| Estimated Annual Cost in 2042 | $64,311 |
| Monthly savings required | $286 |
How much will it cost to send your child to Lake Sumter State College in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $128,622.92 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $285.72 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 | $18,384.00 |
| 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 Lake Sumter State College in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $285.72 | $0.00 | $0.00 | $285.72 |
| 2 | $285.72 | $285.72 | $0.00 | $1.62 | $573.06 |
| 3 | $573.06 | $285.72 | $0.00 | $3.24 | $862.02 |
| 4 | $862.02 | $285.72 | $0.00 | $4.87 | $1,152.61 |
| 5 | $1,152.61 | $285.72 | $0.00 | $6.52 | $1,444.85 |
| 6 | $1,444.85 | $285.72 | $0.00 | $8.17 | $1,738.74 |
| 7 | $1,738.74 | $285.72 | $0.00 | $9.83 | $2,034.29 |
| 8 | $2,034.29 | $285.72 | $0.00 | $11.50 | $2,331.51 |
| 9 | $2,331.51 | $285.72 | $0.00 | $13.18 | $2,630.41 |
| 10 | $2,630.41 | $285.72 | $0.00 | $14.87 | $2,931.00 |
| 11 | $2,931.00 | $285.72 | $0.00 | $16.57 | $3,233.29 |
| 12 | $3,233.29 | $285.72 | $0.00 | $18.28 | $3,537.29 |
| 13 | $3,537.29 | $285.72 | $0.00 | $20.00 | $3,843.01 |
| 14 | $3,843.01 | $285.72 | $0.00 | $21.73 | $4,150.46 |
| 15 | $4,150.46 | $285.72 | $0.00 | $23.47 | $4,459.65 |
| 16 | $4,459.65 | $285.72 | $0.00 | $25.22 | $4,770.59 |
| 17 | $4,770.59 | $285.72 | $0.00 | $26.97 | $5,083.28 |
| 18 | $5,083.28 | $285.72 | $0.00 | $28.74 | $5,397.74 |
| 19 | $5,397.74 | $285.72 | $0.00 | $30.52 | $5,713.98 |
| 20 | $5,713.98 | $285.72 | $0.00 | $32.31 | $6,032.01 |
| 21 | $6,032.01 | $285.72 | $0.00 | $34.11 | $6,351.84 |
| 22 | $6,351.84 | $285.72 | $0.00 | $35.91 | $6,673.47 |
| 23 | $6,673.47 | $285.72 | $0.00 | $37.73 | $6,996.92 |
| 24 | $6,996.92 | $285.72 | $0.00 | $39.56 | $7,322.20 |
| 25 | $7,322.20 | $285.72 | $0.00 | $41.40 | $7,649.32 |
| 26 | $7,649.32 | $285.72 | $0.00 | $43.25 | $7,978.29 |
| 27 | $7,978.29 | $285.72 | $0.00 | $45.11 | $8,309.12 |
| 28 | $8,309.12 | $285.72 | $0.00 | $46.98 | $8,641.82 |
| 29 | $8,641.82 | $285.72 | $0.00 | $48.86 | $8,976.40 |
| 30 | $8,976.40 | $285.72 | $0.00 | $50.75 | $9,312.87 |
| 31 | $9,312.87 | $285.72 | $0.00 | $52.66 | $9,651.25 |
| 32 | $9,651.25 | $285.72 | $0.00 | $54.57 | $9,991.54 |
| 33 | $9,991.54 | $285.72 | $0.00 | $56.49 | $10,333.75 |
| 34 | $10,333.75 | $285.72 | $0.00 | $58.43 | $10,677.90 |
