Savings Plan and Future Cost Estimation for Grand View University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$113,961
Monthly savings required$902

How much will it cost to send your child to Grand View University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $455,844.38 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $902.10 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$43,946.00
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 $902.10 $0.00 $0.00 $902.10
2 $902.10 $902.10 $0.00 $5.10 $1,809.30
3 $1,809.30 $902.10 $0.00 $10.23 $2,721.63
4 $2,721.63 $902.10 $0.00 $15.39 $3,639.12
5 $3,639.12 $902.10 $0.00 $20.58 $4,561.80
6 $4,561.80 $902.10 $0.00 $25.79 $5,489.69
7 $5,489.69 $902.10 $0.00 $31.04 $6,422.83
8 $6,422.83 $902.10 $0.00 $36.32 $7,361.25
9 $7,361.25 $902.10 $0.00 $41.62 $8,304.97
10 $8,304.97 $902.10 $0.00 $46.96 $9,254.03
11 $9,254.03 $902.10 $0.00 $52.32 $10,208.45
12 $10,208.45 $902.10 $0.00 $57.72 $11,168.27
13 $11,168.27 $902.10 $0.00 $63.15 $12,133.52
14 $12,133.52 $902.10 $0.00 $68.60 $13,104.22
15 $13,104.22 $902.10 $0.00 $74.09 $14,080.41
16 $14,080.41 $902.10 $0.00 $79.61 $15,062.12
17 $15,062.12 $902.10 $0.00 $85.16 $16,049.38
18 $16,049.38 $902.10 $0.00 $90.75 $17,042.23
19 $17,042.23 $902.10 $0.00 $96.36 $18,040.69
20 $18,040.69 $902.10 $0.00 $102.00 $19,044.79
21 $19,044.79 $902.10 $0.00 $107.68 $20,054.57
22 $20,054.57 $902.10 $0.00 $113.39 $21,070.06
23 $21,070.06 $902.10 $0.00 $119.13 $22,091.29
24 $22,091.29 $902.10 $0.00 $124.91 $23,118.30
25 $23,118.30 $902.10 $0.00 $130.71 $24,151.11
26 $24,151.11 $902.10 $0.00 $136.55 $25,189.76
27 $25,189.76 $902.10 $0.00 $142.43 $26,234.29
28 $26,234.29 $902.10 $0.00 $148.33 $27,284.72
29 $27,284.72 $902.10 $0.00 $154.27 $28,341.09
30 $28,341.09 $902.10 $0.00 $160.24 $29,403.43
31 $29,403.43 $902.10 $0.00 $166.25 $30,471.78
32 $30,471.78 $902.10 $0.00 $172.29 $31,546.17
33 $31,546.17 $902.10 $0.00 $178.37 $32,626.64
34 $32,626.64 $902.10 $0.00 $184.48 $33,713.22
35 $33,713.22 $902.10 $0.00 $190.62 $34,805.94
36 $34,805.94 $902.10 $0.00 $196.80 $35,904.84
37 $35,904.84 $902.10 $0.00 $203.01 $37,009.95
38 $37,009.95 $902.10 $0.00 $209.26 $38,121.31
39 $38,121.31 $902.10 $0.00 $215.54 $39,238.95
40 $39,238.95 $902.10 $0.00 $221.86 $40,362.91
41 $40,362.91 $902.10 $0.00 $228.22 $41,493.23
42 $41,493.23 $902.10 $0.00 $234.61 $42,629.94
43 $42,629.94 $902.10 $0.00 $241.04 $43,773.08
44 $43,773.08 $902.10 $0.00 $247.50 $44,922.68
45 $44,922.68 $902.10 $0.00 $254.00 $46,078.78
46 $46,078.78 $902.10 $0.00 $260.54 $47,241.42
47 $47,241.42 $902.10 $0.00 $267.11 $48,410.63
