Savings Plan and Future Cost Estimation for Saint Mary's College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$248,399
Monthly savings required$1,963

How much will it cost to send your child to Saint Mary's College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $993,594.05 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,963.16 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$66,210.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Discover how much will you need to start saving now to afford Saint Mary's College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,963.16 $0.00 $0.00 $1,963.16
2 $1,963.16 $1,963.16 $0.00 $11.10 $3,937.42
3 $3,937.42 $1,963.16 $0.00 $22.26 $5,922.84
4 $5,922.84 $1,963.16 $0.00 $33.49 $7,919.49
5 $7,919.49 $1,963.16 $0.00 $44.78 $9,927.43
6 $9,927.43 $1,963.16 $0.00 $56.13 $11,946.72
7 $11,946.72 $1,963.16 $0.00 $67.55 $13,977.43
8 $13,977.43 $1,963.16 $0.00 $79.03 $16,019.62
9 $16,019.62 $1,963.16 $0.00 $90.58 $18,073.36
10 $18,073.36 $1,963.16 $0.00 $102.19 $20,138.71
11 $20,138.71 $1,963.16 $0.00 $113.87 $22,215.74
12 $22,215.74 $1,963.16 $0.00 $125.61 $24,304.51
13 $24,304.51 $1,963.16 $0.00 $137.42 $26,405.09
14 $26,405.09 $1,963.16 $0.00 $149.30 $28,517.55
15 $28,517.55 $1,963.16 $0.00 $161.24 $30,641.95
16 $30,641.95 $1,963.16 $0.00 $173.25 $32,778.36
17 $32,778.36 $1,963.16 $0.00 $185.33 $34,926.85
18 $34,926.85 $1,963.16 $0.00 $197.48 $37,087.49
19 $37,087.49 $1,963.16 $0.00 $209.70 $39,260.35
20 $39,260.35 $1,963.16 $0.00 $221.98 $41,445.49
21 $41,445.49 $1,963.16 $0.00 $234.34 $43,642.99
22 $43,642.99 $1,963.16 $0.00 $246.76 $45,852.91
23 $45,852.91 $1,963.16 $0.00 $259.26 $48,075.33
24 $48,075.33 $1,963.16 $0.00 $271.82 $50,310.31
25 $50,310.31 $1,963.16 $0.00 $284.46 $52,557.93
26 $52,557.93 $1,963.16 $0.00 $297.17 $54,818.26
27 $54,818.26 $1,963.16 $0.00 $309.95 $57,091.37
28 $57,091.37 $1,963.16 $0.00 $322.80 $59,377.33
29 $59,377.33 $1,963.16 $0.00 $335.73 $61,676.22
30 $61,676.22 $1,963.16 $0.00 $348.73 $63,988.11
31 $63,988.11 $1,963.16 $0.00 $361.80 $66,313.07
32 $66,313.07 $1,963.16 $0.00 $374.94 $68,651.17
33 $68,651.17 $1,963.16 $0.00 $388.16 $71,002.49
34 $71,002.49 $1,963.16 $0.00 $401.46 $73,367.11
35 $73,367.11 $1,963.16 $0.00 $414.83 $75,745.10
36 $75,745.10 $1,963.16 $0.00 $428.27 $78,136.53
37 $78,136.53 $1,963.16 $0.00 $441.80 $80,541.49
38 $80,541.49 $1,963.16 $0.00 $455.39 $82,960.04
39 $82,960.04 $1,963.16 $0.00 $469.07 $85,392.27
40 $85,392.27 $1,963.16 $0.00 $482.82 $87,838.25
41 $87,838.25 $1,963.16 $0.00 $496.65 $90,298.06
42 $90,298.06 $1,963.16 $0.00 $510.56 $92,771.78
43 $92,771.78 $1,963.16 $0.00 $524.55 $95,259.49
44 $95,259.49 $1,963.16 $0.00 $538.61 $97,761.26
45 $97,761.26 $1,963.16 $0.00 $552.76 $100,277.18
