Savings Plan and Future Cost Estimation for Montana State University Billings

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$80,233
Monthly savings required$634

How much will it cost to send your child to Montana State University Billings in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $320,933.43 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $634.10 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$21,386.00
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 $634.10 $0.00 $0.00 $634.10
2 $634.10 $634.10 $0.00 $3.59 $1,271.79
3 $1,271.79 $634.10 $0.00 $7.19 $1,913.08
4 $1,913.08 $634.10 $0.00 $10.82 $2,558.00
5 $2,558.00 $634.10 $0.00 $14.46 $3,206.56
6 $3,206.56 $634.10 $0.00 $18.13 $3,858.79
7 $3,858.79 $634.10 $0.00 $21.82 $4,514.71
8 $4,514.71 $634.10 $0.00 $25.53 $5,174.34
9 $5,174.34 $634.10 $0.00 $29.26 $5,837.70
10 $5,837.70 $634.10 $0.00 $33.01 $6,504.81
11 $6,504.81 $634.10 $0.00 $36.78 $7,175.69
12 $7,175.69 $634.10 $0.00 $40.57 $7,850.36
13 $7,850.36 $634.10 $0.00 $44.39 $8,528.85
14 $8,528.85 $634.10 $0.00 $48.22 $9,211.17
15 $9,211.17 $634.10 $0.00 $52.08 $9,897.35
16 $9,897.35 $634.10 $0.00 $55.96 $10,587.41
17 $10,587.41 $634.10 $0.00 $59.86 $11,281.37
18 $11,281.37 $634.10 $0.00 $63.79 $11,979.26
19 $11,979.26 $634.10 $0.00 $67.73 $12,681.09
20 $12,681.09 $634.10 $0.00 $71.70 $13,386.89
21 $13,386.89 $634.10 $0.00 $75.69 $14,096.68
22 $14,096.68 $634.10 $0.00 $79.70 $14,810.48
23 $14,810.48 $634.10 $0.00 $83.74 $15,528.32
24 $15,528.32 $634.10 $0.00 $87.80 $16,250.22
25 $16,250.22 $634.10 $0.00 $91.88 $16,976.20
26 $16,976.20 $634.10 $0.00 $95.99 $17,706.29
27 $17,706.29 $634.10 $0.00 $100.11 $18,440.50
28 $18,440.50 $634.10 $0.00 $104.27 $19,178.87
29 $19,178.87 $634.10 $0.00 $108.44 $19,921.41
30 $19,921.41 $634.10 $0.00 $112.64 $20,668.15
31 $20,668.15 $634.10 $0.00 $116.86 $21,419.11
32 $21,419.11 $634.10 $0.00 $121.11 $22,174.32
33 $22,174.32 $634.10 $0.00 $125.38 $22,933.80
34 $22,933.80 $634.10 $0.00 $129.67 $23,697.57
35 $23,697.57 $634.10 $0.00 $133.99 $24,465.66
36 $24,465.66 $634.10 $0.00 $138.33 $25,238.09
37 $25,238.09 $634.10 $0.00 $142.70 $26,014.89
38 $26,014.89 $634.10 $0.00 $147.09 $26,796.08
39 $26,796.08 $634.10 $0.00 $151.51 $27,581.69
40 $27,581.69 $634.10 $0.00 $155.95 $28,371.74
41 $28,371.74 $634.10 $0.00 $160.42 $29,166.26
42 $29,166.26 $634.10 $0.00 $164.91 $29,965.27
43 $29,965.27 $634.10 $0.00 $169.43 $30,768.80
44 $30,768.80 $634.10 $0.00 $173.97 $31,576.87
45 $31,576.87 $634.10 $0.00 $178.54 $32,389.51
46 $32,389.51 $634.10 $0.00 $183.13 $33,206.74
