# Savings Plan and Future Cost Estimation for Florida Hospital College of Health Sciences

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2040 \$100,412 Monthly savings required \$795

How much will it cost to send your child to Florida Hospital College of Health Sciences in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$401,646.34 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$794.84 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 \$38,721.00 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 Florida Hospital College of Health Sciences in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$794.84 \$0.00 \$0.00 \$794.84
2 \$794.84 \$794.84 \$0.00 \$4.49 \$1,594.17
3 \$1,594.17 \$794.84 \$0.00 \$9.01 \$2,398.02
4 \$2,398.02 \$794.84 \$0.00 \$13.56 \$3,206.42
5 \$3,206.42 \$794.84 \$0.00 \$18.13 \$4,019.39
6 \$4,019.39 \$794.84 \$0.00 \$22.73 \$4,836.96
7 \$4,836.96 \$794.84 \$0.00 \$27.35 \$5,659.15
8 \$5,659.15 \$794.84 \$0.00 \$32.00 \$6,485.99
9 \$6,485.99 \$794.84 \$0.00 \$36.67 \$7,317.50
10 \$7,317.50 \$794.84 \$0.00 \$41.37 \$8,153.71
11 \$8,153.71 \$794.84 \$0.00 \$46.10 \$8,994.65
12 \$8,994.65 \$794.84 \$0.00 \$50.86 \$9,840.35
13 \$9,840.35 \$794.84 \$0.00 \$55.64 \$10,690.83
14 \$10,690.83 \$794.84 \$0.00 \$60.45 \$11,546.12
15 \$11,546.12 \$794.84 \$0.00 \$65.28 \$12,406.24
16 \$12,406.24 \$794.84 \$0.00 \$70.15 \$13,271.23
17 \$13,271.23 \$794.84 \$0.00 \$75.04 \$14,141.11
18 \$14,141.11 \$794.84 \$0.00 \$79.96 \$15,015.91
19 \$15,015.91 \$794.84 \$0.00 \$84.90 \$15,895.65
20 \$15,895.65 \$794.84 \$0.00 \$89.88 \$16,780.37
21 \$16,780.37 \$794.84 \$0.00 \$94.88 \$17,670.09
22 \$17,670.09 \$794.84 \$0.00 \$99.91 \$18,564.84
23 \$18,564.84 \$794.84 \$0.00 \$104.97 \$19,464.65
24 \$19,464.65 \$794.84 \$0.00 \$110.06 \$20,369.55
25 \$20,369.55 \$794.84 \$0.00 \$115.17 \$21,279.56
26 \$21,279.56 \$794.84 \$0.00 \$120.32 \$22,194.72
27 \$22,194.72 \$794.84 \$0.00 \$125.49 \$23,115.05
28 \$23,115.05 \$794.84 \$0.00 \$130.70 \$24,040.59
29 \$24,040.59 \$794.84 \$0.00 \$135.93 \$24,971.36
30 \$24,971.36 \$794.84 \$0.00 \$141.19 \$25,907.39
31 \$25,907.39 \$794.84 \$0.00 \$146.48 \$26,848.71
32 \$26,848.71 \$794.84 \$0.00 \$151.81 \$27,795.36
33 \$27,795.36 \$794.84 \$0.00 \$157.16 \$28,747.36
34 \$28,747.36 \$794.84 \$0.00 \$162.54 \$29,704.74
35 \$29,704.74 \$794.84 \$0.00 \$167.95 \$30,667.53
