Quantcast

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2037$64,369
Monthly savings required$510

How much will it cost to send your child to University of Mississippi in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $257,474.38 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $509.52 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$24,822.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford University of Mississippi in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $509.52 $0.00 $0.00 $509.52
2 $509.52 $509.52 $0.00 $2.88 $1,021.92
3 $1,021.92 $509.52 $0.00 $5.78 $1,537.22
4 $1,537.22 $509.52 $0.00 $8.69 $2,055.43
5 $2,055.43 $509.52 $0.00 $11.62 $2,576.57
6 $2,576.57 $509.52 $0.00 $14.57 $3,100.66
7 $3,100.66 $509.52 $0.00 $17.53 $3,627.71
8 $3,627.71 $509.52 $0.00 $20.51 $4,157.74
9 $4,157.74 $509.52 $0.00 $23.51 $4,690.77
10 $4,690.77 $509.52 $0.00 $26.52 $5,226.81
11 $5,226.81 $509.52 $0.00 $29.55 $5,765.88
12 $5,765.88 $509.52 $0.00 $32.60 $6,308.00
13 $6,308.00 $509.52 $0.00 $35.67 $6,853.19
14 $6,853.19 $509.52 $0.00 $38.75 $7,401.46
15 $7,401.46 $509.52 $0.00 $41.85 $7,952.83
16 $7,952.83 $509.52 $0.00 $44.97 $8,507.32
17 $8,507.32 $509.52 $0.00 $48.10 $9,064.94
18 $9,064.94 $509.52 $0.00 $51.25 $9,625.71
19 $9,625.71 $509.52 $0.00 $54.43 $10,189.66
20 $10,189.66 $509.52 $0.00 $57.61 $10,756.79
21 $10,756.79 $509.52 $0.00 $60.82 $11,327.13
22 $11,327.13 $509.52 $0.00 $64.05 $11,900.70
23 $11,900.70 $509.52 $0.00 $67.29 $12,477.51
24 $12,477.51 $509.52 $0.00 $70.55 $13,057.58
25 $13,057.58 $509.52 $0.00 $73.83 $13,640.93
26 $13,640.93 $509.52 $0.00 $77.13 $14,227.58
27 $14,227.58 $509.52 $0.00 $80.44 $14,817.54
28 $14,817.54 $509.52 $0.00 $83.78 $15,410.84
29 $15,410.84 $509.52 $0.00 $87.14 $16,007.50
30 $16,007.50 $509.52 $0.00 $90.51 $16,607.53
31 $16,607.53 $509.52 $0.00 $93.90 $17,210.95
32 $17,210.95 $509.52 $0.00 $97.31 $17,817.78
33 $17,817.78 $509.52 $0.00 $100.74 $18,428.04
34 $18,428.04 $509.52 $0.00 $104.19 $19,041.75
35 $19,041.75 $509.52 $0.00 $107.66 $19,658.93
36 $19,658.93 $509.52 $0.00 $111.15 $20,279.60
37 $20,279.60 $509.52 $0.00 $114.66 $20,903.78
38 $20,903.78 $509.52 $0.00 $118.19 $21,531.49
39 $21,531.49 $509.52 $0.00 $121.74 $22,162.75
40 $22,162.75 $509.52 $0.00 $125.31 $22,797.58
41 $22,797.58 $509.52 $0.00 $128.90 $23,436.00
42 $23,436.00 $509.52 $0.00 $132.51 $24,078.03
43 $24,078.03 $509.52 $0.00 $136.14 $24,723.69
44 $24,723.69 $509.52 $0.00 $139.79 $25,373.00
45 $25,373.00 $509.52 $0.00 $143.46 $26,025.98
46 $26,025.98 $509.52 $0.00 $147.15 $26,682.65
