## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2038 \$141,628 Monthly savings required \$1,121

How much will it cost to send your child to American Jewish University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$566,512.10 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$1,121.10 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 \$54,615.00 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 American Jewish University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$1,121.10 \$0.00 \$0.00 \$1,121.10
2 \$1,121.10 \$1,121.10 \$0.00 \$6.34 \$2,248.54
3 \$2,248.54 \$1,121.10 \$0.00 \$12.71 \$3,382.35
4 \$3,382.35 \$1,121.10 \$0.00 \$19.12 \$4,522.57
5 \$4,522.57 \$1,121.10 \$0.00 \$25.57 \$5,669.24
6 \$5,669.24 \$1,121.10 \$0.00 \$32.05 \$6,822.39
7 \$6,822.39 \$1,121.10 \$0.00 \$38.57 \$7,982.06
8 \$7,982.06 \$1,121.10 \$0.00 \$45.13 \$9,148.29
9 \$9,148.29 \$1,121.10 \$0.00 \$51.73 \$10,321.12
10 \$10,321.12 \$1,121.10 \$0.00 \$58.36 \$11,500.58
11 \$11,500.58 \$1,121.10 \$0.00 \$65.03 \$12,686.71
12 \$12,686.71 \$1,121.10 \$0.00 \$71.73 \$13,879.54
13 \$13,879.54 \$1,121.10 \$0.00 \$78.48 \$15,079.12
14 \$15,079.12 \$1,121.10 \$0.00 \$85.26 \$16,285.48
15 \$16,285.48 \$1,121.10 \$0.00 \$92.08 \$17,498.66
16 \$17,498.66 \$1,121.10 \$0.00 \$98.94 \$18,718.70
17 \$18,718.70 \$1,121.10 \$0.00 \$105.84 \$19,945.64
18 \$19,945.64 \$1,121.10 \$0.00 \$112.78 \$21,179.52
19 \$21,179.52 \$1,121.10 \$0.00 \$119.75 \$22,420.37
20 \$22,420.37 \$1,121.10 \$0.00 \$126.77 \$23,668.24
21 \$23,668.24 \$1,121.10 \$0.00 \$133.82 \$24,923.16
22 \$24,923.16 \$1,121.10 \$0.00 \$140.92 \$26,185.18
23 \$26,185.18 \$1,121.10 \$0.00 \$148.05 \$27,454.33
24 \$27,454.33 \$1,121.10 \$0.00 \$155.23 \$28,730.66
25 \$28,730.66 \$1,121.10 \$0.00 \$162.45 \$30,014.21
26 \$30,014.21 \$1,121.10 \$0.00 \$169.70 \$31,305.01
27 \$31,305.01 \$1,121.10 \$0.00 \$177.00 \$32,603.11
28 \$32,603.11 \$1,121.10 \$0.00 \$184.34 \$33,908.55
29 \$33,908.55 \$1,121.10 \$0.00 \$191.72 \$35,221.37
30 \$35,221.37 \$1,121.10 \$0.00 \$199.15 \$36,541.62
31 \$36,541.62 \$1,121.10 \$0.00 \$206.61 \$37,869.33
32 \$37,869.33 \$1,121.10 \$0.00 \$214.12 \$39,204.55
33 \$39,204.55 \$1,121.10 \$0.00 \$221.67 \$40,547.32
34 \$40,547.32 \$1,121.10 \$0.00 \$229.26 \$41,897.68
35 \$41,897.68 \$1,121.10 \$0.00 \$236.90 \$43,255.68
36 \$43,255.68 \$1,121.10 \$0.00 \$244.57 \$44,621.35
37 \$44,621.35 \$1,121.10 \$0.00 \$252.30 \$45,994.75
38 \$45,994.75 \$1,121.10 \$0.00 \$260.06 \$47,375.91
