Savings Plan and Future Cost Estimation for Expression College for Digital Arts

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$91,901
Monthly savings required$727

How much will it cost to send your child to Expression College for Digital Arts in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $367,602.71 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $727.47 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$35,439.00
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 $727.47 $0.00 $0.00 $727.47
2 $727.47 $727.47 $0.00 $4.11 $1,459.05
3 $1,459.05 $727.47 $0.00 $8.25 $2,194.77
4 $2,194.77 $727.47 $0.00 $12.41 $2,934.65
5 $2,934.65 $727.47 $0.00 $16.59 $3,678.71
6 $3,678.71 $727.47 $0.00 $20.80 $4,426.98
7 $4,426.98 $727.47 $0.00 $25.03 $5,179.48
8 $5,179.48 $727.47 $0.00 $29.29 $5,936.24
9 $5,936.24 $727.47 $0.00 $33.56 $6,697.27
10 $6,697.27 $727.47 $0.00 $37.87 $7,462.61
11 $7,462.61 $727.47 $0.00 $42.19 $8,232.27
12 $8,232.27 $727.47 $0.00 $46.55 $9,006.29
13 $9,006.29 $727.47 $0.00 $50.92 $9,784.68
14 $9,784.68 $727.47 $0.00 $55.32 $10,567.47
15 $10,567.47 $727.47 $0.00 $59.75 $11,354.69
16 $11,354.69 $727.47 $0.00 $64.20 $12,146.36
17 $12,146.36 $727.47 $0.00 $68.68 $12,942.51
18 $12,942.51 $727.47 $0.00 $73.18 $13,743.16
19 $13,743.16 $727.47 $0.00 $77.71 $14,548.34
20 $14,548.34 $727.47 $0.00 $82.26 $15,358.07
21 $15,358.07 $727.47 $0.00 $86.84 $16,172.38
22 $16,172.38 $727.47 $0.00 $91.44 $16,991.29
23 $16,991.29 $727.47 $0.00 $96.07 $17,814.83
24 $17,814.83 $727.47 $0.00 $100.73 $18,643.03
25 $18,643.03 $727.47 $0.00 $105.41 $19,475.91
26 $19,475.91 $727.47 $0.00 $110.12 $20,313.50
27 $20,313.50 $727.47 $0.00 $114.86 $21,155.83
28 $21,155.83 $727.47 $0.00 $119.62 $22,002.92
29 $22,002.92 $727.47 $0.00 $124.41 $22,854.80
30 $22,854.80 $727.47 $0.00 $129.22 $23,711.49
31 $23,711.49 $727.47 $0.00 $134.07 $24,573.03
32 $24,573.03 $727.47 $0.00 $138.94 $25,439.44
33 $25,439.44 $727.47 $0.00 $143.84 $26,310.75
34 $26,310.75 $727.47 $0.00 $148.76 $27,186.98
35 $27,186.98 $727.47 $0.00 $153.72 $28,068.17
36 $28,068.17 $727.47 $0.00 $158.70 $28,954.34
37 $28,954.34 $727.47 $0.00 $163.71 $29,845.52
38 $29,845.52 $727.47 $0.00 $168.75 $30,741.74
39 $30,741.74 $727.47 $0.00 $173.82 $31,643.03
40 $31,643.03 $727.47 $0.00 $178.91 $32,549.41
41 $32,549.41 $727.47 $0.00 $184.04 $33,460.92
42 $33,460.92 $727.47 $0.00 $189.19 $34,377.58
43 $34,377.58 $727.47 $0.00 $194.38 $35,299.43
44 $35,299.43 $727.47 $0.00 $199.59 $36,226.49
45 $36,226.49 $727.47 $0.00 $204.83 $37,158.79
46 $37,158.79 $727.47 $0.00 $210.10 $38,096.36
