Estimated Annual Cost in 2042 | $77,090 |
Monthly savings required | $342 |
How much will it cost to send your child to Fortis College Miami in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $154,180.98 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $342.50 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.
Current Annual Cost | $22,037.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Fortis College Miami in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $342.50 | $0.00 | $0.00 | $342.50 |
2 | $342.50 | $342.50 | $0.00 | $1.94 | $686.94 |
3 | $686.94 | $342.50 | $0.00 | $3.88 | $1,033.32 |
4 | $1,033.32 | $342.50 | $0.00 | $5.84 | $1,381.66 |
5 | $1,381.66 | $342.50 | $0.00 | $7.81 | $1,731.97 |
6 | $1,731.97 | $342.50 | $0.00 | $9.79 | $2,084.26 |
7 | $2,084.26 | $342.50 | $0.00 | $11.78 | $2,438.54 |
8 | $2,438.54 | $342.50 | $0.00 | $13.79 | $2,794.83 |
9 | $2,794.83 | $342.50 | $0.00 | $15.80 | $3,153.13 |
10 | $3,153.13 | $342.50 | $0.00 | $17.83 | $3,513.46 |
11 | $3,513.46 | $342.50 | $0.00 | $19.87 | $3,875.83 |
12 | $3,875.83 | $342.50 | $0.00 | $21.91 | $4,240.24 |
13 | $4,240.24 | $342.50 | $0.00 | $23.97 | $4,606.71 |
14 | $4,606.71 | $342.50 | $0.00 | $26.05 | $4,975.26 |
15 | $4,975.26 | $342.50 | $0.00 | $28.13 | $5,345.89 |
16 | $5,345.89 | $342.50 | $0.00 | $30.23 | $5,718.62 |
17 | $5,718.62 | $342.50 | $0.00 | $32.33 | $6,093.45 |
18 | $6,093.45 | $342.50 | $0.00 | $34.45 | $6,470.40 |
19 | $6,470.40 | $342.50 | $0.00 | $36.58 | $6,849.48 |
20 | $6,849.48 | $342.50 | $0.00 | $38.73 | $7,230.71 |
21 | $7,230.71 | $342.50 | $0.00 | $40.88 | $7,614.09 |
22 | $7,614.09 | $342.50 | $0.00 | $43.05 | $7,999.64 |
23 | $7,999.64 | $342.50 | $0.00 | $45.23 | $8,387.37 |
24 | $8,387.37 | $342.50 | $0.00 | $47.42 | $8,777.29 |
25 | $8,777.29 | $342.50 | $0.00 | $49.63 | $9,169.42 |
26 | $9,169.42 | $342.50 | $0.00 | $51.85 | $9,563.77 |
27 | $9,563.77 | $342.50 | $0.00 | $54.07 | $9,960.34 |
28 | $9,960.34 | $342.50 | $0.00 | $56.32 | $10,359.16 |
29 | $10,359.16 | $342.50 | $0.00 | $58.57 | $10,760.23 |
30 | $10,760.23 | $342.50 | $0.00 | $60.84 | $11,163.57 |
31 | $11,163.57 | $342.50 | $0.00 | $63.12 | $11,569.19 |
32 | $11,569.19 | $342.50 | $0.00 | $65.41 | $11,977.10 |
33 | $11,977.10 | $342.50 | $0.00 | $67.72 | $12,387.32 |
34 | $12,387.32 | $342.50 | $0.00 | $70.04 | $12,799.86 |
35 | $12,799.86 | $342.50 | $0.00 | $72.37 | $13,214.73 |
36 | $13,214.73 | $342.50 | $0.00 | $74.72 | $13,631.95 |
37 | $13,631.95 | $342.50 | $0.00 | $77.08 | $14,051.53 |
38 | $14,051.53 | $342.50 | $0.00 | $79.45 | $14,473.48 |
39 | $14,473.48 | $342.50 | $0.00 | $81.84 | $14,897.82 |
40 | $14,897.82 | $342.50 | $0.00 | $84.23 | $15,324.55 |
41 | $15,324.55 | $342.50 | $0.00 | $86.65 | $15,753.70 |
42 | $15,753.70 | $342.50 | $0.00 | $89.07 | $16,185.27 |