47 $33,206.74 $634.10 $0.00 $187.76 $34,028.60
48 $34,028.60 $634.10 $0.00 $192.40 $34,855.10
49 $34,855.10 $634.10 $0.00 $197.08 $35,686.28
50 $35,686.28 $634.10 $0.00 $201.78 $36,522.16
51 $36,522.16 $634.10 $0.00 $206.50 $37,362.76
52 $37,362.76 $634.10 $0.00 $211.25 $38,208.11
53 $38,208.11 $634.10 $0.00 $216.03 $39,058.24
54 $39,058.24 $634.10 $0.00 $220.84 $39,913.18
55 $39,913.18 $634.10 $0.00 $225.67 $40,772.95
56 $40,772.95 $634.10 $0.00 $230.54 $41,637.59
57 $41,637.59 $634.10 $0.00 $235.42 $42,507.11
58 $42,507.11 $634.10 $0.00 $240.34 $43,381.55
59 $43,381.55 $634.10 $0.00 $245.29 $44,260.94
60 $44,260.94 $634.10 $0.00 $250.26 $45,145.30
61 $45,145.30 $634.10 $0.00 $255.26 $46,034.66
62 $46,034.66 $634.10 $0.00 $260.29 $46,929.05
63 $46,929.05 $634.10 $0.00 $265.34 $47,828.49
64 $47,828.49 $634.10 $0.00 $270.43 $48,733.02
65 $48,733.02 $634.10 $0.00 $275.54 $49,642.66
66 $49,642.66 $634.10 $0.00 $280.69 $50,557.45
67 $50,557.45 $634.10 $0.00 $285.86 $51,477.41
68 $51,477.41 $634.10 $0.00 $291.06 $52,402.57
69 $52,402.57 $634.10 $0.00 $296.29 $53,332.96
70 $53,332.96 $634.10 $0.00 $301.55 $54,268.61
71 $54,268.61 $634.10 $0.00 $306.84 $55,209.55
72 $55,209.55 $634.10 $0.00 $312.16 $56,155.81
73 $56,155.81 $634.10 $0.00 $317.51 $57,107.42
74 $57,107.42 $634.10 $0.00 $322.89 $58,064.41
75 $58,064.41 $634.10 $0.00 $328.30 $59,026.81
76 $59,026.81 $634.10 $0.00 $333.75 $59,994.66
77 $59,994.66 $634.10 $0.00 $339.22 $60,967.98
78 $60,967.98 $634.10 $0.00 $344.72 $61,946.80
79 $61,946.80 $634.10 $0.00 $350.26 $62,931.16
80 $62,931.16 $634.10 $0.00 $355.82 $63,921.08
81 $63,921.08 $634.10 $0.00 $361.42 $64,916.60
82 $64,916.60 $634.10 $0.00 $367.05 $65,917.75
83 $65,917.75 $634.10 $0.00 $372.71 $66,924.56
84 $66,924.56 $634.10 $0.00 $378.40 $67,937.06
85 $67,937.06 $634.10 $0.00 $384.13 $68,955.29
86 $68,955.29 $634.10 $0.00 $389.88 $69,979.27
87 $69,979.27 $634.10 $0.00 $395.67 $71,009.04
88 $71,009.04 $634.10 $0.00 $401.50 $72,044.64
89 $72,044.64 $634.10 $0.00 $407.35 $73,086.09
90 $73,086.09 $634.10 $0.00 $413.24 $74,133.43
91 $74,133.43 $634.10 $0.00 $419.16 $75,186.69
92 $75,186.69 $634.10 $0.00 $425.12 $76,245.91
93 $76,245.91 $634.10 $0.00 $431.11 $77,311.12
94 $77,311.12 $634.10 $0.00 $437.13 $78,382.35
95 $78,382.35 $634.10 $0.00 $443.19 $79,459.64
96 $79,459.64 $634.10 $0.00 $449.28 $80,543.02
97 $80,543.02 $634.10 $0.00 $455.40 $81,632.52
98 $81,632.52 $634.10 $0.00 $461.56 $82,728.18
99 $82,728.18 $634.10 $0.00 $467.76 $83,830.04
100 $83,830.04 $634.10 $0.00 $473.99 $84,938.13
101 $84,938.13 $634.10 $0.00 $480.25 $86,052.48
