Savings Plan and Future Cost Estimation for Rollins College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$181,592
Monthly savings required$1,437

How much will it cost to send your child to Rollins College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $726,367.77 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,437.45 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$70,026.00
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 $1,437.45 $0.00 $0.00 $1,437.45
2 $1,437.45 $1,437.45 $0.00 $8.13 $2,883.03
3 $2,883.03 $1,437.45 $0.00 $16.30 $4,336.78
4 $4,336.78 $1,437.45 $0.00 $24.52 $5,798.75
5 $5,798.75 $1,437.45 $0.00 $32.79 $7,268.99
6 $7,268.99 $1,437.45 $0.00 $41.10 $8,747.54
7 $8,747.54 $1,437.45 $0.00 $49.46 $10,234.45
8 $10,234.45 $1,437.45 $0.00 $57.87 $11,729.77
9 $11,729.77 $1,437.45 $0.00 $66.32 $13,233.54
10 $13,233.54 $1,437.45 $0.00 $74.82 $14,745.81
11 $14,745.81 $1,437.45 $0.00 $83.37 $16,266.63
12 $16,266.63 $1,437.45 $0.00 $91.97 $17,796.05
13 $17,796.05 $1,437.45 $0.00 $100.62 $19,334.12
14 $19,334.12 $1,437.45 $0.00 $109.32 $20,880.89
15 $20,880.89 $1,437.45 $0.00 $118.06 $22,436.40
16 $22,436.40 $1,437.45 $0.00 $126.86 $24,000.71
17 $24,000.71 $1,437.45 $0.00 $135.70 $25,573.86
18 $25,573.86 $1,437.45 $0.00 $144.60 $27,155.91
19 $27,155.91 $1,437.45 $0.00 $153.54 $28,746.90
20 $28,746.90 $1,437.45 $0.00 $162.54 $30,346.89
21 $30,346.89 $1,437.45 $0.00 $171.59 $31,955.93
22 $31,955.93 $1,437.45 $0.00 $180.68 $33,574.06
23 $33,574.06 $1,437.45 $0.00 $189.83 $35,201.34
24 $35,201.34 $1,437.45 $0.00 $199.03 $36,837.82
25 $36,837.82 $1,437.45 $0.00 $208.29 $38,483.56
26 $38,483.56 $1,437.45 $0.00 $217.59 $40,138.60
27 $40,138.60 $1,437.45 $0.00 $226.95 $41,803.00
28 $41,803.00 $1,437.45 $0.00 $236.36 $43,476.81
29 $43,476.81 $1,437.45 $0.00 $245.82 $45,160.08
30 $45,160.08 $1,437.45 $0.00 $255.34 $46,852.87
31 $46,852.87 $1,437.45 $0.00 $264.91 $48,555.23
32 $48,555.23 $1,437.45 $0.00 $274.54 $50,267.22
33 $50,267.22 $1,437.45 $0.00 $284.22 $51,988.89
34 $51,988.89 $1,437.45 $0.00 $293.95 $53,720.29
35 $53,720.29 $1,437.45 $0.00 $303.74 $55,461.48
36 $55,461.48 $1,437.45 $0.00 $313.59 $57,212.52
37 $57,212.52 $1,437.45 $0.00 $323.49 $58,973.46
38 $58,973.46 $1,437.45 $0.00 $333.44 $60,744.35
39 $60,744.35 $1,437.45 $0.00 $343.46 $62,525.26
40 $62,525.26 $1,437.45 $0.00 $353.53 $64,316.24
41 $64,316.24 $1,437.45 $0.00 $363.65 $66,117.34
42 $66,117.34 $1,437.45 $0.00 $373.84 $67,928.63
43 $67,928.63 $1,437.45 $0.00 $384.08 $69,750.16
44 $69,750.16 $1,437.45 $0.00 $394.38 $71,581.99
45 $71,581.99 $1,437.45 $0.00 $404.73 $73,424.17
46 $73,424.17 $1,437.45 $0.00 $415.15 $75,276.77
47 $75,276.77 $1,437.45 $0.00 $425.63 $77,139.85
