Savings Plan and Future Cost Estimation for Buena Vista University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$134,318
Monthly savings required$1,063

How much will it cost to send your child to Buena Vista University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $537,271.09 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,063.24 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$51,796.00
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 $1,063.24 $0.00 $0.00 $1,063.24
2 $1,063.24 $1,063.24 $0.00 $6.01 $2,132.49
3 $2,132.49 $1,063.24 $0.00 $12.06 $3,207.79
4 $3,207.79 $1,063.24 $0.00 $18.14 $4,289.17
5 $4,289.17 $1,063.24 $0.00 $24.25 $5,376.66
6 $5,376.66 $1,063.24 $0.00 $30.40 $6,470.30
7 $6,470.30 $1,063.24 $0.00 $36.58 $7,570.12
8 $7,570.12 $1,063.24 $0.00 $42.80 $8,676.16
9 $8,676.16 $1,063.24 $0.00 $49.06 $9,788.46
10 $9,788.46 $1,063.24 $0.00 $55.35 $10,907.05
11 $10,907.05 $1,063.24 $0.00 $61.67 $12,031.96
12 $12,031.96 $1,063.24 $0.00 $68.03 $13,163.23
13 $13,163.23 $1,063.24 $0.00 $74.43 $14,300.90
14 $14,300.90 $1,063.24 $0.00 $80.86 $15,445.00
15 $15,445.00 $1,063.24 $0.00 $87.33 $16,595.57
16 $16,595.57 $1,063.24 $0.00 $93.83 $17,752.64
17 $17,752.64 $1,063.24 $0.00 $100.38 $18,916.26
18 $18,916.26 $1,063.24 $0.00 $106.96 $20,086.46
19 $20,086.46 $1,063.24 $0.00 $113.57 $21,263.27
20 $21,263.27 $1,063.24 $0.00 $120.23 $22,446.74
21 $22,446.74 $1,063.24 $0.00 $126.92 $23,636.90
22 $23,636.90 $1,063.24 $0.00 $133.65 $24,833.79
23 $24,833.79 $1,063.24 $0.00 $140.41 $26,037.44
24 $26,037.44 $1,063.24 $0.00 $147.22 $27,247.90
25 $27,247.90 $1,063.24 $0.00 $154.06 $28,465.20
26 $28,465.20 $1,063.24 $0.00 $160.95 $29,689.39
27 $29,689.39 $1,063.24 $0.00 $167.87 $30,920.50
28 $30,920.50 $1,063.24 $0.00 $174.83 $32,158.57
29 $32,158.57 $1,063.24 $0.00 $181.83 $33,403.64
30 $33,403.64 $1,063.24 $0.00 $188.87 $34,655.75
31 $34,655.75 $1,063.24 $0.00 $195.95 $35,914.94
32 $35,914.94 $1,063.24 $0.00 $203.07 $37,181.25
33 $37,181.25 $1,063.24 $0.00 $210.23 $38,454.72
34 $38,454.72 $1,063.24 $0.00 $217.43 $39,735.39
35 $39,735.39 $1,063.24 $0.00 $224.67 $41,023.30
36 $41,023.30 $1,063.24 $0.00 $231.95 $42,318.49
37 $42,318.49 $1,063.24 $0.00 $239.27 $43,621.00
38 $43,621.00 $1,063.24 $0.00 $246.64 $44,930.88
39 $44,930.88 $1,063.24 $0.00 $254.05 $46,248.17
40 $46,248.17 $1,063.24 $0.00 $261.49 $47,572.90
41 $47,572.90 $1,063.24 $0.00 $268.98 $48,905.12
42 $48,905.12 $1,063.24 $0.00 $276.52 $50,244.88
43 $50,244.88 $1,063.24 $0.00 $284.09 $51,592.21
44 $51,592.21 $1,063.24 $0.00 $291.71 $52,947.16
45 $52,947.16 $1,063.24 $0.00 $299.37 $54,309.77
46 $54,309.77 $1,063.24 $0.00 $307.08 $55,680.09
47 $55,680.09 $1,063.24 $0.00 $314.82 $57,058.15