46 $100,277.18 $1,963.16 $0.00 $566.98 $102,807.32
47 $102,807.32 $1,963.16 $0.00 $581.29 $105,351.77
48 $105,351.77 $1,963.16 $0.00 $595.67 $107,910.60
49 $107,910.60 $1,963.16 $0.00 $610.14 $110,483.90
50 $110,483.90 $1,963.16 $0.00 $624.69 $113,071.75
51 $113,071.75 $1,963.16 $0.00 $639.32 $115,674.23
52 $115,674.23 $1,963.16 $0.00 $654.04 $118,291.43
53 $118,291.43 $1,963.16 $0.00 $668.84 $120,923.43
54 $120,923.43 $1,963.16 $0.00 $683.72 $123,570.31
55 $123,570.31 $1,963.16 $0.00 $698.68 $126,232.15
56 $126,232.15 $1,963.16 $0.00 $713.73 $128,909.04
57 $128,909.04 $1,963.16 $0.00 $728.87 $131,601.07
58 $131,601.07 $1,963.16 $0.00 $744.09 $134,308.32
59 $134,308.32 $1,963.16 $0.00 $759.40 $137,030.88
60 $137,030.88 $1,963.16 $0.00 $774.79 $139,768.83
61 $139,768.83 $1,963.16 $0.00 $790.27 $142,522.26
62 $142,522.26 $1,963.16 $0.00 $805.84 $145,291.26
63 $145,291.26 $1,963.16 $0.00 $821.50 $148,075.92
64 $148,075.92 $1,963.16 $0.00 $837.24 $150,876.32
65 $150,876.32 $1,963.16 $0.00 $853.08 $153,692.56
66 $153,692.56 $1,963.16 $0.00 $869.00 $156,524.72
67 $156,524.72 $1,963.16 $0.00 $885.01 $159,372.89
68 $159,372.89 $1,963.16 $0.00 $901.12 $162,237.17
69 $162,237.17 $1,963.16 $0.00 $917.31 $165,117.64
70 $165,117.64 $1,963.16 $0.00 $933.60 $168,014.40
71 $168,014.40 $1,963.16 $0.00 $949.98 $170,927.54
72 $170,927.54 $1,963.16 $0.00 $966.45 $173,857.15
73 $173,857.15 $1,963.16 $0.00 $983.01 $176,803.32
74 $176,803.32 $1,963.16 $0.00 $999.67 $179,766.15
75 $179,766.15 $1,963.16 $0.00 $1,016.42 $182,745.73
76 $182,745.73 $1,963.16 $0.00 $1,033.27 $185,742.16
77 $185,742.16 $1,963.16 $0.00 $1,050.21 $188,755.53
78 $188,755.53 $1,963.16 $0.00 $1,067.25 $191,785.94
79 $191,785.94 $1,963.16 $0.00 $1,084.39 $194,833.49
80 $194,833.49 $1,963.16 $0.00 $1,101.62 $197,898.27
81 $197,898.27 $1,963.16 $0.00 $1,118.95 $200,980.38
82 $200,980.38 $1,963.16 $0.00 $1,136.37 $204,079.91
83 $204,079.91 $1,963.16 $0.00 $1,153.90 $207,196.97
84 $207,196.97 $1,963.16 $0.00 $1,171.52 $210,331.65
85 $210,331.65 $1,963.16 $0.00 $1,189.25 $213,484.06
86 $213,484.06 $1,963.16 $0.00 $1,207.07 $216,654.29
87 $216,654.29 $1,963.16 $0.00 $1,224.99 $219,842.44
88 $219,842.44 $1,963.16 $0.00 $1,243.02 $223,048.62
89 $223,048.62 $1,963.16 $0.00 $1,261.15 $226,272.93
90 $226,272.93 $1,963.16 $0.00 $1,279.38 $229,515.47
91 $229,515.47 $1,963.16 $0.00 $1,297.71 $232,776.34
92 $232,776.34 $1,963.16 $0.00 $1,316.15 $236,055.65
93 $236,055.65 $1,963.16 $0.00 $1,334.69 $239,353.50
94 $239,353.50 $1,963.16 $0.00 $1,353.34 $242,670.00
95 $242,670.00 $1,963.16 $0.00 $1,372.09 $246,005.25
96 $246,005.25 $1,963.16 $0.00 $1,390.95 $249,359.36
97 $249,359.36 $1,963.16 $0.00 $1,409.91 $252,732.43
98 $252,732.43 $1,963.16 $0.00 $1,428.99 $256,124.58
99 $256,124.58 $1,963.16 $0.00 $1,448.17 $259,535.91