43 | $16,185.27 | $342.50 | $0.00 | $91.51 | $16,619.28 |
44 | $16,619.28 | $342.50 | $0.00 | $93.97 | $17,055.75 |
45 | $17,055.75 | $342.50 | $0.00 | $96.44 | $17,494.69 |
46 | $17,494.69 | $342.50 | $0.00 | $98.92 | $17,936.11 |
47 | $17,936.11 | $342.50 | $0.00 | $101.41 | $18,380.02 |
48 | $18,380.02 | $342.50 | $0.00 | $103.92 | $18,826.44 |
49 | $18,826.44 | $342.50 | $0.00 | $106.45 | $19,275.39 |
50 | $19,275.39 | $342.50 | $0.00 | $108.99 | $19,726.88 |
51 | $19,726.88 | $342.50 | $0.00 | $111.54 | $20,180.92 |
52 | $20,180.92 | $342.50 | $0.00 | $114.11 | $20,637.53 |
53 | $20,637.53 | $342.50 | $0.00 | $116.69 | $21,096.72 |
54 | $21,096.72 | $342.50 | $0.00 | $119.28 | $21,558.50 |
55 | $21,558.50 | $342.50 | $0.00 | $121.89 | $22,022.89 |
56 | $22,022.89 | $342.50 | $0.00 | $124.52 | $22,489.91 |
57 | $22,489.91 | $342.50 | $0.00 | $127.16 | $22,959.57 |
58 | $22,959.57 | $342.50 | $0.00 | $129.82 | $23,431.89 |
59 | $23,431.89 | $342.50 | $0.00 | $132.49 | $23,906.88 |
60 | $23,906.88 | $342.50 | $0.00 | $135.17 | $24,384.55 |
61 | $24,384.55 | $342.50 | $0.00 | $137.87 | $24,864.92 |
62 | $24,864.92 | $342.50 | $0.00 | $140.59 | $25,348.01 |
63 | $25,348.01 | $342.50 | $0.00 | $143.32 | $25,833.83 |
64 | $25,833.83 | $342.50 | $0.00 | $146.07 | $26,322.40 |
65 | $26,322.40 | $342.50 | $0.00 | $148.83 | $26,813.73 |
66 | $26,813.73 | $342.50 | $0.00 | $151.61 | $27,307.84 |
67 | $27,307.84 | $342.50 | $0.00 | $154.40 | $27,804.74 |
68 | $27,804.74 | $342.50 | $0.00 | $157.21 | $28,304.45 |
69 | $28,304.45 | $342.50 | $0.00 | $160.04 | $28,806.99 |
70 | $28,806.99 | $342.50 | $0.00 | $162.88 | $29,312.37 |
71 | $29,312.37 | $342.50 | $0.00 | $165.74 | $29,820.61 |
72 | $29,820.61 | $342.50 | $0.00 | $168.61 | $30,331.72 |
73 | $30,331.72 | $342.50 | $0.00 | $171.50 | $30,845.72 |
74 | $30,845.72 | $342.50 | $0.00 | $174.41 | $31,362.63 |
75 | $31,362.63 | $342.50 | $0.00 | $177.33 | $31,882.46 |
76 | $31,882.46 | $342.50 | $0.00 | $180.27 | $32,405.23 |
77 | $32,405.23 | $342.50 | $0.00 | $183.22 | $32,930.95 |
78 | $32,930.95 | $342.50 | $0.00 | $186.20 | $33,459.65 |
79 | $33,459.65 | $342.50 | $0.00 | $189.19 | $33,991.34 |
80 | $33,991.34 | $342.50 | $0.00 | $192.19 | $34,526.03 |
81 | $34,526.03 | $342.50 | $0.00 | $195.22 | $35,063.75 |
82 | $35,063.75 | $342.50 | $0.00 | $198.26 | $35,604.51 |
83 | $35,604.51 | $342.50 | $0.00 | $201.31 | $36,148.32 |
84 | $36,148.32 | $342.50 | $0.00 | $204.39 | $36,695.21 |
85 | $36,695.21 | $342.50 | $0.00 | $207.48 | $37,245.19 |
86 | $37,245.19 | $342.50 | $0.00 | $210.59 | $37,798.28 |
87 | $37,798.28 | $342.50 | $0.00 | $213.72 | $38,354.50 |
88 | $38,354.50 | $342.50 | $0.00 | $216.86 | $38,913.86 |
89 | $38,913.86 | $342.50 | $0.00 | $220.02 | $39,476.38 |
90 | $39,476.38 | $342.50 | $0.00 | $223.21 | $40,042.09 |
