Savings Plan and Future Cost Estimation for University of Saint Joseph

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$151,874
Monthly savings required$1,202

How much will it cost to send your child to University of Saint Joseph in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $607,495.15 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,202.21 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$58,566.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,202.21 $0.00 $0.00 $1,202.21
2 $1,202.21 $1,202.21 $0.00 $6.80 $2,411.22
3 $2,411.22 $1,202.21 $0.00 $13.63 $3,627.06
4 $3,627.06 $1,202.21 $0.00 $20.51 $4,849.78
5 $4,849.78 $1,202.21 $0.00 $27.42 $6,079.41
6 $6,079.41 $1,202.21 $0.00 $34.37 $7,315.99
7 $7,315.99 $1,202.21 $0.00 $41.37 $8,559.57
8 $8,559.57 $1,202.21 $0.00 $48.40 $9,810.18
9 $9,810.18 $1,202.21 $0.00 $55.47 $11,067.86
10 $11,067.86 $1,202.21 $0.00 $62.58 $12,332.65
11 $12,332.65 $1,202.21 $0.00 $69.73 $13,604.59
12 $13,604.59 $1,202.21 $0.00 $76.92 $14,883.72
13 $14,883.72 $1,202.21 $0.00 $84.15 $16,170.08
14 $16,170.08 $1,202.21 $0.00 $91.43 $17,463.72
15 $17,463.72 $1,202.21 $0.00 $98.74 $18,764.67
16 $18,764.67 $1,202.21 $0.00 $106.10 $20,072.98
17 $20,072.98 $1,202.21 $0.00 $113.50 $21,388.69
18 $21,388.69 $1,202.21 $0.00 $120.93 $22,711.83
19 $22,711.83 $1,202.21 $0.00 $128.42 $24,042.46
20 $24,042.46 $1,202.21 $0.00 $135.94 $25,380.61
21 $25,380.61 $1,202.21 $0.00 $143.51 $26,726.33
22 $26,726.33 $1,202.21 $0.00 $151.11 $28,079.65
23 $28,079.65 $1,202.21 $0.00 $158.77 $29,440.63
24 $29,440.63 $1,202.21 $0.00 $166.46 $30,809.30
25 $30,809.30 $1,202.21 $0.00 $174.20 $32,185.71
26 $32,185.71 $1,202.21 $0.00 $181.98 $33,569.90
27 $33,569.90 $1,202.21 $0.00 $189.81 $34,961.92
28 $34,961.92 $1,202.21 $0.00 $197.68 $36,361.81
29 $36,361.81 $1,202.21 $0.00 $205.59 $37,769.61
30 $37,769.61 $1,202.21 $0.00 $213.55 $39,185.37
31 $39,185.37 $1,202.21 $0.00 $221.56 $40,609.14
32 $40,609.14 $1,202.21 $0.00 $229.61 $42,040.96
33 $42,040.96 $1,202.21 $0.00 $237.71 $43,480.88
34 $43,480.88 $1,202.21 $0.00 $245.85 $44,928.94
35 $44,928.94 $1,202.21 $0.00 $254.03 $46,385.18
36 $46,385.18 $1,202.21 $0.00 $262.27 $47,849.66
37 $47,849.66 $1,202.21 $0.00 $270.55 $49,322.42
38 $49,322.42 $1,202.21 $0.00 $278.88 $50,803.51
39 $50,803.51 $1,202.21 $0.00 $287.25 $52,292.97
40 $52,292.97 $1,202.21 $0.00 $295.67 $53,790.85
41 $53,790.85 $1,202.21 $0.00 $304.14 $55,297.20
42 $55,297.20 $1,202.21 $0.00 $312.66 $56,812.07
43 $56,812.07 $1,202.21 $0.00 $321.22 $58,335.50
44 $58,335.50 $1,202.21 $0.00 $329.84 $59,867.55
45 $59,867.55 $1,202.21 $0.00 $338.50 $61,408.26
46 $61,408.26 $1,202.21 $0.00 $347.21 $62,957.68
47 $62,957.68 $1,202.21 $0.00 $355.97 $64,515.86