| 35 | $10,677.90 | $285.72 | $0.00 | $60.37 | $11,023.99 |
| 36 | $11,023.99 | $285.72 | $0.00 | $62.33 | $11,372.04 |
| 37 | $11,372.04 | $285.72 | $0.00 | $64.30 | $11,722.06 |
| 38 | $11,722.06 | $285.72 | $0.00 | $66.28 | $12,074.06 |
| 39 | $12,074.06 | $285.72 | $0.00 | $68.27 | $12,428.05 |
| 40 | $12,428.05 | $285.72 | $0.00 | $70.27 | $12,784.04 |
| 41 | $12,784.04 | $285.72 | $0.00 | $72.28 | $13,142.04 |
| 42 | $13,142.04 | $285.72 | $0.00 | $74.31 | $13,502.07 |
| 43 | $13,502.07 | $285.72 | $0.00 | $76.34 | $13,864.13 |
| 44 | $13,864.13 | $285.72 | $0.00 | $78.39 | $14,228.24 |
| 45 | $14,228.24 | $285.72 | $0.00 | $80.45 | $14,594.41 |
| 46 | $14,594.41 | $285.72 | $0.00 | $82.52 | $14,962.65 |
| 47 | $14,962.65 | $285.72 | $0.00 | $84.60 | $15,332.97 |
| 48 | $15,332.97 | $285.72 | $0.00 | $86.69 | $15,705.38 |
| 49 | $15,705.38 | $285.72 | $0.00 | $88.80 | $16,079.90 |
| 50 | $16,079.90 | $285.72 | $0.00 | $90.92 | $16,456.54 |
| 51 | $16,456.54 | $285.72 | $0.00 | $93.05 | $16,835.31 |
| 52 | $16,835.31 | $285.72 | $0.00 | $95.19 | $17,216.22 |
| 53 | $17,216.22 | $285.72 | $0.00 | $97.34 | $17,599.28 |
| 54 | $17,599.28 | $285.72 | $0.00 | $99.51 | $17,984.51 |
| 55 | $17,984.51 | $285.72 | $0.00 | $101.69 | $18,371.92 |
| 56 | $18,371.92 | $285.72 | $0.00 | $103.88 | $18,761.52 |
| 57 | $18,761.52 | $285.72 | $0.00 | $106.08 | $19,153.32 |
| 58 | $19,153.32 | $285.72 | $0.00 | $108.30 | $19,547.34 |
| 59 | $19,547.34 | $285.72 | $0.00 | $110.52 | $19,943.58 |
| 60 | $19,943.58 | $285.72 | $0.00 | $112.76 | $20,342.06 |
| 61 | $20,342.06 | $285.72 | $0.00 | $115.02 | $20,742.80 |
| 62 | $20,742.80 | $285.72 | $0.00 | $117.28 | $21,145.80 |
| 63 | $21,145.80 | $285.72 | $0.00 | $119.56 | $21,551.08 |
| 64 | $21,551.08 | $285.72 | $0.00 | $121.85 | $21,958.65 |
| 65 | $21,958.65 | $285.72 | $0.00 | $124.16 | $22,368.53 |
| 66 | $22,368.53 | $285.72 | $0.00 | $126.47 | $22,780.72 |
| 67 | $22,780.72 | $285.72 | $0.00 | $128.81 | $23,195.25 |
| 68 | $23,195.25 | $285.72 | $0.00 | $131.15 | $23,612.12 |
| 69 | $23,612.12 | $285.72 | $0.00 | $133.51 | $24,031.35 |
| 70 | $24,031.35 | $285.72 | $0.00 | $135.88 | $24,452.95 |
| 71 | $24,452.95 | $285.72 | $0.00 | $138.26 | $24,876.93 |
| 72 | $24,876.93 | $285.72 | $0.00 | $140.66 | $25,303.31 |
| 73 | $25,303.31 | $285.72 | $0.00 | $143.07 | $25,732.10 |
| 74 | $25,732.10 | $285.72 | $0.00 | $145.49 | $26,163.31 |