48 $57,058.15 $1,063.24 $0.00 $322.62 $58,444.01
49 $58,444.01 $1,063.24 $0.00 $330.45 $59,837.70
50 $59,837.70 $1,063.24 $0.00 $338.33 $61,239.27
51 $61,239.27 $1,063.24 $0.00 $346.26 $62,648.77
52 $62,648.77 $1,063.24 $0.00 $354.23 $64,066.24
53 $64,066.24 $1,063.24 $0.00 $362.24 $65,491.72
54 $65,491.72 $1,063.24 $0.00 $370.30 $66,925.26
55 $66,925.26 $1,063.24 $0.00 $378.41 $68,366.91
56 $68,366.91 $1,063.24 $0.00 $386.56 $69,816.71
57 $69,816.71 $1,063.24 $0.00 $394.75 $71,274.70
58 $71,274.70 $1,063.24 $0.00 $403.00 $72,740.94
59 $72,740.94 $1,063.24 $0.00 $411.29 $74,215.47
60 $74,215.47 $1,063.24 $0.00 $419.63 $75,698.34
61 $75,698.34 $1,063.24 $0.00 $428.01 $77,189.59
62 $77,189.59 $1,063.24 $0.00 $436.44 $78,689.27
63 $78,689.27 $1,063.24 $0.00 $444.92 $80,197.43
64 $80,197.43 $1,063.24 $0.00 $453.45 $81,714.12
65 $81,714.12 $1,063.24 $0.00 $462.02 $83,239.38
66 $83,239.38 $1,063.24 $0.00 $470.65 $84,773.27
67 $84,773.27 $1,063.24 $0.00 $479.32 $86,315.83
68 $86,315.83 $1,063.24 $0.00 $488.04 $87,867.11
69 $87,867.11 $1,063.24 $0.00 $496.81 $89,427.16
70 $89,427.16 $1,063.24 $0.00 $505.63 $90,996.03
71 $90,996.03 $1,063.24 $0.00 $514.50 $92,573.77
72 $92,573.77 $1,063.24 $0.00 $523.43 $94,160.44
73 $94,160.44 $1,063.24 $0.00 $532.40 $95,756.08
74 $95,756.08 $1,063.24 $0.00 $541.42 $97,360.74
75 $97,360.74 $1,063.24 $0.00 $550.49 $98,974.47
76 $98,974.47 $1,063.24 $0.00 $559.62 $100,597.33
77 $100,597.33 $1,063.24 $0.00 $568.79 $102,229.36
78 $102,229.36 $1,063.24 $0.00 $578.02 $103,870.62
79 $103,870.62 $1,063.24 $0.00 $587.30 $105,521.16
80 $105,521.16 $1,063.24 $0.00 $596.63 $107,181.03
81 $107,181.03 $1,063.24 $0.00 $606.02 $108,850.29
82 $108,850.29 $1,063.24 $0.00 $615.46 $110,528.99
83 $110,528.99 $1,063.24 $0.00 $624.95 $112,217.18
84 $112,217.18 $1,063.24 $0.00 $634.49 $113,914.91
85 $113,914.91 $1,063.24 $0.00 $644.09 $115,622.24
86 $115,622.24 $1,063.24 $0.00 $653.74 $117,339.22
87 $117,339.22 $1,063.24 $0.00 $663.45 $119,065.91
88 $119,065.91 $1,063.24 $0.00 $673.22 $120,802.37
89 $120,802.37 $1,063.24 $0.00 $683.03 $122,548.64
90 $122,548.64 $1,063.24 $0.00 $692.91 $124,304.79
91 $124,304.79 $1,063.24 $0.00 $702.84 $126,070.87
92 $126,070.87 $1,063.24 $0.00 $712.82 $127,846.93
93 $127,846.93 $1,063.24 $0.00 $722.87 $129,633.04
94 $129,633.04 $1,063.24 $0.00 $732.96 $131,429.24
95 $131,429.24 $1,063.24 $0.00 $743.12 $133,235.60
96 $133,235.60 $1,063.24 $0.00 $753.33 $135,052.17
97 $135,052.17 $1,063.24 $0.00 $763.60 $136,879.01
98 $136,879.01 $1,063.24 $0.00 $773.93 $138,716.18
99 $138,716.18 $1,063.24 $0.00 $784.32 $140,563.74
100 $140,563.74 $1,063.24 $0.00 $794.77 $142,421.75
101 $142,421.75 $1,063.24 $0.00 $805.27 $144,290.26
