# Savings Plan and Future Cost Estimation for Barry University

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2040 \$125,962 Monthly savings required \$997

How much will it cost to send your child to Barry University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$503,849.83 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$997.09 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 \$48,574.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford Barry University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$997.09 \$0.00 \$0.00 \$997.09
2 \$997.09 \$997.09 \$0.00 \$5.64 \$1,999.82
3 \$1,999.82 \$997.09 \$0.00 \$11.31 \$3,008.22
4 \$3,008.22 \$997.09 \$0.00 \$17.01 \$4,022.32
5 \$4,022.32 \$997.09 \$0.00 \$22.74 \$5,042.15
6 \$5,042.15 \$997.09 \$0.00 \$28.51 \$6,067.75
7 \$6,067.75 \$997.09 \$0.00 \$34.31 \$7,099.15
8 \$7,099.15 \$997.09 \$0.00 \$40.14 \$8,136.38
9 \$8,136.38 \$997.09 \$0.00 \$46.00 \$9,179.47
10 \$9,179.47 \$997.09 \$0.00 \$51.90 \$10,228.46
11 \$10,228.46 \$997.09 \$0.00 \$57.83 \$11,283.38
12 \$11,283.38 \$997.09 \$0.00 \$63.80 \$12,344.27
13 \$12,344.27 \$997.09 \$0.00 \$69.80 \$13,411.16
14 \$13,411.16 \$997.09 \$0.00 \$75.83 \$14,484.08
15 \$14,484.08 \$997.09 \$0.00 \$81.90 \$15,563.07
16 \$15,563.07 \$997.09 \$0.00 \$88.00 \$16,648.16
17 \$16,648.16 \$997.09 \$0.00 \$94.13 \$17,739.38
18 \$17,739.38 \$997.09 \$0.00 \$100.30 \$18,836.77
19 \$18,836.77 \$997.09 \$0.00 \$106.51 \$19,940.37
20 \$19,940.37 \$997.09 \$0.00 \$112.75 \$21,050.21
21 \$21,050.21 \$997.09 \$0.00 \$119.02 \$22,166.32
22 \$22,166.32 \$997.09 \$0.00 \$125.33 \$23,288.74
23 \$23,288.74 \$997.09 \$0.00 \$131.68 \$24,417.51
24 \$24,417.51 \$997.09 \$0.00 \$138.06 \$25,552.66
25 \$25,552.66 \$997.09 \$0.00 \$144.48 \$26,694.23
26 \$26,694.23 \$997.09 \$0.00 \$150.93 \$27,842.25
27 \$27,842.25 \$997.09 \$0.00 \$157.42 \$28,996.76
28 \$28,996.76 \$997.09 \$0.00 \$163.95 \$30,157.80
29 \$30,157.80 \$997.09 \$0.00 \$170.52 \$31,325.41
30 \$31,325.41 \$997.09 \$0.00 \$177.12 \$32,499.62
31 \$32,499.62 \$997.09 \$0.00 \$183.76 \$33,680.47
32 \$33,680.47 \$997.09 \$0.00 \$190.43 \$34,867.99
33 \$34,867.99 \$997.09 \$0.00 \$197.15 \$36,062.23
34 \$36,062.23 \$997.09 \$0.00 \$203.90 \$37,263.22
35 \$37,263.22 \$997.09 \$0.00 \$210.69 \$38,471.00
36 \$38,471.00 \$997.09 \$0.00 \$217.52 \$39,685.61
37 \$39,685.61 \$997.09 \$0.00 \$224.39 \$40,907.09
