Savings Plan and Future Cost Estimation for Colorado Mountain College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$47,082
Monthly savings required$373

How much will it cost to send your child to Colorado Mountain College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $188,329.10 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $372.68 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$18,156.00
Years until enrollment18
Annual Tuition Increase5%
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 $372.68 $0.00 $0.00 $372.68
2 $372.68 $372.68 $0.00 $2.11 $747.47
3 $747.47 $372.68 $0.00 $4.23 $1,124.38
4 $1,124.38 $372.68 $0.00 $6.36 $1,503.42
5 $1,503.42 $372.68 $0.00 $8.50 $1,884.60
6 $1,884.60 $372.68 $0.00 $10.66 $2,267.94
7 $2,267.94 $372.68 $0.00 $12.82 $2,653.44
8 $2,653.44 $372.68 $0.00 $15.00 $3,041.12
9 $3,041.12 $372.68 $0.00 $17.19 $3,430.99
10 $3,430.99 $372.68 $0.00 $19.40 $3,823.07
11 $3,823.07 $372.68 $0.00 $21.62 $4,217.37
12 $4,217.37 $372.68 $0.00 $23.85 $4,613.90
13 $4,613.90 $372.68 $0.00 $26.09 $5,012.67
14 $5,012.67 $372.68 $0.00 $28.34 $5,413.69
15 $5,413.69 $372.68 $0.00 $30.61 $5,816.98
16 $5,816.98 $372.68 $0.00 $32.89 $6,222.55
17 $6,222.55 $372.68 $0.00 $35.18 $6,630.41
18 $6,630.41 $372.68 $0.00 $37.49 $7,040.58
19 $7,040.58 $372.68 $0.00 $39.81 $7,453.07
20 $7,453.07 $372.68 $0.00 $42.14 $7,867.89
21 $7,867.89 $372.68 $0.00 $44.49 $8,285.06
22 $8,285.06 $372.68 $0.00 $46.84 $8,704.58
23 $8,704.58 $372.68 $0.00 $49.22 $9,126.48
24 $9,126.48 $372.68 $0.00 $51.60 $9,550.76
25 $9,550.76 $372.68 $0.00 $54.00 $9,977.44
26 $9,977.44 $372.68 $0.00 $56.41 $10,406.53
27 $10,406.53 $372.68 $0.00 $58.84 $10,838.05
28 $10,838.05 $372.68 $0.00 $61.28 $11,272.01
29 $11,272.01 $372.68 $0.00 $63.73 $11,708.42
30 $11,708.42 $372.68 $0.00 $66.20 $12,147.30
31 $12,147.30 $372.68 $0.00 $68.68 $12,588.66
32 $12,588.66 $372.68 $0.00 $71.18 $13,032.52
33 $13,032.52 $372.68 $0.00 $73.69 $13,478.89
34 $13,478.89 $372.68 $0.00 $76.21 $13,927.78
35 $13,927.78 $372.68 $0.00 $78.75 $14,379.21
36 $14,379.21 $372.68 $0.00 $81.30 $14,833.19
37 $14,833.19 $372.68 $0.00 $83.87 $15,289.74
38 $15,289.74 $372.68 $0.00 $86.45 $15,748.87
39 $15,748.87 $372.68 $0.00 $89.05 $16,210.60
40 $16,210.60 $372.68 $0.00 $91.66 $16,674.94
41 $16,674.94 $372.68 $0.00 $94.28 $17,141.90
42 $17,141.90 $372.68 $0.00 $96.92 $17,611.50
43 $17,611.50 $372.68 $0.00 $99.58 $18,083.76
44 $18,083.76 $372.68 $0.00 $102.25 $18,558.69
45 $18,558.69 $372.68 $0.00 $104.93 $19,036.30
