Savings Plan and Future Cost Estimation for West Coast University Ontario

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$133,965
Monthly savings required$1,060

How much will it cost to send your child to West Coast University Ontario in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $535,860.38 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,060.46 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$51,660.00
Years until enrollment18
Annual Tuition Increase5%
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 $1,060.46 $0.00 $0.00 $1,060.46
2 $1,060.46 $1,060.46 $0.00 $6.00 $2,126.92
3 $2,126.92 $1,060.46 $0.00 $12.03 $3,199.41
4 $3,199.41 $1,060.46 $0.00 $18.09 $4,277.96
5 $4,277.96 $1,060.46 $0.00 $24.19 $5,362.61
6 $5,362.61 $1,060.46 $0.00 $30.32 $6,453.39
7 $6,453.39 $1,060.46 $0.00 $36.49 $7,550.34
8 $7,550.34 $1,060.46 $0.00 $42.69 $8,653.49
9 $8,653.49 $1,060.46 $0.00 $48.93 $9,762.88
10 $9,762.88 $1,060.46 $0.00 $55.20 $10,878.54
11 $10,878.54 $1,060.46 $0.00 $61.51 $12,000.51
12 $12,000.51 $1,060.46 $0.00 $67.85 $13,128.82
13 $13,128.82 $1,060.46 $0.00 $74.23 $14,263.51
14 $14,263.51 $1,060.46 $0.00 $80.65 $15,404.62
15 $15,404.62 $1,060.46 $0.00 $87.10 $16,552.18
16 $16,552.18 $1,060.46 $0.00 $93.59 $17,706.23
17 $17,706.23 $1,060.46 $0.00 $100.11 $18,866.80
18 $18,866.80 $1,060.46 $0.00 $106.68 $20,033.94
19 $20,033.94 $1,060.46 $0.00 $113.27 $21,207.67
20 $21,207.67 $1,060.46 $0.00 $119.91 $22,388.04
21 $22,388.04 $1,060.46 $0.00 $126.59 $23,575.09
22 $23,575.09 $1,060.46 $0.00 $133.30 $24,768.85
23 $24,768.85 $1,060.46 $0.00 $140.05 $25,969.36
24 $25,969.36 $1,060.46 $0.00 $146.83 $27,176.65
25 $27,176.65 $1,060.46 $0.00 $153.66 $28,390.77
26 $28,390.77 $1,060.46 $0.00 $160.53 $29,611.76
27 $29,611.76 $1,060.46 $0.00 $167.43 $30,839.65
28 $30,839.65 $1,060.46 $0.00 $174.37 $32,074.48
29 $32,074.48 $1,060.46 $0.00 $181.35 $33,316.29
30 $33,316.29 $1,060.46 $0.00 $188.38 $34,565.13
31 $34,565.13 $1,060.46 $0.00 $195.44 $35,821.03
32 $35,821.03 $1,060.46 $0.00 $202.54 $37,084.03
33 $37,084.03 $1,060.46 $0.00 $209.68 $38,354.17
34 $38,354.17 $1,060.46 $0.00 $216.86 $39,631.49
35 $39,631.49 $1,060.46 $0.00 $224.08 $40,916.03
36 $40,916.03 $1,060.46 $0.00 $231.35 $42,207.84
37 $42,207.84 $1,060.46 $0.00 $238.65 $43,506.95
38 $43,506.95 $1,060.46 $0.00 $245.99 $44,813.40
39 $44,813.40 $1,060.46 $0.00 $253.38 $46,127.24
40 $46,127.24 $1,060.46 $0.00 $260.81 $47,448.51
41 $47,448.51 $1,060.46 $0.00 $268.28 $48,777.25
42 $48,777.25 $1,060.46 $0.00 $275.79 $50,113.50
43 $50,113.50 $1,060.46 $0.00 $283.35 $51,457.31
44 $51,457.31 $1,060.46 $0.00 $290.95 $52,808.72
45 $52,808.72 $1,060.46 $0.00 $298.59 $54,167.77
46 $54,167.77 $1,060.46 $0.00 $306.27 $55,534.50
