $269,746.05 $1,124.68 $0.00 $1,525.18 $272,395.91
154 $272,395.91 $1,124.68 $0.00 $1,540.17 $275,060.76
155 $275,060.76 $1,124.68 $0.00 $1,555.23 $277,740.67
156 $277,740.67 $1,124.68 $0.00 $1,570.39 $280,435.74
157 $280,435.74 $1,124.68 $0.00 $1,585.62 $283,146.04
158 $283,146.04 $1,124.68 $0.00 $1,600.95 $285,871.67
159 $285,871.67 $1,124.68 $0.00 $1,616.36 $288,612.71
160 $288,612.71 $1,124.68 $0.00 $1,631.86 $291,369.25
161 $291,369.25 $1,124.68 $0.00 $1,647.44 $294,141.37
162 $294,141.37 $1,124.68 $0.00 $1,663.12 $296,929.17
163 $296,929.17 $1,124.68 $0.00 $1,678.88 $299,732.73
164 $299,732.73 $1,124.68 $0.00 $1,694.73 $302,552.14
165 $302,552.14 $1,124.68 $0.00 $1,710.67 $305,387.49
166 $305,387.49 $1,124.68 $0.00 $1,726.71 $308,238.88
167 $308,238.88 $1,124.68 $0.00 $1,742.83 $311,106.39
168 $311,106.39 $1,124.68 $0.00 $1,759.04 $313,990.11
169 $313,990.11 $1,124.68 $0.00 $1,775.35 $316,890.14
170 $316,890.14 $1,124.68 $0.00 $1,791.74 $319,806.56
171 $319,806.56 $1,124.68 $0.00 $1,808.23 $322,739.47
172 $322,739.47 $1,124.68 $0.00 $1,824.82 $325,688.97
173 $325,688.97 $1,124.68 $0.00 $1,841.49 $328,655.14
174 $328,655.14 $1,124.68 $0.00 $1,858.26 $331,638.08
175 $331,638.08 $1,124.68 $0.00 $1,875.13 $334,637.89
176 $334,637.89 $1,124.68 $0.00 $1,892.09 $337,654.66
177 $337,654.66 $1,124.68 $0.00 $1,909.15 $340,688.49
178 $340,688.49 $1,124.68 $0.00 $1,926.30 $343,739.47
179 $343,739.47 $1,124.68 $0.00 $1,943.55 $346,807.70
180 $346,807.70 $1,124.68 $0.00 $1,960.90 $349,893.28
181 $349,893.28 $1,124.68 $0.00 $1,978.35 $352,996.31
182 $352,996.31 $1,124.68 $0.00 $1,995.89 $356,116.88
183 $356,116.88 $1,124.68 $0.00 $2,013.54 $359,255.10
184 $359,255.10 $1,124.68 $0.00 $2,031.28 $362,411.06
185 $362,411.06 $1,124.68 $0.00 $2,049.12 $365,584.86
186 $365,584.86 $1,124.68 $0.00 $2,067.07 $368,776.61
187 $368,776.61 $1,124.68 $0.00 $2,085.12 $371,986.41
188 $371,986.41 $1,124.68 $0.00 $2,103.27 $375,214.36
189 $375,214.36 $1,124.68 $0.00 $2,121.52 $378,460.56
190 $378,460.56 $1,124.68 $0.00 $2,139.87 $381,725.11
191 $381,725.11 $1,124.68 $0.00 $2,158.33 $385,008.12
192 $385,008.12 $1,124.68 $0.00 $2,176.89 $388,309.69
193 $388,309.69 $1,124.68 $0.00 $2,195.56 $391,629.93
194 $391,629.93 $1,124.68 $0.00 $2,214.33 $394,968.94
195 $394,968.94 $1,124.68 $0.00 $2,233.21 $398,326.83
196 $398,326.83 $1,124.68 $0.00 $2,252.20 $401,703.71
197 $401,703.71 $1,124.68 $0.00 $2,271.29 $405,099.68
198 $405,099.68 $1,124.68 $0.00 $2,290.49 $408,514.85
199 $408,514.85 $1,124.68 $0.00 $2,309.80 $411,949.33
200 $411,949.33 $1,124.68 $0.00 $2,329.22 $415,403.23
201 $415,403.23 $1,124.68 $0.00 $2,348.75 $418,876.66
202 $418,876.66 $1,124.68 $0.00 $2,368.39 $422,369.73
