Savings Plan and Future Cost Estimation for Judson College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$128,833
Monthly savings required$1,018

How much will it cost to send your child to Judson College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $515,330.31 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,018.20 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$34,340.00
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 $1,018.20 $0.00 $0.00 $1,018.20
2 $1,018.20 $1,018.20 $0.00 $5.76 $2,042.16
3 $2,042.16 $1,018.20 $0.00 $11.55 $3,071.91
4 $3,071.91 $1,018.20 $0.00 $17.37 $4,107.48
5 $4,107.48 $1,018.20 $0.00 $23.22 $5,148.90
6 $5,148.90 $1,018.20 $0.00 $29.11 $6,196.21
7 $6,196.21 $1,018.20 $0.00 $35.03 $7,249.44
8 $7,249.44 $1,018.20 $0.00 $40.99 $8,308.63
9 $8,308.63 $1,018.20 $0.00 $46.98 $9,373.81
10 $9,373.81 $1,018.20 $0.00 $53.00 $10,445.01
11 $10,445.01 $1,018.20 $0.00 $59.06 $11,522.27
12 $11,522.27 $1,018.20 $0.00 $65.15 $12,605.62
13 $12,605.62 $1,018.20 $0.00 $71.27 $13,695.09
14 $13,695.09 $1,018.20 $0.00 $77.43 $14,790.72
15 $14,790.72 $1,018.20 $0.00 $83.63 $15,892.55
16 $15,892.55 $1,018.20 $0.00 $89.86 $17,000.61
17 $17,000.61 $1,018.20 $0.00 $96.12 $18,114.93
18 $18,114.93 $1,018.20 $0.00 $102.42 $19,235.55
19 $19,235.55 $1,018.20 $0.00 $108.76 $20,362.51
20 $20,362.51 $1,018.20 $0.00 $115.13 $21,495.84
21 $21,495.84 $1,018.20 $0.00 $121.54 $22,635.58
22 $22,635.58 $1,018.20 $0.00 $127.98 $23,781.76
23 $23,781.76 $1,018.20 $0.00 $134.47 $24,934.43
24 $24,934.43 $1,018.20 $0.00 $140.98 $26,093.61
25 $26,093.61 $1,018.20 $0.00 $147.54 $27,259.35
26 $27,259.35 $1,018.20 $0.00 $154.13 $28,431.68
27 $28,431.68 $1,018.20 $0.00 $160.76 $29,610.64
28 $29,610.64 $1,018.20 $0.00 $167.42 $30,796.26
29 $30,796.26 $1,018.20 $0.00 $174.13 $31,988.59
30 $31,988.59 $1,018.20 $0.00 $180.87 $33,187.66
31 $33,187.66 $1,018.20 $0.00 $187.65 $34,393.51
32 $34,393.51 $1,018.20 $0.00 $194.47 $35,606.18
33 $35,606.18 $1,018.20 $0.00 $201.32 $36,825.70
34 $36,825.70 $1,018.20 $0.00 $208.22 $38,052.12
35 $38,052.12 $1,018.20 $0.00 $215.15 $39,285.47
36 $39,285.47 $1,018.20 $0.00 $222.13 $40,525.80
37 $40,525.80 $1,018.20 $0.00 $229.14 $41,773.14
38 $41,773.14 $1,018.20 $0.00 $236.19 $43,027.53
39 $43,027.53 $1,018.20 $0.00 $243.28 $44,289.01
40 $44,289.01 $1,018.20 $0.00 $250.42 $45,557.63
41 $45,557.63 $1,018.20 $0.00 $257.59 $46,833.42
42 $46,833.42 $1,018.20 $0.00 $264.80 $48,116.42
43 $48,116.42 $1,018.20 $0.00 $272.06 $49,406.68
44 $49,406.68 $1,018.20 $0.00 $279.35 $50,704.23
45 $50,704.23 $1,018.20 $0.00 $286.69 $52,009.12
46 $52,009.12 $1,018.20 $0.00 $294.07 $53,321.39
47 $53,321.39 $1,018.20 $0.00 $301.49 $54,641.08