39 \$47,375.91 \$1,121.10 \$0.00 \$267.87 \$48,764.88
40 \$48,764.88 \$1,121.10 \$0.00 \$275.72 \$50,161.70
41 \$50,161.70 \$1,121.10 \$0.00 \$283.62 \$51,566.42
42 \$51,566.42 \$1,121.10 \$0.00 \$291.56 \$52,979.08
43 \$52,979.08 \$1,121.10 \$0.00 \$299.55 \$54,399.73
44 \$54,399.73 \$1,121.10 \$0.00 \$307.58 \$55,828.41
45 \$55,828.41 \$1,121.10 \$0.00 \$315.66 \$57,265.17
46 \$57,265.17 \$1,121.10 \$0.00 \$323.79 \$58,710.06
47 \$58,710.06 \$1,121.10 \$0.00 \$331.96 \$60,163.12
48 \$60,163.12 \$1,121.10 \$0.00 \$340.17 \$61,624.39
49 \$61,624.39 \$1,121.10 \$0.00 \$348.43 \$63,093.92
50 \$63,093.92 \$1,121.10 \$0.00 \$356.74 \$64,571.76
51 \$64,571.76 \$1,121.10 \$0.00 \$365.10 \$66,057.96
52 \$66,057.96 \$1,121.10 \$0.00 \$373.50 \$67,552.56
53 \$67,552.56 \$1,121.10 \$0.00 \$381.95 \$69,055.61
54 \$69,055.61 \$1,121.10 \$0.00 \$390.45 \$70,567.16
55 \$70,567.16 \$1,121.10 \$0.00 \$399.00 \$72,087.26
56 \$72,087.26 \$1,121.10 \$0.00 \$407.59 \$73,615.95
57 \$73,615.95 \$1,121.10 \$0.00 \$416.24 \$75,153.29
58 \$75,153.29 \$1,121.10 \$0.00 \$424.93 \$76,699.32
59 \$76,699.32 \$1,121.10 \$0.00 \$433.67 \$78,254.09
60 \$78,254.09 \$1,121.10 \$0.00 \$442.46 \$79,817.65
61 \$79,817.65 \$1,121.10 \$0.00 \$451.30 \$81,390.05
62 \$81,390.05 \$1,121.10 \$0.00 \$460.19 \$82,971.34
63 \$82,971.34 \$1,121.10 \$0.00 \$469.13 \$84,561.57
64 \$84,561.57 \$1,121.10 \$0.00 \$478.12 \$86,160.79
65 \$86,160.79 \$1,121.10 \$0.00 \$487.17 \$87,769.06
66 \$87,769.06 \$1,121.10 \$0.00 \$496.26 \$89,386.42
67 \$89,386.42 \$1,121.10 \$0.00 \$505.40 \$91,012.92
68 \$91,012.92 \$1,121.10 \$0.00 \$514.60 \$92,648.62
69 \$92,648.62 \$1,121.10 \$0.00 \$523.85 \$94,293.57
70 \$94,293.57 \$1,121.10 \$0.00 \$533.15 \$95,947.82
71 \$95,947.82 \$1,121.10 \$0.00 \$542.50 \$97,611.42
72 \$97,611.42 \$1,121.10 \$0.00 \$551.91 \$99,284.43
73 \$99,284.43 \$1,121.10 \$0.00 \$561.37 \$100,966.90
74 \$100,966.90 \$1,121.10 \$0.00 \$570.88 \$102,658.88
75 \$102,658.88 \$1,121.10 \$0.00 \$580.45 \$104,360.43
76 \$104,360.43 \$1,121.10 \$0.00 \$590.07 \$106,071.60
77 \$106,071.60 \$1,121.10 \$0.00 \$599.74 \$107,792.44
78 \$107,792.44 \$1,121.10 \$0.00 \$609.47 \$109,523.01
79 \$109,523.01 \$1,121.10 \$0.00 \$619.26 \$111,263.37
80 \$111,263.37 \$1,121.10 \$0.00 \$629.10 \$113,013.57
81 \$113,013.57 \$1,121.10 \$0.00 \$639.00 \$114,773.67
82 \$114,773.67 \$1,121.10 \$0.00 \$648.95 \$116,543.72
83 \$116,543.72 \$1,121.10 \$0.00 \$658.96 \$118,323.78
