Savings Plan and Future Cost Estimation for Eastern Florida State College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$46,242
Monthly savings required$206

How much will it cost to send your child to Eastern Florida State College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $92,484.69 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $205.52 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$18,746.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $205.52 $0.00 $0.00 $205.52
2 $205.52 $205.52 $0.00 $1.16 $412.20
3 $412.20 $205.52 $0.00 $2.33 $620.05
4 $620.05 $205.52 $0.00 $3.51 $829.08
5 $829.08 $205.52 $0.00 $4.69 $1,039.29
6 $1,039.29 $205.52 $0.00 $5.88 $1,250.69
7 $1,250.69 $205.52 $0.00 $7.07 $1,463.28
8 $1,463.28 $205.52 $0.00 $8.27 $1,677.07
9 $1,677.07 $205.52 $0.00 $9.48 $1,892.07
10 $1,892.07 $205.52 $0.00 $10.70 $2,108.29
11 $2,108.29 $205.52 $0.00 $11.92 $2,325.73
12 $2,325.73 $205.52 $0.00 $13.15 $2,544.40
13 $2,544.40 $205.52 $0.00 $14.39 $2,764.31
14 $2,764.31 $205.52 $0.00 $15.63 $2,985.46
15 $2,985.46 $205.52 $0.00 $16.88 $3,207.86
16 $3,207.86 $205.52 $0.00 $18.14 $3,431.52
17 $3,431.52 $205.52 $0.00 $19.40 $3,656.44
18 $3,656.44 $205.52 $0.00 $20.67 $3,882.63
19 $3,882.63 $205.52 $0.00 $21.95 $4,110.10
20 $4,110.10 $205.52 $0.00 $23.24 $4,338.86
21 $4,338.86 $205.52 $0.00 $24.53 $4,568.91
22 $4,568.91 $205.52 $0.00 $25.83 $4,800.26
23 $4,800.26 $205.52 $0.00 $27.14 $5,032.92
24 $5,032.92 $205.52 $0.00 $28.46 $5,266.90
25 $5,266.90 $205.52 $0.00 $29.78 $5,502.20
26 $5,502.20 $205.52 $0.00 $31.11 $5,738.83
27 $5,738.83 $205.52 $0.00 $32.45 $5,976.80
28 $5,976.80 $205.52 $0.00 $33.79 $6,216.11
29 $6,216.11 $205.52 $0.00 $35.15 $6,456.78
30 $6,456.78 $205.52 $0.00 $36.51 $6,698.81
31 $6,698.81 $205.52 $0.00 $37.88 $6,942.21
32 $6,942.21 $205.52 $0.00 $39.25 $7,186.98
33 $7,186.98 $205.52 $0.00 $40.64 $7,433.14
34 $7,433.14 $205.52 $0.00 $42.03 $7,680.69
35 $7,680.69 $205.52 $0.00 $43.43 $7,929.64
36 $7,929.64 $205.52 $0.00 $44.84 $8,180.00
37 $8,180.00 $205.52 $0.00 $46.25 $8,431.77
38 $8,431.77 $205.52 $0.00 $47.67 $8,684.96
39 $8,684.96 $205.52 $0.00 $49.11 $8,939.59
40 $8,939.59 $205.52 $0.00 $50.55 $9,195.66
41 $9,195.66 $205.52 $0.00 $51.99 $9,453.17
42 $9,453.17 $205.52 $0.00 $53.45 $9,712.14
43 $9,712.14 $205.52 $0.00 $54.91 $9,972.57
44 $9,972.57 $205.52 $0.00 $56.39 $10,234.48
45 $10,234.48 $205.52 $0.00 $57.87 $10,497.87
46 $10,497.87 $205.52 $0.00 $59.36 $10,762.75
47 $10,762.75 $205.52 $0.00 $60.85 $11,029.12
48 $11,029.12 $205.52 $0.00 $62.36 $11,297.00
49 $11,297.00 $205.52 $0.00 $63.87 $11,566.39
50 $11,566.39 $205.52 $0.00 $65.40 $11,837.31
51 $11,837.31 $205.52 $0.00 $66.93 $12,109.76
52 $12,109.76 $205.52 $0.00 $68.47 $12,383.75
53 $12,383.75 $205.52 $0.00 $70.02 $12,659.29
