Savings Plan and Future Cost Estimation for University of the Pacific

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$271,265
Monthly savings required$2,144

How much will it cost to send your child to University of the Pacific in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,085,059.92 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,143.88 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$72,305.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $2,143.88 $0.00 $0.00 $2,143.88
2 $2,143.88 $2,143.88 $0.00 $12.12 $4,299.88
3 $4,299.88 $2,143.88 $0.00 $24.31 $6,468.07
4 $6,468.07 $2,143.88 $0.00 $36.57 $8,648.52
5 $8,648.52 $2,143.88 $0.00 $48.90 $10,841.30
6 $10,841.30 $2,143.88 $0.00 $61.30 $13,046.48
7 $13,046.48 $2,143.88 $0.00 $73.77 $15,264.13
8 $15,264.13 $2,143.88 $0.00 $86.31 $17,494.32
9 $17,494.32 $2,143.88 $0.00 $98.92 $19,737.12
10 $19,737.12 $2,143.88 $0.00 $111.60 $21,992.60
11 $21,992.60 $2,143.88 $0.00 $124.35 $24,260.83
12 $24,260.83 $2,143.88 $0.00 $137.17 $26,541.88
13 $26,541.88 $2,143.88 $0.00 $150.07 $28,835.83
14 $28,835.83 $2,143.88 $0.00 $163.04 $31,142.75
15 $31,142.75 $2,143.88 $0.00 $176.09 $33,462.72
16 $33,462.72 $2,143.88 $0.00 $189.20 $35,795.80
17 $35,795.80 $2,143.88 $0.00 $202.39 $38,142.07
18 $38,142.07 $2,143.88 $0.00 $215.66 $40,501.61
19 $40,501.61 $2,143.88 $0.00 $229.00 $42,874.49
20 $42,874.49 $2,143.88 $0.00 $242.42 $45,260.79
21 $45,260.79 $2,143.88 $0.00 $255.91 $47,660.58
22 $47,660.58 $2,143.88 $0.00 $269.48 $50,073.94
23 $50,073.94 $2,143.88 $0.00 $283.13 $52,500.95
24 $52,500.95 $2,143.88 $0.00 $296.85 $54,941.68
25 $54,941.68 $2,143.88 $0.00 $310.65 $57,396.21
26 $57,396.21 $2,143.88 $0.00 $324.53 $59,864.62
27 $59,864.62 $2,143.88 $0.00 $338.48 $62,346.98
28 $62,346.98 $2,143.88 $0.00 $352.52 $64,843.38
29 $64,843.38 $2,143.88 $0.00 $366.63 $67,353.89
30 $67,353.89 $2,143.88 $0.00 $380.83 $69,878.60
31 $69,878.60 $2,143.88 $0.00 $395.10 $72,417.58
32 $72,417.58 $2,143.88 $0.00 $409.46 $74,970.92
33 $74,970.92 $2,143.88 $0.00 $423.90 $77,538.70
34 $77,538.70 $2,143.88 $0.00 $438.42 $80,121.00
35 $80,121.00 $2,143.88 $0.00 $453.02 $82,717.90
36 $82,717.90 $2,143.88 $0.00 $467.70 $85,329.48
37 $85,329.48 $2,143.88 $0.00 $482.47 $87,955.83
38 $87,955.83 $2,143.88 $0.00 $497.32 $90,597.03
39 $90,597.03 $2,143.88 $0.00 $512.25 $93,253.16
40 $93,253.16 $2,143.88 $0.00 $527.27 $95,924.31
41 $95,924.31 $2,143.88 $0.00 $542.37 $98,610.56
42 $98,610.56 $2,143.88 $0.00 $557.56 $101,312.00
43 $101,312.00 $2,143.88 $0.00 $572.83 $104,028.71
44 $104,028.71 $2,143.88 $0.00 $588.19 $106,760.78
45 $106,760.78 $2,143.88 $0.00 $603.64 $109,508.30
46 $109,508.30 $2,143.88 $0.00 $619.18 $112,271.36
47 $112,271.36 $2,143.88 $0.00 $634.80 $115,050.04
