Savings Plan and Future Cost Estimation for Willamette University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$233,024
Monthly savings required$1,842

How much will it cost to send your child to Willamette University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $932,096.56 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,841.65 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$62,112.00
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 $1,841.65 $0.00 $0.00 $1,841.65
2 $1,841.65 $1,841.65 $0.00 $10.41 $3,693.71
3 $3,693.71 $1,841.65 $0.00 $20.88 $5,556.24
4 $5,556.24 $1,841.65 $0.00 $31.42 $7,429.31
5 $7,429.31 $1,841.65 $0.00 $42.01 $9,312.97
6 $9,312.97 $1,841.65 $0.00 $52.66 $11,207.28
7 $11,207.28 $1,841.65 $0.00 $63.37 $13,112.30
8 $13,112.30 $1,841.65 $0.00 $74.14 $15,028.09
9 $15,028.09 $1,841.65 $0.00 $84.97 $16,954.71
10 $16,954.71 $1,841.65 $0.00 $95.86 $18,892.22
11 $18,892.22 $1,841.65 $0.00 $106.82 $20,840.69
12 $20,840.69 $1,841.65 $0.00 $117.84 $22,800.18
13 $22,800.18 $1,841.65 $0.00 $128.92 $24,770.75
14 $24,770.75 $1,841.65 $0.00 $140.06 $26,752.46
15 $26,752.46 $1,841.65 $0.00 $151.26 $28,745.37
16 $28,745.37 $1,841.65 $0.00 $162.53 $30,749.55
17 $30,749.55 $1,841.65 $0.00 $173.86 $32,765.06
18 $32,765.06 $1,841.65 $0.00 $185.26 $34,791.97
19 $34,791.97 $1,841.65 $0.00 $196.72 $36,830.34
20 $36,830.34 $1,841.65 $0.00 $208.24 $38,880.23
21 $38,880.23 $1,841.65 $0.00 $219.83 $40,941.71
22 $40,941.71 $1,841.65 $0.00 $231.49 $43,014.85
23 $43,014.85 $1,841.65 $0.00 $243.21 $45,099.71
24 $45,099.71 $1,841.65 $0.00 $255.00 $47,196.36
25 $47,196.36 $1,841.65 $0.00 $266.86 $49,304.87
26 $49,304.87 $1,841.65 $0.00 $278.78 $51,425.30
27 $51,425.30 $1,841.65 $0.00 $290.77 $53,557.72
28 $53,557.72 $1,841.65 $0.00 $302.82 $55,702.19
29 $55,702.19 $1,841.65 $0.00 $314.95 $57,858.79
30 $57,858.79 $1,841.65 $0.00 $327.14 $60,027.58
31 $60,027.58 $1,841.65 $0.00 $339.40 $62,208.63
32 $62,208.63 $1,841.65 $0.00 $351.74 $64,402.02
33 $64,402.02 $1,841.65 $0.00 $364.14 $66,607.81
34 $66,607.81 $1,841.65 $0.00 $376.61 $68,826.07
35 $68,826.07 $1,841.65 $0.00 $389.15 $71,056.87
36 $71,056.87 $1,841.65 $0.00 $401.77 $73,300.29
37 $73,300.29 $1,841.65 $0.00 $414.45 $75,556.39
38 $75,556.39 $1,841.65 $0.00 $427.21 $77,825.25
39 $77,825.25 $1,841.65 $0.00 $440.04 $80,106.94
40 $80,106.94 $1,841.65 $0.00 $452.94 $82,401.53
41 $82,401.53 $1,841.65 $0.00 $465.91 $84,709.09
42 $84,709.09 $1,841.65 $0.00 $478.96 $87,029.70
43 $87,029.70 $1,841.65 $0.00 $492.08 $89,363.43
44 $89,363.43 $1,841.65 $0.00 $505.27 $91,710.35
45 $91,710.35 $1,841.65 $0.00 $518.54 $94,070.54
46 $94,070.54 $1,841.65 $0.00 $531.89 $96,444.08
47 $96,444.08 $1,841.65 $0.00 $545.31 $98,831.04
