## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2037 \$134,302 Monthly savings required \$1,063

How much will it cost to send your child to Union University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$537,208.85 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$1,063.12 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 \$51,790.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

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

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$1,063.12 \$0.00 \$0.00 \$1,063.12
2 \$1,063.12 \$1,063.12 \$0.00 \$6.01 \$2,132.25
3 \$2,132.25 \$1,063.12 \$0.00 \$12.06 \$3,207.43
4 \$3,207.43 \$1,063.12 \$0.00 \$18.14 \$4,288.69
5 \$4,288.69 \$1,063.12 \$0.00 \$24.25 \$5,376.06
6 \$5,376.06 \$1,063.12 \$0.00 \$30.40 \$6,469.58
7 \$6,469.58 \$1,063.12 \$0.00 \$36.58 \$7,569.28
8 \$7,569.28 \$1,063.12 \$0.00 \$42.80 \$8,675.20
9 \$8,675.20 \$1,063.12 \$0.00 \$49.05 \$9,787.37
10 \$9,787.37 \$1,063.12 \$0.00 \$55.34 \$10,905.83
11 \$10,905.83 \$1,063.12 \$0.00 \$61.66 \$12,030.61
12 \$12,030.61 \$1,063.12 \$0.00 \$68.02 \$13,161.75
13 \$13,161.75 \$1,063.12 \$0.00 \$74.42 \$14,299.29
14 \$14,299.29 \$1,063.12 \$0.00 \$80.85 \$15,443.26
15 \$15,443.26 \$1,063.12 \$0.00 \$87.32 \$16,593.70
16 \$16,593.70 \$1,063.12 \$0.00 \$93.82 \$17,750.64
17 \$17,750.64 \$1,063.12 \$0.00 \$100.36 \$18,914.12
18 \$18,914.12 \$1,063.12 \$0.00 \$106.94 \$20,084.18
19 \$20,084.18 \$1,063.12 \$0.00 \$113.56 \$21,260.86
20 \$21,260.86 \$1,063.12 \$0.00 \$120.21 \$22,444.19
21 \$22,444.19 \$1,063.12 \$0.00 \$126.90 \$23,634.21
22 \$23,634.21 \$1,063.12 \$0.00 \$133.63 \$24,830.96
23 \$24,830.96 \$1,063.12 \$0.00 \$140.40 \$26,034.48
24 \$26,034.48 \$1,063.12 \$0.00 \$147.20 \$27,244.80
25 \$27,244.80 \$1,063.12 \$0.00 \$154.05 \$28,461.97
26 \$28,461.97 \$1,063.12 \$0.00 \$160.93 \$29,686.02
27 \$29,686.02 \$1,063.12 \$0.00 \$167.85 \$30,916.99
28 \$30,916.99 \$1,063.12 \$0.00 \$174.81 \$32,154.92
29 \$32,154.92 \$1,063.12 \$0.00 \$181.81 \$33,399.85
30 \$33,399.85 \$1,063.12 \$0.00 \$188.85 \$34,651.82
31 \$34,651.82 \$1,063.12 \$0.00 \$195.93 \$35,910.87
32 \$35,910.87 \$1,063.12 \$0.00 \$203.05 \$37,177.04
33 \$37,177.04 \$1,063.12 \$0.00 \$210.20 \$38,450.36
34 \$38,450.36 \$1,063.12 \$0.00 \$217.40 \$39,730.88
35 \$39,730.88 \$1,063.12 \$0.00 \$224.64 \$41,018.64
36 \$41,018.64 \$1,063.12 \$0.00 \$231.93 \$42,313.69
37 \$42,313.69 \$1,063.12 \$0.00 \$239.25 \$43,616.06