48 $115,050.04 $2,143.88 $0.00 $650.51 $117,844.43
49 $117,844.43 $2,143.88 $0.00 $666.31 $120,654.62
50 $120,654.62 $2,143.88 $0.00 $682.20 $123,480.70
51 $123,480.70 $2,143.88 $0.00 $698.18 $126,322.76
52 $126,322.76 $2,143.88 $0.00 $714.25 $129,180.89
53 $129,180.89 $2,143.88 $0.00 $730.41 $132,055.18
54 $132,055.18 $2,143.88 $0.00 $746.66 $134,945.72
55 $134,945.72 $2,143.88 $0.00 $763.00 $137,852.60
56 $137,852.60 $2,143.88 $0.00 $779.44 $140,775.92
57 $140,775.92 $2,143.88 $0.00 $795.97 $143,715.77
58 $143,715.77 $2,143.88 $0.00 $812.59 $146,672.24
59 $146,672.24 $2,143.88 $0.00 $829.31 $149,645.43
60 $149,645.43 $2,143.88 $0.00 $846.12 $152,635.43
61 $152,635.43 $2,143.88 $0.00 $863.02 $155,642.33
62 $155,642.33 $2,143.88 $0.00 $880.02 $158,666.23
63 $158,666.23 $2,143.88 $0.00 $897.12 $161,707.23
64 $161,707.23 $2,143.88 $0.00 $914.32 $164,765.43
65 $164,765.43 $2,143.88 $0.00 $931.61 $167,840.92
66 $167,840.92 $2,143.88 $0.00 $949.00 $170,933.80
67 $170,933.80 $2,143.88 $0.00 $966.48 $174,044.16
68 $174,044.16 $2,143.88 $0.00 $984.07 $177,172.11
69 $177,172.11 $2,143.88 $0.00 $1,001.76 $180,317.75
70 $180,317.75 $2,143.88 $0.00 $1,019.54 $183,481.17
71 $183,481.17 $2,143.88 $0.00 $1,037.43 $186,662.48
72 $186,662.48 $2,143.88 $0.00 $1,055.42 $189,861.78
73 $189,861.78 $2,143.88 $0.00 $1,073.51 $193,079.17
74 $193,079.17 $2,143.88 $0.00 $1,091.70 $196,314.75
75 $196,314.75 $2,143.88 $0.00 $1,109.99 $199,568.62
76 $199,568.62 $2,143.88 $0.00 $1,128.39 $202,840.89
77 $202,840.89 $2,143.88 $0.00 $1,146.89 $206,131.66
78 $206,131.66 $2,143.88 $0.00 $1,165.50 $209,441.04
79 $209,441.04 $2,143.88 $0.00 $1,184.21 $212,769.13
80 $212,769.13 $2,143.88 $0.00 $1,203.03 $216,116.04
81 $216,116.04 $2,143.88 $0.00 $1,221.95 $219,481.87
82 $219,481.87 $2,143.88 $0.00 $1,240.98 $222,866.73
83 $222,866.73 $2,143.88 $0.00 $1,260.12 $226,270.73
84 $226,270.73 $2,143.88 $0.00 $1,279.37 $229,693.98
85 $229,693.98 $2,143.88 $0.00 $1,298.72 $233,136.58
86 $233,136.58 $2,143.88 $0.00 $1,318.19 $236,598.65
87 $236,598.65 $2,143.88 $0.00 $1,337.76 $240,080.29
88 $240,080.29 $2,143.88 $0.00 $1,357.45 $243,581.62
89 $243,581.62 $2,143.88 $0.00 $1,377.25 $247,102.75
90 $247,102.75 $2,143.88 $0.00 $1,397.15 $250,643.78
91 $250,643.78 $2,143.88 $0.00 $1,417.18 $254,204.84
92 $254,204.84 $2,143.88 $0.00 $1,437.31 $257,786.03
93 $257,786.03 $2,143.88 $0.00 $1,457.56 $261,387.47
94 $261,387.47 $2,143.88 $0.00 $1,477.92 $265,009.27
95 $265,009.27 $2,143.88 $0.00 $1,498.40 $268,651.55
96 $268,651.55 $2,143.88 $0.00 $1,518.99 $272,314.42
97 $272,314.42 $2,143.88 $0.00 $1,539.71 $275,998.01
98 $275,998.01 $2,143.88 $0.00 $1,560.53 $279,702.42
99 $279,702.42 $2,143.88 $0.00 $1,581.48 $283,427.78
100 $283,427.78 $2,143.88 $0.00 $1,602.54 $287,174.20