48 $54,641.08 $1,018.20 $0.00 $308.95 $55,968.23
49 $55,968.23 $1,018.20 $0.00 $316.45 $57,302.88
50 $57,302.88 $1,018.20 $0.00 $324.00 $58,645.08
51 $58,645.08 $1,018.20 $0.00 $331.59 $59,994.87
52 $59,994.87 $1,018.20 $0.00 $339.22 $61,352.29
53 $61,352.29 $1,018.20 $0.00 $346.89 $62,717.38
54 $62,717.38 $1,018.20 $0.00 $354.61 $64,090.19
55 $64,090.19 $1,018.20 $0.00 $362.38 $65,470.77
56 $65,470.77 $1,018.20 $0.00 $370.18 $66,859.15
57 $66,859.15 $1,018.20 $0.00 $378.03 $68,255.38
58 $68,255.38 $1,018.20 $0.00 $385.93 $69,659.51
59 $69,659.51 $1,018.20 $0.00 $393.86 $71,071.57
60 $71,071.57 $1,018.20 $0.00 $401.85 $72,491.62
61 $72,491.62 $1,018.20 $0.00 $409.88 $73,919.70
62 $73,919.70 $1,018.20 $0.00 $417.95 $75,355.85
63 $75,355.85 $1,018.20 $0.00 $426.07 $76,800.12
64 $76,800.12 $1,018.20 $0.00 $434.24 $78,252.56
65 $78,252.56 $1,018.20 $0.00 $442.45 $79,713.21
66 $79,713.21 $1,018.20 $0.00 $450.71 $81,182.12
67 $81,182.12 $1,018.20 $0.00 $459.02 $82,659.34
68 $82,659.34 $1,018.20 $0.00 $467.37 $84,144.91
69 $84,144.91 $1,018.20 $0.00 $475.77 $85,638.88
70 $85,638.88 $1,018.20 $0.00 $484.21 $87,141.29
71 $87,141.29 $1,018.20 $0.00 $492.71 $88,652.20
72 $88,652.20 $1,018.20 $0.00 $501.25 $90,171.65
73 $90,171.65 $1,018.20 $0.00 $509.84 $91,699.69
74 $91,699.69 $1,018.20 $0.00 $518.48 $93,236.37
75 $93,236.37 $1,018.20 $0.00 $527.17 $94,781.74
76 $94,781.74 $1,018.20 $0.00 $535.91 $96,335.85
77 $96,335.85 $1,018.20 $0.00 $544.70 $97,898.75
78 $97,898.75 $1,018.20 $0.00 $553.53 $99,470.48
79 $99,470.48 $1,018.20 $0.00 $562.42 $101,051.10
80 $101,051.10 $1,018.20 $0.00 $571.36 $102,640.66
81 $102,640.66 $1,018.20 $0.00 $580.35 $104,239.21
82 $104,239.21 $1,018.20 $0.00 $589.38 $105,846.79
83 $105,846.79 $1,018.20 $0.00 $598.47 $107,463.46
84 $107,463.46 $1,018.20 $0.00 $607.61 $109,089.27
85 $109,089.27 $1,018.20 $0.00 $616.81 $110,724.28
86 $110,724.28 $1,018.20 $0.00 $626.05 $112,368.53
87 $112,368.53 $1,018.20 $0.00 $635.35 $114,022.08
88 $114,022.08 $1,018.20 $0.00 $644.70 $115,684.98
89 $115,684.98 $1,018.20 $0.00 $654.10 $117,357.28
90 $117,357.28 $1,018.20 $0.00 $663.56 $119,039.04
91 $119,039.04 $1,018.20 $0.00 $673.06 $120,730.30
92 $120,730.30 $1,018.20 $0.00 $682.63 $122,431.13
93 $122,431.13 $1,018.20 $0.00 $692.24 $124,141.57
94 $124,141.57 $1,018.20 $0.00 $701.91 $125,861.68
95 $125,861.68 $1,018.20 $0.00 $711.64 $127,591.52
96 $127,591.52 $1,018.20 $0.00 $721.42 $129,331.14
97 $129,331.14 $1,018.20 $0.00 $731.26 $131,080.60
98 $131,080.60 $1,018.20 $0.00 $741.15 $132,839.95
99 $132,839.95 $1,018.20 $0.00 $751.10 $134,609.25
100 $134,609.25 $1,018.20 $0.00 $761.10 $136,388.55
101 $136,388.55 $1,018.20 $0.00 $771.16 $138,177.91
102 $138,177.91 $1,018.20 $0.00 $781.28 $139,977.39
