Savings Plan and Future Cost Estimation for California State Polytechnic University Pomona

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$74,015
Monthly savings required$586

How much will it cost to send your child to California State Polytechnic University Pomona in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $296,061.31 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $585.88 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$28,542.00
Years until enrollment18
Annual Tuition Increase5%
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 $585.88 $0.00 $0.00 $585.88
2 $585.88 $585.88 $0.00 $3.31 $1,175.07
3 $1,175.07 $585.88 $0.00 $6.64 $1,767.59
4 $1,767.59 $585.88 $0.00 $9.99 $2,363.46
5 $2,363.46 $585.88 $0.00 $13.36 $2,962.70
6 $2,962.70 $585.88 $0.00 $16.75 $3,565.33
7 $3,565.33 $585.88 $0.00 $20.16 $4,171.37
8 $4,171.37 $585.88 $0.00 $23.59 $4,780.84
9 $4,780.84 $585.88 $0.00 $27.03 $5,393.75
10 $5,393.75 $585.88 $0.00 $30.50 $6,010.13
11 $6,010.13 $585.88 $0.00 $33.98 $6,629.99
12 $6,629.99 $585.88 $0.00 $37.49 $7,253.36
13 $7,253.36 $585.88 $0.00 $41.01 $7,880.25
14 $7,880.25 $585.88 $0.00 $44.56 $8,510.69
15 $8,510.69 $585.88 $0.00 $48.12 $9,144.69
16 $9,144.69 $585.88 $0.00 $51.71 $9,782.28
17 $9,782.28 $585.88 $0.00 $55.31 $10,423.47
18 $10,423.47 $585.88 $0.00 $58.94 $11,068.29
19 $11,068.29 $585.88 $0.00 $62.58 $11,716.75
20 $11,716.75 $585.88 $0.00 $66.25 $12,368.88
21 $12,368.88 $585.88 $0.00 $69.94 $13,024.70
22 $13,024.70 $585.88 $0.00 $73.64 $13,684.22
23 $13,684.22 $585.88 $0.00 $77.37 $14,347.47
24 $14,347.47 $585.88 $0.00 $81.12 $15,014.47
25 $15,014.47 $585.88 $0.00 $84.89 $15,685.24
26 $15,685.24 $585.88 $0.00 $88.69 $16,359.81
27 $16,359.81 $585.88 $0.00 $92.50 $17,038.19
28 $17,038.19 $585.88 $0.00 $96.34 $17,720.41
29 $17,720.41 $585.88 $0.00 $100.19 $18,406.48
30 $18,406.48 $585.88 $0.00 $104.07 $19,096.43
31 $19,096.43 $585.88 $0.00 $107.97 $19,790.28
32 $19,790.28 $585.88 $0.00 $111.90 $20,488.06
33 $20,488.06 $585.88 $0.00 $115.84 $21,189.78
34 $21,189.78 $585.88 $0.00 $119.81 $21,895.47
35 $21,895.47 $585.88 $0.00 $123.80 $22,605.15
36 $22,605.15 $585.88 $0.00 $127.81 $23,318.84
37 $23,318.84 $585.88 $0.00 $131.85 $24,036.57
38 $24,036.57 $585.88 $0.00 $135.91 $24,758.36
39 $24,758.36 $585.88 $0.00 $139.99 $25,484.23
40 $25,484.23 $585.88 $0.00 $144.09 $26,214.20
41 $26,214.20 $585.88 $0.00 $148.22 $26,948.30
42 $26,948.30 $585.88 $0.00 $152.37 $27,686.55
43 $27,686.55 $585.88 $0.00 $156.54 $28,428.97
44 $28,428.97 $585.88 $0.00 $160.74 $29,175.59
45 $29,175.59 $585.88 $0.00 $164.96 $29,926.43