101 $287,174.20 $2,143.88 $0.00 $1,623.72 $290,941.80
102 $290,941.80 $2,143.88 $0.00 $1,645.03 $294,730.71
103 $294,730.71 $2,143.88 $0.00 $1,666.45 $298,541.04
104 $298,541.04 $2,143.88 $0.00 $1,687.99 $302,372.91
105 $302,372.91 $2,143.88 $0.00 $1,709.66 $306,226.45
106 $306,226.45 $2,143.88 $0.00 $1,731.45 $310,101.78
107 $310,101.78 $2,143.88 $0.00 $1,753.36 $313,999.02
108 $313,999.02 $2,143.88 $0.00 $1,775.40 $317,918.30
109 $317,918.30 $2,143.88 $0.00 $1,797.56 $321,859.74
110 $321,859.74 $2,143.88 $0.00 $1,819.84 $325,823.46
111 $325,823.46 $2,143.88 $0.00 $1,842.25 $329,809.59
112 $329,809.59 $2,143.88 $0.00 $1,864.79 $333,818.26
113 $333,818.26 $2,143.88 $0.00 $1,887.46 $337,849.60
114 $337,849.60 $2,143.88 $0.00 $1,910.25 $341,903.73
115 $341,903.73 $2,143.88 $0.00 $1,933.17 $345,980.78
116 $345,980.78 $2,143.88 $0.00 $1,956.23 $350,080.89
117 $350,080.89 $2,143.88 $0.00 $1,979.41 $354,204.18
118 $354,204.18 $2,143.88 $0.00 $2,002.72 $358,350.78
119 $358,350.78 $2,143.88 $0.00 $2,026.17 $362,520.83
120 $362,520.83 $2,143.88 $0.00 $2,049.75 $366,714.46
121 $366,714.46 $2,143.88 $0.00 $2,073.46 $370,931.80
122 $370,931.80 $2,143.88 $0.00 $2,097.30 $375,172.98
123 $375,172.98 $2,143.88 $0.00 $2,121.28 $379,438.14
124 $379,438.14 $2,143.88 $0.00 $2,145.40 $383,727.42
125 $383,727.42 $2,143.88 $0.00 $2,169.65 $388,040.95
126 $388,040.95 $2,143.88 $0.00 $2,194.04 $392,378.87
127 $392,378.87 $2,143.88 $0.00 $2,218.57 $396,741.32
128 $396,741.32 $2,143.88 $0.00 $2,243.23 $401,128.43
129 $401,128.43 $2,143.88 $0.00 $2,268.04 $405,540.35
130 $405,540.35 $2,143.88 $0.00 $2,292.98 $409,977.21
131 $409,977.21 $2,143.88 $0.00 $2,318.07 $414,439.16
132 $414,439.16 $2,143.88 $0.00 $2,343.30 $418,926.34
133 $418,926.34 $2,143.88 $0.00 $2,368.67 $423,438.89
134 $423,438.89 $2,143.88 $0.00 $2,394.19 $427,976.96
135 $427,976.96 $2,143.88 $0.00 $2,419.84 $432,540.68
136 $432,540.68 $2,143.88 $0.00 $2,445.65 $437,130.21
137 $437,130.21 $2,143.88 $0.00 $2,471.60 $441,745.69
138 $441,745.69 $2,143.88 $0.00 $2,497.69 $446,387.26
139 $446,387.26 $2,143.88 $0.00 $2,523.94 $451,055.08
140 $451,055.08 $2,143.88 $0.00 $2,550.33 $455,749.29
141 $455,749.29 $2,143.88 $0.00 $2,576.87 $460,470.04
142 $460,470.04 $2,143.88 $0.00 $2,603.56 $465,217.48
143 $465,217.48 $2,143.88 $0.00 $2,630.41 $469,991.77
144 $469,991.77 $2,143.88 $0.00 $2,657.40 $474,793.05
145 $474,793.05 $2,143.88 $0.00 $2,684.55 $479,621.48
146 $479,621.48 $2,143.88 $0.00 $2,711.85 $484,477.21
147 $484,477.21 $2,143.88 $0.00 $2,739.30 $489,360.39
148 $489,360.39 $2,143.88 $0.00 $2,766.91 $494,271.18
149 $494,271.18 $2,143.88 $0.00 $2,794.68 $499,209.74
150 $499,209.74 $2,143.88 $0.00 $2,822.60 $504,176.22
151 $504,176.22 $2,143.88 $0.00 $2,850.69 $509,170.79