47 $55,534.50 $1,060.46 $0.00 $314.00 $56,908.96
48 $56,908.96 $1,060.46 $0.00 $321.77 $58,291.19
49 $58,291.19 $1,060.46 $0.00 $329.59 $59,681.24
50 $59,681.24 $1,060.46 $0.00 $337.45 $61,079.15
51 $61,079.15 $1,060.46 $0.00 $345.35 $62,484.96
52 $62,484.96 $1,060.46 $0.00 $353.30 $63,898.72
53 $63,898.72 $1,060.46 $0.00 $361.29 $65,320.47
54 $65,320.47 $1,060.46 $0.00 $369.33 $66,750.26
55 $66,750.26 $1,060.46 $0.00 $377.42 $68,188.14
56 $68,188.14 $1,060.46 $0.00 $385.55 $69,634.15
57 $69,634.15 $1,060.46 $0.00 $393.72 $71,088.33
58 $71,088.33 $1,060.46 $0.00 $401.94 $72,550.73
59 $72,550.73 $1,060.46 $0.00 $410.21 $74,021.40
60 $74,021.40 $1,060.46 $0.00 $418.53 $75,500.39
61 $75,500.39 $1,060.46 $0.00 $426.89 $76,987.74
62 $76,987.74 $1,060.46 $0.00 $435.30 $78,483.50
63 $78,483.50 $1,060.46 $0.00 $443.76 $79,987.72
64 $79,987.72 $1,060.46 $0.00 $452.26 $81,500.44
65 $81,500.44 $1,060.46 $0.00 $460.82 $83,021.72
66 $83,021.72 $1,060.46 $0.00 $469.42 $84,551.60
67 $84,551.60 $1,060.46 $0.00 $478.07 $86,090.13
68 $86,090.13 $1,060.46 $0.00 $486.77 $87,637.36
69 $87,637.36 $1,060.46 $0.00 $495.51 $89,193.33
70 $89,193.33 $1,060.46 $0.00 $504.31 $90,758.10
71 $90,758.10 $1,060.46 $0.00 $513.16 $92,331.72
72 $92,331.72 $1,060.46 $0.00 $522.06 $93,914.24
73 $93,914.24 $1,060.46 $0.00 $531.00 $95,505.70
74 $95,505.70 $1,060.46 $0.00 $540.00 $97,106.16
75 $97,106.16 $1,060.46 $0.00 $549.05 $98,715.67
76 $98,715.67 $1,060.46 $0.00 $558.15 $100,334.28
77 $100,334.28 $1,060.46 $0.00 $567.30 $101,962.04
78 $101,962.04 $1,060.46 $0.00 $576.51 $103,599.01
79 $103,599.01 $1,060.46 $0.00 $585.76 $105,245.23
80 $105,245.23 $1,060.46 $0.00 $595.07 $106,900.76
81 $106,900.76 $1,060.46 $0.00 $604.43 $108,565.65
82 $108,565.65 $1,060.46 $0.00 $613.85 $110,239.96
83 $110,239.96 $1,060.46 $0.00 $623.31 $111,923.73
84 $111,923.73 $1,060.46 $0.00 $632.83 $113,617.02
85 $113,617.02 $1,060.46 $0.00 $642.41 $115,319.89
86 $115,319.89 $1,060.46 $0.00 $652.04 $117,032.39
87 $117,032.39 $1,060.46 $0.00 $661.72 $118,754.57
88 $118,754.57 $1,060.46 $0.00 $671.46 $120,486.49
89 $120,486.49 $1,060.46 $0.00 $681.25 $122,228.20
90 $122,228.20 $1,060.46 $0.00 $691.10 $123,979.76
91 $123,979.76 $1,060.46 $0.00 $701.00 $125,741.22
92 $125,741.22 $1,060.46 $0.00 $710.96 $127,512.64
93 $127,512.64 $1,060.46 $0.00 $720.98 $129,294.08
94 $129,294.08 $1,060.46 $0.00 $731.05 $131,085.59
95 $131,085.59 $1,060.46 $0.00 $741.18 $132,887.23
96 $132,887.23 $1,060.46 $0.00 $751.36 $134,699.05
97 $134,699.05 $1,060.46 $0.00 $761.61 $136,521.12
98 $136,521.12 $1,060.46 $0.00 $771.91 $138,353.49
99 $138,353.49 $1,060.46 $0.00 $782.27 $140,196.22
100 $140,196.22 $1,060.46 $0.00 $792.69 $142,049.37
101 $142,049.37 $1,060.46 $0.00 $803.17 $143,913.00
