Savings Plan and Future Cost Estimation for San Diego Miramar College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$56,455
Monthly savings required$251

How much will it cost to send your child to San Diego Miramar College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $112,909.67 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $250.91 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$22,886.00
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 $250.91 $0.00 $0.00 $250.91
2 $250.91 $250.91 $0.00 $1.42 $503.24
3 $503.24 $250.91 $0.00 $2.85 $757.00
4 $757.00 $250.91 $0.00 $4.28 $1,012.19
5 $1,012.19 $250.91 $0.00 $5.72 $1,268.82
6 $1,268.82 $250.91 $0.00 $7.17 $1,526.90
7 $1,526.90 $250.91 $0.00 $8.63 $1,786.44
8 $1,786.44 $250.91 $0.00 $10.10 $2,047.45
9 $2,047.45 $250.91 $0.00 $11.58 $2,309.94
10 $2,309.94 $250.91 $0.00 $13.06 $2,573.91
11 $2,573.91 $250.91 $0.00 $14.55 $2,839.37
12 $2,839.37 $250.91 $0.00 $16.05 $3,106.33
13 $3,106.33 $250.91 $0.00 $17.56 $3,374.80
14 $3,374.80 $250.91 $0.00 $19.08 $3,644.79
15 $3,644.79 $250.91 $0.00 $20.61 $3,916.31
16 $3,916.31 $250.91 $0.00 $22.14 $4,189.36
17 $4,189.36 $250.91 $0.00 $23.69 $4,463.96
18 $4,463.96 $250.91 $0.00 $25.24 $4,740.11
19 $4,740.11 $250.91 $0.00 $26.80 $5,017.82
20 $5,017.82 $250.91 $0.00 $28.37 $5,297.10
21 $5,297.10 $250.91 $0.00 $29.95 $5,577.96
22 $5,577.96 $250.91 $0.00 $31.54 $5,860.41
23 $5,860.41 $250.91 $0.00 $33.14 $6,144.46
24 $6,144.46 $250.91 $0.00 $34.74 $6,430.11
25 $6,430.11 $250.91 $0.00 $36.36 $6,717.38
26 $6,717.38 $250.91 $0.00 $37.98 $7,006.27
27 $7,006.27 $250.91 $0.00 $39.61 $7,296.79
28 $7,296.79 $250.91 $0.00 $41.26 $7,588.96
29 $7,588.96 $250.91 $0.00 $42.91 $7,882.78
30 $7,882.78 $250.91 $0.00 $44.57 $8,178.26
31 $8,178.26 $250.91 $0.00 $46.24 $8,475.41
32 $8,475.41 $250.91 $0.00 $47.92 $8,774.24
33 $8,774.24 $250.91 $0.00 $49.61 $9,074.76
34 $9,074.76 $250.91 $0.00 $51.31 $9,376.98
35 $9,376.98 $250.91 $0.00 $53.02 $9,680.91
36 $9,680.91 $250.91 $0.00 $54.74 $9,986.56
37 $9,986.56 $250.91 $0.00 $56.47 $10,293.94
38 $10,293.94 $250.91 $0.00 $58.20 $10,603.05
39 $10,603.05 $250.91 $0.00 $59.95 $10,913.91
40 $10,913.91 $250.91 $0.00 $61.71 $11,226.53
41 $11,226.53 $250.91 $0.00 $63.48 $11,540.92
42 $11,540.92 $250.91 $0.00 $65.25 $11,857.08
43 $11,857.08 $250.91 $0.00 $67.04 $12,175.03
44 $12,175.03 $250.91 $0.00 $68.84 $12,494.78
45 $12,494.78 $250.91 $0.00 $70.65 $12,816.34
46 $12,816.34 $250.91 $0.00 $72.47 $13,139.72
47 $13,139.72 $250.91 $0.00 $74.29 $13,464.92
48 $13,464.92 $250.91 $0.00 $76.13 $13,791.96
49 $13,791.96 $250.91 $0.00 $77.98 $14,120.85
50 $14,120.85 $250.91 $0.00 $79.84 $14,451.60
51 $14,451.60 $250.91 $0.00 $81.71 $14,784.22
52 $14,784.22 $250.91 $0.00 $83.59 $15,118.72
53 $15,118.72 $250.91 $0.00 $85.48 $15,455.11
