Savings Plan and Future Cost Estimation for Rocky Mountain College of Art and Design

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$91,418
Monthly savings required$724

How much will it cost to send your child to Rocky Mountain College of Art and Design in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $365,673.37 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $723.66 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$35,253.00
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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Discover how much will you need to start saving now to afford Rocky Mountain College of Art and Design in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $723.66 $0.00 $0.00 $723.66
2 $723.66 $723.66 $0.00 $4.09 $1,451.41
3 $1,451.41 $723.66 $0.00 $8.21 $2,183.28
4 $2,183.28 $723.66 $0.00 $12.34 $2,919.28
5 $2,919.28 $723.66 $0.00 $16.51 $3,659.45
6 $3,659.45 $723.66 $0.00 $20.69 $4,403.80
7 $4,403.80 $723.66 $0.00 $24.90 $5,152.36
8 $5,152.36 $723.66 $0.00 $29.13 $5,905.15
9 $5,905.15 $723.66 $0.00 $33.39 $6,662.20
10 $6,662.20 $723.66 $0.00 $37.67 $7,423.53
11 $7,423.53 $723.66 $0.00 $41.97 $8,189.16
12 $8,189.16 $723.66 $0.00 $46.30 $8,959.12
13 $8,959.12 $723.66 $0.00 $50.66 $9,733.44
14 $9,733.44 $723.66 $0.00 $55.03 $10,512.13
15 $10,512.13 $723.66 $0.00 $59.44 $11,295.23
16 $11,295.23 $723.66 $0.00 $63.86 $12,082.75
17 $12,082.75 $723.66 $0.00 $68.32 $12,874.73
18 $12,874.73 $723.66 $0.00 $72.80 $13,671.19
19 $13,671.19 $723.66 $0.00 $77.30 $14,472.15
20 $14,472.15 $723.66 $0.00 $81.83 $15,277.64
21 $15,277.64 $723.66 $0.00 $86.38 $16,087.68
22 $16,087.68 $723.66 $0.00 $90.96 $16,902.30
23 $16,902.30 $723.66 $0.00 $95.57 $17,721.53
24 $17,721.53 $723.66 $0.00 $100.20 $18,545.39
25 $18,545.39 $723.66 $0.00 $104.86 $19,373.91
26 $19,373.91 $723.66 $0.00 $109.54 $20,207.11
27 $20,207.11 $723.66 $0.00 $114.25 $21,045.02
28 $21,045.02 $723.66 $0.00 $118.99 $21,887.67
29 $21,887.67 $723.66 $0.00 $123.76 $22,735.09
30 $22,735.09 $723.66 $0.00 $128.55 $23,587.30
31 $23,587.30 $723.66 $0.00 $133.37 $24,444.33
32 $24,444.33 $723.66 $0.00 $138.21 $25,306.20
33 $25,306.20 $723.66 $0.00 $143.08 $26,172.94
34 $26,172.94 $723.66 $0.00 $147.99 $27,044.59
35 $27,044.59 $723.66 $0.00 $152.91 $27,921.16
36 $27,921.16 $723.66 $0.00 $157.87 $28,802.69
37 $28,802.69 $723.66 $0.00 $162.85 $29,689.20
38 $29,689.20 $723.66 $0.00 $167.87 $30,580.73
39 $30,580.73 $723.66 $0.00 $172.91 $31,477.30
40 $31,477.30 $723.66 $0.00 $177.98 $32,378.94
41 $32,378.94 $723.66 $0.00 $183.08 $33,285.68
42 $33,285.68 $723.66 $0.00 $188.20 $34,197.54
