Savings Plan and Future Cost Estimation for Nova Southeastern University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$142,398
Monthly savings required$1,127

How much will it cost to send your child to Nova Southeastern University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $569,592.83 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,127.21 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$54,912.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,127.21 $0.00 $0.00 $1,127.21
2 $1,127.21 $1,127.21 $0.00 $6.37 $2,260.79
3 $2,260.79 $1,127.21 $0.00 $12.78 $3,400.78
4 $3,400.78 $1,127.21 $0.00 $19.23 $4,547.22
5 $4,547.22 $1,127.21 $0.00 $25.71 $5,700.14
6 $5,700.14 $1,127.21 $0.00 $32.23 $6,859.58
7 $6,859.58 $1,127.21 $0.00 $38.79 $8,025.58
8 $8,025.58 $1,127.21 $0.00 $45.38 $9,198.17
9 $9,198.17 $1,127.21 $0.00 $52.01 $10,377.39
10 $10,377.39 $1,127.21 $0.00 $58.68 $11,563.28
11 $11,563.28 $1,127.21 $0.00 $65.38 $12,755.87
12 $12,755.87 $1,127.21 $0.00 $72.12 $13,955.20
13 $13,955.20 $1,127.21 $0.00 $78.90 $15,161.31
14 $15,161.31 $1,127.21 $0.00 $85.72 $16,374.24
15 $16,374.24 $1,127.21 $0.00 $92.58 $17,594.03
16 $17,594.03 $1,127.21 $0.00 $99.48 $18,820.72
17 $18,820.72 $1,127.21 $0.00 $106.42 $20,054.35
18 $20,054.35 $1,127.21 $0.00 $113.39 $21,294.95
19 $21,294.95 $1,127.21 $0.00 $120.40 $22,542.56
20 $22,542.56 $1,127.21 $0.00 $127.46 $23,797.23
21 $23,797.23 $1,127.21 $0.00 $134.55 $25,058.99
22 $25,058.99 $1,127.21 $0.00 $141.69 $26,327.89
23 $26,327.89 $1,127.21 $0.00 $148.86 $27,603.96
24 $27,603.96 $1,127.21 $0.00 $156.08 $28,887.25
25 $28,887.25 $1,127.21 $0.00 $163.33 $30,177.79
26 $30,177.79 $1,127.21 $0.00 $170.63 $31,475.63
27 $31,475.63 $1,127.21 $0.00 $177.97 $32,780.81
28 $32,780.81 $1,127.21 $0.00 $185.35 $34,093.37
29 $34,093.37 $1,127.21 $0.00 $192.77 $35,413.35
30 $35,413.35 $1,127.21 $0.00 $200.23 $36,740.79
31 $36,740.79 $1,127.21 $0.00 $207.74 $38,075.74
32 $38,075.74 $1,127.21 $0.00 $215.29 $39,418.24
33 $39,418.24 $1,127.21 $0.00 $222.88 $40,768.33
34 $40,768.33 $1,127.21 $0.00 $230.51 $42,126.05
35 $42,126.05 $1,127.21 $0.00 $238.19 $43,491.45
36 $43,491.45 $1,127.21 $0.00 $245.91 $44,864.57
37 $44,864.57 $1,127.21 $0.00 $253.67 $46,245.45
38 $46,245.45 $1,127.21 $0.00 $261.48 $47,634.14
39 $47,634.14 $1,127.21 $0.00 $269.33 $49,030.68
40 $49,030.68 $1,127.21 $0.00 $277.23 $50,435.12
41 $50,435.12 $1,127.21 $0.00 $285.17 $51,847.50
42 $51,847.50 $1,127.21 $0.00 $293.15 $53,267.86
43 $53,267.86 $1,127.21 $0.00 $301.18 $54,696.25
44 $54,696.25 $1,127.21 $0.00 $309.26 $56,132.72
45 $56,132.72 $1,127.21 $0.00 $317.38 $57,577.31
46 $57,577.31 $1,127.21 $0.00 $325.55 $59,030.07
47 $59,030.07 $1,127.21 $0.00 $333.76 $60,491.04