48 $64,515.86 $1,202.21 $0.00 $364.78 $66,082.85
49 $66,082.85 $1,202.21 $0.00 $373.64 $67,658.70
50 $67,658.70 $1,202.21 $0.00 $382.55 $69,243.46
51 $69,243.46 $1,202.21 $0.00 $391.51 $70,837.18
52 $70,837.18 $1,202.21 $0.00 $400.52 $72,439.91
53 $72,439.91 $1,202.21 $0.00 $409.59 $74,051.71
54 $74,051.71 $1,202.21 $0.00 $418.70 $75,672.62
55 $75,672.62 $1,202.21 $0.00 $427.86 $77,302.69
56 $77,302.69 $1,202.21 $0.00 $437.08 $78,941.98
57 $78,941.98 $1,202.21 $0.00 $446.35 $80,590.54
58 $80,590.54 $1,202.21 $0.00 $455.67 $82,248.42
59 $82,248.42 $1,202.21 $0.00 $465.04 $83,915.67
60 $83,915.67 $1,202.21 $0.00 $474.47 $85,592.35
61 $85,592.35 $1,202.21 $0.00 $483.95 $87,278.51
62 $87,278.51 $1,202.21 $0.00 $493.49 $88,974.21
63 $88,974.21 $1,202.21 $0.00 $503.07 $90,679.49
64 $90,679.49 $1,202.21 $0.00 $512.72 $92,394.42
65 $92,394.42 $1,202.21 $0.00 $522.41 $94,119.04
66 $94,119.04 $1,202.21 $0.00 $532.16 $95,853.41
67 $95,853.41 $1,202.21 $0.00 $541.97 $97,597.59
68 $97,597.59 $1,202.21 $0.00 $551.83 $99,351.63
69 $99,351.63 $1,202.21 $0.00 $561.75 $101,115.59
70 $101,115.59 $1,202.21 $0.00 $571.72 $102,889.52
71 $102,889.52 $1,202.21 $0.00 $581.75 $104,673.48
72 $104,673.48 $1,202.21 $0.00 $591.84 $106,467.53
73 $106,467.53 $1,202.21 $0.00 $601.98 $108,271.72
74 $108,271.72 $1,202.21 $0.00 $612.18 $110,086.11
75 $110,086.11 $1,202.21 $0.00 $622.44 $111,910.76
76 $111,910.76 $1,202.21 $0.00 $632.76 $113,745.73
77 $113,745.73 $1,202.21 $0.00 $643.13 $115,591.07
78 $115,591.07 $1,202.21 $0.00 $653.57 $117,446.85
79 $117,446.85 $1,202.21 $0.00 $664.06 $119,313.12
80 $119,313.12 $1,202.21 $0.00 $674.61 $121,189.94
81 $121,189.94 $1,202.21 $0.00 $685.23 $123,077.38
82 $123,077.38 $1,202.21 $0.00 $695.90 $124,975.49
83 $124,975.49 $1,202.21 $0.00 $706.63 $126,884.33
84 $126,884.33 $1,202.21 $0.00 $717.42 $128,803.96
85 $128,803.96 $1,202.21 $0.00 $728.28 $130,734.45
86 $130,734.45 $1,202.21 $0.00 $739.19 $132,675.85
87 $132,675.85 $1,202.21 $0.00 $750.17 $134,628.23
88 $134,628.23 $1,202.21 $0.00 $761.21 $136,591.65
89 $136,591.65 $1,202.21 $0.00 $772.31 $138,566.17
90 $138,566.17 $1,202.21 $0.00 $783.47 $140,551.85
91 $140,551.85 $1,202.21 $0.00 $794.70 $142,548.76
92 $142,548.76 $1,202.21 $0.00 $805.99 $144,556.96
93 $144,556.96 $1,202.21 $0.00 $817.35 $146,576.52
94 $146,576.52 $1,202.21 $0.00 $828.76 $148,607.49
95 $148,607.49 $1,202.21 $0.00 $840.25 $150,649.95
96 $150,649.95 $1,202.21 $0.00 $851.80 $152,703.96
97 $152,703.96 $1,202.21 $0.00 $863.41 $154,769.58
98 $154,769.58 $1,202.21 $0.00 $875.09 $156,846.88
99 $156,846.88 $1,202.21 $0.00 $886.84 $158,935.93
100 $158,935.93 $1,202.21 $0.00 $898.65 $161,036.79
101 $161,036.79 $1,202.21 $0.00 $910.53 $163,149.53
