Savings Plan and Future Cost Estimation for College of Our Lady of the Elms

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$222,778
Monthly savings required$1,761

How much will it cost to send your child to College of Our Lady of the Elms in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $891,113.25 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,760.67 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$59,381.00
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 College of Our Lady of the Elms in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,760.67 $0.00 $0.00 $1,760.67
2 $1,760.67 $1,760.67 $0.00 $9.96 $3,531.30
3 $3,531.30 $1,760.67 $0.00 $19.97 $5,311.94
4 $5,311.94 $1,760.67 $0.00 $30.03 $7,102.64
5 $7,102.64 $1,760.67 $0.00 $40.16 $8,903.47
6 $8,903.47 $1,760.67 $0.00 $50.34 $10,714.48
7 $10,714.48 $1,760.67 $0.00 $60.58 $12,535.73
8 $12,535.73 $1,760.67 $0.00 $70.88 $14,367.28
9 $14,367.28 $1,760.67 $0.00 $81.23 $16,209.18
10 $16,209.18 $1,760.67 $0.00 $91.65 $18,061.50
11 $18,061.50 $1,760.67 $0.00 $102.12 $19,924.29
12 $19,924.29 $1,760.67 $0.00 $112.65 $21,797.61
13 $21,797.61 $1,760.67 $0.00 $123.25 $23,681.53
14 $23,681.53 $1,760.67 $0.00 $133.90 $25,576.10
15 $25,576.10 $1,760.67 $0.00 $144.61 $27,481.38
16 $27,481.38 $1,760.67 $0.00 $155.38 $29,397.43
17 $29,397.43 $1,760.67 $0.00 $166.22 $31,324.32
18 $31,324.32 $1,760.67 $0.00 $177.11 $33,262.10
19 $33,262.10 $1,760.67 $0.00 $188.07 $35,210.84
20 $35,210.84 $1,760.67 $0.00 $199.09 $37,170.60
21 $37,170.60 $1,760.67 $0.00 $210.17 $39,141.44
22 $39,141.44 $1,760.67 $0.00 $221.31 $41,123.42
23 $41,123.42 $1,760.67 $0.00 $232.52 $43,116.61
24 $43,116.61 $1,760.67 $0.00 $243.79 $45,121.07
25 $45,121.07 $1,760.67 $0.00 $255.12 $47,136.86
26 $47,136.86 $1,760.67 $0.00 $266.52 $49,164.05
27 $49,164.05 $1,760.67 $0.00 $277.98 $51,202.70
28 $51,202.70 $1,760.67 $0.00 $289.51 $53,252.88
29 $53,252.88 $1,760.67 $0.00 $301.10 $55,314.65
30 $55,314.65 $1,760.67 $0.00 $312.76 $57,388.08
31 $57,388.08 $1,760.67 $0.00 $324.48 $59,473.23
32 $59,473.23 $1,760.67 $0.00 $336.27 $61,570.17
33 $61,570.17 $1,760.67 $0.00 $348.13 $63,678.97
34 $63,678.97 $1,760.67 $0.00 $360.05 $65,799.69
35 $65,799.69 $1,760.67 $0.00 $372.04 $67,932.40
36 $67,932.40 $1,760.67 $0.00 $384.10 $70,077.17
37 $70,077.17 $1,760.67 $0.00 $396.23 $72,234.07
38 $72,234.07 $1,760.67 $0.00 $408.42 $74,403.16
39 $74,403.16 $1,760.67 $0.00 $420.69 $76,584.52
40 $76,584.52 $1,760.67 $0.00 $433.02 $78,778.21
41 $78,778.21 $1,760.67 $0.00 $445.42 $80,984.30
42 $80,984.30 $1,760.67 $0.00 $457.90 $83,202.87
43 $83,202.87 $1,760.67 $0.00 $470.44 $85,433.98
44 $85,433.98 $1,760.67 $0.00 $483.06 $87,677.71
45 $87,677.71 $1,760.67 $0.00 $495.74 $89,934.12
46 $89,934.12 $1,760.67 $0.00 $508.50 $92,203.29