36 \$30,667.53 \$794.84 \$0.00 \$173.40 \$31,635.77
37 \$31,635.77 \$794.84 \$0.00 \$178.87 \$32,609.48
38 \$32,609.48 \$794.84 \$0.00 \$184.38 \$33,588.70
39 \$33,588.70 \$794.84 \$0.00 \$189.92 \$34,573.46
40 \$34,573.46 \$794.84 \$0.00 \$195.48 \$35,563.78
41 \$35,563.78 \$794.84 \$0.00 \$201.08 \$36,559.70
42 \$36,559.70 \$794.84 \$0.00 \$206.71 \$37,561.25
43 \$37,561.25 \$794.84 \$0.00 \$212.38 \$38,568.47
44 \$38,568.47 \$794.84 \$0.00 \$218.07 \$39,581.38
45 \$39,581.38 \$794.84 \$0.00 \$223.80 \$40,600.02
46 \$40,600.02 \$794.84 \$0.00 \$229.56 \$41,624.42
47 \$41,624.42 \$794.84 \$0.00 \$235.35 \$42,654.61
48 \$42,654.61 \$794.84 \$0.00 \$241.18 \$43,690.63
49 \$43,690.63 \$794.84 \$0.00 \$247.03 \$44,732.50
50 \$44,732.50 \$794.84 \$0.00 \$252.92 \$45,780.26
51 \$45,780.26 \$794.84 \$0.00 \$258.85 \$46,833.95
52 \$46,833.95 \$794.84 \$0.00 \$264.81 \$47,893.60
53 \$47,893.60 \$794.84 \$0.00 \$270.80 \$48,959.24
54 \$48,959.24 \$794.84 \$0.00 \$276.82 \$50,030.90
55 \$50,030.90 \$794.84 \$0.00 \$282.88 \$51,108.62
56 \$51,108.62 \$794.84 \$0.00 \$288.98 \$52,192.44
57 \$52,192.44 \$794.84 \$0.00 \$295.10 \$53,282.38
58 \$53,282.38 \$794.84 \$0.00 \$301.27 \$54,378.49
59 \$54,378.49 \$794.84 \$0.00 \$307.46 \$55,480.79
60 \$55,480.79 \$794.84 \$0.00 \$313.70 \$56,589.33
61 \$56,589.33 \$794.84 \$0.00 \$319.96 \$57,704.13
62 \$57,704.13 \$794.84 \$0.00 \$326.27 \$58,825.24
63 \$58,825.24 \$794.84 \$0.00 \$332.61 \$59,952.69
64 \$59,952.69 \$794.84 \$0.00 \$338.98 \$61,086.51
65 \$61,086.51 \$794.84 \$0.00 \$345.39 \$62,226.74
66 \$62,226.74 \$794.84 \$0.00 \$351.84 \$63,373.42
67 \$63,373.42 \$794.84 \$0.00 \$358.32 \$64,526.58
68 \$64,526.58 \$794.84 \$0.00 \$364.84 \$65,686.26
69 \$65,686.26 \$794.84 \$0.00 \$371.40 \$66,852.50
70 \$66,852.50 \$794.84 \$0.00 \$377.99 \$68,025.33
71 \$68,025.33 \$794.84 \$0.00 \$384.63 \$69,204.80
72 \$69,204.80 \$794.84 \$0.00 \$391.29 \$70,390.93
73 \$70,390.93 \$794.84 \$0.00 \$398.00 \$71,583.77
74 \$71,583.77 \$794.84 \$0.00 \$404.75 \$72,783.36
75 \$72,783.36 \$794.84 \$0.00 \$411.53 \$73,989.73
76 \$73,989.73 \$794.84 \$0.00 \$418.35 \$75,202.92
77 \$75,202.92 \$794.84 \$0.00 \$425.21 \$76,422.97
78 \$76,422.97 \$794.84 \$0.00 \$432.11 \$77,649.92
79 \$77,649.92 \$794.84 \$0.00 \$439.04 \$78,883.80
80 \$78,883.80 \$794.84 \$0.00 \$446.02 \$80,124.66
81 \$80,124.66 \$794.84 \$0.00 \$453.04 \$81,372.54
82 \$81,372.54 \$794.84 \$0.00 \$460.09 \$82,627.47