152 $509,170.79 $2,143.88 $0.00 $2,878.93 $514,193.60
153 $514,193.60 $2,143.88 $0.00 $2,907.33 $519,244.81
154 $519,244.81 $2,143.88 $0.00 $2,935.89 $524,324.58
155 $524,324.58 $2,143.88 $0.00 $2,964.61 $529,433.07
156 $529,433.07 $2,143.88 $0.00 $2,993.49 $534,570.44
157 $534,570.44 $2,143.88 $0.00 $3,022.54 $539,736.86
158 $539,736.86 $2,143.88 $0.00 $3,051.75 $544,932.49
159 $544,932.49 $2,143.88 $0.00 $3,081.13 $550,157.50
160 $550,157.50 $2,143.88 $0.00 $3,110.67 $555,412.05
161 $555,412.05 $2,143.88 $0.00 $3,140.38 $560,696.31
162 $560,696.31 $2,143.88 $0.00 $3,170.26 $566,010.45
163 $566,010.45 $2,143.88 $0.00 $3,200.31 $571,354.64
164 $571,354.64 $2,143.88 $0.00 $3,230.52 $576,729.04
165 $576,729.04 $2,143.88 $0.00 $3,260.91 $582,133.83
166 $582,133.83 $2,143.88 $0.00 $3,291.47 $587,569.18
167 $587,569.18 $2,143.88 $0.00 $3,322.20 $593,035.26
168 $593,035.26 $2,143.88 $0.00 $3,353.11 $598,532.25
169 $598,532.25 $2,143.88 $0.00 $3,384.19 $604,060.32
170 $604,060.32 $2,143.88 $0.00 $3,415.44 $609,619.64
171 $609,619.64 $2,143.88 $0.00 $3,446.88 $615,210.40
172 $615,210.40 $2,143.88 $0.00 $3,478.49 $620,832.77
173 $620,832.77 $2,143.88 $0.00 $3,510.28 $626,486.93
174 $626,486.93 $2,143.88 $0.00 $3,542.25 $632,173.06
175 $632,173.06 $2,143.88 $0.00 $3,574.40 $637,891.34
176 $637,891.34 $2,143.88 $0.00 $3,606.73 $643,641.95
177 $643,641.95 $2,143.88 $0.00 $3,639.25 $649,425.08
178 $649,425.08 $2,143.88 $0.00 $3,671.94 $655,240.90
179 $655,240.90 $2,143.88 $0.00 $3,704.83 $661,089.61
180 $661,089.61 $2,143.88 $0.00 $3,737.90 $666,971.39
181 $666,971.39 $2,143.88 $0.00 $3,771.15 $672,886.42
182 $672,886.42 $2,143.88 $0.00 $3,804.60 $678,834.90
183 $678,834.90 $2,143.88 $0.00 $3,838.23 $684,817.01
184 $684,817.01 $2,143.88 $0.00 $3,872.05 $690,832.94
185 $690,832.94 $2,143.88 $0.00 $3,906.07 $696,882.89
186 $696,882.89 $2,143.88 $0.00 $3,940.28 $702,967.05
187 $702,967.05 $2,143.88 $0.00 $3,974.68 $709,085.61
188 $709,085.61 $2,143.88 $0.00 $4,009.27 $715,238.76
189 $715,238.76 $2,143.88 $0.00 $4,044.06 $721,426.70
190 $721,426.70 $2,143.88 $0.00 $4,079.05 $727,649.63
191 $727,649.63 $2,143.88 $0.00 $4,114.24 $733,907.75
192 $733,907.75 $2,143.88 $0.00 $4,149.62 $740,201.25
193 $740,201.25 $2,143.88 $0.00 $4,185.21 $746,530.34
194 $746,530.34 $2,143.88 $0.00 $4,220.99 $752,895.21
195 $752,895.21 $2,143.88 $0.00 $4,256.98 $759,296.07
196 $759,296.07 $2,143.88 $0.00 $4,293.17 $765,733.12
197 $765,733.12 $2,143.88 $0.00 $4,329.57 $772,206.57
198 $772,206.57 $2,143.88 $0.00 $4,366.17 $778,716.62
199 $778,716.62 $2,143.88 $0.00 $4,402.98 $785,263.48
200 $785,263.48 $2,143.88 $0.00 $4,439.99 $791,847.35
201 $791,847.35 $2,143.88 $0.00 $4,477.22 $798,468.45
202 $798,468.45 $2,143.88 $0.00 $4,514.66 $805,126.99