100 $259,535.91 $1,963.16 $0.00 $1,467.45 $262,966.52
101 $262,966.52 $1,963.16 $0.00 $1,486.85 $266,416.53
102 $266,416.53 $1,963.16 $0.00 $1,506.36 $269,886.05
103 $269,886.05 $1,963.16 $0.00 $1,525.97 $273,375.18
104 $273,375.18 $1,963.16 $0.00 $1,545.70 $276,884.04
105 $276,884.04 $1,963.16 $0.00 $1,565.54 $280,412.74
106 $280,412.74 $1,963.16 $0.00 $1,585.49 $283,961.39
107 $283,961.39 $1,963.16 $0.00 $1,605.56 $287,530.11
108 $287,530.11 $1,963.16 $0.00 $1,625.74 $291,119.01
109 $291,119.01 $1,963.16 $0.00 $1,646.03 $294,728.20
110 $294,728.20 $1,963.16 $0.00 $1,666.44 $298,357.80
111 $298,357.80 $1,963.16 $0.00 $1,686.96 $302,007.92
112 $302,007.92 $1,963.16 $0.00 $1,707.60 $305,678.68
113 $305,678.68 $1,963.16 $0.00 $1,728.35 $309,370.19
114 $309,370.19 $1,963.16 $0.00 $1,749.22 $313,082.57
115 $313,082.57 $1,963.16 $0.00 $1,770.21 $316,815.94
116 $316,815.94 $1,963.16 $0.00 $1,791.32 $320,570.42
117 $320,570.42 $1,963.16 $0.00 $1,812.55 $324,346.13
118 $324,346.13 $1,963.16 $0.00 $1,833.90 $328,143.19
119 $328,143.19 $1,963.16 $0.00 $1,855.37 $331,961.72
120 $331,961.72 $1,963.16 $0.00 $1,876.96 $335,801.84
121 $335,801.84 $1,963.16 $0.00 $1,898.67 $339,663.67
122 $339,663.67 $1,963.16 $0.00 $1,920.51 $343,547.34
123 $343,547.34 $1,963.16 $0.00 $1,942.47 $347,452.97
124 $347,452.97 $1,963.16 $0.00 $1,964.55 $351,380.68
125 $351,380.68 $1,963.16 $0.00 $1,986.76 $355,330.60
126 $355,330.60 $1,963.16 $0.00 $2,009.09 $359,302.85
127 $359,302.85 $1,963.16 $0.00 $2,031.55 $363,297.56
128 $363,297.56 $1,963.16 $0.00 $2,054.14 $367,314.86
129 $367,314.86 $1,963.16 $0.00 $2,076.85 $371,354.87
130 $371,354.87 $1,963.16 $0.00 $2,099.69 $375,417.72
131 $375,417.72 $1,963.16 $0.00 $2,122.67 $379,503.55
132 $379,503.55 $1,963.16 $0.00 $2,145.77 $383,612.48
133 $383,612.48 $1,963.16 $0.00 $2,169.00 $387,744.64
134 $387,744.64 $1,963.16 $0.00 $2,192.36 $391,900.16
135 $391,900.16 $1,963.16 $0.00 $2,215.86 $396,079.18
136 $396,079.18 $1,963.16 $0.00 $2,239.49 $400,281.83
137 $400,281.83 $1,963.16 $0.00 $2,263.25 $404,508.24
138 $404,508.24 $1,963.16 $0.00 $2,287.15 $408,758.55
139 $408,758.55 $1,963.16 $0.00 $2,311.18 $413,032.89
140 $413,032.89 $1,963.16 $0.00 $2,335.35 $417,331.40
141 $417,331.40 $1,963.16 $0.00 $2,359.65 $421,654.21
142 $421,654.21 $1,963.16 $0.00 $2,384.09 $426,001.46
143 $426,001.46 $1,963.16 $0.00 $2,408.67 $430,373.29
144 $430,373.29 $1,963.16 $0.00 $2,433.39 $434,769.84
145 $434,769.84 $1,963.16 $0.00 $2,458.25 $439,191.25
146 $439,191.25 $1,963.16 $0.00 $2,483.25 $443,637.66
147 $443,637.66 $1,963.16 $0.00 $2,508.39 $448,109.21
148 $448,109.21 $1,963.16 $0.00 $2,533.67 $452,606.04
149 $452,606.04 $1,963.16 $0.00 $2,559.10 $457,128.30
150 $457,128.30 $1,963.16 $0.00 $2,584.67 $461,676.13