84 \$118,323.78 \$1,121.10 \$0.00 \$669.02 \$120,113.90
85 \$120,113.90 \$1,121.10 \$0.00 \$679.14 \$121,914.14
86 \$121,914.14 \$1,121.10 \$0.00 \$689.32 \$123,724.56
87 \$123,724.56 \$1,121.10 \$0.00 \$699.56 \$125,545.22
88 \$125,545.22 \$1,121.10 \$0.00 \$709.85 \$127,376.17
89 \$127,376.17 \$1,121.10 \$0.00 \$720.20 \$129,217.47
90 \$129,217.47 \$1,121.10 \$0.00 \$730.61 \$131,069.18
91 \$131,069.18 \$1,121.10 \$0.00 \$741.08 \$132,931.36
92 \$132,931.36 \$1,121.10 \$0.00 \$751.61 \$134,804.07
93 \$134,804.07 \$1,121.10 \$0.00 \$762.20 \$136,687.37
94 \$136,687.37 \$1,121.10 \$0.00 \$772.85 \$138,581.32
95 \$138,581.32 \$1,121.10 \$0.00 \$783.56 \$140,485.98
96 \$140,485.98 \$1,121.10 \$0.00 \$794.33 \$142,401.41
97 \$142,401.41 \$1,121.10 \$0.00 \$805.16 \$144,327.67
98 \$144,327.67 \$1,121.10 \$0.00 \$816.05 \$146,264.82
99 \$146,264.82 \$1,121.10 \$0.00 \$827.00 \$148,212.92
100 \$148,212.92 \$1,121.10 \$0.00 \$838.02 \$150,172.04
101 \$150,172.04 \$1,121.10 \$0.00 \$849.09 \$152,142.23
102 \$152,142.23 \$1,121.10 \$0.00 \$860.23 \$154,123.56
103 \$154,123.56 \$1,121.10 \$0.00 \$871.44 \$156,116.10
104 \$156,116.10 \$1,121.10 \$0.00 \$882.70 \$158,119.90
105 \$158,119.90 \$1,121.10 \$0.00 \$894.03 \$160,135.03
106 \$160,135.03 \$1,121.10 \$0.00 \$905.43 \$162,161.56
107 \$162,161.56 \$1,121.10 \$0.00 \$916.89 \$164,199.55
108 \$164,199.55 \$1,121.10 \$0.00 \$928.41 \$166,249.06
109 \$166,249.06 \$1,121.10 \$0.00 \$940.00 \$168,310.16
110 \$168,310.16 \$1,121.10 \$0.00 \$951.65 \$170,382.91
111 \$170,382.91 \$1,121.10 \$0.00 \$963.37 \$172,467.38
112 \$172,467.38 \$1,121.10 \$0.00 \$975.16 \$174,563.64
113 \$174,563.64 \$1,121.10 \$0.00 \$987.01 \$176,671.75
114 \$176,671.75 \$1,121.10 \$0.00 \$998.93 \$178,791.78
115 \$178,791.78 \$1,121.10 \$0.00 \$1,010.91 \$180,923.79
116 \$180,923.79 \$1,121.10 \$0.00 \$1,022.97 \$183,067.86
117 \$183,067.86 \$1,121.10 \$0.00 \$1,035.09 \$185,224.05
118 \$185,224.05 \$1,121.10 \$0.00 \$1,047.28 \$187,392.43
119 \$187,392.43 \$1,121.10 \$0.00 \$1,059.54 \$189,573.07
120 \$189,573.07 \$1,121.10 \$0.00 \$1,071.87 \$191,766.04
121 \$191,766.04 \$1,121.10 \$0.00 \$1,084.27 \$193,971.41
122 \$193,971.41 \$1,121.10 \$0.00 \$1,096.74 \$196,189.25
123 \$196,189.25 \$1,121.10 \$0.00 \$1,109.28 \$198,419.63
124 \$198,419.63 \$1,121.10 \$0.00 \$1,121.89 \$200,662.62
125 \$200,662.62 \$1,121.10 \$0.00 \$1,134.58 \$202,918.30
126 \$202,918.30 \$1,121.10 \$0.00 \$1,147.33 \$205,186.73
127 \$205,186.73 \$1,121.10 \$0.00 \$1,160.16 \$207,467.99