54 $15,455.11 $250.91 $0.00 $87.39 $15,793.41
55 $15,793.41 $250.91 $0.00 $89.30 $16,133.62
56 $16,133.62 $250.91 $0.00 $91.22 $16,475.75
57 $16,475.75 $250.91 $0.00 $93.16 $16,819.82
58 $16,819.82 $250.91 $0.00 $95.10 $17,165.83
59 $17,165.83 $250.91 $0.00 $97.06 $17,513.80
60 $17,513.80 $250.91 $0.00 $99.03 $17,863.74
61 $17,863.74 $250.91 $0.00 $101.00 $18,215.65
62 $18,215.65 $250.91 $0.00 $102.99 $18,569.55
63 $18,569.55 $250.91 $0.00 $104.99 $18,925.45
64 $18,925.45 $250.91 $0.00 $107.01 $19,283.37
65 $19,283.37 $250.91 $0.00 $109.03 $19,643.31
66 $19,643.31 $250.91 $0.00 $111.07 $20,005.29
67 $20,005.29 $250.91 $0.00 $113.11 $20,369.31
68 $20,369.31 $250.91 $0.00 $115.17 $20,735.39
69 $20,735.39 $250.91 $0.00 $117.24 $21,103.54
70 $21,103.54 $250.91 $0.00 $119.32 $21,473.77
71 $21,473.77 $250.91 $0.00 $121.42 $21,846.10
72 $21,846.10 $250.91 $0.00 $123.52 $22,220.53
73 $22,220.53 $250.91 $0.00 $125.64 $22,597.08
74 $22,597.08 $250.91 $0.00 $127.77 $22,975.76
75 $22,975.76 $250.91 $0.00 $129.91 $23,356.58
76 $23,356.58 $250.91 $0.00 $132.06 $23,739.55
77 $23,739.55 $250.91 $0.00 $134.23 $24,124.69
78 $24,124.69 $250.91 $0.00 $136.40 $24,512.00
79 $24,512.00 $250.91 $0.00 $138.59 $24,901.50
80 $24,901.50 $250.91 $0.00 $140.80 $25,293.21
81 $25,293.21 $250.91 $0.00 $143.01 $25,687.13
82 $25,687.13 $250.91 $0.00 $145.24 $26,083.28
83 $26,083.28 $250.91 $0.00 $147.48 $26,481.67
84 $26,481.67 $250.91 $0.00 $149.73 $26,882.31
85 $26,882.31 $250.91 $0.00 $152.00 $27,285.22
86 $27,285.22 $250.91 $0.00 $154.27 $27,690.40
87 $27,690.40 $250.91 $0.00 $156.57 $28,097.88
88 $28,097.88 $250.91 $0.00 $158.87 $28,507.66
89 $28,507.66 $250.91 $0.00 $161.19 $28,919.76
90 $28,919.76 $250.91 $0.00 $163.52 $29,334.19
91 $29,334.19 $250.91 $0.00 $165.86 $29,750.96
92 $29,750.96 $250.91 $0.00 $168.22 $30,170.09
93 $30,170.09 $250.91 $0.00 $170.59 $30,591.59
94 $30,591.59 $250.91 $0.00 $172.97 $31,015.47
95 $31,015.47 $250.91 $0.00 $175.37 $31,441.75
96 $31,441.75 $250.91 $0.00 $177.78 $31,870.44
97 $31,870.44 $250.91 $0.00 $180.20 $32,301.55
98 $32,301.55 $250.91 $0.00 $182.64 $32,735.10
99 $32,735.10 $250.91 $0.00 $185.09 $33,171.10
100 $33,171.10 $250.91 $0.00 $187.55 $33,609.56
101 $33,609.56 $250.91 $0.00 $190.03 $34,050.50
102 $34,050.50 $250.91 $0.00 $192.53 $34,493.94
103 $34,493.94 $250.91 $0.00 $195.03 $34,939.88
104 $34,939.88 $250.91 $0.00 $197.56 $35,388.35
105 $35,388.35 $250.91 $0.00 $200.09 $35,839.35
106 $35,839.35 $250.91 $0.00 $202.64 $36,292.90
107 $36,292.90 $250.91 $0.00 $205.21 $36,749.02
108 $36,749.02 $250.91 $0.00 $207.78 $37,207.71
109 $37,207.71 $250.91 $0.00 $210.38 $37,669.00
110 $37,669.00 $250.91 $0.00 $212.99 $38,132.90
111 $38,132.90 $250.91 $0.00 $215.61 $38,599.42
112 $38,599.42 $250.91 $0.00 $218.25 $39,068.58
113 $39,068.58 $250.91 $0.00 $220.90 $39,540.39
