Savings Plan and Future Cost Estimation for Scripps College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$312,627
Monthly savings required$2,471

How much will it cost to send your child to Scripps College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,250,508.86 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,470.76 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$83,330.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $2,470.76 $0.00 $0.00 $2,470.76
2 $2,470.76 $2,470.76 $0.00 $13.97 $4,955.49
3 $4,955.49 $2,470.76 $0.00 $28.02 $7,454.27
4 $7,454.27 $2,470.76 $0.00 $42.15 $9,967.18
5 $9,967.18 $2,470.76 $0.00 $56.36 $12,494.30
6 $12,494.30 $2,470.76 $0.00 $70.64 $15,035.70
7 $15,035.70 $2,470.76 $0.00 $85.01 $17,591.47
8 $17,591.47 $2,470.76 $0.00 $99.46 $20,161.69
9 $20,161.69 $2,470.76 $0.00 $114.00 $22,746.45
10 $22,746.45 $2,470.76 $0.00 $128.61 $25,345.82
11 $25,345.82 $2,470.76 $0.00 $143.31 $27,959.89
12 $27,959.89 $2,470.76 $0.00 $158.09 $30,588.74
13 $30,588.74 $2,470.76 $0.00 $172.95 $33,232.45
14 $33,232.45 $2,470.76 $0.00 $187.90 $35,891.11
15 $35,891.11 $2,470.76 $0.00 $202.93 $38,564.80
16 $38,564.80 $2,470.76 $0.00 $218.05 $41,253.61
17 $41,253.61 $2,470.76 $0.00 $233.25 $43,957.62
18 $43,957.62 $2,470.76 $0.00 $248.54 $46,676.92
19 $46,676.92 $2,470.76 $0.00 $263.92 $49,411.60
20 $49,411.60 $2,470.76 $0.00 $279.38 $52,161.74
21 $52,161.74 $2,470.76 $0.00 $294.93 $54,927.43
22 $54,927.43 $2,470.76 $0.00 $310.57 $57,708.76
23 $57,708.76 $2,470.76 $0.00 $326.29 $60,505.81
24 $60,505.81 $2,470.76 $0.00 $342.11 $63,318.68
25 $63,318.68 $2,470.76 $0.00 $358.01 $66,147.45
26 $66,147.45 $2,470.76 $0.00 $374.01 $68,992.22
27 $68,992.22 $2,470.76 $0.00 $390.09 $71,853.07
28 $71,853.07 $2,470.76 $0.00 $406.27 $74,730.10
29 $74,730.10 $2,470.76 $0.00 $422.53 $77,623.39
30 $77,623.39 $2,470.76 $0.00 $438.89 $80,533.04
31 $80,533.04 $2,470.76 $0.00 $455.35 $83,459.15
32 $83,459.15 $2,470.76 $0.00 $471.89 $86,401.80
33 $86,401.80 $2,470.76 $0.00 $488.53 $89,361.09
34 $89,361.09 $2,470.76 $0.00 $505.26 $92,337.11
35 $92,337.11 $2,470.76 $0.00 $522.09 $95,329.96
36 $95,329.96 $2,470.76 $0.00 $539.01 $98,339.73
37 $98,339.73 $2,470.76 $0.00 $556.03 $101,366.52
38 $101,366.52 $2,470.76 $0.00 $573.14 $104,410.42
39 $104,410.42 $2,470.76 $0.00 $590.35 $107,471.53
40 $107,471.53 $2,470.76 $0.00 $607.66 $110,549.95
41 $110,549.95 $2,470.76 $0.00 $625.07 $113,645.78
42 $113,645.78 $2,470.76 $0.00 $642.57 $116,759.11
43 $116,759.11 $2,470.76 $0.00 $660.17 $119,890.04
44 $119,890.04 $2,470.76 $0.00 $677.88 $123,038.68
45 $123,038.68 $2,470.76 $0.00 $695.68 $126,205.12
46 $126,205.12 $2,470.76 $0.00 $713.58 $129,389.46
47 $129,389.46 $2,470.76 $0.00 $731.59 $132,591.81
48 $132,591.81 $2,470.76 $0.00 $749.69 $135,812.26