47 $38,096.36 $727.47 $0.00 $215.40 $39,039.23
48 $39,039.23 $727.47 $0.00 $220.73 $39,987.43
49 $39,987.43 $727.47 $0.00 $226.09 $40,940.99
50 $40,940.99 $727.47 $0.00 $231.49 $41,899.95
51 $41,899.95 $727.47 $0.00 $236.91 $42,864.33
52 $42,864.33 $727.47 $0.00 $242.36 $43,834.16
53 $43,834.16 $727.47 $0.00 $247.84 $44,809.47
54 $44,809.47 $727.47 $0.00 $253.36 $45,790.30
55 $45,790.30 $727.47 $0.00 $258.91 $46,776.68
56 $46,776.68 $727.47 $0.00 $264.48 $47,768.63
57 $47,768.63 $727.47 $0.00 $270.09 $48,766.19
58 $48,766.19 $727.47 $0.00 $275.73 $49,769.39
59 $49,769.39 $727.47 $0.00 $281.40 $50,778.26
60 $50,778.26 $727.47 $0.00 $287.11 $51,792.84
61 $51,792.84 $727.47 $0.00 $292.84 $52,813.15
62 $52,813.15 $727.47 $0.00 $298.61 $53,839.23
63 $53,839.23 $727.47 $0.00 $304.41 $54,871.11
64 $54,871.11 $727.47 $0.00 $310.25 $55,908.83
65 $55,908.83 $727.47 $0.00 $316.12 $56,952.42
66 $56,952.42 $727.47 $0.00 $322.02 $58,001.91
67 $58,001.91 $727.47 $0.00 $327.95 $59,057.33
68 $59,057.33 $727.47 $0.00 $333.92 $60,118.72
69 $60,118.72 $727.47 $0.00 $339.92 $61,186.11
70 $61,186.11 $727.47 $0.00 $345.96 $62,259.54
71 $62,259.54 $727.47 $0.00 $352.02 $63,339.03
72 $63,339.03 $727.47 $0.00 $358.13 $64,424.63
73 $64,424.63 $727.47 $0.00 $364.27 $65,516.37
74 $65,516.37 $727.47 $0.00 $370.44 $66,614.28
75 $66,614.28 $727.47 $0.00 $376.65 $67,718.40
76 $67,718.40 $727.47 $0.00 $382.89 $68,828.76
77 $68,828.76 $727.47 $0.00 $389.17 $69,945.40
78 $69,945.40 $727.47 $0.00 $395.48 $71,068.35
79 $71,068.35 $727.47 $0.00 $401.83 $72,197.65
80 $72,197.65 $727.47 $0.00 $408.22 $73,333.34
81 $73,333.34 $727.47 $0.00 $414.64 $74,475.45
82 $74,475.45 $727.47 $0.00 $421.10 $75,624.02
83 $75,624.02 $727.47 $0.00 $427.59 $76,779.08
84 $76,779.08 $727.47 $0.00 $434.12 $77,940.67
85 $77,940.67 $727.47 $0.00 $440.69 $79,108.83
86 $79,108.83 $727.47 $0.00 $447.29 $80,283.59
87 $80,283.59 $727.47 $0.00 $453.94 $81,465.00
88 $81,465.00 $727.47 $0.00 $460.61 $82,653.08
89 $82,653.08 $727.47 $0.00 $467.33 $83,847.88
90 $83,847.88 $727.47 $0.00 $474.09 $85,049.44
91 $85,049.44 $727.47 $0.00 $480.88 $86,257.79
92 $86,257.79 $727.47 $0.00 $487.71 $87,472.97
93 $87,472.97 $727.47 $0.00 $494.58 $88,695.02
94 $88,695.02 $727.47 $0.00 $501.49 $89,923.98
95 $89,923.98 $727.47 $0.00 $508.44 $91,159.89
96 $91,159.89 $727.47 $0.00 $515.43 $92,402.79
97 $92,402.79 $727.47 $0.00 $522.46 $93,652.72
98 $93,652.72 $727.47 $0.00 $529.53 $94,909.72
99 $94,909.72 $727.47 $0.00 $536.63 $96,173.82
100 $96,173.82 $727.47 $0.00 $543.78 $97,445.07
101 $97,445.07 $727.47 $0.00 $550.97 $98,723.51
