Savings Plan and Future Cost Estimation for DePauw University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$178,667
Monthly savings required$1,414

How much will it cost to send your child to DePauw University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $714,667.22 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,414.30 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$68,898.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,414.30 $0.00 $0.00 $1,414.30
2 $1,414.30 $1,414.30 $0.00 $8.00 $2,836.60
3 $2,836.60 $1,414.30 $0.00 $16.04 $4,266.94
4 $4,266.94 $1,414.30 $0.00 $24.13 $5,705.37
5 $5,705.37 $1,414.30 $0.00 $32.26 $7,151.93
6 $7,151.93 $1,414.30 $0.00 $40.44 $8,606.67
7 $8,606.67 $1,414.30 $0.00 $48.66 $10,069.63
8 $10,069.63 $1,414.30 $0.00 $56.94 $11,540.87
9 $11,540.87 $1,414.30 $0.00 $65.25 $13,020.42
10 $13,020.42 $1,414.30 $0.00 $73.62 $14,508.34
11 $14,508.34 $1,414.30 $0.00 $82.03 $16,004.67
12 $16,004.67 $1,414.30 $0.00 $90.49 $17,509.46
13 $17,509.46 $1,414.30 $0.00 $99.00 $19,022.76
14 $19,022.76 $1,414.30 $0.00 $107.56 $20,544.62
15 $20,544.62 $1,414.30 $0.00 $116.16 $22,075.08
16 $22,075.08 $1,414.30 $0.00 $124.82 $23,614.20
17 $23,614.20 $1,414.30 $0.00 $133.52 $25,162.02
18 $25,162.02 $1,414.30 $0.00 $142.27 $26,718.59
19 $26,718.59 $1,414.30 $0.00 $151.07 $28,283.96
20 $28,283.96 $1,414.30 $0.00 $159.92 $29,858.18
21 $29,858.18 $1,414.30 $0.00 $168.82 $31,441.30
22 $31,441.30 $1,414.30 $0.00 $177.77 $33,033.37
23 $33,033.37 $1,414.30 $0.00 $186.78 $34,634.45
24 $34,634.45 $1,414.30 $0.00 $195.83 $36,244.58
25 $36,244.58 $1,414.30 $0.00 $204.93 $37,863.81
26 $37,863.81 $1,414.30 $0.00 $214.09 $39,492.20
27 $39,492.20 $1,414.30 $0.00 $223.29 $41,129.79
28 $41,129.79 $1,414.30 $0.00 $232.55 $42,776.64
29 $42,776.64 $1,414.30 $0.00 $241.87 $44,432.81
30 $44,432.81 $1,414.30 $0.00 $251.23 $46,098.34
31 $46,098.34 $1,414.30 $0.00 $260.65 $47,773.29
32 $47,773.29 $1,414.30 $0.00 $270.12 $49,457.71
33 $49,457.71 $1,414.30 $0.00 $279.64 $51,151.65
34 $51,151.65 $1,414.30 $0.00 $289.22 $52,855.17
35 $52,855.17 $1,414.30 $0.00 $298.85 $54,568.32
36 $54,568.32 $1,414.30 $0.00 $308.54 $56,291.16
37 $56,291.16 $1,414.30 $0.00 $318.28 $58,023.74
38 $58,023.74 $1,414.30 $0.00 $328.07 $59,766.11
39 $59,766.11 $1,414.30 $0.00 $337.93 $61,518.34
40 $61,518.34 $1,414.30 $0.00 $347.83 $63,280.47
41 $63,280.47 $1,414.30 $0.00 $357.80 $65,052.57
42 $65,052.57 $1,414.30 $0.00 $367.82 $66,834.69
43 $66,834.69 $1,414.30 $0.00 $377.89 $68,626.88
44 $68,626.88 $1,414.30 $0.00 $388.03 $70,429.21
45 $70,429.21 $1,414.30 $0.00 $398.22 $72,241.73
46 $72,241.73 $1,414.30 $0.00 $408.47 $74,064.50
47 $74,064.50 $1,414.30 $0.00 $418.77 $75,897.57
