Savings Plan and Future Cost Estimation for University of Fort Lauderdale

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$96,454
Monthly savings required$764

How much will it cost to send your child to University of Fort Lauderdale in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $385,817.40 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $763.51 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$37,195.00
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 $763.51 $0.00 $0.00 $763.51
2 $763.51 $763.51 $0.00 $4.32 $1,531.34
3 $1,531.34 $763.51 $0.00 $8.66 $2,303.51
4 $2,303.51 $763.51 $0.00 $13.02 $3,080.04
5 $3,080.04 $763.51 $0.00 $17.41 $3,860.96
6 $3,860.96 $763.51 $0.00 $21.83 $4,646.30
7 $4,646.30 $763.51 $0.00 $26.27 $5,436.08
8 $5,436.08 $763.51 $0.00 $30.74 $6,230.33
9 $6,230.33 $763.51 $0.00 $35.23 $7,029.07
10 $7,029.07 $763.51 $0.00 $39.74 $7,832.32
11 $7,832.32 $763.51 $0.00 $44.29 $8,640.12
12 $8,640.12 $763.51 $0.00 $48.85 $9,452.48
13 $9,452.48 $763.51 $0.00 $53.45 $10,269.44
14 $10,269.44 $763.51 $0.00 $58.06 $11,091.01
15 $11,091.01 $763.51 $0.00 $62.71 $11,917.23
16 $11,917.23 $763.51 $0.00 $67.38 $12,748.12
17 $12,748.12 $763.51 $0.00 $72.08 $13,583.71
18 $13,583.71 $763.51 $0.00 $76.80 $14,424.02
19 $14,424.02 $763.51 $0.00 $81.56 $15,269.09
20 $15,269.09 $763.51 $0.00 $86.33 $16,118.93
21 $16,118.93 $763.51 $0.00 $91.14 $16,973.58
22 $16,973.58 $763.51 $0.00 $95.97 $17,833.06
23 $17,833.06 $763.51 $0.00 $100.83 $18,697.40
24 $18,697.40 $763.51 $0.00 $105.72 $19,566.63
25 $19,566.63 $763.51 $0.00 $110.63 $20,440.77
26 $20,440.77 $763.51 $0.00 $115.58 $21,319.86
27 $21,319.86 $763.51 $0.00 $120.55 $22,203.92
28 $22,203.92 $763.51 $0.00 $125.54 $23,092.97
29 $23,092.97 $763.51 $0.00 $130.57 $23,987.05
30 $23,987.05 $763.51 $0.00 $135.63 $24,886.19
31 $24,886.19 $763.51 $0.00 $140.71 $25,790.41
32 $25,790.41 $763.51 $0.00 $145.82 $26,699.74
33 $26,699.74 $763.51 $0.00 $150.96 $27,614.21
34 $27,614.21 $763.51 $0.00 $156.13 $28,533.85
35 $28,533.85 $763.51 $0.00 $161.33 $29,458.69
36 $29,458.69 $763.51 $0.00 $166.56 $30,388.76
37 $30,388.76 $763.51 $0.00 $171.82 $31,324.09
38 $31,324.09 $763.51 $0.00 $177.11 $32,264.71
39 $32,264.71 $763.51 $0.00 $182.43 $33,210.65
40 $33,210.65 $763.51 $0.00 $187.78 $34,161.94
41 $34,161.94 $763.51 $0.00 $193.16 $35,118.61
42 $35,118.61 $763.51 $0.00 $198.57 $36,080.69
43 $36,080.69 $763.51 $0.00 $204.01 $37,048.21
44 $37,048.21 $763.51 $0.00 $209.48 $38,021.20
45 $38,021.20 $763.51 $0.00 $214.98 $38,999.69
46 $38,999.69 $763.51 $0.00 $220.51 $39,983.71