151 $461,676.13 $1,963.16 $0.00 $2,610.38 $466,249.67
152 $466,249.67 $1,963.16 $0.00 $2,636.24 $470,849.07
153 $470,849.07 $1,963.16 $0.00 $2,662.25 $475,474.48
154 $475,474.48 $1,963.16 $0.00 $2,688.40 $480,126.04
155 $480,126.04 $1,963.16 $0.00 $2,714.70 $484,803.90
156 $484,803.90 $1,963.16 $0.00 $2,741.15 $489,508.21
157 $489,508.21 $1,963.16 $0.00 $2,767.75 $494,239.12
158 $494,239.12 $1,963.16 $0.00 $2,794.50 $498,996.78
159 $498,996.78 $1,963.16 $0.00 $2,821.40 $503,781.34
160 $503,781.34 $1,963.16 $0.00 $2,848.45 $508,592.95
161 $508,592.95 $1,963.16 $0.00 $2,875.66 $513,431.77
162 $513,431.77 $1,963.16 $0.00 $2,903.02 $518,297.95
163 $518,297.95 $1,963.16 $0.00 $2,930.53 $523,191.64
164 $523,191.64 $1,963.16 $0.00 $2,958.20 $528,113.00
165 $528,113.00 $1,963.16 $0.00 $2,986.03 $533,062.19
166 $533,062.19 $1,963.16 $0.00 $3,014.01 $538,039.36
167 $538,039.36 $1,963.16 $0.00 $3,042.15 $543,044.67
168 $543,044.67 $1,963.16 $0.00 $3,070.45 $548,078.28
169 $548,078.28 $1,963.16 $0.00 $3,098.91 $553,140.35
170 $553,140.35 $1,963.16 $0.00 $3,127.54 $558,231.05
171 $558,231.05 $1,963.16 $0.00 $3,156.32 $563,350.53
172 $563,350.53 $1,963.16 $0.00 $3,185.27 $568,498.96
173 $568,498.96 $1,963.16 $0.00 $3,214.38 $573,676.50
174 $573,676.50 $1,963.16 $0.00 $3,243.65 $578,883.31
175 $578,883.31 $1,963.16 $0.00 $3,273.09 $584,119.56
176 $584,119.56 $1,963.16 $0.00 $3,302.70 $589,385.42
177 $589,385.42 $1,963.16 $0.00 $3,332.47 $594,681.05
178 $594,681.05 $1,963.16 $0.00 $3,362.41 $600,006.62
179 $600,006.62 $1,963.16 $0.00 $3,392.52 $605,362.30
180 $605,362.30 $1,963.16 $0.00 $3,422.81 $610,748.27
181 $610,748.27 $1,963.16 $0.00 $3,453.26 $616,164.69
182 $616,164.69 $1,963.16 $0.00 $3,483.88 $621,611.73
183 $621,611.73 $1,963.16 $0.00 $3,514.68 $627,089.57
184 $627,089.57 $1,963.16 $0.00 $3,545.66 $632,598.39
185 $632,598.39 $1,963.16 $0.00 $3,576.80 $638,138.35
186 $638,138.35 $1,963.16 $0.00 $3,608.13 $643,709.64
187 $643,709.64 $1,963.16 $0.00 $3,639.63 $649,312.43
188 $649,312.43 $1,963.16 $0.00 $3,671.31 $654,946.90
189 $654,946.90 $1,963.16 $0.00 $3,703.16 $660,613.22
190 $660,613.22 $1,963.16 $0.00 $3,735.20 $666,311.58
191 $666,311.58 $1,963.16 $0.00 $3,767.42 $672,042.16
192 $672,042.16 $1,963.16 $0.00 $3,799.82 $677,805.14
193 $677,805.14 $1,963.16 $0.00 $3,832.41 $683,600.71
194 $683,600.71 $1,963.16 $0.00 $3,865.18 $689,429.05
195 $689,429.05 $1,963.16 $0.00 $3,898.13 $695,290.34
196 $695,290.34 $1,963.16 $0.00 $3,931.27 $701,184.77
197 $701,184.77 $1,963.16 $0.00 $3,964.60 $707,112.53
198 $707,112.53 $1,963.16 $0.00 $3,998.12 $713,073.81
199 $713,073.81 $1,963.16 $0.00 $4,031.82 $719,068.79
200 $719,068.79 $1,963.16 $0.00 $4,065.72 $725,097.67
201 $725,097.67 $1,963.16 $0.00 $4,099.81 $731,160.64
202 $731,160.64 $1,963.16 $0.00 $4,134.09 $737,257.89