47 $26,682.65 $509.52 $0.00 $150.87 $27,343.04
48 $27,343.04 $509.52 $0.00 $154.60 $28,007.16
49 $28,007.16 $509.52 $0.00 $158.36 $28,675.04
50 $28,675.04 $509.52 $0.00 $162.13 $29,346.69
51 $29,346.69 $509.52 $0.00 $165.93 $30,022.14
52 $30,022.14 $509.52 $0.00 $169.75 $30,701.41
53 $30,701.41 $509.52 $0.00 $173.59 $31,384.52
54 $31,384.52 $509.52 $0.00 $177.45 $32,071.49
55 $32,071.49 $509.52 $0.00 $181.34 $32,762.35
56 $32,762.35 $509.52 $0.00 $185.24 $33,457.11
57 $33,457.11 $509.52 $0.00 $189.17 $34,155.80
58 $34,155.80 $509.52 $0.00 $193.12 $34,858.44
59 $34,858.44 $509.52 $0.00 $197.09 $35,565.05
60 $35,565.05 $509.52 $0.00 $201.09 $36,275.66
61 $36,275.66 $509.52 $0.00 $205.11 $36,990.29
62 $36,990.29 $509.52 $0.00 $209.15 $37,708.96
63 $37,708.96 $509.52 $0.00 $213.21 $38,431.69
64 $38,431.69 $509.52 $0.00 $217.30 $39,158.51
65 $39,158.51 $509.52 $0.00 $221.41 $39,889.44
66 $39,889.44 $509.52 $0.00 $225.54 $40,624.50
67 $40,624.50 $509.52 $0.00 $229.70 $41,363.72
68 $41,363.72 $509.52 $0.00 $233.88 $42,107.12
69 $42,107.12 $509.52 $0.00 $238.08 $42,854.72
70 $42,854.72 $509.52 $0.00 $242.31 $43,606.55
71 $43,606.55 $509.52 $0.00 $246.56 $44,362.63
72 $44,362.63 $509.52 $0.00 $250.83 $45,122.98
73 $45,122.98 $509.52 $0.00 $255.13 $45,887.63
74 $45,887.63 $509.52 $0.00 $259.46 $46,656.61
75 $46,656.61 $509.52 $0.00 $263.80 $47,429.93
76 $47,429.93 $509.52 $0.00 $268.18 $48,207.63
77 $48,207.63 $509.52 $0.00 $272.57 $48,989.72
78 $48,989.72 $509.52 $0.00 $276.99 $49,776.23
79 $49,776.23 $509.52 $0.00 $281.44 $50,567.19
80 $50,567.19 $509.52 $0.00 $285.91 $51,362.62
81 $51,362.62 $509.52 $0.00 $290.41 $52,162.55
82 $52,162.55 $509.52 $0.00 $294.93 $52,967.00
83 $52,967.00 $509.52 $0.00 $299.48 $53,776.00
84 $53,776.00 $509.52 $0.00 $304.06 $54,589.58
85 $54,589.58 $509.52 $0.00 $308.66 $55,407.76
86 $55,407.76 $509.52 $0.00 $313.28 $56,230.56
87 $56,230.56 $509.52 $0.00 $317.94 $57,058.02
88 $57,058.02 $509.52 $0.00 $322.61 $57,890.15
89 $57,890.15 $509.52 $0.00 $327.32 $58,726.99
90 $58,726.99 $509.52 $0.00 $332.05 $59,568.56
91 $59,568.56 $509.52 $0.00 $336.81 $60,414.89
92 $60,414.89 $509.52 $0.00 $341.59 $61,266.00
93 $61,266.00 $509.52 $0.00 $346.41 $62,121.93
94 $62,121.93 $509.52 $0.00 $351.25 $62,982.70
95 $62,982.70 $509.52 $0.00 $356.11 $63,848.33
96 $63,848.33 $509.52 $0.00 $361.01 $64,718.86
97 $64,718.86 $509.52 $0.00 $365.93 $65,594.31
98 $65,594.31 $509.52 $0.00 $370.88 $66,474.71
99 $66,474.71 $509.52 $0.00 $375.86 $67,360.09
100 $67,360.09 $509.52 $0.00 $380.86 $68,250.47