48 $98,831.04 $1,841.65 $0.00 $558.81 $101,231.50
49 $101,231.50 $1,841.65 $0.00 $572.38 $103,645.53
50 $103,645.53 $1,841.65 $0.00 $586.03 $106,073.21
51 $106,073.21 $1,841.65 $0.00 $599.75 $108,514.61
52 $108,514.61 $1,841.65 $0.00 $613.56 $110,969.82
53 $110,969.82 $1,841.65 $0.00 $627.44 $113,438.91
54 $113,438.91 $1,841.65 $0.00 $641.40 $115,921.96
55 $115,921.96 $1,841.65 $0.00 $655.44 $118,419.05
56 $118,419.05 $1,841.65 $0.00 $669.56 $120,930.26
57 $120,930.26 $1,841.65 $0.00 $683.76 $123,455.67
58 $123,455.67 $1,841.65 $0.00 $698.04 $125,995.36
59 $125,995.36 $1,841.65 $0.00 $712.40 $128,549.41
60 $128,549.41 $1,841.65 $0.00 $726.84 $131,117.90
61 $131,117.90 $1,841.65 $0.00 $741.36 $133,700.91
62 $133,700.91 $1,841.65 $0.00 $755.96 $136,298.52
63 $136,298.52 $1,841.65 $0.00 $770.65 $138,910.82
64 $138,910.82 $1,841.65 $0.00 $785.42 $141,537.89
65 $141,537.89 $1,841.65 $0.00 $800.28 $144,179.82
66 $144,179.82 $1,841.65 $0.00 $815.21 $146,836.68
67 $146,836.68 $1,841.65 $0.00 $830.24 $149,508.57
68 $149,508.57 $1,841.65 $0.00 $845.34 $152,195.56
69 $152,195.56 $1,841.65 $0.00 $860.54 $154,897.75
70 $154,897.75 $1,841.65 $0.00 $875.81 $157,615.21
71 $157,615.21 $1,841.65 $0.00 $891.18 $160,348.04
72 $160,348.04 $1,841.65 $0.00 $906.63 $163,096.32
73 $163,096.32 $1,841.65 $0.00 $922.17 $165,860.14
74 $165,860.14 $1,841.65 $0.00 $937.80 $168,639.59
75 $168,639.59 $1,841.65 $0.00 $953.51 $171,434.75
76 $171,434.75 $1,841.65 $0.00 $969.32 $174,245.72
77 $174,245.72 $1,841.65 $0.00 $985.21 $177,072.58
78 $177,072.58 $1,841.65 $0.00 $1,001.19 $179,915.42
79 $179,915.42 $1,841.65 $0.00 $1,017.27 $182,774.34
80 $182,774.34 $1,841.65 $0.00 $1,033.43 $185,649.42
81 $185,649.42 $1,841.65 $0.00 $1,049.69 $188,540.76
82 $188,540.76 $1,841.65 $0.00 $1,066.04 $191,448.45
83 $191,448.45 $1,841.65 $0.00 $1,082.48 $194,372.58
84 $194,372.58 $1,841.65 $0.00 $1,099.01 $197,313.24
85 $197,313.24 $1,841.65 $0.00 $1,115.64 $200,270.53
86 $200,270.53 $1,841.65 $0.00 $1,132.36 $203,244.54
87 $203,244.54 $1,841.65 $0.00 $1,149.17 $206,235.36
88 $206,235.36 $1,841.65 $0.00 $1,166.08 $209,243.09
89 $209,243.09 $1,841.65 $0.00 $1,183.09 $212,267.83
90 $212,267.83 $1,841.65 $0.00 $1,200.19 $215,309.67
91 $215,309.67 $1,841.65 $0.00 $1,217.39 $218,368.71
92 $218,368.71 $1,841.65 $0.00 $1,234.69 $221,445.05
93 $221,445.05 $1,841.65 $0.00 $1,252.08 $224,538.78
94 $224,538.78 $1,841.65 $0.00 $1,269.57 $227,650.00
95 $227,650.00 $1,841.65 $0.00 $1,287.17 $230,778.82
96 $230,778.82 $1,841.65 $0.00 $1,304.86 $233,925.33
97 $233,925.33 $1,841.65 $0.00 $1,322.65 $237,089.63
98 $237,089.63 $1,841.65 $0.00 $1,340.54 $240,271.82
99 $240,271.82 $1,841.65 $0.00 $1,358.53 $243,472.00
100 $243,472.00 $1,841.65 $0.00 $1,376.63 $246,690.28