48 $48,410.63 $902.10 $0.00 $273.72 $49,586.45
49 $49,586.45 $902.10 $0.00 $280.37 $50,768.92
50 $50,768.92 $902.10 $0.00 $287.05 $51,958.07
51 $51,958.07 $902.10 $0.00 $293.78 $53,153.95
52 $53,153.95 $902.10 $0.00 $300.54 $54,356.59
53 $54,356.59 $902.10 $0.00 $307.34 $55,566.03
54 $55,566.03 $902.10 $0.00 $314.18 $56,782.31
55 $56,782.31 $902.10 $0.00 $321.06 $58,005.47
56 $58,005.47 $902.10 $0.00 $327.97 $59,235.54
57 $59,235.54 $902.10 $0.00 $334.93 $60,472.57
58 $60,472.57 $902.10 $0.00 $341.92 $61,716.59
59 $61,716.59 $902.10 $0.00 $348.95 $62,967.64
60 $62,967.64 $902.10 $0.00 $356.03 $64,225.77
61 $64,225.77 $902.10 $0.00 $363.14 $65,491.01
62 $65,491.01 $902.10 $0.00 $370.30 $66,763.41
63 $66,763.41 $902.10 $0.00 $377.49 $68,043.00
64 $68,043.00 $902.10 $0.00 $384.73 $69,329.83
65 $69,329.83 $902.10 $0.00 $392.00 $70,623.93
66 $70,623.93 $902.10 $0.00 $399.32 $71,925.35
67 $71,925.35 $902.10 $0.00 $406.68 $73,234.13
68 $73,234.13 $902.10 $0.00 $414.08 $74,550.31
69 $74,550.31 $902.10 $0.00 $421.52 $75,873.93
70 $75,873.93 $902.10 $0.00 $429.00 $77,205.03
71 $77,205.03 $902.10 $0.00 $436.53 $78,543.66
72 $78,543.66 $902.10 $0.00 $444.10 $79,889.86
73 $79,889.86 $902.10 $0.00 $451.71 $81,243.67
74 $81,243.67 $902.10 $0.00 $459.36 $82,605.13
75 $82,605.13 $902.10 $0.00 $467.06 $83,974.29
76 $83,974.29 $902.10 $0.00 $474.80 $85,351.19
77 $85,351.19 $902.10 $0.00 $482.59 $86,735.88
78 $86,735.88 $902.10 $0.00 $490.42 $88,128.40
79 $88,128.40 $902.10 $0.00 $498.29 $89,528.79
80 $89,528.79 $902.10 $0.00 $506.21 $90,937.10
81 $90,937.10 $902.10 $0.00 $514.17 $92,353.37
82 $92,353.37 $902.10 $0.00 $522.18 $93,777.65
83 $93,777.65 $902.10 $0.00 $530.23 $95,209.98
84 $95,209.98 $902.10 $0.00 $538.33 $96,650.41
85 $96,650.41 $902.10 $0.00 $546.48 $98,098.99
86 $98,098.99 $902.10 $0.00 $554.67 $99,555.76
87 $99,555.76 $902.10 $0.00 $562.90 $101,020.76
88 $101,020.76 $902.10 $0.00 $571.19 $102,494.05
89 $102,494.05 $902.10 $0.00 $579.52 $103,975.67
90 $103,975.67 $902.10 $0.00 $587.89 $105,465.66
91 $105,465.66 $902.10 $0.00 $596.32 $106,964.08
92 $106,964.08 $902.10 $0.00 $604.79 $108,470.97
93 $108,470.97 $902.10 $0.00 $613.31 $109,986.38
94 $109,986.38 $902.10 $0.00 $621.88 $111,510.36
95 $111,510.36 $902.10 $0.00 $630.50 $113,042.96
96 $113,042.96 $902.10 $0.00 $639.16 $114,584.22
97 $114,584.22 $902.10 $0.00 $647.88 $116,134.20
98 $116,134.20 $902.10 $0.00 $656.64 $117,692.94
99 $117,692.94 $902.10 $0.00 $665.45 $119,260.49
100 $119,260.49 $902.10 $0.00 $674.32 $120,836.91
101 $120,836.91 $902.10 $0.00 $683.23 $122,422.24
102 $122,422.24 $902.10 $0.00 $692.19 $124,016.53