101 $68,250.47 $509.52 $0.00 $385.90 $69,145.89
102 $69,145.89 $509.52 $0.00 $390.96 $70,046.37
103 $70,046.37 $509.52 $0.00 $396.05 $70,951.94
104 $70,951.94 $509.52 $0.00 $401.17 $71,862.63
105 $71,862.63 $509.52 $0.00 $406.32 $72,778.47
106 $72,778.47 $509.52 $0.00 $411.50 $73,699.49
107 $73,699.49 $509.52 $0.00 $416.71 $74,625.72
108 $74,625.72 $509.52 $0.00 $421.94 $75,557.18
109 $75,557.18 $509.52 $0.00 $427.21 $76,493.91
110 $76,493.91 $509.52 $0.00 $432.51 $77,435.94
111 $77,435.94 $509.52 $0.00 $437.83 $78,383.29
112 $78,383.29 $509.52 $0.00 $443.19 $79,336.00
113 $79,336.00 $509.52 $0.00 $448.58 $80,294.10
114 $80,294.10 $509.52 $0.00 $453.99 $81,257.61
115 $81,257.61 $509.52 $0.00 $459.44 $82,226.57
116 $82,226.57 $509.52 $0.00 $464.92 $83,201.01
117 $83,201.01 $509.52 $0.00 $470.43 $84,180.96
118 $84,180.96 $509.52 $0.00 $475.97 $85,166.45
119 $85,166.45 $509.52 $0.00 $481.54 $86,157.51
120 $86,157.51 $509.52 $0.00 $487.15 $87,154.18
121 $87,154.18 $509.52 $0.00 $492.78 $88,156.48
122 $88,156.48 $509.52 $0.00 $498.45 $89,164.45
123 $89,164.45 $509.52 $0.00 $504.15 $90,178.12
124 $90,178.12 $509.52 $0.00 $509.88 $91,197.52
125 $91,197.52 $509.52 $0.00 $515.64 $92,222.68
126 $92,222.68 $509.52 $0.00 $521.44 $93,253.64
127 $93,253.64 $509.52 $0.00 $527.27 $94,290.43
128 $94,290.43 $509.52 $0.00 $533.13 $95,333.08
129 $95,333.08 $509.52 $0.00 $539.03 $96,381.63
130 $96,381.63 $509.52 $0.00 $544.96 $97,436.11
131 $97,436.11 $509.52 $0.00 $550.92 $98,496.55
132 $98,496.55 $509.52 $0.00 $556.91 $99,562.98
133 $99,562.98 $509.52 $0.00 $562.94 $100,635.44
134 $100,635.44 $509.52 $0.00 $569.01 $101,713.97
135 $101,713.97 $509.52 $0.00 $575.11 $102,798.60
136 $102,798.60 $509.52 $0.00 $581.24 $103,889.36
137 $103,889.36 $509.52 $0.00 $587.41 $104,986.29
138 $104,986.29 $509.52 $0.00 $593.61 $106,089.42
139 $106,089.42 $509.52 $0.00 $599.85 $107,198.79
140 $107,198.79 $509.52 $0.00 $606.12 $108,314.43
141 $108,314.43 $509.52 $0.00 $612.43 $109,436.38
142 $109,436.38 $509.52 $0.00 $618.77 $110,564.67
143 $110,564.67 $509.52 $0.00 $625.15 $111,699.34
144 $111,699.34 $509.52 $0.00 $631.56 $112,840.42
145 $112,840.42 $509.52 $0.00 $638.02 $113,987.96
146 $113,987.96 $509.52 $0.00 $644.50 $115,141.98
147 $115,141.98 $509.52 $0.00 $651.03 $116,302.53
148 $116,302.53 $509.52 $0.00 $657.59 $117,469.64
149 $117,469.64 $509.52 $0.00 $664.19 $118,643.35
150 $118,643.35 $509.52 $0.00 $670.83 $119,823.70
151 $119,823.70 $509.52 $0.00 $677.50 $121,010.72
152 $121,010.72 $509.52 $0.00 $684.21 $122,204.45
