Savings Plan and Future Cost Estimation for Los Medanos College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$58,320
Monthly savings required$259

How much will it cost to send your child to Los Medanos College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $116,639.45 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $259.18 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$23,642.00
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 $259.18 $0.00 $0.00 $259.18
2 $259.18 $259.18 $0.00 $1.47 $519.83
3 $519.83 $259.18 $0.00 $2.94 $781.95
4 $781.95 $259.18 $0.00 $4.42 $1,045.55
5 $1,045.55 $259.18 $0.00 $5.91 $1,310.64
6 $1,310.64 $259.18 $0.00 $7.41 $1,577.23
7 $1,577.23 $259.18 $0.00 $8.92 $1,845.33
8 $1,845.33 $259.18 $0.00 $10.43 $2,114.94
9 $2,114.94 $259.18 $0.00 $11.96 $2,386.08
10 $2,386.08 $259.18 $0.00 $13.49 $2,658.75
11 $2,658.75 $259.18 $0.00 $15.03 $2,932.96
12 $2,932.96 $259.18 $0.00 $16.58 $3,208.72
13 $3,208.72 $259.18 $0.00 $18.14 $3,486.04
14 $3,486.04 $259.18 $0.00 $19.71 $3,764.93
15 $3,764.93 $259.18 $0.00 $21.29 $4,045.40
16 $4,045.40 $259.18 $0.00 $22.87 $4,327.45
17 $4,327.45 $259.18 $0.00 $24.47 $4,611.10
18 $4,611.10 $259.18 $0.00 $26.07 $4,896.35
19 $4,896.35 $259.18 $0.00 $27.68 $5,183.21
20 $5,183.21 $259.18 $0.00 $29.31 $5,471.70
21 $5,471.70 $259.18 $0.00 $30.94 $5,761.82
22 $5,761.82 $259.18 $0.00 $32.58 $6,053.58
23 $6,053.58 $259.18 $0.00 $34.23 $6,346.99
24 $6,346.99 $259.18 $0.00 $35.89 $6,642.06
25 $6,642.06 $259.18 $0.00 $37.56 $6,938.80
26 $6,938.80 $259.18 $0.00 $39.23 $7,237.21
27 $7,237.21 $259.18 $0.00 $40.92 $7,537.31
28 $7,537.31 $259.18 $0.00 $42.62 $7,839.11
29 $7,839.11 $259.18 $0.00 $44.32 $8,142.61
30 $8,142.61 $259.18 $0.00 $46.04 $8,447.83
31 $8,447.83 $259.18 $0.00 $47.77 $8,754.78
32 $8,754.78 $259.18 $0.00 $49.50 $9,063.46
33 $9,063.46 $259.18 $0.00 $51.25 $9,373.89
34 $9,373.89 $259.18 $0.00 $53.00 $9,686.07
35 $9,686.07 $259.18 $0.00 $54.77 $10,000.02
36 $10,000.02 $259.18 $0.00 $56.54 $10,315.74
37 $10,315.74 $259.18 $0.00 $58.33 $10,633.25
38 $10,633.25 $259.18 $0.00 $60.12 $10,952.55
39 $10,952.55 $259.18 $0.00 $61.93 $11,273.66
40 $11,273.66 $259.18 $0.00 $63.74 $11,596.58
41 $11,596.58 $259.18 $0.00 $65.57 $11,921.33
42 $11,921.33 $259.18 $0.00 $67.40 $12,247.91
43 $12,247.91 $259.18 $0.00 $69.25 $12,576.34
44 $12,576.34 $259.18 $0.00 $71.11 $12,906.63
45 $12,906.63 $259.18 $0.00 $72.98 $13,238.79
46 $13,238.79 $259.18 $0.00 $74.85 $13,572.82
47 $13,572.82 $259.18 $0.00 $76.74 $13,908.74
48 $13,908.74 $259.18 $0.00 $78.64 $14,246.56
49 $14,246.56 $259.18 $0.00 $80.55 $14,586.29
50 $14,586.29 $259.18 $0.00 $82.47 $14,927.94
51 $14,927.94 $259.18 $0.00 $84.40 $15,271.52
52 $15,271.52 $259.18 $0.00 $86.35 $15,617.05
53 $15,617.05 $259.18 $0.00 $88.30 $15,964.53
