Savings Plan and Future Cost Estimation for Riverside City College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$65,646
Monthly savings required$292

How much will it cost to send your child to Riverside City College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $131,292.15 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $291.75 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$26,612.00
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 $291.75 $0.00 $0.00 $291.75
2 $291.75 $291.75 $0.00 $1.65 $585.15
3 $585.15 $291.75 $0.00 $3.31 $880.21
4 $880.21 $291.75 $0.00 $4.98 $1,176.94
5 $1,176.94 $291.75 $0.00 $6.65 $1,475.34
6 $1,475.34 $291.75 $0.00 $8.34 $1,775.43
7 $1,775.43 $291.75 $0.00 $10.04 $2,077.22
8 $2,077.22 $291.75 $0.00 $11.74 $2,380.71
9 $2,380.71 $291.75 $0.00 $13.46 $2,685.92
10 $2,685.92 $291.75 $0.00 $15.19 $2,992.86
11 $2,992.86 $291.75 $0.00 $16.92 $3,301.53
12 $3,301.53 $291.75 $0.00 $18.67 $3,611.95
13 $3,611.95 $291.75 $0.00 $20.42 $3,924.12
14 $3,924.12 $291.75 $0.00 $22.19 $4,238.06
15 $4,238.06 $291.75 $0.00 $23.96 $4,553.77
16 $4,553.77 $291.75 $0.00 $25.75 $4,871.27
17 $4,871.27 $291.75 $0.00 $27.54 $5,190.56
18 $5,190.56 $291.75 $0.00 $29.35 $5,511.66
19 $5,511.66 $291.75 $0.00 $31.16 $5,834.57
20 $5,834.57 $291.75 $0.00 $32.99 $6,159.31
21 $6,159.31 $291.75 $0.00 $34.83 $6,485.89
22 $6,485.89 $291.75 $0.00 $36.67 $6,814.31
23 $6,814.31 $291.75 $0.00 $38.53 $7,144.59
24 $7,144.59 $291.75 $0.00 $40.40 $7,476.74
25 $7,476.74 $291.75 $0.00 $42.27 $7,810.76
26 $7,810.76 $291.75 $0.00 $44.16 $8,146.67
27 $8,146.67 $291.75 $0.00 $46.06 $8,484.48
28 $8,484.48 $291.75 $0.00 $47.97 $8,824.20
29 $8,824.20 $291.75 $0.00 $49.89 $9,165.84
30 $9,165.84 $291.75 $0.00 $51.82 $9,509.41
31 $9,509.41 $291.75 $0.00 $53.77 $9,854.93
32 $9,854.93 $291.75 $0.00 $55.72 $10,202.40
33 $10,202.40 $291.75 $0.00 $57.69 $10,551.84
34 $10,551.84 $291.75 $0.00 $59.66 $10,903.25
35 $10,903.25 $291.75 $0.00 $61.65 $11,256.65
36 $11,256.65 $291.75 $0.00 $63.65 $11,612.05
37 $11,612.05 $291.75 $0.00 $65.66 $11,969.46
38 $11,969.46 $291.75 $0.00 $67.68 $12,328.89
39 $12,328.89 $291.75 $0.00 $69.71 $12,690.35
40 $12,690.35 $291.75 $0.00 $71.75 $13,053.85
41 $13,053.85 $291.75 $0.00 $73.81 $13,419.41
42 $13,419.41 $291.75 $0.00 $75.88 $13,787.04
43 $13,787.04 $291.75 $0.00 $77.95 $14,156.74
44 $14,156.74 $291.75 $0.00 $80.04 $14,528.53
45 $14,528.53 $291.75 $0.00 $82.15 $14,902.43
46 $14,902.43 $291.75 $0.00 $84.26 $15,278.44
47 $15,278.44 $291.75 $0.00 $86.39 $15,656.58
48 $15,656.58 $291.75 $0.00 $88.52 $16,036.85
49 $16,036.85 $291.75 $0.00 $90.67 $16,419.27
50 $16,419.27 $291.75 $0.00 $92.84 $16,803.86
51 $16,803.86 $291.75 $0.00 $95.01 $17,190.62
52 $17,190.62 $291.75 $0.00 $97.20 $17,579.57
53 $17,579.57 $291.75 $0.00 $99.40 $17,970.72