102 $144,290.26 $1,063.24 $0.00 $815.84 $146,169.34
103 $146,169.34 $1,063.24 $0.00 $826.46 $148,059.04
104 $148,059.04 $1,063.24 $0.00 $837.15 $149,959.43
105 $149,959.43 $1,063.24 $0.00 $847.89 $151,870.56
106 $151,870.56 $1,063.24 $0.00 $858.70 $153,792.50
107 $153,792.50 $1,063.24 $0.00 $869.57 $155,725.31
108 $155,725.31 $1,063.24 $0.00 $880.49 $157,669.04
109 $157,669.04 $1,063.24 $0.00 $891.48 $159,623.76
110 $159,623.76 $1,063.24 $0.00 $902.54 $161,589.54
111 $161,589.54 $1,063.24 $0.00 $913.65 $163,566.43
112 $163,566.43 $1,063.24 $0.00 $924.83 $165,554.50
113 $165,554.50 $1,063.24 $0.00 $936.07 $167,553.81
114 $167,553.81 $1,063.24 $0.00 $947.37 $169,564.42
115 $169,564.42 $1,063.24 $0.00 $958.74 $171,586.40
116 $171,586.40 $1,063.24 $0.00 $970.17 $173,619.81
117 $173,619.81 $1,063.24 $0.00 $981.67 $175,664.72
118 $175,664.72 $1,063.24 $0.00 $993.23 $177,721.19
119 $177,721.19 $1,063.24 $0.00 $1,004.86 $179,789.29
120 $179,789.29 $1,063.24 $0.00 $1,016.55 $181,869.08
121 $181,869.08 $1,063.24 $0.00 $1,028.31 $183,960.63
122 $183,960.63 $1,063.24 $0.00 $1,040.14 $186,064.01
123 $186,064.01 $1,063.24 $0.00 $1,052.03 $188,179.28
124 $188,179.28 $1,063.24 $0.00 $1,063.99 $190,306.51
125 $190,306.51 $1,063.24 $0.00 $1,076.02 $192,445.77
126 $192,445.77 $1,063.24 $0.00 $1,088.12 $194,597.13
127 $194,597.13 $1,063.24 $0.00 $1,100.28 $196,760.65
128 $196,760.65 $1,063.24 $0.00 $1,112.51 $198,936.40
129 $198,936.40 $1,063.24 $0.00 $1,124.82 $201,124.46
130 $201,124.46 $1,063.24 $0.00 $1,137.19 $203,324.89
131 $203,324.89 $1,063.24 $0.00 $1,149.63 $205,537.76
132 $205,537.76 $1,063.24 $0.00 $1,162.14 $207,763.14
133 $207,763.14 $1,063.24 $0.00 $1,174.72 $210,001.10
134 $210,001.10 $1,063.24 $0.00 $1,187.38 $212,251.72
135 $212,251.72 $1,063.24 $0.00 $1,200.10 $214,515.06
136 $214,515.06 $1,063.24 $0.00 $1,212.90 $216,791.20
137 $216,791.20 $1,063.24 $0.00 $1,225.77 $219,080.21
138 $219,080.21 $1,063.24 $0.00 $1,238.71 $221,382.16
139 $221,382.16 $1,063.24 $0.00 $1,251.73 $223,697.13
140 $223,697.13 $1,063.24 $0.00 $1,264.82 $226,025.19
141 $226,025.19 $1,063.24 $0.00 $1,277.98 $228,366.41
142 $228,366.41 $1,063.24 $0.00 $1,291.22 $230,720.87
143 $230,720.87 $1,063.24 $0.00 $1,304.53 $233,088.64
144 $233,088.64 $1,063.24 $0.00 $1,317.92 $235,469.80
145 $235,469.80 $1,063.24 $0.00 $1,331.38 $237,864.42
146 $237,864.42 $1,063.24 $0.00 $1,344.92 $240,272.58
147 $240,272.58 $1,063.24 $0.00 $1,358.54 $242,694.36
148 $242,694.36 $1,063.24 $0.00 $1,372.23 $245,129.83
149 $245,129.83 $1,063.24 $0.00 $1,386.00 $247,579.07
150 $247,579.07 $1,063.24 $0.00 $1,399.85 $250,042.16
151 $250,042.16 $1,063.24 $0.00 $1,413.77 $252,519.17
152 $252,519.17 $1,063.24 $0.00 $1,427.78 $255,010.19