46 $19,036.30 $372.68 $0.00 $107.63 $19,516.61
47 $19,516.61 $372.68 $0.00 $110.35 $19,999.64
48 $19,999.64 $372.68 $0.00 $113.08 $20,485.40
49 $20,485.40 $372.68 $0.00 $115.83 $20,973.91
50 $20,973.91 $372.68 $0.00 $118.59 $21,465.18
51 $21,465.18 $372.68 $0.00 $121.37 $21,959.23
52 $21,959.23 $372.68 $0.00 $124.16 $22,456.07
53 $22,456.07 $372.68 $0.00 $126.97 $22,955.72
54 $22,955.72 $372.68 $0.00 $129.79 $23,458.19
55 $23,458.19 $372.68 $0.00 $132.64 $23,963.51
56 $23,963.51 $372.68 $0.00 $135.49 $24,471.68
57 $24,471.68 $372.68 $0.00 $138.37 $24,982.73
58 $24,982.73 $372.68 $0.00 $141.26 $25,496.67
59 $25,496.67 $372.68 $0.00 $144.16 $26,013.51
60 $26,013.51 $372.68 $0.00 $147.08 $26,533.27
61 $26,533.27 $372.68 $0.00 $150.02 $27,055.97
62 $27,055.97 $372.68 $0.00 $152.98 $27,581.63
63 $27,581.63 $372.68 $0.00 $155.95 $28,110.26
64 $28,110.26 $372.68 $0.00 $158.94 $28,641.88
65 $28,641.88 $372.68 $0.00 $161.95 $29,176.51
66 $29,176.51 $372.68 $0.00 $164.97 $29,714.16
67 $29,714.16 $372.68 $0.00 $168.01 $30,254.85
68 $30,254.85 $372.68 $0.00 $171.07 $30,798.60
69 $30,798.60 $372.68 $0.00 $174.14 $31,345.42
70 $31,345.42 $372.68 $0.00 $177.23 $31,895.33
71 $31,895.33 $372.68 $0.00 $180.34 $32,448.35
72 $32,448.35 $372.68 $0.00 $183.47 $33,004.50
73 $33,004.50 $372.68 $0.00 $186.61 $33,563.79
74 $33,563.79 $372.68 $0.00 $189.77 $34,126.24
75 $34,126.24 $372.68 $0.00 $192.95 $34,691.87
76 $34,691.87 $372.68 $0.00 $196.15 $35,260.70
77 $35,260.70 $372.68 $0.00 $199.37 $35,832.75
78 $35,832.75 $372.68 $0.00 $202.60 $36,408.03
79 $36,408.03 $372.68 $0.00 $205.86 $36,986.57
80 $36,986.57 $372.68 $0.00 $209.13 $37,568.38
81 $37,568.38 $372.68 $0.00 $212.42 $38,153.48
82 $38,153.48 $372.68 $0.00 $215.73 $38,741.89
83 $38,741.89 $372.68 $0.00 $219.05 $39,333.62
84 $39,333.62 $372.68 $0.00 $222.40 $39,928.70
85 $39,928.70 $372.68 $0.00 $225.76 $40,527.14
86 $40,527.14 $372.68 $0.00 $229.15 $41,128.97
87 $41,128.97 $372.68 $0.00 $232.55 $41,734.20
88 $41,734.20 $372.68 $0.00 $235.97 $42,342.85
89 $42,342.85 $372.68 $0.00 $239.41 $42,954.94
90 $42,954.94 $372.68 $0.00 $242.87 $43,570.49
91 $43,570.49 $372.68 $0.00 $246.35 $44,189.52
92 $44,189.52 $372.68 $0.00 $249.85 $44,812.05
93 $44,812.05 $372.68 $0.00 $253.37 $45,438.10
94 $45,438.10 $372.68 $0.00 $256.91 $46,067.69
95 $46,067.69 $372.68 $0.00 $260.47 $46,700.84
96 $46,700.84 $372.68 $0.00 $264.05 $47,337.57
97 $47,337.57 $372.68 $0.00 $267.65 $47,977.90
98 $47,977.90 $372.68 $0.00 $271.27 $48,621.85
99 $48,621.85 $372.68 $0.00 $274.92 $49,269.45