54 $15,964.53 $259.18 $0.00 $90.27 $16,313.98
55 $16,313.98 $259.18 $0.00 $92.24 $16,665.40
56 $16,665.40 $259.18 $0.00 $94.23 $17,018.81
57 $17,018.81 $259.18 $0.00 $96.23 $17,374.22
58 $17,374.22 $259.18 $0.00 $98.24 $17,731.64
59 $17,731.64 $259.18 $0.00 $100.26 $18,091.08
60 $18,091.08 $259.18 $0.00 $102.29 $18,452.55
61 $18,452.55 $259.18 $0.00 $104.33 $18,816.06
62 $18,816.06 $259.18 $0.00 $106.39 $19,181.63
63 $19,181.63 $259.18 $0.00 $108.46 $19,549.27
64 $19,549.27 $259.18 $0.00 $110.53 $19,918.98
65 $19,918.98 $259.18 $0.00 $112.62 $20,290.78
66 $20,290.78 $259.18 $0.00 $114.73 $20,664.69
67 $20,664.69 $259.18 $0.00 $116.84 $21,040.71
68 $21,040.71 $259.18 $0.00 $118.97 $21,418.86
69 $21,418.86 $259.18 $0.00 $121.11 $21,799.15
70 $21,799.15 $259.18 $0.00 $123.26 $22,181.59
71 $22,181.59 $259.18 $0.00 $125.42 $22,566.19
72 $22,566.19 $259.18 $0.00 $127.59 $22,952.96
73 $22,952.96 $259.18 $0.00 $129.78 $23,341.92
74 $23,341.92 $259.18 $0.00 $131.98 $23,733.08
75 $23,733.08 $259.18 $0.00 $134.19 $24,126.45
76 $24,126.45 $259.18 $0.00 $136.41 $24,522.04
77 $24,522.04 $259.18 $0.00 $138.65 $24,919.87
78 $24,919.87 $259.18 $0.00 $140.90 $25,319.95
79 $25,319.95 $259.18 $0.00 $143.16 $25,722.29
80 $25,722.29 $259.18 $0.00 $145.44 $26,126.91
81 $26,126.91 $259.18 $0.00 $147.73 $26,533.82
82 $26,533.82 $259.18 $0.00 $150.03 $26,943.03
83 $26,943.03 $259.18 $0.00 $152.34 $27,354.55
84 $27,354.55 $259.18 $0.00 $154.67 $27,768.40
85 $27,768.40 $259.18 $0.00 $157.01 $28,184.59
86 $28,184.59 $259.18 $0.00 $159.36 $28,603.13
87 $28,603.13 $259.18 $0.00 $161.73 $29,024.04
88 $29,024.04 $259.18 $0.00 $164.11 $29,447.33
89 $29,447.33 $259.18 $0.00 $166.50 $29,873.01
90 $29,873.01 $259.18 $0.00 $168.91 $30,301.10
91 $30,301.10 $259.18 $0.00 $171.33 $30,731.61
92 $30,731.61 $259.18 $0.00 $173.76 $31,164.55
93 $31,164.55 $259.18 $0.00 $176.21 $31,599.94
94 $31,599.94 $259.18 $0.00 $178.67 $32,037.79
95 $32,037.79 $259.18 $0.00 $181.15 $32,478.12
96 $32,478.12 $259.18 $0.00 $183.64 $32,920.94
97 $32,920.94 $259.18 $0.00 $186.14 $33,366.26
98 $33,366.26 $259.18 $0.00 $188.66 $33,814.10
99 $33,814.10 $259.18 $0.00 $191.19 $34,264.47
100 $34,264.47 $259.18 $0.00 $193.74 $34,717.39
101 $34,717.39 $259.18 $0.00 $196.30 $35,172.87
102 $35,172.87 $259.18 $0.00 $198.87 $35,630.92
103 $35,630.92 $259.18 $0.00 $201.46 $36,091.56
104 $36,091.56 $259.18 $0.00 $204.07 $36,554.81
105 $36,554.81 $259.18 $0.00 $206.69 $37,020.68
106 $37,020.68 $259.18 $0.00 $209.32 $37,489.18
107 $37,489.18 $259.18 $0.00 $211.97 $37,960.33
108 $37,960.33 $259.18 $0.00 $214.63 $38,434.14
109 $38,434.14 $259.18 $0.00 $217.31 $38,910.63
110 $38,910.63 $259.18 $0.00 $220.01 $39,389.82
111 $39,389.82 $259.18 $0.00 $222.72 $39,871.72
112 $39,871.72 $259.18 $0.00 $225.44 $40,356.34
113 $40,356.34 $259.18 $0.00 $228.18 $40,843.70