43 $34,197.54 $723.66 $0.00 $193.36 $35,114.56
44 $35,114.56 $723.66 $0.00 $198.54 $36,036.76
45 $36,036.76 $723.66 $0.00 $203.76 $36,964.18
46 $36,964.18 $723.66 $0.00 $209.00 $37,896.84
47 $37,896.84 $723.66 $0.00 $214.27 $38,834.77
48 $38,834.77 $723.66 $0.00 $219.58 $39,778.01
49 $39,778.01 $723.66 $0.00 $224.91 $40,726.58
50 $40,726.58 $723.66 $0.00 $230.27 $41,680.51
51 $41,680.51 $723.66 $0.00 $235.67 $42,639.84
52 $42,639.84 $723.66 $0.00 $241.09 $43,604.59
53 $43,604.59 $723.66 $0.00 $246.55 $44,574.80
54 $44,574.80 $723.66 $0.00 $252.03 $45,550.49
55 $45,550.49 $723.66 $0.00 $257.55 $46,531.70
56 $46,531.70 $723.66 $0.00 $263.10 $47,518.46
57 $47,518.46 $723.66 $0.00 $268.68 $48,510.80
58 $48,510.80 $723.66 $0.00 $274.29 $49,508.75
59 $49,508.75 $723.66 $0.00 $279.93 $50,512.34
60 $50,512.34 $723.66 $0.00 $285.60 $51,521.60
61 $51,521.60 $723.66 $0.00 $291.31 $52,536.57
62 $52,536.57 $723.66 $0.00 $297.05 $53,557.28
63 $53,557.28 $723.66 $0.00 $302.82 $54,583.76
64 $54,583.76 $723.66 $0.00 $308.62 $55,616.04
65 $55,616.04 $723.66 $0.00 $314.46 $56,654.16
66 $56,654.16 $723.66 $0.00 $320.33 $57,698.15
67 $57,698.15 $723.66 $0.00 $326.23 $58,748.04
68 $58,748.04 $723.66 $0.00 $332.17 $59,803.87
69 $59,803.87 $723.66 $0.00 $338.14 $60,865.67
70 $60,865.67 $723.66 $0.00 $344.14 $61,933.47
71 $61,933.47 $723.66 $0.00 $350.18 $63,007.31
72 $63,007.31 $723.66 $0.00 $356.25 $64,087.22
73 $64,087.22 $723.66 $0.00 $362.36 $65,173.24
74 $65,173.24 $723.66 $0.00 $368.50 $66,265.40
75 $66,265.40 $723.66 $0.00 $374.67 $67,363.73
76 $67,363.73 $723.66 $0.00 $380.88 $68,468.27
77 $68,468.27 $723.66 $0.00 $387.13 $69,579.06
78 $69,579.06 $723.66 $0.00 $393.41 $70,696.13
79 $70,696.13 $723.66 $0.00 $399.73 $71,819.52
80 $71,819.52 $723.66 $0.00 $406.08 $72,949.26
81 $72,949.26 $723.66 $0.00 $412.47 $74,085.39
82 $74,085.39 $723.66 $0.00 $418.89 $75,227.94
83 $75,227.94 $723.66 $0.00 $425.35 $76,376.95
84 $76,376.95 $723.66 $0.00 $431.85 $77,532.46
85 $77,532.46 $723.66 $0.00 $438.38 $78,694.50
86 $78,694.50 $723.66 $0.00 $444.95 $79,863.11
87 $79,863.11 $723.66 $0.00 $451.56 $81,038.33
88 $81,038.33 $723.66 $0.00 $458.20 $82,220.19
89 $82,220.19 $723.66 $0.00 $464.88 $83,408.73
90 $83,408.73 $723.66 $0.00 $471.61 $84,604.00
91 $84,604.00 $723.66 $0.00 $478.36 $85,806.02
92 $85,806.02 $723.66 $0.00 $485.16 $87,014.84
93 $87,014.84 $723.66 $0.00 $491.99 $88,230.49
94 $88,230.49 $723.66 $0.00 $498.87 $89,453.02
95 $89,453.02 $723.66 $0.00 $505.78 $90,682.46
96 $90,682.46 $723.66 $0.00 $512.73 $91,918.85
97 $91,918.85 $723.66 $0.00 $519.72 $93,162.23
98 $93,162.23 $723.66 $0.00 $526.75 $94,412.64
