# Savings Plan and Future Cost Estimation for The Master's College and Seminary

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2039 \$107,297 Monthly savings required \$849

How much will it cost to send your child to The Master's College and Seminary in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$429,186.20 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$849.34 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 \$41,376.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford The Master's College and Seminary in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$849.34 \$0.00 \$0.00 \$849.34
2 \$849.34 \$849.34 \$0.00 \$4.80 \$1,703.48
3 \$1,703.48 \$849.34 \$0.00 \$9.63 \$2,562.45
4 \$2,562.45 \$849.34 \$0.00 \$14.49 \$3,426.28
5 \$3,426.28 \$849.34 \$0.00 \$19.37 \$4,294.99
6 \$4,294.99 \$849.34 \$0.00 \$24.28 \$5,168.61
7 \$5,168.61 \$849.34 \$0.00 \$29.22 \$6,047.17
8 \$6,047.17 \$849.34 \$0.00 \$34.19 \$6,930.70
9 \$6,930.70 \$849.34 \$0.00 \$39.19 \$7,819.23
10 \$7,819.23 \$849.34 \$0.00 \$44.21 \$8,712.78
11 \$8,712.78 \$849.34 \$0.00 \$49.26 \$9,611.38
12 \$9,611.38 \$849.34 \$0.00 \$54.34 \$10,515.06
13 \$10,515.06 \$849.34 \$0.00 \$59.45 \$11,423.85
14 \$11,423.85 \$849.34 \$0.00 \$64.59 \$12,337.78
15 \$12,337.78 \$849.34 \$0.00 \$69.76 \$13,256.88
16 \$13,256.88 \$849.34 \$0.00 \$74.96 \$14,181.18
17 \$14,181.18 \$849.34 \$0.00 \$80.18 \$15,110.70
18 \$15,110.70 \$849.34 \$0.00 \$85.44 \$16,045.48
19 \$16,045.48 \$849.34 \$0.00 \$90.72 \$16,985.54
20 \$16,985.54 \$849.34 \$0.00 \$96.04 \$17,930.92
21 \$17,930.92 \$849.34 \$0.00 \$101.38 \$18,881.64
22 \$18,881.64 \$849.34 \$0.00 \$106.76 \$19,837.74
23 \$19,837.74 \$849.34 \$0.00 \$112.17 \$20,799.25
24 \$20,799.25 \$849.34 \$0.00 \$117.60 \$21,766.19
25 \$21,766.19 \$849.34 \$0.00 \$123.07 \$22,738.60
26 \$22,738.60 \$849.34 \$0.00 \$128.57 \$23,716.51
27 \$23,716.51 \$849.34 \$0.00 \$134.10 \$24,699.95
28 \$24,699.95 \$849.34 \$0.00 \$139.66 \$25,688.95
29 \$25,688.95 \$849.34 \$0.00 \$145.25 \$26,683.54
30 \$26,683.54 \$849.34 \$0.00 \$150.87 \$27,683.75
31 \$27,683.75 \$849.34 \$0.00 \$156.53 \$28,689.62
32 \$28,689.62 \$849.34 \$0.00 \$162.22 \$29,701.18
33 \$29,701.18 \$849.34 \$0.00 \$167.93 \$30,718.45
34 \$30,718.45 \$849.34 \$0.00 \$173.69 \$31,741.48
35 \$31,741.48 \$849.34 \$0.00 \$179.47 \$32,770.29
36 \$32,770.29 \$849.34 \$0.00 \$185.29 \$33,804.92