83 \$82,627.47 \$794.84 \$0.00 \$467.19 \$83,889.50
84 \$83,889.50 \$794.84 \$0.00 \$474.32 \$85,158.66
85 \$85,158.66 \$794.84 \$0.00 \$481.50 \$86,435.00
86 \$86,435.00 \$794.84 \$0.00 \$488.72 \$87,718.56
87 \$87,718.56 \$794.84 \$0.00 \$495.97 \$89,009.37
88 \$89,009.37 \$794.84 \$0.00 \$503.27 \$90,307.48
89 \$90,307.48 \$794.84 \$0.00 \$510.61 \$91,612.93
90 \$91,612.93 \$794.84 \$0.00 \$517.99 \$92,925.76
91 \$92,925.76 \$794.84 \$0.00 \$525.42 \$94,246.02
92 \$94,246.02 \$794.84 \$0.00 \$532.88 \$95,573.74
93 \$95,573.74 \$794.84 \$0.00 \$540.39 \$96,908.97
94 \$96,908.97 \$794.84 \$0.00 \$547.94 \$98,251.75
95 \$98,251.75 \$794.84 \$0.00 \$555.53 \$99,602.12
96 \$99,602.12 \$794.84 \$0.00 \$563.16 \$100,960.12
97 \$100,960.12 \$794.84 \$0.00 \$570.84 \$102,325.80
98 \$102,325.80 \$794.84 \$0.00 \$578.56 \$103,699.20
99 \$103,699.20 \$794.84 \$0.00 \$586.33 \$105,080.37
100 \$105,080.37 \$794.84 \$0.00 \$594.14 \$106,469.35
101 \$106,469.35 \$794.84 \$0.00 \$601.99 \$107,866.18
102 \$107,866.18 \$794.84 \$0.00 \$609.89 \$109,270.91
103 \$109,270.91 \$794.84 \$0.00 \$617.83 \$110,683.58
104 \$110,683.58 \$794.84 \$0.00 \$625.82 \$112,104.24
105 \$112,104.24 \$794.84 \$0.00 \$633.85 \$113,532.93
106 \$113,532.93 \$794.84 \$0.00 \$641.93 \$114,969.70
107 \$114,969.70 \$794.84 \$0.00 \$650.06 \$116,414.60
108 \$116,414.60 \$794.84 \$0.00 \$658.23 \$117,867.67
109 \$117,867.67 \$794.84 \$0.00 \$666.44 \$119,328.95
110 \$119,328.95 \$794.84 \$0.00 \$674.70 \$120,798.49
111 \$120,798.49 \$794.84 \$0.00 \$683.01 \$122,276.34
112 \$122,276.34 \$794.84 \$0.00 \$691.37 \$123,762.55
113 \$123,762.55 \$794.84 \$0.00 \$699.77 \$125,257.16
114 \$125,257.16 \$794.84 \$0.00 \$708.22 \$126,760.22
115 \$126,760.22 \$794.84 \$0.00 \$716.72 \$128,271.78
116 \$128,271.78 \$794.84 \$0.00 \$725.27 \$129,791.89
117 \$129,791.89 \$794.84 \$0.00 \$733.86 \$131,320.59
118 \$131,320.59 \$794.84 \$0.00 \$742.51 \$132,857.94
119 \$132,857.94 \$794.84 \$0.00 \$751.20 \$134,403.98
120 \$134,403.98 \$794.84 \$0.00 \$759.94 \$135,958.76
121 \$135,958.76 \$794.84 \$0.00 \$768.73 \$137,522.33
122 \$137,522.33 \$794.84 \$0.00 \$777.57 \$139,094.74
123 \$139,094.74 \$794.84 \$0.00 \$786.46 \$140,676.04
124 \$140,676.04 \$794.84 \$0.00 \$795.40 \$142,266.28
125 \$142,266.28 \$794.84 \$0.00 \$804.39 \$143,865.51
126 \$143,865.51 \$794.84 \$0.00 \$813.44 \$145,473.79