38 \$40,907.09 \$997.09 \$0.00 \$231.29 \$42,135.47
39 \$42,135.47 \$997.09 \$0.00 \$238.24 \$43,370.80
40 \$43,370.80 \$997.09 \$0.00 \$245.22 \$44,613.11
41 \$44,613.11 \$997.09 \$0.00 \$252.25 \$45,862.45
42 \$45,862.45 \$997.09 \$0.00 \$259.31 \$47,118.85
43 \$47,118.85 \$997.09 \$0.00 \$266.42 \$48,382.36
44 \$48,382.36 \$997.09 \$0.00 \$273.56 \$49,653.01
45 \$49,653.01 \$997.09 \$0.00 \$280.75 \$50,930.85
46 \$50,930.85 \$997.09 \$0.00 \$287.97 \$52,215.91
47 \$52,215.91 \$997.09 \$0.00 \$295.24 \$53,508.24
48 \$53,508.24 \$997.09 \$0.00 \$302.54 \$54,807.87
49 \$54,807.87 \$997.09 \$0.00 \$309.89 \$56,114.85
50 \$56,114.85 \$997.09 \$0.00 \$317.28 \$57,429.22
51 \$57,429.22 \$997.09 \$0.00 \$324.71 \$58,751.02
52 \$58,751.02 \$997.09 \$0.00 \$332.19 \$60,080.30
53 \$60,080.30 \$997.09 \$0.00 \$339.70 \$61,417.09
54 \$61,417.09 \$997.09 \$0.00 \$347.26 \$62,761.44
55 \$62,761.44 \$997.09 \$0.00 \$354.86 \$64,113.39
56 \$64,113.39 \$997.09 \$0.00 \$362.51 \$65,472.99
57 \$65,472.99 \$997.09 \$0.00 \$370.19 \$66,840.27
58 \$66,840.27 \$997.09 \$0.00 \$377.92 \$68,215.28
59 \$68,215.28 \$997.09 \$0.00 \$385.70 \$69,598.07
60 \$69,598.07 \$997.09 \$0.00 \$393.52 \$70,988.68
61 \$70,988.68 \$997.09 \$0.00 \$401.38 \$72,387.15
62 \$72,387.15 \$997.09 \$0.00 \$409.29 \$73,793.53
63 \$73,793.53 \$997.09 \$0.00 \$417.24 \$75,207.86
64 \$75,207.86 \$997.09 \$0.00 \$425.24 \$76,630.19
65 \$76,630.19 \$997.09 \$0.00 \$433.28 \$78,060.56
66 \$78,060.56 \$997.09 \$0.00 \$441.37 \$79,499.02
67 \$79,499.02 \$997.09 \$0.00 \$449.50 \$80,945.61
68 \$80,945.61 \$997.09 \$0.00 \$457.68 \$82,400.38
69 \$82,400.38 \$997.09 \$0.00 \$465.90 \$83,863.37
70 \$83,863.37 \$997.09 \$0.00 \$474.18 \$85,334.64
71 \$85,334.64 \$997.09 \$0.00 \$482.49 \$86,814.22
72 \$86,814.22 \$997.09 \$0.00 \$490.86 \$88,302.17
73 \$88,302.17 \$997.09 \$0.00 \$499.27 \$89,798.53
74 \$89,798.53 \$997.09 \$0.00 \$507.73 \$91,303.35
75 \$91,303.35 \$997.09 \$0.00 \$516.24 \$92,816.68
76 \$92,816.68 \$997.09 \$0.00 \$524.80 \$94,338.57
77 \$94,338.57 \$997.09 \$0.00 \$533.40 \$95,869.06
78 \$95,869.06 \$997.09 \$0.00 \$542.06 \$97,408.21
79 \$97,408.21 \$997.09 \$0.00 \$550.76 \$98,956.06
80 \$98,956.06 \$997.09 \$0.00 \$559.51 \$100,512.66
81 \$100,512.66 \$997.09 \$0.00 \$568.31 \$102,078.06
82 \$102,078.06 \$997.09 \$0.00 \$577.16 \$103,652.31
83 \$103,652.31 \$997.09 \$0.00 \$586.07 \$105,235.47
