Savings Plan and Future Cost Estimation for Glendale Community College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$52,518
Monthly savings required$233

How much will it cost to send your child to Glendale Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $105,035.69 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $233.40 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$21,290.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $233.40 $0.00 $0.00 $233.40
2 $233.40 $233.40 $0.00 $1.32 $468.12
3 $468.12 $233.40 $0.00 $2.65 $704.17
4 $704.17 $233.40 $0.00 $3.98 $941.55
5 $941.55 $233.40 $0.00 $5.32 $1,180.27
6 $1,180.27 $233.40 $0.00 $6.67 $1,420.34
7 $1,420.34 $233.40 $0.00 $8.03 $1,661.77
8 $1,661.77 $233.40 $0.00 $9.40 $1,904.57
9 $1,904.57 $233.40 $0.00 $10.77 $2,148.74
10 $2,148.74 $233.40 $0.00 $12.15 $2,394.29
11 $2,394.29 $233.40 $0.00 $13.54 $2,641.23
12 $2,641.23 $233.40 $0.00 $14.93 $2,889.56
13 $2,889.56 $233.40 $0.00 $16.34 $3,139.30
14 $3,139.30 $233.40 $0.00 $17.75 $3,390.45
15 $3,390.45 $233.40 $0.00 $19.17 $3,643.02
16 $3,643.02 $233.40 $0.00 $20.60 $3,897.02
17 $3,897.02 $233.40 $0.00 $22.03 $4,152.45
18 $4,152.45 $233.40 $0.00 $23.48 $4,409.33
19 $4,409.33 $233.40 $0.00 $24.93 $4,667.66
20 $4,667.66 $233.40 $0.00 $26.39 $4,927.45
21 $4,927.45 $233.40 $0.00 $27.86 $5,188.71
22 $5,188.71 $233.40 $0.00 $29.34 $5,451.45
23 $5,451.45 $233.40 $0.00 $30.82 $5,715.67
24 $5,715.67 $233.40 $0.00 $32.32 $5,981.39
25 $5,981.39 $233.40 $0.00 $33.82 $6,248.61
26 $6,248.61 $233.40 $0.00 $35.33 $6,517.34
27 $6,517.34 $233.40 $0.00 $36.85 $6,787.59
28 $6,787.59 $233.40 $0.00 $38.38 $7,059.37
29 $7,059.37 $233.40 $0.00 $39.91 $7,332.68
30 $7,332.68 $233.40 $0.00 $41.46 $7,607.54
31 $7,607.54 $233.40 $0.00 $43.01 $7,883.95
32 $7,883.95 $233.40 $0.00 $44.58 $8,161.93
33 $8,161.93 $233.40 $0.00 $46.15 $8,441.48
34 $8,441.48 $233.40 $0.00 $47.73 $8,722.61
35 $8,722.61 $233.40 $0.00 $49.32 $9,005.33
36 $9,005.33 $233.40 $0.00 $50.92 $9,289.65
37 $9,289.65 $233.40 $0.00 $52.53 $9,575.58
38 $9,575.58 $233.40 $0.00 $54.14 $9,863.12
39 $9,863.12 $233.40 $0.00 $55.77 $10,152.29
40 $10,152.29 $233.40 $0.00 $57.40 $10,443.09
41 $10,443.09 $233.40 $0.00 $59.05 $10,735.54
42 $10,735.54 $233.40 $0.00 $60.70 $11,029.64
43 $11,029.64 $233.40 $0.00 $62.36 $11,325.40
44 $11,325.40 $233.40 $0.00 $64.04 $11,622.84
45 $11,622.84 $233.40 $0.00 $65.72 $11,921.96
46 $11,921.96 $233.40 $0.00 $67.41 $12,222.77
47 $12,222.77 $233.40 $0.00 $69.11 $12,525.28
48 $12,525.28 $233.40 $0.00 $70.82 $12,829.50
49 $12,829.50 $233.40 $0.00 $72.54 $13,135.44
50 $13,135.44 $233.40 $0.00 $74.27 $13,443.11
51 $13,443.11 $233.40 $0.00 $76.01 $13,752.52
52 $13,752.52 $233.40 $0.00 $77.76 $14,063.68
53 $14,063.68 $233.40 $0.00 $79.52 $14,376.60