54 $12,659.29 $205.52 $0.00 $71.58 $12,936.39
55 $12,936.39 $205.52 $0.00 $73.14 $13,215.05
56 $13,215.05 $205.52 $0.00 $74.72 $13,495.29
57 $13,495.29 $205.52 $0.00 $76.30 $13,777.11
58 $13,777.11 $205.52 $0.00 $77.90 $14,060.53
59 $14,060.53 $205.52 $0.00 $79.50 $14,345.55
60 $14,345.55 $205.52 $0.00 $81.11 $14,632.18
61 $14,632.18 $205.52 $0.00 $82.73 $14,920.43
62 $14,920.43 $205.52 $0.00 $84.36 $15,210.31
63 $15,210.31 $205.52 $0.00 $86.00 $15,501.83
64 $15,501.83 $205.52 $0.00 $87.65 $15,795.00
65 $15,795.00 $205.52 $0.00 $89.31 $16,089.83
66 $16,089.83 $205.52 $0.00 $90.97 $16,386.32
67 $16,386.32 $205.52 $0.00 $92.65 $16,684.49
68 $16,684.49 $205.52 $0.00 $94.34 $16,984.35
69 $16,984.35 $205.52 $0.00 $96.03 $17,285.90
70 $17,285.90 $205.52 $0.00 $97.74 $17,589.16
71 $17,589.16 $205.52 $0.00 $99.45 $17,894.13
72 $17,894.13 $205.52 $0.00 $101.18 $18,200.83
73 $18,200.83 $205.52 $0.00 $102.91 $18,509.26
74 $18,509.26 $205.52 $0.00 $104.65 $18,819.43
75 $18,819.43 $205.52 $0.00 $106.41 $19,131.36
76 $19,131.36 $205.52 $0.00 $108.17 $19,445.05
77 $19,445.05 $205.52 $0.00 $109.95 $19,760.52
78 $19,760.52 $205.52 $0.00 $111.73 $20,077.77
79 $20,077.77 $205.52 $0.00 $113.52 $20,396.81
80 $20,396.81 $205.52 $0.00 $115.33 $20,717.66
81 $20,717.66 $205.52 $0.00 $117.14 $21,040.32
82 $21,040.32 $205.52 $0.00 $118.97 $21,364.81
83 $21,364.81 $205.52 $0.00 $120.80 $21,691.13
84 $21,691.13 $205.52 $0.00 $122.64 $22,019.29
85 $22,019.29 $205.52 $0.00 $124.50 $22,349.31
86 $22,349.31 $205.52 $0.00 $126.37 $22,681.20
87 $22,681.20 $205.52 $0.00 $128.24 $23,014.96
88 $23,014.96 $205.52 $0.00 $130.13 $23,350.61
89 $23,350.61 $205.52 $0.00 $132.03 $23,688.16
90 $23,688.16 $205.52 $0.00 $133.94 $24,027.62
91 $24,027.62 $205.52 $0.00 $135.86 $24,369.00
92 $24,369.00 $205.52 $0.00 $137.79 $24,712.31
93 $24,712.31 $205.52 $0.00 $139.73 $25,057.56
94 $25,057.56 $205.52 $0.00 $141.68 $25,404.76
95 $25,404.76 $205.52 $0.00 $143.64 $25,753.92
96 $25,753.92 $205.52 $0.00 $145.62 $26,105.06
97 $26,105.06 $205.52 $0.00 $147.60 $26,458.18
98 $26,458.18 $205.52 $0.00 $149.60 $26,813.30
99 $26,813.30 $205.52 $0.00 $151.61 $27,170.43
100 $27,170.43 $205.52 $0.00 $153.63 $27,529.58
101 $27,529.58 $205.52 $0.00 $155.66 $27,890.76
102 $27,890.76 $205.52 $0.00 $157.70 $28,253.98
103 $28,253.98 $205.52 $0.00 $159.75 $28,619.25
104 $28,619.25 $205.52 $0.00 $161.82 $28,986.59
105 $28,986.59 $205.52 $0.00 $163.89 $29,356.00
106 $29,356.00 $205.52 $0.00 $165.98 $29,727.50
107 $29,727.50 $205.52 $0.00 $168.08 $30,101.10
108 $30,101.10 $205.52 $0.00 $170.20 $30,476.82
109 $30,476.82 $205.52 $0.00 $172.32 $30,854.66
110 $30,854.66 $205.52 $0.00 $174.46 $31,234.64
111 $31,234.64 $205.52 $0.00 $176.61 $31,616.77
112 $31,616.77 $205.52 $0.00 $178.77 $32,001.06
113 $32,001.06 $205.52 $0.00 $180.94 $32,387.52