49 $135,812.26 $2,470.76 $0.00 $767.90 $139,050.92
50 $139,050.92 $2,470.76 $0.00 $786.21 $142,307.89
51 $142,307.89 $2,470.76 $0.00 $804.63 $145,583.28
52 $145,583.28 $2,470.76 $0.00 $823.15 $148,877.19
53 $148,877.19 $2,470.76 $0.00 $841.77 $152,189.72
54 $152,189.72 $2,470.76 $0.00 $860.50 $155,520.98
55 $155,520.98 $2,470.76 $0.00 $879.34 $158,871.08
56 $158,871.08 $2,470.76 $0.00 $898.28 $162,240.12
57 $162,240.12 $2,470.76 $0.00 $917.33 $165,628.21
58 $165,628.21 $2,470.76 $0.00 $936.49 $169,035.46
59 $169,035.46 $2,470.76 $0.00 $955.75 $172,461.97
60 $172,461.97 $2,470.76 $0.00 $975.13 $175,907.86
61 $175,907.86 $2,470.76 $0.00 $994.61 $179,373.23
62 $179,373.23 $2,470.76 $0.00 $1,014.20 $182,858.19
63 $182,858.19 $2,470.76 $0.00 $1,033.91 $186,362.86
64 $186,362.86 $2,470.76 $0.00 $1,053.72 $189,887.34
65 $189,887.34 $2,470.76 $0.00 $1,073.65 $193,431.75
66 $193,431.75 $2,470.76 $0.00 $1,093.69 $196,996.20
67 $196,996.20 $2,470.76 $0.00 $1,113.85 $200,580.81
68 $200,580.81 $2,470.76 $0.00 $1,134.11 $204,185.68
69 $204,185.68 $2,470.76 $0.00 $1,154.50 $207,810.94
70 $207,810.94 $2,470.76 $0.00 $1,174.99 $211,456.69
71 $211,456.69 $2,470.76 $0.00 $1,195.61 $215,123.06
72 $215,123.06 $2,470.76 $0.00 $1,216.34 $218,810.16
73 $218,810.16 $2,470.76 $0.00 $1,237.18 $222,518.10
74 $222,518.10 $2,470.76 $0.00 $1,258.15 $226,247.01
75 $226,247.01 $2,470.76 $0.00 $1,279.23 $229,997.00
76 $229,997.00 $2,470.76 $0.00 $1,300.44 $233,768.20
77 $233,768.20 $2,470.76 $0.00 $1,321.76 $237,560.72
78 $237,560.72 $2,470.76 $0.00 $1,343.20 $241,374.68
79 $241,374.68 $2,470.76 $0.00 $1,364.77 $245,210.21
80 $245,210.21 $2,470.76 $0.00 $1,386.45 $249,067.42
81 $249,067.42 $2,470.76 $0.00 $1,408.26 $252,946.44
82 $252,946.44 $2,470.76 $0.00 $1,430.20 $256,847.40
83 $256,847.40 $2,470.76 $0.00 $1,452.25 $260,770.41
84 $260,770.41 $2,470.76 $0.00 $1,474.43 $264,715.60
85 $264,715.60 $2,470.76 $0.00 $1,496.74 $268,683.10
86 $268,683.10 $2,470.76 $0.00 $1,519.17 $272,673.03
87 $272,673.03 $2,470.76 $0.00 $1,541.73 $276,685.52
88 $276,685.52 $2,470.76 $0.00 $1,564.42 $280,720.70
89 $280,720.70 $2,470.76 $0.00 $1,587.24 $284,778.70
90 $284,778.70 $2,470.76 $0.00 $1,610.18 $288,859.64
91 $288,859.64 $2,470.76 $0.00 $1,633.25 $292,963.65
92 $292,963.65 $2,470.76 $0.00 $1,656.46 $297,090.87
93 $297,090.87 $2,470.76 $0.00 $1,679.79 $301,241.42
94 $301,241.42 $2,470.76 $0.00 $1,703.26 $305,415.44
95 $305,415.44 $2,470.76 $0.00 $1,726.86 $309,613.06
96 $309,613.06 $2,470.76 $0.00 $1,750.60 $313,834.42
97 $313,834.42 $2,470.76 $0.00 $1,774.47 $318,079.65
98 $318,079.65 $2,470.76 $0.00 $1,798.47 $322,348.88
99 $322,348.88 $2,470.76 $0.00 $1,822.61 $326,642.25
100 $326,642.25 $2,470.76 $0.00 $1,846.88 $330,959.89