| 75 | $26,163.31 | $285.72 | $0.00 | $147.93 | $26,596.96 |
| 76 | $26,596.96 | $285.72 | $0.00 | $150.38 | $27,033.06 |
| 77 | $27,033.06 | $285.72 | $0.00 | $152.85 | $27,471.63 |
| 78 | $27,471.63 | $285.72 | $0.00 | $155.33 | $27,912.68 |
| 79 | $27,912.68 | $285.72 | $0.00 | $157.82 | $28,356.22 |
| 80 | $28,356.22 | $285.72 | $0.00 | $160.33 | $28,802.27 |
| 81 | $28,802.27 | $285.72 | $0.00 | $162.85 | $29,250.84 |
| 82 | $29,250.84 | $285.72 | $0.00 | $165.39 | $29,701.95 |
| 83 | $29,701.95 | $285.72 | $0.00 | $167.94 | $30,155.61 |
| 84 | $30,155.61 | $285.72 | $0.00 | $170.50 | $30,611.83 |
| 85 | $30,611.83 | $285.72 | $0.00 | $173.08 | $31,070.63 |
| 86 | $31,070.63 | $285.72 | $0.00 | $175.68 | $31,532.03 |
| 87 | $31,532.03 | $285.72 | $0.00 | $178.29 | $31,996.04 |
| 88 | $31,996.04 | $285.72 | $0.00 | $180.91 | $32,462.67 |
| 89 | $32,462.67 | $285.72 | $0.00 | $183.55 | $32,931.94 |
| 90 | $32,931.94 | $285.72 | $0.00 | $186.20 | $33,403.86 |
| 91 | $33,403.86 | $285.72 | $0.00 | $188.87 | $33,878.45 |
| 92 | $33,878.45 | $285.72 | $0.00 | $191.55 | $34,355.72 |
| 93 | $34,355.72 | $285.72 | $0.00 | $194.25 | $34,835.69 |
| 94 | $34,835.69 | $285.72 | $0.00 | $196.97 | $35,318.38 |
| 95 | $35,318.38 | $285.72 | $0.00 | $199.70 | $35,803.80 |
| 96 | $35,803.80 | $285.72 | $0.00 | $202.44 | $36,291.96 |
| 97 | $36,291.96 | $285.72 | $0.00 | $205.20 | $36,782.88 |
| 98 | $36,782.88 | $285.72 | $0.00 | $207.98 | $37,276.58 |
| 99 | $37,276.58 | $285.72 | $0.00 | $210.77 | $37,773.07 |
| 100 | $37,773.07 | $285.72 | $0.00 | $213.57 | $38,272.36 |
| 101 | $38,272.36 | $285.72 | $0.00 | $216.40 | $38,774.48 |
| 102 | $38,774.48 | $285.72 | $0.00 | $219.24 | $39,279.44 |
| 103 | $39,279.44 | $285.72 | $0.00 | $222.09 | $39,787.25 |
| 104 | $39,787.25 | $285.72 | $0.00 | $224.96 | $40,297.93 |
| 105 | $40,297.93 | $285.72 | $0.00 | $227.85 | $40,811.50 |
| 106 | $40,811.50 | $285.72 | $0.00 | $230.75 | $41,327.97 |
| 107 | $41,327.97 | $285.72 | $0.00 | $233.67 | $41,847.36 |
| 108 | $41,847.36 | $285.72 | $0.00 | $236.61 | $42,369.69 |
| 109 | $42,369.69 | $285.72 | $0.00 | $239.56 | $42,894.97 |
| 110 | $42,894.97 | $285.72 | $0.00 | $242.53 | $43,423.22 |
| 111 | $43,423.22 | $285.72 | $0.00 | $245.52 | $43,954.46 |
| 112 | $43,954.46 | $285.72 | $0.00 | $248.52 | $44,488.70 |
| 113 | $44,488.70 | $285.72 | $0.00 | $251.55 | $45,025.97 |
