Savings Plan and Future Cost Estimation for Fort Lewis College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$66,435
Monthly savings required$526

How much will it cost to send your child to Fort Lewis College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $265,741.52 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $525.90 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$25,619.00
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 $525.90 $0.00 $0.00 $525.90
2 $525.90 $525.90 $0.00 $2.97 $1,054.77
3 $1,054.77 $525.90 $0.00 $5.96 $1,586.63
4 $1,586.63 $525.90 $0.00 $8.97 $2,121.50
5 $2,121.50 $525.90 $0.00 $12.00 $2,659.40
6 $2,659.40 $525.90 $0.00 $15.04 $3,200.34
7 $3,200.34 $525.90 $0.00 $18.10 $3,744.34
8 $3,744.34 $525.90 $0.00 $21.17 $4,291.41
9 $4,291.41 $525.90 $0.00 $24.26 $4,841.57
10 $4,841.57 $525.90 $0.00 $27.37 $5,394.84
11 $5,394.84 $525.90 $0.00 $30.50 $5,951.24
12 $5,951.24 $525.90 $0.00 $33.65 $6,510.79
13 $6,510.79 $525.90 $0.00 $36.81 $7,073.50
14 $7,073.50 $525.90 $0.00 $39.99 $7,639.39
15 $7,639.39 $525.90 $0.00 $43.19 $8,208.48
16 $8,208.48 $525.90 $0.00 $46.41 $8,780.79
17 $8,780.79 $525.90 $0.00 $49.65 $9,356.34
18 $9,356.34 $525.90 $0.00 $52.90 $9,935.14
19 $9,935.14 $525.90 $0.00 $56.17 $10,517.21
20 $10,517.21 $525.90 $0.00 $59.47 $11,102.58
21 $11,102.58 $525.90 $0.00 $62.78 $11,691.26
22 $11,691.26 $525.90 $0.00 $66.10 $12,283.26
23 $12,283.26 $525.90 $0.00 $69.45 $12,878.61
24 $12,878.61 $525.90 $0.00 $72.82 $13,477.33
25 $13,477.33 $525.90 $0.00 $76.20 $14,079.43
26 $14,079.43 $525.90 $0.00 $79.61 $14,684.94
27 $14,684.94 $525.90 $0.00 $83.03 $15,293.87
28 $15,293.87 $525.90 $0.00 $86.47 $15,906.24
29 $15,906.24 $525.90 $0.00 $89.94 $16,522.08
30 $16,522.08 $525.90 $0.00 $93.42 $17,141.40
31 $17,141.40 $525.90 $0.00 $96.92 $17,764.22
32 $17,764.22 $525.90 $0.00 $100.44 $18,390.56
33 $18,390.56 $525.90 $0.00 $103.98 $19,020.44
34 $19,020.44 $525.90 $0.00 $107.54 $19,653.88
35 $19,653.88 $525.90 $0.00 $111.13 $20,290.91
36 $20,290.91 $525.90 $0.00 $114.73 $20,931.54
37 $20,931.54 $525.90 $0.00 $118.35 $21,575.79
38 $21,575.79 $525.90 $0.00 $121.99 $22,223.68
39 $22,223.68 $525.90 $0.00 $125.66 $22,875.24
40 $22,875.24 $525.90 $0.00 $129.34 $23,530.48
41 $23,530.48 $525.90 $0.00 $133.04 $24,189.42
42 $24,189.42 $525.90 $0.00 $136.77 $24,852.09
43 $24,852.09 $525.90 $0.00 $140.52 $25,518.51
44 $25,518.51 $525.90 $0.00 $144.29 $26,188.70
45 $26,188.70 $525.90 $0.00 $148.07 $26,862.67
46 $26,862.67 $525.90 $0.00 $151.89 $27,540.46
