Savings Plan and Future Cost Estimation for Remington College Colorado Springs Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$52,834
Monthly savings required$418

How much will it cost to send your child to Remington College Colorado Springs Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $211,336.03 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $418.23 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$20,374.00
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 $418.23 $0.00 $0.00 $418.23
2 $418.23 $418.23 $0.00 $2.36 $838.82
3 $838.82 $418.23 $0.00 $4.74 $1,261.79
4 $1,261.79 $418.23 $0.00 $7.13 $1,687.15
5 $1,687.15 $418.23 $0.00 $9.54 $2,114.92
6 $2,114.92 $418.23 $0.00 $11.96 $2,545.11
7 $2,545.11 $418.23 $0.00 $14.39 $2,977.73
8 $2,977.73 $418.23 $0.00 $16.84 $3,412.80
9 $3,412.80 $418.23 $0.00 $19.30 $3,850.33
10 $3,850.33 $418.23 $0.00 $21.77 $4,290.33
11 $4,290.33 $418.23 $0.00 $24.26 $4,732.82
12 $4,732.82 $418.23 $0.00 $26.76 $5,177.81
13 $5,177.81 $418.23 $0.00 $29.28 $5,625.32
14 $5,625.32 $418.23 $0.00 $31.81 $6,075.36
15 $6,075.36 $418.23 $0.00 $34.35 $6,527.94
16 $6,527.94 $418.23 $0.00 $36.91 $6,983.08
17 $6,983.08 $418.23 $0.00 $39.48 $7,440.79
18 $7,440.79 $418.23 $0.00 $42.07 $7,901.09
19 $7,901.09 $418.23 $0.00 $44.67 $8,363.99
20 $8,363.99 $418.23 $0.00 $47.29 $8,829.51
21 $8,829.51 $418.23 $0.00 $49.92 $9,297.66
22 $9,297.66 $418.23 $0.00 $52.57 $9,768.46
23 $9,768.46 $418.23 $0.00 $55.23 $10,241.92
24 $10,241.92 $418.23 $0.00 $57.91 $10,718.06
25 $10,718.06 $418.23 $0.00 $60.60 $11,196.89
26 $11,196.89 $418.23 $0.00 $63.31 $11,678.43
27 $11,678.43 $418.23 $0.00 $66.03 $12,162.69
28 $12,162.69 $418.23 $0.00 $68.77 $12,649.69
29 $12,649.69 $418.23 $0.00 $71.52 $13,139.44
30 $13,139.44 $418.23 $0.00 $74.29 $13,631.96
31 $13,631.96 $418.23 $0.00 $77.08 $14,127.27
32 $14,127.27 $418.23 $0.00 $79.88 $14,625.38
33 $14,625.38 $418.23 $0.00 $82.69 $15,126.30
34 $15,126.30 $418.23 $0.00 $85.53 $15,630.06
35 $15,630.06 $418.23 $0.00 $88.37 $16,136.66
36 $16,136.66 $418.23 $0.00 $91.24 $16,646.13
37 $16,646.13 $418.23 $0.00 $94.12 $17,158.48
38 $17,158.48 $418.23 $0.00 $97.02 $17,673.73
39 $17,673.73 $418.23 $0.00 $99.93 $18,191.89
40 $18,191.89 $418.23 $0.00 $102.86 $18,712.98
41 $18,712.98 $418.23 $0.00 $105.81 $19,237.02
42 $19,237.02 $418.23 $0.00 $108.77 $19,764.02
43 $19,764.02 $418.23 $0.00 $111.75 $20,294.00
44 $20,294.00 $418.23 $0.00 $114.75 $20,826.98
45 $20,826.98 $418.23 $0.00 $117.76 $21,362.97
46 $21,362.97 $418.23 $0.00 $120.79 $21,901.99