46 $29,926.43 $585.88 $0.00 $169.21 $30,681.52
47 $30,681.52 $585.88 $0.00 $173.48 $31,440.88
48 $31,440.88 $585.88 $0.00 $177.77 $32,204.53
49 $32,204.53 $585.88 $0.00 $182.09 $32,972.50
50 $32,972.50 $585.88 $0.00 $186.43 $33,744.81
51 $33,744.81 $585.88 $0.00 $190.80 $34,521.49
52 $34,521.49 $585.88 $0.00 $195.19 $35,302.56
53 $35,302.56 $585.88 $0.00 $199.61 $36,088.05
54 $36,088.05 $585.88 $0.00 $204.05 $36,877.98
55 $36,877.98 $585.88 $0.00 $208.51 $37,672.37
56 $37,672.37 $585.88 $0.00 $213.01 $38,471.26
57 $38,471.26 $585.88 $0.00 $217.52 $39,274.66
58 $39,274.66 $585.88 $0.00 $222.06 $40,082.60
59 $40,082.60 $585.88 $0.00 $226.63 $40,895.11
60 $40,895.11 $585.88 $0.00 $231.23 $41,712.22
61 $41,712.22 $585.88 $0.00 $235.85 $42,533.95
62 $42,533.95 $585.88 $0.00 $240.49 $43,360.32
63 $43,360.32 $585.88 $0.00 $245.17 $44,191.37
64 $44,191.37 $585.88 $0.00 $249.86 $45,027.11
65 $45,027.11 $585.88 $0.00 $254.59 $45,867.58
66 $45,867.58 $585.88 $0.00 $259.34 $46,712.80
67 $46,712.80 $585.88 $0.00 $264.12 $47,562.80
68 $47,562.80 $585.88 $0.00 $268.93 $48,417.61
69 $48,417.61 $585.88 $0.00 $273.76 $49,277.25
70 $49,277.25 $585.88 $0.00 $278.62 $50,141.75
71 $50,141.75 $585.88 $0.00 $283.51 $51,011.14
72 $51,011.14 $585.88 $0.00 $288.42 $51,885.44
73 $51,885.44 $585.88 $0.00 $293.37 $52,764.69
74 $52,764.69 $585.88 $0.00 $298.34 $53,648.91
75 $53,648.91 $585.88 $0.00 $303.34 $54,538.13
76 $54,538.13 $585.88 $0.00 $308.37 $55,432.38
77 $55,432.38 $585.88 $0.00 $313.42 $56,331.68
78 $56,331.68 $585.88 $0.00 $318.51 $57,236.07
79 $57,236.07 $585.88 $0.00 $323.62 $58,145.57
80 $58,145.57 $585.88 $0.00 $328.76 $59,060.21
81 $59,060.21 $585.88 $0.00 $333.94 $59,980.03
82 $59,980.03 $585.88 $0.00 $339.14 $60,905.05
83 $60,905.05 $585.88 $0.00 $344.37 $61,835.30
84 $61,835.30 $585.88 $0.00 $349.63 $62,770.81
85 $62,770.81 $585.88 $0.00 $354.92 $63,711.61
86 $63,711.61 $585.88 $0.00 $360.23 $64,657.72
87 $64,657.72 $585.88 $0.00 $365.58 $65,609.18
88 $65,609.18 $585.88 $0.00 $370.96 $66,566.02
89 $66,566.02 $585.88 $0.00 $376.37 $67,528.27
90 $67,528.27 $585.88 $0.00 $381.81 $68,495.96
91 $68,495.96 $585.88 $0.00 $387.29 $69,469.13
92 $69,469.13 $585.88 $0.00 $392.79 $70,447.80
93 $70,447.80 $585.88 $0.00 $398.32 $71,432.00
94 $71,432.00 $585.88 $0.00 $403.89 $72,421.77
95 $72,421.77 $585.88 $0.00 $409.48 $73,417.13
96 $73,417.13 $585.88 $0.00 $415.11 $74,418.12
97 $74,418.12 $585.88 $0.00 $420.77 $75,424.77
98 $75,424.77 $585.88 $0.00 $426.46 $76,437.11
99 $76,437.11 $585.88 $0.00 $432.19 $77,455.18