102 $163,149.53 $1,202.21 $0.00 $922.47 $165,274.21
103 $165,274.21 $1,202.21 $0.00 $934.48 $167,410.90
104 $167,410.90 $1,202.21 $0.00 $946.57 $169,559.68
105 $169,559.68 $1,202.21 $0.00 $958.72 $171,720.61
106 $171,720.61 $1,202.21 $0.00 $970.93 $173,893.75
107 $173,893.75 $1,202.21 $0.00 $983.22 $176,079.18
108 $176,079.18 $1,202.21 $0.00 $995.58 $178,276.97
109 $178,276.97 $1,202.21 $0.00 $1,008.00 $180,487.18
110 $180,487.18 $1,202.21 $0.00 $1,020.50 $182,709.89
111 $182,709.89 $1,202.21 $0.00 $1,033.07 $184,945.17
112 $184,945.17 $1,202.21 $0.00 $1,045.71 $187,193.09
113 $187,193.09 $1,202.21 $0.00 $1,058.42 $189,453.72
114 $189,453.72 $1,202.21 $0.00 $1,071.20 $191,727.13
115 $191,727.13 $1,202.21 $0.00 $1,084.05 $194,013.39
116 $194,013.39 $1,202.21 $0.00 $1,096.98 $196,312.58
117 $196,312.58 $1,202.21 $0.00 $1,109.98 $198,624.77
118 $198,624.77 $1,202.21 $0.00 $1,123.05 $200,950.03
119 $200,950.03 $1,202.21 $0.00 $1,136.20 $203,288.44
120 $203,288.44 $1,202.21 $0.00 $1,149.42 $205,640.07
121 $205,640.07 $1,202.21 $0.00 $1,162.72 $208,005.00
122 $208,005.00 $1,202.21 $0.00 $1,176.09 $210,383.30
123 $210,383.30 $1,202.21 $0.00 $1,189.54 $212,775.05
124 $212,775.05 $1,202.21 $0.00 $1,203.06 $215,180.32
125 $215,180.32 $1,202.21 $0.00 $1,216.66 $217,599.19
126 $217,599.19 $1,202.21 $0.00 $1,230.34 $220,031.74
127 $220,031.74 $1,202.21 $0.00 $1,244.09 $222,478.04
128 $222,478.04 $1,202.21 $0.00 $1,257.92 $224,938.17
129 $224,938.17 $1,202.21 $0.00 $1,271.83 $227,412.21
130 $227,412.21 $1,202.21 $0.00 $1,285.82 $229,900.24
131 $229,900.24 $1,202.21 $0.00 $1,299.89 $232,402.34
132 $232,402.34 $1,202.21 $0.00 $1,314.04 $234,918.59
133 $234,918.59 $1,202.21 $0.00 $1,328.26 $237,449.06
134 $237,449.06 $1,202.21 $0.00 $1,342.57 $239,993.84
135 $239,993.84 $1,202.21 $0.00 $1,356.96 $242,553.01
136 $242,553.01 $1,202.21 $0.00 $1,371.43 $245,126.65
137 $245,126.65 $1,202.21 $0.00 $1,385.98 $247,714.84
138 $247,714.84 $1,202.21 $0.00 $1,400.62 $250,317.67
139 $250,317.67 $1,202.21 $0.00 $1,415.33 $252,935.21
140 $252,935.21 $1,202.21 $0.00 $1,430.13 $255,567.55
141 $255,567.55 $1,202.21 $0.00 $1,445.02 $258,214.78
142 $258,214.78 $1,202.21 $0.00 $1,459.98 $260,876.97
143 $260,876.97 $1,202.21 $0.00 $1,475.04 $263,554.22
144 $263,554.22 $1,202.21 $0.00 $1,490.17 $266,246.60
145 $266,246.60 $1,202.21 $0.00 $1,505.40 $268,954.21
146 $268,954.21 $1,202.21 $0.00 $1,520.71 $271,677.13
147 $271,677.13 $1,202.21 $0.00 $1,536.10 $274,415.44
148 $274,415.44 $1,202.21 $0.00 $1,551.58 $277,169.23
149 $277,169.23 $1,202.21 $0.00 $1,567.16 $279,938.60
150 $279,938.60 $1,202.21 $0.00 $1,582.81 $282,723.62
151 $282,723.62 $1,202.21 $0.00 $1,598.56 $285,524.39
152 $285,524.39 $1,202.21 $0.00 $1,614.40 $288,341.00