47 $92,203.29 $1,760.67 $0.00 $521.33 $94,485.29
48 $94,485.29 $1,760.67 $0.00 $534.23 $96,780.19
49 $96,780.19 $1,760.67 $0.00 $547.21 $99,088.07
50 $99,088.07 $1,760.67 $0.00 $560.26 $101,409.00
51 $101,409.00 $1,760.67 $0.00 $573.38 $103,743.05
52 $103,743.05 $1,760.67 $0.00 $586.58 $106,090.30
53 $106,090.30 $1,760.67 $0.00 $599.85 $108,450.82
54 $108,450.82 $1,760.67 $0.00 $613.20 $110,824.69
55 $110,824.69 $1,760.67 $0.00 $626.62 $113,211.98
56 $113,211.98 $1,760.67 $0.00 $640.12 $115,612.77
57 $115,612.77 $1,760.67 $0.00 $653.69 $118,027.13
58 $118,027.13 $1,760.67 $0.00 $667.34 $120,455.14
59 $120,455.14 $1,760.67 $0.00 $681.07 $122,896.88
60 $122,896.88 $1,760.67 $0.00 $694.88 $125,352.43
61 $125,352.43 $1,760.67 $0.00 $708.76 $127,821.86
62 $127,821.86 $1,760.67 $0.00 $722.72 $130,305.25
63 $130,305.25 $1,760.67 $0.00 $736.76 $132,802.68
64 $132,802.68 $1,760.67 $0.00 $750.89 $135,314.24
65 $135,314.24 $1,760.67 $0.00 $765.09 $137,840.00
66 $137,840.00 $1,760.67 $0.00 $779.37 $140,380.04
67 $140,380.04 $1,760.67 $0.00 $793.73 $142,934.44
68 $142,934.44 $1,760.67 $0.00 $808.17 $145,503.28
69 $145,503.28 $1,760.67 $0.00 $822.70 $148,086.65
70 $148,086.65 $1,760.67 $0.00 $837.30 $150,684.62
71 $150,684.62 $1,760.67 $0.00 $851.99 $153,297.28
72 $153,297.28 $1,760.67 $0.00 $866.77 $155,924.72
73 $155,924.72 $1,760.67 $0.00 $881.62 $158,567.01
74 $158,567.01 $1,760.67 $0.00 $896.56 $161,224.24
75 $161,224.24 $1,760.67 $0.00 $911.59 $163,896.50
76 $163,896.50 $1,760.67 $0.00 $926.69 $166,583.86
77 $166,583.86 $1,760.67 $0.00 $941.89 $169,286.42
78 $169,286.42 $1,760.67 $0.00 $957.17 $172,004.26
79 $172,004.26 $1,760.67 $0.00 $972.54 $174,737.47
80 $174,737.47 $1,760.67 $0.00 $987.99 $177,486.13
81 $177,486.13 $1,760.67 $0.00 $1,003.53 $180,250.33
82 $180,250.33 $1,760.67 $0.00 $1,019.16 $183,030.16
83 $183,030.16 $1,760.67 $0.00 $1,034.88 $185,825.71
84 $185,825.71 $1,760.67 $0.00 $1,050.69 $188,637.07
85 $188,637.07 $1,760.67 $0.00 $1,066.58 $191,464.32
86 $191,464.32 $1,760.67 $0.00 $1,082.57 $194,307.56
87 $194,307.56 $1,760.67 $0.00 $1,098.64 $197,166.87
88 $197,166.87 $1,760.67 $0.00 $1,114.81 $200,042.35
89 $200,042.35 $1,760.67 $0.00 $1,131.07 $202,934.09
90 $202,934.09 $1,760.67 $0.00 $1,147.42 $205,842.18
91 $205,842.18 $1,760.67 $0.00 $1,163.86 $208,766.71
92 $208,766.71 $1,760.67 $0.00 $1,180.40 $211,707.78
93 $211,707.78 $1,760.67 $0.00 $1,197.03 $214,665.48
94 $214,665.48 $1,760.67 $0.00 $1,213.75 $217,639.90
95 $217,639.90 $1,760.67 $0.00 $1,230.57 $220,631.14
96 $220,631.14 $1,760.67 $0.00 $1,247.48 $223,639.29
97 $223,639.29 $1,760.67 $0.00 $1,264.49 $226,664.45
98 $226,664.45 $1,760.67 $0.00 $1,281.59 $229,706.71
99 $229,706.71 $1,760.67 $0.00 $1,298.80 $232,766.18
