Savings Plan and Future Cost Estimation for Colorado Technical University Greenwood Village

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$65,193
Monthly savings required$516

How much will it cost to send your child to Colorado Technical University Greenwood Village in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $260,772.94 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $516.07 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$25,140.00
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 $516.07 $0.00 $0.00 $516.07
2 $516.07 $516.07 $0.00 $2.92 $1,035.06
3 $1,035.06 $516.07 $0.00 $5.85 $1,556.98
4 $1,556.98 $516.07 $0.00 $8.80 $2,081.85
5 $2,081.85 $516.07 $0.00 $11.77 $2,609.69
6 $2,609.69 $516.07 $0.00 $14.76 $3,140.52
7 $3,140.52 $516.07 $0.00 $17.76 $3,674.35
8 $3,674.35 $516.07 $0.00 $20.78 $4,211.20
9 $4,211.20 $516.07 $0.00 $23.81 $4,751.08
10 $4,751.08 $516.07 $0.00 $26.86 $5,294.01
11 $5,294.01 $516.07 $0.00 $29.93 $5,840.01
12 $5,840.01 $516.07 $0.00 $33.02 $6,389.10
13 $6,389.10 $516.07 $0.00 $36.12 $6,941.29
14 $6,941.29 $516.07 $0.00 $39.25 $7,496.61
15 $7,496.61 $516.07 $0.00 $42.39 $8,055.07
16 $8,055.07 $516.07 $0.00 $45.54 $8,616.68
17 $8,616.68 $516.07 $0.00 $48.72 $9,181.47
18 $9,181.47 $516.07 $0.00 $51.91 $9,749.45
19 $9,749.45 $516.07 $0.00 $55.12 $10,320.64
20 $10,320.64 $516.07 $0.00 $58.35 $10,895.06
21 $10,895.06 $516.07 $0.00 $61.60 $11,472.73
22 $11,472.73 $516.07 $0.00 $64.87 $12,053.67
23 $12,053.67 $516.07 $0.00 $68.15 $12,637.89
24 $12,637.89 $516.07 $0.00 $71.46 $13,225.42
25 $13,225.42 $516.07 $0.00 $74.78 $13,816.27
26 $13,816.27 $516.07 $0.00 $78.12 $14,410.46
27 $14,410.46 $516.07 $0.00 $81.48 $15,008.01
28 $15,008.01 $516.07 $0.00 $84.86 $15,608.94
29 $15,608.94 $516.07 $0.00 $88.26 $16,213.27
30 $16,213.27 $516.07 $0.00 $91.67 $16,821.01
31 $16,821.01 $516.07 $0.00 $95.11 $17,432.19
32 $17,432.19 $516.07 $0.00 $98.56 $18,046.82
33 $18,046.82 $516.07 $0.00 $102.04 $18,664.93
34 $18,664.93 $516.07 $0.00 $105.53 $19,286.53
35 $19,286.53 $516.07 $0.00 $109.05 $19,911.65
36 $19,911.65 $516.07 $0.00 $112.58 $20,540.30
37 $20,540.30 $516.07 $0.00 $116.14 $21,172.51
38 $21,172.51 $516.07 $0.00 $119.71 $21,808.29
39 $21,808.29 $516.07 $0.00 $123.31 $22,447.67
40 $22,447.67 $516.07 $0.00 $126.92 $23,090.66
41 $23,090.66 $516.07 $0.00 $130.56 $23,737.29
42 $23,737.29 $516.07 $0.00 $134.21 $24,387.57
43 $24,387.57 $516.07 $0.00 $137.89 $25,041.53
44 $25,041.53 $516.07 $0.00 $141.59 $25,699.19
45 $25,699.19 $516.07 $0.00 $145.31 $26,360.57
