Savings Plan and Future Cost Estimation for Andrew College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$125,922
Monthly savings required$559

How much will it cost to send your child to Andrew College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $251,844.57 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $559.46 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$35,996.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford Andrew College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $559.46 $0.00 $0.00 $559.46
2 $559.46 $559.46 $0.00 $3.16 $1,122.08
3 $1,122.08 $559.46 $0.00 $6.34 $1,687.88
4 $1,687.88 $559.46 $0.00 $9.54 $2,256.88
5 $2,256.88 $559.46 $0.00 $12.76 $2,829.10
6 $2,829.10 $559.46 $0.00 $16.00 $3,404.56
7 $3,404.56 $559.46 $0.00 $19.25 $3,983.27
8 $3,983.27 $559.46 $0.00 $22.52 $4,565.25
9 $4,565.25 $559.46 $0.00 $25.81 $5,150.52
10 $5,150.52 $559.46 $0.00 $29.12 $5,739.10
11 $5,739.10 $559.46 $0.00 $32.45 $6,331.01
12 $6,331.01 $559.46 $0.00 $35.80 $6,926.27
13 $6,926.27 $559.46 $0.00 $39.16 $7,524.89
14 $7,524.89 $559.46 $0.00 $42.55 $8,126.90
15 $8,126.90 $559.46 $0.00 $45.95 $8,732.31
16 $8,732.31 $559.46 $0.00 $49.37 $9,341.14
17 $9,341.14 $559.46 $0.00 $52.82 $9,953.42
18 $9,953.42 $559.46 $0.00 $56.28 $10,569.16
19 $10,569.16 $559.46 $0.00 $59.76 $11,188.38
20 $11,188.38 $559.46 $0.00 $63.26 $11,811.10
21 $11,811.10 $559.46 $0.00 $66.78 $12,437.34
22 $12,437.34 $559.46 $0.00 $70.32 $13,067.12
23 $13,067.12 $559.46 $0.00 $73.88 $13,700.46
24 $13,700.46 $559.46 $0.00 $77.46 $14,337.38
25 $14,337.38 $559.46 $0.00 $81.07 $14,977.91
26 $14,977.91 $559.46 $0.00 $84.69 $15,622.06
27 $15,622.06 $559.46 $0.00 $88.33 $16,269.85
28 $16,269.85 $559.46 $0.00 $91.99 $16,921.30
29 $16,921.30 $559.46 $0.00 $95.68 $17,576.44
30 $17,576.44 $559.46 $0.00 $99.38 $18,235.28
31 $18,235.28 $559.46 $0.00 $103.10 $18,897.84
32 $18,897.84 $559.46 $0.00 $106.85 $19,564.15
33 $19,564.15 $559.46 $0.00 $110.62 $20,234.23
34 $20,234.23 $559.46 $0.00 $114.41 $20,908.10
35 $20,908.10 $559.46 $0.00 $118.22 $21,585.78
36 $21,585.78 $559.46 $0.00 $122.05 $22,267.29
37 $22,267.29 $559.46 $0.00 $125.90 $22,952.65
38 $22,952.65 $559.46 $0.00 $129.78 $23,641.89
39 $23,641.89 $559.46 $0.00 $133.67 $24,335.02
40 $24,335.02 $559.46 $0.00 $137.59 $25,032.07
41 $25,032.07 $559.46 $0.00 $141.53 $25,733.06
42 $25,733.06 $559.46 $0.00 $145.50 $26,438.02
43 $26,438.02 $559.46 $0.00 $149.48 $27,146.96
44 $27,146.96 $559.46 $0.00 $153.49 $27,859.91
45 $27,859.91 $559.46 $0.00 $157.52 $28,576.89
46 $28,576.89 $559.46 $0.00 $161.58 $29,297.93
47 $29,297.93 $559.46 $0.00 $165.65 $30,023.04
48 $30,023.04 $559.46 $0.00 $169.75 $30,752.25
49 $30,752.25 $559.46 $0.00 $173.88 $31,485.59
50 $31,485.59 $559.46 $0.00 $178.02 $32,223.07
51 $32,223.07 $559.46 $0.00 $182.19 $32,964.72
52 $32,964.72 $559.46 $0.00 $186.39 $33,710.57
53 $33,710.57 $559.46 $0.00 $190.60 $34,460.63