48 $75,897.57 $1,414.30 $0.00 $429.14 $77,741.01
49 $77,741.01 $1,414.30 $0.00 $439.56 $79,594.87
50 $79,594.87 $1,414.30 $0.00 $450.04 $81,459.21
51 $81,459.21 $1,414.30 $0.00 $460.58 $83,334.09
52 $83,334.09 $1,414.30 $0.00 $471.18 $85,219.57
53 $85,219.57 $1,414.30 $0.00 $481.84 $87,115.71
54 $87,115.71 $1,414.30 $0.00 $492.56 $89,022.57
55 $89,022.57 $1,414.30 $0.00 $503.35 $90,940.22
56 $90,940.22 $1,414.30 $0.00 $514.19 $92,868.71
57 $92,868.71 $1,414.30 $0.00 $525.09 $94,808.10
58 $94,808.10 $1,414.30 $0.00 $536.06 $96,758.46
59 $96,758.46 $1,414.30 $0.00 $547.09 $98,719.85
60 $98,719.85 $1,414.30 $0.00 $558.18 $100,692.33
61 $100,692.33 $1,414.30 $0.00 $569.33 $102,675.96
62 $102,675.96 $1,414.30 $0.00 $580.54 $104,670.80
63 $104,670.80 $1,414.30 $0.00 $591.82 $106,676.92
64 $106,676.92 $1,414.30 $0.00 $603.17 $108,694.39
65 $108,694.39 $1,414.30 $0.00 $614.57 $110,723.26
66 $110,723.26 $1,414.30 $0.00 $626.05 $112,763.61
67 $112,763.61 $1,414.30 $0.00 $637.58 $114,815.49
68 $114,815.49 $1,414.30 $0.00 $649.18 $116,878.97
69 $116,878.97 $1,414.30 $0.00 $660.85 $118,954.12
70 $118,954.12 $1,414.30 $0.00 $672.58 $121,041.00
71 $121,041.00 $1,414.30 $0.00 $684.38 $123,139.68
72 $123,139.68 $1,414.30 $0.00 $696.25 $125,250.23
73 $125,250.23 $1,414.30 $0.00 $708.18 $127,372.71
74 $127,372.71 $1,414.30 $0.00 $720.18 $129,507.19
75 $129,507.19 $1,414.30 $0.00 $732.25 $131,653.74
76 $131,653.74 $1,414.30 $0.00 $744.39 $133,812.43
77 $133,812.43 $1,414.30 $0.00 $756.59 $135,983.32
78 $135,983.32 $1,414.30 $0.00 $768.87 $138,166.49
79 $138,166.49 $1,414.30 $0.00 $781.21 $140,362.00
80 $140,362.00 $1,414.30 $0.00 $793.63 $142,569.93
81 $142,569.93 $1,414.30 $0.00 $806.11 $144,790.34
82 $144,790.34 $1,414.30 $0.00 $818.67 $147,023.31
83 $147,023.31 $1,414.30 $0.00 $831.29 $149,268.90
84 $149,268.90 $1,414.30 $0.00 $843.99 $151,527.19
85 $151,527.19 $1,414.30 $0.00 $856.76 $153,798.25
86 $153,798.25 $1,414.30 $0.00 $869.60 $156,082.15
87 $156,082.15 $1,414.30 $0.00 $882.51 $158,378.96
88 $158,378.96 $1,414.30 $0.00 $895.50 $160,688.76
89 $160,688.76 $1,414.30 $0.00 $908.56 $163,011.62
90 $163,011.62 $1,414.30 $0.00 $921.69 $165,347.61
91 $165,347.61 $1,414.30 $0.00 $934.90 $167,696.81
92 $167,696.81 $1,414.30 $0.00 $948.18 $170,059.29
93 $170,059.29 $1,414.30 $0.00 $961.54 $172,435.13
94 $172,435.13 $1,414.30 $0.00 $974.97 $174,824.40
95 $174,824.40 $1,414.30 $0.00 $988.48 $177,227.18
96 $177,227.18 $1,414.30 $0.00 $1,002.07 $179,643.55
97 $179,643.55 $1,414.30 $0.00 $1,015.73 $182,073.58
98 $182,073.58 $1,414.30 $0.00 $1,029.47 $184,517.35
99 $184,517.35 $1,414.30 $0.00 $1,043.29 $186,974.94
100 $186,974.94 $1,414.30 $0.00 $1,057.18 $189,446.42
101 $189,446.42 $1,414.30 $0.00 $1,071.16 $191,931.88