127 \$145,473.79 \$794.84 \$0.00 \$822.53 \$147,091.16
128 \$147,091.16 \$794.84 \$0.00 \$831.67 \$148,717.67
129 \$148,717.67 \$794.84 \$0.00 \$840.87 \$150,353.38
130 \$150,353.38 \$794.84 \$0.00 \$850.12 \$151,998.34
131 \$151,998.34 \$794.84 \$0.00 \$859.42 \$153,652.60
132 \$153,652.60 \$794.84 \$0.00 \$868.77 \$155,316.21
133 \$155,316.21 \$794.84 \$0.00 \$878.18 \$156,989.23
134 \$156,989.23 \$794.84 \$0.00 \$887.64 \$158,671.71
135 \$158,671.71 \$794.84 \$0.00 \$897.15 \$160,363.70
136 \$160,363.70 \$794.84 \$0.00 \$906.72 \$162,065.26
137 \$162,065.26 \$794.84 \$0.00 \$916.34 \$163,776.44
138 \$163,776.44 \$794.84 \$0.00 \$926.02 \$165,497.30
139 \$165,497.30 \$794.84 \$0.00 \$935.75 \$167,227.89
140 \$167,227.89 \$794.84 \$0.00 \$945.53 \$168,968.26
141 \$168,968.26 \$794.84 \$0.00 \$955.37 \$170,718.47
142 \$170,718.47 \$794.84 \$0.00 \$965.27 \$172,478.58
143 \$172,478.58 \$794.84 \$0.00 \$975.22 \$174,248.64
144 \$174,248.64 \$794.84 \$0.00 \$985.23 \$176,028.71
145 \$176,028.71 \$794.84 \$0.00 \$995.29 \$177,818.84
146 \$177,818.84 \$794.84 \$0.00 \$1,005.41 \$179,619.09
147 \$179,619.09 \$794.84 \$0.00 \$1,015.59 \$181,429.52
148 \$181,429.52 \$794.84 \$0.00 \$1,025.83 \$183,250.19
149 \$183,250.19 \$794.84 \$0.00 \$1,036.12 \$185,081.15
150 \$185,081.15 \$794.84 \$0.00 \$1,046.48 \$186,922.47
151 \$186,922.47 \$794.84 \$0.00 \$1,056.89 \$188,774.20
152 \$188,774.20 \$794.84 \$0.00 \$1,067.36 \$190,636.40
153 \$190,636.40 \$794.84 \$0.00 \$1,077.89 \$192,509.13
154 \$192,509.13 \$794.84 \$0.00 \$1,088.47 \$194,392.44
155 \$194,392.44 \$794.84 \$0.00 \$1,099.12 \$196,286.40
156 \$196,286.40 \$794.84 \$0.00 \$1,109.83 \$198,191.07
157 \$198,191.07 \$794.84 \$0.00 \$1,120.60 \$200,106.51
158 \$200,106.51 \$794.84 \$0.00 \$1,131.43 \$202,032.78
159 \$202,032.78 \$794.84 \$0.00 \$1,142.32 \$203,969.94
160 \$203,969.94 \$794.84 \$0.00 \$1,153.28 \$205,918.06
161 \$205,918.06 \$794.84 \$0.00 \$1,164.29 \$207,877.19
162 \$207,877.19 \$794.84 \$0.00 \$1,175.37 \$209,847.40
163 \$209,847.40 \$794.84 \$0.00 \$1,186.51 \$211,828.75
164 \$211,828.75 \$794.84 \$0.00 \$1,197.71 \$213,821.30
165 \$213,821.30 \$794.84 \$0.00 \$1,208.98 \$215,825.12
166 \$215,825.12 \$794.84 \$0.00 \$1,220.31 \$217,840.27
167 \$217,840.27 \$794.84 \$0.00 \$1,231.70 \$219,866.81
168 \$219,866.81 \$794.84 \$0.00 \$1,243.16 \$221,904.81
169 \$221,904.81 \$794.84 \$0.00 \$1,254.68 \$223,954.33