103 $139,977.39 $1,018.20 $0.00 $791.45 $141,787.04
104 $141,787.04 $1,018.20 $0.00 $801.68 $143,606.92
105 $143,606.92 $1,018.20 $0.00 $811.97 $145,437.09
106 $145,437.09 $1,018.20 $0.00 $822.32 $147,277.61
107 $147,277.61 $1,018.20 $0.00 $832.73 $149,128.54
108 $149,128.54 $1,018.20 $0.00 $843.19 $150,989.93
109 $150,989.93 $1,018.20 $0.00 $853.72 $152,861.85
110 $152,861.85 $1,018.20 $0.00 $864.30 $154,744.35
111 $154,744.35 $1,018.20 $0.00 $874.95 $156,637.50
112 $156,637.50 $1,018.20 $0.00 $885.65 $158,541.35
113 $158,541.35 $1,018.20 $0.00 $896.42 $160,455.97
114 $160,455.97 $1,018.20 $0.00 $907.24 $162,381.41
115 $162,381.41 $1,018.20 $0.00 $918.13 $164,317.74
116 $164,317.74 $1,018.20 $0.00 $929.08 $166,265.02
117 $166,265.02 $1,018.20 $0.00 $940.09 $168,223.31
118 $168,223.31 $1,018.20 $0.00 $951.16 $170,192.67
119 $170,192.67 $1,018.20 $0.00 $962.29 $172,173.16
120 $172,173.16 $1,018.20 $0.00 $973.49 $174,164.85
121 $174,164.85 $1,018.20 $0.00 $984.75 $176,167.80
122 $176,167.80 $1,018.20 $0.00 $996.08 $178,182.08
123 $178,182.08 $1,018.20 $0.00 $1,007.47 $180,207.75
124 $180,207.75 $1,018.20 $0.00 $1,018.92 $182,244.87
125 $182,244.87 $1,018.20 $0.00 $1,030.44 $184,293.51
126 $184,293.51 $1,018.20 $0.00 $1,042.02 $186,353.73
127 $186,353.73 $1,018.20 $0.00 $1,053.67 $188,425.60
128 $188,425.60 $1,018.20 $0.00 $1,065.39 $190,509.19
129 $190,509.19 $1,018.20 $0.00 $1,077.17 $192,604.56
130 $192,604.56 $1,018.20 $0.00 $1,089.01 $194,711.77
131 $194,711.77 $1,018.20 $0.00 $1,100.93 $196,830.90
132 $196,830.90 $1,018.20 $0.00 $1,112.91 $198,962.01
133 $198,962.01 $1,018.20 $0.00 $1,124.96 $201,105.17
134 $201,105.17 $1,018.20 $0.00 $1,137.08 $203,260.45
135 $203,260.45 $1,018.20 $0.00 $1,149.26 $205,427.91
136 $205,427.91 $1,018.20 $0.00 $1,161.52 $207,607.63
137 $207,607.63 $1,018.20 $0.00 $1,173.84 $209,799.67
138 $209,799.67 $1,018.20 $0.00 $1,186.24 $212,004.11
139 $212,004.11 $1,018.20 $0.00 $1,198.70 $214,221.01
140 $214,221.01 $1,018.20 $0.00 $1,211.24 $216,450.45
141 $216,450.45 $1,018.20 $0.00 $1,223.84 $218,692.49
142 $218,692.49 $1,018.20 $0.00 $1,236.52 $220,947.21
143 $220,947.21 $1,018.20 $0.00 $1,249.27 $223,214.68
144 $223,214.68 $1,018.20 $0.00 $1,262.09 $225,494.97
145 $225,494.97 $1,018.20 $0.00 $1,274.98 $227,788.15
146 $227,788.15 $1,018.20 $0.00 $1,287.95 $230,094.30
147 $230,094.30 $1,018.20 $0.00 $1,300.99 $232,413.49
148 $232,413.49 $1,018.20 $0.00 $1,314.10 $234,745.79
149 $234,745.79 $1,018.20 $0.00 $1,327.29 $237,091.28
150 $237,091.28 $1,018.20 $0.00 $1,340.55 $239,450.03
151 $239,450.03 $1,018.20 $0.00 $1,353.89 $241,822.12
152 $241,822.12 $1,018.20 $0.00 $1,367.30 $244,207.62