46 $26,360.57 $516.07 $0.00 $149.05 $27,025.69
47 $27,025.69 $516.07 $0.00 $152.81 $27,694.57
48 $27,694.57 $516.07 $0.00 $156.59 $28,367.23
49 $28,367.23 $516.07 $0.00 $160.39 $29,043.69
50 $29,043.69 $516.07 $0.00 $164.22 $29,723.98
51 $29,723.98 $516.07 $0.00 $168.06 $30,408.11
52 $30,408.11 $516.07 $0.00 $171.93 $31,096.11
53 $31,096.11 $516.07 $0.00 $175.82 $31,788.00
54 $31,788.00 $516.07 $0.00 $179.73 $32,483.80
55 $32,483.80 $516.07 $0.00 $183.67 $33,183.54
56 $33,183.54 $516.07 $0.00 $187.62 $33,887.23
57 $33,887.23 $516.07 $0.00 $191.60 $34,594.90
58 $34,594.90 $516.07 $0.00 $195.60 $35,306.57
59 $35,306.57 $516.07 $0.00 $199.63 $36,022.27
60 $36,022.27 $516.07 $0.00 $203.68 $36,742.02
61 $36,742.02 $516.07 $0.00 $207.74 $37,465.83
62 $37,465.83 $516.07 $0.00 $211.84 $38,193.74
63 $38,193.74 $516.07 $0.00 $215.95 $38,925.76
64 $38,925.76 $516.07 $0.00 $220.09 $39,661.92
65 $39,661.92 $516.07 $0.00 $224.25 $40,402.24
66 $40,402.24 $516.07 $0.00 $228.44 $41,146.75
67 $41,146.75 $516.07 $0.00 $232.65 $41,895.47
68 $41,895.47 $516.07 $0.00 $236.88 $42,648.42
69 $42,648.42 $516.07 $0.00 $241.14 $43,405.63
70 $43,405.63 $516.07 $0.00 $245.42 $44,167.12
71 $44,167.12 $516.07 $0.00 $249.73 $44,932.92
72 $44,932.92 $516.07 $0.00 $254.06 $45,703.05
73 $45,703.05 $516.07 $0.00 $258.41 $46,477.53
74 $46,477.53 $516.07 $0.00 $262.79 $47,256.39
75 $47,256.39 $516.07 $0.00 $267.19 $48,039.65
76 $48,039.65 $516.07 $0.00 $271.62 $48,827.34
77 $48,827.34 $516.07 $0.00 $276.08 $49,619.49
78 $49,619.49 $516.07 $0.00 $280.56 $50,416.12
79 $50,416.12 $516.07 $0.00 $285.06 $51,217.25
80 $51,217.25 $516.07 $0.00 $289.59 $52,022.91
81 $52,022.91 $516.07 $0.00 $294.15 $52,833.13
82 $52,833.13 $516.07 $0.00 $298.73 $53,647.93
83 $53,647.93 $516.07 $0.00 $303.33 $54,467.33
84 $54,467.33 $516.07 $0.00 $307.97 $55,291.37
85 $55,291.37 $516.07 $0.00 $312.63 $56,120.07
86 $56,120.07 $516.07 $0.00 $317.31 $56,953.45
87 $56,953.45 $516.07 $0.00 $322.02 $57,791.54
88 $57,791.54 $516.07 $0.00 $326.76 $58,634.37
89 $58,634.37 $516.07 $0.00 $331.53 $59,481.97
90 $59,481.97 $516.07 $0.00 $336.32 $60,334.36
91 $60,334.36 $516.07 $0.00 $341.14 $61,191.57
92 $61,191.57 $516.07 $0.00 $345.99 $62,053.63
93 $62,053.63 $516.07 $0.00 $350.86 $62,920.56
94 $62,920.56 $516.07 $0.00 $355.76 $63,792.39
95 $63,792.39 $516.07 $0.00 $360.69 $64,669.15
96 $64,669.15 $516.07 $0.00 $365.65 $65,550.87
97 $65,550.87 $516.07 $0.00 $370.63 $66,437.57
98 $66,437.57 $516.07 $0.00 $375.65 $67,329.29
99 $67,329.29 $516.07 $0.00 $380.69 $68,226.05