153 $122,204.45 $509.52 $0.00 $690.96 $123,404.93
154 $123,404.93 $509.52 $0.00 $697.75 $124,612.20
155 $124,612.20 $509.52 $0.00 $704.58 $125,826.30
156 $125,826.30 $509.52 $0.00 $711.44 $127,047.26
157 $127,047.26 $509.52 $0.00 $718.34 $128,275.12
158 $128,275.12 $509.52 $0.00 $725.29 $129,509.93
159 $129,509.93 $509.52 $0.00 $732.27 $130,751.72
160 $130,751.72 $509.52 $0.00 $739.29 $132,000.53
161 $132,000.53 $509.52 $0.00 $746.35 $133,256.40
162 $133,256.40 $509.52 $0.00 $753.45 $134,519.37
163 $134,519.37 $509.52 $0.00 $760.59 $135,789.48
164 $135,789.48 $509.52 $0.00 $767.77 $137,066.77
165 $137,066.77 $509.52 $0.00 $775.00 $138,351.29
166 $138,351.29 $509.52 $0.00 $782.26 $139,643.07
167 $139,643.07 $509.52 $0.00 $789.56 $140,942.15
168 $140,942.15 $509.52 $0.00 $796.91 $142,248.58
169 $142,248.58 $509.52 $0.00 $804.29 $143,562.39
170 $143,562.39 $509.52 $0.00 $811.72 $144,883.63
171 $144,883.63 $509.52 $0.00 $819.19 $146,212.34
172 $146,212.34 $509.52 $0.00 $826.71 $147,548.57
173 $147,548.57 $509.52 $0.00 $834.26 $148,892.35
174 $148,892.35 $509.52 $0.00 $841.86 $150,243.73
175 $150,243.73 $509.52 $0.00 $849.50 $151,602.75
176 $151,602.75 $509.52 $0.00 $857.18 $152,969.45
177 $152,969.45 $509.52 $0.00 $864.91 $154,343.88
178 $154,343.88 $509.52 $0.00 $872.68 $155,726.08
179 $155,726.08 $509.52 $0.00 $880.50 $157,116.10
180 $157,116.10 $509.52 $0.00 $888.36 $158,513.98
181 $158,513.98 $509.52 $0.00 $896.26 $159,919.76
182 $159,919.76 $509.52 $0.00 $904.21 $161,333.49
183 $161,333.49 $509.52 $0.00 $912.20 $162,755.21
184 $162,755.21 $509.52 $0.00 $920.24 $164,184.97
185 $164,184.97 $509.52 $0.00 $928.33 $165,622.82
186 $165,622.82 $509.52 $0.00 $936.46 $167,068.80
187 $167,068.80 $509.52 $0.00 $944.63 $168,522.95
188 $168,522.95 $509.52 $0.00 $952.85 $169,985.32
189 $169,985.32 $509.52 $0.00 $961.12 $171,455.96
190 $171,455.96 $509.52 $0.00 $969.44 $172,934.92
191 $172,934.92 $509.52 $0.00 $977.80 $174,422.24
192 $174,422.24 $509.52 $0.00 $986.21 $175,917.97
193 $175,917.97 $509.52 $0.00 $994.67 $177,422.16
194 $177,422.16 $509.52 $0.00 $1,003.17 $178,934.85
195 $178,934.85 $509.52 $0.00 $1,011.72 $180,456.09
196 $180,456.09 $509.52 $0.00 $1,020.32 $181,985.93
197 $181,985.93 $509.52 $0.00 $1,028.97 $183,524.42
198 $183,524.42 $509.52 $0.00 $1,037.67 $185,071.61
199 $185,071.61 $509.52 $0.00 $1,046.42 $186,627.55
200 $186,627.55 $509.52 $0.00 $1,055.22 $188,192.29
201 $188,192.29 $509.52 $0.00 $1,064.07 $189,765.88
202 $189,765.88 $509.52 $0.00 $1,072.96 $191,348.36