153 $244,207.62 $1,018.20 $0.00 $1,380.79 $246,606.61
154 $246,606.61 $1,018.20 $0.00 $1,394.35 $249,019.16
155 $249,019.16 $1,018.20 $0.00 $1,407.99 $251,445.35
156 $251,445.35 $1,018.20 $0.00 $1,421.71 $253,885.26
157 $253,885.26 $1,018.20 $0.00 $1,435.50 $256,338.96
158 $256,338.96 $1,018.20 $0.00 $1,449.38 $258,806.54
159 $258,806.54 $1,018.20 $0.00 $1,463.33 $261,288.07
160 $261,288.07 $1,018.20 $0.00 $1,477.36 $263,783.63
161 $263,783.63 $1,018.20 $0.00 $1,491.47 $266,293.30
162 $266,293.30 $1,018.20 $0.00 $1,505.66 $268,817.16
163 $268,817.16 $1,018.20 $0.00 $1,519.93 $271,355.29
164 $271,355.29 $1,018.20 $0.00 $1,534.28 $273,907.77
165 $273,907.77 $1,018.20 $0.00 $1,548.71 $276,474.68
166 $276,474.68 $1,018.20 $0.00 $1,563.23 $279,056.11
167 $279,056.11 $1,018.20 $0.00 $1,577.82 $281,652.13
168 $281,652.13 $1,018.20 $0.00 $1,592.50 $284,262.83
169 $284,262.83 $1,018.20 $0.00 $1,607.26 $286,888.29
170 $286,888.29 $1,018.20 $0.00 $1,622.11 $289,528.60
171 $289,528.60 $1,018.20 $0.00 $1,637.04 $292,183.84
172 $292,183.84 $1,018.20 $0.00 $1,652.05 $294,854.09
173 $294,854.09 $1,018.20 $0.00 $1,667.15 $297,539.44
174 $297,539.44 $1,018.20 $0.00 $1,682.33 $300,239.97
175 $300,239.97 $1,018.20 $0.00 $1,697.60 $302,955.77
176 $302,955.77 $1,018.20 $0.00 $1,712.96 $305,686.93
177 $305,686.93 $1,018.20 $0.00 $1,728.40 $308,433.53
178 $308,433.53 $1,018.20 $0.00 $1,743.93 $311,195.66
179 $311,195.66 $1,018.20 $0.00 $1,759.55 $313,973.41
180 $313,973.41 $1,018.20 $0.00 $1,775.25 $316,766.86
181 $316,766.86 $1,018.20 $0.00 $1,791.05 $319,576.11
182 $319,576.11 $1,018.20 $0.00 $1,806.93 $322,401.24
183 $322,401.24 $1,018.20 $0.00 $1,822.90 $325,242.34
184 $325,242.34 $1,018.20 $0.00 $1,838.97 $328,099.51
185 $328,099.51 $1,018.20 $0.00 $1,855.12 $330,972.83
186 $330,972.83 $1,018.20 $0.00 $1,871.37 $333,862.40
187 $333,862.40 $1,018.20 $0.00 $1,887.71 $336,768.31
188 $336,768.31 $1,018.20 $0.00 $1,904.14 $339,690.65
189 $339,690.65 $1,018.20 $0.00 $1,920.66 $342,629.51
190 $342,629.51 $1,018.20 $0.00 $1,937.28 $345,584.99
191 $345,584.99 $1,018.20 $0.00 $1,953.99 $348,557.18
192 $348,557.18 $1,018.20 $0.00 $1,970.79 $351,546.17
193 $351,546.17 $1,018.20 $0.00 $1,987.69 $354,552.06
194 $354,552.06 $1,018.20 $0.00 $2,004.69 $357,574.95
195 $357,574.95 $1,018.20 $0.00 $2,021.78 $360,614.93
196 $360,614.93 $1,018.20 $0.00 $2,038.97 $363,672.10
197 $363,672.10 $1,018.20 $0.00 $2,056.25 $366,746.55
198 $366,746.55 $1,018.20 $0.00 $2,073.64 $369,838.39
199 $369,838.39 $1,018.20 $0.00 $2,091.12 $372,947.71
200 $372,947.71 $1,018.20 $0.00 $2,108.70 $376,074.61
201 $376,074.61 $1,018.20 $0.00 $2,126.38 $379,219.19
202 $379,219.19 $1,018.20 $0.00 $2,144.16 $382,381.55
203 $382,381.55 $1,018.20 $0.00 $2,162.04 $385,561.79