54 $14,376.60 $233.40 $0.00 $81.29 $14,691.29
55 $14,691.29 $233.40 $0.00 $83.07 $15,007.76
56 $15,007.76 $233.40 $0.00 $84.86 $15,326.02
57 $15,326.02 $233.40 $0.00 $86.66 $15,646.08
58 $15,646.08 $233.40 $0.00 $88.47 $15,967.95
59 $15,967.95 $233.40 $0.00 $90.29 $16,291.64
60 $16,291.64 $233.40 $0.00 $92.12 $16,617.16
61 $16,617.16 $233.40 $0.00 $93.96 $16,944.52
62 $16,944.52 $233.40 $0.00 $95.81 $17,273.73
63 $17,273.73 $233.40 $0.00 $97.67 $17,604.80
64 $17,604.80 $233.40 $0.00 $99.54 $17,937.74
65 $17,937.74 $233.40 $0.00 $101.42 $18,272.56
66 $18,272.56 $233.40 $0.00 $103.32 $18,609.28
67 $18,609.28 $233.40 $0.00 $105.22 $18,947.90
68 $18,947.90 $233.40 $0.00 $107.13 $19,288.43
69 $19,288.43 $233.40 $0.00 $109.06 $19,630.89
70 $19,630.89 $233.40 $0.00 $111.00 $19,975.29
71 $19,975.29 $233.40 $0.00 $112.94 $20,321.63
72 $20,321.63 $233.40 $0.00 $114.90 $20,669.93
73 $20,669.93 $233.40 $0.00 $116.87 $21,020.20
74 $21,020.20 $233.40 $0.00 $118.85 $21,372.45
75 $21,372.45 $233.40 $0.00 $120.84 $21,726.69
76 $21,726.69 $233.40 $0.00 $122.85 $22,082.94
77 $22,082.94 $233.40 $0.00 $124.86 $22,441.20
78 $22,441.20 $233.40 $0.00 $126.89 $22,801.49
79 $22,801.49 $233.40 $0.00 $128.92 $23,163.81
80 $23,163.81 $233.40 $0.00 $130.97 $23,528.18
81 $23,528.18 $233.40 $0.00 $133.03 $23,894.61
82 $23,894.61 $233.40 $0.00 $135.10 $24,263.11
83 $24,263.11 $233.40 $0.00 $137.19 $24,633.70
84 $24,633.70 $233.40 $0.00 $139.28 $25,006.38
85 $25,006.38 $233.40 $0.00 $141.39 $25,381.17
86 $25,381.17 $233.40 $0.00 $143.51 $25,758.08
87 $25,758.08 $233.40 $0.00 $145.64 $26,137.12
88 $26,137.12 $233.40 $0.00 $147.78 $26,518.30
89 $26,518.30 $233.40 $0.00 $149.94 $26,901.64
90 $26,901.64 $233.40 $0.00 $152.11 $27,287.15
91 $27,287.15 $233.40 $0.00 $154.29 $27,674.84
92 $27,674.84 $233.40 $0.00 $156.48 $28,064.72
93 $28,064.72 $233.40 $0.00 $158.68 $28,456.80
94 $28,456.80 $233.40 $0.00 $160.90 $28,851.10
95 $28,851.10 $233.40 $0.00 $163.13 $29,247.63
96 $29,247.63 $233.40 $0.00 $165.37 $29,646.40
97 $29,646.40 $233.40 $0.00 $167.63 $30,047.43
98 $30,047.43 $233.40 $0.00 $169.89 $30,450.72
99 $30,450.72 $233.40 $0.00 $172.17 $30,856.29
100 $30,856.29 $233.40 $0.00 $174.47 $31,264.16
101 $31,264.16 $233.40 $0.00 $176.77 $31,674.33
102 $31,674.33 $233.40 $0.00 $179.09 $32,086.82
103 $32,086.82 $233.40 $0.00 $181.42 $32,501.64
104 $32,501.64 $233.40 $0.00 $183.77 $32,918.81
105 $32,918.81 $233.40 $0.00 $186.13 $33,338.34
106 $33,338.34 $233.40 $0.00 $188.50 $33,760.24
107 $33,760.24 $233.40 $0.00 $190.89 $34,184.53
108 $34,184.53 $233.40 $0.00 $193.28 $34,611.21
109 $34,611.21 $233.40 $0.00 $195.70 $35,040.31
110 $35,040.31 $233.40 $0.00 $198.12 $35,471.83
111 $35,471.83 $233.40 $0.00 $200.56 $35,905.79
112 $35,905.79 $233.40 $0.00 $203.02 $36,342.21
113 $36,342.21 $233.40 $0.00 $205.48 $36,781.09
