Savings Plan and Future Cost Estimation for Maharishi University of Management

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$74,503
Monthly savings required$590

How much will it cost to send your child to Maharishi University of Management in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $298,011.40 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $589.75 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$28,730.00
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 $589.75 $0.00 $0.00 $589.75
2 $589.75 $589.75 $0.00 $3.33 $1,182.83
3 $1,182.83 $589.75 $0.00 $6.69 $1,779.27
4 $1,779.27 $589.75 $0.00 $10.06 $2,379.08
5 $2,379.08 $589.75 $0.00 $13.45 $2,982.28
6 $2,982.28 $589.75 $0.00 $16.86 $3,588.89
7 $3,588.89 $589.75 $0.00 $20.29 $4,198.93
8 $4,198.93 $589.75 $0.00 $23.74 $4,812.42
9 $4,812.42 $589.75 $0.00 $27.21 $5,429.38
10 $5,429.38 $589.75 $0.00 $30.70 $6,049.83
11 $6,049.83 $589.75 $0.00 $34.21 $6,673.79
12 $6,673.79 $589.75 $0.00 $37.73 $7,301.27
13 $7,301.27 $589.75 $0.00 $41.28 $7,932.30
14 $7,932.30 $589.75 $0.00 $44.85 $8,566.90
15 $8,566.90 $589.75 $0.00 $48.44 $9,205.09
16 $9,205.09 $589.75 $0.00 $52.05 $9,846.89
17 $9,846.89 $589.75 $0.00 $55.68 $10,492.32
18 $10,492.32 $589.75 $0.00 $59.33 $11,141.40
19 $11,141.40 $589.75 $0.00 $63.00 $11,794.15
20 $11,794.15 $589.75 $0.00 $66.69 $12,450.59
21 $12,450.59 $589.75 $0.00 $70.40 $13,110.74
22 $13,110.74 $589.75 $0.00 $74.13 $13,774.62
23 $13,774.62 $589.75 $0.00 $77.88 $14,442.25
24 $14,442.25 $589.75 $0.00 $81.66 $15,113.66
25 $15,113.66 $589.75 $0.00 $85.45 $15,788.86
26 $15,788.86 $589.75 $0.00 $89.27 $16,467.88
27 $16,467.88 $589.75 $0.00 $93.11 $17,150.74
28 $17,150.74 $589.75 $0.00 $96.97 $17,837.46
29 $17,837.46 $589.75 $0.00 $100.86 $18,528.07
30 $18,528.07 $589.75 $0.00 $104.76 $19,222.58
31 $19,222.58 $589.75 $0.00 $108.69 $19,921.02
32 $19,921.02 $589.75 $0.00 $112.64 $20,623.41
33 $20,623.41 $589.75 $0.00 $116.61 $21,329.77
34 $21,329.77 $589.75 $0.00 $120.60 $22,040.12
35 $22,040.12 $589.75 $0.00 $124.62 $22,754.49
36 $22,754.49 $589.75 $0.00 $128.66 $23,472.90
37 $23,472.90 $589.75 $0.00 $132.72 $24,195.37
38 $24,195.37 $589.75 $0.00 $136.80 $24,921.92
39 $24,921.92 $589.75 $0.00 $140.91 $25,652.58
40 $25,652.58 $589.75 $0.00 $145.04 $26,387.37
41 $26,387.37 $589.75 $0.00 $149.20 $27,126.32
42 $27,126.32 $589.75 $0.00 $153.38 $27,869.45
43 $27,869.45 $589.75 $0.00 $157.58 $28,616.78
44 $28,616.78 $589.75 $0.00 $161.80 $29,368.33
45 $29,368.33 $589.75 $0.00 $166.05 $30,124.13
46 $30,124.13 $589.75 $0.00 $170.33 $30,884.21