100 $232,766.18 $1,760.67 $0.00 $1,316.09 $235,842.94
101 $235,842.94 $1,760.67 $0.00 $1,333.49 $238,937.10
102 $238,937.10 $1,760.67 $0.00 $1,350.99 $242,048.76
103 $242,048.76 $1,760.67 $0.00 $1,368.58 $245,178.01
104 $245,178.01 $1,760.67 $0.00 $1,386.27 $248,324.95
105 $248,324.95 $1,760.67 $0.00 $1,404.07 $251,489.69
106 $251,489.69 $1,760.67 $0.00 $1,421.96 $254,672.32
107 $254,672.32 $1,760.67 $0.00 $1,439.95 $257,872.94
108 $257,872.94 $1,760.67 $0.00 $1,458.05 $261,091.66
109 $261,091.66 $1,760.67 $0.00 $1,476.25 $264,328.58
110 $264,328.58 $1,760.67 $0.00 $1,494.55 $267,583.80
111 $267,583.80 $1,760.67 $0.00 $1,512.96 $270,857.43
112 $270,857.43 $1,760.67 $0.00 $1,531.47 $274,149.57
113 $274,149.57 $1,760.67 $0.00 $1,550.08 $277,460.32
114 $277,460.32 $1,760.67 $0.00 $1,568.80 $280,789.79
115 $280,789.79 $1,760.67 $0.00 $1,587.63 $284,138.09
116 $284,138.09 $1,760.67 $0.00 $1,606.56 $287,505.32
117 $287,505.32 $1,760.67 $0.00 $1,625.60 $290,891.59
118 $290,891.59 $1,760.67 $0.00 $1,644.74 $294,297.00
119 $294,297.00 $1,760.67 $0.00 $1,664.00 $297,721.67
120 $297,721.67 $1,760.67 $0.00 $1,683.36 $301,165.70
121 $301,165.70 $1,760.67 $0.00 $1,702.83 $304,629.20
122 $304,629.20 $1,760.67 $0.00 $1,722.42 $308,112.29
123 $308,112.29 $1,760.67 $0.00 $1,742.11 $311,615.07
124 $311,615.07 $1,760.67 $0.00 $1,761.92 $315,137.66
125 $315,137.66 $1,760.67 $0.00 $1,781.83 $318,680.16
126 $318,680.16 $1,760.67 $0.00 $1,801.86 $322,242.69
127 $322,242.69 $1,760.67 $0.00 $1,822.01 $325,825.37
128 $325,825.37 $1,760.67 $0.00 $1,842.26 $329,428.30
129 $329,428.30 $1,760.67 $0.00 $1,862.64 $333,051.61
130 $333,051.61 $1,760.67 $0.00 $1,883.12 $336,695.40
131 $336,695.40 $1,760.67 $0.00 $1,903.72 $340,359.79
132 $340,359.79 $1,760.67 $0.00 $1,924.44 $344,044.90
133 $344,044.90 $1,760.67 $0.00 $1,945.28 $347,750.85
134 $347,750.85 $1,760.67 $0.00 $1,966.23 $351,477.75
135 $351,477.75 $1,760.67 $0.00 $1,987.31 $355,225.73
136 $355,225.73 $1,760.67 $0.00 $2,008.50 $358,994.90
137 $358,994.90 $1,760.67 $0.00 $2,029.81 $362,785.38
138 $362,785.38 $1,760.67 $0.00 $2,051.24 $366,597.29
139 $366,597.29 $1,760.67 $0.00 $2,072.79 $370,430.75
140 $370,430.75 $1,760.67 $0.00 $2,094.47 $374,285.89
141 $374,285.89 $1,760.67 $0.00 $2,116.27 $378,162.83
142 $378,162.83 $1,760.67 $0.00 $2,138.19 $382,061.69
143 $382,061.69 $1,760.67 $0.00 $2,160.23 $385,982.59
144 $385,982.59 $1,760.67 $0.00 $2,182.40 $389,925.66
145 $389,925.66 $1,760.67 $0.00 $2,204.70 $393,891.03
146 $393,891.03 $1,760.67 $0.00 $2,227.12 $397,878.82
147 $397,878.82 $1,760.67 $0.00 $2,249.66 $401,889.15
148 $401,889.15 $1,760.67 $0.00 $2,272.34 $405,922.16
149 $405,922.16 $1,760.67 $0.00 $2,295.14 $409,977.97
150 $409,977.97 $1,760.67 $0.00 $2,318.08 $414,056.72
151 $414,056.72 $1,760.67 $0.00 $2,341.14 $418,158.53