| 114 | $45,025.97 | $285.72 | $0.00 | $254.58 | $45,566.27 |
| 115 | $45,566.27 | $285.72 | $0.00 | $257.64 | $46,109.63 |
| 116 | $46,109.63 | $285.72 | $0.00 | $260.71 | $46,656.06 |
| 117 | $46,656.06 | $285.72 | $0.00 | $263.80 | $47,205.58 |
| 118 | $47,205.58 | $285.72 | $0.00 | $266.91 | $47,758.21 |
| 119 | $47,758.21 | $285.72 | $0.00 | $270.03 | $48,313.96 |
| 120 | $48,313.96 | $285.72 | $0.00 | $273.17 | $48,872.85 |
| 121 | $48,872.85 | $285.72 | $0.00 | $276.33 | $49,434.90 |
| 122 | $49,434.90 | $285.72 | $0.00 | $279.51 | $50,000.13 |
| 123 | $50,000.13 | $285.72 | $0.00 | $282.71 | $50,568.56 |
| 124 | $50,568.56 | $285.72 | $0.00 | $285.92 | $51,140.20 |
| 125 | $51,140.20 | $285.72 | $0.00 | $289.15 | $51,715.07 |
| 126 | $51,715.07 | $285.72 | $0.00 | $292.40 | $52,293.19 |
| 127 | $52,293.19 | $285.72 | $0.00 | $295.67 | $52,874.58 |
| 128 | $52,874.58 | $285.72 | $0.00 | $298.96 | $53,459.26 |
| 129 | $53,459.26 | $285.72 | $0.00 | $302.27 | $54,047.25 |
| 130 | $54,047.25 | $285.72 | $0.00 | $305.59 | $54,638.56 |
| 131 | $54,638.56 | $285.72 | $0.00 | $308.93 | $55,233.21 |
| 132 | $55,233.21 | $285.72 | $0.00 | $312.30 | $55,831.23 |
| 133 | $55,831.23 | $285.72 | $0.00 | $315.68 | $56,432.63 |
| 134 | $56,432.63 | $285.72 | $0.00 | $319.08 | $57,037.43 |
| 135 | $57,037.43 | $285.72 | $0.00 | $322.50 | $57,645.65 |
| 136 | $57,645.65 | $285.72 | $0.00 | $325.94 | $58,257.31 |
| 137 | $58,257.31 | $285.72 | $0.00 | $329.40 | $58,872.43 |
| 138 | $58,872.43 | $285.72 | $0.00 | $332.87 | $59,491.02 |
| 139 | $59,491.02 | $285.72 | $0.00 | $336.37 | $60,113.11 |
| 140 | $60,113.11 | $285.72 | $0.00 | $339.89 | $60,738.72 |
| 141 | $60,738.72 | $285.72 | $0.00 | $343.43 | $61,367.87 |
| 142 | $61,367.87 | $285.72 | $0.00 | $346.98 | $62,000.57 |
| 143 | $62,000.57 | $285.72 | $0.00 | $350.56 | $62,636.85 |
| 144 | $62,636.85 | $285.72 | $0.00 | $354.16 | $63,276.73 |
| 145 | $63,276.73 | $285.72 | $0.00 | $357.78 | $63,920.23 |
| 146 | $63,920.23 | $285.72 | $0.00 | $361.41 | $64,567.36 |
| 147 | $64,567.36 | $285.72 | $0.00 | $365.07 | $65,218.15 |
| 148 | $65,218.15 | $285.72 | $0.00 | $368.75 | $65,872.62 |
| 149 | $65,872.62 | $285.72 | $0.00 | $372.45 | $66,530.79 |
| 150 | $66,530.79 | $285.72 | $0.00 | $376.17 | $67,192.68 |
| 151 | $67,192.68 | $285.72 | $0.00 | $379.92 | $67,858.32 |
| 152 | $67,858.32 | $285.72 | $0.00 | $383.68 | $68,527.72 |