47 $39,983.71 $763.51 $0.00 $226.07 $40,973.29
48 $40,973.29 $763.51 $0.00 $231.67 $41,968.47
49 $41,968.47 $763.51 $0.00 $237.30 $42,969.28
50 $42,969.28 $763.51 $0.00 $242.95 $43,975.74
51 $43,975.74 $763.51 $0.00 $248.65 $44,987.90
52 $44,987.90 $763.51 $0.00 $254.37 $46,005.78
53 $46,005.78 $763.51 $0.00 $260.12 $47,029.41
54 $47,029.41 $763.51 $0.00 $265.91 $48,058.83
55 $48,058.83 $763.51 $0.00 $271.73 $49,094.07
56 $49,094.07 $763.51 $0.00 $277.59 $50,135.17
57 $50,135.17 $763.51 $0.00 $283.47 $51,182.15
58 $51,182.15 $763.51 $0.00 $289.39 $52,235.05
59 $52,235.05 $763.51 $0.00 $295.34 $53,293.90
60 $53,293.90 $763.51 $0.00 $301.33 $54,358.74
61 $54,358.74 $763.51 $0.00 $307.35 $55,429.60
62 $55,429.60 $763.51 $0.00 $313.41 $56,506.52
63 $56,506.52 $763.51 $0.00 $319.50 $57,589.53
64 $57,589.53 $763.51 $0.00 $325.62 $58,678.66
65 $58,678.66 $763.51 $0.00 $331.78 $59,773.95
66 $59,773.95 $763.51 $0.00 $337.97 $60,875.43
67 $60,875.43 $763.51 $0.00 $344.20 $61,983.14
68 $61,983.14 $763.51 $0.00 $350.46 $63,097.11
69 $63,097.11 $763.51 $0.00 $356.76 $64,217.38
70 $64,217.38 $763.51 $0.00 $363.09 $65,343.98
71 $65,343.98 $763.51 $0.00 $369.46 $66,476.95
72 $66,476.95 $763.51 $0.00 $375.87 $67,616.33
73 $67,616.33 $763.51 $0.00 $382.31 $68,762.15
74 $68,762.15 $763.51 $0.00 $388.79 $69,914.45
75 $69,914.45 $763.51 $0.00 $395.31 $71,073.27
76 $71,073.27 $763.51 $0.00 $401.86 $72,238.64
77 $72,238.64 $763.51 $0.00 $408.45 $73,410.60
78 $73,410.60 $763.51 $0.00 $415.07 $74,589.18
79 $74,589.18 $763.51 $0.00 $421.74 $75,774.43
80 $75,774.43 $763.51 $0.00 $428.44 $76,966.38
81 $76,966.38 $763.51 $0.00 $435.18 $78,165.07
82 $78,165.07 $763.51 $0.00 $441.96 $79,370.54
83 $79,370.54 $763.51 $0.00 $448.77 $80,582.82
84 $80,582.82 $763.51 $0.00 $455.63 $81,801.96
85 $81,801.96 $763.51 $0.00 $462.52 $83,027.99
86 $83,027.99 $763.51 $0.00 $469.45 $84,260.95
87 $84,260.95 $763.51 $0.00 $476.42 $85,500.88
88 $85,500.88 $763.51 $0.00 $483.43 $86,747.82
89 $86,747.82 $763.51 $0.00 $490.48 $88,001.81
90 $88,001.81 $763.51 $0.00 $497.58 $89,262.90
91 $89,262.90 $763.51 $0.00 $504.71 $90,531.12
92 $90,531.12 $763.51 $0.00 $511.88 $91,806.51
93 $91,806.51 $763.51 $0.00 $519.09 $93,089.11
94 $93,089.11 $763.51 $0.00 $526.34 $94,378.96
95 $94,378.96 $763.51 $0.00 $533.63 $95,676.10
96 $95,676.10 $763.51 $0.00 $540.97 $96,980.58
97 $96,980.58 $763.51 $0.00 $548.34 $98,292.43
98 $98,292.43 $763.51 $0.00 $555.76 $99,611.70
99 $99,611.70 $763.51 $0.00 $563.22 $100,938.43
100 $100,938.43 $763.51 $0.00 $570.72 $102,272.66
101 $102,272.66 $763.51 $0.00 $578.26 $103,614.43