100 $77,455.18 $585.88 $0.00 $437.94 $78,479.00
101 $78,479.00 $585.88 $0.00 $443.73 $79,508.61
102 $79,508.61 $585.88 $0.00 $449.55 $80,544.04
103 $80,544.04 $585.88 $0.00 $455.41 $81,585.33
104 $81,585.33 $585.88 $0.00 $461.30 $82,632.51
105 $82,632.51 $585.88 $0.00 $467.22 $83,685.61
106 $83,685.61 $585.88 $0.00 $473.17 $84,744.66
107 $84,744.66 $585.88 $0.00 $479.16 $85,809.70
108 $85,809.70 $585.88 $0.00 $485.18 $86,880.76
109 $86,880.76 $585.88 $0.00 $491.24 $87,957.88
110 $87,957.88 $585.88 $0.00 $497.33 $89,041.09
111 $89,041.09 $585.88 $0.00 $503.45 $90,130.42
112 $90,130.42 $585.88 $0.00 $509.61 $91,225.91
113 $91,225.91 $585.88 $0.00 $515.80 $92,327.59
114 $92,327.59 $585.88 $0.00 $522.03 $93,435.50
115 $93,435.50 $585.88 $0.00 $528.30 $94,549.68
116 $94,549.68 $585.88 $0.00 $534.60 $95,670.16
117 $95,670.16 $585.88 $0.00 $540.93 $96,796.97
118 $96,796.97 $585.88 $0.00 $547.30 $97,930.15
119 $97,930.15 $585.88 $0.00 $553.71 $99,069.74
120 $99,069.74 $585.88 $0.00 $560.15 $100,215.77
121 $100,215.77 $585.88 $0.00 $566.63 $101,368.28
122 $101,368.28 $585.88 $0.00 $573.15 $102,527.31
123 $102,527.31 $585.88 $0.00 $579.70 $103,692.89
124 $103,692.89 $585.88 $0.00 $586.29 $104,865.06
125 $104,865.06 $585.88 $0.00 $592.92 $106,043.86
126 $106,043.86 $585.88 $0.00 $599.59 $107,229.33
127 $107,229.33 $585.88 $0.00 $606.29 $108,421.50
128 $108,421.50 $585.88 $0.00 $613.03 $109,620.41
129 $109,620.41 $585.88 $0.00 $619.81 $110,826.10
130 $110,826.10 $585.88 $0.00 $626.63 $112,038.61
131 $112,038.61 $585.88 $0.00 $633.48 $113,257.97
132 $113,257.97 $585.88 $0.00 $640.38 $114,484.23
133 $114,484.23 $585.88 $0.00 $647.31 $115,717.42
134 $115,717.42 $585.88 $0.00 $654.28 $116,957.58
135 $116,957.58 $585.88 $0.00 $661.30 $118,204.76
136 $118,204.76 $585.88 $0.00 $668.35 $119,458.99
137 $119,458.99 $585.88 $0.00 $675.44 $120,720.31
138 $120,720.31 $585.88 $0.00 $682.57 $121,988.76
139 $121,988.76 $585.88 $0.00 $689.74 $123,264.38
140 $123,264.38 $585.88 $0.00 $696.95 $124,547.21
141 $124,547.21 $585.88 $0.00 $704.21 $125,837.30
142 $125,837.30 $585.88 $0.00 $711.50 $127,134.68
143 $127,134.68 $585.88 $0.00 $718.84 $128,439.40
144 $128,439.40 $585.88 $0.00 $726.22 $129,751.50
145 $129,751.50 $585.88 $0.00 $733.63 $131,071.01
146 $131,071.01 $585.88 $0.00 $741.09 $132,397.98
147 $132,397.98 $585.88 $0.00 $748.60 $133,732.46
148 $133,732.46 $585.88 $0.00 $756.14 $135,074.48
149 $135,074.48 $585.88 $0.00 $763.73 $136,424.09
150 $136,424.09 $585.88 $0.00 $771.36 $137,781.33
151 $137,781.33 $585.88 $0.00 $779.04 $139,146.25
152 $139,146.25 $585.88 $0.00 $786.75 $140,518.88