102 $86,052.48 $634.10 $0.00 $486.55 $87,173.13
103 $87,173.13 $634.10 $0.00 $492.89 $88,300.12
104 $88,300.12 $634.10 $0.00 $499.26 $89,433.48
105 $89,433.48 $634.10 $0.00 $505.67 $90,573.25
106 $90,573.25 $634.10 $0.00 $512.11 $91,719.46
107 $91,719.46 $634.10 $0.00 $518.60 $92,872.16
108 $92,872.16 $634.10 $0.00 $525.11 $94,031.37
109 $94,031.37 $634.10 $0.00 $531.67 $95,197.14
110 $95,197.14 $634.10 $0.00 $538.26 $96,369.50
111 $96,369.50 $634.10 $0.00 $544.89 $97,548.49
112 $97,548.49 $634.10 $0.00 $551.55 $98,734.14
113 $98,734.14 $634.10 $0.00 $558.26 $99,926.50
114 $99,926.50 $634.10 $0.00 $565.00 $101,125.60
115 $101,125.60 $634.10 $0.00 $571.78 $102,331.48
116 $102,331.48 $634.10 $0.00 $578.60 $103,544.18
117 $103,544.18 $634.10 $0.00 $585.45 $104,763.73
118 $104,763.73 $634.10 $0.00 $592.35 $105,990.18
119 $105,990.18 $634.10 $0.00 $599.28 $107,223.56
120 $107,223.56 $634.10 $0.00 $606.26 $108,463.92
121 $108,463.92 $634.10 $0.00 $613.27 $109,711.29
122 $109,711.29 $634.10 $0.00 $620.32 $110,965.71
123 $110,965.71 $634.10 $0.00 $627.42 $112,227.23
124 $112,227.23 $634.10 $0.00 $634.55 $113,495.88
125 $113,495.88 $634.10 $0.00 $641.72 $114,771.70
126 $114,771.70 $634.10 $0.00 $648.94 $116,054.74
127 $116,054.74 $634.10 $0.00 $656.19 $117,345.03
128 $117,345.03 $634.10 $0.00 $663.49 $118,642.62
129 $118,642.62 $634.10 $0.00 $670.82 $119,947.54
130 $119,947.54 $634.10 $0.00 $678.20 $121,259.84
131 $121,259.84 $634.10 $0.00 $685.62 $122,579.56
132 $122,579.56 $634.10 $0.00 $693.08 $123,906.74
133 $123,906.74 $634.10 $0.00 $700.59 $125,241.43
134 $125,241.43 $634.10 $0.00 $708.13 $126,583.66
135 $126,583.66 $634.10 $0.00 $715.72 $127,933.48
136 $127,933.48 $634.10 $0.00 $723.35 $129,290.93
137 $129,290.93 $634.10 $0.00 $731.03 $130,656.06
138 $130,656.06 $634.10 $0.00 $738.75 $132,028.91
139 $132,028.91 $634.10 $0.00 $746.51 $133,409.52
140 $133,409.52 $634.10 $0.00 $754.32 $134,797.94
141 $134,797.94 $634.10 $0.00 $762.17 $136,194.21
142 $136,194.21 $634.10 $0.00 $770.06 $137,598.37
143 $137,598.37 $634.10 $0.00 $778.00 $139,010.47
144 $139,010.47 $634.10 $0.00 $785.99 $140,430.56
145 $140,430.56 $634.10 $0.00 $794.01 $141,858.67
146 $141,858.67 $634.10 $0.00 $802.09 $143,294.86
147 $143,294.86 $634.10 $0.00 $810.21 $144,739.17
148 $144,739.17 $634.10 $0.00 $818.38 $146,191.65
149 $146,191.65 $634.10 $0.00 $826.59 $147,652.34
150 $147,652.34 $634.10 $0.00 $834.85 $149,121.29
151 $149,121.29 $634.10 $0.00 $843.15 $150,598.54
152 $150,598.54 $634.10 $0.00 $851.51 $152,084.15