102 $103,614.43 $763.51 $0.00 $585.85 $104,963.79
103 $104,963.79 $763.51 $0.00 $593.48 $106,320.78
104 $106,320.78 $763.51 $0.00 $601.15 $107,685.44
105 $107,685.44 $763.51 $0.00 $608.87 $109,057.82
106 $109,057.82 $763.51 $0.00 $616.63 $110,437.96
107 $110,437.96 $763.51 $0.00 $624.43 $111,825.90
108 $111,825.90 $763.51 $0.00 $632.28 $113,221.69
109 $113,221.69 $763.51 $0.00 $640.17 $114,625.37
110 $114,625.37 $763.51 $0.00 $648.11 $116,036.99
111 $116,036.99 $763.51 $0.00 $656.09 $117,456.59
112 $117,456.59 $763.51 $0.00 $664.12 $118,884.22
113 $118,884.22 $763.51 $0.00 $672.19 $120,319.92
114 $120,319.92 $763.51 $0.00 $680.31 $121,763.74
115 $121,763.74 $763.51 $0.00 $688.47 $123,215.72
116 $123,215.72 $763.51 $0.00 $696.68 $124,675.91
117 $124,675.91 $763.51 $0.00 $704.94 $126,144.36
118 $126,144.36 $763.51 $0.00 $713.24 $127,621.11
119 $127,621.11 $763.51 $0.00 $721.59 $129,106.21
120 $129,106.21 $763.51 $0.00 $729.99 $130,599.71
121 $130,599.71 $763.51 $0.00 $738.43 $132,101.65
122 $132,101.65 $763.51 $0.00 $746.92 $133,612.08
123 $133,612.08 $763.51 $0.00 $755.46 $135,131.05
124 $135,131.05 $763.51 $0.00 $764.05 $136,658.61
125 $136,658.61 $763.51 $0.00 $772.69 $138,194.81
126 $138,194.81 $763.51 $0.00 $781.37 $139,739.69
127 $139,739.69 $763.51 $0.00 $790.11 $141,293.31
128 $141,293.31 $763.51 $0.00 $798.89 $142,855.71
129 $142,855.71 $763.51 $0.00 $807.73 $144,426.95
130 $144,426.95 $763.51 $0.00 $816.61 $146,007.07
131 $146,007.07 $763.51 $0.00 $825.55 $147,596.13
132 $147,596.13 $763.51 $0.00 $834.53 $149,194.17
133 $149,194.17 $763.51 $0.00 $843.57 $150,801.25
134 $150,801.25 $763.51 $0.00 $852.65 $152,417.41
135 $152,417.41 $763.51 $0.00 $861.79 $154,042.71
136 $154,042.71 $763.51 $0.00 $870.98 $155,677.20
137 $155,677.20 $763.51 $0.00 $880.22 $157,320.93
138 $157,320.93 $763.51 $0.00 $889.52 $158,973.96
139 $158,973.96 $763.51 $0.00 $898.86 $160,636.33
140 $160,636.33 $763.51 $0.00 $908.26 $162,308.10
141 $162,308.10 $763.51 $0.00 $917.71 $163,989.32
142 $163,989.32 $763.51 $0.00 $927.22 $165,680.05
143 $165,680.05 $763.51 $0.00 $936.78 $167,380.34
144 $167,380.34 $763.51 $0.00 $946.39 $169,090.24
145 $169,090.24 $763.51 $0.00 $956.06 $170,809.81
146 $170,809.81 $763.51 $0.00 $965.78 $172,539.10
147 $172,539.10 $763.51 $0.00 $975.56 $174,278.17
148 $174,278.17 $763.51 $0.00 $985.39 $176,027.07
149 $176,027.07 $763.51 $0.00 $995.28 $177,785.86
150 $177,785.86 $763.51 $0.00 $1,005.23 $179,554.60
151 $179,554.60 $763.51 $0.00 $1,015.23 $181,333.34
152 $181,333.34 $763.51 $0.00 $1,025.29 $183,122.14
153 $183,122.14 $763.51 $0.00 $1,035.40 $184,921.05