84 \$105,235.47 \$997.09 \$0.00 \$595.02 \$106,827.58
85 \$106,827.58 \$997.09 \$0.00 \$604.02 \$108,428.69
86 \$108,428.69 \$997.09 \$0.00 \$613.07 \$110,038.85
87 \$110,038.85 \$997.09 \$0.00 \$622.18 \$111,658.12
88 \$111,658.12 \$997.09 \$0.00 \$631.33 \$113,286.54
89 \$113,286.54 \$997.09 \$0.00 \$640.54 \$114,924.17
90 \$114,924.17 \$997.09 \$0.00 \$649.80 \$116,571.06
91 \$116,571.06 \$997.09 \$0.00 \$659.11 \$118,227.26
92 \$118,227.26 \$997.09 \$0.00 \$668.47 \$119,892.82
93 \$119,892.82 \$997.09 \$0.00 \$677.89 \$121,567.80
94 \$121,567.80 \$997.09 \$0.00 \$687.36 \$123,252.25
95 \$123,252.25 \$997.09 \$0.00 \$696.89 \$124,946.23
96 \$124,946.23 \$997.09 \$0.00 \$706.46 \$126,649.78
97 \$126,649.78 \$997.09 \$0.00 \$716.10 \$128,362.97
98 \$128,362.97 \$997.09 \$0.00 \$725.78 \$130,085.84
99 \$130,085.84 \$997.09 \$0.00 \$735.52 \$131,818.45
100 \$131,818.45 \$997.09 \$0.00 \$745.32 \$133,560.86
101 \$133,560.86 \$997.09 \$0.00 \$755.17 \$135,313.12
102 \$135,313.12 \$997.09 \$0.00 \$765.08 \$137,075.29
103 \$137,075.29 \$997.09 \$0.00 \$775.04 \$138,847.42
104 \$138,847.42 \$997.09 \$0.00 \$785.06 \$140,629.57
105 \$140,629.57 \$997.09 \$0.00 \$795.14 \$142,421.80
106 \$142,421.80 \$997.09 \$0.00 \$805.27 \$144,224.16
107 \$144,224.16 \$997.09 \$0.00 \$815.46 \$146,036.71
108 \$146,036.71 \$997.09 \$0.00 \$825.71 \$147,859.51
109 \$147,859.51 \$997.09 \$0.00 \$836.02 \$149,692.62
110 \$149,692.62 \$997.09 \$0.00 \$846.38 \$151,536.09
111 \$151,536.09 \$997.09 \$0.00 \$856.81 \$153,389.99
112 \$153,389.99 \$997.09 \$0.00 \$867.29 \$155,254.37
113 \$155,254.37 \$997.09 \$0.00 \$877.83 \$157,129.29
114 \$157,129.29 \$997.09 \$0.00 \$888.43 \$159,014.81
115 \$159,014.81 \$997.09 \$0.00 \$899.09 \$160,910.99
116 \$160,910.99 \$997.09 \$0.00 \$909.81 \$162,817.89
117 \$162,817.89 \$997.09 \$0.00 \$920.60 \$164,735.58
118 \$164,735.58 \$997.09 \$0.00 \$931.44 \$166,664.11
119 \$166,664.11 \$997.09 \$0.00 \$942.34 \$168,603.54
120 \$168,603.54 \$997.09 \$0.00 \$953.31 \$170,553.94
121 \$170,553.94 \$997.09 \$0.00 \$964.34 \$172,515.37
122 \$172,515.37 \$997.09 \$0.00 \$975.43 \$174,487.89
123 \$174,487.89 \$997.09 \$0.00 \$986.58 \$176,471.56
124 \$176,471.56 \$997.09 \$0.00 \$997.80 \$178,466.45
125 \$178,466.45 \$997.09 \$0.00 \$1,009.08 \$180,472.62
126 \$180,472.62 \$997.09 \$0.00 \$1,020.42 \$182,490.13
127 \$182,490.13 \$997.09 \$0.00 \$1,031.83 \$184,519.05