102 $143,913.00 $1,060.46 $0.00 $813.71 $145,787.17
103 $145,787.17 $1,060.46 $0.00 $824.30 $147,671.93
104 $147,671.93 $1,060.46 $0.00 $834.96 $149,567.35
105 $149,567.35 $1,060.46 $0.00 $845.68 $151,473.49
106 $151,473.49 $1,060.46 $0.00 $856.45 $153,390.40
107 $153,390.40 $1,060.46 $0.00 $867.29 $155,318.15
108 $155,318.15 $1,060.46 $0.00 $878.19 $157,256.80
109 $157,256.80 $1,060.46 $0.00 $889.15 $159,206.41
110 $159,206.41 $1,060.46 $0.00 $900.18 $161,167.05
111 $161,167.05 $1,060.46 $0.00 $911.26 $163,138.77
112 $163,138.77 $1,060.46 $0.00 $922.41 $165,121.64
113 $165,121.64 $1,060.46 $0.00 $933.62 $167,115.72
114 $167,115.72 $1,060.46 $0.00 $944.90 $169,121.08
115 $169,121.08 $1,060.46 $0.00 $956.24 $171,137.78
116 $171,137.78 $1,060.46 $0.00 $967.64 $173,165.88
117 $173,165.88 $1,060.46 $0.00 $979.11 $175,205.45
118 $175,205.45 $1,060.46 $0.00 $990.64 $177,256.55
119 $177,256.55 $1,060.46 $0.00 $1,002.23 $179,319.24
120 $179,319.24 $1,060.46 $0.00 $1,013.90 $181,393.60
121 $181,393.60 $1,060.46 $0.00 $1,025.63 $183,479.69
122 $183,479.69 $1,060.46 $0.00 $1,037.42 $185,577.57
123 $185,577.57 $1,060.46 $0.00 $1,049.28 $187,687.31
124 $187,687.31 $1,060.46 $0.00 $1,061.21 $189,808.98
125 $189,808.98 $1,060.46 $0.00 $1,073.21 $191,942.65
126 $191,942.65 $1,060.46 $0.00 $1,085.27 $194,088.38
127 $194,088.38 $1,060.46 $0.00 $1,097.40 $196,246.24
128 $196,246.24 $1,060.46 $0.00 $1,109.60 $198,416.30
129 $198,416.30 $1,060.46 $0.00 $1,121.87 $200,598.63
130 $200,598.63 $1,060.46 $0.00 $1,134.21 $202,793.30
131 $202,793.30 $1,060.46 $0.00 $1,146.62 $205,000.38
132 $205,000.38 $1,060.46 $0.00 $1,159.10 $207,219.94
133 $207,219.94 $1,060.46 $0.00 $1,171.65 $209,452.05
134 $209,452.05 $1,060.46 $0.00 $1,184.27 $211,696.78
135 $211,696.78 $1,060.46 $0.00 $1,196.96 $213,954.20
136 $213,954.20 $1,060.46 $0.00 $1,209.73 $216,224.39
137 $216,224.39 $1,060.46 $0.00 $1,222.56 $218,507.41
138 $218,507.41 $1,060.46 $0.00 $1,235.47 $220,803.34
139 $220,803.34 $1,060.46 $0.00 $1,248.45 $223,112.25
140 $223,112.25 $1,060.46 $0.00 $1,261.51 $225,434.22
141 $225,434.22 $1,060.46 $0.00 $1,274.64 $227,769.32
142 $227,769.32 $1,060.46 $0.00 $1,287.84 $230,117.62
143 $230,117.62 $1,060.46 $0.00 $1,301.12 $232,479.20
144 $232,479.20 $1,060.46 $0.00 $1,314.47 $234,854.13
145 $234,854.13 $1,060.46 $0.00 $1,327.90 $237,242.49
146 $237,242.49 $1,060.46 $0.00 $1,341.40 $239,644.35
147 $239,644.35 $1,060.46 $0.00 $1,354.98 $242,059.79
148 $242,059.79 $1,060.46 $0.00 $1,368.64 $244,488.89
149 $244,488.89 $1,060.46 $0.00 $1,382.38 $246,931.73
150 $246,931.73 $1,060.46 $0.00 $1,396.19 $249,388.38
151 $249,388.38 $1,060.46 $0.00 $1,410.08 $251,858.92
152 $251,858.92 $1,060.46 $0.00 $1,424.05 $254,343.43