100 $49,269.45 $372.68 $0.00 $278.58 $49,920.71
101 $49,920.71 $372.68 $0.00 $282.26 $50,575.65
102 $50,575.65 $372.68 $0.00 $285.96 $51,234.29
103 $51,234.29 $372.68 $0.00 $289.69 $51,896.66
104 $51,896.66 $372.68 $0.00 $293.43 $52,562.77
105 $52,562.77 $372.68 $0.00 $297.20 $53,232.65
106 $53,232.65 $372.68 $0.00 $300.99 $53,906.32
107 $53,906.32 $372.68 $0.00 $304.79 $54,583.79
108 $54,583.79 $372.68 $0.00 $308.62 $55,265.09
109 $55,265.09 $372.68 $0.00 $312.48 $55,950.25
110 $55,950.25 $372.68 $0.00 $316.35 $56,639.28
111 $56,639.28 $372.68 $0.00 $320.25 $57,332.21
112 $57,332.21 $372.68 $0.00 $324.16 $58,029.05
113 $58,029.05 $372.68 $0.00 $328.10 $58,729.83
114 $58,729.83 $372.68 $0.00 $332.07 $59,434.58
115 $59,434.58 $372.68 $0.00 $336.05 $60,143.31
116 $60,143.31 $372.68 $0.00 $340.06 $60,856.05
117 $60,856.05 $372.68 $0.00 $344.09 $61,572.82
118 $61,572.82 $372.68 $0.00 $348.14 $62,293.64
119 $62,293.64 $372.68 $0.00 $352.22 $63,018.54
120 $63,018.54 $372.68 $0.00 $356.32 $63,747.54
121 $63,747.54 $372.68 $0.00 $360.44 $64,480.66
122 $64,480.66 $372.68 $0.00 $364.58 $65,217.92
123 $65,217.92 $372.68 $0.00 $368.75 $65,959.35
124 $65,959.35 $372.68 $0.00 $372.94 $66,704.97
125 $66,704.97 $372.68 $0.00 $377.16 $67,454.81
126 $67,454.81 $372.68 $0.00 $381.40 $68,208.89
127 $68,208.89 $372.68 $0.00 $385.66 $68,967.23
128 $68,967.23 $372.68 $0.00 $389.95 $69,729.86
129 $69,729.86 $372.68 $0.00 $394.26 $70,496.80
130 $70,496.80 $372.68 $0.00 $398.60 $71,268.08
131 $71,268.08 $372.68 $0.00 $402.96 $72,043.72
132 $72,043.72 $372.68 $0.00 $407.35 $72,823.75
133 $72,823.75 $372.68 $0.00 $411.76 $73,608.19
134 $73,608.19 $372.68 $0.00 $416.19 $74,397.06
135 $74,397.06 $372.68 $0.00 $420.65 $75,190.39
136 $75,190.39 $372.68 $0.00 $425.14 $75,988.21
137 $75,988.21 $372.68 $0.00 $429.65 $76,790.54
138 $76,790.54 $372.68 $0.00 $434.18 $77,597.40
139 $77,597.40 $372.68 $0.00 $438.75 $78,408.83
140 $78,408.83 $372.68 $0.00 $443.33 $79,224.84
141 $79,224.84 $372.68 $0.00 $447.95 $80,045.47
142 $80,045.47 $372.68 $0.00 $452.59 $80,870.74
143 $80,870.74 $372.68 $0.00 $457.25 $81,700.67
144 $81,700.67 $372.68 $0.00 $461.95 $82,535.30
145 $82,535.30 $372.68 $0.00 $466.67 $83,374.65
146 $83,374.65 $372.68 $0.00 $471.41 $84,218.74
147 $84,218.74 $372.68 $0.00 $476.19 $85,067.61
148 $85,067.61 $372.68 $0.00 $480.98 $85,921.27
149 $85,921.27 $372.68 $0.00 $485.81 $86,779.76
150 $86,779.76 $372.68 $0.00 $490.67 $87,643.11
151 $87,643.11 $372.68 $0.00 $495.55 $88,511.34