203 $805,126.99 $2,143.88 $0.00 $4,552.31 $811,823.18
204 $811,823.18 $2,143.88 $0.00 $4,590.17 $818,557.23
205 $818,557.23 $2,143.88 $0.00 $4,628.24 $825,329.35
206 $825,329.35 $2,143.88 $0.00 $4,666.53 $832,139.76
207 $832,139.76 $2,143.88 $0.00 $4,705.04 $838,988.68
208 $838,988.68 $2,143.88 $0.00 $4,743.76 $845,876.32
209 $845,876.32 $2,143.88 $0.00 $4,782.71 $852,802.91
210 $852,802.91 $2,143.88 $0.00 $4,821.87 $859,768.66
211 $859,768.66 $2,143.88 $0.00 $4,861.26 $866,773.80
212 $866,773.80 $2,143.88 $0.00 $4,900.87 $873,818.55
213 $873,818.55 $2,143.88 $0.00 $4,940.70 $880,903.13
214 $880,903.13 $2,143.88 $0.00 $4,980.75 $888,027.76
215 $888,027.76 $2,143.88 $0.00 $5,021.04 $895,192.68
216 $895,192.68 $2,143.88 $0.00 $5,061.55 $902,398.11
217 $902,398.11 $2,143.88 $244,386.00 $5,102.29 $665,258.28
218 $665,258.28 $2,143.88 $0.00 $3,761.47 $671,163.63
219 $671,163.63 $2,143.88 $0.00 $3,794.86 $677,102.37
220 $677,102.37 $2,143.88 $0.00 $3,828.44 $683,074.69
221 $683,074.69 $2,143.88 $0.00 $3,862.20 $689,080.77
222 $689,080.77 $2,143.88 $0.00 $3,896.16 $695,120.81
223 $695,120.81 $2,143.88 $0.00 $3,930.31 $701,195.00
224 $701,195.00 $2,143.88 $0.00 $3,964.66 $707,303.54
225 $707,303.54 $2,143.88 $0.00 $3,999.20 $713,446.62
226 $713,446.62 $2,143.88 $0.00 $4,033.93 $719,624.43
227 $719,624.43 $2,143.88 $0.00 $4,068.86 $725,837.17
228 $725,837.17 $2,143.88 $0.00 $4,103.99 $732,085.04
229 $732,085.04 $2,143.88 $261,493.02 $4,139.32 $476,875.22
230 $476,875.22 $2,143.88 $0.00 $2,696.32 $481,715.42
231 $481,715.42 $2,143.88 $0.00 $2,723.69 $486,582.99
232 $486,582.99 $2,143.88 $0.00 $2,751.21 $491,478.08
233 $491,478.08 $2,143.88 $0.00 $2,778.89 $496,400.85
234 $496,400.85 $2,143.88 $0.00 $2,806.72 $501,351.45
235 $501,351.45 $2,143.88 $0.00 $2,834.71 $506,330.04
236 $506,330.04 $2,143.88 $0.00 $2,862.86 $511,336.78
237 $511,336.78 $2,143.88 $0.00 $2,891.17 $516,371.83
238 $516,371.83 $2,143.88 $0.00 $2,919.64 $521,435.35
239 $521,435.35 $2,143.88 $0.00 $2,948.27 $526,527.50
240 $526,527.50 $2,143.88 $0.00 $2,977.06 $531,648.44
241 $531,648.44 $2,143.88 $279,797.54 $3,006.02 $257,000.80
242 $257,000.80 $2,143.88 $0.00 $1,453.12 $260,597.80
243 $260,597.80 $2,143.88 $0.00 $1,473.46 $264,215.14
244 $264,215.14 $2,143.88 $0.00 $1,493.91 $267,852.93
245 $267,852.93 $2,143.88 $0.00 $1,514.48 $271,511.29
246 $271,511.29 $2,143.88 $0.00 $1,535.16 $275,190.33
247 $275,190.33 $2,143.88 $0.00 $1,555.97 $278,890.18
248 $278,890.18 $2,143.88 $0.00 $1,576.89 $282,610.95
249 $282,610.95 $2,143.88 $0.00 $1,597.92 $286,352.75
250 $286,352.75 $2,143.88 $0.00 $1,619.08 $290,115.71
251 $290,115.71 $2,143.88 $0.00 $1,640.36 $293,899.95
252 $293,899.95 $2,143.88 $0.00 $1,661.75 $297,705.58
253 $297,705.58 $0.00 $299,383.36 $1,683.27 $5.49