54 $17,970.72 $291.75 $0.00 $101.61 $18,364.08
55 $18,364.08 $291.75 $0.00 $103.83 $18,759.66
56 $18,759.66 $291.75 $0.00 $106.07 $19,157.48
57 $19,157.48 $291.75 $0.00 $108.32 $19,557.55
58 $19,557.55 $291.75 $0.00 $110.58 $19,959.88
59 $19,959.88 $291.75 $0.00 $112.86 $20,364.49
60 $20,364.49 $291.75 $0.00 $115.14 $20,771.38
61 $20,771.38 $291.75 $0.00 $117.44 $21,180.57
62 $21,180.57 $291.75 $0.00 $119.76 $21,592.08
63 $21,592.08 $291.75 $0.00 $122.08 $22,005.91
64 $22,005.91 $291.75 $0.00 $124.42 $22,422.08
65 $22,422.08 $291.75 $0.00 $126.78 $22,840.61
66 $22,840.61 $291.75 $0.00 $129.14 $23,261.50
67 $23,261.50 $291.75 $0.00 $131.52 $23,684.77
68 $23,684.77 $291.75 $0.00 $133.92 $24,110.44
69 $24,110.44 $291.75 $0.00 $136.32 $24,538.51
70 $24,538.51 $291.75 $0.00 $138.74 $24,969.00
71 $24,969.00 $291.75 $0.00 $141.18 $25,401.93
72 $25,401.93 $291.75 $0.00 $143.63 $25,837.31
73 $25,837.31 $291.75 $0.00 $146.09 $26,275.15
74 $26,275.15 $291.75 $0.00 $148.56 $26,715.46
75 $26,715.46 $291.75 $0.00 $151.05 $27,158.26
76 $27,158.26 $291.75 $0.00 $153.56 $27,603.57
77 $27,603.57 $291.75 $0.00 $156.07 $28,051.39
78 $28,051.39 $291.75 $0.00 $158.61 $28,501.75
79 $28,501.75 $291.75 $0.00 $161.15 $28,954.65
80 $28,954.65 $291.75 $0.00 $163.71 $29,410.11
81 $29,410.11 $291.75 $0.00 $166.29 $29,868.15
82 $29,868.15 $291.75 $0.00 $168.88 $30,328.78
83 $30,328.78 $291.75 $0.00 $171.48 $30,792.01
84 $30,792.01 $291.75 $0.00 $174.10 $31,257.86
85 $31,257.86 $291.75 $0.00 $176.74 $31,726.35
86 $31,726.35 $291.75 $0.00 $179.39 $32,197.49
87 $32,197.49 $291.75 $0.00 $182.05 $32,671.29
88 $32,671.29 $291.75 $0.00 $184.73 $33,147.77
89 $33,147.77 $291.75 $0.00 $187.42 $33,626.94
90 $33,626.94 $291.75 $0.00 $190.13 $34,108.82
91 $34,108.82 $291.75 $0.00 $192.86 $34,593.43
92 $34,593.43 $291.75 $0.00 $195.60 $35,080.78
93 $35,080.78 $291.75 $0.00 $198.35 $35,570.88
94 $35,570.88 $291.75 $0.00 $201.12 $36,063.75
95 $36,063.75 $291.75 $0.00 $203.91 $36,559.41
96 $36,559.41 $291.75 $0.00 $206.71 $37,057.87
97 $37,057.87 $291.75 $0.00 $209.53 $37,559.15
98 $37,559.15 $291.75 $0.00 $212.36 $38,063.26
99 $38,063.26 $291.75 $0.00 $215.22 $38,570.23
100 $38,570.23 $291.75 $0.00 $218.08 $39,080.06
101 $39,080.06 $291.75 $0.00 $220.96 $39,592.77
102 $39,592.77 $291.75 $0.00 $223.86 $40,108.38
103 $40,108.38 $291.75 $0.00 $226.78 $40,626.91
104 $40,626.91 $291.75 $0.00 $229.71 $41,148.37
105 $41,148.37 $291.75 $0.00 $232.66 $41,672.78
106 $41,672.78 $291.75 $0.00 $235.62 $42,200.15
107 $42,200.15 $291.75 $0.00 $238.61 $42,730.51
108 $42,730.51 $291.75 $0.00 $241.60 $43,263.86
109 $43,263.86 $291.75 $0.00 $244.62 $43,800.23
110 $43,800.23 $291.75 $0.00 $247.65 $44,339.63
111 $44,339.63 $291.75 $0.00 $250.70 $44,882.08
112 $44,882.08 $291.75 $0.00 $253.77 $45,427.60
113 $45,427.60 $291.75 $0.00 $256.85 $45,976.20