99 $94,412.64 $723.66 $0.00 $533.82 $95,670.12
100 $95,670.12 $723.66 $0.00 $540.93 $96,934.71
101 $96,934.71 $723.66 $0.00 $548.08 $98,206.45
102 $98,206.45 $723.66 $0.00 $555.27 $99,485.38
103 $99,485.38 $723.66 $0.00 $562.50 $100,771.54
104 $100,771.54 $723.66 $0.00 $569.78 $102,064.98
105 $102,064.98 $723.66 $0.00 $577.09 $103,365.73
106 $103,365.73 $723.66 $0.00 $584.44 $104,673.83
107 $104,673.83 $723.66 $0.00 $591.84 $105,989.33
108 $105,989.33 $723.66 $0.00 $599.28 $107,312.27
109 $107,312.27 $723.66 $0.00 $606.76 $108,642.69
110 $108,642.69 $723.66 $0.00 $614.28 $109,980.63
111 $109,980.63 $723.66 $0.00 $621.85 $111,326.14
112 $111,326.14 $723.66 $0.00 $629.45 $112,679.25
113 $112,679.25 $723.66 $0.00 $637.10 $114,040.01
114 $114,040.01 $723.66 $0.00 $644.80 $115,408.47
115 $115,408.47 $723.66 $0.00 $652.54 $116,784.67
116 $116,784.67 $723.66 $0.00 $660.32 $118,168.65
117 $118,168.65 $723.66 $0.00 $668.14 $119,560.45
118 $119,560.45 $723.66 $0.00 $676.01 $120,960.12
119 $120,960.12 $723.66 $0.00 $683.93 $122,367.71
120 $122,367.71 $723.66 $0.00 $691.88 $123,783.25
121 $123,783.25 $723.66 $0.00 $699.89 $125,206.80
122 $125,206.80 $723.66 $0.00 $707.94 $126,638.40
123 $126,638.40 $723.66 $0.00 $716.03 $128,078.09
124 $128,078.09 $723.66 $0.00 $724.17 $129,525.92
125 $129,525.92 $723.66 $0.00 $732.36 $130,981.94
126 $130,981.94 $723.66 $0.00 $740.59 $132,446.19
127 $132,446.19 $723.66 $0.00 $748.87 $133,918.72
128 $133,918.72 $723.66 $0.00 $757.20 $135,399.58
129 $135,399.58 $723.66 $0.00 $765.57 $136,888.81
130 $136,888.81 $723.66 $0.00 $773.99 $138,386.46
131 $138,386.46 $723.66 $0.00 $782.46 $139,892.58
132 $139,892.58 $723.66 $0.00 $790.97 $141,407.21
133 $141,407.21 $723.66 $0.00 $799.54 $142,930.41
134 $142,930.41 $723.66 $0.00 $808.15 $144,462.22
135 $144,462.22 $723.66 $0.00 $816.81 $146,002.69
136 $146,002.69 $723.66 $0.00 $825.52 $147,551.87
137 $147,551.87 $723.66 $0.00 $834.28 $149,109.81
138 $149,109.81 $723.66 $0.00 $843.09 $150,676.56
139 $150,676.56 $723.66 $0.00 $851.95 $152,252.17
140 $152,252.17 $723.66 $0.00 $860.86 $153,836.69
141 $153,836.69 $723.66 $0.00 $869.82 $155,430.17
142 $155,430.17 $723.66 $0.00 $878.82 $157,032.65
143 $157,032.65 $723.66 $0.00 $887.89 $158,644.20
144 $158,644.20 $723.66 $0.00 $897.00 $160,264.86
145 $160,264.86 $723.66 $0.00 $906.16 $161,894.68
146 $161,894.68 $723.66 $0.00 $915.38 $163,533.72
147 $163,533.72 $723.66 $0.00 $924.64 $165,182.02
148 $165,182.02 $723.66 $0.00 $933.96 $166,839.64
149 $166,839.64 $723.66 $0.00 $943.34 $168,506.64
150 $168,506.64 $723.66 $0.00 $952.76 $170,183.06
151 $170,183.06 $723.66 $0.00 $962.24 $171,868.96