153 $254,343.43 $1,060.46 $0.00 $1,438.09 $256,841.98
154 $256,841.98 $1,060.46 $0.00 $1,452.22 $259,354.66
155 $259,354.66 $1,060.46 $0.00 $1,466.43 $261,881.55
156 $261,881.55 $1,060.46 $0.00 $1,480.72 $264,422.73
157 $264,422.73 $1,060.46 $0.00 $1,495.08 $266,978.27
158 $266,978.27 $1,060.46 $0.00 $1,509.53 $269,548.26
159 $269,548.26 $1,060.46 $0.00 $1,524.07 $272,132.79
160 $272,132.79 $1,060.46 $0.00 $1,538.68 $274,731.93
161 $274,731.93 $1,060.46 $0.00 $1,553.37 $277,345.76
162 $277,345.76 $1,060.46 $0.00 $1,568.15 $279,974.37
163 $279,974.37 $1,060.46 $0.00 $1,583.02 $282,617.85
164 $282,617.85 $1,060.46 $0.00 $1,597.96 $285,276.27
165 $285,276.27 $1,060.46 $0.00 $1,612.99 $287,949.72
166 $287,949.72 $1,060.46 $0.00 $1,628.11 $290,638.29
167 $290,638.29 $1,060.46 $0.00 $1,643.31 $293,342.06
168 $293,342.06 $1,060.46 $0.00 $1,658.60 $296,061.12
169 $296,061.12 $1,060.46 $0.00 $1,673.97 $298,795.55
170 $298,795.55 $1,060.46 $0.00 $1,689.43 $301,545.44
171 $301,545.44 $1,060.46 $0.00 $1,704.98 $304,310.88
172 $304,310.88 $1,060.46 $0.00 $1,720.62 $307,091.96
173 $307,091.96 $1,060.46 $0.00 $1,736.34 $309,888.76
174 $309,888.76 $1,060.46 $0.00 $1,752.16 $312,701.38
175 $312,701.38 $1,060.46 $0.00 $1,768.06 $315,529.90
176 $315,529.90 $1,060.46 $0.00 $1,784.05 $318,374.41
177 $318,374.41 $1,060.46 $0.00 $1,800.14 $321,235.01
178 $321,235.01 $1,060.46 $0.00 $1,816.31 $324,111.78
179 $324,111.78 $1,060.46 $0.00 $1,832.58 $327,004.82
180 $327,004.82 $1,060.46 $0.00 $1,848.93 $329,914.21
181 $329,914.21 $1,060.46 $0.00 $1,865.38 $332,840.05
182 $332,840.05 $1,060.46 $0.00 $1,881.93 $335,782.44
183 $335,782.44 $1,060.46 $0.00 $1,898.56 $338,741.46
184 $338,741.46 $1,060.46 $0.00 $1,915.29 $341,717.21
185 $341,717.21 $1,060.46 $0.00 $1,932.12 $344,709.79
186 $344,709.79 $1,060.46 $0.00 $1,949.04 $347,719.29
187 $347,719.29 $1,060.46 $0.00 $1,966.06 $350,745.81
188 $350,745.81 $1,060.46 $0.00 $1,983.17 $353,789.44
189 $353,789.44 $1,060.46 $0.00 $2,000.38 $356,850.28
190 $356,850.28 $1,060.46 $0.00 $2,017.68 $359,928.42
191 $359,928.42 $1,060.46 $0.00 $2,035.09 $363,023.97
192 $363,023.97 $1,060.46 $0.00 $2,052.59 $366,137.02
193 $366,137.02 $1,060.46 $0.00 $2,070.19 $369,267.67
194 $369,267.67 $1,060.46 $0.00 $2,087.89 $372,416.02
195 $372,416.02 $1,060.46 $0.00 $2,105.69 $375,582.17
196 $375,582.17 $1,060.46 $0.00 $2,123.60 $378,766.23
197 $378,766.23 $1,060.46 $0.00 $2,141.60 $381,968.29
198 $381,968.29 $1,060.46 $0.00 $2,159.70 $385,188.45
199 $385,188.45 $1,060.46 $0.00 $2,177.91 $388,426.82
200 $388,426.82 $1,060.46 $0.00 $2,196.22 $391,683.50
201 $391,683.50 $1,060.46 $0.00 $2,214.64 $394,958.60
202 $394,958.60 $1,060.46 $0.00 $2,233.15 $398,252.21