114 $45,976.20 $291.75 $0.00 $259.96 $46,527.91
115 $46,527.91 $291.75 $0.00 $263.08 $47,082.74
116 $47,082.74 $291.75 $0.00 $266.21 $47,640.70
117 $47,640.70 $291.75 $0.00 $269.37 $48,201.82
118 $48,201.82 $291.75 $0.00 $272.54 $48,766.11
119 $48,766.11 $291.75 $0.00 $275.73 $49,333.59
120 $49,333.59 $291.75 $0.00 $278.94 $49,904.28
121 $49,904.28 $291.75 $0.00 $282.17 $50,478.20
122 $50,478.20 $291.75 $0.00 $285.41 $51,055.36
123 $51,055.36 $291.75 $0.00 $288.67 $51,635.78
124 $51,635.78 $291.75 $0.00 $291.96 $52,219.49
125 $52,219.49 $291.75 $0.00 $295.26 $52,806.50
126 $52,806.50 $291.75 $0.00 $298.58 $53,396.83
127 $53,396.83 $291.75 $0.00 $301.91 $53,990.49
128 $53,990.49 $291.75 $0.00 $305.27 $54,587.51
129 $54,587.51 $291.75 $0.00 $308.65 $55,187.91
130 $55,187.91 $291.75 $0.00 $312.04 $55,791.70
131 $55,791.70 $291.75 $0.00 $315.45 $56,398.90
132 $56,398.90 $291.75 $0.00 $318.89 $57,009.54
133 $57,009.54 $291.75 $0.00 $322.34 $57,623.63
134 $57,623.63 $291.75 $0.00 $325.81 $58,241.19
135 $58,241.19 $291.75 $0.00 $329.30 $58,862.24
136 $58,862.24 $291.75 $0.00 $332.82 $59,486.81
137 $59,486.81 $291.75 $0.00 $336.35 $60,114.91
138 $60,114.91 $291.75 $0.00 $339.90 $60,746.56
139 $60,746.56 $291.75 $0.00 $343.47 $61,381.78
140 $61,381.78 $291.75 $0.00 $347.06 $62,020.59
141 $62,020.59 $291.75 $0.00 $350.67 $62,663.01
142 $62,663.01 $291.75 $0.00 $354.31 $63,309.07
143 $63,309.07 $291.75 $0.00 $357.96 $63,958.78
144 $63,958.78 $291.75 $0.00 $361.63 $64,612.16
145 $64,612.16 $291.75 $0.00 $365.33 $65,269.24
146 $65,269.24 $291.75 $0.00 $369.04 $65,930.03
147 $65,930.03 $291.75 $0.00 $372.78 $66,594.56
148 $66,594.56 $291.75 $0.00 $376.54 $67,262.85
149 $67,262.85 $291.75 $0.00 $380.31 $67,934.91
150 $67,934.91 $291.75 $0.00 $384.11 $68,610.77
151 $68,610.77 $291.75 $0.00 $387.94 $69,290.46
152 $69,290.46 $291.75 $0.00 $391.78 $69,973.99
153 $69,973.99 $291.75 $0.00 $395.64 $70,661.38
154 $70,661.38 $291.75 $0.00 $399.53 $71,352.66
155 $71,352.66 $291.75 $0.00 $403.44 $72,047.85
156 $72,047.85 $291.75 $0.00 $407.37 $72,746.97
157 $72,746.97 $291.75 $0.00 $411.32 $73,450.04
158 $73,450.04 $291.75 $0.00 $415.30 $74,157.09
159 $74,157.09 $291.75 $0.00 $419.29 $74,868.13
160 $74,868.13 $291.75 $0.00 $423.32 $75,583.20
161 $75,583.20 $291.75 $0.00 $427.36 $76,302.31
162 $76,302.31 $291.75 $0.00 $431.42 $77,025.48
163 $77,025.48 $291.75 $0.00 $435.51 $77,752.74
164 $77,752.74 $291.75 $0.00 $439.63 $78,484.12
165 $78,484.12 $291.75 $0.00 $443.76 $79,219.63
166 $79,219.63 $291.75 $0.00 $447.92 $79,959.30
167 $79,959.30 $291.75 $0.00 $452.10 $80,703.15
168 $80,703.15 $291.75 $0.00 $456.31 $81,451.21
169 $81,451.21 $291.75 $0.00 $460.54 $82,203.50
170 $82,203.50 $291.75 $0.00 $464.79 $82,960.04
171 $82,960.04 $291.75 $0.00 $469.07 $83,720.86