48 $60,491.04 $1,127.21 $0.00 $342.03 $61,960.28
49 $61,960.28 $1,127.21 $0.00 $350.33 $63,437.82
50 $63,437.82 $1,127.21 $0.00 $358.69 $64,923.72
51 $64,923.72 $1,127.21 $0.00 $367.09 $66,418.02
52 $66,418.02 $1,127.21 $0.00 $375.54 $67,920.77
53 $67,920.77 $1,127.21 $0.00 $384.03 $69,432.01
54 $69,432.01 $1,127.21 $0.00 $392.58 $70,951.80
55 $70,951.80 $1,127.21 $0.00 $401.17 $72,480.18
56 $72,480.18 $1,127.21 $0.00 $409.81 $74,017.20
57 $74,017.20 $1,127.21 $0.00 $418.50 $75,562.91
58 $75,562.91 $1,127.21 $0.00 $427.24 $77,117.36
59 $77,117.36 $1,127.21 $0.00 $436.03 $78,680.60
60 $78,680.60 $1,127.21 $0.00 $444.87 $80,252.68
61 $80,252.68 $1,127.21 $0.00 $453.76 $81,833.65
62 $81,833.65 $1,127.21 $0.00 $462.70 $83,423.56
63 $83,423.56 $1,127.21 $0.00 $471.69 $85,022.46
64 $85,022.46 $1,127.21 $0.00 $480.73 $86,630.40
65 $86,630.40 $1,127.21 $0.00 $489.82 $88,247.43
66 $88,247.43 $1,127.21 $0.00 $498.96 $89,873.60
67 $89,873.60 $1,127.21 $0.00 $508.16 $91,508.97
68 $91,508.97 $1,127.21 $0.00 $517.41 $93,153.59
69 $93,153.59 $1,127.21 $0.00 $526.70 $94,807.50
70 $94,807.50 $1,127.21 $0.00 $536.06 $96,470.77
71 $96,470.77 $1,127.21 $0.00 $545.46 $98,143.44
72 $98,143.44 $1,127.21 $0.00 $554.92 $99,825.57
73 $99,825.57 $1,127.21 $0.00 $564.43 $101,517.21
74 $101,517.21 $1,127.21 $0.00 $573.99 $103,218.41
75 $103,218.41 $1,127.21 $0.00 $583.61 $104,929.23
76 $104,929.23 $1,127.21 $0.00 $593.29 $106,649.73
77 $106,649.73 $1,127.21 $0.00 $603.01 $108,379.95
78 $108,379.95 $1,127.21 $0.00 $612.80 $110,119.96
79 $110,119.96 $1,127.21 $0.00 $622.63 $111,869.80
80 $111,869.80 $1,127.21 $0.00 $632.53 $113,629.54
81 $113,629.54 $1,127.21 $0.00 $642.48 $115,399.23
82 $115,399.23 $1,127.21 $0.00 $652.48 $117,178.92
83 $117,178.92 $1,127.21 $0.00 $662.55 $118,968.68
84 $118,968.68 $1,127.21 $0.00 $672.67 $120,768.56
85 $120,768.56 $1,127.21 $0.00 $682.84 $122,578.61
86 $122,578.61 $1,127.21 $0.00 $693.08 $124,398.90
87 $124,398.90 $1,127.21 $0.00 $703.37 $126,229.48
88 $126,229.48 $1,127.21 $0.00 $713.72 $128,070.41
89 $128,070.41 $1,127.21 $0.00 $724.13 $129,921.75
90 $129,921.75 $1,127.21 $0.00 $734.60 $131,783.56
91 $131,783.56 $1,127.21 $0.00 $745.12 $133,655.89
92 $133,655.89 $1,127.21 $0.00 $755.71 $135,538.81
93 $135,538.81 $1,127.21 $0.00 $766.36 $137,432.38
94 $137,432.38 $1,127.21 $0.00 $777.06 $139,336.65
95 $139,336.65 $1,127.21 $0.00 $787.83 $141,251.69
96 $141,251.69 $1,127.21 $0.00 $798.66 $143,177.56
97 $143,177.56 $1,127.21 $0.00 $809.55 $145,114.32
98 $145,114.32 $1,127.21 $0.00 $820.50 $147,062.03
99 $147,062.03 $1,127.21 $0.00 $831.51 $149,020.75
100 $149,020.75 $1,127.21 $0.00 $842.58 $150,990.54
101 $150,990.54 $1,127.21 $0.00 $853.72 $152,971.47