203 $398,252.21 $1,060.46 $0.00 $2,251.78 $401,564.45
204 $401,564.45 $1,060.46 $0.00 $2,270.50 $404,895.41
205 $404,895.41 $1,060.46 $0.00 $2,289.34 $408,245.21
206 $408,245.21 $1,060.46 $0.00 $2,308.28 $411,613.95
207 $411,613.95 $1,060.46 $0.00 $2,327.33 $415,001.74
208 $415,001.74 $1,060.46 $0.00 $2,346.48 $418,408.68
209 $418,408.68 $1,060.46 $0.00 $2,365.74 $421,834.88
210 $421,834.88 $1,060.46 $0.00 $2,385.12 $425,280.46
211 $425,280.46 $1,060.46 $0.00 $2,404.60 $428,745.52
212 $428,745.52 $1,060.46 $0.00 $2,424.19 $432,230.17
213 $432,230.17 $1,060.46 $0.00 $2,443.89 $435,734.52
214 $435,734.52 $1,060.46 $0.00 $2,463.71 $439,258.69
215 $439,258.69 $1,060.46 $0.00 $2,483.63 $442,802.78
216 $442,802.78 $1,060.46 $0.00 $2,503.67 $446,366.91
217 $446,366.91 $1,060.46 $124,325.95 $2,523.82 $325,625.24
218 $325,625.24 $1,060.46 $0.00 $1,841.13 $328,526.83
219 $328,526.83 $1,060.46 $0.00 $1,857.54 $331,444.83
220 $331,444.83 $1,060.46 $0.00 $1,874.04 $334,379.33
221 $334,379.33 $1,060.46 $0.00 $1,890.63 $337,330.42
222 $337,330.42 $1,060.46 $0.00 $1,907.32 $340,298.20
223 $340,298.20 $1,060.46 $0.00 $1,924.10 $343,282.76
224 $343,282.76 $1,060.46 $0.00 $1,940.97 $346,284.19
225 $346,284.19 $1,060.46 $0.00 $1,957.94 $349,302.59
226 $349,302.59 $1,060.46 $0.00 $1,975.01 $352,338.06
227 $352,338.06 $1,060.46 $0.00 $1,992.17 $355,390.69
228 $355,390.69 $1,060.46 $0.00 $2,009.43 $358,460.58
229 $358,460.58 $1,060.46 $130,542.25 $2,026.79 $231,005.58
230 $231,005.58 $1,060.46 $0.00 $1,306.14 $233,372.18
231 $233,372.18 $1,060.46 $0.00 $1,319.52 $235,752.16
232 $235,752.16 $1,060.46 $0.00 $1,332.98 $238,145.60
233 $238,145.60 $1,060.46 $0.00 $1,346.51 $240,552.57
234 $240,552.57 $1,060.46 $0.00 $1,360.12 $242,973.15
235 $242,973.15 $1,060.46 $0.00 $1,373.81 $245,407.42
236 $245,407.42 $1,060.46 $0.00 $1,387.57 $247,855.45
237 $247,855.45 $1,060.46 $0.00 $1,401.41 $250,317.32
238 $250,317.32 $1,060.46 $0.00 $1,415.33 $252,793.11
239 $252,793.11 $1,060.46 $0.00 $1,429.33 $255,282.90
240 $255,282.90 $1,060.46 $0.00 $1,443.41 $257,786.77
241 $257,786.77 $1,060.46 $137,069.36 $1,457.56 $123,235.43
242 $123,235.43 $1,060.46 $0.00 $696.79 $124,992.68
243 $124,992.68 $1,060.46 $0.00 $706.73 $126,759.87
244 $126,759.87 $1,060.46 $0.00 $716.72 $128,537.05
245 $128,537.05 $1,060.46 $0.00 $726.77 $130,324.28
246 $130,324.28 $1,060.46 $0.00 $736.87 $132,121.61
247 $132,121.61 $1,060.46 $0.00 $747.03 $133,929.10
248 $133,929.10 $1,060.46 $0.00 $757.25 $135,746.81
249 $135,746.81 $1,060.46 $0.00 $767.53 $137,574.80
250 $137,574.80 $1,060.46 $0.00 $777.87 $139,413.13
251 $139,413.13 $1,060.46 $0.00 $788.26 $141,261.85
252 $141,261.85 $1,060.46 $0.00 $798.72 $143,121.03
253 $143,121.03 $0.00 $143,922.83 $809.23 $7.43