128 \$184,519.05 \$997.09 \$0.00 \$1,043.30 \$186,559.44
129 \$186,559.44 \$997.09 \$0.00 \$1,054.83 \$188,611.36
130 \$188,611.36 \$997.09 \$0.00 \$1,066.44 \$190,674.89
131 \$190,674.89 \$997.09 \$0.00 \$1,078.10 \$192,750.08
132 \$192,750.08 \$997.09 \$0.00 \$1,089.84 \$194,837.01
133 \$194,837.01 \$997.09 \$0.00 \$1,101.64 \$196,935.74
134 \$196,935.74 \$997.09 \$0.00 \$1,113.50 \$199,046.33
135 \$199,046.33 \$997.09 \$0.00 \$1,125.44 \$201,168.86
136 \$201,168.86 \$997.09 \$0.00 \$1,137.44 \$203,303.39
137 \$203,303.39 \$997.09 \$0.00 \$1,149.51 \$205,449.99
138 \$205,449.99 \$997.09 \$0.00 \$1,161.64 \$207,608.72
139 \$207,608.72 \$997.09 \$0.00 \$1,173.85 \$209,779.66
140 \$209,779.66 \$997.09 \$0.00 \$1,186.12 \$211,962.87
141 \$211,962.87 \$997.09 \$0.00 \$1,198.47 \$214,158.43
142 \$214,158.43 \$997.09 \$0.00 \$1,210.88 \$216,366.40
143 \$216,366.40 \$997.09 \$0.00 \$1,223.37 \$218,586.86
144 \$218,586.86 \$997.09 \$0.00 \$1,235.92 \$220,819.87
145 \$220,819.87 \$997.09 \$0.00 \$1,248.55 \$223,065.51
146 \$223,065.51 \$997.09 \$0.00 \$1,261.24 \$225,323.84
147 \$225,323.84 \$997.09 \$0.00 \$1,274.01 \$227,594.94
148 \$227,594.94 \$997.09 \$0.00 \$1,286.85 \$229,878.88
149 \$229,878.88 \$997.09 \$0.00 \$1,299.77 \$232,175.74
150 \$232,175.74 \$997.09 \$0.00 \$1,312.76 \$234,485.59
151 \$234,485.59 \$997.09 \$0.00 \$1,325.82 \$236,808.50
152 \$236,808.50 \$997.09 \$0.00 \$1,338.95 \$239,144.54
153 \$239,144.54 \$997.09 \$0.00 \$1,352.16 \$241,493.79
154 \$241,493.79 \$997.09 \$0.00 \$1,365.44 \$243,856.32
155 \$243,856.32 \$997.09 \$0.00 \$1,378.80 \$246,232.21
156 \$246,232.21 \$997.09 \$0.00 \$1,392.23 \$248,621.53
157 \$248,621.53 \$997.09 \$0.00 \$1,405.74 \$251,024.36
158 \$251,024.36 \$997.09 \$0.00 \$1,419.33 \$253,440.78
159 \$253,440.78 \$997.09 \$0.00 \$1,432.99 \$255,870.86
160 \$255,870.86 \$997.09 \$0.00 \$1,446.73 \$258,314.68
161 \$258,314.68 \$997.09 \$0.00 \$1,460.55 \$260,772.32
162 \$260,772.32 \$997.09 \$0.00 \$1,474.44 \$263,243.85
163 \$263,243.85 \$997.09 \$0.00 \$1,488.42 \$265,729.36
164 \$265,729.36 \$997.09 \$0.00 \$1,502.47 \$268,228.92
165 \$268,228.92 \$997.09 \$0.00 \$1,516.61 \$270,742.62
166 \$270,742.62 \$997.09 \$0.00 \$1,530.82 \$273,270.53
167 \$273,270.53 \$997.09 \$0.00 \$1,545.11 \$275,812.73
168 \$275,812.73 \$997.09 \$0.00 \$1,559.49 \$278,369.31
169 \$278,369.31 \$997.09 \$0.00 \$1,573.94 \$280,940.34