37 \$33,804.92 \$849.34 \$0.00 \$191.14 \$34,845.40
38 \$34,845.40 \$849.34 \$0.00 \$197.02 \$35,891.76
39 \$35,891.76 \$849.34 \$0.00 \$202.94 \$36,944.04
40 \$36,944.04 \$849.34 \$0.00 \$208.89 \$38,002.27
41 \$38,002.27 \$849.34 \$0.00 \$214.87 \$39,066.48
42 \$39,066.48 \$849.34 \$0.00 \$220.89 \$40,136.71
43 \$40,136.71 \$849.34 \$0.00 \$226.94 \$41,212.99
44 \$41,212.99 \$849.34 \$0.00 \$233.02 \$42,295.35
45 \$42,295.35 \$849.34 \$0.00 \$239.14 \$43,383.83
46 \$43,383.83 \$849.34 \$0.00 \$245.30 \$44,478.47
47 \$44,478.47 \$849.34 \$0.00 \$251.49 \$45,579.30
48 \$45,579.30 \$849.34 \$0.00 \$257.71 \$46,686.35
49 \$46,686.35 \$849.34 \$0.00 \$263.97 \$47,799.66
50 \$47,799.66 \$849.34 \$0.00 \$270.27 \$48,919.27
51 \$48,919.27 \$849.34 \$0.00 \$276.60 \$50,045.21
52 \$50,045.21 \$849.34 \$0.00 \$282.96 \$51,177.51
53 \$51,177.51 \$849.34 \$0.00 \$289.37 \$52,316.22
54 \$52,316.22 \$849.34 \$0.00 \$295.80 \$53,461.36
55 \$53,461.36 \$849.34 \$0.00 \$302.28 \$54,612.98
56 \$54,612.98 \$849.34 \$0.00 \$308.79 \$55,771.11
57 \$55,771.11 \$849.34 \$0.00 \$315.34 \$56,935.79
58 \$56,935.79 \$849.34 \$0.00 \$321.92 \$58,107.05
59 \$58,107.05 \$849.34 \$0.00 \$328.55 \$59,284.94
60 \$59,284.94 \$849.34 \$0.00 \$335.21 \$60,469.49
61 \$60,469.49 \$849.34 \$0.00 \$341.90 \$61,660.73
62 \$61,660.73 \$849.34 \$0.00 \$348.64 \$62,858.71
63 \$62,858.71 \$849.34 \$0.00 \$355.41 \$64,063.46
64 \$64,063.46 \$849.34 \$0.00 \$362.22 \$65,275.02
65 \$65,275.02 \$849.34 \$0.00 \$369.07 \$66,493.43
66 \$66,493.43 \$849.34 \$0.00 \$375.96 \$67,718.73
67 \$67,718.73 \$849.34 \$0.00 \$382.89 \$68,950.96
68 \$68,950.96 \$849.34 \$0.00 \$389.86 \$70,190.16
69 \$70,190.16 \$849.34 \$0.00 \$396.87 \$71,436.37
70 \$71,436.37 \$849.34 \$0.00 \$403.91 \$72,689.62
71 \$72,689.62 \$849.34 \$0.00 \$411.00 \$73,949.96
72 \$73,949.96 \$849.34 \$0.00 \$418.12 \$75,217.42
73 \$75,217.42 \$849.34 \$0.00 \$425.29 \$76,492.05
74 \$76,492.05 \$849.34 \$0.00 \$432.50 \$77,773.89
75 \$77,773.89 \$849.34 \$0.00 \$439.74 \$79,062.97
76 \$79,062.97 \$849.34 \$0.00 \$447.03 \$80,359.34
77 \$80,359.34 \$849.34 \$0.00 \$454.36 \$81,663.04
78 \$81,663.04 \$849.34 \$0.00 \$461.73 \$82,974.11
79 \$82,974.11 \$849.34 \$0.00 \$469.15 \$84,292.60
80 \$84,292.60 \$849.34 \$0.00 \$476.60 \$85,618.54
81 \$85,618.54 \$849.34 \$0.00 \$484.10 \$86,951.98
82 \$86,951.98 \$849.34 \$0.00 \$491.64 \$88,292.96