54 $34,460.63 $559.46 $0.00 $194.85 $35,214.94
55 $35,214.94 $559.46 $0.00 $199.11 $35,973.51
56 $35,973.51 $559.46 $0.00 $203.40 $36,736.37
57 $36,736.37 $559.46 $0.00 $207.71 $37,503.54
58 $37,503.54 $559.46 $0.00 $212.05 $38,275.05
59 $38,275.05 $559.46 $0.00 $216.41 $39,050.92
60 $39,050.92 $559.46 $0.00 $220.80 $39,831.18
61 $39,831.18 $559.46 $0.00 $225.21 $40,615.85
62 $40,615.85 $559.46 $0.00 $229.65 $41,404.96
63 $41,404.96 $559.46 $0.00 $234.11 $42,198.53
64 $42,198.53 $559.46 $0.00 $238.60 $42,996.59
65 $42,996.59 $559.46 $0.00 $243.11 $43,799.16
66 $43,799.16 $559.46 $0.00 $247.65 $44,606.27
67 $44,606.27 $559.46 $0.00 $252.21 $45,417.94
68 $45,417.94 $559.46 $0.00 $256.80 $46,234.20
69 $46,234.20 $559.46 $0.00 $261.41 $47,055.07
70 $47,055.07 $559.46 $0.00 $266.06 $47,880.59
71 $47,880.59 $559.46 $0.00 $270.72 $48,710.77
72 $48,710.77 $559.46 $0.00 $275.42 $49,545.65
73 $49,545.65 $559.46 $0.00 $280.14 $50,385.25
74 $50,385.25 $559.46 $0.00 $284.89 $51,229.60
75 $51,229.60 $559.46 $0.00 $289.66 $52,078.72
76 $52,078.72 $559.46 $0.00 $294.46 $52,932.64
77 $52,932.64 $559.46 $0.00 $299.29 $53,791.39
78 $53,791.39 $559.46 $0.00 $304.14 $54,654.99
79 $54,654.99 $559.46 $0.00 $309.03 $55,523.48
80 $55,523.48 $559.46 $0.00 $313.94 $56,396.88
81 $56,396.88 $559.46 $0.00 $318.88 $57,275.22
82 $57,275.22 $559.46 $0.00 $323.84 $58,158.52
83 $58,158.52 $559.46 $0.00 $328.84 $59,046.82
84 $59,046.82 $559.46 $0.00 $333.86 $59,940.14
85 $59,940.14 $559.46 $0.00 $338.91 $60,838.51
86 $60,838.51 $559.46 $0.00 $343.99 $61,741.96
87 $61,741.96 $559.46 $0.00 $349.10 $62,650.52
88 $62,650.52 $559.46 $0.00 $354.24 $63,564.22
89 $63,564.22 $559.46 $0.00 $359.40 $64,483.08
90 $64,483.08 $559.46 $0.00 $364.60 $65,407.14
91 $65,407.14 $559.46 $0.00 $369.82 $66,336.42
92 $66,336.42 $559.46 $0.00 $375.08 $67,270.96
93 $67,270.96 $559.46 $0.00 $380.36 $68,210.78
94 $68,210.78 $559.46 $0.00 $385.67 $69,155.91
95 $69,155.91 $559.46 $0.00 $391.02 $70,106.39
96 $70,106.39 $559.46 $0.00 $396.39 $71,062.24
97 $71,062.24 $559.46 $0.00 $401.80 $72,023.50
98 $72,023.50 $559.46 $0.00 $407.23 $72,990.19
99 $72,990.19 $559.46 $0.00 $412.70 $73,962.35
100 $73,962.35 $559.46 $0.00 $418.19 $74,940.00
101 $74,940.00 $559.46 $0.00 $423.72 $75,923.18
102 $75,923.18 $559.46 $0.00 $429.28 $76,911.92
103 $76,911.92 $559.46 $0.00 $434.87 $77,906.25
104 $77,906.25 $559.46 $0.00 $440.49 $78,906.20
105 $78,906.20 $559.46 $0.00 $446.15 $79,911.81
106 $79,911.81 $559.46 $0.00 $451.83 $80,923.10
107 $80,923.10 $559.46 $0.00 $457.55 $81,940.11
108 $81,940.11 $559.46 $0.00 $463.30 $82,962.87
109 $82,962.87 $559.46 $0.00 $469.08 $83,991.41
110 $83,991.41 $559.46 $0.00 $474.90 $85,025.77
111 $85,025.77 $559.46 $0.00 $480.75 $86,065.98
112 $86,065.98 $559.46 $0.00 $486.63 $87,112.07
113 $87,112.07 $559.46 $0.00 $492.54 $88,164.07
114 $88,164.07 $559.46 $0.00 $498.49 $89,222.02