102 $98,723.51 $727.47 $0.00 $558.20 $100,009.18
103 $100,009.18 $727.47 $0.00 $565.47 $101,302.12
104 $101,302.12 $727.47 $0.00 $572.78 $102,602.37
105 $102,602.37 $727.47 $0.00 $580.13 $103,909.97
106 $103,909.97 $727.47 $0.00 $587.52 $105,224.96
107 $105,224.96 $727.47 $0.00 $594.96 $106,547.39
108 $106,547.39 $727.47 $0.00 $602.43 $107,877.29
109 $107,877.29 $727.47 $0.00 $609.95 $109,214.71
110 $109,214.71 $727.47 $0.00 $617.52 $110,559.70
111 $110,559.70 $727.47 $0.00 $625.12 $111,912.29
112 $111,912.29 $727.47 $0.00 $632.77 $113,272.53
113 $113,272.53 $727.47 $0.00 $640.46 $114,640.46
114 $114,640.46 $727.47 $0.00 $648.19 $116,016.12
115 $116,016.12 $727.47 $0.00 $655.97 $117,399.56
116 $117,399.56 $727.47 $0.00 $663.79 $118,790.82
117 $118,790.82 $727.47 $0.00 $671.66 $120,189.95
118 $120,189.95 $727.47 $0.00 $679.57 $121,596.99
119 $121,596.99 $727.47 $0.00 $687.53 $123,011.99
120 $123,011.99 $727.47 $0.00 $695.53 $124,434.99
121 $124,434.99 $727.47 $0.00 $703.57 $125,866.03
122 $125,866.03 $727.47 $0.00 $711.66 $127,305.16
123 $127,305.16 $727.47 $0.00 $719.80 $128,752.43
124 $128,752.43 $727.47 $0.00 $727.98 $130,207.88
125 $130,207.88 $727.47 $0.00 $736.21 $131,671.56
126 $131,671.56 $727.47 $0.00 $744.49 $133,143.52
127 $133,143.52 $727.47 $0.00 $752.81 $134,623.80
128 $134,623.80 $727.47 $0.00 $761.18 $136,112.45
129 $136,112.45 $727.47 $0.00 $769.60 $137,609.52
130 $137,609.52 $727.47 $0.00 $778.06 $139,115.05
131 $139,115.05 $727.47 $0.00 $786.58 $140,629.10
132 $140,629.10 $727.47 $0.00 $795.14 $142,151.71
133 $142,151.71 $727.47 $0.00 $803.75 $143,682.93
134 $143,682.93 $727.47 $0.00 $812.40 $145,222.80
135 $145,222.80 $727.47 $0.00 $821.11 $146,771.38
136 $146,771.38 $727.47 $0.00 $829.87 $148,328.72
137 $148,328.72 $727.47 $0.00 $838.67 $149,894.86
138 $149,894.86 $727.47 $0.00 $847.53 $151,469.86
139 $151,469.86 $727.47 $0.00 $856.43 $153,053.76
140 $153,053.76 $727.47 $0.00 $865.39 $154,646.62
141 $154,646.62 $727.47 $0.00 $874.39 $156,248.48
142 $156,248.48 $727.47 $0.00 $883.45 $157,859.40
143 $157,859.40 $727.47 $0.00 $892.56 $159,479.43
144 $159,479.43 $727.47 $0.00 $901.72 $161,108.62
145 $161,108.62 $727.47 $0.00 $910.93 $162,747.02
146 $162,747.02 $727.47 $0.00 $920.20 $164,394.69
147 $164,394.69 $727.47 $0.00 $929.51 $166,051.67
148 $166,051.67 $727.47 $0.00 $938.88 $167,718.02
149 $167,718.02 $727.47 $0.00 $948.30 $169,393.79
150 $169,393.79 $727.47 $0.00 $957.78 $171,079.04
151 $171,079.04 $727.47 $0.00 $967.31 $172,773.82
152 $172,773.82 $727.47 $0.00 $976.89 $174,478.18
153 $174,478.18 $727.47 $0.00 $986.52 $176,192.17