101 $246,690.28 $1,841.65 $0.00 $1,394.82 $249,926.75
102 $249,926.75 $1,841.65 $0.00 $1,413.12 $253,181.52
103 $253,181.52 $1,841.65 $0.00 $1,431.53 $256,454.70
104 $256,454.70 $1,841.65 $0.00 $1,450.03 $259,746.38
105 $259,746.38 $1,841.65 $0.00 $1,468.64 $263,056.67
106 $263,056.67 $1,841.65 $0.00 $1,487.36 $266,385.68
107 $266,385.68 $1,841.65 $0.00 $1,506.18 $269,733.51
108 $269,733.51 $1,841.65 $0.00 $1,525.11 $273,100.27
109 $273,100.27 $1,841.65 $0.00 $1,544.15 $276,486.07
110 $276,486.07 $1,841.65 $0.00 $1,563.29 $279,891.01
111 $279,891.01 $1,841.65 $0.00 $1,582.54 $283,315.20
112 $283,315.20 $1,841.65 $0.00 $1,601.91 $286,758.76
113 $286,758.76 $1,841.65 $0.00 $1,621.38 $290,221.79
114 $290,221.79 $1,841.65 $0.00 $1,640.96 $293,704.40
115 $293,704.40 $1,841.65 $0.00 $1,660.65 $297,206.70
116 $297,206.70 $1,841.65 $0.00 $1,680.45 $300,728.80
117 $300,728.80 $1,841.65 $0.00 $1,700.36 $304,270.81
118 $304,270.81 $1,841.65 $0.00 $1,720.39 $307,832.85
119 $307,832.85 $1,841.65 $0.00 $1,740.53 $311,415.03
120 $311,415.03 $1,841.65 $0.00 $1,760.79 $315,017.47
121 $315,017.47 $1,841.65 $0.00 $1,781.15 $318,640.27
122 $318,640.27 $1,841.65 $0.00 $1,801.64 $322,283.56
123 $322,283.56 $1,841.65 $0.00 $1,822.24 $325,947.45
124 $325,947.45 $1,841.65 $0.00 $1,842.95 $329,632.05
125 $329,632.05 $1,841.65 $0.00 $1,863.79 $333,337.49
126 $333,337.49 $1,841.65 $0.00 $1,884.74 $337,063.88
127 $337,063.88 $1,841.65 $0.00 $1,905.81 $340,811.34
128 $340,811.34 $1,841.65 $0.00 $1,927.00 $344,579.99
129 $344,579.99 $1,841.65 $0.00 $1,948.31 $348,369.95
130 $348,369.95 $1,841.65 $0.00 $1,969.73 $352,181.33
131 $352,181.33 $1,841.65 $0.00 $1,991.28 $356,014.26
132 $356,014.26 $1,841.65 $0.00 $2,012.96 $359,868.87
133 $359,868.87 $1,841.65 $0.00 $2,034.75 $363,745.27
134 $363,745.27 $1,841.65 $0.00 $2,056.67 $367,643.59
135 $367,643.59 $1,841.65 $0.00 $2,078.71 $371,563.95
136 $371,563.95 $1,841.65 $0.00 $2,100.88 $375,506.48
137 $375,506.48 $1,841.65 $0.00 $2,123.17 $379,471.30
138 $379,471.30 $1,841.65 $0.00 $2,145.59 $383,458.54
139 $383,458.54 $1,841.65 $0.00 $2,168.13 $387,468.32
140 $387,468.32 $1,841.65 $0.00 $2,190.80 $391,500.77
141 $391,500.77 $1,841.65 $0.00 $2,213.60 $395,556.02
142 $395,556.02 $1,841.65 $0.00 $2,236.53 $399,634.20
143 $399,634.20 $1,841.65 $0.00 $2,259.59 $403,735.44
144 $403,735.44 $1,841.65 $0.00 $2,282.78 $407,859.87
145 $407,859.87 $1,841.65 $0.00 $2,306.10 $412,007.62
146 $412,007.62 $1,841.65 $0.00 $2,329.55 $416,178.82
147 $416,178.82 $1,841.65 $0.00 $2,353.14 $420,373.61
148 $420,373.61 $1,841.65 $0.00 $2,376.85 $424,592.11
149 $424,592.11 $1,841.65 $0.00 $2,400.71 $428,834.47
150 $428,834.47 $1,841.65 $0.00 $2,424.69 $433,100.81
151 $433,100.81 $1,841.65 $0.00 $2,448.81 $437,391.27