153 $152,084.15 $634.10 $0.00 $859.91 $153,578.16
154 $153,578.16 $634.10 $0.00 $868.35 $155,080.61
155 $155,080.61 $634.10 $0.00 $876.85 $156,591.56
156 $156,591.56 $634.10 $0.00 $885.39 $158,111.05
157 $158,111.05 $634.10 $0.00 $893.98 $159,639.13
158 $159,639.13 $634.10 $0.00 $902.62 $161,175.85
159 $161,175.85 $634.10 $0.00 $911.31 $162,721.26
160 $162,721.26 $634.10 $0.00 $920.05 $164,275.41
161 $164,275.41 $634.10 $0.00 $928.84 $165,838.35
162 $165,838.35 $634.10 $0.00 $937.67 $167,410.12
163 $167,410.12 $634.10 $0.00 $946.56 $168,990.78
164 $168,990.78 $634.10 $0.00 $955.50 $170,580.38
165 $170,580.38 $634.10 $0.00 $964.49 $172,178.97
166 $172,178.97 $634.10 $0.00 $973.52 $173,786.59
167 $173,786.59 $634.10 $0.00 $982.61 $175,403.30
168 $175,403.30 $634.10 $0.00 $991.76 $177,029.16
169 $177,029.16 $634.10 $0.00 $1,000.95 $178,664.21
170 $178,664.21 $634.10 $0.00 $1,010.19 $180,308.50
171 $180,308.50 $634.10 $0.00 $1,019.49 $181,962.09
172 $181,962.09 $634.10 $0.00 $1,028.84 $183,625.03
173 $183,625.03 $634.10 $0.00 $1,038.24 $185,297.37
174 $185,297.37 $634.10 $0.00 $1,047.70 $186,979.17
175 $186,979.17 $634.10 $0.00 $1,057.21 $188,670.48
176 $188,670.48 $634.10 $0.00 $1,066.77 $190,371.35
177 $190,371.35 $634.10 $0.00 $1,076.39 $192,081.84
178 $192,081.84 $634.10 $0.00 $1,086.06 $193,802.00
179 $193,802.00 $634.10 $0.00 $1,095.78 $195,531.88
180 $195,531.88 $634.10 $0.00 $1,105.57 $197,271.55
181 $197,271.55 $634.10 $0.00 $1,115.40 $199,021.05
182 $199,021.05 $634.10 $0.00 $1,125.29 $200,780.44
183 $200,780.44 $634.10 $0.00 $1,135.24 $202,549.78
184 $202,549.78 $634.10 $0.00 $1,145.25 $204,329.13
185 $204,329.13 $634.10 $0.00 $1,155.31 $206,118.54
186 $206,118.54 $634.10 $0.00 $1,165.42 $207,918.06
187 $207,918.06 $634.10 $0.00 $1,175.60 $209,727.76
188 $209,727.76 $634.10 $0.00 $1,185.83 $211,547.69
189 $211,547.69 $634.10 $0.00 $1,196.12 $213,377.91
190 $213,377.91 $634.10 $0.00 $1,206.47 $215,218.48
191 $215,218.48 $634.10 $0.00 $1,216.88 $217,069.46
192 $217,069.46 $634.10 $0.00 $1,227.34 $218,930.90
193 $218,930.90 $634.10 $0.00 $1,237.87 $220,802.87
194 $220,802.87 $634.10 $0.00 $1,248.45 $222,685.42
195 $222,685.42 $634.10 $0.00 $1,259.10 $224,578.62
196 $224,578.62 $634.10 $0.00 $1,269.80 $226,482.52
197 $226,482.52 $634.10 $0.00 $1,280.57 $228,397.19
198 $228,397.19 $634.10 $0.00 $1,291.39 $230,322.68
199 $230,322.68 $634.10 $0.00 $1,302.28 $232,259.06
200 $232,259.06 $634.10 $0.00 $1,313.23 $234,206.39
201 $234,206.39 $634.10 $0.00 $1,324.24 $236,164.73
202 $236,164.73 $634.10 $0.00 $1,335.31 $238,134.14