128 \$207,467.99 \$1,121.10 \$0.00 \$1,173.05 \$209,762.14
129 \$209,762.14 \$1,121.10 \$0.00 \$1,186.03 \$212,069.27
130 \$212,069.27 \$1,121.10 \$0.00 \$1,199.07 \$214,389.44
131 \$214,389.44 \$1,121.10 \$0.00 \$1,212.19 \$216,722.73
132 \$216,722.73 \$1,121.10 \$0.00 \$1,225.38 \$219,069.21
133 \$219,069.21 \$1,121.10 \$0.00 \$1,238.65 \$221,428.96
134 \$221,428.96 \$1,121.10 \$0.00 \$1,251.99 \$223,802.05
135 \$223,802.05 \$1,121.10 \$0.00 \$1,265.41 \$226,188.56
136 \$226,188.56 \$1,121.10 \$0.00 \$1,278.90 \$228,588.56
137 \$228,588.56 \$1,121.10 \$0.00 \$1,292.47 \$231,002.13
138 \$231,002.13 \$1,121.10 \$0.00 \$1,306.12 \$233,429.35
139 \$233,429.35 \$1,121.10 \$0.00 \$1,319.84 \$235,870.29
140 \$235,870.29 \$1,121.10 \$0.00 \$1,333.64 \$238,325.03
141 \$238,325.03 \$1,121.10 \$0.00 \$1,347.52 \$240,793.65
142 \$240,793.65 \$1,121.10 \$0.00 \$1,361.48 \$243,276.23
143 \$243,276.23 \$1,121.10 \$0.00 \$1,375.52 \$245,772.85
144 \$245,772.85 \$1,121.10 \$0.00 \$1,389.64 \$248,283.59
145 \$248,283.59 \$1,121.10 \$0.00 \$1,403.83 \$250,808.52
146 \$250,808.52 \$1,121.10 \$0.00 \$1,418.11 \$253,347.73
147 \$253,347.73 \$1,121.10 \$0.00 \$1,432.46 \$255,901.29
148 \$255,901.29 \$1,121.10 \$0.00 \$1,446.90 \$258,469.29
149 \$258,469.29 \$1,121.10 \$0.00 \$1,461.42 \$261,051.81
150 \$261,051.81 \$1,121.10 \$0.00 \$1,476.02 \$263,648.93
151 \$263,648.93 \$1,121.10 \$0.00 \$1,490.71 \$266,260.74
152 \$266,260.74 \$1,121.10 \$0.00 \$1,505.48 \$268,887.32
153 \$268,887.32 \$1,121.10 \$0.00 \$1,520.33 \$271,528.75
154 \$271,528.75 \$1,121.10 \$0.00 \$1,535.26 \$274,185.11
155 \$274,185.11 \$1,121.10 \$0.00 \$1,550.28 \$276,856.49
156 \$276,856.49 \$1,121.10 \$0.00 \$1,565.39 \$279,542.98
157 \$279,542.98 \$1,121.10 \$0.00 \$1,580.58 \$282,244.66
158 \$282,244.66 \$1,121.10 \$0.00 \$1,595.85 \$284,961.61
159 \$284,961.61 \$1,121.10 \$0.00 \$1,611.21 \$287,693.92
160 \$287,693.92 \$1,121.10 \$0.00 \$1,626.66 \$290,441.68
161 \$290,441.68 \$1,121.10 \$0.00 \$1,642.20 \$293,204.98
162 \$293,204.98 \$1,121.10 \$0.00 \$1,657.82 \$295,983.90
163 \$295,983.90 \$1,121.10 \$0.00 \$1,673.54 \$298,778.54
164 \$298,778.54 \$1,121.10 \$0.00 \$1,689.34 \$301,588.98
165 \$301,588.98 \$1,121.10 \$0.00 \$1,705.23 \$304,415.31
166 \$304,415.31 \$1,121.10 \$0.00 \$1,721.21 \$307,257.62
167 \$307,257.62 \$1,121.10 \$0.00 \$1,737.28 \$310,116.00
168 \$310,116.00 \$1,121.10 \$0.00 \$1,753.44 \$312,990.54
169 \$312,990.54 \$1,121.10 \$0.00 \$1,769.69 \$315,881.33