47 $21,901.99 $418.23 $0.00 $123.84 $22,444.06
48 $22,444.06 $418.23 $0.00 $126.90 $22,989.19
49 $22,989.19 $418.23 $0.00 $129.98 $23,537.40
50 $23,537.40 $418.23 $0.00 $133.08 $24,088.71
51 $24,088.71 $418.23 $0.00 $136.20 $24,643.14
52 $24,643.14 $418.23 $0.00 $139.34 $25,200.71
53 $25,200.71 $418.23 $0.00 $142.49 $25,761.43
54 $25,761.43 $418.23 $0.00 $145.66 $26,325.32
55 $26,325.32 $418.23 $0.00 $148.85 $26,892.40
56 $26,892.40 $418.23 $0.00 $152.05 $27,462.68
57 $27,462.68 $418.23 $0.00 $155.28 $28,036.19
58 $28,036.19 $418.23 $0.00 $158.52 $28,612.94
59 $28,612.94 $418.23 $0.00 $161.78 $29,192.95
60 $29,192.95 $418.23 $0.00 $165.06 $29,776.24
61 $29,776.24 $418.23 $0.00 $168.36 $30,362.83
62 $30,362.83 $418.23 $0.00 $171.68 $30,952.74
63 $30,952.74 $418.23 $0.00 $175.01 $31,545.98
64 $31,545.98 $418.23 $0.00 $178.37 $32,142.58
65 $32,142.58 $418.23 $0.00 $181.74 $32,742.55
66 $32,742.55 $418.23 $0.00 $185.13 $33,345.91
67 $33,345.91 $418.23 $0.00 $188.54 $33,952.68
68 $33,952.68 $418.23 $0.00 $191.97 $34,562.88
69 $34,562.88 $418.23 $0.00 $195.42 $35,176.53
70 $35,176.53 $418.23 $0.00 $198.89 $35,793.65
71 $35,793.65 $418.23 $0.00 $202.38 $36,414.26
72 $36,414.26 $418.23 $0.00 $205.89 $37,038.38
73 $37,038.38 $418.23 $0.00 $209.42 $37,666.03
74 $37,666.03 $418.23 $0.00 $212.97 $38,297.23
75 $38,297.23 $418.23 $0.00 $216.54 $38,932.00
76 $38,932.00 $418.23 $0.00 $220.13 $39,570.36
77 $39,570.36 $418.23 $0.00 $223.74 $40,212.33
78 $40,212.33 $418.23 $0.00 $227.37 $40,857.93
79 $40,857.93 $418.23 $0.00 $231.02 $41,507.18
80 $41,507.18 $418.23 $0.00 $234.69 $42,160.10
81 $42,160.10 $418.23 $0.00 $238.38 $42,816.71
82 $42,816.71 $418.23 $0.00 $242.09 $43,477.03
83 $43,477.03 $418.23 $0.00 $245.83 $44,141.09
84 $44,141.09 $418.23 $0.00 $249.58 $44,808.90
85 $44,808.90 $418.23 $0.00 $253.36 $45,480.49
86 $45,480.49 $418.23 $0.00 $257.15 $46,155.87
87 $46,155.87 $418.23 $0.00 $260.97 $46,835.07
88 $46,835.07 $418.23 $0.00 $264.81 $47,518.11
89 $47,518.11 $418.23 $0.00 $268.67 $48,205.01
90 $48,205.01 $418.23 $0.00 $272.56 $48,895.80
91 $48,895.80 $418.23 $0.00 $276.46 $49,590.49
92 $49,590.49 $418.23 $0.00 $280.39 $50,289.11
93 $50,289.11 $418.23 $0.00 $284.34 $50,991.68
94 $50,991.68 $418.23 $0.00 $288.31 $51,698.22
95 $51,698.22 $418.23 $0.00 $292.31 $52,408.76
96 $52,408.76 $418.23 $0.00 $296.33 $53,123.32
97 $53,123.32 $418.23 $0.00 $300.37 $53,841.92
98 $53,841.92 $418.23 $0.00 $304.43 $54,564.58
99 $54,564.58 $418.23 $0.00 $308.52 $55,291.33