152 $88,511.34 $372.68 $0.00 $500.46 $89,384.48
153 $89,384.48 $372.68 $0.00 $505.39 $90,262.55
154 $90,262.55 $372.68 $0.00 $510.36 $91,145.59
155 $91,145.59 $372.68 $0.00 $515.35 $92,033.62
156 $92,033.62 $372.68 $0.00 $520.37 $92,926.67
157 $92,926.67 $372.68 $0.00 $525.42 $93,824.77
158 $93,824.77 $372.68 $0.00 $530.50 $94,727.95
159 $94,727.95 $372.68 $0.00 $535.61 $95,636.24
160 $95,636.24 $372.68 $0.00 $540.74 $96,549.66
161 $96,549.66 $372.68 $0.00 $545.91 $97,468.25
162 $97,468.25 $372.68 $0.00 $551.10 $98,392.03
163 $98,392.03 $372.68 $0.00 $556.32 $99,321.03
164 $99,321.03 $372.68 $0.00 $561.58 $100,255.29
165 $100,255.29 $372.68 $0.00 $566.86 $101,194.83
166 $101,194.83 $372.68 $0.00 $572.17 $102,139.68
167 $102,139.68 $372.68 $0.00 $577.51 $103,089.87
168 $103,089.87 $372.68 $0.00 $582.89 $104,045.44
169 $104,045.44 $372.68 $0.00 $588.29 $105,006.41
170 $105,006.41 $372.68 $0.00 $593.72 $105,972.81
171 $105,972.81 $372.68 $0.00 $599.19 $106,944.68
172 $106,944.68 $372.68 $0.00 $604.68 $107,922.04
173 $107,922.04 $372.68 $0.00 $610.21 $108,904.93
174 $108,904.93 $372.68 $0.00 $615.76 $109,893.37
175 $109,893.37 $372.68 $0.00 $621.35 $110,887.40
176 $110,887.40 $372.68 $0.00 $626.97 $111,887.05
177 $111,887.05 $372.68 $0.00 $632.63 $112,892.36
178 $112,892.36 $372.68 $0.00 $638.31 $113,903.35
179 $113,903.35 $372.68 $0.00 $644.03 $114,920.06
180 $114,920.06 $372.68 $0.00 $649.77 $115,942.51
181 $115,942.51 $372.68 $0.00 $655.56 $116,970.75
182 $116,970.75 $372.68 $0.00 $661.37 $118,004.80
183 $118,004.80 $372.68 $0.00 $667.22 $119,044.70
184 $119,044.70 $372.68 $0.00 $673.10 $120,090.48
185 $120,090.48 $372.68 $0.00 $679.01 $121,142.17
186 $121,142.17 $372.68 $0.00 $684.96 $122,199.81
187 $122,199.81 $372.68 $0.00 $690.94 $123,263.43
188 $123,263.43 $372.68 $0.00 $696.95 $124,333.06
189 $124,333.06 $372.68 $0.00 $703.00 $125,408.74
190 $125,408.74 $372.68 $0.00 $709.08 $126,490.50
191 $126,490.50 $372.68 $0.00 $715.20 $127,578.38
192 $127,578.38 $372.68 $0.00 $721.35 $128,672.41
193 $128,672.41 $372.68 $0.00 $727.53 $129,772.62
194 $129,772.62 $372.68 $0.00 $733.75 $130,879.05
195 $130,879.05 $372.68 $0.00 $740.01 $131,991.74
196 $131,991.74 $372.68 $0.00 $746.30 $133,110.72
197 $133,110.72 $372.68 $0.00 $752.63 $134,236.03
198 $134,236.03 $372.68 $0.00 $758.99 $135,367.70
199 $135,367.70 $372.68 $0.00 $765.39 $136,505.77
200 $136,505.77 $372.68 $0.00 $771.82 $137,650.27
201 $137,650.27 $372.68 $0.00 $778.29 $138,801.24
202 $138,801.24 $372.68 $0.00 $784.80 $139,958.72