47 $30,884.21 $589.75 $0.00 $174.62 $31,648.58
48 $31,648.58 $589.75 $0.00 $178.95 $32,417.28
49 $32,417.28 $589.75 $0.00 $183.29 $33,190.32
50 $33,190.32 $589.75 $0.00 $187.66 $33,967.73
51 $33,967.73 $589.75 $0.00 $192.06 $34,749.54
52 $34,749.54 $589.75 $0.00 $196.48 $35,535.77
53 $35,535.77 $589.75 $0.00 $200.92 $36,326.44
54 $36,326.44 $589.75 $0.00 $205.39 $37,121.58
55 $37,121.58 $589.75 $0.00 $209.89 $37,921.22
56 $37,921.22 $589.75 $0.00 $214.41 $38,725.38
57 $38,725.38 $589.75 $0.00 $218.96 $39,534.09
58 $39,534.09 $589.75 $0.00 $223.53 $40,347.37
59 $40,347.37 $589.75 $0.00 $228.13 $41,165.25
60 $41,165.25 $589.75 $0.00 $232.75 $41,987.75
61 $41,987.75 $589.75 $0.00 $237.40 $42,814.90
62 $42,814.90 $589.75 $0.00 $242.08 $43,646.73
63 $43,646.73 $589.75 $0.00 $246.78 $44,483.26
64 $44,483.26 $589.75 $0.00 $251.51 $45,324.52
65 $45,324.52 $589.75 $0.00 $256.27 $46,170.54
66 $46,170.54 $589.75 $0.00 $261.05 $47,021.34
67 $47,021.34 $589.75 $0.00 $265.87 $47,876.96
68 $47,876.96 $589.75 $0.00 $270.70 $48,737.41
69 $48,737.41 $589.75 $0.00 $275.57 $49,602.73
70 $49,602.73 $589.75 $0.00 $280.46 $50,472.94
71 $50,472.94 $589.75 $0.00 $285.38 $51,348.07
72 $51,348.07 $589.75 $0.00 $290.33 $52,228.15
73 $52,228.15 $589.75 $0.00 $295.31 $53,113.21
74 $53,113.21 $589.75 $0.00 $300.31 $54,003.27
75 $54,003.27 $589.75 $0.00 $305.34 $54,898.36
76 $54,898.36 $589.75 $0.00 $310.40 $55,798.51
77 $55,798.51 $589.75 $0.00 $315.49 $56,703.75
78 $56,703.75 $589.75 $0.00 $320.61 $57,614.11
79 $57,614.11 $589.75 $0.00 $325.76 $58,529.62
80 $58,529.62 $589.75 $0.00 $330.93 $59,450.30
81 $59,450.30 $589.75 $0.00 $336.14 $60,376.19
82 $60,376.19 $589.75 $0.00 $341.38 $61,307.32
83 $61,307.32 $589.75 $0.00 $346.64 $62,243.71
84 $62,243.71 $589.75 $0.00 $351.93 $63,185.39
85 $63,185.39 $589.75 $0.00 $357.26 $64,132.40
86 $64,132.40 $589.75 $0.00 $362.61 $65,084.76
87 $65,084.76 $589.75 $0.00 $368.00 $66,042.51
88 $66,042.51 $589.75 $0.00 $373.41 $67,005.67
89 $67,005.67 $589.75 $0.00 $378.86 $67,974.28
90 $67,974.28 $589.75 $0.00 $384.34 $68,948.37
91 $68,948.37 $589.75 $0.00 $389.84 $69,927.96
92 $69,927.96 $589.75 $0.00 $395.38 $70,913.09
93 $70,913.09 $589.75 $0.00 $400.95 $71,903.79
94 $71,903.79 $589.75 $0.00 $406.55 $72,900.09
95 $72,900.09 $589.75 $0.00 $412.19 $73,902.03
96 $73,902.03 $589.75 $0.00 $417.85 $74,909.63
97 $74,909.63 $589.75 $0.00 $423.55 $75,922.93
98 $75,922.93 $589.75 $0.00 $429.28 $76,941.96
99 $76,941.96 $589.75 $0.00 $435.04 $77,966.75
100 $77,966.75 $589.75 $0.00 $440.84 $78,997.34
101 $78,997.34 $589.75 $0.00 $446.66 $80,033.75