103 $124,016.53 $902.10 $0.00 $701.21 $125,619.84
104 $125,619.84 $902.10 $0.00 $710.27 $127,232.21
105 $127,232.21 $902.10 $0.00 $719.39 $128,853.70
106 $128,853.70 $902.10 $0.00 $728.56 $130,484.36
107 $130,484.36 $902.10 $0.00 $737.78 $132,124.24
108 $132,124.24 $902.10 $0.00 $747.05 $133,773.39
109 $133,773.39 $902.10 $0.00 $756.37 $135,431.86
110 $135,431.86 $902.10 $0.00 $765.75 $137,099.71
111 $137,099.71 $902.10 $0.00 $775.18 $138,776.99
112 $138,776.99 $902.10 $0.00 $784.67 $140,463.76
113 $140,463.76 $902.10 $0.00 $794.20 $142,160.06
114 $142,160.06 $902.10 $0.00 $803.79 $143,865.95
115 $143,865.95 $902.10 $0.00 $813.44 $145,581.49
116 $145,581.49 $902.10 $0.00 $823.14 $147,306.73
117 $147,306.73 $902.10 $0.00 $832.89 $149,041.72
118 $149,041.72 $902.10 $0.00 $842.70 $150,786.52
119 $150,786.52 $902.10 $0.00 $852.57 $152,541.19
120 $152,541.19 $902.10 $0.00 $862.49 $154,305.78
121 $154,305.78 $902.10 $0.00 $872.47 $156,080.35
122 $156,080.35 $902.10 $0.00 $882.50 $157,864.95
123 $157,864.95 $902.10 $0.00 $892.59 $159,659.64
124 $159,659.64 $902.10 $0.00 $902.74 $161,464.48
125 $161,464.48 $902.10 $0.00 $912.94 $163,279.52
126 $163,279.52 $902.10 $0.00 $923.21 $165,104.83
127 $165,104.83 $902.10 $0.00 $933.53 $166,940.46
128 $166,940.46 $902.10 $0.00 $943.91 $168,786.47
129 $168,786.47 $902.10 $0.00 $954.34 $170,642.91
130 $170,642.91 $902.10 $0.00 $964.84 $172,509.85
131 $172,509.85 $902.10 $0.00 $975.40 $174,387.35
132 $174,387.35 $902.10 $0.00 $986.01 $176,275.46
133 $176,275.46 $902.10 $0.00 $996.69 $178,174.25
134 $178,174.25 $902.10 $0.00 $1,007.42 $180,083.77
135 $180,083.77 $902.10 $0.00 $1,018.22 $182,004.09
136 $182,004.09 $902.10 $0.00 $1,029.08 $183,935.27
137 $183,935.27 $902.10 $0.00 $1,040.00 $185,877.37
138 $185,877.37 $902.10 $0.00 $1,050.98 $187,830.45
139 $187,830.45 $902.10 $0.00 $1,062.02 $189,794.57
140 $189,794.57 $902.10 $0.00 $1,073.13 $191,769.80
141 $191,769.80 $902.10 $0.00 $1,084.29 $193,756.19
142 $193,756.19 $902.10 $0.00 $1,095.53 $195,753.82
143 $195,753.82 $902.10 $0.00 $1,106.82 $197,762.74
144 $197,762.74 $902.10 $0.00 $1,118.18 $199,783.02
145 $199,783.02 $902.10 $0.00 $1,129.60 $201,814.72
146 $201,814.72 $902.10 $0.00 $1,141.09 $203,857.91
147 $203,857.91 $902.10 $0.00 $1,152.64 $205,912.65
148 $205,912.65 $902.10 $0.00 $1,164.26 $207,979.01
149 $207,979.01 $902.10 $0.00 $1,175.94 $210,057.05
150 $210,057.05 $902.10 $0.00 $1,187.69 $212,146.84
151 $212,146.84 $902.10 $0.00 $1,199.51 $214,248.45
152 $214,248.45 $902.10 $0.00 $1,211.39 $216,361.94
153 $216,361.94 $902.10 $0.00 $1,223.34 $218,487.38