83 \$88,292.96 \$849.34 \$0.00 \$499.22 \$89,641.52
84 \$89,641.52 \$849.34 \$0.00 \$506.85 \$90,997.71
85 \$90,997.71 \$849.34 \$0.00 \$514.51 \$92,361.56
86 \$92,361.56 \$849.34 \$0.00 \$522.23 \$93,733.13
87 \$93,733.13 \$849.34 \$0.00 \$529.98 \$95,112.45
88 \$95,112.45 \$849.34 \$0.00 \$537.78 \$96,499.57
89 \$96,499.57 \$849.34 \$0.00 \$545.62 \$97,894.53
90 \$97,894.53 \$849.34 \$0.00 \$553.51 \$99,297.38
91 \$99,297.38 \$849.34 \$0.00 \$561.44 \$100,708.16
92 \$100,708.16 \$849.34 \$0.00 \$569.42 \$102,126.92
93 \$102,126.92 \$849.34 \$0.00 \$577.44 \$103,553.70
94 \$103,553.70 \$849.34 \$0.00 \$585.51 \$104,988.55
95 \$104,988.55 \$849.34 \$0.00 \$593.62 \$106,431.51
96 \$106,431.51 \$849.34 \$0.00 \$601.78 \$107,882.63
97 \$107,882.63 \$849.34 \$0.00 \$609.98 \$109,341.95
98 \$109,341.95 \$849.34 \$0.00 \$618.24 \$110,809.53
99 \$110,809.53 \$849.34 \$0.00 \$626.53 \$112,285.40
100 \$112,285.40 \$849.34 \$0.00 \$634.88 \$113,769.62
101 \$113,769.62 \$849.34 \$0.00 \$643.27 \$115,262.23
102 \$115,262.23 \$849.34 \$0.00 \$651.71 \$116,763.28
103 \$116,763.28 \$849.34 \$0.00 \$660.20 \$118,272.82
104 \$118,272.82 \$849.34 \$0.00 \$668.73 \$119,790.89
105 \$119,790.89 \$849.34 \$0.00 \$677.32 \$121,317.55
106 \$121,317.55 \$849.34 \$0.00 \$685.95 \$122,852.84
107 \$122,852.84 \$849.34 \$0.00 \$694.63 \$124,396.81
108 \$124,396.81 \$849.34 \$0.00 \$703.36 \$125,949.51
109 \$125,949.51 \$849.34 \$0.00 \$712.14 \$127,510.99
110 \$127,510.99 \$849.34 \$0.00 \$720.97 \$129,081.30
111 \$129,081.30 \$849.34 \$0.00 \$729.84 \$130,660.48
112 \$130,660.48 \$849.34 \$0.00 \$738.77 \$132,248.59
113 \$132,248.59 \$849.34 \$0.00 \$747.75 \$133,845.68
114 \$133,845.68 \$849.34 \$0.00 \$756.78 \$135,451.80
115 \$135,451.80 \$849.34 \$0.00 \$765.86 \$137,067.00
116 \$137,067.00 \$849.34 \$0.00 \$775.00 \$138,691.34
117 \$138,691.34 \$849.34 \$0.00 \$784.18 \$140,324.86
118 \$140,324.86 \$849.34 \$0.00 \$793.42 \$141,967.62
119 \$141,967.62 \$849.34 \$0.00 \$802.71 \$143,619.67
120 \$143,619.67 \$849.34 \$0.00 \$812.05 \$145,281.06
121 \$145,281.06 \$849.34 \$0.00 \$821.44 \$146,951.84
122 \$146,951.84 \$849.34 \$0.00 \$830.89 \$148,632.07
123 \$148,632.07 \$849.34 \$0.00 \$840.39 \$150,321.80
124 \$150,321.80 \$849.34 \$0.00 \$849.94 \$152,021.08
125 \$152,021.08 \$849.34 \$0.00 \$859.55 \$153,729.97
126 \$153,729.97 \$849.34 \$0.00 \$869.21 \$155,448.52