48 $77,139.85 $1,437.45 $0.00 $436.16 $79,013.46
49 $79,013.46 $1,437.45 $0.00 $446.75 $80,897.66
50 $80,897.66 $1,437.45 $0.00 $457.41 $82,792.52
51 $82,792.52 $1,437.45 $0.00 $468.12 $84,698.09
52 $84,698.09 $1,437.45 $0.00 $478.90 $86,614.44
53 $86,614.44 $1,437.45 $0.00 $489.73 $88,541.62
54 $88,541.62 $1,437.45 $0.00 $500.63 $90,479.70
55 $90,479.70 $1,437.45 $0.00 $511.59 $92,428.74
56 $92,428.74 $1,437.45 $0.00 $522.61 $94,388.80
57 $94,388.80 $1,437.45 $0.00 $533.69 $96,359.94
58 $96,359.94 $1,437.45 $0.00 $544.83 $98,342.22
59 $98,342.22 $1,437.45 $0.00 $556.04 $100,335.71
60 $100,335.71 $1,437.45 $0.00 $567.31 $102,340.47
61 $102,340.47 $1,437.45 $0.00 $578.65 $104,356.57
62 $104,356.57 $1,437.45 $0.00 $590.05 $106,384.07
63 $106,384.07 $1,437.45 $0.00 $601.51 $108,423.03
64 $108,423.03 $1,437.45 $0.00 $613.04 $110,473.52
65 $110,473.52 $1,437.45 $0.00 $624.63 $112,535.60
66 $112,535.60 $1,437.45 $0.00 $636.29 $114,609.34
67 $114,609.34 $1,437.45 $0.00 $648.02 $116,694.81
68 $116,694.81 $1,437.45 $0.00 $659.81 $118,792.07
69 $118,792.07 $1,437.45 $0.00 $671.67 $120,901.19
70 $120,901.19 $1,437.45 $0.00 $683.59 $123,022.23
71 $123,022.23 $1,437.45 $0.00 $695.59 $125,155.27
72 $125,155.27 $1,437.45 $0.00 $707.65 $127,300.37
73 $127,300.37 $1,437.45 $0.00 $719.77 $129,457.59
74 $129,457.59 $1,437.45 $0.00 $731.97 $131,627.01
75 $131,627.01 $1,437.45 $0.00 $744.24 $133,808.70
76 $133,808.70 $1,437.45 $0.00 $756.57 $136,002.72
77 $136,002.72 $1,437.45 $0.00 $768.98 $138,209.15
78 $138,209.15 $1,437.45 $0.00 $781.45 $140,428.05
79 $140,428.05 $1,437.45 $0.00 $794.00 $142,659.50
80 $142,659.50 $1,437.45 $0.00 $806.62 $144,903.57
81 $144,903.57 $1,437.45 $0.00 $819.31 $147,160.33
82 $147,160.33 $1,437.45 $0.00 $832.07 $149,429.85
83 $149,429.85 $1,437.45 $0.00 $844.90 $151,712.20
84 $151,712.20 $1,437.45 $0.00 $857.80 $154,007.45
85 $154,007.45 $1,437.45 $0.00 $870.78 $156,315.68
86 $156,315.68 $1,437.45 $0.00 $883.83 $158,636.96
87 $158,636.96 $1,437.45 $0.00 $896.96 $160,971.37
88 $160,971.37 $1,437.45 $0.00 $910.16 $163,318.98
89 $163,318.98 $1,437.45 $0.00 $923.43 $165,679.86
90 $165,679.86 $1,437.45 $0.00 $936.78 $168,054.09
91 $168,054.09 $1,437.45 $0.00 $950.20 $170,441.74
92 $170,441.74 $1,437.45 $0.00 $963.70 $172,842.89
93 $172,842.89 $1,437.45 $0.00 $977.28 $175,257.62
94 $175,257.62 $1,437.45 $0.00 $990.93 $177,686.00
95 $177,686.00 $1,437.45 $0.00 $1,004.66 $180,128.11
96 $180,128.11 $1,437.45 $0.00 $1,018.47 $182,584.03
97 $182,584.03 $1,437.45 $0.00 $1,032.36 $185,053.84
98 $185,053.84 $1,437.45 $0.00 $1,046.32 $187,537.61
99 $187,537.61 $1,437.45 $0.00 $1,060.36 $190,035.42
100 $190,035.42 $1,437.45 $0.00 $1,074.49 $192,547.36
101 $192,547.36 $1,437.45 $0.00 $1,088.69 $195,073.50