154 $218,487.38 $902.10 $0.00 $1,235.36 $220,624.84
155 $220,624.84 $902.10 $0.00 $1,247.44 $222,774.38
156 $222,774.38 $902.10 $0.00 $1,259.60 $224,936.08
157 $224,936.08 $902.10 $0.00 $1,271.82 $227,110.00
158 $227,110.00 $902.10 $0.00 $1,284.11 $229,296.21
159 $229,296.21 $902.10 $0.00 $1,296.47 $231,494.78
160 $231,494.78 $902.10 $0.00 $1,308.91 $233,705.79
161 $233,705.79 $902.10 $0.00 $1,321.41 $235,929.30
162 $235,929.30 $902.10 $0.00 $1,333.98 $238,165.38
163 $238,165.38 $902.10 $0.00 $1,346.62 $240,414.10
164 $240,414.10 $902.10 $0.00 $1,359.34 $242,675.54
165 $242,675.54 $902.10 $0.00 $1,372.12 $244,949.76
166 $244,949.76 $902.10 $0.00 $1,384.98 $247,236.84
167 $247,236.84 $902.10 $0.00 $1,397.91 $249,536.85
168 $249,536.85 $902.10 $0.00 $1,410.92 $251,849.87
169 $251,849.87 $902.10 $0.00 $1,424.00 $254,175.97
170 $254,175.97 $902.10 $0.00 $1,437.15 $256,515.22
171 $256,515.22 $902.10 $0.00 $1,450.37 $258,867.69
172 $258,867.69 $902.10 $0.00 $1,463.68 $261,233.47
173 $261,233.47 $902.10 $0.00 $1,477.05 $263,612.62
174 $263,612.62 $902.10 $0.00 $1,490.50 $266,005.22
175 $266,005.22 $902.10 $0.00 $1,504.03 $268,411.35
176 $268,411.35 $902.10 $0.00 $1,517.64 $270,831.09
177 $270,831.09 $902.10 $0.00 $1,531.32 $273,264.51
178 $273,264.51 $902.10 $0.00 $1,545.08 $275,711.69
179 $275,711.69 $902.10 $0.00 $1,558.91 $278,172.70
180 $278,172.70 $902.10 $0.00 $1,572.83 $280,647.63
181 $280,647.63 $902.10 $0.00 $1,586.82 $283,136.55
182 $283,136.55 $902.10 $0.00 $1,600.90 $285,639.55
183 $285,639.55 $902.10 $0.00 $1,615.05 $288,156.70
184 $288,156.70 $902.10 $0.00 $1,629.28 $290,688.08
185 $290,688.08 $902.10 $0.00 $1,643.59 $293,233.77
186 $293,233.77 $902.10 $0.00 $1,657.99 $295,793.86
187 $295,793.86 $902.10 $0.00 $1,672.46 $298,368.42
188 $298,368.42 $902.10 $0.00 $1,687.02 $300,957.54
189 $300,957.54 $902.10 $0.00 $1,701.66 $303,561.30
190 $303,561.30 $902.10 $0.00 $1,716.38 $306,179.78
191 $306,179.78 $902.10 $0.00 $1,731.18 $308,813.06
192 $308,813.06 $902.10 $0.00 $1,746.07 $311,461.23
193 $311,461.23 $902.10 $0.00 $1,761.05 $314,124.38
194 $314,124.38 $902.10 $0.00 $1,776.10 $316,802.58
195 $316,802.58 $902.10 $0.00 $1,791.25 $319,495.93
196 $319,495.93 $902.10 $0.00 $1,806.48 $322,204.51
197 $322,204.51 $902.10 $0.00 $1,821.79 $324,928.40
198 $324,928.40 $902.10 $0.00 $1,837.19 $327,667.69
199 $327,667.69 $902.10 $0.00 $1,852.68 $330,422.47
200 $330,422.47 $902.10 $0.00 $1,868.26 $333,192.83
201 $333,192.83 $902.10 $0.00 $1,883.92 $335,978.85
202 $335,978.85 $902.10 $0.00 $1,899.67 $338,780.62
203 $338,780.62 $902.10 $0.00 $1,915.51 $341,598.23