100 $55,291.33 $418.23 $0.00 $312.63 $56,022.19
101 $56,022.19 $418.23 $0.00 $316.76 $56,757.18
102 $56,757.18 $418.23 $0.00 $320.91 $57,496.32
103 $57,496.32 $418.23 $0.00 $325.09 $58,239.64
104 $58,239.64 $418.23 $0.00 $329.30 $58,987.17
105 $58,987.17 $418.23 $0.00 $333.52 $59,738.92
106 $59,738.92 $418.23 $0.00 $337.77 $60,494.92
107 $60,494.92 $418.23 $0.00 $342.05 $61,255.20
108 $61,255.20 $418.23 $0.00 $346.35 $62,019.78
109 $62,019.78 $418.23 $0.00 $350.67 $62,788.68
110 $62,788.68 $418.23 $0.00 $355.02 $63,561.93
111 $63,561.93 $418.23 $0.00 $359.39 $64,339.55
112 $64,339.55 $418.23 $0.00 $363.79 $65,121.57
113 $65,121.57 $418.23 $0.00 $368.21 $65,908.01
114 $65,908.01 $418.23 $0.00 $372.65 $66,698.89
115 $66,698.89 $418.23 $0.00 $377.13 $67,494.25
116 $67,494.25 $418.23 $0.00 $381.62 $68,294.10
117 $68,294.10 $418.23 $0.00 $386.14 $69,098.47
118 $69,098.47 $418.23 $0.00 $390.69 $69,907.39
119 $69,907.39 $418.23 $0.00 $395.27 $70,720.89
120 $70,720.89 $418.23 $0.00 $399.87 $71,538.99
121 $71,538.99 $418.23 $0.00 $404.49 $72,361.71
122 $72,361.71 $418.23 $0.00 $409.14 $73,189.08
123 $73,189.08 $418.23 $0.00 $413.82 $74,021.13
124 $74,021.13 $418.23 $0.00 $418.53 $74,857.89
125 $74,857.89 $418.23 $0.00 $423.26 $75,699.38
126 $75,699.38 $418.23 $0.00 $428.02 $76,545.63
127 $76,545.63 $418.23 $0.00 $432.80 $77,396.66
128 $77,396.66 $418.23 $0.00 $437.61 $78,252.50
129 $78,252.50 $418.23 $0.00 $442.45 $79,113.18
130 $79,113.18 $418.23 $0.00 $447.32 $79,978.73
131 $79,978.73 $418.23 $0.00 $452.21 $80,849.17
132 $80,849.17 $418.23 $0.00 $457.13 $81,724.53
133 $81,724.53 $418.23 $0.00 $462.08 $82,604.84
134 $82,604.84 $418.23 $0.00 $467.06 $83,490.13
135 $83,490.13 $418.23 $0.00 $472.07 $84,380.43
136 $84,380.43 $418.23 $0.00 $477.10 $85,275.76
137 $85,275.76 $418.23 $0.00 $482.16 $86,176.15
138 $86,176.15 $418.23 $0.00 $487.25 $87,081.63
139 $87,081.63 $418.23 $0.00 $492.37 $87,992.23
140 $87,992.23 $418.23 $0.00 $497.52 $88,907.98
141 $88,907.98 $418.23 $0.00 $502.70 $89,828.91
142 $89,828.91 $418.23 $0.00 $507.91 $90,755.05
143 $90,755.05 $418.23 $0.00 $513.14 $91,686.42
144 $91,686.42 $418.23 $0.00 $518.41 $92,623.06
145 $92,623.06 $418.23 $0.00 $523.70 $93,564.99
146 $93,564.99 $418.23 $0.00 $529.03 $94,512.25
147 $94,512.25 $418.23 $0.00 $534.39 $95,464.87
148 $95,464.87 $418.23 $0.00 $539.77 $96,422.87
149 $96,422.87 $418.23 $0.00 $545.19 $97,386.29
150 $97,386.29 $418.23 $0.00 $550.64 $98,355.16
151 $98,355.16 $418.23 $0.00 $556.11 $99,329.50
152 $99,329.50 $418.23 $0.00 $561.62 $100,309.35