172 $83,720.86 $291.75 $0.00 $473.37 $84,485.98
173 $84,485.98 $291.75 $0.00 $477.70 $85,255.43
174 $85,255.43 $291.75 $0.00 $482.05 $86,029.23
175 $86,029.23 $291.75 $0.00 $486.42 $86,807.40
176 $86,807.40 $291.75 $0.00 $490.82 $87,589.97
177 $87,589.97 $291.75 $0.00 $495.25 $88,376.97
178 $88,376.97 $291.75 $0.00 $499.70 $89,168.42
179 $89,168.42 $291.75 $0.00 $504.17 $89,964.34
180 $89,964.34 $291.75 $0.00 $508.67 $90,764.76
181 $90,764.76 $291.75 $0.00 $513.20 $91,569.71
182 $91,569.71 $291.75 $0.00 $517.75 $92,379.21
183 $92,379.21 $291.75 $0.00 $522.33 $93,193.29
184 $93,193.29 $291.75 $0.00 $526.93 $94,011.97
185 $94,011.97 $291.75 $0.00 $531.56 $94,835.28
186 $94,835.28 $291.75 $0.00 $536.21 $95,663.24
187 $95,663.24 $291.75 $0.00 $540.89 $96,495.88
188 $96,495.88 $291.75 $0.00 $545.60 $97,333.23
189 $97,333.23 $291.75 $0.00 $550.34 $98,175.32
190 $98,175.32 $291.75 $0.00 $555.10 $99,022.17
191 $99,022.17 $291.75 $0.00 $559.89 $99,873.81
192 $99,873.81 $291.75 $0.00 $564.70 $100,730.26
193 $100,730.26 $291.75 $0.00 $569.54 $101,591.55
194 $101,591.55 $291.75 $0.00 $574.41 $102,457.71
195 $102,457.71 $291.75 $0.00 $579.31 $103,328.77
196 $103,328.77 $291.75 $0.00 $584.24 $104,204.76
197 $104,204.76 $291.75 $0.00 $589.19 $105,085.70
198 $105,085.70 $291.75 $0.00 $594.17 $105,971.62
199 $105,971.62 $291.75 $0.00 $599.18 $106,862.55
200 $106,862.55 $291.75 $0.00 $604.22 $107,758.52
201 $107,758.52 $291.75 $0.00 $609.28 $108,659.55
202 $108,659.55 $291.75 $0.00 $614.38 $109,565.68
203 $109,565.68 $291.75 $0.00 $619.50 $110,476.93
204 $110,476.93 $291.75 $0.00 $624.65 $111,393.33
205 $111,393.33 $291.75 $0.00 $629.83 $112,314.91
206 $112,314.91 $291.75 $0.00 $635.04 $113,241.70
207 $113,241.70 $291.75 $0.00 $640.29 $114,173.74
208 $114,173.74 $291.75 $0.00 $645.55 $115,111.04
209 $115,111.04 $291.75 $0.00 $650.85 $116,053.64
210 $116,053.64 $291.75 $0.00 $656.18 $117,001.57
211 $117,001.57 $291.75 $0.00 $661.54 $117,954.86
212 $117,954.86 $291.75 $0.00 $666.93 $118,913.54
213 $118,913.54 $291.75 $0.00 $672.35 $119,877.64
214 $119,877.64 $291.75 $0.00 $677.81 $120,847.20
215 $120,847.20 $291.75 $0.00 $683.29 $121,822.24
216 $121,822.24 $291.75 $0.00 $688.80 $122,802.79
217 $122,802.79 $291.75 $64,044.95 $694.34 $59,743.93
218 $59,743.93 $291.75 $0.00 $337.80 $60,373.48
219 $60,373.48 $291.75 $0.00 $341.36 $61,006.59
220 $61,006.59 $291.75 $0.00 $344.94 $61,643.28
221 $61,643.28 $291.75 $0.00 $348.54 $62,283.57
222 $62,283.57 $291.75 $0.00 $352.16 $62,927.48
223 $62,927.48 $291.75 $0.00 $355.80 $63,575.03
224 $63,575.03 $291.75 $0.00 $359.46 $64,226.24
225 $64,226.24 $291.75 $0.00 $363.14 $64,881.13
226 $64,881.13 $291.75 $0.00 $366.85 $65,539.73
227 $65,539.73 $291.75 $0.00 $370.57 $66,202.05
228 $66,202.05 $291.75 $0.00 $374.32 $66,868.12
229 $66,868.12 $0.00 $67,247.20 $378.08 ($1.00)