203 $139,958.72 $372.68 $0.00 $791.35 $141,122.75
204 $141,122.75 $372.68 $0.00 $797.93 $142,293.36
205 $142,293.36 $372.68 $0.00 $804.55 $143,470.59
206 $143,470.59 $372.68 $0.00 $811.20 $144,654.47
207 $144,654.47 $372.68 $0.00 $817.90 $145,845.05
208 $145,845.05 $372.68 $0.00 $824.63 $147,042.36
209 $147,042.36 $372.68 $0.00 $831.40 $148,246.44
210 $148,246.44 $372.68 $0.00 $838.21 $149,457.33
211 $149,457.33 $372.68 $0.00 $845.05 $150,675.06
212 $150,675.06 $372.68 $0.00 $851.94 $151,899.68
213 $151,899.68 $372.68 $0.00 $858.86 $153,131.22
214 $153,131.22 $372.68 $0.00 $865.83 $154,369.73
215 $154,369.73 $372.68 $0.00 $872.83 $155,615.24
216 $155,615.24 $372.68 $0.00 $879.87 $156,867.79
217 $156,867.79 $372.68 $43,694.58 $886.95 $114,432.84
218 $114,432.84 $372.68 $0.00 $647.02 $115,452.54
219 $115,452.54 $372.68 $0.00 $652.79 $116,478.01
220 $116,478.01 $372.68 $0.00 $658.58 $117,509.27
221 $117,509.27 $372.68 $0.00 $664.41 $118,546.36
222 $118,546.36 $372.68 $0.00 $670.28 $119,589.32
223 $119,589.32 $372.68 $0.00 $676.18 $120,638.18
224 $120,638.18 $372.68 $0.00 $682.11 $121,692.97
225 $121,692.97 $372.68 $0.00 $688.07 $122,753.72
226 $122,753.72 $372.68 $0.00 $694.07 $123,820.47
227 $123,820.47 $372.68 $0.00 $700.10 $124,893.25
228 $124,893.25 $372.68 $0.00 $706.16 $125,972.09
229 $125,972.09 $372.68 $45,879.31 $712.26 $81,177.72
230 $81,177.72 $372.68 $0.00 $458.99 $82,009.39
231 $82,009.39 $372.68 $0.00 $463.69 $82,845.76
232 $82,845.76 $372.68 $0.00 $468.42 $83,686.86
233 $83,686.86 $372.68 $0.00 $473.18 $84,532.72
234 $84,532.72 $372.68 $0.00 $477.96 $85,383.36
235 $85,383.36 $372.68 $0.00 $482.77 $86,238.81
236 $86,238.81 $372.68 $0.00 $487.61 $87,099.10
237 $87,099.10 $372.68 $0.00 $492.47 $87,964.25
238 $87,964.25 $372.68 $0.00 $497.36 $88,834.29
239 $88,834.29 $372.68 $0.00 $502.28 $89,709.25
240 $89,709.25 $372.68 $0.00 $507.23 $90,589.16
241 $90,589.16 $372.68 $48,173.27 $512.20 $43,300.77
242 $43,300.77 $372.68 $0.00 $244.83 $43,918.28
243 $43,918.28 $372.68 $0.00 $248.32 $44,539.28
244 $44,539.28 $372.68 $0.00 $251.83 $45,163.79
245 $45,163.79 $372.68 $0.00 $255.36 $45,791.83
246 $45,791.83 $372.68 $0.00 $258.91 $46,423.42
247 $46,423.42 $372.68 $0.00 $262.48 $47,058.58
248 $47,058.58 $372.68 $0.00 $266.08 $47,697.34
249 $47,697.34 $372.68 $0.00 $269.69 $48,339.71
250 $48,339.71 $372.68 $0.00 $273.32 $48,985.71
251 $48,985.71 $372.68 $0.00 $276.97 $49,635.36
252 $49,635.36 $372.68 $0.00 $280.65 $50,288.69
253 $50,288.69 $0.00 $50,581.94 $284.34 ($8.91)