203 $737,257.89 $1,963.16 $0.00 $4,168.56 $743,389.61
204 $743,389.61 $1,963.16 $0.00 $4,203.23 $749,556.00
205 $749,556.00 $1,963.16 $0.00 $4,238.10 $755,757.26
206 $755,757.26 $1,963.16 $0.00 $4,273.16 $761,993.58
207 $761,993.58 $1,963.16 $0.00 $4,308.42 $768,265.16
208 $768,265.16 $1,963.16 $0.00 $4,343.88 $774,572.20
209 $774,572.20 $1,963.16 $0.00 $4,379.54 $780,914.90
210 $780,914.90 $1,963.16 $0.00 $4,415.41 $787,293.47
211 $787,293.47 $1,963.16 $0.00 $4,451.47 $793,708.10
212 $793,708.10 $1,963.16 $0.00 $4,487.74 $800,159.00
213 $800,159.00 $1,963.16 $0.00 $4,524.22 $806,646.38
214 $806,646.38 $1,963.16 $0.00 $4,560.90 $813,170.44
215 $813,170.44 $1,963.16 $0.00 $4,597.78 $819,731.38
216 $819,731.38 $1,963.16 $0.00 $4,634.88 $826,329.42
217 $826,329.42 $1,963.16 $223,785.32 $4,672.19 $609,179.45
218 $609,179.45 $1,963.16 $0.00 $3,444.39 $614,587.00
219 $614,587.00 $1,963.16 $0.00 $3,474.96 $620,025.12
220 $620,025.12 $1,963.16 $0.00 $3,505.71 $625,493.99
221 $625,493.99 $1,963.16 $0.00 $3,536.63 $630,993.78
222 $630,993.78 $1,963.16 $0.00 $3,567.73 $636,524.67
223 $636,524.67 $1,963.16 $0.00 $3,599.00 $642,086.83
224 $642,086.83 $1,963.16 $0.00 $3,630.45 $647,680.44
225 $647,680.44 $1,963.16 $0.00 $3,662.08 $653,305.68
226 $653,305.68 $1,963.16 $0.00 $3,693.89 $658,962.73
227 $658,962.73 $1,963.16 $0.00 $3,725.87 $664,651.76
228 $664,651.76 $1,963.16 $0.00 $3,758.04 $670,372.96
229 $670,372.96 $1,963.16 $239,450.29 $3,790.39 $436,676.22
230 $436,676.22 $1,963.16 $0.00 $2,469.03 $441,108.41
231 $441,108.41 $1,963.16 $0.00 $2,494.09 $445,565.66
232 $445,565.66 $1,963.16 $0.00 $2,519.29 $450,048.11
233 $450,048.11 $1,963.16 $0.00 $2,544.64 $454,555.91
234 $454,555.91 $1,963.16 $0.00 $2,570.13 $459,089.20
235 $459,089.20 $1,963.16 $0.00 $2,595.76 $463,648.12
236 $463,648.12 $1,963.16 $0.00 $2,621.53 $468,232.81
237 $468,232.81 $1,963.16 $0.00 $2,647.46 $472,843.43
238 $472,843.43 $1,963.16 $0.00 $2,673.53 $477,480.12
239 $477,480.12 $1,963.16 $0.00 $2,699.74 $482,143.02
240 $482,143.02 $1,963.16 $0.00 $2,726.11 $486,832.29
241 $486,832.29 $1,963.16 $256,211.81 $2,752.62 $235,336.26
242 $235,336.26 $1,963.16 $0.00 $1,330.63 $238,630.05
243 $238,630.05 $1,963.16 $0.00 $1,349.25 $241,942.46
244 $241,942.46 $1,963.16 $0.00 $1,367.98 $245,273.60
245 $245,273.60 $1,963.16 $0.00 $1,386.81 $248,623.57
246 $248,623.57 $1,963.16 $0.00 $1,405.75 $251,992.48
247 $251,992.48 $1,963.16 $0.00 $1,424.80 $255,380.44
248 $255,380.44 $1,963.16 $0.00 $1,443.96 $258,787.56
249 $258,787.56 $1,963.16 $0.00 $1,463.22 $262,213.94
250 $262,213.94 $1,963.16 $0.00 $1,482.60 $265,659.70
251 $265,659.70 $1,963.16 $0.00 $1,502.08 $269,124.94
252 $269,124.94 $1,963.16 $0.00 $1,521.67 $272,609.77
253 $272,609.77 $0.00 $274,146.63 $1,541.38 $4.52