102 $195,073.50 $1,437.45 $0.00 $1,102.97 $197,613.92
103 $197,613.92 $1,437.45 $0.00 $1,117.34 $200,168.71
104 $200,168.71 $1,437.45 $0.00 $1,131.78 $202,737.94
105 $202,737.94 $1,437.45 $0.00 $1,146.31 $205,321.70
106 $205,321.70 $1,437.45 $0.00 $1,160.92 $207,920.07
107 $207,920.07 $1,437.45 $0.00 $1,175.61 $210,533.13
108 $210,533.13 $1,437.45 $0.00 $1,190.38 $213,160.96
109 $213,160.96 $1,437.45 $0.00 $1,205.24 $215,803.65
110 $215,803.65 $1,437.45 $0.00 $1,220.19 $218,461.29
111 $218,461.29 $1,437.45 $0.00 $1,235.21 $221,133.95
112 $221,133.95 $1,437.45 $0.00 $1,250.32 $223,821.72
113 $223,821.72 $1,437.45 $0.00 $1,265.52 $226,524.69
114 $226,524.69 $1,437.45 $0.00 $1,280.80 $229,242.94
115 $229,242.94 $1,437.45 $0.00 $1,296.17 $231,976.56
116 $231,976.56 $1,437.45 $0.00 $1,311.63 $234,725.64
117 $234,725.64 $1,437.45 $0.00 $1,327.17 $237,490.26
118 $237,490.26 $1,437.45 $0.00 $1,342.80 $240,270.51
119 $240,270.51 $1,437.45 $0.00 $1,358.52 $243,066.48
120 $243,066.48 $1,437.45 $0.00 $1,374.33 $245,878.26
121 $245,878.26 $1,437.45 $0.00 $1,390.23 $248,705.94
122 $248,705.94 $1,437.45 $0.00 $1,406.22 $251,549.61
123 $251,549.61 $1,437.45 $0.00 $1,422.30 $254,409.36
124 $254,409.36 $1,437.45 $0.00 $1,438.47 $257,285.28
125 $257,285.28 $1,437.45 $0.00 $1,454.73 $260,177.46
126 $260,177.46 $1,437.45 $0.00 $1,471.08 $263,085.99
127 $263,085.99 $1,437.45 $0.00 $1,487.53 $266,010.97
128 $266,010.97 $1,437.45 $0.00 $1,504.06 $268,952.48
129 $268,952.48 $1,437.45 $0.00 $1,520.70 $271,910.63
130 $271,910.63 $1,437.45 $0.00 $1,537.42 $274,885.50
131 $274,885.50 $1,437.45 $0.00 $1,554.24 $277,877.19
132 $277,877.19 $1,437.45 $0.00 $1,571.16 $280,885.80
133 $280,885.80 $1,437.45 $0.00 $1,588.17 $283,911.42
134 $283,911.42 $1,437.45 $0.00 $1,605.28 $286,954.15
135 $286,954.15 $1,437.45 $0.00 $1,622.48 $290,014.08
136 $290,014.08 $1,437.45 $0.00 $1,639.78 $293,091.31
137 $293,091.31 $1,437.45 $0.00 $1,657.18 $296,185.94
138 $296,185.94 $1,437.45 $0.00 $1,674.68 $299,298.07
139 $299,298.07 $1,437.45 $0.00 $1,692.27 $302,427.79
140 $302,427.79 $1,437.45 $0.00 $1,709.97 $305,575.21
141 $305,575.21 $1,437.45 $0.00 $1,727.77 $308,740.43
142 $308,740.43 $1,437.45 $0.00 $1,745.66 $311,923.54
143 $311,923.54 $1,437.45 $0.00 $1,763.66 $315,124.65
144 $315,124.65 $1,437.45 $0.00 $1,781.76 $318,343.86
145 $318,343.86 $1,437.45 $0.00 $1,799.96 $321,581.27
146 $321,581.27 $1,437.45 $0.00 $1,818.27 $324,836.99
147 $324,836.99 $1,437.45 $0.00 $1,836.68 $328,111.12
148 $328,111.12 $1,437.45 $0.00 $1,855.19 $331,403.76
149 $331,403.76 $1,437.45 $0.00 $1,873.81 $334,715.02
150 $334,715.02 $1,437.45 $0.00 $1,892.53 $338,045.00
151 $338,045.00 $1,437.45 $0.00 $1,911.36 $341,393.81
152 $341,393.81 $1,437.45 $0.00 $1,930.29 $344,761.55