47 $27,540.46 $525.90 $0.00 $155.72 $28,222.08
48 $28,222.08 $525.90 $0.00 $159.57 $28,907.55
49 $28,907.55 $525.90 $0.00 $163.45 $29,596.90
50 $29,596.90 $525.90 $0.00 $167.35 $30,290.15
51 $30,290.15 $525.90 $0.00 $171.26 $30,987.31
52 $30,987.31 $525.90 $0.00 $175.21 $31,688.42
53 $31,688.42 $525.90 $0.00 $179.17 $32,393.49
54 $32,393.49 $525.90 $0.00 $183.16 $33,102.55
55 $33,102.55 $525.90 $0.00 $187.17 $33,815.62
56 $33,815.62 $525.90 $0.00 $191.20 $34,532.72
57 $34,532.72 $525.90 $0.00 $195.25 $35,253.87
58 $35,253.87 $525.90 $0.00 $199.33 $35,979.10
59 $35,979.10 $525.90 $0.00 $203.43 $36,708.43
60 $36,708.43 $525.90 $0.00 $207.55 $37,441.88
61 $37,441.88 $525.90 $0.00 $211.70 $38,179.48
62 $38,179.48 $525.90 $0.00 $215.87 $38,921.25
63 $38,921.25 $525.90 $0.00 $220.07 $39,667.22
64 $39,667.22 $525.90 $0.00 $224.28 $40,417.40
65 $40,417.40 $525.90 $0.00 $228.53 $41,171.83
66 $41,171.83 $525.90 $0.00 $232.79 $41,930.52
67 $41,930.52 $525.90 $0.00 $237.08 $42,693.50
68 $42,693.50 $525.90 $0.00 $241.40 $43,460.80
69 $43,460.80 $525.90 $0.00 $245.73 $44,232.43
70 $44,232.43 $525.90 $0.00 $250.10 $45,008.43
71 $45,008.43 $525.90 $0.00 $254.48 $45,788.81
72 $45,788.81 $525.90 $0.00 $258.90 $46,573.61
73 $46,573.61 $525.90 $0.00 $263.33 $47,362.84
74 $47,362.84 $525.90 $0.00 $267.80 $48,156.54
75 $48,156.54 $525.90 $0.00 $272.28 $48,954.72
76 $48,954.72 $525.90 $0.00 $276.80 $49,757.42
77 $49,757.42 $525.90 $0.00 $281.34 $50,564.66
78 $50,564.66 $525.90 $0.00 $285.90 $51,376.46
79 $51,376.46 $525.90 $0.00 $290.49 $52,192.85
80 $52,192.85 $525.90 $0.00 $295.11 $53,013.86
81 $53,013.86 $525.90 $0.00 $299.75 $53,839.51
82 $53,839.51 $525.90 $0.00 $304.42 $54,669.83
83 $54,669.83 $525.90 $0.00 $309.11 $55,504.84
84 $55,504.84 $525.90 $0.00 $313.83 $56,344.57
85 $56,344.57 $525.90 $0.00 $318.58 $57,189.05
86 $57,189.05 $525.90 $0.00 $323.36 $58,038.31
87 $58,038.31 $525.90 $0.00 $328.16 $58,892.37
88 $58,892.37 $525.90 $0.00 $332.99 $59,751.26
89 $59,751.26 $525.90 $0.00 $337.84 $60,615.00
90 $60,615.00 $525.90 $0.00 $342.73 $61,483.63
91 $61,483.63 $525.90 $0.00 $347.64 $62,357.17
92 $62,357.17 $525.90 $0.00 $352.58 $63,235.65
93 $63,235.65 $525.90 $0.00 $357.54 $64,119.09
94 $64,119.09 $525.90 $0.00 $362.54 $65,007.53
95 $65,007.53 $525.90 $0.00 $367.56 $65,900.99
96 $65,900.99 $525.90 $0.00 $372.61 $66,799.50
97 $66,799.50 $525.90 $0.00 $377.69 $67,703.09
98 $67,703.09 $525.90 $0.00 $382.80 $68,611.79
99 $68,611.79 $525.90 $0.00 $387.94 $69,525.63
100 $69,525.63 $525.90 $0.00 $393.11 $70,444.64