100 $68,226.05 $516.07 $0.00 $385.76 $69,127.88
101 $69,127.88 $516.07 $0.00 $390.86 $70,034.81
102 $70,034.81 $516.07 $0.00 $395.99 $70,946.87
103 $70,946.87 $516.07 $0.00 $401.14 $71,864.08
104 $71,864.08 $516.07 $0.00 $406.33 $72,786.48
105 $72,786.48 $516.07 $0.00 $411.55 $73,714.10
106 $73,714.10 $516.07 $0.00 $416.79 $74,646.96
107 $74,646.96 $516.07 $0.00 $422.06 $75,585.09
108 $75,585.09 $516.07 $0.00 $427.37 $76,528.53
109 $76,528.53 $516.07 $0.00 $432.70 $77,477.30
110 $77,477.30 $516.07 $0.00 $438.07 $78,431.44
111 $78,431.44 $516.07 $0.00 $443.46 $79,390.97
112 $79,390.97 $516.07 $0.00 $448.89 $80,355.93
113 $80,355.93 $516.07 $0.00 $454.34 $81,326.34
114 $81,326.34 $516.07 $0.00 $459.83 $82,302.24
115 $82,302.24 $516.07 $0.00 $465.35 $83,283.66
116 $83,283.66 $516.07 $0.00 $470.90 $84,270.63
117 $84,270.63 $516.07 $0.00 $476.48 $85,263.18
118 $85,263.18 $516.07 $0.00 $482.09 $86,261.34
119 $86,261.34 $516.07 $0.00 $487.73 $87,265.14
120 $87,265.14 $516.07 $0.00 $493.41 $88,274.62
121 $88,274.62 $516.07 $0.00 $499.12 $89,289.81
122 $89,289.81 $516.07 $0.00 $504.86 $90,310.74
123 $90,310.74 $516.07 $0.00 $510.63 $91,337.44
124 $91,337.44 $516.07 $0.00 $516.44 $92,369.95
125 $92,369.95 $516.07 $0.00 $522.27 $93,408.29
126 $93,408.29 $516.07 $0.00 $528.14 $94,452.50
127 $94,452.50 $516.07 $0.00 $534.05 $95,502.62
128 $95,502.62 $516.07 $0.00 $539.99 $96,558.68
129 $96,558.68 $516.07 $0.00 $545.96 $97,620.71
130 $97,620.71 $516.07 $0.00 $551.96 $98,688.74
131 $98,688.74 $516.07 $0.00 $558.00 $99,762.81
132 $99,762.81 $516.07 $0.00 $564.07 $100,842.95
133 $100,842.95 $516.07 $0.00 $570.18 $101,929.20
134 $101,929.20 $516.07 $0.00 $576.32 $103,021.59
135 $103,021.59 $516.07 $0.00 $582.50 $104,120.16
136 $104,120.16 $516.07 $0.00 $588.71 $105,224.94
137 $105,224.94 $516.07 $0.00 $594.96 $106,335.97
138 $106,335.97 $516.07 $0.00 $601.24 $107,453.28
139 $107,453.28 $516.07 $0.00 $607.56 $108,576.91
140 $108,576.91 $516.07 $0.00 $613.91 $109,706.89
141 $109,706.89 $516.07 $0.00 $620.30 $110,843.26
142 $110,843.26 $516.07 $0.00 $626.72 $111,986.05
143 $111,986.05 $516.07 $0.00 $633.19 $113,135.31
144 $113,135.31 $516.07 $0.00 $639.68 $114,291.06
145 $114,291.06 $516.07 $0.00 $646.22 $115,453.35
146 $115,453.35 $516.07 $0.00 $652.79 $116,622.21
147 $116,622.21 $516.07 $0.00 $659.40 $117,797.68
148 $117,797.68 $516.07 $0.00 $666.05 $118,979.80
149 $118,979.80 $516.07 $0.00 $672.73 $120,168.60
150 $120,168.60 $516.07 $0.00 $679.45 $121,364.12
151 $121,364.12 $516.07 $0.00 $686.21 $122,566.40
152 $122,566.40 $516.07 $0.00 $693.01 $123,775.48