170 \$223,954.33 \$794.84 \$0.00 \$1,266.27 \$226,015.44
171 \$226,015.44 \$794.84 \$0.00 \$1,277.92 \$228,088.20
172 \$228,088.20 \$794.84 \$0.00 \$1,289.64 \$230,172.68
173 \$230,172.68 \$794.84 \$0.00 \$1,301.43 \$232,268.95
174 \$232,268.95 \$794.84 \$0.00 \$1,313.28 \$234,377.07
175 \$234,377.07 \$794.84 \$0.00 \$1,325.20 \$236,497.11
176 \$236,497.11 \$794.84 \$0.00 \$1,337.19 \$238,629.14
177 \$238,629.14 \$794.84 \$0.00 \$1,349.24 \$240,773.22
178 \$240,773.22 \$794.84 \$0.00 \$1,361.37 \$242,929.43
179 \$242,929.43 \$794.84 \$0.00 \$1,373.56 \$245,097.83
180 \$245,097.83 \$794.84 \$0.00 \$1,385.82 \$247,278.49
181 \$247,278.49 \$794.84 \$0.00 \$1,398.15 \$249,471.48
182 \$249,471.48 \$794.84 \$0.00 \$1,410.55 \$251,676.87
183 \$251,676.87 \$794.84 \$0.00 \$1,423.02 \$253,894.73
184 \$253,894.73 \$794.84 \$0.00 \$1,435.56 \$256,125.13
185 \$256,125.13 \$794.84 \$0.00 \$1,448.17 \$258,368.14
186 \$258,368.14 \$794.84 \$0.00 \$1,460.85 \$260,623.83
187 \$260,623.83 \$794.84 \$0.00 \$1,473.61 \$262,892.28
188 \$262,892.28 \$794.84 \$0.00 \$1,486.43 \$265,173.55
189 \$265,173.55 \$794.84 \$0.00 \$1,499.33 \$267,467.72
190 \$267,467.72 \$794.84 \$0.00 \$1,512.30 \$269,774.86
191 \$269,774.86 \$794.84 \$0.00 \$1,525.35 \$272,095.05
192 \$272,095.05 \$794.84 \$0.00 \$1,538.46 \$274,428.35
193 \$274,428.35 \$794.84 \$0.00 \$1,551.66 \$276,774.85
194 \$276,774.85 \$794.84 \$0.00 \$1,564.93 \$279,134.62
195 \$279,134.62 \$794.84 \$0.00 \$1,578.27 \$281,507.73
196 \$281,507.73 \$794.84 \$0.00 \$1,591.69 \$283,894.26
197 \$283,894.26 \$794.84 \$0.00 \$1,605.18 \$286,294.28
198 \$286,294.28 \$794.84 \$0.00 \$1,618.75 \$288,707.87
199 \$288,707.87 \$794.84 \$0.00 \$1,632.40 \$291,135.11
200 \$291,135.11 \$794.84 \$0.00 \$1,646.12 \$293,576.07
201 \$293,576.07 \$794.84 \$0.00 \$1,659.92 \$296,030.83
202 \$296,030.83 \$794.84 \$0.00 \$1,673.80 \$298,499.47
203 \$298,499.47 \$794.84 \$0.00 \$1,687.76 \$300,982.07
204 \$300,982.07 \$794.84 \$0.00 \$1,701.80 \$303,478.71
205 \$303,478.71 \$794.84 \$0.00 \$1,715.91 \$305,989.46
206 \$305,989.46 \$794.84 \$0.00 \$1,730.11 \$308,514.41
207 \$308,514.41 \$794.84 \$0.00 \$1,744.39 \$311,053.64
208 \$311,053.64 \$794.84 \$0.00 \$1,758.74 \$313,607.22
209 \$313,607.22 \$794.84 \$0.00 \$1,773.18 \$316,175.24
210 \$316,175.24 \$794.84 \$0.00 \$1,787.70 \$318,757.78
211 \$318,757.78 \$794.84 \$0.00 \$1,802.30 \$321,354.92