114 $32,387.52 $205.52 $0.00 $183.12 $32,776.16
115 $32,776.16 $205.52 $0.00 $185.32 $33,167.00
116 $33,167.00 $205.52 $0.00 $187.53 $33,560.05
117 $33,560.05 $205.52 $0.00 $189.75 $33,955.32
118 $33,955.32 $205.52 $0.00 $191.99 $34,352.83
119 $34,352.83 $205.52 $0.00 $194.24 $34,752.59
120 $34,752.59 $205.52 $0.00 $196.50 $35,154.61
121 $35,154.61 $205.52 $0.00 $198.77 $35,558.90
122 $35,558.90 $205.52 $0.00 $201.06 $35,965.48
123 $35,965.48 $205.52 $0.00 $203.35 $36,374.35
124 $36,374.35 $205.52 $0.00 $205.67 $36,785.54
125 $36,785.54 $205.52 $0.00 $207.99 $37,199.05
126 $37,199.05 $205.52 $0.00 $210.33 $37,614.90
127 $37,614.90 $205.52 $0.00 $212.68 $38,033.10
128 $38,033.10 $205.52 $0.00 $215.04 $38,453.66
129 $38,453.66 $205.52 $0.00 $217.42 $38,876.60
130 $38,876.60 $205.52 $0.00 $219.81 $39,301.93
131 $39,301.93 $205.52 $0.00 $222.22 $39,729.67
132 $39,729.67 $205.52 $0.00 $224.64 $40,159.83
133 $40,159.83 $205.52 $0.00 $227.07 $40,592.42
134 $40,592.42 $205.52 $0.00 $229.52 $41,027.46
135 $41,027.46 $205.52 $0.00 $231.98 $41,464.96
136 $41,464.96 $205.52 $0.00 $234.45 $41,904.93
137 $41,904.93 $205.52 $0.00 $236.94 $42,347.39
138 $42,347.39 $205.52 $0.00 $239.44 $42,792.35
139 $42,792.35 $205.52 $0.00 $241.95 $43,239.82
140 $43,239.82 $205.52 $0.00 $244.48 $43,689.82
141 $43,689.82 $205.52 $0.00 $247.03 $44,142.37
142 $44,142.37 $205.52 $0.00 $249.59 $44,597.48
143 $44,597.48 $205.52 $0.00 $252.16 $45,055.16
144 $45,055.16 $205.52 $0.00 $254.75 $45,515.43
145 $45,515.43 $205.52 $0.00 $257.35 $45,978.30
146 $45,978.30 $205.52 $0.00 $259.97 $46,443.79
147 $46,443.79 $205.52 $0.00 $262.60 $46,911.91
148 $46,911.91 $205.52 $0.00 $265.25 $47,382.68
149 $47,382.68 $205.52 $0.00 $267.91 $47,856.11
150 $47,856.11 $205.52 $0.00 $270.59 $48,332.22
151 $48,332.22 $205.52 $0.00 $273.28 $48,811.02
152 $48,811.02 $205.52 $0.00 $275.98 $49,292.52
153 $49,292.52 $205.52 $0.00 $278.71 $49,776.75
154 $49,776.75 $205.52 $0.00 $281.44 $50,263.71
155 $50,263.71 $205.52 $0.00 $284.20 $50,753.43
156 $50,753.43 $205.52 $0.00 $286.97 $51,245.92
157 $51,245.92 $205.52 $0.00 $289.75 $51,741.19
158 $51,741.19 $205.52 $0.00 $292.55 $52,239.26
159 $52,239.26 $205.52 $0.00 $295.37 $52,740.15
160 $52,740.15 $205.52 $0.00 $298.20 $53,243.87
161 $53,243.87 $205.52 $0.00 $301.05 $53,750.44
162 $53,750.44 $205.52 $0.00 $303.91 $54,259.87
163 $54,259.87 $205.52 $0.00 $306.79 $54,772.18
164 $54,772.18 $205.52 $0.00 $309.69 $55,287.39
165 $55,287.39 $205.52 $0.00 $312.60 $55,805.51
166 $55,805.51 $205.52 $0.00 $315.53 $56,326.56
167 $56,326.56 $205.52 $0.00 $318.48 $56,850.56
168 $56,850.56 $205.52 $0.00 $321.44 $57,377.52
169 $57,377.52 $205.52 $0.00 $324.42 $57,907.46
170 $57,907.46 $205.52 $0.00 $327.42 $58,440.40
171 $58,440.40 $205.52 $0.00 $330.43 $58,976.35