170 \$315,881.33 \$1,121.10 \$0.00 \$1,786.04 \$318,788.47
171 \$318,788.47 \$1,121.10 \$0.00 \$1,802.48 \$321,712.05
172 \$321,712.05 \$1,121.10 \$0.00 \$1,819.01 \$324,652.16
173 \$324,652.16 \$1,121.10 \$0.00 \$1,835.63 \$327,608.89
174 \$327,608.89 \$1,121.10 \$0.00 \$1,852.35 \$330,582.34
175 \$330,582.34 \$1,121.10 \$0.00 \$1,869.16 \$333,572.60
176 \$333,572.60 \$1,121.10 \$0.00 \$1,886.07 \$336,579.77
177 \$336,579.77 \$1,121.10 \$0.00 \$1,903.07 \$339,603.94
178 \$339,603.94 \$1,121.10 \$0.00 \$1,920.17 \$342,645.21
179 \$342,645.21 \$1,121.10 \$0.00 \$1,937.37 \$345,703.68
180 \$345,703.68 \$1,121.10 \$0.00 \$1,954.66 \$348,779.44
181 \$348,779.44 \$1,121.10 \$0.00 \$1,972.05 \$351,872.59
182 \$351,872.59 \$1,121.10 \$0.00 \$1,989.54 \$354,983.23
183 \$354,983.23 \$1,121.10 \$0.00 \$2,007.13 \$358,111.46
184 \$358,111.46 \$1,121.10 \$0.00 \$2,024.81 \$361,257.37
185 \$361,257.37 \$1,121.10 \$0.00 \$2,042.60 \$364,421.07
186 \$364,421.07 \$1,121.10 \$0.00 \$2,060.49 \$367,602.66
187 \$367,602.66 \$1,121.10 \$0.00 \$2,078.48 \$370,802.24
188 \$370,802.24 \$1,121.10 \$0.00 \$2,096.57 \$374,019.91
189 \$374,019.91 \$1,121.10 \$0.00 \$2,114.76 \$377,255.77
190 \$377,255.77 \$1,121.10 \$0.00 \$2,133.06 \$380,509.93
191 \$380,509.93 \$1,121.10 \$0.00 \$2,151.46 \$383,782.49
192 \$383,782.49 \$1,121.10 \$0.00 \$2,169.96 \$387,073.55
193 \$387,073.55 \$1,121.10 \$0.00 \$2,188.57 \$390,383.22
194 \$390,383.22 \$1,121.10 \$0.00 \$2,207.28 \$393,711.60
195 \$393,711.60 \$1,121.10 \$0.00 \$2,226.10 \$397,058.80
196 \$397,058.80 \$1,121.10 \$0.00 \$2,245.03 \$400,424.93
197 \$400,424.93 \$1,121.10 \$0.00 \$2,264.06 \$403,810.09
198 \$403,810.09 \$1,121.10 \$0.00 \$2,283.20 \$407,214.39
199 \$407,214.39 \$1,121.10 \$0.00 \$2,302.45 \$410,637.94
200 \$410,637.94 \$1,121.10 \$0.00 \$2,321.81 \$414,080.85
201 \$414,080.85 \$1,121.10 \$0.00 \$2,341.27 \$417,543.22
202 \$417,543.22 \$1,121.10 \$0.00 \$2,360.85 \$421,025.17
203 \$421,025.17 \$1,121.10 \$0.00 \$2,380.54 \$424,526.81
204 \$424,526.81 \$1,121.10 \$0.00 \$2,400.34 \$428,048.25
205 \$428,048.25 \$1,121.10 \$0.00 \$2,420.25 \$431,589.60
206 \$431,589.60 \$1,121.10 \$0.00 \$2,440.27 \$435,150.97
207 \$435,150.97 \$1,121.10 \$0.00 \$2,460.41 \$438,732.48
208 \$438,732.48 \$1,121.10 \$0.00 \$2,480.66 \$442,334.24
209 \$442,334.24 \$1,121.10 \$0.00 \$2,501.02 \$445,956.36
210 \$445,956.36 \$1,121.10 \$0.00 \$2,521.50 \$449,598.96
211 \$449,598.96 \$1,121.10 \$0.00 \$2,542.10 \$453,262.16