91 | $40,042.09 | $342.50 | $0.00 | $226.40 | $40,610.99 |
92 | $40,610.99 | $342.50 | $0.00 | $229.62 | $41,183.11 |
93 | $41,183.11 | $342.50 | $0.00 | $232.86 | $41,758.47 |
94 | $41,758.47 | $342.50 | $0.00 | $236.11 | $42,337.08 |
95 | $42,337.08 | $342.50 | $0.00 | $239.38 | $42,918.96 |
96 | $42,918.96 | $342.50 | $0.00 | $242.67 | $43,504.13 |
97 | $43,504.13 | $342.50 | $0.00 | $245.98 | $44,092.61 |
98 | $44,092.61 | $342.50 | $0.00 | $249.31 | $44,684.42 |
99 | $44,684.42 | $342.50 | $0.00 | $252.65 | $45,279.57 |
100 | $45,279.57 | $342.50 | $0.00 | $256.02 | $45,878.09 |
101 | $45,878.09 | $342.50 | $0.00 | $259.40 | $46,479.99 |
102 | $46,479.99 | $342.50 | $0.00 | $262.80 | $47,085.29 |
103 | $47,085.29 | $342.50 | $0.00 | $266.23 | $47,694.02 |
104 | $47,694.02 | $342.50 | $0.00 | $269.67 | $48,306.19 |
105 | $48,306.19 | $342.50 | $0.00 | $273.13 | $48,921.82 |
106 | $48,921.82 | $342.50 | $0.00 | $276.61 | $49,540.93 |
107 | $49,540.93 | $342.50 | $0.00 | $280.11 | $50,163.54 |
108 | $50,163.54 | $342.50 | $0.00 | $283.63 | $50,789.67 |
109 | $50,789.67 | $342.50 | $0.00 | $287.17 | $51,419.34 |
110 | $51,419.34 | $342.50 | $0.00 | $290.73 | $52,052.57 |
111 | $52,052.57 | $342.50 | $0.00 | $294.31 | $52,689.38 |
112 | $52,689.38 | $342.50 | $0.00 | $297.91 | $53,329.79 |
113 | $53,329.79 | $342.50 | $0.00 | $301.53 | $53,973.82 |
114 | $53,973.82 | $342.50 | $0.00 | $305.18 | $54,621.50 |
115 | $54,621.50 | $342.50 | $0.00 | $308.84 | $55,272.84 |
116 | $55,272.84 | $342.50 | $0.00 | $312.52 | $55,927.86 |
117 | $55,927.86 | $342.50 | $0.00 | $316.22 | $56,586.58 |
118 | $56,586.58 | $342.50 | $0.00 | $319.95 | $57,249.03 |
119 | $57,249.03 | $342.50 | $0.00 | $323.69 | $57,915.22 |
120 | $57,915.22 | $342.50 | $0.00 | $327.46 | $58,585.18 |
121 | $58,585.18 | $342.50 | $0.00 | $331.25 | $59,258.93 |
122 | $59,258.93 | $342.50 | $0.00 | $335.06 | $59,936.49 |
123 | $59,936.49 | $342.50 | $0.00 | $338.89 | $60,617.88 |
124 | $60,617.88 | $342.50 | $0.00 | $342.74 | $61,303.12 |
125 | $61,303.12 | $342.50 | $0.00 | $346.62 | $61,992.24 |
126 | $61,992.24 | $342.50 | $0.00 | $350.51 | $62,685.25 |
127 | $62,685.25 | $342.50 | $0.00 | $354.43 | $63,382.18 |
128 | $63,382.18 | $342.50 | $0.00 | $358.37 | $64,083.05 |
129 | $64,083.05 | $342.50 | $0.00 | $362.33 | $64,787.88 |
130 | $64,787.88 | $342.50 | $0.00 | $366.32 | $65,496.70 |
131 | $65,496.70 | $342.50 | $0.00 | $370.33 | $66,209.53 |
132 | $66,209.53 | $342.50 | $0.00 | $374.36 | $66,926.39 |
133 | $66,926.39 | $342.50 | $0.00 | $378.41 | $67,647.30 |
134 | $67,647.30 | $342.50 | $0.00 | $382.49 | $68,372.29 |
135 | $68,372.29 | $342.50 | $0.00 | $386.59 | $69,101.38 |
136 | $69,101.38 | $342.50 | $0.00 | $390.71 | $69,834.59 |
137 | $69,834.59 | $342.50 | $0.00 | $394.85 | $70,571.94 |