115 $89,222.02 $559.46 $0.00 $504.47 $90,285.95
116 $90,285.95 $559.46 $0.00 $510.49 $91,355.90
117 $91,355.90 $559.46 $0.00 $516.54 $92,431.90
118 $92,431.90 $559.46 $0.00 $522.62 $93,513.98
119 $93,513.98 $559.46 $0.00 $528.74 $94,602.18
120 $94,602.18 $559.46 $0.00 $534.89 $95,696.53
121 $95,696.53 $559.46 $0.00 $541.08 $96,797.07
122 $96,797.07 $559.46 $0.00 $547.30 $97,903.83
123 $97,903.83 $559.46 $0.00 $553.56 $99,016.85
124 $99,016.85 $559.46 $0.00 $559.86 $100,136.17
125 $100,136.17 $559.46 $0.00 $566.18 $101,261.81
126 $101,261.81 $559.46 $0.00 $572.55 $102,393.82
127 $102,393.82 $559.46 $0.00 $578.95 $103,532.23
128 $103,532.23 $559.46 $0.00 $585.39 $104,677.08
129 $104,677.08 $559.46 $0.00 $591.86 $105,828.40
130 $105,828.40 $559.46 $0.00 $598.37 $106,986.23
131 $106,986.23 $559.46 $0.00 $604.92 $108,150.61
132 $108,150.61 $559.46 $0.00 $611.50 $109,321.57
133 $109,321.57 $559.46 $0.00 $618.12 $110,499.15
134 $110,499.15 $559.46 $0.00 $624.78 $111,683.39
135 $111,683.39 $559.46 $0.00 $631.47 $112,874.32
136 $112,874.32 $559.46 $0.00 $638.21 $114,071.99
137 $114,071.99 $559.46 $0.00 $644.98 $115,276.43
138 $115,276.43 $559.46 $0.00 $651.79 $116,487.68
139 $116,487.68 $559.46 $0.00 $658.64 $117,705.78
140 $117,705.78 $559.46 $0.00 $665.53 $118,930.77
141 $118,930.77 $559.46 $0.00 $672.45 $120,162.68
142 $120,162.68 $559.46 $0.00 $679.42 $121,401.56
143 $121,401.56 $559.46 $0.00 $686.42 $122,647.44
144 $122,647.44 $559.46 $0.00 $693.47 $123,900.37
145 $123,900.37 $559.46 $0.00 $700.55 $125,160.38
146 $125,160.38 $559.46 $0.00 $707.67 $126,427.51
147 $126,427.51 $559.46 $0.00 $714.84 $127,701.81
148 $127,701.81 $559.46 $0.00 $722.04 $128,983.31
149 $128,983.31 $559.46 $0.00 $729.29 $130,272.06
150 $130,272.06 $559.46 $0.00 $736.58 $131,568.10
151 $131,568.10 $559.46 $0.00 $743.91 $132,871.47
152 $132,871.47 $559.46 $0.00 $751.27 $134,182.20
153 $134,182.20 $559.46 $0.00 $758.69 $135,500.35
154 $135,500.35 $559.46 $0.00 $766.14 $136,825.95
155 $136,825.95 $559.46 $0.00 $773.63 $138,159.04
156 $138,159.04 $559.46 $0.00 $781.17 $139,499.67
157 $139,499.67 $559.46 $0.00 $788.75 $140,847.88
158 $140,847.88 $559.46 $0.00 $796.37 $142,203.71
159 $142,203.71 $559.46 $0.00 $804.04 $143,567.21
160 $143,567.21 $559.46 $0.00 $811.75 $144,938.42
161 $144,938.42 $559.46 $0.00 $819.50 $146,317.38
162 $146,317.38 $559.46 $0.00 $827.30 $147,704.14
163 $147,704.14 $559.46 $0.00 $835.14 $149,098.74
164 $149,098.74 $559.46 $0.00 $843.03 $150,501.23
165 $150,501.23 $559.46 $0.00 $850.96 $151,911.65
166 $151,911.65 $559.46 $0.00 $858.93 $153,330.04
167 $153,330.04 $559.46 $0.00 $866.95 $154,756.45
168 $154,756.45 $559.46 $0.00 $875.02 $156,190.93
169 $156,190.93 $559.46 $0.00 $883.13 $157,633.52
170 $157,633.52 $559.46 $0.00 $891.28 $159,084.26
171 $159,084.26 $559.46 $0.00 $899.49 $160,543.21
172 $160,543.21 $559.46 $0.00 $907.73 $162,010.40