153 $100,309.35 $418.23 $0.00 $567.16 $101,294.74
154 $101,294.74 $418.23 $0.00 $572.74 $102,285.71
155 $102,285.71 $418.23 $0.00 $578.34 $103,282.28
156 $103,282.28 $418.23 $0.00 $583.97 $104,284.48
157 $104,284.48 $418.23 $0.00 $589.64 $105,292.35
158 $105,292.35 $418.23 $0.00 $595.34 $106,305.92
159 $106,305.92 $418.23 $0.00 $601.07 $107,325.22
160 $107,325.22 $418.23 $0.00 $606.83 $108,350.28
161 $108,350.28 $418.23 $0.00 $612.63 $109,381.14
162 $109,381.14 $418.23 $0.00 $618.46 $110,417.83
163 $110,417.83 $418.23 $0.00 $624.32 $111,460.38
164 $111,460.38 $418.23 $0.00 $630.21 $112,508.82
165 $112,508.82 $418.23 $0.00 $636.14 $113,563.19
166 $113,563.19 $418.23 $0.00 $642.10 $114,623.52
167 $114,623.52 $418.23 $0.00 $648.10 $115,689.85
168 $115,689.85 $418.23 $0.00 $654.13 $116,762.21
169 $116,762.21 $418.23 $0.00 $660.19 $117,840.63
170 $117,840.63 $418.23 $0.00 $666.29 $118,925.15
171 $118,925.15 $418.23 $0.00 $672.42 $120,015.80
172 $120,015.80 $418.23 $0.00 $678.59 $121,112.62
173 $121,112.62 $418.23 $0.00 $684.79 $122,215.64
174 $122,215.64 $418.23 $0.00 $691.02 $123,324.89
175 $123,324.89 $418.23 $0.00 $697.30 $124,440.42
176 $124,440.42 $418.23 $0.00 $703.60 $125,562.25
177 $125,562.25 $418.23 $0.00 $709.95 $126,690.43
178 $126,690.43 $418.23 $0.00 $716.33 $127,824.99
179 $127,824.99 $418.23 $0.00 $722.74 $128,965.96
180 $128,965.96 $418.23 $0.00 $729.19 $130,113.38
181 $130,113.38 $418.23 $0.00 $735.68 $131,267.29
182 $131,267.29 $418.23 $0.00 $742.20 $132,427.72
183 $132,427.72 $418.23 $0.00 $748.77 $133,594.72
184 $133,594.72 $418.23 $0.00 $755.36 $134,768.31
185 $134,768.31 $418.23 $0.00 $762.00 $135,948.54
186 $135,948.54 $418.23 $0.00 $768.67 $137,135.44
187 $137,135.44 $418.23 $0.00 $775.38 $138,329.05
188 $138,329.05 $418.23 $0.00 $782.13 $139,529.41
189 $139,529.41 $418.23 $0.00 $788.92 $140,736.56
190 $140,736.56 $418.23 $0.00 $795.74 $141,950.53
191 $141,950.53 $418.23 $0.00 $802.61 $143,171.37
192 $143,171.37 $418.23 $0.00 $809.51 $144,399.11
193 $144,399.11 $418.23 $0.00 $816.45 $145,633.79
194 $145,633.79 $418.23 $0.00 $823.43 $146,875.45
195 $146,875.45 $418.23 $0.00 $830.46 $148,124.14
196 $148,124.14 $418.23 $0.00 $837.52 $149,379.89
197 $149,379.89 $418.23 $0.00 $844.62 $150,642.74
198 $150,642.74 $418.23 $0.00 $851.76 $151,912.73
199 $151,912.73 $418.23 $0.00 $858.94 $153,189.90
200 $153,189.90 $418.23 $0.00 $866.16 $154,474.29
201 $154,474.29 $418.23 $0.00 $873.42 $155,765.94
202 $155,765.94 $418.23 $0.00 $880.72 $157,064.89