101 $70,444.64 $525.90 $0.00 $398.30 $71,368.84
102 $71,368.84 $525.90 $0.00 $403.53 $72,298.27
103 $72,298.27 $525.90 $0.00 $408.78 $73,232.95
104 $73,232.95 $525.90 $0.00 $414.07 $74,172.92
105 $74,172.92 $525.90 $0.00 $419.38 $75,118.20
106 $75,118.20 $525.90 $0.00 $424.73 $76,068.83
107 $76,068.83 $525.90 $0.00 $430.10 $77,024.83
108 $77,024.83 $525.90 $0.00 $435.51 $77,986.24
109 $77,986.24 $525.90 $0.00 $440.95 $78,953.09
110 $78,953.09 $525.90 $0.00 $446.41 $79,925.40
111 $79,925.40 $525.90 $0.00 $451.91 $80,903.21
112 $80,903.21 $525.90 $0.00 $457.44 $81,886.55
113 $81,886.55 $525.90 $0.00 $463.00 $82,875.45
114 $82,875.45 $525.90 $0.00 $468.59 $83,869.94
115 $83,869.94 $525.90 $0.00 $474.21 $84,870.05
116 $84,870.05 $525.90 $0.00 $479.87 $85,875.82
117 $85,875.82 $525.90 $0.00 $485.55 $86,887.27
118 $86,887.27 $525.90 $0.00 $491.27 $87,904.44
119 $87,904.44 $525.90 $0.00 $497.02 $88,927.36
120 $88,927.36 $525.90 $0.00 $502.81 $89,956.07
121 $89,956.07 $525.90 $0.00 $508.62 $90,990.59
122 $90,990.59 $525.90 $0.00 $514.47 $92,030.96
123 $92,030.96 $525.90 $0.00 $520.36 $93,077.22
124 $93,077.22 $525.90 $0.00 $526.27 $94,129.39
125 $94,129.39 $525.90 $0.00 $532.22 $95,187.51
126 $95,187.51 $525.90 $0.00 $538.20 $96,251.61
127 $96,251.61 $525.90 $0.00 $544.22 $97,321.73
128 $97,321.73 $525.90 $0.00 $550.27 $98,397.90
129 $98,397.90 $525.90 $0.00 $556.36 $99,480.16
130 $99,480.16 $525.90 $0.00 $562.48 $100,568.54
131 $100,568.54 $525.90 $0.00 $568.63 $101,663.07
132 $101,663.07 $525.90 $0.00 $574.82 $102,763.79
133 $102,763.79 $525.90 $0.00 $581.04 $103,870.73
134 $103,870.73 $525.90 $0.00 $587.30 $104,983.93
135 $104,983.93 $525.90 $0.00 $593.59 $106,103.42
136 $106,103.42 $525.90 $0.00 $599.92 $107,229.24
137 $107,229.24 $525.90 $0.00 $606.29 $108,361.43
138 $108,361.43 $525.90 $0.00 $612.69 $109,500.02
139 $109,500.02 $525.90 $0.00 $619.13 $110,645.05
140 $110,645.05 $525.90 $0.00 $625.60 $111,796.55
141 $111,796.55 $525.90 $0.00 $632.11 $112,954.56
142 $112,954.56 $525.90 $0.00 $638.66 $114,119.12
143 $114,119.12 $525.90 $0.00 $645.25 $115,290.27
144 $115,290.27 $525.90 $0.00 $651.87 $116,468.04
145 $116,468.04 $525.90 $0.00 $658.53 $117,652.47
146 $117,652.47 $525.90 $0.00 $665.22 $118,843.59
147 $118,843.59 $525.90 $0.00 $671.96 $120,041.45
148 $120,041.45 $525.90 $0.00 $678.73 $121,246.08
149 $121,246.08 $525.90 $0.00 $685.54 $122,457.52
150 $122,457.52 $525.90 $0.00 $692.39 $123,675.81
151 $123,675.81 $525.90 $0.00 $699.28 $124,900.99
152 $124,900.99 $525.90 $0.00 $706.21 $126,133.10