102 $152,971.47 $1,127.21 $0.00 $864.92 $154,963.60
103 $154,963.60 $1,127.21 $0.00 $876.19 $156,967.00
104 $156,967.00 $1,127.21 $0.00 $887.51 $158,981.72
105 $158,981.72 $1,127.21 $0.00 $898.91 $161,007.84
106 $161,007.84 $1,127.21 $0.00 $910.36 $163,045.41
107 $163,045.41 $1,127.21 $0.00 $921.88 $165,094.50
108 $165,094.50 $1,127.21 $0.00 $933.47 $167,155.18
109 $167,155.18 $1,127.21 $0.00 $945.12 $169,227.51
110 $169,227.51 $1,127.21 $0.00 $956.84 $171,311.56
111 $171,311.56 $1,127.21 $0.00 $968.62 $173,407.39
112 $173,407.39 $1,127.21 $0.00 $980.47 $175,515.07
113 $175,515.07 $1,127.21 $0.00 $992.39 $177,634.67
114 $177,634.67 $1,127.21 $0.00 $1,004.37 $179,766.25
115 $179,766.25 $1,127.21 $0.00 $1,016.42 $181,909.88
116 $181,909.88 $1,127.21 $0.00 $1,028.54 $184,065.63
117 $184,065.63 $1,127.21 $0.00 $1,040.73 $186,233.57
118 $186,233.57 $1,127.21 $0.00 $1,052.99 $188,413.77
119 $188,413.77 $1,127.21 $0.00 $1,065.32 $190,606.30
120 $190,606.30 $1,127.21 $0.00 $1,077.72 $192,811.23
121 $192,811.23 $1,127.21 $0.00 $1,090.18 $195,028.62
122 $195,028.62 $1,127.21 $0.00 $1,102.72 $197,258.55
123 $197,258.55 $1,127.21 $0.00 $1,115.33 $199,501.09
124 $199,501.09 $1,127.21 $0.00 $1,128.01 $201,756.31
125 $201,756.31 $1,127.21 $0.00 $1,140.76 $204,024.28
126 $204,024.28 $1,127.21 $0.00 $1,153.58 $206,305.07
127 $206,305.07 $1,127.21 $0.00 $1,166.48 $208,598.76
128 $208,598.76 $1,127.21 $0.00 $1,179.45 $210,905.42
129 $210,905.42 $1,127.21 $0.00 $1,192.49 $213,225.12
130 $213,225.12 $1,127.21 $0.00 $1,205.61 $215,557.94
131 $215,557.94 $1,127.21 $0.00 $1,218.80 $217,903.95
132 $217,903.95 $1,127.21 $0.00 $1,232.06 $220,263.22
133 $220,263.22 $1,127.21 $0.00 $1,245.40 $222,635.83
134 $222,635.83 $1,127.21 $0.00 $1,258.82 $225,021.86
135 $225,021.86 $1,127.21 $0.00 $1,272.31 $227,421.38
136 $227,421.38 $1,127.21 $0.00 $1,285.87 $229,834.46
137 $229,834.46 $1,127.21 $0.00 $1,299.52 $232,261.19
138 $232,261.19 $1,127.21 $0.00 $1,313.24 $234,701.64
139 $234,701.64 $1,127.21 $0.00 $1,327.04 $237,155.89
140 $237,155.89 $1,127.21 $0.00 $1,340.91 $239,624.01
141 $239,624.01 $1,127.21 $0.00 $1,354.87 $242,106.09
142 $242,106.09 $1,127.21 $0.00 $1,368.90 $244,602.20
143 $244,602.20 $1,127.21 $0.00 $1,383.02 $247,112.43
144 $247,112.43 $1,127.21 $0.00 $1,397.21 $249,636.85
145 $249,636.85 $1,127.21 $0.00 $1,411.48 $252,175.54
146 $252,175.54 $1,127.21 $0.00 $1,425.84 $254,728.59
147 $254,728.59 $1,127.21 $0.00 $1,440.27 $257,296.07
148 $257,296.07 $1,127.21 $0.00 $1,454.79 $259,878.07
149 $259,878.07 $1,127.21 $0.00 $1,469.39 $262,474.67
150 $262,474.67 $1,127.21 $0.00 $1,484.07 $265,085.95
151 $265,085.95 $1,127.21 $0.00 $1,498.83 $267,711.99
152 $267,711.99 $1,127.21 $0.00 $1,513.68 $270,352.88