102 $191,931.88 $1,414.30 $0.00 $1,085.21 $194,431.39
103 $194,431.39 $1,414.30 $0.00 $1,099.34 $196,945.03
104 $196,945.03 $1,414.30 $0.00 $1,113.56 $199,472.89
105 $199,472.89 $1,414.30 $0.00 $1,127.85 $202,015.04
106 $202,015.04 $1,414.30 $0.00 $1,142.22 $204,571.56
107 $204,571.56 $1,414.30 $0.00 $1,156.68 $207,142.54
108 $207,142.54 $1,414.30 $0.00 $1,171.21 $209,728.05
109 $209,728.05 $1,414.30 $0.00 $1,185.83 $212,328.18
110 $212,328.18 $1,414.30 $0.00 $1,200.53 $214,943.01
111 $214,943.01 $1,414.30 $0.00 $1,215.32 $217,572.63
112 $217,572.63 $1,414.30 $0.00 $1,230.19 $220,217.12
113 $220,217.12 $1,414.30 $0.00 $1,245.14 $222,876.56
114 $222,876.56 $1,414.30 $0.00 $1,260.18 $225,551.04
115 $225,551.04 $1,414.30 $0.00 $1,275.30 $228,240.64
116 $228,240.64 $1,414.30 $0.00 $1,290.51 $230,945.45
117 $230,945.45 $1,414.30 $0.00 $1,305.80 $233,665.55
118 $233,665.55 $1,414.30 $0.00 $1,321.18 $236,401.03
119 $236,401.03 $1,414.30 $0.00 $1,336.65 $239,151.98
120 $239,151.98 $1,414.30 $0.00 $1,352.20 $241,918.48
121 $241,918.48 $1,414.30 $0.00 $1,367.84 $244,700.62
122 $244,700.62 $1,414.30 $0.00 $1,383.57 $247,498.49
123 $247,498.49 $1,414.30 $0.00 $1,399.39 $250,312.18
124 $250,312.18 $1,414.30 $0.00 $1,415.30 $253,141.78
125 $253,141.78 $1,414.30 $0.00 $1,431.30 $255,987.38
126 $255,987.38 $1,414.30 $0.00 $1,447.39 $258,849.07
127 $258,849.07 $1,414.30 $0.00 $1,463.57 $261,726.94
128 $261,726.94 $1,414.30 $0.00 $1,479.84 $264,621.08
129 $264,621.08 $1,414.30 $0.00 $1,496.21 $267,531.59
130 $267,531.59 $1,414.30 $0.00 $1,512.66 $270,458.55
131 $270,458.55 $1,414.30 $0.00 $1,529.21 $273,402.06
132 $273,402.06 $1,414.30 $0.00 $1,545.85 $276,362.21
133 $276,362.21 $1,414.30 $0.00 $1,562.59 $279,339.10
134 $279,339.10 $1,414.30 $0.00 $1,579.42 $282,332.82
135 $282,332.82 $1,414.30 $0.00 $1,596.35 $285,343.47
136 $285,343.47 $1,414.30 $0.00 $1,613.37 $288,371.14
137 $288,371.14 $1,414.30 $0.00 $1,630.49 $291,415.93
138 $291,415.93 $1,414.30 $0.00 $1,647.71 $294,477.94
139 $294,477.94 $1,414.30 $0.00 $1,665.02 $297,557.26
140 $297,557.26 $1,414.30 $0.00 $1,682.43 $300,653.99
141 $300,653.99 $1,414.30 $0.00 $1,699.94 $303,768.23
142 $303,768.23 $1,414.30 $0.00 $1,717.55 $306,900.08
143 $306,900.08 $1,414.30 $0.00 $1,735.26 $310,049.64
144 $310,049.64 $1,414.30 $0.00 $1,753.07 $313,217.01
145 $313,217.01 $1,414.30 $0.00 $1,770.97 $316,402.28
146 $316,402.28 $1,414.30 $0.00 $1,788.98 $319,605.56
147 $319,605.56 $1,414.30 $0.00 $1,807.10 $322,826.96
148 $322,826.96 $1,414.30 $0.00 $1,825.31 $326,066.57
149 $326,066.57 $1,414.30 $0.00 $1,843.63 $329,324.50
150 $329,324.50 $1,414.30 $0.00 $1,862.05 $332,600.85
151 $332,600.85 $1,414.30 $0.00 $1,880.57 $335,895.72
152 $335,895.72 $1,414.30 $0.00 $1,899.20 $339,209.22