153 $140,518.88 $585.88 $0.00 $794.51 $141,899.27
154 $141,899.27 $585.88 $0.00 $802.32 $143,287.47
155 $143,287.47 $585.88 $0.00 $810.17 $144,683.52
156 $144,683.52 $585.88 $0.00 $818.06 $146,087.46
157 $146,087.46 $585.88 $0.00 $826.00 $147,499.34
158 $147,499.34 $585.88 $0.00 $833.98 $148,919.20
159 $148,919.20 $585.88 $0.00 $842.01 $150,347.09
160 $150,347.09 $585.88 $0.00 $850.08 $151,783.05
161 $151,783.05 $585.88 $0.00 $858.20 $153,227.13
162 $153,227.13 $585.88 $0.00 $866.37 $154,679.38
163 $154,679.38 $585.88 $0.00 $874.58 $156,139.84
164 $156,139.84 $585.88 $0.00 $882.84 $157,608.56
165 $157,608.56 $585.88 $0.00 $891.14 $159,085.58
166 $159,085.58 $585.88 $0.00 $899.49 $160,570.95
167 $160,570.95 $585.88 $0.00 $907.89 $162,064.72
168 $162,064.72 $585.88 $0.00 $916.34 $163,566.94
169 $163,566.94 $585.88 $0.00 $924.83 $165,077.65
170 $165,077.65 $585.88 $0.00 $933.37 $166,596.90
171 $166,596.90 $585.88 $0.00 $941.96 $168,124.74
172 $168,124.74 $585.88 $0.00 $950.60 $169,661.22
173 $169,661.22 $585.88 $0.00 $959.29 $171,206.39
174 $171,206.39 $585.88 $0.00 $968.03 $172,760.30
175 $172,760.30 $585.88 $0.00 $976.81 $174,322.99
176 $174,322.99 $585.88 $0.00 $985.65 $175,894.52
177 $175,894.52 $585.88 $0.00 $994.53 $177,474.93
178 $177,474.93 $585.88 $0.00 $1,003.47 $179,064.28
179 $179,064.28 $585.88 $0.00 $1,012.46 $180,662.62
180 $180,662.62 $585.88 $0.00 $1,021.49 $182,269.99
181 $182,269.99 $585.88 $0.00 $1,030.58 $183,886.45
182 $183,886.45 $585.88 $0.00 $1,039.72 $185,512.05
183 $185,512.05 $585.88 $0.00 $1,048.91 $187,146.84
184 $187,146.84 $585.88 $0.00 $1,058.16 $188,790.88
185 $188,790.88 $585.88 $0.00 $1,067.45 $190,444.21
186 $190,444.21 $585.88 $0.00 $1,076.80 $192,106.89
187 $192,106.89 $585.88 $0.00 $1,086.20 $193,778.97
188 $193,778.97 $585.88 $0.00 $1,095.65 $195,460.50
189 $195,460.50 $585.88 $0.00 $1,105.16 $197,151.54
190 $197,151.54 $585.88 $0.00 $1,114.72 $198,852.14
191 $198,852.14 $585.88 $0.00 $1,124.34 $200,562.36
192 $200,562.36 $585.88 $0.00 $1,134.01 $202,282.25
193 $202,282.25 $585.88 $0.00 $1,143.73 $204,011.86
194 $204,011.86 $585.88 $0.00 $1,153.51 $205,751.25
195 $205,751.25 $585.88 $0.00 $1,163.35 $207,500.48
196 $207,500.48 $585.88 $0.00 $1,173.24 $209,259.60
197 $209,259.60 $585.88 $0.00 $1,183.18 $211,028.66
198 $211,028.66 $585.88 $0.00 $1,193.19 $212,807.73
199 $212,807.73 $585.88 $0.00 $1,203.25 $214,596.86
200 $214,596.86 $585.88 $0.00 $1,213.36 $216,396.10
201 $216,396.10 $585.88 $0.00 $1,223.54 $218,205.52
202 $218,205.52 $585.88 $0.00 $1,233.77 $220,025.17