38 \$43,616.06 \$1,063.12 \$0.00 \$246.61 \$44,925.79
39 \$44,925.79 \$1,063.12 \$0.00 \$254.02 \$46,242.93
40 \$46,242.93 \$1,063.12 \$0.00 \$261.46 \$47,567.51
41 \$47,567.51 \$1,063.12 \$0.00 \$268.95 \$48,899.58
42 \$48,899.58 \$1,063.12 \$0.00 \$276.49 \$50,239.19
43 \$50,239.19 \$1,063.12 \$0.00 \$284.06 \$51,586.37
44 \$51,586.37 \$1,063.12 \$0.00 \$291.68 \$52,941.17
45 \$52,941.17 \$1,063.12 \$0.00 \$299.34 \$54,303.63
46 \$54,303.63 \$1,063.12 \$0.00 \$307.04 \$55,673.79
47 \$55,673.79 \$1,063.12 \$0.00 \$314.79 \$57,051.70
48 \$57,051.70 \$1,063.12 \$0.00 \$322.58 \$58,437.40
49 \$58,437.40 \$1,063.12 \$0.00 \$330.41 \$59,830.93
50 \$59,830.93 \$1,063.12 \$0.00 \$338.29 \$61,232.34
51 \$61,232.34 \$1,063.12 \$0.00 \$346.22 \$62,641.68
52 \$62,641.68 \$1,063.12 \$0.00 \$354.19 \$64,058.99
53 \$64,058.99 \$1,063.12 \$0.00 \$362.20 \$65,484.31
54 \$65,484.31 \$1,063.12 \$0.00 \$370.26 \$66,917.69
55 \$66,917.69 \$1,063.12 \$0.00 \$378.36 \$68,359.17
56 \$68,359.17 \$1,063.12 \$0.00 \$386.51 \$69,808.80
57 \$69,808.80 \$1,063.12 \$0.00 \$394.71 \$71,266.63
58 \$71,266.63 \$1,063.12 \$0.00 \$402.95 \$72,732.70
59 \$72,732.70 \$1,063.12 \$0.00 \$411.24 \$74,207.06
60 \$74,207.06 \$1,063.12 \$0.00 \$419.58 \$75,689.76
61 \$75,689.76 \$1,063.12 \$0.00 \$427.96 \$77,180.84
62 \$77,180.84 \$1,063.12 \$0.00 \$436.39 \$78,680.35
63 \$78,680.35 \$1,063.12 \$0.00 \$444.87 \$80,188.34
64 \$80,188.34 \$1,063.12 \$0.00 \$453.40 \$81,704.86
65 \$81,704.86 \$1,063.12 \$0.00 \$461.97 \$83,229.95
66 \$83,229.95 \$1,063.12 \$0.00 \$470.59 \$84,763.66
67 \$84,763.66 \$1,063.12 \$0.00 \$479.27 \$86,306.05
68 \$86,306.05 \$1,063.12 \$0.00 \$487.99 \$87,857.16
69 \$87,857.16 \$1,063.12 \$0.00 \$496.76 \$89,417.04
70 \$89,417.04 \$1,063.12 \$0.00 \$505.58 \$90,985.74
71 \$90,985.74 \$1,063.12 \$0.00 \$514.45 \$92,563.31
72 \$92,563.31 \$1,063.12 \$0.00 \$523.37 \$94,149.80
73 \$94,149.80 \$1,063.12 \$0.00 \$532.34 \$95,745.26
74 \$95,745.26 \$1,063.12 \$0.00 \$541.36 \$97,349.74
75 \$97,349.74 \$1,063.12 \$0.00 \$550.43 \$98,963.29
76 \$98,963.29 \$1,063.12 \$0.00 \$559.55 \$100,585.96
77 \$100,585.96 \$1,063.12 \$0.00 \$568.73 \$102,217.81
78 \$102,217.81 \$1,063.12 \$0.00 \$577.95 \$103,858.88
79 \$103,858.88 \$1,063.12 \$0.00 \$587.23 \$105,509.23
80 \$105,509.23 \$1,063.12 \$0.00 \$596.56 \$107,168.91
81 \$107,168.91 \$1,063.12 \$0.00 \$605.95 \$108,837.98
82 \$108,837.98 \$1,063.12 \$0.00 \$615.39 \$110,516.49
83 \$110,516.49 \$1,063.12 \$0.00 \$624.88 \$112,204.49