154 $176,192.17 $727.47 $0.00 $996.22 $177,915.86
155 $177,915.86 $727.47 $0.00 $1,005.96 $179,649.29
156 $179,649.29 $727.47 $0.00 $1,015.76 $181,392.52
157 $181,392.52 $727.47 $0.00 $1,025.62 $183,145.61
158 $183,145.61 $727.47 $0.00 $1,035.53 $184,908.61
159 $184,908.61 $727.47 $0.00 $1,045.50 $186,681.58
160 $186,681.58 $727.47 $0.00 $1,055.52 $188,464.57
161 $188,464.57 $727.47 $0.00 $1,065.61 $190,257.65
162 $190,257.65 $727.47 $0.00 $1,075.74 $192,060.86
163 $192,060.86 $727.47 $0.00 $1,085.94 $193,874.27
164 $193,874.27 $727.47 $0.00 $1,096.19 $195,697.93
165 $195,697.93 $727.47 $0.00 $1,106.50 $197,531.90
166 $197,531.90 $727.47 $0.00 $1,116.87 $199,376.24
167 $199,376.24 $727.47 $0.00 $1,127.30 $201,231.01
168 $201,231.01 $727.47 $0.00 $1,137.79 $203,096.27
169 $203,096.27 $727.47 $0.00 $1,148.34 $204,972.08
170 $204,972.08 $727.47 $0.00 $1,158.94 $206,858.49
171 $206,858.49 $727.47 $0.00 $1,169.61 $208,755.57
172 $208,755.57 $727.47 $0.00 $1,180.33 $210,663.37
173 $210,663.37 $727.47 $0.00 $1,191.12 $212,581.96
174 $212,581.96 $727.47 $0.00 $1,201.97 $214,511.40
175 $214,511.40 $727.47 $0.00 $1,212.88 $216,451.75
176 $216,451.75 $727.47 $0.00 $1,223.85 $218,403.07
177 $218,403.07 $727.47 $0.00 $1,234.88 $220,365.42
178 $220,365.42 $727.47 $0.00 $1,245.98 $222,338.87
179 $222,338.87 $727.47 $0.00 $1,257.14 $224,323.48
180 $224,323.48 $727.47 $0.00 $1,268.36 $226,319.31
181 $226,319.31 $727.47 $0.00 $1,279.64 $228,326.42
182 $228,326.42 $727.47 $0.00 $1,290.99 $230,344.88
183 $230,344.88 $727.47 $0.00 $1,302.40 $232,374.75
184 $232,374.75 $727.47 $0.00 $1,313.88 $234,416.10
185 $234,416.10 $727.47 $0.00 $1,325.42 $236,468.99
186 $236,468.99 $727.47 $0.00 $1,337.03 $238,533.49
187 $238,533.49 $727.47 $0.00 $1,348.70 $240,609.66
188 $240,609.66 $727.47 $0.00 $1,360.44 $242,697.57
189 $242,697.57 $727.47 $0.00 $1,372.25 $244,797.29
190 $244,797.29 $727.47 $0.00 $1,384.12 $246,908.88
191 $246,908.88 $727.47 $0.00 $1,396.06 $249,032.41
192 $249,032.41 $727.47 $0.00 $1,408.07 $251,167.95
193 $251,167.95 $727.47 $0.00 $1,420.14 $253,315.56
194 $253,315.56 $727.47 $0.00 $1,432.28 $255,475.31
195 $255,475.31 $727.47 $0.00 $1,444.49 $257,647.27
196 $257,647.27 $727.47 $0.00 $1,456.78 $259,831.52
197 $259,831.52 $727.47 $0.00 $1,469.13 $262,028.12
198 $262,028.12 $727.47 $0.00 $1,481.55 $264,237.14
199 $264,237.14 $727.47 $0.00 $1,494.04 $266,458.65
200 $266,458.65 $727.47 $0.00 $1,506.60 $268,692.72
201 $268,692.72 $727.47 $0.00 $1,519.23 $270,939.42
202 $270,939.42 $727.47 $0.00 $1,531.93 $273,198.82