153 $288,341.00 $1,202.21 $0.00 $1,630.32 $291,173.53
154 $291,173.53 $1,202.21 $0.00 $1,646.34 $294,022.08
155 $294,022.08 $1,202.21 $0.00 $1,662.44 $296,886.73
156 $296,886.73 $1,202.21 $0.00 $1,678.64 $299,767.58
157 $299,767.58 $1,202.21 $0.00 $1,694.93 $302,664.72
158 $302,664.72 $1,202.21 $0.00 $1,711.31 $305,578.24
159 $305,578.24 $1,202.21 $0.00 $1,727.78 $308,508.23
160 $308,508.23 $1,202.21 $0.00 $1,744.35 $311,454.79
161 $311,454.79 $1,202.21 $0.00 $1,761.01 $314,418.01
162 $314,418.01 $1,202.21 $0.00 $1,777.77 $317,397.99
163 $317,397.99 $1,202.21 $0.00 $1,794.61 $320,394.81
164 $320,394.81 $1,202.21 $0.00 $1,811.56 $323,408.58
165 $323,408.58 $1,202.21 $0.00 $1,828.60 $326,439.39
166 $326,439.39 $1,202.21 $0.00 $1,845.74 $329,487.34
167 $329,487.34 $1,202.21 $0.00 $1,862.97 $332,552.52
168 $332,552.52 $1,202.21 $0.00 $1,880.30 $335,635.03
169 $335,635.03 $1,202.21 $0.00 $1,897.73 $338,734.97
170 $338,734.97 $1,202.21 $0.00 $1,915.26 $341,852.44
171 $341,852.44 $1,202.21 $0.00 $1,932.88 $344,987.53
172 $344,987.53 $1,202.21 $0.00 $1,950.61 $348,140.35
173 $348,140.35 $1,202.21 $0.00 $1,968.44 $351,311.00
174 $351,311.00 $1,202.21 $0.00 $1,986.36 $354,499.57
175 $354,499.57 $1,202.21 $0.00 $2,004.39 $357,706.17
176 $357,706.17 $1,202.21 $0.00 $2,022.52 $360,930.90
177 $360,930.90 $1,202.21 $0.00 $2,040.76 $364,173.87
178 $364,173.87 $1,202.21 $0.00 $2,059.09 $367,435.17
179 $367,435.17 $1,202.21 $0.00 $2,077.53 $370,714.91
180 $370,714.91 $1,202.21 $0.00 $2,096.08 $374,013.20
181 $374,013.20 $1,202.21 $0.00 $2,114.73 $377,330.14
182 $377,330.14 $1,202.21 $0.00 $2,133.48 $380,665.83
183 $380,665.83 $1,202.21 $0.00 $2,152.34 $384,020.38
184 $384,020.38 $1,202.21 $0.00 $2,171.31 $387,393.90
185 $387,393.90 $1,202.21 $0.00 $2,190.38 $390,786.49
186 $390,786.49 $1,202.21 $0.00 $2,209.56 $394,198.26
187 $394,198.26 $1,202.21 $0.00 $2,228.85 $397,629.32
188 $397,629.32 $1,202.21 $0.00 $2,248.25 $401,079.78
189 $401,079.78 $1,202.21 $0.00 $2,267.76 $404,549.75
190 $404,549.75 $1,202.21 $0.00 $2,287.38 $408,039.34
191 $408,039.34 $1,202.21 $0.00 $2,307.11 $411,548.66
192 $411,548.66 $1,202.21 $0.00 $2,326.96 $415,077.83
193 $415,077.83 $1,202.21 $0.00 $2,346.91 $418,626.95
194 $418,626.95 $1,202.21 $0.00 $2,366.98 $422,196.14
195 $422,196.14 $1,202.21 $0.00 $2,387.16 $425,785.51
196 $425,785.51 $1,202.21 $0.00 $2,407.45 $429,395.17
197 $429,395.17 $1,202.21 $0.00 $2,427.86 $433,025.24
198 $433,025.24 $1,202.21 $0.00 $2,448.39 $436,675.84
199 $436,675.84 $1,202.21 $0.00 $2,469.03 $440,347.08
200 $440,347.08 $1,202.21 $0.00 $2,489.79 $444,039.08
201 $444,039.08 $1,202.21 $0.00 $2,510.66 $447,751.95
202 $447,751.95 $1,202.21 $0.00 $2,531.65 $451,485.81