153 $270,352.88 $1,127.21 $0.00 $1,528.61 $273,008.70
154 $273,008.70 $1,127.21 $0.00 $1,543.63 $275,679.54
155 $275,679.54 $1,127.21 $0.00 $1,558.73 $278,365.48
156 $278,365.48 $1,127.21 $0.00 $1,573.92 $281,066.61
157 $281,066.61 $1,127.21 $0.00 $1,589.19 $283,783.01
158 $283,783.01 $1,127.21 $0.00 $1,604.55 $286,514.77
159 $286,514.77 $1,127.21 $0.00 $1,620.00 $289,261.98
160 $289,261.98 $1,127.21 $0.00 $1,635.53 $292,024.72
161 $292,024.72 $1,127.21 $0.00 $1,651.15 $294,803.08
162 $294,803.08 $1,127.21 $0.00 $1,666.86 $297,597.15
163 $297,597.15 $1,127.21 $0.00 $1,682.66 $300,407.02
164 $300,407.02 $1,127.21 $0.00 $1,698.54 $303,232.77
165 $303,232.77 $1,127.21 $0.00 $1,714.52 $306,074.50
166 $306,074.50 $1,127.21 $0.00 $1,730.59 $308,932.30
167 $308,932.30 $1,127.21 $0.00 $1,746.75 $311,806.26
168 $311,806.26 $1,127.21 $0.00 $1,763.00 $314,696.47
169 $314,696.47 $1,127.21 $0.00 $1,779.34 $317,603.02
170 $317,603.02 $1,127.21 $0.00 $1,795.77 $320,526.00
171 $320,526.00 $1,127.21 $0.00 $1,812.30 $323,465.51
172 $323,465.51 $1,127.21 $0.00 $1,828.92 $326,421.64
173 $326,421.64 $1,127.21 $0.00 $1,845.64 $329,394.49
174 $329,394.49 $1,127.21 $0.00 $1,862.44 $332,384.14
175 $332,384.14 $1,127.21 $0.00 $1,879.35 $335,390.70
176 $335,390.70 $1,127.21 $0.00 $1,896.35 $338,414.26
177 $338,414.26 $1,127.21 $0.00 $1,913.44 $341,454.91
178 $341,454.91 $1,127.21 $0.00 $1,930.64 $344,512.76
179 $344,512.76 $1,127.21 $0.00 $1,947.93 $347,587.90
180 $347,587.90 $1,127.21 $0.00 $1,965.31 $350,680.42
181 $350,680.42 $1,127.21 $0.00 $1,982.80 $353,790.43
182 $353,790.43 $1,127.21 $0.00 $2,000.38 $356,918.02
183 $356,918.02 $1,127.21 $0.00 $2,018.07 $360,063.30
184 $360,063.30 $1,127.21 $0.00 $2,035.85 $363,226.36
185 $363,226.36 $1,127.21 $0.00 $2,053.73 $366,407.30
186 $366,407.30 $1,127.21 $0.00 $2,071.72 $369,606.23
187 $369,606.23 $1,127.21 $0.00 $2,089.81 $372,823.25
188 $372,823.25 $1,127.21 $0.00 $2,108.00 $376,058.46
189 $376,058.46 $1,127.21 $0.00 $2,126.29 $379,311.96
190 $379,311.96 $1,127.21 $0.00 $2,144.68 $382,583.85
191 $382,583.85 $1,127.21 $0.00 $2,163.18 $385,874.24
192 $385,874.24 $1,127.21 $0.00 $2,181.79 $389,183.24
193 $389,183.24 $1,127.21 $0.00 $2,200.50 $392,510.95
194 $392,510.95 $1,127.21 $0.00 $2,219.31 $395,857.47
195 $395,857.47 $1,127.21 $0.00 $2,238.24 $399,222.92
196 $399,222.92 $1,127.21 $0.00 $2,257.26 $402,607.39
197 $402,607.39 $1,127.21 $0.00 $2,276.40 $406,011.00
198 $406,011.00 $1,127.21 $0.00 $2,295.65 $409,433.86
199 $409,433.86 $1,127.21 $0.00 $2,315.00 $412,876.07
200 $412,876.07 $1,127.21 $0.00 $2,334.46 $416,337.74
201 $416,337.74 $1,127.21 $0.00 $2,354.03 $419,818.98
202 $419,818.98 $1,127.21 $0.00 $2,373.72 $423,319.91