173 $162,010.40 $559.46 $0.00 $916.03 $163,485.89
174 $163,485.89 $559.46 $0.00 $924.37 $164,969.72
175 $164,969.72 $559.46 $0.00 $932.76 $166,461.94
176 $166,461.94 $559.46 $0.00 $941.20 $167,962.60
177 $167,962.60 $559.46 $0.00 $949.68 $169,471.74
178 $169,471.74 $559.46 $0.00 $958.22 $170,989.42
179 $170,989.42 $559.46 $0.00 $966.80 $172,515.68
180 $172,515.68 $559.46 $0.00 $975.43 $174,050.57
181 $174,050.57 $559.46 $0.00 $984.11 $175,594.14
182 $175,594.14 $559.46 $0.00 $992.83 $177,146.43
183 $177,146.43 $559.46 $0.00 $1,001.61 $178,707.50
184 $178,707.50 $559.46 $0.00 $1,010.44 $180,277.40
185 $180,277.40 $559.46 $0.00 $1,019.31 $181,856.17
186 $181,856.17 $559.46 $0.00 $1,028.24 $183,443.87
187 $183,443.87 $559.46 $0.00 $1,037.22 $185,040.55
188 $185,040.55 $559.46 $0.00 $1,046.25 $186,646.26
189 $186,646.26 $559.46 $0.00 $1,055.33 $188,261.05
190 $188,261.05 $559.46 $0.00 $1,064.46 $189,884.97
191 $189,884.97 $559.46 $0.00 $1,073.64 $191,518.07
192 $191,518.07 $559.46 $0.00 $1,082.87 $193,160.40
193 $193,160.40 $559.46 $0.00 $1,092.16 $194,812.02
194 $194,812.02 $559.46 $0.00 $1,101.50 $196,472.98
195 $196,472.98 $559.46 $0.00 $1,110.89 $198,143.33
196 $198,143.33 $559.46 $0.00 $1,120.33 $199,823.12
197 $199,823.12 $559.46 $0.00 $1,129.83 $201,512.41
198 $201,512.41 $559.46 $0.00 $1,139.38 $203,211.25
199 $203,211.25 $559.46 $0.00 $1,148.99 $204,919.70
200 $204,919.70 $559.46 $0.00 $1,158.65 $206,637.81
201 $206,637.81 $559.46 $0.00 $1,168.36 $208,365.63
202 $208,365.63 $559.46 $0.00 $1,178.13 $210,103.22
203 $210,103.22 $559.46 $0.00 $1,187.95 $211,850.63
204 $211,850.63 $559.46 $0.00 $1,197.83 $213,607.92
205 $213,607.92 $559.46 $0.00 $1,207.77 $215,375.15
206 $215,375.15 $559.46 $0.00 $1,217.76 $217,152.37
207 $217,152.37 $559.46 $0.00 $1,227.81 $218,939.64
208 $218,939.64 $559.46 $0.00 $1,237.92 $220,737.02
209 $220,737.02 $559.46 $0.00 $1,248.08 $222,544.56
210 $222,544.56 $559.46 $0.00 $1,258.30 $224,362.32
211 $224,362.32 $559.46 $0.00 $1,268.58 $226,190.36
212 $226,190.36 $559.46 $0.00 $1,278.91 $228,028.73
213 $228,028.73 $559.46 $0.00 $1,289.31 $229,877.50
214 $229,877.50 $559.46 $0.00 $1,299.76 $231,736.72
215 $231,736.72 $559.46 $0.00 $1,310.27 $233,606.45
216 $233,606.45 $559.46 $0.00 $1,320.84 $235,486.75
217 $235,486.75 $559.46 $121,664.04 $1,331.48 $115,713.65
218 $115,713.65 $559.46 $0.00 $654.26 $116,927.37
219 $116,927.37 $559.46 $0.00 $661.12 $118,147.95
220 $118,147.95 $559.46 $0.00 $668.03 $119,375.44
221 $119,375.44 $559.46 $0.00 $674.97 $120,609.87
222 $120,609.87 $559.46 $0.00 $681.95 $121,851.28
223 $121,851.28 $559.46 $0.00 $688.96 $123,099.70
224 $123,099.70 $559.46 $0.00 $696.02 $124,355.18
225 $124,355.18 $559.46 $0.00 $703.12 $125,617.76
226 $125,617.76 $559.46 $0.00 $710.26 $126,887.48
227 $126,887.48 $559.46 $0.00 $717.44 $128,164.38
228 $128,164.38 $559.46 $0.00 $724.66 $129,448.50
229 $129,448.50 $0.00 $130,180.53 $731.92 -$0.11