212 \$453,262.16 \$1,121.10 \$0.00 \$2,562.81 \$456,946.07
213 \$456,946.07 \$1,121.10 \$0.00 \$2,583.64 \$460,650.81
214 \$460,650.81 \$1,121.10 \$0.00 \$2,604.59 \$464,376.50
215 \$464,376.50 \$1,121.10 \$0.00 \$2,625.65 \$468,123.25
216 \$468,123.25 \$1,121.10 \$0.00 \$2,646.84 \$471,891.19
217 \$471,891.19 \$1,121.10 \$131,437.51 \$2,668.14 \$344,242.92
218 \$344,242.92 \$1,121.10 \$0.00 \$1,946.40 \$347,310.42
219 \$347,310.42 \$1,121.10 \$0.00 \$1,963.74 \$350,395.26
220 \$350,395.26 \$1,121.10 \$0.00 \$1,981.19 \$353,497.55
221 \$353,497.55 \$1,121.10 \$0.00 \$1,998.73 \$356,617.38
222 \$356,617.38 \$1,121.10 \$0.00 \$2,016.37 \$359,754.85
223 \$359,754.85 \$1,121.10 \$0.00 \$2,034.11 \$362,910.06
224 \$362,910.06 \$1,121.10 \$0.00 \$2,051.95 \$366,083.11
225 \$366,083.11 \$1,121.10 \$0.00 \$2,069.89 \$369,274.10
226 \$369,274.10 \$1,121.10 \$0.00 \$2,087.93 \$372,483.13
227 \$372,483.13 \$1,121.10 \$0.00 \$2,106.07 \$375,710.30
228 \$375,710.30 \$1,121.10 \$0.00 \$2,124.32 \$378,955.72
229 \$378,955.72 \$1,121.10 \$138,009.38 \$2,142.67 \$244,210.11
230 \$244,210.11 \$1,121.10 \$0.00 \$1,380.80 \$246,712.01
231 \$246,712.01 \$1,121.10 \$0.00 \$1,394.95 \$249,228.06
232 \$249,228.06 \$1,121.10 \$0.00 \$1,409.17 \$251,758.33
233 \$251,758.33 \$1,121.10 \$0.00 \$1,423.48 \$254,302.91
234 \$254,302.91 \$1,121.10 \$0.00 \$1,437.87 \$256,861.88
235 \$256,861.88 \$1,121.10 \$0.00 \$1,452.33 \$259,435.31
236 \$259,435.31 \$1,121.10 \$0.00 \$1,466.88 \$262,023.29
237 \$262,023.29 \$1,121.10 \$0.00 \$1,481.52 \$264,625.91
238 \$264,625.91 \$1,121.10 \$0.00 \$1,496.23 \$267,243.24
239 \$267,243.24 \$1,121.10 \$0.00 \$1,511.03 \$269,875.37
240 \$269,875.37 \$1,121.10 \$0.00 \$1,525.91 \$272,522.38
241 \$272,522.38 \$1,121.10 \$144,909.85 \$1,540.88 \$130,274.51
242 \$130,274.51 \$1,121.10 \$0.00 \$736.59 \$132,132.20
243 \$132,132.20 \$1,121.10 \$0.00 \$747.09 \$134,000.39
244 \$134,000.39 \$1,121.10 \$0.00 \$757.66 \$135,879.15
245 \$135,879.15 \$1,121.10 \$0.00 \$768.28 \$137,768.53
246 \$137,768.53 \$1,121.10 \$0.00 \$778.96 \$139,668.59
247 \$139,668.59 \$1,121.10 \$0.00 \$789.71 \$141,579.40
248 \$141,579.40 \$1,121.10 \$0.00 \$800.51 \$143,501.01
249 \$143,501.01 \$1,121.10 \$0.00 \$811.38 \$145,433.49
250 \$145,433.49 \$1,121.10 \$0.00 \$822.30 \$147,376.89
251 \$147,376.89 \$1,121.10 \$0.00 \$833.29 \$149,331.28
252 \$149,331.28 \$1,121.10 \$0.00 \$844.34 \$151,296.72
253 \$151,296.72 \$0.00 \$152,155.35 \$855.45 (\$3.18)