152 $418,158.53 $1,760.67 $0.00 $2,364.33 $422,283.53
153 $422,283.53 $1,760.67 $0.00 $2,387.65 $426,431.85
154 $426,431.85 $1,760.67 $0.00 $2,411.11 $430,603.63
155 $430,603.63 $1,760.67 $0.00 $2,434.70 $434,799.00
156 $434,799.00 $1,760.67 $0.00 $2,458.42 $439,018.09
157 $439,018.09 $1,760.67 $0.00 $2,482.27 $443,261.03
158 $443,261.03 $1,760.67 $0.00 $2,506.26 $447,527.96
159 $447,527.96 $1,760.67 $0.00 $2,530.39 $451,819.02
160 $451,819.02 $1,760.67 $0.00 $2,554.65 $456,134.34
161 $456,134.34 $1,760.67 $0.00 $2,579.05 $460,474.06
162 $460,474.06 $1,760.67 $0.00 $2,603.59 $464,838.32
163 $464,838.32 $1,760.67 $0.00 $2,628.26 $469,227.25
164 $469,227.25 $1,760.67 $0.00 $2,653.08 $473,641.00
165 $473,641.00 $1,760.67 $0.00 $2,678.04 $478,079.71
166 $478,079.71 $1,760.67 $0.00 $2,703.13 $482,543.51
167 $482,543.51 $1,760.67 $0.00 $2,728.37 $487,032.55
168 $487,032.55 $1,760.67 $0.00 $2,753.75 $491,546.97
169 $491,546.97 $1,760.67 $0.00 $2,779.28 $496,086.92
170 $496,086.92 $1,760.67 $0.00 $2,804.95 $500,652.54
171 $500,652.54 $1,760.67 $0.00 $2,830.76 $505,243.97
172 $505,243.97 $1,760.67 $0.00 $2,856.72 $509,861.36
173 $509,861.36 $1,760.67 $0.00 $2,882.83 $514,504.86
174 $514,504.86 $1,760.67 $0.00 $2,909.09 $519,174.62
175 $519,174.62 $1,760.67 $0.00 $2,935.49 $523,870.78
176 $523,870.78 $1,760.67 $0.00 $2,962.04 $528,593.49
177 $528,593.49 $1,760.67 $0.00 $2,988.74 $533,342.90
178 $533,342.90 $1,760.67 $0.00 $3,015.60 $538,119.17
179 $538,119.17 $1,760.67 $0.00 $3,042.60 $542,922.44
180 $542,922.44 $1,760.67 $0.00 $3,069.76 $547,752.87
181 $547,752.87 $1,760.67 $0.00 $3,097.07 $552,610.61
182 $552,610.61 $1,760.67 $0.00 $3,124.54 $557,495.82
183 $557,495.82 $1,760.67 $0.00 $3,152.16 $562,408.65
184 $562,408.65 $1,760.67 $0.00 $3,179.94 $567,349.26
185 $567,349.26 $1,760.67 $0.00 $3,207.88 $572,317.81
186 $572,317.81 $1,760.67 $0.00 $3,235.97 $577,314.45
187 $577,314.45 $1,760.67 $0.00 $3,264.22 $582,339.34
188 $582,339.34 $1,760.67 $0.00 $3,292.63 $587,392.64
189 $587,392.64 $1,760.67 $0.00 $3,321.20 $592,474.51
190 $592,474.51 $1,760.67 $0.00 $3,349.94 $597,585.12
191 $597,585.12 $1,760.67 $0.00 $3,378.83 $602,724.62
192 $602,724.62 $1,760.67 $0.00 $3,407.89 $607,893.18
193 $607,893.18 $1,760.67 $0.00 $3,437.12 $613,090.97
194 $613,090.97 $1,760.67 $0.00 $3,466.51 $618,318.15
195 $618,318.15 $1,760.67 $0.00 $3,496.06 $623,574.88
196 $623,574.88 $1,760.67 $0.00 $3,525.78 $628,861.33
197 $628,861.33 $1,760.67 $0.00 $3,555.67 $634,177.67
198 $634,177.67 $1,760.67 $0.00 $3,585.73 $639,524.07
199 $639,524.07 $1,760.67 $0.00 $3,615.96 $644,900.70
200 $644,900.70 $1,760.67 $0.00 $3,646.36 $650,307.73
201 $650,307.73 $1,760.67 $0.00 $3,676.93 $655,745.33
202 $655,745.33 $1,760.67 $0.00 $3,707.68 $661,213.68