152 $437,391.27 $1,841.65 $0.00 $2,473.07 $441,705.99
153 $441,705.99 $1,841.65 $0.00 $2,497.47 $446,045.11
154 $446,045.11 $1,841.65 $0.00 $2,522.00 $450,408.76
155 $450,408.76 $1,841.65 $0.00 $2,546.68 $454,797.09
156 $454,797.09 $1,841.65 $0.00 $2,571.49 $459,210.23
157 $459,210.23 $1,841.65 $0.00 $2,596.44 $463,648.32
158 $463,648.32 $1,841.65 $0.00 $2,621.54 $468,111.51
159 $468,111.51 $1,841.65 $0.00 $2,646.77 $472,599.93
160 $472,599.93 $1,841.65 $0.00 $2,672.15 $477,113.73
161 $477,113.73 $1,841.65 $0.00 $2,697.67 $481,653.05
162 $481,653.05 $1,841.65 $0.00 $2,723.34 $486,218.04
163 $486,218.04 $1,841.65 $0.00 $2,749.15 $490,808.84
164 $490,808.84 $1,841.65 $0.00 $2,775.10 $495,425.59
165 $495,425.59 $1,841.65 $0.00 $2,801.21 $500,068.45
166 $500,068.45 $1,841.65 $0.00 $2,827.46 $504,737.56
167 $504,737.56 $1,841.65 $0.00 $2,853.86 $509,433.07
168 $509,433.07 $1,841.65 $0.00 $2,880.41 $514,155.13
169 $514,155.13 $1,841.65 $0.00 $2,907.11 $518,903.89
170 $518,903.89 $1,841.65 $0.00 $2,933.96 $523,679.50
171 $523,679.50 $1,841.65 $0.00 $2,960.96 $528,482.11
172 $528,482.11 $1,841.65 $0.00 $2,988.11 $533,311.87
173 $533,311.87 $1,841.65 $0.00 $3,015.42 $538,168.94
174 $538,168.94 $1,841.65 $0.00 $3,042.89 $543,053.48
175 $543,053.48 $1,841.65 $0.00 $3,070.50 $547,965.63
176 $547,965.63 $1,841.65 $0.00 $3,098.28 $552,905.56
177 $552,905.56 $1,841.65 $0.00 $3,126.21 $557,873.42
178 $557,873.42 $1,841.65 $0.00 $3,154.30 $562,869.37
179 $562,869.37 $1,841.65 $0.00 $3,182.55 $567,893.57
180 $567,893.57 $1,841.65 $0.00 $3,210.95 $572,946.17
181 $572,946.17 $1,841.65 $0.00 $3,239.52 $578,027.34
182 $578,027.34 $1,841.65 $0.00 $3,268.25 $583,137.24
183 $583,137.24 $1,841.65 $0.00 $3,297.14 $588,276.03
184 $588,276.03 $1,841.65 $0.00 $3,326.20 $593,443.88
185 $593,443.88 $1,841.65 $0.00 $3,355.42 $598,640.95
186 $598,640.95 $1,841.65 $0.00 $3,384.80 $603,867.40
187 $603,867.40 $1,841.65 $0.00 $3,414.35 $609,123.40
188 $609,123.40 $1,841.65 $0.00 $3,444.07 $614,409.12
189 $614,409.12 $1,841.65 $0.00 $3,473.96 $619,724.73
190 $619,724.73 $1,841.65 $0.00 $3,504.01 $625,070.39
191 $625,070.39 $1,841.65 $0.00 $3,534.24 $630,446.28
192 $630,446.28 $1,841.65 $0.00 $3,564.63 $635,852.56
193 $635,852.56 $1,841.65 $0.00 $3,595.20 $641,289.41
194 $641,289.41 $1,841.65 $0.00 $3,625.94 $646,757.00
195 $646,757.00 $1,841.65 $0.00 $3,656.86 $652,255.51
196 $652,255.51 $1,841.65 $0.00 $3,687.95 $657,785.11
197 $657,785.11 $1,841.65 $0.00 $3,719.21 $663,345.97
198 $663,345.97 $1,841.65 $0.00 $3,750.65 $668,938.27
199 $668,938.27 $1,841.65 $0.00 $3,782.27 $674,562.19
200 $674,562.19 $1,841.65 $0.00 $3,814.07 $680,217.91
201 $680,217.91 $1,841.65 $0.00 $3,846.05 $685,905.61
202 $685,905.61 $1,841.65 $0.00 $3,878.21 $691,625.47