127 \$155,448.52 \$849.34 \$0.00 \$878.93 \$157,176.79
128 \$157,176.79 \$849.34 \$0.00 \$888.70 \$158,914.83
129 \$158,914.83 \$849.34 \$0.00 \$898.53 \$160,662.70
130 \$160,662.70 \$849.34 \$0.00 \$908.41 \$162,420.45
131 \$162,420.45 \$849.34 \$0.00 \$918.35 \$164,188.14
132 \$164,188.14 \$849.34 \$0.00 \$928.34 \$165,965.82
133 \$165,965.82 \$849.34 \$0.00 \$938.39 \$167,753.55
134 \$167,753.55 \$849.34 \$0.00 \$948.50 \$169,551.39
135 \$169,551.39 \$849.34 \$0.00 \$958.67 \$171,359.40
136 \$171,359.40 \$849.34 \$0.00 \$968.89 \$173,177.63
137 \$173,177.63 \$849.34 \$0.00 \$979.17 \$175,006.14
138 \$175,006.14 \$849.34 \$0.00 \$989.51 \$176,844.99
139 \$176,844.99 \$849.34 \$0.00 \$999.91 \$178,694.24
140 \$178,694.24 \$849.34 \$0.00 \$1,010.36 \$180,553.94
141 \$180,553.94 \$849.34 \$0.00 \$1,020.88 \$182,424.16
142 \$182,424.16 \$849.34 \$0.00 \$1,031.45 \$184,304.95
143 \$184,304.95 \$849.34 \$0.00 \$1,042.09 \$186,196.38
144 \$186,196.38 \$849.34 \$0.00 \$1,052.78 \$188,098.50
145 \$188,098.50 \$849.34 \$0.00 \$1,063.54 \$190,011.38
146 \$190,011.38 \$849.34 \$0.00 \$1,074.35 \$191,935.07
147 \$191,935.07 \$849.34 \$0.00 \$1,085.23 \$193,869.64
148 \$193,869.64 \$849.34 \$0.00 \$1,096.17 \$195,815.15
149 \$195,815.15 \$849.34 \$0.00 \$1,107.17 \$197,771.66
150 \$197,771.66 \$849.34 \$0.00 \$1,118.23 \$199,739.23
151 \$199,739.23 \$849.34 \$0.00 \$1,129.35 \$201,717.92
152 \$201,717.92 \$849.34 \$0.00 \$1,140.54 \$203,707.80
153 \$203,707.80 \$849.34 \$0.00 \$1,151.79 \$205,708.93
154 \$205,708.93 \$849.34 \$0.00 \$1,163.11 \$207,721.38
155 \$207,721.38 \$849.34 \$0.00 \$1,174.49 \$209,745.21
156 \$209,745.21 \$849.34 \$0.00 \$1,185.93 \$211,780.48
157 \$211,780.48 \$849.34 \$0.00 \$1,197.44 \$213,827.26
158 \$213,827.26 \$849.34 \$0.00 \$1,209.01 \$215,885.61
159 \$215,885.61 \$849.34 \$0.00 \$1,220.65 \$217,955.60
160 \$217,955.60 \$849.34 \$0.00 \$1,232.35 \$220,037.29
161 \$220,037.29 \$849.34 \$0.00 \$1,244.12 \$222,130.75
162 \$222,130.75 \$849.34 \$0.00 \$1,255.96 \$224,236.05
163 \$224,236.05 \$849.34 \$0.00 \$1,267.86 \$226,353.25
164 \$226,353.25 \$849.34 \$0.00 \$1,279.83 \$228,482.42
165 \$228,482.42 \$849.34 \$0.00 \$1,291.87 \$230,623.63
166 \$230,623.63 \$849.34 \$0.00 \$1,303.98 \$232,776.95
167 \$232,776.95 \$849.34 \$0.00 \$1,316.15 \$234,942.44
168 \$234,942.44 \$849.34 \$0.00 \$1,328.40 \$237,120.18
169 \$237,120.18 \$849.34 \$0.00 \$1,340.71 \$239,310.23