84 \$112,204.49 \$1,063.12 \$0.00 \$634.42 \$113,902.03
85 \$113,902.03 \$1,063.12 \$0.00 \$644.02 \$115,609.17
86 \$115,609.17 \$1,063.12 \$0.00 \$653.67 \$117,325.96
87 \$117,325.96 \$1,063.12 \$0.00 \$663.38 \$119,052.46
88 \$119,052.46 \$1,063.12 \$0.00 \$673.14 \$120,788.72
89 \$120,788.72 \$1,063.12 \$0.00 \$682.96 \$122,534.80
90 \$122,534.80 \$1,063.12 \$0.00 \$692.83 \$124,290.75
91 \$124,290.75 \$1,063.12 \$0.00 \$702.76 \$126,056.63
92 \$126,056.63 \$1,063.12 \$0.00 \$712.74 \$127,832.49
93 \$127,832.49 \$1,063.12 \$0.00 \$722.78 \$129,618.39
94 \$129,618.39 \$1,063.12 \$0.00 \$732.88 \$131,414.39
95 \$131,414.39 \$1,063.12 \$0.00 \$743.04 \$133,220.55
96 \$133,220.55 \$1,063.12 \$0.00 \$753.25 \$135,036.92
97 \$135,036.92 \$1,063.12 \$0.00 \$763.52 \$136,863.56
98 \$136,863.56 \$1,063.12 \$0.00 \$773.85 \$138,700.53
99 \$138,700.53 \$1,063.12 \$0.00 \$784.23 \$140,547.88
100 \$140,547.88 \$1,063.12 \$0.00 \$794.68 \$142,405.68
101 \$142,405.68 \$1,063.12 \$0.00 \$805.18 \$144,273.98
102 \$144,273.98 \$1,063.12 \$0.00 \$815.75 \$146,152.85
103 \$146,152.85 \$1,063.12 \$0.00 \$826.37 \$148,042.34
104 \$148,042.34 \$1,063.12 \$0.00 \$837.05 \$149,942.51
105 \$149,942.51 \$1,063.12 \$0.00 \$847.80 \$151,853.43
106 \$151,853.43 \$1,063.12 \$0.00 \$858.60 \$153,775.15
107 \$153,775.15 \$1,063.12 \$0.00 \$869.47 \$155,707.74
108 \$155,707.74 \$1,063.12 \$0.00 \$880.39 \$157,651.25
109 \$157,651.25 \$1,063.12 \$0.00 \$891.38 \$159,605.75
110 \$159,605.75 \$1,063.12 \$0.00 \$902.43 \$161,571.30
111 \$161,571.30 \$1,063.12 \$0.00 \$913.55 \$163,547.97
112 \$163,547.97 \$1,063.12 \$0.00 \$924.72 \$165,535.81
113 \$165,535.81 \$1,063.12 \$0.00 \$935.96 \$167,534.89
114 \$167,534.89 \$1,063.12 \$0.00 \$947.27 \$169,545.28
115 \$169,545.28 \$1,063.12 \$0.00 \$958.63 \$171,567.03
116 \$171,567.03 \$1,063.12 \$0.00 \$970.06 \$173,600.21
117 \$173,600.21 \$1,063.12 \$0.00 \$981.56 \$175,644.89
118 \$175,644.89 \$1,063.12 \$0.00 \$993.12 \$177,701.13
119 \$177,701.13 \$1,063.12 \$0.00 \$1,004.75 \$179,769.00
120 \$179,769.00 \$1,063.12 \$0.00 \$1,016.44 \$181,848.56
121 \$181,848.56 \$1,063.12 \$0.00 \$1,028.20 \$183,939.88
122 \$183,939.88 \$1,063.12 \$0.00 \$1,040.02 \$186,043.02
123 \$186,043.02 \$1,063.12 \$0.00 \$1,051.91 \$188,158.05
124 \$188,158.05 \$1,063.12 \$0.00 \$1,063.87 \$190,285.04
125 \$190,285.04 \$1,063.12 \$0.00 \$1,075.90 \$192,424.06
126 \$192,424.06 \$1,063.12 \$0.00 \$1,087.99 \$194,575.17
127 \$194,575.17 \$1,063.12 \$0.00 \$1,100.16 \$196,738.45