101 $330,959.89 $2,470.76 $0.00 $1,871.30 $335,301.95
102 $335,301.95 $2,470.76 $0.00 $1,895.85 $339,668.56
103 $339,668.56 $2,470.76 $0.00 $1,920.54 $344,059.86
104 $344,059.86 $2,470.76 $0.00 $1,945.36 $348,475.98
105 $348,475.98 $2,470.76 $0.00 $1,970.33 $352,917.07
106 $352,917.07 $2,470.76 $0.00 $1,995.44 $357,383.27
107 $357,383.27 $2,470.76 $0.00 $2,020.70 $361,874.73
108 $361,874.73 $2,470.76 $0.00 $2,046.09 $366,391.58
109 $366,391.58 $2,470.76 $0.00 $2,071.63 $370,933.97
110 $370,933.97 $2,470.76 $0.00 $2,097.31 $375,502.04
111 $375,502.04 $2,470.76 $0.00 $2,123.14 $380,095.94
112 $380,095.94 $2,470.76 $0.00 $2,149.12 $384,715.82
113 $384,715.82 $2,470.76 $0.00 $2,175.24 $389,361.82
114 $389,361.82 $2,470.76 $0.00 $2,201.51 $394,034.09
115 $394,034.09 $2,470.76 $0.00 $2,227.93 $398,732.78
116 $398,732.78 $2,470.76 $0.00 $2,254.49 $403,458.03
117 $403,458.03 $2,470.76 $0.00 $2,281.21 $408,210.00
118 $408,210.00 $2,470.76 $0.00 $2,308.08 $412,988.84
119 $412,988.84 $2,470.76 $0.00 $2,335.10 $417,794.70
120 $417,794.70 $2,470.76 $0.00 $2,362.27 $422,627.73
121 $422,627.73 $2,470.76 $0.00 $2,389.60 $427,488.09
122 $427,488.09 $2,470.76 $0.00 $2,417.08 $432,375.93
123 $432,375.93 $2,470.76 $0.00 $2,444.72 $437,291.41
124 $437,291.41 $2,470.76 $0.00 $2,472.51 $442,234.68
125 $442,234.68 $2,470.76 $0.00 $2,500.46 $447,205.90
126 $447,205.90 $2,470.76 $0.00 $2,528.57 $452,205.23
127 $452,205.23 $2,470.76 $0.00 $2,556.83 $457,232.82
128 $457,232.82 $2,470.76 $0.00 $2,585.26 $462,288.84
129 $462,288.84 $2,470.76 $0.00 $2,613.85 $467,373.45
130 $467,373.45 $2,470.76 $0.00 $2,642.60 $472,486.81
131 $472,486.81 $2,470.76 $0.00 $2,671.51 $477,629.08
132 $477,629.08 $2,470.76 $0.00 $2,700.58 $482,800.42
133 $482,800.42 $2,470.76 $0.00 $2,729.82 $488,001.00
134 $488,001.00 $2,470.76 $0.00 $2,759.23 $493,230.99
135 $493,230.99 $2,470.76 $0.00 $2,788.80 $498,490.55
136 $498,490.55 $2,470.76 $0.00 $2,818.54 $503,779.85
137 $503,779.85 $2,470.76 $0.00 $2,848.44 $509,099.05
138 $509,099.05 $2,470.76 $0.00 $2,878.52 $514,448.33
139 $514,448.33 $2,470.76 $0.00 $2,908.77 $519,827.86
140 $519,827.86 $2,470.76 $0.00 $2,939.18 $525,237.80
141 $525,237.80 $2,470.76 $0.00 $2,969.77 $530,678.33
142 $530,678.33 $2,470.76 $0.00 $3,000.53 $536,149.62
143 $536,149.62 $2,470.76 $0.00 $3,031.47 $541,651.85
144 $541,651.85 $2,470.76 $0.00 $3,062.58 $547,185.19
145 $547,185.19 $2,470.76 $0.00 $3,093.86 $552,749.81
146 $552,749.81 $2,470.76 $0.00 $3,125.33 $558,345.90
147 $558,345.90 $2,470.76 $0.00 $3,156.97 $563,973.63
148 $563,973.63 $2,470.76 $0.00 $3,188.79 $569,633.18
149 $569,633.18 $2,470.76 $0.00 $3,220.79 $575,324.73
150 $575,324.73 $2,470.76 $0.00 $3,252.97 $581,048.46
151 $581,048.46 $2,470.76 $0.00 $3,285.33 $586,804.55