170 \$239,310.23 \$849.34 \$0.00 \$1,353.09 \$241,512.66
171 \$241,512.66 \$849.34 \$0.00 \$1,365.55 \$243,727.55
172 \$243,727.55 \$849.34 \$0.00 \$1,378.07 \$245,954.96
173 \$245,954.96 \$849.34 \$0.00 \$1,390.67 \$248,194.97
174 \$248,194.97 \$849.34 \$0.00 \$1,403.33 \$250,447.64
175 \$250,447.64 \$849.34 \$0.00 \$1,416.07 \$252,713.05
176 \$252,713.05 \$849.34 \$0.00 \$1,428.88 \$254,991.27
177 \$254,991.27 \$849.34 \$0.00 \$1,441.76 \$257,282.37
178 \$257,282.37 \$849.34 \$0.00 \$1,454.71 \$259,586.42
179 \$259,586.42 \$849.34 \$0.00 \$1,467.74 \$261,903.50
180 \$261,903.50 \$849.34 \$0.00 \$1,480.84 \$264,233.68
181 \$264,233.68 \$849.34 \$0.00 \$1,494.02 \$266,577.04
182 \$266,577.04 \$849.34 \$0.00 \$1,507.27 \$268,933.65
183 \$268,933.65 \$849.34 \$0.00 \$1,520.59 \$271,303.58
184 \$271,303.58 \$849.34 \$0.00 \$1,533.99 \$273,686.91
185 \$273,686.91 \$849.34 \$0.00 \$1,547.47 \$276,083.72
186 \$276,083.72 \$849.34 \$0.00 \$1,561.02 \$278,494.08
187 \$278,494.08 \$849.34 \$0.00 \$1,574.65 \$280,918.07
188 \$280,918.07 \$849.34 \$0.00 \$1,588.35 \$283,355.76
189 \$283,355.76 \$849.34 \$0.00 \$1,602.13 \$285,807.23
190 \$285,807.23 \$849.34 \$0.00 \$1,616.00 \$288,272.57
191 \$288,272.57 \$849.34 \$0.00 \$1,629.94 \$290,751.85
192 \$290,751.85 \$849.34 \$0.00 \$1,643.95 \$293,245.14
193 \$293,245.14 \$849.34 \$0.00 \$1,658.05 \$295,752.53
194 \$295,752.53 \$849.34 \$0.00 \$1,672.23 \$298,274.10
195 \$298,274.10 \$849.34 \$0.00 \$1,686.49 \$300,809.93
196 \$300,809.93 \$849.34 \$0.00 \$1,700.82 \$303,360.09
197 \$303,360.09 \$849.34 \$0.00 \$1,715.24 \$305,924.67
198 \$305,924.67 \$849.34 \$0.00 \$1,729.74 \$308,503.75
199 \$308,503.75 \$849.34 \$0.00 \$1,744.33 \$311,097.42
200 \$311,097.42 \$849.34 \$0.00 \$1,758.99 \$313,705.75
201 \$313,705.75 \$849.34 \$0.00 \$1,773.74 \$316,328.83
202 \$316,328.83 \$849.34 \$0.00 \$1,788.57 \$318,966.74
203 \$318,966.74 \$849.34 \$0.00 \$1,803.48 \$321,619.56
204 \$321,619.56 \$849.34 \$0.00 \$1,818.48 \$324,287.38
205 \$324,287.38 \$849.34 \$0.00 \$1,833.57 \$326,970.29
206 \$326,970.29 \$849.34 \$0.00 \$1,848.74 \$329,668.37
207 \$329,668.37 \$849.34 \$0.00 \$1,863.99 \$332,381.70
208 \$332,381.70 \$849.34 \$0.00 \$1,879.33 \$335,110.37
209 \$335,110.37 \$849.34 \$0.00 \$1,894.76 \$337,854.47
210 \$337,854.47 \$849.34 \$0.00 \$1,910.28 \$340,614.09
211 \$340,614.09 \$849.34 \$0.00 \$1,925.88 \$343,389.31