203 $157,064.89 $418.23 $0.00 $888.07 $158,371.19
204 $158,371.19 $418.23 $0.00 $895.45 $159,684.87
205 $159,684.87 $418.23 $0.00 $902.88 $161,005.98
206 $161,005.98 $418.23 $0.00 $910.35 $162,334.56
207 $162,334.56 $418.23 $0.00 $917.86 $163,670.65
208 $163,670.65 $418.23 $0.00 $925.42 $165,014.30
209 $165,014.30 $418.23 $0.00 $933.01 $166,365.54
210 $166,365.54 $418.23 $0.00 $940.65 $167,724.42
211 $167,724.42 $418.23 $0.00 $948.34 $169,090.99
212 $169,090.99 $418.23 $0.00 $956.07 $170,465.29
213 $170,465.29 $418.23 $0.00 $963.84 $171,847.36
214 $171,847.36 $418.23 $0.00 $971.65 $173,237.24
215 $173,237.24 $418.23 $0.00 $979.51 $174,634.98
216 $174,634.98 $418.23 $0.00 $987.41 $176,040.62
217 $176,040.62 $418.23 $49,032.46 $995.36 $128,421.75
218 $128,421.75 $418.23 $0.00 $726.12 $129,566.10
219 $129,566.10 $418.23 $0.00 $732.59 $130,716.92
220 $130,716.92 $418.23 $0.00 $739.09 $131,874.24
221 $131,874.24 $418.23 $0.00 $745.64 $133,038.11
222 $133,038.11 $418.23 $0.00 $752.22 $134,208.56
223 $134,208.56 $418.23 $0.00 $758.83 $135,385.62
224 $135,385.62 $418.23 $0.00 $765.49 $136,569.34
225 $136,569.34 $418.23 $0.00 $772.18 $137,759.75
226 $137,759.75 $418.23 $0.00 $778.91 $138,956.89
227 $138,956.89 $418.23 $0.00 $785.68 $140,160.80
228 $140,160.80 $418.23 $0.00 $792.49 $141,371.52
229 $141,371.52 $418.23 $51,484.08 $799.34 $91,105.01
230 $91,105.01 $418.23 $0.00 $515.12 $92,038.36
231 $92,038.36 $418.23 $0.00 $520.40 $92,976.99
232 $92,976.99 $418.23 $0.00 $525.71 $93,920.93
233 $93,920.93 $418.23 $0.00 $531.04 $94,870.20
234 $94,870.20 $418.23 $0.00 $536.41 $95,824.84
235 $95,824.84 $418.23 $0.00 $541.81 $96,784.88
236 $96,784.88 $418.23 $0.00 $547.24 $97,750.35
237 $97,750.35 $418.23 $0.00 $552.69 $98,721.27
238 $98,721.27 $418.23 $0.00 $558.18 $99,697.68
239 $99,697.68 $418.23 $0.00 $563.71 $100,679.62
240 $100,679.62 $418.23 $0.00 $569.26 $101,667.11
241 $101,667.11 $418.23 $54,058.29 $574.84 $48,601.89
242 $48,601.89 $418.23 $0.00 $274.80 $49,294.92
243 $49,294.92 $418.23 $0.00 $278.72 $49,991.87
244 $49,991.87 $418.23 $0.00 $282.66 $50,692.76
245 $50,692.76 $418.23 $0.00 $286.62 $51,397.61
246 $51,397.61 $418.23 $0.00 $290.61 $52,106.45
247 $52,106.45 $418.23 $0.00 $294.62 $52,819.30
248 $52,819.30 $418.23 $0.00 $298.65 $53,536.18
249 $53,536.18 $418.23 $0.00 $302.70 $54,257.11
250 $54,257.11 $418.23 $0.00 $306.78 $54,982.12
251 $54,982.12 $418.23 $0.00 $310.88 $55,711.23
252 $55,711.23 $418.23 $0.00 $315.00 $56,444.46
253 $56,444.46 $0.00 $56,761.20 $319.15 $2.41