153 $126,133.10 $525.90 $0.00 $713.17 $127,372.17
154 $127,372.17 $525.90 $0.00 $720.18 $128,618.25
155 $128,618.25 $525.90 $0.00 $727.23 $129,871.38
156 $129,871.38 $525.90 $0.00 $734.31 $131,131.59
157 $131,131.59 $525.90 $0.00 $741.44 $132,398.93
158 $132,398.93 $525.90 $0.00 $748.60 $133,673.43
159 $133,673.43 $525.90 $0.00 $755.81 $134,955.14
160 $134,955.14 $525.90 $0.00 $763.06 $136,244.10
161 $136,244.10 $525.90 $0.00 $770.34 $137,540.34
162 $137,540.34 $525.90 $0.00 $777.67 $138,843.91
163 $138,843.91 $525.90 $0.00 $785.04 $140,154.85
164 $140,154.85 $525.90 $0.00 $792.46 $141,473.21
165 $141,473.21 $525.90 $0.00 $799.91 $142,799.02
166 $142,799.02 $525.90 $0.00 $807.41 $144,132.33
167 $144,132.33 $525.90 $0.00 $814.95 $145,473.18
168 $145,473.18 $525.90 $0.00 $822.53 $146,821.61
169 $146,821.61 $525.90 $0.00 $830.15 $148,177.66
170 $148,177.66 $525.90 $0.00 $837.82 $149,541.38
171 $149,541.38 $525.90 $0.00 $845.53 $150,912.81
172 $150,912.81 $525.90 $0.00 $853.28 $152,291.99
173 $152,291.99 $525.90 $0.00 $861.08 $153,678.97
174 $153,678.97 $525.90 $0.00 $868.92 $155,073.79
175 $155,073.79 $525.90 $0.00 $876.81 $156,476.50
176 $156,476.50 $525.90 $0.00 $884.74 $157,887.14
177 $157,887.14 $525.90 $0.00 $892.72 $159,305.76
178 $159,305.76 $525.90 $0.00 $900.74 $160,732.40
179 $160,732.40 $525.90 $0.00 $908.80 $162,167.10
180 $162,167.10 $525.90 $0.00 $916.92 $163,609.92
181 $163,609.92 $525.90 $0.00 $925.07 $165,060.89
182 $165,060.89 $525.90 $0.00 $933.28 $166,520.07
183 $166,520.07 $525.90 $0.00 $941.53 $167,987.50
184 $167,987.50 $525.90 $0.00 $949.83 $169,463.23
185 $169,463.23 $525.90 $0.00 $958.17 $170,947.30
186 $170,947.30 $525.90 $0.00 $966.56 $172,439.76
187 $172,439.76 $525.90 $0.00 $975.00 $173,940.66
188 $173,940.66 $525.90 $0.00 $983.49 $175,450.05
189 $175,450.05 $525.90 $0.00 $992.02 $176,967.97
190 $176,967.97 $525.90 $0.00 $1,000.60 $178,494.47
191 $178,494.47 $525.90 $0.00 $1,009.23 $180,029.60
192 $180,029.60 $525.90 $0.00 $1,017.91 $181,573.41
193 $181,573.41 $525.90 $0.00 $1,026.64 $183,125.95
194 $183,125.95 $525.90 $0.00 $1,035.42 $184,687.27
195 $184,687.27 $525.90 $0.00 $1,044.25 $186,257.42
196 $186,257.42 $525.90 $0.00 $1,053.13 $187,836.45
197 $187,836.45 $525.90 $0.00 $1,062.05 $189,424.40
198 $189,424.40 $525.90 $0.00 $1,071.03 $191,021.33
199 $191,021.33 $525.90 $0.00 $1,080.06 $192,627.29
200 $192,627.29 $525.90 $0.00 $1,089.14 $194,242.33
201 $194,242.33 $525.90 $0.00 $1,098.27 $195,866.50
202 $195,866.50 $525.90 $0.00 $1,107.46 $197,499.86
203 $197,499.86 $525.90 $0.00 $1,116.69 $199,142.45