203 $191,348.36 $509.52 $0.00 $1,081.91 $192,939.79
204 $192,939.79 $509.52 $0.00 $1,090.91 $194,540.22
205 $194,540.22 $509.52 $0.00 $1,099.96 $196,149.70
206 $196,149.70 $509.52 $0.00 $1,109.06 $197,768.28
207 $197,768.28 $509.52 $0.00 $1,118.21 $199,396.01
208 $199,396.01 $509.52 $0.00 $1,127.41 $201,032.94
209 $201,032.94 $509.52 $0.00 $1,136.67 $202,679.13
210 $202,679.13 $509.52 $0.00 $1,145.98 $204,334.63
211 $204,334.63 $509.52 $0.00 $1,155.34 $205,999.49
212 $205,999.49 $509.52 $0.00 $1,164.75 $207,673.76
213 $207,673.76 $509.52 $0.00 $1,174.22 $209,357.50
214 $209,357.50 $509.52 $0.00 $1,183.74 $211,050.76
215 $211,050.76 $509.52 $0.00 $1,193.31 $212,753.59
216 $212,753.59 $509.52 $0.00 $1,202.94 $214,466.05
217 $214,466.05 $509.52 $59,737.10 $1,212.62 $156,451.09
218 $156,451.09 $509.52 $0.00 $884.60 $157,845.21
219 $157,845.21 $509.52 $0.00 $892.48 $159,247.21
220 $159,247.21 $509.52 $0.00 $900.41 $160,657.14
221 $160,657.14 $509.52 $0.00 $908.38 $162,075.04
222 $162,075.04 $509.52 $0.00 $916.40 $163,500.96
223 $163,500.96 $509.52 $0.00 $924.46 $164,934.94
224 $164,934.94 $509.52 $0.00 $932.57 $166,377.03
225 $166,377.03 $509.52 $0.00 $940.72 $167,827.27
226 $167,827.27 $509.52 $0.00 $948.92 $169,285.71
227 $169,285.71 $509.52 $0.00 $957.17 $170,752.40
228 $170,752.40 $509.52 $0.00 $965.46 $172,227.38
229 $172,227.38 $509.52 $62,723.96 $973.80 $110,986.74
230 $110,986.74 $509.52 $0.00 $627.54 $112,123.80
231 $112,123.80 $509.52 $0.00 $633.96 $113,267.28
232 $113,267.28 $509.52 $0.00 $640.43 $114,417.23
233 $114,417.23 $509.52 $0.00 $646.93 $115,573.68
234 $115,573.68 $509.52 $0.00 $653.47 $116,736.67
235 $116,736.67 $509.52 $0.00 $660.05 $117,906.24
236 $117,906.24 $509.52 $0.00 $666.66 $119,082.42
237 $119,082.42 $509.52 $0.00 $673.31 $120,265.25
238 $120,265.25 $509.52 $0.00 $680.00 $121,454.77
239 $121,454.77 $509.52 $0.00 $686.72 $122,651.01
240 $122,651.01 $509.52 $0.00 $693.49 $123,854.02
241 $123,854.02 $509.52 $65,860.16 $700.29 $59,203.67
242 $59,203.67 $509.52 $0.00 $334.75 $60,047.94
243 $60,047.94 $509.52 $0.00 $339.52 $60,896.98
244 $60,896.98 $509.52 $0.00 $344.32 $61,750.82
245 $61,750.82 $509.52 $0.00 $349.15 $62,609.49
246 $62,609.49 $509.52 $0.00 $354.00 $63,473.01
247 $63,473.01 $509.52 $0.00 $358.89 $64,341.42
248 $64,341.42 $509.52 $0.00 $363.80 $65,214.74
249 $65,214.74 $509.52 $0.00 $368.73 $66,092.99
250 $66,092.99 $509.52 $0.00 $373.70 $66,976.21
251 $66,976.21 $509.52 $0.00 $378.69 $67,864.42
252 $67,864.42 $509.52 $0.00 $383.72 $68,757.66
253 $68,757.66 $0.00 $69,153.16 $388.77 ($6.73)