128 \$196,738.45 \$1,063.12 \$0.00 \$1,112.39 \$198,913.96
129 \$198,913.96 \$1,063.12 \$0.00 \$1,124.69 \$201,101.77
130 \$201,101.77 \$1,063.12 \$0.00 \$1,137.06 \$203,301.95
131 \$203,301.95 \$1,063.12 \$0.00 \$1,149.50 \$205,514.57
132 \$205,514.57 \$1,063.12 \$0.00 \$1,162.01 \$207,739.70
133 \$207,739.70 \$1,063.12 \$0.00 \$1,174.59 \$209,977.41
134 \$209,977.41 \$1,063.12 \$0.00 \$1,187.24 \$212,227.77
135 \$212,227.77 \$1,063.12 \$0.00 \$1,199.97 \$214,490.86
136 \$214,490.86 \$1,063.12 \$0.00 \$1,212.76 \$216,766.74
137 \$216,766.74 \$1,063.12 \$0.00 \$1,225.63 \$219,055.49
138 \$219,055.49 \$1,063.12 \$0.00 \$1,238.57 \$221,357.18
139 \$221,357.18 \$1,063.12 \$0.00 \$1,251.59 \$223,671.89
140 \$223,671.89 \$1,063.12 \$0.00 \$1,264.67 \$225,999.68
141 \$225,999.68 \$1,063.12 \$0.00 \$1,277.84 \$228,340.64
142 \$228,340.64 \$1,063.12 \$0.00 \$1,291.07 \$230,694.83
143 \$230,694.83 \$1,063.12 \$0.00 \$1,304.38 \$233,062.33
144 \$233,062.33 \$1,063.12 \$0.00 \$1,317.77 \$235,443.22
145 \$235,443.22 \$1,063.12 \$0.00 \$1,331.23 \$237,837.57
146 \$237,837.57 \$1,063.12 \$0.00 \$1,344.77 \$240,245.46
147 \$240,245.46 \$1,063.12 \$0.00 \$1,358.38 \$242,666.96
148 \$242,666.96 \$1,063.12 \$0.00 \$1,372.07 \$245,102.15
149 \$245,102.15 \$1,063.12 \$0.00 \$1,385.84 \$247,551.11
150 \$247,551.11 \$1,063.12 \$0.00 \$1,399.69 \$250,013.92
151 \$250,013.92 \$1,063.12 \$0.00 \$1,413.62 \$252,490.66
152 \$252,490.66 \$1,063.12 \$0.00 \$1,427.62 \$254,981.40
153 \$254,981.40 \$1,063.12 \$0.00 \$1,441.70 \$257,486.22
154 \$257,486.22 \$1,063.12 \$0.00 \$1,455.86 \$260,005.20
155 \$260,005.20 \$1,063.12 \$0.00 \$1,470.11 \$262,538.43
156 \$262,538.43 \$1,063.12 \$0.00 \$1,484.43 \$265,085.98
157 \$265,085.98 \$1,063.12 \$0.00 \$1,498.83 \$267,647.93
158 \$267,647.93 \$1,063.12 \$0.00 \$1,513.32 \$270,224.37
159 \$270,224.37 \$1,063.12 \$0.00 \$1,527.89 \$272,815.38
160 \$272,815.38 \$1,063.12 \$0.00 \$1,542.54 \$275,421.04
161 \$275,421.04 \$1,063.12 \$0.00 \$1,557.27 \$278,041.43
162 \$278,041.43 \$1,063.12 \$0.00 \$1,572.09 \$280,676.64
163 \$280,676.64 \$1,063.12 \$0.00 \$1,586.99 \$283,326.75
164 \$283,326.75 \$1,063.12 \$0.00 \$1,601.97 \$285,991.84
165 \$285,991.84 \$1,063.12 \$0.00 \$1,617.04 \$288,672.00
166 \$288,672.00 \$1,063.12 \$0.00 \$1,632.19 \$291,367.31
167 \$291,367.31 \$1,063.12 \$0.00 \$1,647.43 \$294,077.86
168 \$294,077.86 \$1,063.12 \$0.00 \$1,662.76 \$296,803.74
169 \$296,803.74 \$1,063.12 \$0.00 \$1,678.17 \$299,545.03