114 $36,781.09 $233.40 $0.00 $207.97 $37,222.46
115 $37,222.46 $233.40 $0.00 $210.46 $37,666.32
116 $37,666.32 $233.40 $0.00 $212.97 $38,112.69
117 $38,112.69 $233.40 $0.00 $215.49 $38,561.58
118 $38,561.58 $233.40 $0.00 $218.03 $39,013.01
119 $39,013.01 $233.40 $0.00 $220.59 $39,467.00
120 $39,467.00 $233.40 $0.00 $223.15 $39,923.55
121 $39,923.55 $233.40 $0.00 $225.73 $40,382.68
122 $40,382.68 $233.40 $0.00 $228.33 $40,844.41
123 $40,844.41 $233.40 $0.00 $230.94 $41,308.75
124 $41,308.75 $233.40 $0.00 $233.57 $41,775.72
125 $41,775.72 $233.40 $0.00 $236.21 $42,245.33
126 $42,245.33 $233.40 $0.00 $238.86 $42,717.59
127 $42,717.59 $233.40 $0.00 $241.53 $43,192.52
128 $43,192.52 $233.40 $0.00 $244.22 $43,670.14
129 $43,670.14 $233.40 $0.00 $246.92 $44,150.46
130 $44,150.46 $233.40 $0.00 $249.63 $44,633.49
131 $44,633.49 $233.40 $0.00 $252.36 $45,119.25
132 $45,119.25 $233.40 $0.00 $255.11 $45,607.76
133 $45,607.76 $233.40 $0.00 $257.87 $46,099.03
134 $46,099.03 $233.40 $0.00 $260.65 $46,593.08
135 $46,593.08 $233.40 $0.00 $263.44 $47,089.92
136 $47,089.92 $233.40 $0.00 $266.25 $47,589.57
137 $47,589.57 $233.40 $0.00 $269.08 $48,092.05
138 $48,092.05 $233.40 $0.00 $271.92 $48,597.37
139 $48,597.37 $233.40 $0.00 $274.78 $49,105.55
140 $49,105.55 $233.40 $0.00 $277.65 $49,616.60
141 $49,616.60 $233.40 $0.00 $280.54 $50,130.54
142 $50,130.54 $233.40 $0.00 $283.45 $50,647.39
143 $50,647.39 $233.40 $0.00 $286.37 $51,167.16
144 $51,167.16 $233.40 $0.00 $289.31 $51,689.87
145 $51,689.87 $233.40 $0.00 $292.26 $52,215.53
146 $52,215.53 $233.40 $0.00 $295.23 $52,744.16
147 $52,744.16 $233.40 $0.00 $298.22 $53,275.78
148 $53,275.78 $233.40 $0.00 $301.23 $53,810.41
149 $53,810.41 $233.40 $0.00 $304.25 $54,348.06
150 $54,348.06 $233.40 $0.00 $307.29 $54,888.75
151 $54,888.75 $233.40 $0.00 $310.35 $55,432.50
152 $55,432.50 $233.40 $0.00 $313.42 $55,979.32
153 $55,979.32 $233.40 $0.00 $316.52 $56,529.24
154 $56,529.24 $233.40 $0.00 $319.62 $57,082.26
155 $57,082.26 $233.40 $0.00 $322.75 $57,638.41
156 $57,638.41 $233.40 $0.00 $325.90 $58,197.71
157 $58,197.71 $233.40 $0.00 $329.06 $58,760.17
158 $58,760.17 $233.40 $0.00 $332.24 $59,325.81
159 $59,325.81 $233.40 $0.00 $335.44 $59,894.65
160 $59,894.65 $233.40 $0.00 $338.65 $60,466.70
161 $60,466.70 $233.40 $0.00 $341.89 $61,041.99
162 $61,041.99 $233.40 $0.00 $345.14 $61,620.53
163 $61,620.53 $233.40 $0.00 $348.41 $62,202.34
164 $62,202.34 $233.40 $0.00 $351.70 $62,787.44
165 $62,787.44 $233.40 $0.00 $355.01 $63,375.85
166 $63,375.85 $233.40 $0.00 $358.34 $63,967.59
167 $63,967.59 $233.40 $0.00 $361.68 $64,562.67
168 $64,562.67 $233.40 $0.00 $365.05 $65,161.12
169 $65,161.12 $233.40 $0.00 $368.43 $65,762.95
170 $65,762.95 $233.40 $0.00 $371.83 $66,368.18
171 $66,368.18 $233.40 $0.00 $375.26 $66,976.84