203 $451,485.81 $1,202.21 $0.00 $2,552.77 $455,240.79
204 $455,240.79 $1,202.21 $0.00 $2,574.00 $459,017.00
205 $459,017.00 $1,202.21 $0.00 $2,595.35 $462,814.56
206 $462,814.56 $1,202.21 $0.00 $2,616.82 $466,633.59
207 $466,633.59 $1,202.21 $0.00 $2,638.41 $470,474.21
208 $470,474.21 $1,202.21 $0.00 $2,660.13 $474,336.55
209 $474,336.55 $1,202.21 $0.00 $2,681.97 $478,220.73
210 $478,220.73 $1,202.21 $0.00 $2,703.93 $482,126.87
211 $482,126.87 $1,202.21 $0.00 $2,726.02 $486,055.10
212 $486,055.10 $1,202.21 $0.00 $2,748.23 $490,005.54
213 $490,005.54 $1,202.21 $0.00 $2,770.56 $493,978.31
214 $493,978.31 $1,202.21 $0.00 $2,793.03 $497,973.55
215 $497,973.55 $1,202.21 $0.00 $2,815.61 $501,991.37
216 $501,991.37 $1,202.21 $0.00 $2,838.33 $506,031.91
217 $506,031.91 $1,202.21 $140,946.06 $2,861.18 $369,149.24
218 $369,149.24 $1,202.21 $0.00 $2,087.22 $372,438.67
219 $372,438.67 $1,202.21 $0.00 $2,105.82 $375,746.70
220 $375,746.70 $1,202.21 $0.00 $2,124.53 $379,073.44
221 $379,073.44 $1,202.21 $0.00 $2,143.34 $382,418.99
222 $382,418.99 $1,202.21 $0.00 $2,162.25 $385,783.45
223 $385,783.45 $1,202.21 $0.00 $2,181.28 $389,166.94
224 $389,166.94 $1,202.21 $0.00 $2,200.41 $392,569.56
225 $392,569.56 $1,202.21 $0.00 $2,219.65 $395,991.42
226 $395,991.42 $1,202.21 $0.00 $2,238.99 $399,432.62
227 $399,432.62 $1,202.21 $0.00 $2,258.45 $402,893.28
228 $402,893.28 $1,202.21 $0.00 $2,278.02 $406,373.51
229 $406,373.51 $1,202.21 $147,993.37 $2,297.69 $261,880.04
230 $261,880.04 $1,202.21 $0.00 $1,480.71 $264,562.96
231 $264,562.96 $1,202.21 $0.00 $1,495.88 $267,261.05
232 $267,261.05 $1,202.21 $0.00 $1,511.13 $269,974.39
233 $269,974.39 $1,202.21 $0.00 $1,526.47 $272,703.07
234 $272,703.07 $1,202.21 $0.00 $1,541.90 $275,447.18
235 $275,447.18 $1,202.21 $0.00 $1,557.42 $278,206.81
236 $278,206.81 $1,202.21 $0.00 $1,573.02 $280,982.04
237 $280,982.04 $1,202.21 $0.00 $1,588.71 $283,772.96
238 $283,772.96 $1,202.21 $0.00 $1,604.49 $286,579.66
239 $286,579.66 $1,202.21 $0.00 $1,620.36 $289,402.23
240 $289,402.23 $1,202.21 $0.00 $1,636.32 $292,240.76
241 $292,240.76 $1,202.21 $155,393.03 $1,652.37 $139,702.31
242 $139,702.31 $1,202.21 $0.00 $789.90 $141,694.42
243 $141,694.42 $1,202.21 $0.00 $801.16 $143,697.79
244 $143,697.79 $1,202.21 $0.00 $812.49 $145,712.49
245 $145,712.49 $1,202.21 $0.00 $823.88 $147,738.58
246 $147,738.58 $1,202.21 $0.00 $835.34 $149,776.13
247 $149,776.13 $1,202.21 $0.00 $846.86 $151,825.20
248 $151,825.20 $1,202.21 $0.00 $858.44 $153,885.85
249 $153,885.85 $1,202.21 $0.00 $870.09 $155,958.15
250 $155,958.15 $1,202.21 $0.00 $881.81 $158,042.17
251 $158,042.17 $1,202.21 $0.00 $893.59 $160,137.97
252 $160,137.97 $1,202.21 $0.00 $905.44 $162,245.62
253 $162,245.62 $0.00 $163,162.69 $917.36 $0.29