153 $123,775.48 $516.07 $0.00 $699.84 $124,991.39
154 $124,991.39 $516.07 $0.00 $706.72 $126,214.18
155 $126,214.18 $516.07 $0.00 $713.63 $127,443.88
156 $127,443.88 $516.07 $0.00 $720.59 $128,680.54
157 $128,680.54 $516.07 $0.00 $727.58 $129,924.19
158 $129,924.19 $516.07 $0.00 $734.61 $131,174.87
159 $131,174.87 $516.07 $0.00 $741.68 $132,432.62
160 $132,432.62 $516.07 $0.00 $748.79 $133,697.48
161 $133,697.48 $516.07 $0.00 $755.94 $134,969.49
162 $134,969.49 $516.07 $0.00 $763.14 $136,248.70
163 $136,248.70 $516.07 $0.00 $770.37 $137,535.14
164 $137,535.14 $516.07 $0.00 $777.64 $138,828.85
165 $138,828.85 $516.07 $0.00 $784.96 $140,129.88
166 $140,129.88 $516.07 $0.00 $792.31 $141,438.26
167 $141,438.26 $516.07 $0.00 $799.71 $142,754.04
168 $142,754.04 $516.07 $0.00 $807.15 $144,077.26
169 $144,077.26 $516.07 $0.00 $814.63 $145,407.96
170 $145,407.96 $516.07 $0.00 $822.16 $146,746.19
171 $146,746.19 $516.07 $0.00 $829.72 $148,091.98
172 $148,091.98 $516.07 $0.00 $837.33 $149,445.38
173 $149,445.38 $516.07 $0.00 $844.99 $150,806.44
174 $150,806.44 $516.07 $0.00 $852.68 $152,175.19
175 $152,175.19 $516.07 $0.00 $860.42 $153,551.68
176 $153,551.68 $516.07 $0.00 $868.20 $154,935.95
177 $154,935.95 $516.07 $0.00 $876.03 $156,328.05
178 $156,328.05 $516.07 $0.00 $883.90 $157,728.02
179 $157,728.02 $516.07 $0.00 $891.82 $159,135.91
180 $159,135.91 $516.07 $0.00 $899.78 $160,551.76
181 $160,551.76 $516.07 $0.00 $907.78 $161,975.61
182 $161,975.61 $516.07 $0.00 $915.83 $163,407.51
183 $163,407.51 $516.07 $0.00 $923.93 $164,847.51
184 $164,847.51 $516.07 $0.00 $932.07 $166,295.65
185 $166,295.65 $516.07 $0.00 $940.26 $167,751.98
186 $167,751.98 $516.07 $0.00 $948.49 $169,216.54
187 $169,216.54 $516.07 $0.00 $956.77 $170,689.38
188 $170,689.38 $516.07 $0.00 $965.10 $172,170.55
189 $172,170.55 $516.07 $0.00 $973.48 $173,660.10
190 $173,660.10 $516.07 $0.00 $981.90 $175,158.07
191 $175,158.07 $516.07 $0.00 $990.37 $176,664.51
192 $176,664.51 $516.07 $0.00 $998.89 $178,179.47
193 $178,179.47 $516.07 $0.00 $1,007.45 $179,702.99
194 $179,702.99 $516.07 $0.00 $1,016.07 $181,235.13
195 $181,235.13 $516.07 $0.00 $1,024.73 $182,775.93
196 $182,775.93 $516.07 $0.00 $1,033.44 $184,325.44
197 $184,325.44 $516.07 $0.00 $1,042.20 $185,883.71
198 $185,883.71 $516.07 $0.00 $1,051.01 $187,450.79
199 $187,450.79 $516.07 $0.00 $1,059.87 $189,026.73
200 $189,026.73 $516.07 $0.00 $1,068.78 $190,611.58
201 $190,611.58 $516.07 $0.00 $1,077.75 $192,205.40
202 $192,205.40 $516.07 $0.00 $1,086.76 $193,808.23