153 $255,010.19 $1,063.24 $0.00 $1,441.86 $257,515.29
154 $257,515.29 $1,063.24 $0.00 $1,456.03 $260,034.56
155 $260,034.56 $1,063.24 $0.00 $1,470.27 $262,568.07
156 $262,568.07 $1,063.24 $0.00 $1,484.60 $265,115.91
157 $265,115.91 $1,063.24 $0.00 $1,499.00 $267,678.15
158 $267,678.15 $1,063.24 $0.00 $1,513.49 $270,254.88
159 $270,254.88 $1,063.24 $0.00 $1,528.06 $272,846.18
160 $272,846.18 $1,063.24 $0.00 $1,542.71 $275,452.13
161 $275,452.13 $1,063.24 $0.00 $1,557.45 $278,072.82
162 $278,072.82 $1,063.24 $0.00 $1,572.26 $280,708.32
163 $280,708.32 $1,063.24 $0.00 $1,587.17 $283,358.73
164 $283,358.73 $1,063.24 $0.00 $1,602.15 $286,024.12
165 $286,024.12 $1,063.24 $0.00 $1,617.22 $288,704.58
166 $288,704.58 $1,063.24 $0.00 $1,632.38 $291,400.20
167 $291,400.20 $1,063.24 $0.00 $1,647.62 $294,111.06
168 $294,111.06 $1,063.24 $0.00 $1,662.95 $296,837.25
169 $296,837.25 $1,063.24 $0.00 $1,678.36 $299,578.85
170 $299,578.85 $1,063.24 $0.00 $1,693.86 $302,335.95
171 $302,335.95 $1,063.24 $0.00 $1,709.45 $305,108.64
172 $305,108.64 $1,063.24 $0.00 $1,725.13 $307,897.01
173 $307,897.01 $1,063.24 $0.00 $1,740.89 $310,701.14
174 $310,701.14 $1,063.24 $0.00 $1,756.75 $313,521.13
175 $313,521.13 $1,063.24 $0.00 $1,772.69 $316,357.06
176 $316,357.06 $1,063.24 $0.00 $1,788.73 $319,209.03
177 $319,209.03 $1,063.24 $0.00 $1,804.85 $322,077.12
178 $322,077.12 $1,063.24 $0.00 $1,821.07 $324,961.43
179 $324,961.43 $1,063.24 $0.00 $1,837.38 $327,862.05
180 $327,862.05 $1,063.24 $0.00 $1,853.78 $330,779.07
181 $330,779.07 $1,063.24 $0.00 $1,870.27 $333,712.58
182 $333,712.58 $1,063.24 $0.00 $1,886.86 $336,662.68
183 $336,662.68 $1,063.24 $0.00 $1,903.54 $339,629.46
184 $339,629.46 $1,063.24 $0.00 $1,920.31 $342,613.01
185 $342,613.01 $1,063.24 $0.00 $1,937.18 $345,613.43
186 $345,613.43 $1,063.24 $0.00 $1,954.15 $348,630.82
187 $348,630.82 $1,063.24 $0.00 $1,971.21 $351,665.27
188 $351,665.27 $1,063.24 $0.00 $1,988.37 $354,716.88
189 $354,716.88 $1,063.24 $0.00 $2,005.62 $357,785.74
190 $357,785.74 $1,063.24 $0.00 $2,022.97 $360,871.95
191 $360,871.95 $1,063.24 $0.00 $2,040.42 $363,975.61
192 $363,975.61 $1,063.24 $0.00 $2,057.97 $367,096.82
193 $367,096.82 $1,063.24 $0.00 $2,075.62 $370,235.68
194 $370,235.68 $1,063.24 $0.00 $2,093.37 $373,392.29
195 $373,392.29 $1,063.24 $0.00 $2,111.21 $376,566.74
196 $376,566.74 $1,063.24 $0.00 $2,129.16 $379,759.14
197 $379,759.14 $1,063.24 $0.00 $2,147.21 $382,969.59
198 $382,969.59 $1,063.24 $0.00 $2,165.37 $386,198.20
199 $386,198.20 $1,063.24 $0.00 $2,183.62 $389,445.06
200 $389,445.06 $1,063.24 $0.00 $2,201.98 $392,710.28
201 $392,710.28 $1,063.24 $0.00 $2,220.44 $395,993.96
202 $395,993.96 $1,063.24 $0.00 $2,239.01 $399,296.21
203 $399,296.21 $1,063.24 $0.00 $2,257.68 $402,617.13