153 $344,761.55 $1,437.45 $0.00 $1,949.33 $348,148.33
154 $348,148.33 $1,437.45 $0.00 $1,968.48 $351,554.26
155 $351,554.26 $1,437.45 $0.00 $1,987.74 $354,979.45
156 $354,979.45 $1,437.45 $0.00 $2,007.11 $358,424.01
157 $358,424.01 $1,437.45 $0.00 $2,026.58 $361,888.04
158 $361,888.04 $1,437.45 $0.00 $2,046.17 $365,371.66
159 $365,371.66 $1,437.45 $0.00 $2,065.86 $368,874.97
160 $368,874.97 $1,437.45 $0.00 $2,085.67 $372,398.09
161 $372,398.09 $1,437.45 $0.00 $2,105.59 $375,941.13
162 $375,941.13 $1,437.45 $0.00 $2,125.63 $379,504.21
163 $379,504.21 $1,437.45 $0.00 $2,145.77 $383,087.43
164 $383,087.43 $1,437.45 $0.00 $2,166.03 $386,690.91
165 $386,690.91 $1,437.45 $0.00 $2,186.41 $390,314.77
166 $390,314.77 $1,437.45 $0.00 $2,206.90 $393,959.12
167 $393,959.12 $1,437.45 $0.00 $2,227.50 $397,624.07
168 $397,624.07 $1,437.45 $0.00 $2,248.22 $401,309.74
169 $401,309.74 $1,437.45 $0.00 $2,269.06 $405,016.25
170 $405,016.25 $1,437.45 $0.00 $2,290.02 $408,743.72
171 $408,743.72 $1,437.45 $0.00 $2,311.10 $412,492.27
172 $412,492.27 $1,437.45 $0.00 $2,332.29 $416,262.01
173 $416,262.01 $1,437.45 $0.00 $2,353.61 $420,053.07
174 $420,053.07 $1,437.45 $0.00 $2,375.04 $423,865.56
175 $423,865.56 $1,437.45 $0.00 $2,396.60 $427,699.61
176 $427,699.61 $1,437.45 $0.00 $2,418.28 $431,555.34
177 $431,555.34 $1,437.45 $0.00 $2,440.08 $435,432.87
178 $435,432.87 $1,437.45 $0.00 $2,462.00 $439,332.32
179 $439,332.32 $1,437.45 $0.00 $2,484.05 $443,253.82
180 $443,253.82 $1,437.45 $0.00 $2,506.22 $447,197.49
181 $447,197.49 $1,437.45 $0.00 $2,528.52 $451,163.46
182 $451,163.46 $1,437.45 $0.00 $2,550.94 $455,151.85
183 $455,151.85 $1,437.45 $0.00 $2,573.49 $459,162.79
184 $459,162.79 $1,437.45 $0.00 $2,596.17 $463,196.41
185 $463,196.41 $1,437.45 $0.00 $2,618.98 $467,252.84
186 $467,252.84 $1,437.45 $0.00 $2,641.92 $471,332.21
187 $471,332.21 $1,437.45 $0.00 $2,664.98 $475,434.64
188 $475,434.64 $1,437.45 $0.00 $2,688.18 $479,560.27
189 $479,560.27 $1,437.45 $0.00 $2,711.50 $483,709.22
190 $483,709.22 $1,437.45 $0.00 $2,734.96 $487,881.63
191 $487,881.63 $1,437.45 $0.00 $2,758.55 $492,077.63
192 $492,077.63 $1,437.45 $0.00 $2,782.28 $496,297.36
193 $496,297.36 $1,437.45 $0.00 $2,806.14 $500,540.95
194 $500,540.95 $1,437.45 $0.00 $2,830.13 $504,808.53
195 $504,808.53 $1,437.45 $0.00 $2,854.26 $509,100.24
196 $509,100.24 $1,437.45 $0.00 $2,878.53 $513,416.22
197 $513,416.22 $1,437.45 $0.00 $2,902.93 $517,756.60
198 $517,756.60 $1,437.45 $0.00 $2,927.47 $522,121.52
199 $522,121.52 $1,437.45 $0.00 $2,952.15 $526,511.12
200 $526,511.12 $1,437.45 $0.00 $2,976.97 $530,925.54
201 $530,925.54 $1,437.45 $0.00 $3,001.93 $535,364.92
202 $535,364.92 $1,437.45 $0.00 $3,027.03 $539,829.40