204 $341,598.23 $902.10 $0.00 $1,931.45 $344,431.78
205 $344,431.78 $902.10 $0.00 $1,947.47 $347,281.35
206 $347,281.35 $902.10 $0.00 $1,963.58 $350,147.03
207 $350,147.03 $902.10 $0.00 $1,979.78 $353,028.91
208 $353,028.91 $902.10 $0.00 $1,996.08 $355,927.09
209 $355,927.09 $902.10 $0.00 $2,012.46 $358,841.65
210 $358,841.65 $902.10 $0.00 $2,028.94 $361,772.69
211 $361,772.69 $902.10 $0.00 $2,045.52 $364,720.31
212 $364,720.31 $902.10 $0.00 $2,062.18 $367,684.59
213 $367,684.59 $902.10 $0.00 $2,078.94 $370,665.63
214 $370,665.63 $902.10 $0.00 $2,095.80 $373,663.53
215 $373,663.53 $902.10 $0.00 $2,112.75 $376,678.38
216 $376,678.38 $902.10 $0.00 $2,129.79 $379,710.27
217 $379,710.27 $902.10 $105,761.29 $2,146.94 $276,998.02
218 $276,998.02 $902.10 $0.00 $1,566.19 $279,466.31
219 $279,466.31 $902.10 $0.00 $1,580.14 $281,948.55
220 $281,948.55 $902.10 $0.00 $1,594.18 $284,444.83
221 $284,444.83 $902.10 $0.00 $1,608.29 $286,955.22
222 $286,955.22 $902.10 $0.00 $1,622.49 $289,479.81
223 $289,479.81 $902.10 $0.00 $1,636.76 $292,018.67
224 $292,018.67 $902.10 $0.00 $1,651.12 $294,571.89
225 $294,571.89 $902.10 $0.00 $1,665.55 $297,139.54
226 $297,139.54 $902.10 $0.00 $1,680.07 $299,721.71
227 $299,721.71 $902.10 $0.00 $1,694.67 $302,318.48
228 $302,318.48 $902.10 $0.00 $1,709.35 $304,929.93
229 $304,929.93 $902.10 $111,049.35 $1,724.12 $196,506.80
230 $196,506.80 $902.10 $0.00 $1,111.08 $198,519.98
231 $198,519.98 $902.10 $0.00 $1,122.46 $200,544.54
232 $200,544.54 $902.10 $0.00 $1,133.91 $202,580.55
233 $202,580.55 $902.10 $0.00 $1,145.42 $204,628.07
234 $204,628.07 $902.10 $0.00 $1,157.00 $206,687.17
235 $206,687.17 $902.10 $0.00 $1,168.64 $208,757.91
236 $208,757.91 $902.10 $0.00 $1,180.35 $210,840.36
237 $210,840.36 $902.10 $0.00 $1,192.12 $212,934.58
238 $212,934.58 $902.10 $0.00 $1,203.96 $215,040.64
239 $215,040.64 $902.10 $0.00 $1,215.87 $217,158.61
240 $217,158.61 $902.10 $0.00 $1,227.85 $219,288.56
241 $219,288.56 $902.10 $116,601.82 $1,239.89 $104,828.73
242 $104,828.73 $902.10 $0.00 $592.72 $106,323.55
243 $106,323.55 $902.10 $0.00 $601.17 $107,826.82
244 $107,826.82 $902.10 $0.00 $609.67 $109,338.59
245 $109,338.59 $902.10 $0.00 $618.22 $110,858.91
246 $110,858.91 $902.10 $0.00 $626.81 $112,387.82
247 $112,387.82 $902.10 $0.00 $635.46 $113,925.38
248 $113,925.38 $902.10 $0.00 $644.15 $115,471.63
249 $115,471.63 $902.10 $0.00 $652.89 $117,026.62
250 $117,026.62 $902.10 $0.00 $661.69 $118,590.41
251 $118,590.41 $902.10 $0.00 $670.53 $120,163.04
252 $120,163.04 $902.10 $0.00 $679.42 $121,744.56
253 $121,744.56 $0.00 $122,431.91 $688.36 $1.01