114 $39,540.39 $250.91 $0.00 $223.57 $40,014.87
115 $40,014.87 $250.91 $0.00 $226.25 $40,492.03
116 $40,492.03 $250.91 $0.00 $228.95 $40,971.89
117 $40,971.89 $250.91 $0.00 $231.66 $41,454.46
118 $41,454.46 $250.91 $0.00 $234.39 $41,939.76
119 $41,939.76 $250.91 $0.00 $237.13 $42,427.80
120 $42,427.80 $250.91 $0.00 $239.89 $42,918.60
121 $42,918.60 $250.91 $0.00 $242.67 $43,412.18
122 $43,412.18 $250.91 $0.00 $245.46 $43,908.55
123 $43,908.55 $250.91 $0.00 $248.27 $44,407.73
124 $44,407.73 $250.91 $0.00 $251.09 $44,909.73
125 $44,909.73 $250.91 $0.00 $253.93 $45,414.57
126 $45,414.57 $250.91 $0.00 $256.78 $45,922.26
127 $45,922.26 $250.91 $0.00 $259.65 $46,432.82
128 $46,432.82 $250.91 $0.00 $262.54 $46,946.27
129 $46,946.27 $250.91 $0.00 $265.44 $47,462.62
130 $47,462.62 $250.91 $0.00 $268.36 $47,981.89
131 $47,981.89 $250.91 $0.00 $271.30 $48,504.10
132 $48,504.10 $250.91 $0.00 $274.25 $49,029.26
133 $49,029.26 $250.91 $0.00 $277.22 $49,557.39
134 $49,557.39 $250.91 $0.00 $280.20 $50,088.50
135 $50,088.50 $250.91 $0.00 $283.21 $50,622.62
136 $50,622.62 $250.91 $0.00 $286.23 $51,159.76
137 $51,159.76 $250.91 $0.00 $289.26 $51,699.93
138 $51,699.93 $250.91 $0.00 $292.32 $52,243.16
139 $52,243.16 $250.91 $0.00 $295.39 $52,789.46
140 $52,789.46 $250.91 $0.00 $298.48 $53,338.85
141 $53,338.85 $250.91 $0.00 $301.59 $53,891.35
142 $53,891.35 $250.91 $0.00 $304.71 $54,446.97
143 $54,446.97 $250.91 $0.00 $307.85 $55,005.73
144 $55,005.73 $250.91 $0.00 $311.01 $55,567.65
145 $55,567.65 $250.91 $0.00 $314.19 $56,132.75
146 $56,132.75 $250.91 $0.00 $317.38 $56,701.04
147 $56,701.04 $250.91 $0.00 $320.60 $57,272.55
148 $57,272.55 $250.91 $0.00 $323.83 $57,847.29
149 $57,847.29 $250.91 $0.00 $327.08 $58,425.28
150 $58,425.28 $250.91 $0.00 $330.35 $59,006.54
151 $59,006.54 $250.91 $0.00 $333.63 $59,591.08
152 $59,591.08 $250.91 $0.00 $336.94 $60,178.93
153 $60,178.93 $250.91 $0.00 $340.26 $60,770.10
154 $60,770.10 $250.91 $0.00 $343.60 $61,364.61
155 $61,364.61 $250.91 $0.00 $346.96 $61,962.48
156 $61,962.48 $250.91 $0.00 $350.34 $62,563.73
157 $62,563.73 $250.91 $0.00 $353.74 $63,168.38
158 $63,168.38 $250.91 $0.00 $357.16 $63,776.45
159 $63,776.45 $250.91 $0.00 $360.60 $64,387.96
160 $64,387.96 $250.91 $0.00 $364.06 $65,002.93
161 $65,002.93 $250.91 $0.00 $367.54 $65,621.38
162 $65,621.38 $250.91 $0.00 $371.03 $66,243.32
163 $66,243.32 $250.91 $0.00 $374.55 $66,868.78
164 $66,868.78 $250.91 $0.00 $378.09 $67,497.78
165 $67,497.78 $250.91 $0.00 $381.64 $68,130.33
166 $68,130.33 $250.91 $0.00 $385.22 $68,766.46
167 $68,766.46 $250.91 $0.00 $388.82 $69,406.19
168 $69,406.19 $250.91 $0.00 $392.43 $70,049.53
169 $70,049.53 $250.91 $0.00 $396.07 $70,696.51
170 $70,696.51 $250.91 $0.00 $399.73 $71,347.15
171 $71,347.15 $250.91 $0.00 $403.41 $72,001.47