138 | $70,571.94 | $342.50 | $0.00 | $399.02 | $71,313.46 |
139 | $71,313.46 | $342.50 | $0.00 | $403.22 | $72,059.18 |
140 | $72,059.18 | $342.50 | $0.00 | $407.43 | $72,809.11 |
141 | $72,809.11 | $342.50 | $0.00 | $411.67 | $73,563.28 |
142 | $73,563.28 | $342.50 | $0.00 | $415.94 | $74,321.72 |
143 | $74,321.72 | $342.50 | $0.00 | $420.23 | $75,084.45 |
144 | $75,084.45 | $342.50 | $0.00 | $424.54 | $75,851.49 |
145 | $75,851.49 | $342.50 | $0.00 | $428.88 | $76,622.87 |
146 | $76,622.87 | $342.50 | $0.00 | $433.24 | $77,398.61 |
147 | $77,398.61 | $342.50 | $0.00 | $437.62 | $78,178.73 |
148 | $78,178.73 | $342.50 | $0.00 | $442.03 | $78,963.26 |
149 | $78,963.26 | $342.50 | $0.00 | $446.47 | $79,752.23 |
150 | $79,752.23 | $342.50 | $0.00 | $450.93 | $80,545.66 |
151 | $80,545.66 | $342.50 | $0.00 | $455.42 | $81,343.58 |
152 | $81,343.58 | $342.50 | $0.00 | $459.93 | $82,146.01 |
153 | $82,146.01 | $342.50 | $0.00 | $464.47 | $82,952.98 |
154 | $82,952.98 | $342.50 | $0.00 | $469.03 | $83,764.51 |
155 | $83,764.51 | $342.50 | $0.00 | $473.62 | $84,580.63 |
156 | $84,580.63 | $342.50 | $0.00 | $478.23 | $85,401.36 |
157 | $85,401.36 | $342.50 | $0.00 | $482.87 | $86,226.73 |
158 | $86,226.73 | $342.50 | $0.00 | $487.54 | $87,056.77 |
159 | $87,056.77 | $342.50 | $0.00 | $492.23 | $87,891.50 |
160 | $87,891.50 | $342.50 | $0.00 | $496.95 | $88,730.95 |
161 | $88,730.95 | $342.50 | $0.00 | $501.70 | $89,575.15 |
162 | $89,575.15 | $342.50 | $0.00 | $506.47 | $90,424.12 |
163 | $90,424.12 | $342.50 | $0.00 | $511.27 | $91,277.89 |
164 | $91,277.89 | $342.50 | $0.00 | $516.10 | $92,136.49 |
165 | $92,136.49 | $342.50 | $0.00 | $520.95 | $92,999.94 |
166 | $92,999.94 | $342.50 | $0.00 | $525.84 | $93,868.28 |
167 | $93,868.28 | $342.50 | $0.00 | $530.74 | $94,741.52 |
168 | $94,741.52 | $342.50 | $0.00 | $535.68 | $95,619.70 |
169 | $95,619.70 | $342.50 | $0.00 | $540.65 | $96,502.85 |
170 | $96,502.85 | $342.50 | $0.00 | $545.64 | $97,390.99 |
171 | $97,390.99 | $342.50 | $0.00 | $550.66 | $98,284.15 |
172 | $98,284.15 | $342.50 | $0.00 | $555.71 | $99,182.36 |
173 | $99,182.36 | $342.50 | $0.00 | $560.79 | $100,085.65 |
174 | $100,085.65 | $342.50 | $0.00 | $565.90 | $100,994.05 |
175 | $100,994.05 | $342.50 | $0.00 | $571.04 | $101,907.59 |
176 | $101,907.59 | $342.50 | $0.00 | $576.20 | $102,826.29 |
177 | $102,826.29 | $342.50 | $0.00 | $581.39 | $103,750.18 |
178 | $103,750.18 | $342.50 | $0.00 | $586.62 | $104,679.30 |
179 | $104,679.30 | $342.50 | $0.00 | $591.87 | $105,613.67 |
180 | $105,613.67 | $342.50 | $0.00 | $597.16 | $106,553.33 |
181 | $106,553.33 | $342.50 | $0.00 | $602.47 | $107,498.30 |
182 | $107,498.30 | $342.50 | $0.00 | $607.81 | $108,448.61 |
183 | $108,448.61 | $342.50 | $0.00 | $613.18 | $109,404.29 |