203 $273,198.82 $727.47 $0.00 $1,544.71 $275,471.00
204 $275,471.00 $727.47 $0.00 $1,557.55 $277,756.02
205 $277,756.02 $727.47 $0.00 $1,570.47 $280,053.96
206 $280,053.96 $727.47 $0.00 $1,583.47 $282,364.90
207 $282,364.90 $727.47 $0.00 $1,596.53 $284,688.90
208 $284,688.90 $727.47 $0.00 $1,609.67 $287,026.04
209 $287,026.04 $727.47 $0.00 $1,622.89 $289,376.40
210 $289,376.40 $727.47 $0.00 $1,636.18 $291,740.05
211 $291,740.05 $727.47 $0.00 $1,649.54 $294,117.06
212 $294,117.06 $727.47 $0.00 $1,662.98 $296,507.51
213 $296,507.51 $727.47 $0.00 $1,676.50 $298,911.48
214 $298,911.48 $727.47 $0.00 $1,690.09 $301,329.04
215 $301,329.04 $727.47 $0.00 $1,703.76 $303,760.27
216 $303,760.27 $727.47 $0.00 $1,717.50 $306,205.24
217 $306,205.24 $727.47 $85,288.18 $1,731.33 $223,375.86
218 $223,375.86 $727.47 $0.00 $1,263.00 $225,366.33
219 $225,366.33 $727.47 $0.00 $1,274.25 $227,368.05
220 $227,368.05 $727.47 $0.00 $1,285.57 $229,381.09
221 $229,381.09 $727.47 $0.00 $1,296.95 $231,405.51
222 $231,405.51 $727.47 $0.00 $1,308.40 $233,441.38
223 $233,441.38 $727.47 $0.00 $1,319.91 $235,488.76
224 $235,488.76 $727.47 $0.00 $1,331.49 $237,547.72
225 $237,547.72 $727.47 $0.00 $1,343.13 $239,618.32
226 $239,618.32 $727.47 $0.00 $1,354.84 $241,700.63
227 $241,700.63 $727.47 $0.00 $1,366.61 $243,794.71
228 $243,794.71 $727.47 $0.00 $1,378.45 $245,900.63
229 $245,900.63 $727.47 $89,552.59 $1,390.36 $158,465.87
230 $158,465.87 $727.47 $0.00 $895.99 $160,089.33
231 $160,089.33 $727.47 $0.00 $905.17 $161,721.97
232 $161,721.97 $727.47 $0.00 $914.40 $163,363.84
233 $163,363.84 $727.47 $0.00 $923.68 $165,014.99
234 $165,014.99 $727.47 $0.00 $933.02 $166,675.48
235 $166,675.48 $727.47 $0.00 $942.41 $168,345.36
236 $168,345.36 $727.47 $0.00 $951.85 $170,024.68
237 $170,024.68 $727.47 $0.00 $961.34 $171,713.49
238 $171,713.49 $727.47 $0.00 $970.89 $173,411.85
239 $173,411.85 $727.47 $0.00 $980.50 $175,119.82
240 $175,119.82 $727.47 $0.00 $990.15 $176,837.44
241 $176,837.44 $727.47 $94,030.22 $999.86 $84,534.55
242 $84,534.55 $727.47 $0.00 $477.97 $85,739.99
243 $85,739.99 $727.47 $0.00 $484.79 $86,952.25
244 $86,952.25 $727.47 $0.00 $491.64 $88,171.36
245 $88,171.36 $727.47 $0.00 $498.53 $89,397.36
246 $89,397.36 $727.47 $0.00 $505.47 $90,630.30
247 $90,630.30 $727.47 $0.00 $512.44 $91,870.21
248 $91,870.21 $727.47 $0.00 $519.45 $93,117.13
249 $93,117.13 $727.47 $0.00 $526.50 $94,371.10
250 $94,371.10 $727.47 $0.00 $533.59 $95,632.16
251 $95,632.16 $727.47 $0.00 $540.72 $96,900.35
252 $96,900.35 $727.47 $0.00 $547.89 $98,175.71
253 $98,175.71 $0.00 $98,731.73 $555.10 ($0.92)