172 $72,001.47 $250.91 $0.00 $407.11 $72,659.49
173 $72,659.49 $250.91 $0.00 $410.83 $73,321.23
174 $73,321.23 $250.91 $0.00 $414.57 $73,986.71
175 $73,986.71 $250.91 $0.00 $418.33 $74,655.95
176 $74,655.95 $250.91 $0.00 $422.12 $75,328.98
177 $75,328.98 $250.91 $0.00 $425.92 $76,005.81
178 $76,005.81 $250.91 $0.00 $429.75 $76,686.47
179 $76,686.47 $250.91 $0.00 $433.60 $77,370.98
180 $77,370.98 $250.91 $0.00 $437.47 $78,059.36
181 $78,059.36 $250.91 $0.00 $441.36 $78,751.63
182 $78,751.63 $250.91 $0.00 $445.27 $79,447.81
183 $79,447.81 $250.91 $0.00 $449.21 $80,147.93
184 $80,147.93 $250.91 $0.00 $453.17 $80,852.01
185 $80,852.01 $250.91 $0.00 $457.15 $81,560.07
186 $81,560.07 $250.91 $0.00 $461.15 $82,272.13
187 $82,272.13 $250.91 $0.00 $465.18 $82,988.22
188 $82,988.22 $250.91 $0.00 $469.23 $83,708.36
189 $83,708.36 $250.91 $0.00 $473.30 $84,432.57
190 $84,432.57 $250.91 $0.00 $477.39 $85,160.87
191 $85,160.87 $250.91 $0.00 $481.51 $85,893.29
192 $85,893.29 $250.91 $0.00 $485.65 $86,629.85
193 $86,629.85 $250.91 $0.00 $489.82 $87,370.58
194 $87,370.58 $250.91 $0.00 $494.01 $88,115.50
195 $88,115.50 $250.91 $0.00 $498.22 $88,864.63
196 $88,864.63 $250.91 $0.00 $502.45 $89,617.99
197 $89,617.99 $250.91 $0.00 $506.71 $90,375.61
198 $90,375.61 $250.91 $0.00 $511.00 $91,137.52
199 $91,137.52 $250.91 $0.00 $515.30 $91,903.73
200 $91,903.73 $250.91 $0.00 $519.64 $92,674.28
201 $92,674.28 $250.91 $0.00 $523.99 $93,449.18
202 $93,449.18 $250.91 $0.00 $528.38 $94,228.47
203 $94,228.47 $250.91 $0.00 $532.78 $95,012.16
204 $95,012.16 $250.91 $0.00 $537.21 $95,800.28
205 $95,800.28 $250.91 $0.00 $541.67 $96,592.86
206 $96,592.86 $250.91 $0.00 $546.15 $97,389.92
207 $97,389.92 $250.91 $0.00 $550.66 $98,191.49
208 $98,191.49 $250.91 $0.00 $555.19 $98,997.59
209 $98,997.59 $250.91 $0.00 $559.75 $99,808.25
210 $99,808.25 $250.91 $0.00 $564.33 $100,623.49
211 $100,623.49 $250.91 $0.00 $568.94 $101,443.34
212 $101,443.34 $250.91 $0.00 $573.58 $102,267.83
213 $102,267.83 $250.91 $0.00 $578.24 $103,096.98
214 $103,096.98 $250.91 $0.00 $582.93 $103,930.82
215 $103,930.82 $250.91 $0.00 $587.64 $104,769.37
216 $104,769.37 $250.91 $0.00 $592.38 $105,612.66
217 $105,612.66 $250.91 $55,077.89 $597.15 $51,382.83
218 $51,382.83 $250.91 $0.00 $290.53 $51,924.27
219 $51,924.27 $250.91 $0.00 $293.59 $52,468.77
220 $52,468.77 $250.91 $0.00 $296.67 $53,016.35
221 $53,016.35 $250.91 $0.00 $299.76 $53,567.02
222 $53,567.02 $250.91 $0.00 $302.88 $54,120.81
223 $54,120.81 $250.91 $0.00 $306.01 $54,677.73
224 $54,677.73 $250.91 $0.00 $309.16 $55,237.80
225 $55,237.80 $250.91 $0.00 $312.32 $55,801.03
226 $55,801.03 $250.91 $0.00 $315.51 $56,367.45
227 $56,367.45 $250.91 $0.00 $318.71 $56,937.07
228 $56,937.07 $250.91 $0.00 $321.93 $57,509.91
229 $57,509.91 $0.00 $57,831.78 $325.17 $3.30