203 $691,625.47 $1,841.65 $0.00 $3,910.55 $697,377.67
204 $697,377.67 $1,841.65 $0.00 $3,943.07 $703,162.39
205 $703,162.39 $1,841.65 $0.00 $3,975.78 $708,979.82
206 $708,979.82 $1,841.65 $0.00 $4,008.67 $714,830.14
207 $714,830.14 $1,841.65 $0.00 $4,041.75 $720,713.54
208 $720,713.54 $1,841.65 $0.00 $4,075.02 $726,630.21
209 $726,630.21 $1,841.65 $0.00 $4,108.47 $732,580.33
210 $732,580.33 $1,841.65 $0.00 $4,142.12 $738,564.10
211 $738,564.10 $1,841.65 $0.00 $4,175.95 $744,581.70
212 $744,581.70 $1,841.65 $0.00 $4,209.97 $750,633.32
213 $750,633.32 $1,841.65 $0.00 $4,244.19 $756,719.16
214 $756,719.16 $1,841.65 $0.00 $4,278.60 $762,839.41
215 $762,839.41 $1,841.65 $0.00 $4,313.20 $768,994.26
216 $768,994.26 $1,841.65 $0.00 $4,348.01 $775,183.92
217 $775,183.92 $1,841.65 $209,934.35 $4,383.00 $571,474.22
218 $571,474.22 $1,841.65 $0.00 $3,231.20 $576,547.07
219 $576,547.07 $1,841.65 $0.00 $3,259.88 $581,648.60
220 $581,648.60 $1,841.65 $0.00 $3,288.73 $586,778.98
221 $586,778.98 $1,841.65 $0.00 $3,317.73 $591,938.36
222 $591,938.36 $1,841.65 $0.00 $3,346.91 $597,126.92
223 $597,126.92 $1,841.65 $0.00 $3,376.24 $602,344.81
224 $602,344.81 $1,841.65 $0.00 $3,405.75 $607,592.21
225 $607,592.21 $1,841.65 $0.00 $3,435.41 $612,869.27
226 $612,869.27 $1,841.65 $0.00 $3,465.25 $618,176.17
227 $618,176.17 $1,841.65 $0.00 $3,495.26 $623,513.08
228 $623,513.08 $1,841.65 $0.00 $3,525.43 $628,880.16
229 $628,880.16 $1,841.65 $224,629.76 $3,555.78 $409,647.83
230 $409,647.83 $1,841.65 $0.00 $2,316.21 $413,805.69
231 $413,805.69 $1,841.65 $0.00 $2,339.72 $417,987.06
232 $417,987.06 $1,841.65 $0.00 $2,363.36 $422,192.07
233 $422,192.07 $1,841.65 $0.00 $2,387.14 $426,420.86
234 $426,420.86 $1,841.65 $0.00 $2,411.05 $430,673.56
235 $430,673.56 $1,841.65 $0.00 $2,435.09 $434,950.30
236 $434,950.30 $1,841.65 $0.00 $2,459.27 $439,251.22
237 $439,251.22 $1,841.65 $0.00 $2,483.59 $443,576.46
238 $443,576.46 $1,841.65 $0.00 $2,508.05 $447,926.16
239 $447,926.16 $1,841.65 $0.00 $2,532.64 $452,300.45
240 $452,300.45 $1,841.65 $0.00 $2,557.37 $456,699.47
241 $456,699.47 $1,841.65 $240,353.84 $2,582.25 $220,769.53
242 $220,769.53 $1,841.65 $0.00 $1,248.26 $223,859.44
243 $223,859.44 $1,841.65 $0.00 $1,265.73 $226,966.82
244 $226,966.82 $1,841.65 $0.00 $1,283.30 $230,091.77
245 $230,091.77 $1,841.65 $0.00 $1,300.97 $233,234.39
246 $233,234.39 $1,841.65 $0.00 $1,318.74 $236,394.78
247 $236,394.78 $1,841.65 $0.00 $1,336.61 $239,573.04
248 $239,573.04 $1,841.65 $0.00 $1,354.58 $242,769.27
249 $242,769.27 $1,841.65 $0.00 $1,372.65 $245,983.57
250 $245,983.57 $1,841.65 $0.00 $1,390.83 $249,216.05
251 $249,216.05 $1,841.65 $0.00 $1,409.10 $252,466.80
252 $252,466.80 $1,841.65 $0.00 $1,427.48 $255,735.93
253 $255,735.93 $0.00 $257,178.61 $1,445.97 $3.29