212 \$343,389.31 \$849.34 \$0.00 \$1,941.57 \$346,180.22
213 \$346,180.22 \$849.34 \$0.00 \$1,957.35 \$348,986.91
214 \$348,986.91 \$849.34 \$0.00 \$1,973.22 \$351,809.47
215 \$351,809.47 \$849.34 \$0.00 \$1,989.18 \$354,647.99
216 \$354,647.99 \$849.34 \$0.00 \$2,005.23 \$357,502.56
217 \$357,502.56 \$849.34 \$99,576.28 \$2,021.37 \$260,796.99
218 \$260,796.99 \$849.34 \$0.00 \$1,474.58 \$263,120.91
219 \$263,120.91 \$849.34 \$0.00 \$1,487.72 \$265,457.97
220 \$265,457.97 \$849.34 \$0.00 \$1,500.94 \$267,808.25
221 \$267,808.25 \$849.34 \$0.00 \$1,514.23 \$270,171.82
222 \$270,171.82 \$849.34 \$0.00 \$1,527.59 \$272,548.75
223 \$272,548.75 \$849.34 \$0.00 \$1,541.03 \$274,939.12
224 \$274,939.12 \$849.34 \$0.00 \$1,554.55 \$277,343.01
225 \$277,343.01 \$849.34 \$0.00 \$1,568.14 \$279,760.49
226 \$279,760.49 \$849.34 \$0.00 \$1,581.81 \$282,191.64
227 \$282,191.64 \$849.34 \$0.00 \$1,595.55 \$284,636.53
228 \$284,636.53 \$849.34 \$0.00 \$1,609.38 \$287,095.25
229 \$287,095.25 \$849.34 \$104,555.09 \$1,623.28 \$185,012.78
230 \$185,012.78 \$849.34 \$0.00 \$1,046.09 \$186,908.21
231 \$186,908.21 \$849.34 \$0.00 \$1,056.81 \$188,814.36
232 \$188,814.36 \$849.34 \$0.00 \$1,067.58 \$190,731.28
233 \$190,731.28 \$849.34 \$0.00 \$1,078.42 \$192,659.04
234 \$192,659.04 \$849.34 \$0.00 \$1,089.32 \$194,597.70
235 \$194,597.70 \$849.34 \$0.00 \$1,100.28 \$196,547.32
236 \$196,547.32 \$849.34 \$0.00 \$1,111.31 \$198,507.97
237 \$198,507.97 \$849.34 \$0.00 \$1,122.39 \$200,479.70
238 \$200,479.70 \$849.34 \$0.00 \$1,133.54 \$202,462.58
239 \$202,462.58 \$849.34 \$0.00 \$1,144.75 \$204,456.67
240 \$204,456.67 \$849.34 \$0.00 \$1,156.03 \$206,462.04
241 \$206,462.04 \$849.34 \$109,782.85 \$1,167.37 \$98,695.90
242 \$98,695.90 \$849.34 \$0.00 \$558.04 \$100,103.28
243 \$100,103.28 \$849.34 \$0.00 \$566.00 \$101,518.62
244 \$101,518.62 \$849.34 \$0.00 \$574.00 \$102,941.96
245 \$102,941.96 \$849.34 \$0.00 \$582.05 \$104,373.35
246 \$104,373.35 \$849.34 \$0.00 \$590.14 \$105,812.83
247 \$105,812.83 \$849.34 \$0.00 \$598.28 \$107,260.45
248 \$107,260.45 \$849.34 \$0.00 \$606.47 \$108,716.26
249 \$108,716.26 \$849.34 \$0.00 \$614.70 \$110,180.30
250 \$110,180.30 \$849.34 \$0.00 \$622.98 \$111,652.62
251 \$111,652.62 \$849.34 \$0.00 \$631.30 \$113,133.26
252 \$113,133.26 \$849.34 \$0.00 \$639.67 \$114,622.27
253 \$114,622.27 \$0.00 \$115,271.99 \$648.09 (\$1.63)