204 $385,561.79 $1,018.20 $0.00 $2,180.02 $388,760.01
205 $388,760.01 $1,018.20 $0.00 $2,198.11 $391,976.32
206 $391,976.32 $1,018.20 $0.00 $2,216.29 $395,210.81
207 $395,210.81 $1,018.20 $0.00 $2,234.58 $398,463.59
208 $398,463.59 $1,018.20 $0.00 $2,252.97 $401,734.76
209 $401,734.76 $1,018.20 $0.00 $2,271.47 $405,024.43
210 $405,024.43 $1,018.20 $0.00 $2,290.07 $408,332.70
211 $408,332.70 $1,018.20 $0.00 $2,308.77 $411,659.67
212 $411,659.67 $1,018.20 $0.00 $2,327.58 $415,005.45
213 $415,005.45 $1,018.20 $0.00 $2,346.50 $418,370.15
214 $418,370.15 $1,018.20 $0.00 $2,365.53 $421,753.88
215 $421,753.88 $1,018.20 $0.00 $2,384.66 $425,156.74
216 $425,156.74 $1,018.20 $0.00 $2,403.90 $428,578.84
217 $428,578.84 $1,018.20 $116,066.87 $2,423.25 $315,953.42
218 $315,953.42 $1,018.20 $0.00 $1,786.45 $318,758.07
219 $318,758.07 $1,018.20 $0.00 $1,802.30 $321,578.57
220 $321,578.57 $1,018.20 $0.00 $1,818.25 $324,415.02
221 $324,415.02 $1,018.20 $0.00 $1,834.29 $327,267.51
222 $327,267.51 $1,018.20 $0.00 $1,850.42 $330,136.13
223 $330,136.13 $1,018.20 $0.00 $1,866.64 $333,020.97
224 $333,020.97 $1,018.20 $0.00 $1,882.95 $335,922.12
225 $335,922.12 $1,018.20 $0.00 $1,899.35 $338,839.67
226 $338,839.67 $1,018.20 $0.00 $1,915.85 $341,773.72
227 $341,773.72 $1,018.20 $0.00 $1,932.44 $344,724.36
228 $344,724.36 $1,018.20 $0.00 $1,949.12 $347,691.68
229 $347,691.68 $1,018.20 $124,191.56 $1,965.90 $226,484.22
230 $226,484.22 $1,018.20 $0.00 $1,280.57 $228,782.99
231 $228,782.99 $1,018.20 $0.00 $1,293.57 $231,094.76
232 $231,094.76 $1,018.20 $0.00 $1,306.64 $233,419.60
233 $233,419.60 $1,018.20 $0.00 $1,319.79 $235,757.59
234 $235,757.59 $1,018.20 $0.00 $1,333.01 $238,108.80
235 $238,108.80 $1,018.20 $0.00 $1,346.30 $240,473.30
236 $240,473.30 $1,018.20 $0.00 $1,359.67 $242,851.17
237 $242,851.17 $1,018.20 $0.00 $1,373.12 $245,242.49
238 $245,242.49 $1,018.20 $0.00 $1,386.64 $247,647.33
239 $247,647.33 $1,018.20 $0.00 $1,400.23 $250,065.76
240 $250,065.76 $1,018.20 $0.00 $1,413.91 $252,497.87
241 $252,497.87 $1,018.20 $132,884.96 $1,427.66 $122,058.77
242 $122,058.77 $1,018.20 $0.00 $690.14 $123,767.11
243 $123,767.11 $1,018.20 $0.00 $699.80 $125,485.11
244 $125,485.11 $1,018.20 $0.00 $709.51 $127,212.82
245 $127,212.82 $1,018.20 $0.00 $719.28 $128,950.30
246 $128,950.30 $1,018.20 $0.00 $729.10 $130,697.60
247 $130,697.60 $1,018.20 $0.00 $738.98 $132,454.78
248 $132,454.78 $1,018.20 $0.00 $748.92 $134,221.90
249 $134,221.90 $1,018.20 $0.00 $758.91 $135,999.01
250 $135,999.01 $1,018.20 $0.00 $768.96 $137,786.17
251 $137,786.17 $1,018.20 $0.00 $779.06 $139,583.43
252 $139,583.43 $1,018.20 $0.00 $789.23 $141,390.86
253 $141,390.86 $0.00 $142,186.91 $799.44 $3.39