| 153 | $68,527.72 | $285.72 | $0.00 | $387.47 | $69,200.91 |
| 154 | $69,200.91 | $285.72 | $0.00 | $391.27 | $69,877.90 |
| 155 | $69,877.90 | $285.72 | $0.00 | $395.10 | $70,558.72 |
| 156 | $70,558.72 | $285.72 | $0.00 | $398.95 | $71,243.39 |
| 157 | $71,243.39 | $285.72 | $0.00 | $402.82 | $71,931.93 |
| 158 | $71,931.93 | $285.72 | $0.00 | $406.71 | $72,624.36 |
| 159 | $72,624.36 | $285.72 | $0.00 | $410.63 | $73,320.71 |
| 160 | $73,320.71 | $285.72 | $0.00 | $414.57 | $74,021.00 |
| 161 | $74,021.00 | $285.72 | $0.00 | $418.53 | $74,725.25 |
| 162 | $74,725.25 | $285.72 | $0.00 | $422.51 | $75,433.48 |
| 163 | $75,433.48 | $285.72 | $0.00 | $426.51 | $76,145.71 |
| 164 | $76,145.71 | $285.72 | $0.00 | $430.54 | $76,861.97 |
| 165 | $76,861.97 | $285.72 | $0.00 | $434.59 | $77,582.28 |
| 166 | $77,582.28 | $285.72 | $0.00 | $438.66 | $78,306.66 |
| 167 | $78,306.66 | $285.72 | $0.00 | $442.76 | $79,035.14 |
| 168 | $79,035.14 | $285.72 | $0.00 | $446.88 | $79,767.74 |
| 169 | $79,767.74 | $285.72 | $0.00 | $451.02 | $80,504.48 |
| 170 | $80,504.48 | $285.72 | $0.00 | $455.18 | $81,245.38 |
| 171 | $81,245.38 | $285.72 | $0.00 | $459.37 | $81,990.47 |
| 172 | $81,990.47 | $285.72 | $0.00 | $463.59 | $82,739.78 |
| 173 | $82,739.78 | $285.72 | $0.00 | $467.82 | $83,493.32 |
| 174 | $83,493.32 | $285.72 | $0.00 | $472.08 | $84,251.12 |
| 175 | $84,251.12 | $285.72 | $0.00 | $476.37 | $85,013.21 |
| 176 | $85,013.21 | $285.72 | $0.00 | $480.68 | $85,779.61 |
| 177 | $85,779.61 | $285.72 | $0.00 | $485.01 | $86,550.34 |
| 178 | $86,550.34 | $285.72 | $0.00 | $489.37 | $87,325.43 |
| 179 | $87,325.43 | $285.72 | $0.00 | $493.75 | $88,104.90 |
| 180 | $88,104.90 | $285.72 | $0.00 | $498.16 | $88,888.78 |
| 181 | $88,888.78 | $285.72 | $0.00 | $502.59 | $89,677.09 |
| 182 | $89,677.09 | $285.72 | $0.00 | $507.05 | $90,469.86 |
| 183 | $90,469.86 | $285.72 | $0.00 | $511.53 | $91,267.11 |
| 184 | $91,267.11 | $285.72 | $0.00 | $516.04 | $92,068.87 |
| 185 | $92,068.87 | $285.72 | $0.00 | $520.57 | $92,875.16 |
| 186 | $92,875.16 | $285.72 | $0.00 | $525.13 | $93,686.01 |
| 187 | $93,686.01 | $285.72 | $0.00 | $529.71 | $94,501.44 |
| 188 | $94,501.44 | $285.72 | $0.00 | $534.32 | $95,321.48 |
| 189 | $95,321.48 | $285.72 | $0.00 | $538.96 | $96,146.16 |
| 190 | $96,146.16 | $285.72 | $0.00 | $543.62 | $96,975.50 |
| 191 | $96,975.50 | $285.72 | $0.00 | $548.31 | $97,809.53 |