203 $220,025.17 $585.88 $0.00 $1,244.05 $221,855.10
204 $221,855.10 $585.88 $0.00 $1,254.40 $223,695.38
205 $223,695.38 $585.88 $0.00 $1,264.81 $225,546.07
206 $225,546.07 $585.88 $0.00 $1,275.27 $227,407.22
207 $227,407.22 $585.88 $0.00 $1,285.79 $229,278.89
208 $229,278.89 $585.88 $0.00 $1,296.38 $231,161.15
209 $231,161.15 $585.88 $0.00 $1,307.02 $233,054.05
210 $233,054.05 $585.88 $0.00 $1,317.72 $234,957.65
211 $234,957.65 $585.88 $0.00 $1,328.48 $236,872.01
212 $236,872.01 $585.88 $0.00 $1,339.31 $238,797.20
213 $238,797.20 $585.88 $0.00 $1,350.19 $240,733.27
214 $240,733.27 $585.88 $0.00 $1,361.14 $242,680.29
215 $242,680.29 $585.88 $0.00 $1,372.15 $244,638.32
216 $244,638.32 $585.88 $0.00 $1,383.22 $246,607.42
217 $246,607.42 $585.88 $68,689.73 $1,394.35 $179,897.92
218 $179,897.92 $585.88 $0.00 $1,017.17 $181,500.97
219 $181,500.97 $585.88 $0.00 $1,026.23 $183,113.08
220 $183,113.08 $585.88 $0.00 $1,035.35 $184,734.31
221 $184,734.31 $585.88 $0.00 $1,044.51 $186,364.70
222 $186,364.70 $585.88 $0.00 $1,053.73 $188,004.31
223 $188,004.31 $585.88 $0.00 $1,063.00 $189,653.19
224 $189,653.19 $585.88 $0.00 $1,072.33 $191,311.40
225 $191,311.40 $585.88 $0.00 $1,081.70 $192,978.98
226 $192,978.98 $585.88 $0.00 $1,091.13 $194,655.99
227 $194,655.99 $585.88 $0.00 $1,100.61 $196,342.48
228 $196,342.48 $585.88 $0.00 $1,110.15 $198,038.51
229 $198,038.51 $585.88 $72,124.21 $1,119.74 $127,619.92
230 $127,619.92 $585.88 $0.00 $721.58 $128,927.38
231 $128,927.38 $585.88 $0.00 $728.97 $130,242.23
232 $130,242.23 $585.88 $0.00 $736.41 $131,564.52
233 $131,564.52 $585.88 $0.00 $743.88 $132,894.28
234 $132,894.28 $585.88 $0.00 $751.40 $134,231.56
235 $134,231.56 $585.88 $0.00 $758.96 $135,576.40
236 $135,576.40 $585.88 $0.00 $766.57 $136,928.85
237 $136,928.85 $585.88 $0.00 $774.22 $138,288.95
238 $138,288.95 $585.88 $0.00 $781.91 $139,656.74
239 $139,656.74 $585.88 $0.00 $789.64 $141,032.26
240 $141,032.26 $585.88 $0.00 $797.42 $142,415.56
241 $142,415.56 $585.88 $75,730.42 $805.24 $68,076.26
242 $68,076.26 $585.88 $0.00 $384.91 $69,047.05
243 $69,047.05 $585.88 $0.00 $390.40 $70,023.33
244 $70,023.33 $585.88 $0.00 $395.92 $71,005.13
245 $71,005.13 $585.88 $0.00 $401.47 $71,992.48
246 $71,992.48 $585.88 $0.00 $407.06 $72,985.42
247 $72,985.42 $585.88 $0.00 $412.67 $73,983.97
248 $73,983.97 $585.88 $0.00 $418.32 $74,988.17
249 $74,988.17 $585.88 $0.00 $423.99 $75,998.04
250 $75,998.04 $585.88 $0.00 $429.70 $77,013.62
251 $77,013.62 $585.88 $0.00 $435.45 $78,034.95
252 $78,034.95 $585.88 $0.00 $441.22 $79,062.05
253 $79,062.05 $0.00 $79,516.94 $447.03 ($7.86)