203 $539,829.40 $1,437.45 $0.00 $3,052.27 $544,319.12
204 $544,319.12 $1,437.45 $0.00 $3,077.66 $548,834.23
205 $548,834.23 $1,437.45 $0.00 $3,103.19 $553,374.87
206 $553,374.87 $1,437.45 $0.00 $3,128.86 $557,941.18
207 $557,941.18 $1,437.45 $0.00 $3,154.68 $562,533.31
208 $562,533.31 $1,437.45 $0.00 $3,180.65 $567,151.41
209 $567,151.41 $1,437.45 $0.00 $3,206.76 $571,795.62
210 $571,795.62 $1,437.45 $0.00 $3,233.02 $576,466.09
211 $576,466.09 $1,437.45 $0.00 $3,259.42 $581,162.96
212 $581,162.96 $1,437.45 $0.00 $3,285.98 $585,886.39
213 $585,886.39 $1,437.45 $0.00 $3,312.69 $590,636.53
214 $590,636.53 $1,437.45 $0.00 $3,339.54 $595,413.52
215 $595,413.52 $1,437.45 $0.00 $3,366.55 $600,217.52
216 $600,217.52 $1,437.45 $0.00 $3,393.72 $605,048.69
217 $605,048.69 $1,437.45 $168,525.92 $3,421.03 $441,381.25
218 $441,381.25 $1,437.45 $0.00 $2,495.63 $445,314.33
219 $445,314.33 $1,437.45 $0.00 $2,517.87 $449,269.65
220 $449,269.65 $1,437.45 $0.00 $2,540.24 $453,247.34
221 $453,247.34 $1,437.45 $0.00 $2,562.73 $457,247.52
222 $457,247.52 $1,437.45 $0.00 $2,585.34 $461,270.31
223 $461,270.31 $1,437.45 $0.00 $2,608.09 $465,315.85
224 $465,315.85 $1,437.45 $0.00 $2,630.96 $469,384.26
225 $469,384.26 $1,437.45 $0.00 $2,653.97 $473,475.68
226 $473,475.68 $1,437.45 $0.00 $2,677.10 $477,590.23
227 $477,590.23 $1,437.45 $0.00 $2,700.36 $481,728.04
228 $481,728.04 $1,437.45 $0.00 $2,723.76 $485,889.25
229 $485,889.25 $1,437.45 $176,952.21 $2,747.29 $313,121.78
230 $313,121.78 $1,437.45 $0.00 $1,770.44 $316,329.67
231 $316,329.67 $1,437.45 $0.00 $1,788.57 $319,555.69
232 $319,555.69 $1,437.45 $0.00 $1,806.81 $322,799.95
233 $322,799.95 $1,437.45 $0.00 $1,825.16 $326,062.56
234 $326,062.56 $1,437.45 $0.00 $1,843.61 $329,343.62
235 $329,343.62 $1,437.45 $0.00 $1,862.16 $332,643.23
236 $332,643.23 $1,437.45 $0.00 $1,880.81 $335,961.49
237 $335,961.49 $1,437.45 $0.00 $1,899.58 $339,298.52
238 $339,298.52 $1,437.45 $0.00 $1,918.44 $342,654.41
239 $342,654.41 $1,437.45 $0.00 $1,937.42 $346,029.28
240 $346,029.28 $1,437.45 $0.00 $1,956.50 $349,423.23
241 $349,423.23 $1,437.45 $185,799.83 $1,975.69 $167,036.54
242 $167,036.54 $1,437.45 $0.00 $944.45 $169,418.44
243 $169,418.44 $1,437.45 $0.00 $957.92 $171,813.81
244 $171,813.81 $1,437.45 $0.00 $971.46 $174,222.72
245 $174,222.72 $1,437.45 $0.00 $985.08 $176,645.25
246 $176,645.25 $1,437.45 $0.00 $998.78 $179,081.48
247 $179,081.48 $1,437.45 $0.00 $1,012.55 $181,531.48
248 $181,531.48 $1,437.45 $0.00 $1,026.41 $183,995.34
249 $183,995.34 $1,437.45 $0.00 $1,040.34 $186,473.13
250 $186,473.13 $1,437.45 $0.00 $1,054.35 $188,964.93
251 $188,964.93 $1,437.45 $0.00 $1,068.44 $191,470.82
252 $191,470.82 $1,437.45 $0.00 $1,082.60 $193,990.87
253 $193,990.87 $0.00 $195,089.82 $1,096.85 ($2.10)