172 $58,976.35 $205.52 $0.00 $333.46 $59,515.33
173 $59,515.33 $205.52 $0.00 $336.51 $60,057.36
174 $60,057.36 $205.52 $0.00 $339.57 $60,602.45
175 $60,602.45 $205.52 $0.00 $342.66 $61,150.63
176 $61,150.63 $205.52 $0.00 $345.75 $61,701.90
177 $61,701.90 $205.52 $0.00 $348.87 $62,256.29
178 $62,256.29 $205.52 $0.00 $352.01 $62,813.82
179 $62,813.82 $205.52 $0.00 $355.16 $63,374.50
180 $63,374.50 $205.52 $0.00 $358.33 $63,938.35
181 $63,938.35 $205.52 $0.00 $361.52 $64,505.39
182 $64,505.39 $205.52 $0.00 $364.72 $65,075.63
183 $65,075.63 $205.52 $0.00 $367.95 $65,649.10
184 $65,649.10 $205.52 $0.00 $371.19 $66,225.81
185 $66,225.81 $205.52 $0.00 $374.45 $66,805.78
186 $66,805.78 $205.52 $0.00 $377.73 $67,389.03
187 $67,389.03 $205.52 $0.00 $381.03 $67,975.58
188 $67,975.58 $205.52 $0.00 $384.34 $68,565.44
189 $68,565.44 $205.52 $0.00 $387.68 $69,158.64
190 $69,158.64 $205.52 $0.00 $391.03 $69,755.19
191 $69,755.19 $205.52 $0.00 $394.41 $70,355.12
192 $70,355.12 $205.52 $0.00 $397.80 $70,958.44
193 $70,958.44 $205.52 $0.00 $401.21 $71,565.17
194 $71,565.17 $205.52 $0.00 $404.64 $72,175.33
195 $72,175.33 $205.52 $0.00 $408.09 $72,788.94
196 $72,788.94 $205.52 $0.00 $411.56 $73,406.02
197 $73,406.02 $205.52 $0.00 $415.05 $74,026.59
198 $74,026.59 $205.52 $0.00 $418.56 $74,650.67
199 $74,650.67 $205.52 $0.00 $422.09 $75,278.28
200 $75,278.28 $205.52 $0.00 $425.63 $75,909.43
201 $75,909.43 $205.52 $0.00 $429.20 $76,544.15
202 $76,544.15 $205.52 $0.00 $432.79 $77,182.46
203 $77,182.46 $205.52 $0.00 $436.40 $77,824.38
204 $77,824.38 $205.52 $0.00 $440.03 $78,469.93
205 $78,469.93 $205.52 $0.00 $443.68 $79,119.13
206 $79,119.13 $205.52 $0.00 $447.35 $79,772.00
207 $79,772.00 $205.52 $0.00 $451.04 $80,428.56
208 $80,428.56 $205.52 $0.00 $454.75 $81,088.83
209 $81,088.83 $205.52 $0.00 $458.49 $81,752.84
210 $81,752.84 $205.52 $0.00 $462.24 $82,420.60
211 $82,420.60 $205.52 $0.00 $466.02 $83,092.14
212 $83,092.14 $205.52 $0.00 $469.82 $83,767.48
213 $83,767.48 $205.52 $0.00 $473.63 $84,446.63
214 $84,446.63 $205.52 $0.00 $477.47 $85,129.62
215 $85,129.62 $205.52 $0.00 $481.34 $85,816.48
216 $85,816.48 $205.52 $0.00 $485.22 $86,507.22
217 $86,507.22 $205.52 $45,114.48 $489.12 $42,087.38
218 $42,087.38 $205.52 $0.00 $237.97 $42,530.87
219 $42,530.87 $205.52 $0.00 $240.48 $42,976.87
220 $42,976.87 $205.52 $0.00 $243.00 $43,425.39
221 $43,425.39 $205.52 $0.00 $245.53 $43,876.44
222 $43,876.44 $205.52 $0.00 $248.08 $44,330.04
223 $44,330.04 $205.52 $0.00 $250.65 $44,786.21
224 $44,786.21 $205.52 $0.00 $253.23 $45,244.96
225 $45,244.96 $205.52 $0.00 $255.82 $45,706.30
226 $45,706.30 $205.52 $0.00 $258.43 $46,170.25
227 $46,170.25 $205.52 $0.00 $261.05 $46,636.82
228 $46,636.82 $205.52 $0.00 $263.69 $47,106.03
229 $47,106.03 $0.00 $47,370.21 $266.34 $2.16