154 $184,921.05 $763.51 $0.00 $1,045.57 $186,730.13
155 $186,730.13 $763.51 $0.00 $1,055.80 $188,549.44
156 $188,549.44 $763.51 $0.00 $1,066.09 $190,379.04
157 $190,379.04 $763.51 $0.00 $1,076.43 $192,218.98
158 $192,218.98 $763.51 $0.00 $1,086.83 $194,069.32
159 $194,069.32 $763.51 $0.00 $1,097.30 $195,930.13
160 $195,930.13 $763.51 $0.00 $1,107.82 $197,801.46
161 $197,801.46 $763.51 $0.00 $1,118.40 $199,683.37
162 $199,683.37 $763.51 $0.00 $1,129.04 $201,575.92
163 $201,575.92 $763.51 $0.00 $1,139.74 $203,479.17
164 $203,479.17 $763.51 $0.00 $1,150.50 $205,393.18
165 $205,393.18 $763.51 $0.00 $1,161.32 $207,318.01
166 $207,318.01 $763.51 $0.00 $1,172.21 $209,253.73
167 $209,253.73 $763.51 $0.00 $1,183.15 $211,200.39
168 $211,200.39 $763.51 $0.00 $1,194.16 $213,158.06
169 $213,158.06 $763.51 $0.00 $1,205.23 $215,126.80
170 $215,126.80 $763.51 $0.00 $1,216.36 $217,106.67
171 $217,106.67 $763.51 $0.00 $1,227.55 $219,097.73
172 $219,097.73 $763.51 $0.00 $1,238.81 $221,100.05
173 $221,100.05 $763.51 $0.00 $1,250.13 $223,113.69
174 $223,113.69 $763.51 $0.00 $1,261.52 $225,138.72
175 $225,138.72 $763.51 $0.00 $1,272.97 $227,175.20
176 $227,175.20 $763.51 $0.00 $1,284.48 $229,223.19
177 $229,223.19 $763.51 $0.00 $1,296.06 $231,282.76
178 $231,282.76 $763.51 $0.00 $1,307.71 $233,353.98
179 $233,353.98 $763.51 $0.00 $1,319.42 $235,436.91
180 $235,436.91 $763.51 $0.00 $1,331.19 $237,531.61
181 $237,531.61 $763.51 $0.00 $1,343.04 $239,638.16
182 $239,638.16 $763.51 $0.00 $1,354.95 $241,756.62
183 $241,756.62 $763.51 $0.00 $1,366.93 $243,887.06
184 $243,887.06 $763.51 $0.00 $1,378.97 $246,029.54
185 $246,029.54 $763.51 $0.00 $1,391.09 $248,184.14
186 $248,184.14 $763.51 $0.00 $1,403.27 $250,350.92
187 $250,350.92 $763.51 $0.00 $1,415.52 $252,529.95
188 $252,529.95 $763.51 $0.00 $1,427.84 $254,721.30
189 $254,721.30 $763.51 $0.00 $1,440.23 $256,925.04
190 $256,925.04 $763.51 $0.00 $1,452.69 $259,141.24
191 $259,141.24 $763.51 $0.00 $1,465.22 $261,369.97
192 $261,369.97 $763.51 $0.00 $1,477.82 $263,611.30
193 $263,611.30 $763.51 $0.00 $1,490.50 $265,865.31
194 $265,865.31 $763.51 $0.00 $1,503.24 $268,132.06
195 $268,132.06 $763.51 $0.00 $1,516.06 $270,411.63
196 $270,411.63 $763.51 $0.00 $1,528.95 $272,704.09
197 $272,704.09 $763.51 $0.00 $1,541.91 $275,009.51
198 $275,009.51 $763.51 $0.00 $1,554.94 $277,327.96
199 $277,327.96 $763.51 $0.00 $1,568.05 $279,659.52
200 $279,659.52 $763.51 $0.00 $1,581.24 $282,004.27
201 $282,004.27 $763.51 $0.00 $1,594.49 $284,362.27
202 $284,362.27 $763.51 $0.00 $1,607.83 $286,733.61