204 $402,617.13 $1,063.24 $0.00 $2,276.46 $405,956.83
205 $405,956.83 $1,063.24 $0.00 $2,295.34 $409,315.41
206 $409,315.41 $1,063.24 $0.00 $2,314.33 $412,692.98
207 $412,692.98 $1,063.24 $0.00 $2,333.43 $416,089.65
208 $416,089.65 $1,063.24 $0.00 $2,352.63 $419,505.52
209 $419,505.52 $1,063.24 $0.00 $2,371.95 $422,940.71
210 $422,940.71 $1,063.24 $0.00 $2,391.37 $426,395.32
211 $426,395.32 $1,063.24 $0.00 $2,410.90 $429,869.46
212 $429,869.46 $1,063.24 $0.00 $2,430.54 $433,363.24
213 $433,363.24 $1,063.24 $0.00 $2,450.30 $436,876.78
214 $436,876.78 $1,063.24 $0.00 $2,470.16 $440,410.18
215 $440,410.18 $1,063.24 $0.00 $2,490.14 $443,963.56
216 $443,963.56 $1,063.24 $0.00 $2,510.23 $447,537.03
217 $447,537.03 $1,063.24 $124,653.25 $2,530.44 $326,477.46
218 $326,477.46 $1,063.24 $0.00 $1,845.95 $329,386.65
219 $329,386.65 $1,063.24 $0.00 $1,862.40 $332,312.29
220 $332,312.29 $1,063.24 $0.00 $1,878.94 $335,254.47
221 $335,254.47 $1,063.24 $0.00 $1,895.58 $338,213.29
222 $338,213.29 $1,063.24 $0.00 $1,912.31 $341,188.84
223 $341,188.84 $1,063.24 $0.00 $1,929.13 $344,181.21
224 $344,181.21 $1,063.24 $0.00 $1,946.05 $347,190.50
225 $347,190.50 $1,063.24 $0.00 $1,963.07 $350,216.81
226 $350,216.81 $1,063.24 $0.00 $1,980.18 $353,260.23
227 $353,260.23 $1,063.24 $0.00 $1,997.38 $356,320.85
228 $356,320.85 $1,063.24 $0.00 $2,014.69 $359,398.78
229 $359,398.78 $1,063.24 $130,885.91 $2,032.09 $231,608.20
230 $231,608.20 $1,063.24 $0.00 $1,309.55 $233,980.99
231 $233,980.99 $1,063.24 $0.00 $1,322.96 $236,367.19
232 $236,367.19 $1,063.24 $0.00 $1,336.45 $238,766.88
233 $238,766.88 $1,063.24 $0.00 $1,350.02 $241,180.14
234 $241,180.14 $1,063.24 $0.00 $1,363.67 $243,607.05
235 $243,607.05 $1,063.24 $0.00 $1,377.39 $246,047.68
236 $246,047.68 $1,063.24 $0.00 $1,391.19 $248,502.11
237 $248,502.11 $1,063.24 $0.00 $1,405.07 $250,970.42
238 $250,970.42 $1,063.24 $0.00 $1,419.02 $253,452.68
239 $253,452.68 $1,063.24 $0.00 $1,433.06 $255,948.98
240 $255,948.98 $1,063.24 $0.00 $1,447.17 $258,459.39
241 $258,459.39 $1,063.24 $137,430.21 $1,461.37 $123,553.79
242 $123,553.79 $1,063.24 $0.00 $698.59 $125,315.62
243 $125,315.62 $1,063.24 $0.00 $708.55 $127,087.41
244 $127,087.41 $1,063.24 $0.00 $718.57 $128,869.22
245 $128,869.22 $1,063.24 $0.00 $728.65 $130,661.11
246 $130,661.11 $1,063.24 $0.00 $738.78 $132,463.13
247 $132,463.13 $1,063.24 $0.00 $748.97 $134,275.34
248 $134,275.34 $1,063.24 $0.00 $759.21 $136,097.79
249 $136,097.79 $1,063.24 $0.00 $769.52 $137,930.55
250 $137,930.55 $1,063.24 $0.00 $779.88 $139,773.67
251 $139,773.67 $1,063.24 $0.00 $790.30 $141,627.21
252 $141,627.21 $1,063.24 $0.00 $800.78 $143,491.23
253 $143,491.23 $0.00 $144,301.72 $811.32 $0.83