203 $423,319.91 $1,127.21 $0.00 $2,393.51 $426,840.63
204 $426,840.63 $1,127.21 $0.00 $2,413.42 $430,381.26
205 $430,381.26 $1,127.21 $0.00 $2,433.44 $433,941.91
206 $433,941.91 $1,127.21 $0.00 $2,453.57 $437,522.69
207 $437,522.69 $1,127.21 $0.00 $2,473.82 $441,123.72
208 $441,123.72 $1,127.21 $0.00 $2,494.18 $444,745.11
209 $444,745.11 $1,127.21 $0.00 $2,514.65 $448,386.97
210 $448,386.97 $1,127.21 $0.00 $2,535.25 $452,049.43
211 $452,049.43 $1,127.21 $0.00 $2,555.95 $455,732.59
212 $455,732.59 $1,127.21 $0.00 $2,576.78 $459,436.58
213 $459,436.58 $1,127.21 $0.00 $2,597.72 $463,161.51
214 $463,161.51 $1,127.21 $0.00 $2,618.78 $466,907.50
215 $466,907.50 $1,127.21 $0.00 $2,639.96 $470,674.67
216 $470,674.67 $1,127.21 $0.00 $2,661.26 $474,463.14
217 $474,463.14 $1,127.21 $132,152.28 $2,682.68 $346,120.75
218 $346,120.75 $1,127.21 $0.00 $1,957.02 $349,204.98
219 $349,204.98 $1,127.21 $0.00 $1,974.46 $352,306.65
220 $352,306.65 $1,127.21 $0.00 $1,991.99 $355,425.85
221 $355,425.85 $1,127.21 $0.00 $2,009.63 $358,562.69
222 $358,562.69 $1,127.21 $0.00 $2,027.37 $361,717.27
223 $361,717.27 $1,127.21 $0.00 $2,045.20 $364,889.68
224 $364,889.68 $1,127.21 $0.00 $2,063.14 $368,080.03
225 $368,080.03 $1,127.21 $0.00 $2,081.18 $371,288.42
226 $371,288.42 $1,127.21 $0.00 $2,099.32 $374,514.95
227 $374,514.95 $1,127.21 $0.00 $2,117.56 $377,759.72
228 $377,759.72 $1,127.21 $0.00 $2,135.91 $381,022.84
229 $381,022.84 $1,127.21 $138,759.89 $2,154.36 $245,544.52
230 $245,544.52 $1,127.21 $0.00 $1,388.34 $248,060.07
231 $248,060.07 $1,127.21 $0.00 $1,402.57 $250,589.85
232 $250,589.85 $1,127.21 $0.00 $1,416.87 $253,133.93
233 $253,133.93 $1,127.21 $0.00 $1,431.26 $255,692.40
234 $255,692.40 $1,127.21 $0.00 $1,445.72 $258,265.33
235 $258,265.33 $1,127.21 $0.00 $1,460.27 $260,852.81
236 $260,852.81 $1,127.21 $0.00 $1,474.90 $263,454.92
237 $263,454.92 $1,127.21 $0.00 $1,489.61 $266,071.74
238 $266,071.74 $1,127.21 $0.00 $1,504.41 $268,703.36
239 $268,703.36 $1,127.21 $0.00 $1,519.29 $271,349.86
240 $271,349.86 $1,127.21 $0.00 $1,534.25 $274,011.32
241 $274,011.32 $1,127.21 $145,697.88 $1,549.30 $130,989.95
242 $130,989.95 $1,127.21 $0.00 $740.64 $132,857.80
243 $132,857.80 $1,127.21 $0.00 $751.20 $134,736.21
244 $134,736.21 $1,127.21 $0.00 $761.82 $136,625.24
245 $136,625.24 $1,127.21 $0.00 $772.50 $138,524.95
246 $138,524.95 $1,127.21 $0.00 $783.24 $140,435.40
247 $140,435.40 $1,127.21 $0.00 $794.04 $142,356.65
248 $142,356.65 $1,127.21 $0.00 $804.91 $144,288.77
249 $144,288.77 $1,127.21 $0.00 $815.83 $146,231.81
250 $146,231.81 $1,127.21 $0.00 $826.82 $148,185.84
251 $148,185.84 $1,127.21 $0.00 $837.86 $150,150.91
252 $150,150.91 $1,127.21 $0.00 $848.98 $152,127.10
253 $152,127.10 $0.00 $152,982.78 $860.15 $4.47