170 \$299,545.03 \$1,063.12 \$0.00 \$1,693.67 \$302,301.82
171 \$302,301.82 \$1,063.12 \$0.00 \$1,709.26 \$305,074.20
172 \$305,074.20 \$1,063.12 \$0.00 \$1,724.93 \$307,862.25
173 \$307,862.25 \$1,063.12 \$0.00 \$1,740.70 \$310,666.07
174 \$310,666.07 \$1,063.12 \$0.00 \$1,756.55 \$313,485.74
175 \$313,485.74 \$1,063.12 \$0.00 \$1,772.49 \$316,321.35
176 \$316,321.35 \$1,063.12 \$0.00 \$1,788.53 \$319,173.00
177 \$319,173.00 \$1,063.12 \$0.00 \$1,804.65 \$322,040.77
178 \$322,040.77 \$1,063.12 \$0.00 \$1,820.87 \$324,924.76
179 \$324,924.76 \$1,063.12 \$0.00 \$1,837.17 \$327,825.05
180 \$327,825.05 \$1,063.12 \$0.00 \$1,853.57 \$330,741.74
181 \$330,741.74 \$1,063.12 \$0.00 \$1,870.06 \$333,674.92
182 \$333,674.92 \$1,063.12 \$0.00 \$1,886.65 \$336,624.69
183 \$336,624.69 \$1,063.12 \$0.00 \$1,903.32 \$339,591.13
184 \$339,591.13 \$1,063.12 \$0.00 \$1,920.10 \$342,574.35
185 \$342,574.35 \$1,063.12 \$0.00 \$1,936.97 \$345,574.44
186 \$345,574.44 \$1,063.12 \$0.00 \$1,953.93 \$348,591.49
187 \$348,591.49 \$1,063.12 \$0.00 \$1,970.99 \$351,625.60
188 \$351,625.60 \$1,063.12 \$0.00 \$1,988.14 \$354,676.86
189 \$354,676.86 \$1,063.12 \$0.00 \$2,005.39 \$357,745.37
190 \$357,745.37 \$1,063.12 \$0.00 \$2,022.74 \$360,831.23
191 \$360,831.23 \$1,063.12 \$0.00 \$2,040.19 \$363,934.54
192 \$363,934.54 \$1,063.12 \$0.00 \$2,057.74 \$367,055.40
193 \$367,055.40 \$1,063.12 \$0.00 \$2,075.38 \$370,193.90
194 \$370,193.90 \$1,063.12 \$0.00 \$2,093.13 \$373,350.15
195 \$373,350.15 \$1,063.12 \$0.00 \$2,110.98 \$376,524.25
196 \$376,524.25 \$1,063.12 \$0.00 \$2,128.92 \$379,716.29
197 \$379,716.29 \$1,063.12 \$0.00 \$2,146.97 \$382,926.38
198 \$382,926.38 \$1,063.12 \$0.00 \$2,165.12 \$386,154.62
199 \$386,154.62 \$1,063.12 \$0.00 \$2,183.37 \$389,401.11
200 \$389,401.11 \$1,063.12 \$0.00 \$2,201.73 \$392,665.96
201 \$392,665.96 \$1,063.12 \$0.00 \$2,220.19 \$395,949.27
202 \$395,949.27 \$1,063.12 \$0.00 \$2,238.75 \$399,251.14
203 \$399,251.14 \$1,063.12 \$0.00 \$2,257.42 \$402,571.68
204 \$402,571.68 \$1,063.12 \$0.00 \$2,276.20 \$405,911.00
205 \$405,911.00 \$1,063.12 \$0.00 \$2,295.08 \$409,269.20
206 \$409,269.20 \$1,063.12 \$0.00 \$2,314.07 \$412,646.39
207 \$412,646.39 \$1,063.12 \$0.00 \$2,333.16 \$416,042.67
208 \$416,042.67 \$1,063.12 \$0.00 \$2,352.37 \$419,458.16
209 \$419,458.16 \$1,063.12 \$0.00 \$2,371.68 \$422,892.96
210 \$422,892.96 \$1,063.12 \$0.00 \$2,391.10 \$426,347.18
211 \$426,347.18 \$1,063.12 \$0.00 \$2,410.63 \$429,820.93