| 192 | $97,809.53 | $285.72 | $0.00 | $553.03 | $98,648.28 |
| 193 | $98,648.28 | $285.72 | $0.00 | $557.77 | $99,491.77 |
| 194 | $99,491.77 | $285.72 | $0.00 | $562.54 | $100,340.03 |
| 195 | $100,340.03 | $285.72 | $0.00 | $567.34 | $101,193.09 |
| 196 | $101,193.09 | $285.72 | $0.00 | $572.16 | $102,050.97 |
| 197 | $102,050.97 | $285.72 | $0.00 | $577.01 | $102,913.70 |
| 198 | $102,913.70 | $285.72 | $0.00 | $581.89 | $103,781.31 |
| 199 | $103,781.31 | $285.72 | $0.00 | $586.79 | $104,653.82 |
| 200 | $104,653.82 | $285.72 | $0.00 | $591.73 | $105,531.27 |
| 201 | $105,531.27 | $285.72 | $0.00 | $596.69 | $106,413.68 |
| 202 | $106,413.68 | $285.72 | $0.00 | $601.68 | $107,301.08 |
| 203 | $107,301.08 | $285.72 | $0.00 | $606.70 | $108,193.50 |
| 204 | $108,193.50 | $285.72 | $0.00 | $611.74 | $109,090.96 |
| 205 | $109,090.96 | $285.72 | $0.00 | $616.82 | $109,993.50 |
| 206 | $109,993.50 | $285.72 | $0.00 | $621.92 | $110,901.14 |
| 207 | $110,901.14 | $285.72 | $0.00 | $627.05 | $111,813.91 |
| 208 | $111,813.91 | $285.72 | $0.00 | $632.21 | $112,731.84 |
| 209 | $112,731.84 | $285.72 | $0.00 | $637.40 | $113,654.96 |
| 210 | $113,654.96 | $285.72 | $0.00 | $642.62 | $114,583.30 |
| 211 | $114,583.30 | $285.72 | $0.00 | $647.87 | $115,516.89 |
| 212 | $115,516.89 | $285.72 | $0.00 | $653.15 | $116,455.76 |
| 213 | $116,455.76 | $285.72 | $0.00 | $658.46 | $117,399.94 |
| 214 | $117,399.94 | $285.72 | $0.00 | $663.80 | $118,349.46 |
| 215 | $118,349.46 | $285.72 | $0.00 | $669.17 | $119,304.35 |
| 216 | $119,304.35 | $285.72 | $0.00 | $674.56 | $120,264.63 |
| 217 | $120,264.63 | $285.72 | $62,136.67 | $679.99 | $59,093.67 |
| 218 | $59,093.67 | $285.72 | $0.00 | $334.12 | $59,713.51 |
| 219 | $59,713.51 | $285.72 | $0.00 | $337.63 | $60,336.86 |
| 220 | $60,336.86 | $285.72 | $0.00 | $341.15 | $60,963.73 |
| 221 | $60,963.73 | $285.72 | $0.00 | $344.70 | $61,594.15 |
| 222 | $61,594.15 | $285.72 | $0.00 | $348.26 | $62,228.13 |
| 223 | $62,228.13 | $285.72 | $0.00 | $351.85 | $62,865.70 |
| 224 | $62,865.70 | $285.72 | $0.00 | $355.45 | $63,506.87 |
| 225 | $63,506.87 | $285.72 | $0.00 | $359.08 | $64,151.67 |
| 226 | $64,151.67 | $285.72 | $0.00 | $362.72 | $64,800.11 |
| 227 | $64,800.11 | $285.72 | $0.00 | $366.39 | $65,452.22 |
| 228 | $65,452.22 | $285.72 | $0.00 | $370.08 | $66,108.02 |
| 229 | $66,108.02 | $0.00 | $66,486.24 | $373.78 | -$4.44 |