153 $339,209.22 $1,414.30 $0.00 $1,917.94 $342,541.46
154 $342,541.46 $1,414.30 $0.00 $1,936.78 $345,892.54
155 $345,892.54 $1,414.30 $0.00 $1,955.73 $349,262.57
156 $349,262.57 $1,414.30 $0.00 $1,974.78 $352,651.65
157 $352,651.65 $1,414.30 $0.00 $1,993.94 $356,059.89
158 $356,059.89 $1,414.30 $0.00 $2,013.21 $359,487.40
159 $359,487.40 $1,414.30 $0.00 $2,032.59 $362,934.29
160 $362,934.29 $1,414.30 $0.00 $2,052.08 $366,400.67
161 $366,400.67 $1,414.30 $0.00 $2,071.68 $369,886.65
162 $369,886.65 $1,414.30 $0.00 $2,091.39 $373,392.34
163 $373,392.34 $1,414.30 $0.00 $2,111.21 $376,917.85
164 $376,917.85 $1,414.30 $0.00 $2,131.15 $380,463.30
165 $380,463.30 $1,414.30 $0.00 $2,151.19 $384,028.79
166 $384,028.79 $1,414.30 $0.00 $2,171.35 $387,614.44
167 $387,614.44 $1,414.30 $0.00 $2,191.63 $391,220.37
168 $391,220.37 $1,414.30 $0.00 $2,212.02 $394,846.69
169 $394,846.69 $1,414.30 $0.00 $2,232.52 $398,493.51
170 $398,493.51 $1,414.30 $0.00 $2,253.14 $402,160.95
171 $402,160.95 $1,414.30 $0.00 $2,273.88 $405,849.13
172 $405,849.13 $1,414.30 $0.00 $2,294.73 $409,558.16
173 $409,558.16 $1,414.30 $0.00 $2,315.70 $413,288.16
174 $413,288.16 $1,414.30 $0.00 $2,336.79 $417,039.25
175 $417,039.25 $1,414.30 $0.00 $2,358.00 $420,811.55
176 $420,811.55 $1,414.30 $0.00 $2,379.33 $424,605.18
177 $424,605.18 $1,414.30 $0.00 $2,400.78 $428,420.26
178 $428,420.26 $1,414.30 $0.00 $2,422.35 $432,256.91
179 $432,256.91 $1,414.30 $0.00 $2,444.04 $436,115.25
180 $436,115.25 $1,414.30 $0.00 $2,465.86 $439,995.41
181 $439,995.41 $1,414.30 $0.00 $2,487.80 $443,897.51
182 $443,897.51 $1,414.30 $0.00 $2,509.86 $447,821.67
183 $447,821.67 $1,414.30 $0.00 $2,532.05 $451,768.02
184 $451,768.02 $1,414.30 $0.00 $2,554.36 $455,736.68
185 $455,736.68 $1,414.30 $0.00 $2,576.80 $459,727.78
186 $459,727.78 $1,414.30 $0.00 $2,599.37 $463,741.45
187 $463,741.45 $1,414.30 $0.00 $2,622.06 $467,777.81
188 $467,777.81 $1,414.30 $0.00 $2,644.88 $471,836.99
189 $471,836.99 $1,414.30 $0.00 $2,667.83 $475,919.12
190 $475,919.12 $1,414.30 $0.00 $2,690.92 $480,024.34
191 $480,024.34 $1,414.30 $0.00 $2,714.13 $484,152.77
192 $484,152.77 $1,414.30 $0.00 $2,737.47 $488,304.54
193 $488,304.54 $1,414.30 $0.00 $2,760.94 $492,479.78
194 $492,479.78 $1,414.30 $0.00 $2,784.55 $496,678.63
195 $496,678.63 $1,414.30 $0.00 $2,808.29 $500,901.22
196 $500,901.22 $1,414.30 $0.00 $2,832.17 $505,147.69
197 $505,147.69 $1,414.30 $0.00 $2,856.18 $509,418.17
198 $509,418.17 $1,414.30 $0.00 $2,880.32 $513,712.79
199 $513,712.79 $1,414.30 $0.00 $2,904.61 $518,031.70
200 $518,031.70 $1,414.30 $0.00 $2,929.03 $522,375.03
201 $522,375.03 $1,414.30 $0.00 $2,953.58 $526,742.91
202 $526,742.91 $1,414.30 $0.00 $2,978.28 $531,135.49