204 $199,142.45 $525.90 $0.00 $1,125.98 $200,794.33
205 $200,794.33 $525.90 $0.00 $1,135.32 $202,455.55
206 $202,455.55 $525.90 $0.00 $1,144.71 $204,126.16
207 $204,126.16 $525.90 $0.00 $1,154.16 $205,806.22
208 $205,806.22 $525.90 $0.00 $1,163.66 $207,495.78
209 $207,495.78 $525.90 $0.00 $1,173.21 $209,194.89
210 $209,194.89 $525.90 $0.00 $1,182.82 $210,903.61
211 $210,903.61 $525.90 $0.00 $1,192.48 $212,621.99
212 $212,621.99 $525.90 $0.00 $1,202.20 $214,350.09
213 $214,350.09 $525.90 $0.00 $1,211.97 $216,087.96
214 $216,087.96 $525.90 $0.00 $1,221.79 $217,835.65
215 $217,835.65 $525.90 $0.00 $1,231.67 $219,593.22
216 $219,593.22 $525.90 $0.00 $1,241.61 $221,360.73
217 $221,360.73 $525.90 $61,655.18 $1,251.61 $161,483.06
218 $161,483.06 $525.90 $0.00 $913.05 $162,922.01
219 $162,922.01 $525.90 $0.00 $921.18 $164,369.09
220 $164,369.09 $525.90 $0.00 $929.37 $165,824.36
221 $165,824.36 $525.90 $0.00 $937.60 $167,287.86
222 $167,287.86 $525.90 $0.00 $945.87 $168,759.63
223 $168,759.63 $525.90 $0.00 $954.19 $170,239.72
224 $170,239.72 $525.90 $0.00 $962.56 $171,728.18
225 $171,728.18 $525.90 $0.00 $970.98 $173,225.06
226 $173,225.06 $525.90 $0.00 $979.44 $174,730.40
227 $174,730.40 $525.90 $0.00 $987.95 $176,244.25
228 $176,244.25 $525.90 $0.00 $996.51 $177,766.66
229 $177,766.66 $525.90 $64,737.94 $1,005.12 $114,559.74
230 $114,559.74 $525.90 $0.00 $647.74 $115,733.38
231 $115,733.38 $525.90 $0.00 $654.37 $116,913.65
232 $116,913.65 $525.90 $0.00 $661.05 $118,100.60
233 $118,100.60 $525.90 $0.00 $667.76 $119,294.26
234 $119,294.26 $525.90 $0.00 $674.51 $120,494.67
235 $120,494.67 $525.90 $0.00 $681.29 $121,701.86
236 $121,701.86 $525.90 $0.00 $688.12 $122,915.88
237 $122,915.88 $525.90 $0.00 $694.98 $124,136.76
238 $124,136.76 $525.90 $0.00 $701.89 $125,364.55
239 $125,364.55 $525.90 $0.00 $708.83 $126,599.28
240 $126,599.28 $525.90 $0.00 $715.81 $127,840.99
241 $127,840.99 $525.90 $67,974.83 $722.83 $61,114.89
242 $61,114.89 $525.90 $0.00 $345.55 $61,986.34
243 $61,986.34 $525.90 $0.00 $350.48 $62,862.72
244 $62,862.72 $525.90 $0.00 $355.43 $63,744.05
245 $63,744.05 $525.90 $0.00 $360.42 $64,630.37
246 $64,630.37 $525.90 $0.00 $365.43 $65,521.70
247 $65,521.70 $525.90 $0.00 $370.47 $66,418.07
248 $66,418.07 $525.90 $0.00 $375.54 $67,319.51
249 $67,319.51 $525.90 $0.00 $380.63 $68,226.04
250 $68,226.04 $525.90 $0.00 $385.76 $69,137.70
251 $69,137.70 $525.90 $0.00 $390.91 $70,054.51
252 $70,054.51 $525.90 $0.00 $396.10 $70,976.51
253 $70,976.51 $0.00 $71,373.58 $401.31 $4.24