184 | $109,404.29 | $342.50 | $0.00 | $618.59 | $110,365.38 |
185 | $110,365.38 | $342.50 | $0.00 | $624.02 | $111,331.90 |
186 | $111,331.90 | $342.50 | $0.00 | $629.49 | $112,303.89 |
187 | $112,303.89 | $342.50 | $0.00 | $634.98 | $113,281.37 |
188 | $113,281.37 | $342.50 | $0.00 | $640.51 | $114,264.38 |
189 | $114,264.38 | $342.50 | $0.00 | $646.07 | $115,252.95 |
190 | $115,252.95 | $342.50 | $0.00 | $651.66 | $116,247.11 |
191 | $116,247.11 | $342.50 | $0.00 | $657.28 | $117,246.89 |
192 | $117,246.89 | $342.50 | $0.00 | $662.93 | $118,252.32 |
193 | $118,252.32 | $342.50 | $0.00 | $668.62 | $119,263.44 |
194 | $119,263.44 | $342.50 | $0.00 | $674.33 | $120,280.27 |
195 | $120,280.27 | $342.50 | $0.00 | $680.08 | $121,302.85 |
196 | $121,302.85 | $342.50 | $0.00 | $685.86 | $122,331.21 |
197 | $122,331.21 | $342.50 | $0.00 | $691.68 | $123,365.39 |
198 | $123,365.39 | $342.50 | $0.00 | $697.53 | $124,405.42 |
199 | $124,405.42 | $342.50 | $0.00 | $703.41 | $125,451.33 |
200 | $125,451.33 | $342.50 | $0.00 | $709.32 | $126,503.15 |
201 | $126,503.15 | $342.50 | $0.00 | $715.27 | $127,560.92 |
202 | $127,560.92 | $342.50 | $0.00 | $721.25 | $128,624.67 |
203 | $128,624.67 | $342.50 | $0.00 | $727.26 | $129,694.43 |
204 | $129,694.43 | $342.50 | $0.00 | $733.31 | $130,770.24 |
205 | $130,770.24 | $342.50 | $0.00 | $739.39 | $131,852.13 |
206 | $131,852.13 | $342.50 | $0.00 | $745.51 | $132,940.14 |
207 | $132,940.14 | $342.50 | $0.00 | $751.66 | $134,034.30 |
208 | $134,034.30 | $342.50 | $0.00 | $757.85 | $135,134.65 |
209 | $135,134.65 | $342.50 | $0.00 | $764.07 | $136,241.22 |
210 | $136,241.22 | $342.50 | $0.00 | $770.33 | $137,354.05 |
211 | $137,354.05 | $342.50 | $0.00 | $776.62 | $138,473.17 |
212 | $138,473.17 | $342.50 | $0.00 | $782.95 | $139,598.62 |
213 | $139,598.62 | $342.50 | $0.00 | $789.31 | $140,730.43 |
214 | $140,730.43 | $342.50 | $0.00 | $795.71 | $141,868.64 |
215 | $141,868.64 | $342.50 | $0.00 | $802.15 | $143,013.29 |
216 | $143,013.29 | $342.50 | $0.00 | $808.62 | $144,164.41 |
217 | $144,164.41 | $342.50 | $74,483.57 | $815.13 | $70,838.47 |
218 | $70,838.47 | $342.50 | $0.00 | $400.53 | $71,581.50 |
219 | $71,581.50 | $342.50 | $0.00 | $404.73 | $72,328.73 |
220 | $72,328.73 | $342.50 | $0.00 | $408.96 | $73,080.19 |
221 | $73,080.19 | $342.50 | $0.00 | $413.21 | $73,835.90 |
222 | $73,835.90 | $342.50 | $0.00 | $417.48 | $74,595.88 |
223 | $74,595.88 | $342.50 | $0.00 | $421.78 | $75,360.16 |
224 | $75,360.16 | $342.50 | $0.00 | $426.10 | $76,128.76 |
225 | $76,128.76 | $342.50 | $0.00 | $430.44 | $76,901.70 |
226 | $76,901.70 | $342.50 | $0.00 | $434.81 | $77,679.01 |
227 | $77,679.01 | $342.50 | $0.00 | $439.21 | $78,460.72 |
228 | $78,460.72 | $342.50 | $0.00 | $443.63 | $79,246.85 |
229 | $79,246.85 | $0.00 | $79,697.42 | $448.07 | -$2.50 |