152 $586,804.55 $2,470.76 $0.00 $3,317.88 $592,593.19
153 $592,593.19 $2,470.76 $0.00 $3,350.61 $598,414.56
154 $598,414.56 $2,470.76 $0.00 $3,383.52 $604,268.84
155 $604,268.84 $2,470.76 $0.00 $3,416.62 $610,156.22
156 $610,156.22 $2,470.76 $0.00 $3,449.91 $616,076.89
157 $616,076.89 $2,470.76 $0.00 $3,483.39 $622,031.04
158 $622,031.04 $2,470.76 $0.00 $3,517.05 $628,018.85
159 $628,018.85 $2,470.76 $0.00 $3,550.91 $634,040.52
160 $634,040.52 $2,470.76 $0.00 $3,584.96 $640,096.24
161 $640,096.24 $2,470.76 $0.00 $3,619.20 $646,186.20
162 $646,186.20 $2,470.76 $0.00 $3,653.63 $652,310.59
163 $652,310.59 $2,470.76 $0.00 $3,688.26 $658,469.61
164 $658,469.61 $2,470.76 $0.00 $3,723.08 $664,663.45
165 $664,663.45 $2,470.76 $0.00 $3,758.10 $670,892.31
166 $670,892.31 $2,470.76 $0.00 $3,793.32 $677,156.39
167 $677,156.39 $2,470.76 $0.00 $3,828.74 $683,455.89
168 $683,455.89 $2,470.76 $0.00 $3,864.36 $689,791.01
169 $689,791.01 $2,470.76 $0.00 $3,900.18 $696,161.95
170 $696,161.95 $2,470.76 $0.00 $3,936.20 $702,568.91
171 $702,568.91 $2,470.76 $0.00 $3,972.43 $709,012.10
172 $709,012.10 $2,470.76 $0.00 $4,008.86 $715,491.72
173 $715,491.72 $2,470.76 $0.00 $4,045.49 $722,007.97
174 $722,007.97 $2,470.76 $0.00 $4,082.34 $728,561.07
175 $728,561.07 $2,470.76 $0.00 $4,119.39 $735,151.22
176 $735,151.22 $2,470.76 $0.00 $4,156.65 $741,778.63
177 $741,778.63 $2,470.76 $0.00 $4,194.12 $748,443.51
178 $748,443.51 $2,470.76 $0.00 $4,231.81 $755,146.08
179 $755,146.08 $2,470.76 $0.00 $4,269.71 $761,886.55
180 $761,886.55 $2,470.76 $0.00 $4,307.82 $768,665.13
181 $768,665.13 $2,470.76 $0.00 $4,346.14 $775,482.03
182 $775,482.03 $2,470.76 $0.00 $4,384.69 $782,337.48
183 $782,337.48 $2,470.76 $0.00 $4,423.45 $789,231.69
184 $789,231.69 $2,470.76 $0.00 $4,462.43 $796,164.88
185 $796,164.88 $2,470.76 $0.00 $4,501.63 $803,137.27
186 $803,137.27 $2,470.76 $0.00 $4,541.05 $810,149.08
187 $810,149.08 $2,470.76 $0.00 $4,580.70 $817,200.54
188 $817,200.54 $2,470.76 $0.00 $4,620.57 $824,291.87
189 $824,291.87 $2,470.76 $0.00 $4,660.67 $831,423.30
190 $831,423.30 $2,470.76 $0.00 $4,700.99 $838,595.05
191 $838,595.05 $2,470.76 $0.00 $4,741.54 $845,807.35
192 $845,807.35 $2,470.76 $0.00 $4,782.32 $853,060.43
193 $853,060.43 $2,470.76 $0.00 $4,823.33 $860,354.52
194 $860,354.52 $2,470.76 $0.00 $4,864.57 $867,689.85
195 $867,689.85 $2,470.76 $0.00 $4,906.04 $875,066.65
196 $875,066.65 $2,470.76 $0.00 $4,947.75 $882,485.16
197 $882,485.16 $2,470.76 $0.00 $4,989.70 $889,945.62
198 $889,945.62 $2,470.76 $0.00 $5,031.88 $897,448.26
199 $897,448.26 $2,470.76 $0.00 $5,074.30 $904,993.32
200 $904,993.32 $2,470.76 $0.00 $5,116.96 $912,581.04
201 $912,581.04 $2,470.76 $0.00 $5,159.87 $920,211.67
202 $920,211.67 $2,470.76 $0.00 $5,203.01 $927,885.44