203 $661,213.68 $1,760.67 $0.00 $3,738.60 $666,712.95
204 $666,712.95 $1,760.67 $0.00 $3,769.69 $672,243.31
205 $672,243.31 $1,760.67 $0.00 $3,800.96 $677,804.94
206 $677,804.94 $1,760.67 $0.00 $3,832.41 $683,398.02
207 $683,398.02 $1,760.67 $0.00 $3,864.03 $689,022.72
208 $689,022.72 $1,760.67 $0.00 $3,895.83 $694,679.22
209 $694,679.22 $1,760.67 $0.00 $3,927.82 $700,367.71
210 $700,367.71 $1,760.67 $0.00 $3,959.98 $706,088.36
211 $706,088.36 $1,760.67 $0.00 $3,992.33 $711,841.36
212 $711,841.36 $1,760.67 $0.00 $4,024.85 $717,626.88
213 $717,626.88 $1,760.67 $0.00 $4,057.57 $723,445.12
214 $723,445.12 $1,760.67 $0.00 $4,090.46 $729,296.25
215 $729,296.25 $1,760.67 $0.00 $4,123.55 $735,180.47
216 $735,180.47 $1,760.67 $0.00 $4,156.82 $741,097.96
217 $741,097.96 $1,760.67 $200,703.76 $4,190.28 $546,345.15
218 $546,345.15 $1,760.67 $0.00 $3,089.11 $551,194.93
219 $551,194.93 $1,760.67 $0.00 $3,116.54 $556,072.14
220 $556,072.14 $1,760.67 $0.00 $3,144.11 $560,976.92
221 $560,976.92 $1,760.67 $0.00 $3,171.85 $565,909.44
222 $565,909.44 $1,760.67 $0.00 $3,199.73 $570,869.84
223 $570,869.84 $1,760.67 $0.00 $3,227.78 $575,858.29
224 $575,858.29 $1,760.67 $0.00 $3,255.99 $580,874.95
225 $580,874.95 $1,760.67 $0.00 $3,284.35 $585,919.97
226 $585,919.97 $1,760.67 $0.00 $3,312.88 $590,993.52
227 $590,993.52 $1,760.67 $0.00 $3,341.56 $596,095.75
228 $596,095.75 $1,760.67 $0.00 $3,370.41 $601,226.83
229 $601,226.83 $1,760.67 $214,753.02 $3,399.42 $391,633.90
230 $391,633.90 $1,760.67 $0.00 $2,214.36 $395,608.93
231 $395,608.93 $1,760.67 $0.00 $2,236.83 $399,606.43
232 $399,606.43 $1,760.67 $0.00 $2,259.43 $403,626.53
233 $403,626.53 $1,760.67 $0.00 $2,282.16 $407,669.36
234 $407,669.36 $1,760.67 $0.00 $2,305.02 $411,735.05
235 $411,735.05 $1,760.67 $0.00 $2,328.01 $415,823.73
236 $415,823.73 $1,760.67 $0.00 $2,351.13 $419,935.53
237 $419,935.53 $1,760.67 $0.00 $2,374.38 $424,070.58
238 $424,070.58 $1,760.67 $0.00 $2,397.76 $428,229.01
239 $428,229.01 $1,760.67 $0.00 $2,421.27 $432,410.95
240 $432,410.95 $1,760.67 $0.00 $2,444.91 $436,616.53
241 $436,616.53 $1,760.67 $229,785.73 $2,468.69 $211,060.16
242 $211,060.16 $1,760.67 $0.00 $1,193.36 $214,014.19
243 $214,014.19 $1,760.67 $0.00 $1,210.07 $216,984.93
244 $216,984.93 $1,760.67 $0.00 $1,226.86 $219,972.46
245 $219,972.46 $1,760.67 $0.00 $1,243.76 $222,976.89
246 $222,976.89 $1,760.67 $0.00 $1,260.74 $225,998.30
247 $225,998.30 $1,760.67 $0.00 $1,277.83 $229,036.80
248 $229,036.80 $1,760.67 $0.00 $1,295.01 $232,092.48
249 $232,092.48 $1,760.67 $0.00 $1,312.28 $235,165.43
250 $235,165.43 $1,760.67 $0.00 $1,329.66 $238,255.76
251 $238,255.76 $1,760.67 $0.00 $1,347.13 $241,363.56
252 $241,363.56 $1,760.67 $0.00 $1,364.70 $244,488.93
253 $244,488.93 $0.00 $245,870.73 $1,382.38 $0.58