203 $422,369.73 $1,124.68 $0.00 $2,388.14 $425,882.55
204 $425,882.55 $1,124.68 $0.00 $2,408.00 $429,415.23
205 $429,415.23 $1,124.68 $0.00 $2,427.98 $432,967.89
206 $432,967.89 $1,124.68 $0.00 $2,448.06 $436,540.63
207 $436,540.63 $1,124.68 $0.00 $2,468.26 $440,133.57
208 $440,133.57 $1,124.68 $0.00 $2,488.58 $443,746.83
209 $443,746.83 $1,124.68 $0.00 $2,509.01 $447,380.52
210 $447,380.52 $1,124.68 $0.00 $2,529.55 $451,034.75
211 $451,034.75 $1,124.68 $0.00 $2,550.22 $454,709.65
212 $454,709.65 $1,124.68 $0.00 $2,570.99 $458,405.32
213 $458,405.32 $1,124.68 $0.00 $2,591.89 $462,121.89
214 $462,121.89 $1,124.68 $0.00 $2,612.90 $465,859.47
215 $465,859.47 $1,124.68 $0.00 $2,634.04 $469,618.19
216 $469,618.19 $1,124.68 $0.00 $2,655.29 $473,398.16
217 $473,398.16 $1,124.68 $128,204.21 $2,676.66 $348,995.29
218 $348,995.29 $1,124.68 $0.00 $1,973.27 $352,093.24
219 $352,093.24 $1,124.68 $0.00 $1,990.79 $355,208.71
220 $355,208.71 $1,124.68 $0.00 $2,008.40 $358,341.79
221 $358,341.79 $1,124.68 $0.00 $2,026.12 $361,492.59
222 $361,492.59 $1,124.68 $0.00 $2,043.93 $364,661.20
223 $364,661.20 $1,124.68 $0.00 $2,061.85 $367,847.73
224 $367,847.73 $1,124.68 $0.00 $2,079.86 $371,052.27
225 $371,052.27 $1,124.68 $0.00 $2,097.98 $374,274.93
226 $374,274.93 $1,124.68 $0.00 $2,116.20 $377,515.81
227 $377,515.81 $1,124.68 $0.00 $2,134.53 $380,775.02
228 $380,775.02 $1,124.68 $0.00 $2,152.96 $384,052.66
229 $384,052.66 $1,124.68 $137,178.51 $2,171.49 $250,170.32
230 $250,170.32 $1,124.68 $0.00 $1,414.50 $252,709.50
231 $252,709.50 $1,124.68 $0.00 $1,428.86 $255,263.04
232 $255,263.04 $1,124.68 $0.00 $1,443.29 $257,831.01
233 $257,831.01 $1,124.68 $0.00 $1,457.81 $260,413.50
234 $260,413.50 $1,124.68 $0.00 $1,472.42 $263,010.60
235 $263,010.60 $1,124.68 $0.00 $1,487.10 $265,622.38
236 $265,622.38 $1,124.68 $0.00 $1,501.87 $268,248.93
237 $268,248.93 $1,124.68 $0.00 $1,516.72 $270,890.33
238 $270,890.33 $1,124.68 $0.00 $1,531.65 $273,546.66
239 $273,546.66 $1,124.68 $0.00 $1,546.67 $276,218.01
240 $276,218.01 $1,124.68 $0.00 $1,561.78 $278,904.47
241 $278,904.47 $1,124.68 $146,781.00 $1,576.97 $134,825.12
242 $134,825.12 $1,124.68 $0.00 $762.32 $136,712.12
243 $136,712.12 $1,124.68 $0.00 $772.99 $138,609.79
244 $138,609.79 $1,124.68 $0.00 $783.72 $140,518.19
245 $140,518.19 $1,124.68 $0.00 $794.51 $142,437.38
246 $142,437.38 $1,124.68 $0.00 $805.36 $144,367.42
247 $144,367.42 $1,124.68 $0.00 $816.27 $146,308.37
248 $146,308.37 $1,124.68 $0.00 $827.25 $148,260.30
249 $148,260.30 $1,124.68 $0.00 $838.29 $150,223.27
250 $150,223.27 $1,124.68 $0.00 $849.38 $152,197.33
251 $152,197.33 $1,124.68 $0.00 $860.55 $154,182.56
252 $154,182.56 $1,124.68 $0.00 $871.77 $156,179.01
253 $156,179.01 $0.00 $157,055.67 $883.06 $6.40