152 $171,868.96 $723.66 $0.00 $971.77 $173,564.39
153 $173,564.39 $723.66 $0.00 $981.36 $175,269.41
154 $175,269.41 $723.66 $0.00 $991.00 $176,984.07
155 $176,984.07 $723.66 $0.00 $1,000.69 $178,708.42
156 $178,708.42 $723.66 $0.00 $1,010.44 $180,442.52
157 $180,442.52 $723.66 $0.00 $1,020.25 $182,186.43
158 $182,186.43 $723.66 $0.00 $1,030.11 $183,940.20
159 $183,940.20 $723.66 $0.00 $1,040.02 $185,703.88
160 $185,703.88 $723.66 $0.00 $1,050.00 $187,477.54
161 $187,477.54 $723.66 $0.00 $1,060.03 $189,261.23
162 $189,261.23 $723.66 $0.00 $1,070.11 $191,055.00
163 $191,055.00 $723.66 $0.00 $1,080.25 $192,858.91
164 $192,858.91 $723.66 $0.00 $1,090.45 $194,673.02
165 $194,673.02 $723.66 $0.00 $1,100.71 $196,497.39
166 $196,497.39 $723.66 $0.00 $1,111.02 $198,332.07
167 $198,332.07 $723.66 $0.00 $1,121.40 $200,177.13
168 $200,177.13 $723.66 $0.00 $1,131.83 $202,032.62
169 $202,032.62 $723.66 $0.00 $1,142.32 $203,898.60
170 $203,898.60 $723.66 $0.00 $1,152.87 $205,775.13
171 $205,775.13 $723.66 $0.00 $1,163.48 $207,662.27
172 $207,662.27 $723.66 $0.00 $1,174.15 $209,560.08
173 $209,560.08 $723.66 $0.00 $1,184.88 $211,468.62
174 $211,468.62 $723.66 $0.00 $1,195.67 $213,387.95
175 $213,387.95 $723.66 $0.00 $1,206.53 $215,318.14
176 $215,318.14 $723.66 $0.00 $1,217.44 $217,259.24
177 $217,259.24 $723.66 $0.00 $1,228.42 $219,211.32
178 $219,211.32 $723.66 $0.00 $1,239.45 $221,174.43
179 $221,174.43 $723.66 $0.00 $1,250.55 $223,148.64
180 $223,148.64 $723.66 $0.00 $1,261.71 $225,134.01
181 $225,134.01 $723.66 $0.00 $1,272.94 $227,130.61
182 $227,130.61 $723.66 $0.00 $1,284.23 $229,138.50
183 $229,138.50 $723.66 $0.00 $1,295.58 $231,157.74
184 $231,157.74 $723.66 $0.00 $1,307.00 $233,188.40
185 $233,188.40 $723.66 $0.00 $1,318.48 $235,230.54
186 $235,230.54 $723.66 $0.00 $1,330.03 $237,284.23
187 $237,284.23 $723.66 $0.00 $1,341.64 $239,349.53
188 $239,349.53 $723.66 $0.00 $1,353.32 $241,426.51
189 $241,426.51 $723.66 $0.00 $1,365.06 $243,515.23
190 $243,515.23 $723.66 $0.00 $1,376.87 $245,615.76
191 $245,615.76 $723.66 $0.00 $1,388.75 $247,728.17
192 $247,728.17 $723.66 $0.00 $1,400.69 $249,852.52
193 $249,852.52 $723.66 $0.00 $1,412.70 $251,988.88
194 $251,988.88 $723.66 $0.00 $1,424.78 $254,137.32
195 $254,137.32 $723.66 $0.00 $1,436.93 $256,297.91
196 $256,297.91 $723.66 $0.00 $1,449.15 $258,470.72
197 $258,470.72 $723.66 $0.00 $1,461.43 $260,655.81
198 $260,655.81 $723.66 $0.00 $1,473.79 $262,853.26
199 $262,853.26 $723.66 $0.00 $1,486.21 $265,063.13
200 $265,063.13 $723.66 $0.00 $1,498.71 $267,285.50
201 $267,285.50 $723.66 $0.00 $1,511.27 $269,520.43