203 $238,134.14 $634.10 $0.00 $1,346.45 $240,114.69
204 $240,114.69 $634.10 $0.00 $1,357.64 $242,106.43
205 $242,106.43 $634.10 $0.00 $1,368.90 $244,109.43
206 $244,109.43 $634.10 $0.00 $1,380.23 $246,123.76
207 $246,123.76 $634.10 $0.00 $1,391.62 $248,149.48
208 $248,149.48 $634.10 $0.00 $1,403.07 $250,186.65
209 $250,186.65 $634.10 $0.00 $1,414.59 $252,235.34
210 $252,235.34 $634.10 $0.00 $1,426.18 $254,295.62
211 $254,295.62 $634.10 $0.00 $1,437.82 $256,367.54
212 $256,367.54 $634.10 $0.00 $1,449.54 $258,451.18
213 $258,451.18 $634.10 $0.00 $1,461.32 $260,546.60
214 $260,546.60 $634.10 $0.00 $1,473.17 $262,653.87
215 $262,653.87 $634.10 $0.00 $1,485.08 $264,773.05
216 $264,773.05 $634.10 $0.00 $1,497.07 $266,904.22
217 $266,904.22 $634.10 $72,283.23 $1,509.12 $196,764.21
218 $196,764.21 $634.10 $0.00 $1,112.53 $198,510.84
219 $198,510.84 $634.10 $0.00 $1,122.41 $200,267.35
220 $200,267.35 $634.10 $0.00 $1,132.34 $202,033.79
221 $202,033.79 $634.10 $0.00 $1,142.33 $203,810.22
222 $203,810.22 $634.10 $0.00 $1,152.37 $205,596.69
223 $205,596.69 $634.10 $0.00 $1,162.47 $207,393.26
224 $207,393.26 $634.10 $0.00 $1,172.63 $209,199.99
225 $209,199.99 $634.10 $0.00 $1,182.85 $211,016.94
226 $211,016.94 $634.10 $0.00 $1,193.12 $212,844.16
227 $212,844.16 $634.10 $0.00 $1,203.45 $214,681.71
228 $214,681.71 $634.10 $0.00 $1,213.84 $216,529.65
229 $216,529.65 $634.10 $77,343.06 $1,224.29 $141,044.98
230 $141,044.98 $634.10 $0.00 $797.49 $142,476.57
231 $142,476.57 $634.10 $0.00 $805.58 $143,916.25
232 $143,916.25 $634.10 $0.00 $813.72 $145,364.07
233 $145,364.07 $634.10 $0.00 $821.91 $146,820.08
234 $146,820.08 $634.10 $0.00 $830.14 $148,284.32
235 $148,284.32 $634.10 $0.00 $838.42 $149,756.84
236 $149,756.84 $634.10 $0.00 $846.75 $151,237.69
237 $151,237.69 $634.10 $0.00 $855.12 $152,726.91
238 $152,726.91 $634.10 $0.00 $863.54 $154,224.55
239 $154,224.55 $634.10 $0.00 $872.01 $155,730.66
240 $155,730.66 $634.10 $0.00 $880.52 $157,245.28
241 $157,245.28 $634.10 $82,757.07 $889.09 $76,011.40
242 $76,011.40 $634.10 $0.00 $429.78 $77,075.28
243 $77,075.28 $634.10 $0.00 $435.79 $78,145.17
244 $78,145.17 $634.10 $0.00 $441.84 $79,221.11
245 $79,221.11 $634.10 $0.00 $447.93 $80,303.14
246 $80,303.14 $634.10 $0.00 $454.05 $81,391.29
247 $81,391.29 $634.10 $0.00 $460.20 $82,485.59
248 $82,485.59 $634.10 $0.00 $466.39 $83,586.08
249 $83,586.08 $634.10 $0.00 $472.61 $84,692.79
250 $84,692.79 $634.10 $0.00 $478.87 $85,805.76
251 $85,805.76 $634.10 $0.00 $485.16 $86,925.02
252 $86,925.02 $634.10 $0.00 $491.49 $88,050.61
253 $88,050.61 $0.00 $88,550.07 $497.85 -$1.61