170 \$280,940.34 \$997.09 \$0.00 \$1,588.48 \$283,525.91
171 \$283,525.91 \$997.09 \$0.00 \$1,603.10 \$286,126.10
172 \$286,126.10 \$997.09 \$0.00 \$1,617.80 \$288,740.99
173 \$288,740.99 \$997.09 \$0.00 \$1,632.58 \$291,370.66
174 \$291,370.66 \$997.09 \$0.00 \$1,647.45 \$294,015.20
175 \$294,015.20 \$997.09 \$0.00 \$1,662.40 \$296,674.69
176 \$296,674.69 \$997.09 \$0.00 \$1,677.44 \$299,349.22
177 \$299,349.22 \$997.09 \$0.00 \$1,692.56 \$302,038.87
178 \$302,038.87 \$997.09 \$0.00 \$1,707.77 \$304,743.73
179 \$304,743.73 \$997.09 \$0.00 \$1,723.07 \$307,463.89
180 \$307,463.89 \$997.09 \$0.00 \$1,738.45 \$310,199.43
181 \$310,199.43 \$997.09 \$0.00 \$1,753.91 \$312,950.43
182 \$312,950.43 \$997.09 \$0.00 \$1,769.47 \$315,716.99
183 \$315,716.99 \$997.09 \$0.00 \$1,785.11 \$318,499.19
184 \$318,499.19 \$997.09 \$0.00 \$1,800.84 \$321,297.12
185 \$321,297.12 \$997.09 \$0.00 \$1,816.66 \$324,110.87
186 \$324,110.87 \$997.09 \$0.00 \$1,832.57 \$326,940.53
187 \$326,940.53 \$997.09 \$0.00 \$1,848.57 \$329,786.19
188 \$329,786.19 \$997.09 \$0.00 \$1,864.66 \$332,647.94
189 \$332,647.94 \$997.09 \$0.00 \$1,880.84 \$335,525.87
190 \$335,525.87 \$997.09 \$0.00 \$1,897.11 \$338,420.07
191 \$338,420.07 \$997.09 \$0.00 \$1,913.48 \$341,330.64
192 \$341,330.64 \$997.09 \$0.00 \$1,929.93 \$344,257.66
193 \$344,257.66 \$997.09 \$0.00 \$1,946.48 \$347,201.23
194 \$347,201.23 \$997.09 \$0.00 \$1,963.13 \$350,161.45
195 \$350,161.45 \$997.09 \$0.00 \$1,979.86 \$353,138.40
196 \$353,138.40 \$997.09 \$0.00 \$1,996.70 \$356,132.19
197 \$356,132.19 \$997.09 \$0.00 \$2,013.62 \$359,142.90
198 \$359,142.90 \$997.09 \$0.00 \$2,030.65 \$362,170.64
199 \$362,170.64 \$997.09 \$0.00 \$2,047.77 \$365,215.50
200 \$365,215.50 \$997.09 \$0.00 \$2,064.98 \$368,277.57
201 \$368,277.57 \$997.09 \$0.00 \$2,082.29 \$371,356.95
202 \$371,356.95 \$997.09 \$0.00 \$2,099.71 \$374,453.75
203 \$374,453.75 \$997.09 \$0.00 \$2,117.22 \$377,568.06
204 \$377,568.06 \$997.09 \$0.00 \$2,134.82 \$380,699.97
205 \$380,699.97 \$997.09 \$0.00 \$2,152.53 \$383,849.59
206 \$383,849.59 \$997.09 \$0.00 \$2,170.34 \$387,017.02
207 \$387,017.02 \$997.09 \$0.00 \$2,188.25 \$390,202.36
208 \$390,202.36 \$997.09 \$0.00 \$2,206.26 \$393,405.71
209 \$393,405.71 \$997.09 \$0.00 \$2,224.37 \$396,627.17
210 \$396,627.17 \$997.09 \$0.00 \$2,242.59 \$399,866.85
211 \$399,866.85 \$997.09 \$0.00 \$2,260.91 \$403,124.85