114 $40,843.70 $259.18 $0.00 $230.94 $41,333.82
115 $41,333.82 $259.18 $0.00 $233.71 $41,826.71
116 $41,826.71 $259.18 $0.00 $236.49 $42,322.38
117 $42,322.38 $259.18 $0.00 $239.30 $42,820.86
118 $42,820.86 $259.18 $0.00 $242.12 $43,322.16
119 $43,322.16 $259.18 $0.00 $244.95 $43,826.29
120 $43,826.29 $259.18 $0.00 $247.80 $44,333.27
121 $44,333.27 $259.18 $0.00 $250.67 $44,843.12
122 $44,843.12 $259.18 $0.00 $253.55 $45,355.85
123 $45,355.85 $259.18 $0.00 $256.45 $45,871.48
124 $45,871.48 $259.18 $0.00 $259.36 $46,390.02
125 $46,390.02 $259.18 $0.00 $262.30 $46,911.50
126 $46,911.50 $259.18 $0.00 $265.24 $47,435.92
127 $47,435.92 $259.18 $0.00 $268.21 $47,963.31
128 $47,963.31 $259.18 $0.00 $271.19 $48,493.68
129 $48,493.68 $259.18 $0.00 $274.19 $49,027.05
130 $49,027.05 $259.18 $0.00 $277.21 $49,563.44
131 $49,563.44 $259.18 $0.00 $280.24 $50,102.86
132 $50,102.86 $259.18 $0.00 $283.29 $50,645.33
133 $50,645.33 $259.18 $0.00 $286.36 $51,190.87
134 $51,190.87 $259.18 $0.00 $289.44 $51,739.49
135 $51,739.49 $259.18 $0.00 $292.54 $52,291.21
136 $52,291.21 $259.18 $0.00 $295.66 $52,846.05
137 $52,846.05 $259.18 $0.00 $298.80 $53,404.03
138 $53,404.03 $259.18 $0.00 $301.95 $53,965.16
139 $53,965.16 $259.18 $0.00 $305.13 $54,529.47
140 $54,529.47 $259.18 $0.00 $308.32 $55,096.97
141 $55,096.97 $259.18 $0.00 $311.53 $55,667.68
142 $55,667.68 $259.18 $0.00 $314.75 $56,241.61
143 $56,241.61 $259.18 $0.00 $318.00 $56,818.79
144 $56,818.79 $259.18 $0.00 $321.26 $57,399.23
145 $57,399.23 $259.18 $0.00 $324.54 $57,982.95
146 $57,982.95 $259.18 $0.00 $327.84 $58,569.97
147 $58,569.97 $259.18 $0.00 $331.16 $59,160.31
148 $59,160.31 $259.18 $0.00 $334.50 $59,753.99
149 $59,753.99 $259.18 $0.00 $337.86 $60,351.03
150 $60,351.03 $259.18 $0.00 $341.23 $60,951.44
151 $60,951.44 $259.18 $0.00 $344.63 $61,555.25
152 $61,555.25 $259.18 $0.00 $348.04 $62,162.47
153 $62,162.47 $259.18 $0.00 $351.48 $62,773.13
154 $62,773.13 $259.18 $0.00 $354.93 $63,387.24
155 $63,387.24 $259.18 $0.00 $358.40 $64,004.82
156 $64,004.82 $259.18 $0.00 $361.89 $64,625.89
157 $64,625.89 $259.18 $0.00 $365.40 $65,250.47
158 $65,250.47 $259.18 $0.00 $368.94 $65,878.59
159 $65,878.59 $259.18 $0.00 $372.49 $66,510.26
160 $66,510.26 $259.18 $0.00 $376.06 $67,145.50
161 $67,145.50 $259.18 $0.00 $379.65 $67,784.33
162 $67,784.33 $259.18 $0.00 $383.26 $68,426.77
163 $68,426.77 $259.18 $0.00 $386.89 $69,072.84
164 $69,072.84 $259.18 $0.00 $390.55 $69,722.57
165 $69,722.57 $259.18 $0.00 $394.22 $70,375.97
166 $70,375.97 $259.18 $0.00 $397.92 $71,033.07
167 $71,033.07 $259.18 $0.00 $401.63 $71,693.88
168 $71,693.88 $259.18 $0.00 $405.37 $72,358.43
169 $72,358.43 $259.18 $0.00 $409.13 $73,026.74
170 $73,026.74 $259.18 $0.00 $412.90 $73,698.82
171 $73,698.82 $259.18 $0.00 $416.70 $74,374.70