203 $531,135.49 $1,414.30 $0.00 $3,003.12 $535,552.91
204 $535,552.91 $1,414.30 $0.00 $3,028.09 $539,995.30
205 $539,995.30 $1,414.30 $0.00 $3,053.21 $544,462.81
206 $544,462.81 $1,414.30 $0.00 $3,078.47 $548,955.58
207 $548,955.58 $1,414.30 $0.00 $3,103.87 $553,473.75
208 $553,473.75 $1,414.30 $0.00 $3,129.42 $558,017.47
209 $558,017.47 $1,414.30 $0.00 $3,155.11 $562,586.88
210 $562,586.88 $1,414.30 $0.00 $3,180.95 $567,182.13
211 $567,182.13 $1,414.30 $0.00 $3,206.93 $571,803.36
212 $571,803.36 $1,414.30 $0.00 $3,233.06 $576,450.72
213 $576,450.72 $1,414.30 $0.00 $3,259.34 $581,124.36
214 $581,124.36 $1,414.30 $0.00 $3,285.76 $585,824.42
215 $585,824.42 $1,414.30 $0.00 $3,312.34 $590,551.06
216 $590,551.06 $1,414.30 $0.00 $3,339.06 $595,304.42
217 $595,304.42 $1,414.30 $165,811.25 $3,365.94 $434,273.41
218 $434,273.41 $1,414.30 $0.00 $2,455.44 $438,143.15
219 $438,143.15 $1,414.30 $0.00 $2,477.33 $442,034.78
220 $442,034.78 $1,414.30 $0.00 $2,499.33 $445,948.41
221 $445,948.41 $1,414.30 $0.00 $2,521.46 $449,884.17
222 $449,884.17 $1,414.30 $0.00 $2,543.71 $453,842.18
223 $453,842.18 $1,414.30 $0.00 $2,566.09 $457,822.57
224 $457,822.57 $1,414.30 $0.00 $2,588.60 $461,825.47
225 $461,825.47 $1,414.30 $0.00 $2,611.23 $465,851.00
226 $465,851.00 $1,414.30 $0.00 $2,633.99 $469,899.29
227 $469,899.29 $1,414.30 $0.00 $2,656.88 $473,970.47
228 $473,970.47 $1,414.30 $0.00 $2,679.90 $478,064.67
229 $478,064.67 $1,414.30 $174,101.81 $2,703.05 $308,080.21
230 $308,080.21 $1,414.30 $0.00 $1,741.93 $311,236.44
231 $311,236.44 $1,414.30 $0.00 $1,759.78 $314,410.52
232 $314,410.52 $1,414.30 $0.00 $1,777.72 $317,602.54
233 $317,602.54 $1,414.30 $0.00 $1,795.77 $320,812.61
234 $320,812.61 $1,414.30 $0.00 $1,813.92 $324,040.83
235 $324,040.83 $1,414.30 $0.00 $1,832.17 $327,287.30
236 $327,287.30 $1,414.30 $0.00 $1,850.53 $330,552.13
237 $330,552.13 $1,414.30 $0.00 $1,868.99 $333,835.42
238 $333,835.42 $1,414.30 $0.00 $1,887.55 $337,137.27
239 $337,137.27 $1,414.30 $0.00 $1,906.22 $340,457.79
240 $340,457.79 $1,414.30 $0.00 $1,925.00 $343,797.09
241 $343,797.09 $1,414.30 $182,806.91 $1,943.88 $164,348.36
242 $164,348.36 $1,414.30 $0.00 $929.25 $166,691.91
243 $166,691.91 $1,414.30 $0.00 $942.50 $169,048.71
244 $169,048.71 $1,414.30 $0.00 $955.83 $171,418.84
245 $171,418.84 $1,414.30 $0.00 $969.23 $173,802.37
246 $173,802.37 $1,414.30 $0.00 $982.70 $176,199.37
247 $176,199.37 $1,414.30 $0.00 $996.26 $178,609.93
248 $178,609.93 $1,414.30 $0.00 $1,009.89 $181,034.12
249 $181,034.12 $1,414.30 $0.00 $1,023.59 $183,472.01
250 $183,472.01 $1,414.30 $0.00 $1,037.38 $185,923.69
251 $185,923.69 $1,414.30 $0.00 $1,051.24 $188,389.23
252 $188,389.23 $1,414.30 $0.00 $1,065.18 $190,868.71
253 $190,868.71 $0.00 $191,947.25 $1,079.20 $0.66