172 $66,976.84 $233.40 $0.00 $378.70 $67,588.94
173 $67,588.94 $233.40 $0.00 $382.16 $68,204.50
174 $68,204.50 $233.40 $0.00 $385.64 $68,823.54
175 $68,823.54 $233.40 $0.00 $389.14 $69,446.08
176 $69,446.08 $233.40 $0.00 $392.66 $70,072.14
177 $70,072.14 $233.40 $0.00 $396.20 $70,701.74
178 $70,701.74 $233.40 $0.00 $399.76 $71,334.90
179 $71,334.90 $233.40 $0.00 $403.34 $71,971.64
180 $71,971.64 $233.40 $0.00 $406.94 $72,611.98
181 $72,611.98 $233.40 $0.00 $410.56 $73,255.94
182 $73,255.94 $233.40 $0.00 $414.20 $73,903.54
183 $73,903.54 $233.40 $0.00 $417.86 $74,554.80
184 $74,554.80 $233.40 $0.00 $421.54 $75,209.74
185 $75,209.74 $233.40 $0.00 $425.25 $75,868.39
186 $75,868.39 $233.40 $0.00 $428.97 $76,530.76
187 $76,530.76 $233.40 $0.00 $432.72 $77,196.88
188 $77,196.88 $233.40 $0.00 $436.48 $77,866.76
189 $77,866.76 $233.40 $0.00 $440.27 $78,540.43
190 $78,540.43 $233.40 $0.00 $444.08 $79,217.91
191 $79,217.91 $233.40 $0.00 $447.91 $79,899.22
192 $79,899.22 $233.40 $0.00 $451.76 $80,584.38
193 $80,584.38 $233.40 $0.00 $455.64 $81,273.42
194 $81,273.42 $233.40 $0.00 $459.53 $81,966.35
195 $81,966.35 $233.40 $0.00 $463.45 $82,663.20
196 $82,663.20 $233.40 $0.00 $467.39 $83,363.99
197 $83,363.99 $233.40 $0.00 $471.35 $84,068.74
198 $84,068.74 $233.40 $0.00 $475.34 $84,777.48
199 $84,777.48 $233.40 $0.00 $479.34 $85,490.22
200 $85,490.22 $233.40 $0.00 $483.37 $86,206.99
201 $86,206.99 $233.40 $0.00 $487.43 $86,927.82
202 $86,927.82 $233.40 $0.00 $491.50 $87,652.72
203 $87,652.72 $233.40 $0.00 $495.60 $88,381.72
204 $88,381.72 $233.40 $0.00 $499.72 $89,114.84
205 $89,114.84 $233.40 $0.00 $503.87 $89,852.11
206 $89,852.11 $233.40 $0.00 $508.04 $90,593.55
207 $90,593.55 $233.40 $0.00 $512.23 $91,339.18
208 $91,339.18 $233.40 $0.00 $516.45 $92,089.03
209 $92,089.03 $233.40 $0.00 $520.68 $92,843.11
210 $92,843.11 $233.40 $0.00 $524.95 $93,601.46
211 $93,601.46 $233.40 $0.00 $529.24 $94,364.10
212 $94,364.10 $233.40 $0.00 $533.55 $95,131.05
213 $95,131.05 $233.40 $0.00 $537.88 $95,902.33
214 $95,902.33 $233.40 $0.00 $542.25 $96,677.98
215 $96,677.98 $233.40 $0.00 $546.63 $97,458.01
216 $97,458.01 $233.40 $0.00 $551.04 $98,242.45
217 $98,242.45 $233.40 $51,236.92 $555.48 $47,794.41
218 $47,794.41 $233.40 $0.00 $270.24 $48,298.05
219 $48,298.05 $233.40 $0.00 $273.08 $48,804.53
220 $48,804.53 $233.40 $0.00 $275.95 $49,313.88
221 $49,313.88 $233.40 $0.00 $278.83 $49,826.11
222 $49,826.11 $233.40 $0.00 $281.72 $50,341.23
223 $50,341.23 $233.40 $0.00 $284.64 $50,859.27
224 $50,859.27 $233.40 $0.00 $287.57 $51,380.24
225 $51,380.24 $233.40 $0.00 $290.51 $51,904.15
226 $51,904.15 $233.40 $0.00 $293.47 $52,431.02
227 $52,431.02 $233.40 $0.00 $296.45 $52,960.87
228 $52,960.87 $233.40 $0.00 $299.45 $53,493.72
229 $53,493.72 $0.00 $53,798.77 $302.46 ($2.59)