172 $74,374.70 $259.18 $0.00 $420.53 $75,054.41
173 $75,054.41 $259.18 $0.00 $424.37 $75,737.96
174 $75,737.96 $259.18 $0.00 $428.23 $76,425.37
175 $76,425.37 $259.18 $0.00 $432.12 $77,116.67
176 $77,116.67 $259.18 $0.00 $436.03 $77,811.88
177 $77,811.88 $259.18 $0.00 $439.96 $78,511.02
178 $78,511.02 $259.18 $0.00 $443.91 $79,214.11
179 $79,214.11 $259.18 $0.00 $447.89 $79,921.18
180 $79,921.18 $259.18 $0.00 $451.89 $80,632.25
181 $80,632.25 $259.18 $0.00 $455.91 $81,347.34
182 $81,347.34 $259.18 $0.00 $459.95 $82,066.47
183 $82,066.47 $259.18 $0.00 $464.02 $82,789.67
184 $82,789.67 $259.18 $0.00 $468.10 $83,516.95
185 $83,516.95 $259.18 $0.00 $472.22 $84,248.35
186 $84,248.35 $259.18 $0.00 $476.35 $84,983.88
187 $84,983.88 $259.18 $0.00 $480.51 $85,723.57
188 $85,723.57 $259.18 $0.00 $484.69 $86,467.44
189 $86,467.44 $259.18 $0.00 $488.90 $87,215.52
190 $87,215.52 $259.18 $0.00 $493.13 $87,967.83
191 $87,967.83 $259.18 $0.00 $497.38 $88,724.39
192 $88,724.39 $259.18 $0.00 $501.66 $89,485.23
193 $89,485.23 $259.18 $0.00 $505.96 $90,250.37
194 $90,250.37 $259.18 $0.00 $510.29 $91,019.84
195 $91,019.84 $259.18 $0.00 $514.64 $91,793.66
196 $91,793.66 $259.18 $0.00 $519.01 $92,571.85
197 $92,571.85 $259.18 $0.00 $523.41 $93,354.44
198 $93,354.44 $259.18 $0.00 $527.84 $94,141.46
199 $94,141.46 $259.18 $0.00 $532.29 $94,932.93
200 $94,932.93 $259.18 $0.00 $536.76 $95,728.87
201 $95,728.87 $259.18 $0.00 $541.26 $96,529.31
202 $96,529.31 $259.18 $0.00 $545.79 $97,334.28
203 $97,334.28 $259.18 $0.00 $550.34 $98,143.80
204 $98,143.80 $259.18 $0.00 $554.92 $98,957.90
205 $98,957.90 $259.18 $0.00 $559.52 $99,776.60
206 $99,776.60 $259.18 $0.00 $564.15 $100,599.93
207 $100,599.93 $259.18 $0.00 $568.81 $101,427.92
208 $101,427.92 $259.18 $0.00 $573.49 $102,260.59
209 $102,260.59 $259.18 $0.00 $578.20 $103,097.97
210 $103,097.97 $259.18 $0.00 $582.93 $103,940.08
211 $103,940.08 $259.18 $0.00 $587.69 $104,786.95
212 $104,786.95 $259.18 $0.00 $592.48 $105,638.61
213 $105,638.61 $259.18 $0.00 $597.30 $106,495.09
214 $106,495.09 $259.18 $0.00 $602.14 $107,356.41
215 $107,356.41 $259.18 $0.00 $607.01 $108,222.60
216 $108,222.60 $259.18 $0.00 $611.91 $109,093.69
217 $109,093.69 $259.18 $56,897.29 $616.83 $53,072.41
218 $53,072.41 $259.18 $0.00 $300.08 $53,631.67
219 $53,631.67 $259.18 $0.00 $303.24 $54,194.09
220 $54,194.09 $259.18 $0.00 $306.42 $54,759.69
221 $54,759.69 $259.18 $0.00 $309.62 $55,328.49
222 $55,328.49 $259.18 $0.00 $312.84 $55,900.51
223 $55,900.51 $259.18 $0.00 $316.07 $56,475.76
224 $56,475.76 $259.18 $0.00 $319.32 $57,054.26
225 $57,054.26 $259.18 $0.00 $322.59 $57,636.03
226 $57,636.03 $259.18 $0.00 $325.88 $58,221.09
227 $58,221.09 $259.18 $0.00 $329.19 $58,809.46
228 $58,809.46 $259.18 $0.00 $332.52 $59,401.16
229 $59,401.16 $0.00 $59,742.16 $335.86 ($5.14)