212 \$429,820.93 \$1,063.12 \$0.00 \$2,430.27 \$433,314.32
213 \$433,314.32 \$1,063.12 \$0.00 \$2,450.02 \$436,827.46
214 \$436,827.46 \$1,063.12 \$0.00 \$2,469.89 \$440,360.47
215 \$440,360.47 \$1,063.12 \$0.00 \$2,489.86 \$443,913.45
216 \$443,913.45 \$1,063.12 \$0.00 \$2,509.95 \$447,486.52
217 \$447,486.52 \$1,063.12 \$124,638.81 \$2,530.15 \$326,440.98
218 \$326,440.98 \$1,063.12 \$0.00 \$1,845.74 \$329,349.84
219 \$329,349.84 \$1,063.12 \$0.00 \$1,862.19 \$332,275.15
220 \$332,275.15 \$1,063.12 \$0.00 \$1,878.73 \$335,217.00
221 \$335,217.00 \$1,063.12 \$0.00 \$1,895.37 \$338,175.49
222 \$338,175.49 \$1,063.12 \$0.00 \$1,912.09 \$341,150.70
223 \$341,150.70 \$1,063.12 \$0.00 \$1,928.92 \$344,142.74
224 \$344,142.74 \$1,063.12 \$0.00 \$1,945.83 \$347,151.69
225 \$347,151.69 \$1,063.12 \$0.00 \$1,962.85 \$350,177.66
226 \$350,177.66 \$1,063.12 \$0.00 \$1,979.96 \$353,220.74
227 \$353,220.74 \$1,063.12 \$0.00 \$1,997.16 \$356,281.02
228 \$356,281.02 \$1,063.12 \$0.00 \$2,014.46 \$359,358.60
229 \$359,358.60 \$1,063.12 \$130,870.75 \$2,031.87 \$231,582.84
230 \$231,582.84 \$1,063.12 \$0.00 \$1,309.40 \$233,955.36
231 \$233,955.36 \$1,063.12 \$0.00 \$1,322.82 \$236,341.30
232 \$236,341.30 \$1,063.12 \$0.00 \$1,336.31 \$238,740.73
233 \$238,740.73 \$1,063.12 \$0.00 \$1,349.87 \$241,153.72
234 \$241,153.72 \$1,063.12 \$0.00 \$1,363.52 \$243,580.36
235 \$243,580.36 \$1,063.12 \$0.00 \$1,377.24 \$246,020.72
236 \$246,020.72 \$1,063.12 \$0.00 \$1,391.04 \$248,474.88
237 \$248,474.88 \$1,063.12 \$0.00 \$1,404.91 \$250,942.91
238 \$250,942.91 \$1,063.12 \$0.00 \$1,418.87 \$253,424.90
239 \$253,424.90 \$1,063.12 \$0.00 \$1,432.90 \$255,920.92
240 \$255,920.92 \$1,063.12 \$0.00 \$1,447.01 \$258,431.05
241 \$258,431.05 \$1,063.12 \$137,414.29 \$1,461.21 \$123,541.09
242 \$123,541.09 \$1,063.12 \$0.00 \$698.52 \$125,302.73
243 \$125,302.73 \$1,063.12 \$0.00 \$708.48 \$127,074.33
244 \$127,074.33 \$1,063.12 \$0.00 \$718.50 \$128,855.95
245 \$128,855.95 \$1,063.12 \$0.00 \$728.57 \$130,647.64
246 \$130,647.64 \$1,063.12 \$0.00 \$738.70 \$132,449.46
247 \$132,449.46 \$1,063.12 \$0.00 \$748.89 \$134,261.47
248 \$134,261.47 \$1,063.12 \$0.00 \$759.13 \$136,083.72
249 \$136,083.72 \$1,063.12 \$0.00 \$769.44 \$137,916.28
250 \$137,916.28 \$1,063.12 \$0.00 \$779.80 \$139,759.20
251 \$139,759.20 \$1,063.12 \$0.00 \$790.22 \$141,612.54
252 \$141,612.54 \$1,063.12 \$0.00 \$800.70 \$143,476.36
253 \$143,476.36 \$0.00 \$144,285.00 \$811.24 \$2.60