212 \$403,124.85 \$997.09 \$0.00 \$2,279.33 \$406,401.27
213 \$406,401.27 \$997.09 \$0.00 \$2,297.85 \$409,696.21
214 \$409,696.21 \$997.09 \$0.00 \$2,316.48 \$413,009.78
215 \$413,009.78 \$997.09 \$0.00 \$2,335.22 \$416,342.09
216 \$416,342.09 \$997.09 \$0.00 \$2,354.06 \$419,693.24
217 \$419,693.24 \$997.09 \$116,899.12 \$2,373.01 \$306,164.22
218 \$306,164.22 \$997.09 \$0.00 \$1,731.10 \$308,892.41
219 \$308,892.41 \$997.09 \$0.00 \$1,746.52 \$311,636.02
220 \$311,636.02 \$997.09 \$0.00 \$1,762.04 \$314,395.15
221 \$314,395.15 \$997.09 \$0.00 \$1,777.64 \$317,169.88
222 \$317,169.88 \$997.09 \$0.00 \$1,793.32 \$319,960.29
223 \$319,960.29 \$997.09 \$0.00 \$1,809.10 \$322,766.48
224 \$322,766.48 \$997.09 \$0.00 \$1,824.97 \$325,588.54
225 \$325,588.54 \$997.09 \$0.00 \$1,840.92 \$328,426.55
226 \$328,426.55 \$997.09 \$0.00 \$1,856.97 \$331,280.61
227 \$331,280.61 \$997.09 \$0.00 \$1,873.11 \$334,150.81
228 \$334,150.81 \$997.09 \$0.00 \$1,889.34 \$337,037.24
229 \$337,037.24 \$997.09 \$122,744.08 \$1,905.66 \$217,195.91
230 \$217,195.91 \$997.09 \$0.00 \$1,228.06 \$219,421.06
231 \$219,421.06 \$997.09 \$0.00 \$1,240.64 \$221,658.79
232 \$221,658.79 \$997.09 \$0.00 \$1,253.29 \$223,909.17
233 \$223,909.17 \$997.09 \$0.00 \$1,266.02 \$226,172.28
234 \$226,172.28 \$997.09 \$0.00 \$1,278.81 \$228,448.18
235 \$228,448.18 \$997.09 \$0.00 \$1,291.68 \$230,736.95
236 \$230,736.95 \$997.09 \$0.00 \$1,304.62 \$233,038.66
237 \$233,038.66 \$997.09 \$0.00 \$1,317.63 \$235,353.38
238 \$235,353.38 \$997.09 \$0.00 \$1,330.72 \$237,681.19
239 \$237,681.19 \$997.09 \$0.00 \$1,343.88 \$240,022.16
240 \$240,022.16 \$997.09 \$0.00 \$1,357.12 \$242,376.37
241 \$242,376.37 \$997.09 \$128,881.28 \$1,370.43 \$115,862.61
242 \$115,862.61 \$997.09 \$0.00 \$655.10 \$117,514.80
243 \$117,514.80 \$997.09 \$0.00 \$664.45 \$119,176.34
244 \$119,176.34 \$997.09 \$0.00 \$673.84 \$120,847.27
245 \$120,847.27 \$997.09 \$0.00 \$683.29 \$122,527.65
246 \$122,527.65 \$997.09 \$0.00 \$692.79 \$124,217.53
247 \$124,217.53 \$997.09 \$0.00 \$702.34 \$125,916.96
248 \$125,916.96 \$997.09 \$0.00 \$711.95 \$127,626.00
249 \$127,626.00 \$997.09 \$0.00 \$721.62 \$129,344.71
250 \$129,344.71 \$997.09 \$0.00 \$731.33 \$131,073.13
251 \$131,073.13 \$997.09 \$0.00 \$741.11 \$132,811.33
252 \$132,811.33 \$997.09 \$0.00 \$750.93 \$134,559.35
253 \$134,559.35 \$0.00 \$135,325.35 \$760.82 (\$5.18)