203 $927,885.44 $2,470.76 $0.00 $5,246.40 $935,602.60
204 $935,602.60 $2,470.76 $0.00 $5,290.03 $943,363.39
205 $943,363.39 $2,470.76 $0.00 $5,333.91 $951,168.06
206 $951,168.06 $2,470.76 $0.00 $5,378.04 $959,016.86
207 $959,016.86 $2,470.76 $0.00 $5,422.42 $966,910.04
208 $966,910.04 $2,470.76 $0.00 $5,467.05 $974,847.85
209 $974,847.85 $2,470.76 $0.00 $5,511.93 $982,830.54
210 $982,830.54 $2,470.76 $0.00 $5,557.07 $990,858.37
211 $990,858.37 $2,470.76 $0.00 $5,602.46 $998,931.59
212 $998,931.59 $2,470.76 $0.00 $5,648.10 $1,007,050.45
213 $1,007,050.45 $2,470.76 $0.00 $5,694.01 $1,015,215.22
214 $1,015,215.22 $2,470.76 $0.00 $5,740.17 $1,023,426.15
215 $1,023,426.15 $2,470.76 $0.00 $5,786.60 $1,031,683.51
216 $1,031,683.51 $2,470.76 $0.00 $5,833.29 $1,039,987.56
217 $1,039,987.56 $2,470.76 $281,649.76 $5,880.24 $766,688.80
218 $766,688.80 $2,470.76 $0.00 $4,334.97 $773,494.53
219 $773,494.53 $2,470.76 $0.00 $4,373.45 $780,338.74
220 $780,338.74 $2,470.76 $0.00 $4,412.15 $787,221.65
221 $787,221.65 $2,470.76 $0.00 $4,451.07 $794,143.48
222 $794,143.48 $2,470.76 $0.00 $4,490.20 $801,104.44
223 $801,104.44 $2,470.76 $0.00 $4,529.56 $808,104.76
224 $808,104.76 $2,470.76 $0.00 $4,569.14 $815,144.66
225 $815,144.66 $2,470.76 $0.00 $4,608.95 $822,224.37
226 $822,224.37 $2,470.76 $0.00 $4,648.98 $829,344.11
227 $829,344.11 $2,470.76 $0.00 $4,689.23 $836,504.10
228 $836,504.10 $2,470.76 $0.00 $4,729.72 $843,704.58
229 $843,704.58 $2,470.76 $301,365.24 $4,770.43 $549,580.53
230 $549,580.53 $2,470.76 $0.00 $3,107.41 $555,158.70
231 $555,158.70 $2,470.76 $0.00 $3,138.95 $560,768.41
232 $560,768.41 $2,470.76 $0.00 $3,170.67 $566,409.84
233 $566,409.84 $2,470.76 $0.00 $3,202.56 $572,083.16
234 $572,083.16 $2,470.76 $0.00 $3,234.64 $577,788.56
235 $577,788.56 $2,470.76 $0.00 $3,266.90 $583,526.22
236 $583,526.22 $2,470.76 $0.00 $3,299.34 $589,296.32
237 $589,296.32 $2,470.76 $0.00 $3,331.97 $595,099.05
238 $595,099.05 $2,470.76 $0.00 $3,364.78 $600,934.59
239 $600,934.59 $2,470.76 $0.00 $3,397.77 $606,803.12
240 $606,803.12 $2,470.76 $0.00 $3,430.95 $612,704.83
241 $612,704.83 $2,470.76 $322,460.81 $3,464.32 $296,179.10
242 $296,179.10 $2,470.76 $0.00 $1,674.64 $300,324.50
243 $300,324.50 $2,470.76 $0.00 $1,698.08 $304,493.34
244 $304,493.34 $2,470.76 $0.00 $1,721.65 $308,685.75
245 $308,685.75 $2,470.76 $0.00 $1,745.35 $312,901.86
246 $312,901.86 $2,470.76 $0.00 $1,769.19 $317,141.81
247 $317,141.81 $2,470.76 $0.00 $1,793.17 $321,405.74
248 $321,405.74 $2,470.76 $0.00 $1,817.27 $325,693.77
249 $325,693.77 $2,470.76 $0.00 $1,841.52 $330,006.05
250 $330,006.05 $2,470.76 $0.00 $1,865.90 $334,342.71
251 $334,342.71 $2,470.76 $0.00 $1,890.42 $338,703.89
252 $338,703.89 $2,470.76 $0.00 $1,915.08 $343,089.73
253 $343,089.73 $0.00 $345,033.06 $1,939.88 -$3.45