212 \$321,354.92 \$794.84 \$0.00 \$1,816.99 \$323,966.75
213 \$323,966.75 \$794.84 \$0.00 \$1,831.76 \$326,593.35
214 \$326,593.35 \$794.84 \$0.00 \$1,846.61 \$329,234.80
215 \$329,234.80 \$794.84 \$0.00 \$1,861.54 \$331,891.18
216 \$331,891.18 \$794.84 \$0.00 \$1,876.56 \$334,562.58
217 \$334,562.58 \$794.84 \$93,186.70 \$1,891.67 \$244,062.39
218 \$244,062.39 \$794.84 \$0.00 \$1,379.96 \$246,237.19
219 \$246,237.19 \$794.84 \$0.00 \$1,392.26 \$248,424.29
220 \$248,424.29 \$794.84 \$0.00 \$1,404.63 \$250,623.76
221 \$250,623.76 \$794.84 \$0.00 \$1,417.06 \$252,835.66
222 \$252,835.66 \$794.84 \$0.00 \$1,429.57 \$255,060.07
223 \$255,060.07 \$794.84 \$0.00 \$1,442.15 \$257,297.06
224 \$257,297.06 \$794.84 \$0.00 \$1,454.79 \$259,546.69
225 \$259,546.69 \$794.84 \$0.00 \$1,467.51 \$261,809.04
226 \$261,809.04 \$794.84 \$0.00 \$1,480.31 \$264,084.19
227 \$264,084.19 \$794.84 \$0.00 \$1,493.17 \$266,372.20
228 \$266,372.20 \$794.84 \$0.00 \$1,506.11 \$268,673.15
229 \$268,673.15 \$794.84 \$97,846.04 \$1,519.12 \$173,141.07
230 \$173,141.07 \$794.84 \$0.00 \$978.96 \$174,914.87
231 \$174,914.87 \$794.84 \$0.00 \$988.99 \$176,698.70
232 \$176,698.70 \$794.84 \$0.00 \$999.08 \$178,492.62
233 \$178,492.62 \$794.84 \$0.00 \$1,009.22 \$180,296.68
234 \$180,296.68 \$794.84 \$0.00 \$1,019.42 \$182,110.94
235 \$182,110.94 \$794.84 \$0.00 \$1,029.68 \$183,935.46
236 \$183,935.46 \$794.84 \$0.00 \$1,040.00 \$185,770.30
237 \$185,770.30 \$794.84 \$0.00 \$1,050.37 \$187,615.51
238 \$187,615.51 \$794.84 \$0.00 \$1,060.81 \$189,471.16
239 \$189,471.16 \$794.84 \$0.00 \$1,071.30 \$191,337.30
240 \$191,337.30 \$794.84 \$0.00 \$1,081.85 \$193,213.99
241 \$193,213.99 \$794.84 \$102,738.34 \$1,092.46 \$92,362.95
242 \$92,362.95 \$794.84 \$0.00 \$522.23 \$93,680.02
243 \$93,680.02 \$794.84 \$0.00 \$529.68 \$95,004.54
244 \$95,004.54 \$794.84 \$0.00 \$537.17 \$96,336.55
245 \$96,336.55 \$794.84 \$0.00 \$544.70 \$97,676.09
246 \$97,676.09 \$794.84 \$0.00 \$552.27 \$99,023.20
247 \$99,023.20 \$794.84 \$0.00 \$559.89 \$100,377.93
248 \$100,377.93 \$794.84 \$0.00 \$567.55 \$101,740.32
249 \$101,740.32 \$794.84 \$0.00 \$575.25 \$103,110.41
250 \$103,110.41 \$794.84 \$0.00 \$583.00 \$104,488.25
251 \$104,488.25 \$794.84 \$0.00 \$590.79 \$105,873.88
252 \$105,873.88 \$794.84 \$0.00 \$598.63 \$107,267.35
253 \$107,267.35 \$0.00 \$107,875.26 \$606.51 (\$1.40)