202 $269,520.43 $723.66 $0.00 $1,523.91 $271,768.00
203 $271,768.00 $723.66 $0.00 $1,536.62 $274,028.28
204 $274,028.28 $723.66 $0.00 $1,549.40 $276,301.34
205 $276,301.34 $723.66 $0.00 $1,562.25 $278,587.25
206 $278,587.25 $723.66 $0.00 $1,575.17 $280,886.08
207 $280,886.08 $723.66 $0.00 $1,588.17 $283,197.91
208 $283,197.91 $723.66 $0.00 $1,601.24 $285,522.81
209 $285,522.81 $723.66 $0.00 $1,614.39 $287,860.86
210 $287,860.86 $723.66 $0.00 $1,627.61 $290,212.13
211 $290,212.13 $723.66 $0.00 $1,640.90 $292,576.69
212 $292,576.69 $723.66 $0.00 $1,654.27 $294,954.62
213 $294,954.62 $723.66 $0.00 $1,667.72 $297,346.00
214 $297,346.00 $723.66 $0.00 $1,681.24 $299,750.90
215 $299,750.90 $723.66 $0.00 $1,694.84 $302,169.40
216 $302,169.40 $723.66 $0.00 $1,708.51 $304,601.57
217 $304,601.57 $723.66 $84,840.55 $1,722.26 $222,206.94
218 $222,206.94 $723.66 $0.00 $1,256.39 $224,186.99
219 $224,186.99 $723.66 $0.00 $1,267.59 $226,178.24
220 $226,178.24 $723.66 $0.00 $1,278.84 $228,180.74
221 $228,180.74 $723.66 $0.00 $1,290.17 $230,194.57
222 $230,194.57 $723.66 $0.00 $1,301.55 $232,219.78
223 $232,219.78 $723.66 $0.00 $1,313.00 $234,256.44
224 $234,256.44 $723.66 $0.00 $1,324.52 $236,304.62
225 $236,304.62 $723.66 $0.00 $1,336.10 $238,364.38
226 $238,364.38 $723.66 $0.00 $1,347.75 $240,435.79
227 $240,435.79 $723.66 $0.00 $1,359.46 $242,518.91
228 $242,518.91 $723.66 $0.00 $1,371.24 $244,613.81
229 $244,613.81 $723.66 $89,082.58 $1,383.08 $157,637.97
230 $157,637.97 $723.66 $0.00 $891.31 $159,252.94
231 $159,252.94 $723.66 $0.00 $900.44 $160,877.04
232 $160,877.04 $723.66 $0.00 $909.62 $162,510.32
233 $162,510.32 $723.66 $0.00 $918.86 $164,152.84
234 $164,152.84 $723.66 $0.00 $928.14 $165,804.64
235 $165,804.64 $723.66 $0.00 $937.48 $167,465.78
236 $167,465.78 $723.66 $0.00 $946.88 $169,136.32
237 $169,136.32 $723.66 $0.00 $956.32 $170,816.30
238 $170,816.30 $723.66 $0.00 $965.82 $172,505.78
239 $172,505.78 $723.66 $0.00 $975.37 $174,204.81
240 $174,204.81 $723.66 $0.00 $984.98 $175,913.45
241 $175,913.45 $723.66 $93,536.70 $994.64 $84,095.05
242 $84,095.05 $723.66 $0.00 $475.49 $85,294.20
243 $85,294.20 $723.66 $0.00 $482.27 $86,500.13
244 $86,500.13 $723.66 $0.00 $489.08 $87,712.87
245 $87,712.87 $723.66 $0.00 $495.94 $88,932.47
246 $88,932.47 $723.66 $0.00 $502.84 $90,158.97
247 $90,158.97 $723.66 $0.00 $509.77 $91,392.40
248 $91,392.40 $723.66 $0.00 $516.75 $92,632.81
249 $92,632.81 $723.66 $0.00 $523.76 $93,880.23
250 $93,880.23 $723.66 $0.00 $530.81 $95,134.70
251 $95,134.70 $723.66 $0.00 $537.91 $96,396.27
252 $96,396.27 $723.66 $0.00 $545.04 $97,664.97
253 $97,664.97 $0.00 $98,213.54 $552.21 $3.64