203 $286,733.61 $763.51 $0.00 $1,621.23 $289,118.35
204 $289,118.35 $763.51 $0.00 $1,634.72 $291,516.58
205 $291,516.58 $763.51 $0.00 $1,648.28 $293,928.37
206 $293,928.37 $763.51 $0.00 $1,661.91 $296,353.79
207 $296,353.79 $763.51 $0.00 $1,675.63 $298,792.93
208 $298,792.93 $763.51 $0.00 $1,689.42 $301,245.86
209 $301,245.86 $763.51 $0.00 $1,703.29 $303,712.66
210 $303,712.66 $763.51 $0.00 $1,717.24 $306,193.41
211 $306,193.41 $763.51 $0.00 $1,731.26 $308,688.18
212 $308,688.18 $763.51 $0.00 $1,745.37 $311,197.06
213 $311,197.06 $763.51 $0.00 $1,759.55 $313,720.12
214 $313,720.12 $763.51 $0.00 $1,773.82 $316,257.45
215 $316,257.45 $763.51 $0.00 $1,788.17 $318,809.13
216 $318,809.13 $763.51 $0.00 $1,802.59 $321,375.23
217 $321,375.23 $763.51 $89,514.20 $1,817.10 $234,441.64
218 $234,441.64 $763.51 $0.00 $1,325.57 $236,530.72
219 $236,530.72 $763.51 $0.00 $1,337.38 $238,631.61
220 $238,631.61 $763.51 $0.00 $1,349.26 $240,744.38
221 $240,744.38 $763.51 $0.00 $1,361.20 $242,869.09
222 $242,869.09 $763.51 $0.00 $1,373.22 $245,005.82
223 $245,005.82 $763.51 $0.00 $1,385.30 $247,154.63
224 $247,154.63 $763.51 $0.00 $1,397.45 $249,315.59
225 $249,315.59 $763.51 $0.00 $1,409.67 $251,488.77
226 $251,488.77 $763.51 $0.00 $1,421.95 $253,674.23
227 $253,674.23 $763.51 $0.00 $1,434.31 $255,872.05
228 $255,872.05 $763.51 $0.00 $1,446.74 $258,082.30
229 $258,082.30 $763.51 $93,989.91 $1,459.23 $166,315.13
230 $166,315.13 $763.51 $0.00 $940.37 $168,019.01
231 $168,019.01 $763.51 $0.00 $950.00 $169,732.52
232 $169,732.52 $763.51 $0.00 $959.69 $171,455.72
233 $171,455.72 $763.51 $0.00 $969.44 $173,188.67
234 $173,188.67 $763.51 $0.00 $979.23 $174,931.41
235 $174,931.41 $763.51 $0.00 $989.09 $176,684.01
236 $176,684.01 $763.51 $0.00 $999.00 $178,446.52
237 $178,446.52 $763.51 $0.00 $1,008.96 $180,218.99
238 $180,218.99 $763.51 $0.00 $1,018.98 $182,001.48
239 $182,001.48 $763.51 $0.00 $1,029.06 $183,794.05
240 $183,794.05 $763.51 $0.00 $1,039.20 $185,596.76
241 $185,596.76 $763.51 $98,689.41 $1,049.39 $88,720.25
242 $88,720.25 $763.51 $0.00 $501.64 $89,985.40
243 $89,985.40 $763.51 $0.00 $508.79 $91,257.70
244 $91,257.70 $763.51 $0.00 $515.98 $92,537.19
245 $92,537.19 $763.51 $0.00 $523.22 $93,823.92
246 $93,823.92 $763.51 $0.00 $530.49 $95,117.92
247 $95,117.92 $763.51 $0.00 $537.81 $96,419.24
248 $96,419.24 $763.51 $0.00 $545.17 $97,727.92
249 $97,727.92 $763.51 $0.00 $552.57 $99,044.00
250 $99,044.00 $763.51 $0.00 $560.01 $100,367.52
251 $100,367.52 $763.51 $0.00 $567.49 $101,698.52
252 $101,698.52 $763.51 $0.00 $575.02 $103,037.05
253 $103,037.05 $0.00 $103,623.88 $582.59 ($4.24)