203 $193,808.23 $516.07 $0.00 $1,095.82 $195,420.12
204 $195,420.12 $516.07 $0.00 $1,104.93 $197,041.12
205 $197,041.12 $516.07 $0.00 $1,114.10 $198,671.29
206 $198,671.29 $516.07 $0.00 $1,123.32 $200,310.68
207 $200,310.68 $516.07 $0.00 $1,132.59 $201,959.34
208 $201,959.34 $516.07 $0.00 $1,141.91 $203,617.32
209 $203,617.32 $516.07 $0.00 $1,151.28 $205,284.67
210 $205,284.67 $516.07 $0.00 $1,160.71 $206,961.45
211 $206,961.45 $516.07 $0.00 $1,170.19 $208,647.71
212 $208,647.71 $516.07 $0.00 $1,179.72 $210,343.50
213 $210,343.50 $516.07 $0.00 $1,189.31 $212,048.88
214 $212,048.88 $516.07 $0.00 $1,198.96 $213,763.91
215 $213,763.91 $516.07 $0.00 $1,208.65 $215,488.63
216 $215,488.63 $516.07 $0.00 $1,218.40 $217,223.10
217 $217,223.10 $516.07 $60,502.41 $1,228.21 $158,464.97
218 $158,464.97 $516.07 $0.00 $895.98 $159,877.02
219 $159,877.02 $516.07 $0.00 $903.97 $161,297.06
220 $161,297.06 $516.07 $0.00 $912.00 $162,725.13
221 $162,725.13 $516.07 $0.00 $920.07 $164,161.27
222 $164,161.27 $516.07 $0.00 $928.19 $165,605.53
223 $165,605.53 $516.07 $0.00 $936.36 $167,057.96
224 $167,057.96 $516.07 $0.00 $944.57 $168,518.60
225 $168,518.60 $516.07 $0.00 $952.83 $169,987.50
226 $169,987.50 $516.07 $0.00 $961.13 $171,464.70
227 $171,464.70 $516.07 $0.00 $969.49 $172,950.26
228 $172,950.26 $516.07 $0.00 $977.89 $174,444.22
229 $174,444.22 $516.07 $63,527.53 $986.33 $112,419.09
230 $112,419.09 $516.07 $0.00 $635.63 $113,570.79
231 $113,570.79 $516.07 $0.00 $642.15 $114,729.01
232 $114,729.01 $516.07 $0.00 $648.69 $115,893.77
233 $115,893.77 $516.07 $0.00 $655.28 $117,065.12
234 $117,065.12 $516.07 $0.00 $661.90 $118,243.09
235 $118,243.09 $516.07 $0.00 $668.56 $119,427.72
236 $119,427.72 $516.07 $0.00 $675.26 $120,619.05
237 $120,619.05 $516.07 $0.00 $682.00 $121,817.12
238 $121,817.12 $516.07 $0.00 $688.77 $123,021.96
239 $123,021.96 $516.07 $0.00 $695.58 $124,233.61
240 $124,233.61 $516.07 $0.00 $702.43 $125,452.11
241 $125,452.11 $516.07 $66,703.90 $709.32 $59,973.60
242 $59,973.60 $516.07 $0.00 $339.10 $60,828.77
243 $60,828.77 $516.07 $0.00 $343.93 $61,688.77
244 $61,688.77 $516.07 $0.00 $348.80 $62,553.64
245 $62,553.64 $516.07 $0.00 $353.69 $63,423.40
246 $63,423.40 $516.07 $0.00 $358.61 $64,298.08
247 $64,298.08 $516.07 $0.00 $363.55 $65,177.70
248 $65,177.70 $516.07 $0.00 $368.52 $66,062.29
249 $66,062.29 $516.07 $0.00 $373.53 $66,951.89
250 $66,951.89 $516.07 $0.00 $378.56 $67,846.52
251 $67,846.52 $516.07 $0.00 $383.61 $68,746.20
252 $68,746.20 $516.07 $0.00 $388.70 $69,650.97
253 $69,650.97 $0.00 $70,039.10 $393.82 $5.69