102 $80,033.75 $589.75 $0.00 $452.52 $81,076.02
103 $81,076.02 $589.75 $0.00 $458.42 $82,124.19
104 $82,124.19 $589.75 $0.00 $464.34 $83,178.28
105 $83,178.28 $589.75 $0.00 $470.30 $84,238.33
106 $84,238.33 $589.75 $0.00 $476.30 $85,304.38
107 $85,304.38 $589.75 $0.00 $482.32 $86,376.45
108 $86,376.45 $589.75 $0.00 $488.39 $87,454.59
109 $87,454.59 $589.75 $0.00 $494.48 $88,538.82
110 $88,538.82 $589.75 $0.00 $500.61 $89,629.18
111 $89,629.18 $589.75 $0.00 $506.78 $90,725.71
112 $90,725.71 $589.75 $0.00 $512.98 $91,828.44
113 $91,828.44 $589.75 $0.00 $519.21 $92,937.40
114 $92,937.40 $589.75 $0.00 $525.48 $94,052.63
115 $94,052.63 $589.75 $0.00 $531.79 $95,174.17
116 $95,174.17 $589.75 $0.00 $538.13 $96,302.05
117 $96,302.05 $589.75 $0.00 $544.51 $97,436.31
118 $97,436.31 $589.75 $0.00 $550.92 $98,576.98
119 $98,576.98 $589.75 $0.00 $557.37 $99,724.10
120 $99,724.10 $589.75 $0.00 $563.85 $100,877.70
121 $100,877.70 $589.75 $0.00 $570.38 $102,037.83
122 $102,037.83 $589.75 $0.00 $576.94 $103,204.52
123 $103,204.52 $589.75 $0.00 $583.53 $104,377.80
124 $104,377.80 $589.75 $0.00 $590.17 $105,557.72
125 $105,557.72 $589.75 $0.00 $596.84 $106,744.31
126 $106,744.31 $589.75 $0.00 $603.55 $107,937.61
127 $107,937.61 $589.75 $0.00 $610.29 $109,137.65
128 $109,137.65 $589.75 $0.00 $617.08 $110,344.48
129 $110,344.48 $589.75 $0.00 $623.90 $111,558.13
130 $111,558.13 $589.75 $0.00 $630.77 $112,778.65
131 $112,778.65 $589.75 $0.00 $637.67 $114,006.07
132 $114,006.07 $589.75 $0.00 $644.61 $115,240.43
133 $115,240.43 $589.75 $0.00 $651.59 $116,481.77
134 $116,481.77 $589.75 $0.00 $658.60 $117,730.12
135 $117,730.12 $589.75 $0.00 $665.66 $118,985.53
136 $118,985.53 $589.75 $0.00 $672.76 $120,248.04
137 $120,248.04 $589.75 $0.00 $679.90 $121,517.69
138 $121,517.69 $589.75 $0.00 $687.08 $122,794.52
139 $122,794.52 $589.75 $0.00 $694.30 $124,078.57
140 $124,078.57 $589.75 $0.00 $701.56 $125,369.88
141 $125,369.88 $589.75 $0.00 $708.86 $126,668.49
142 $126,668.49 $589.75 $0.00 $716.20 $127,974.44
143 $127,974.44 $589.75 $0.00 $723.59 $129,287.78
144 $129,287.78 $589.75 $0.00 $731.01 $130,608.54
145 $130,608.54 $589.75 $0.00 $738.48 $131,936.77
146 $131,936.77 $589.75 $0.00 $745.99 $133,272.51
147 $133,272.51 $589.75 $0.00 $753.54 $134,615.80
148 $134,615.80 $589.75 $0.00 $761.14 $135,966.69
149 $135,966.69 $589.75 $0.00 $768.78 $137,325.22
150 $137,325.22 $589.75 $0.00 $776.46 $138,691.43
151 $138,691.43 $589.75 $0.00 $784.18 $140,065.36
152 $140,065.36 $589.75 $0.00 $791.95 $141,447.06
153 $141,447.06 $589.75 $0.00 $799.76 $142,836.57
154 $142,836.57 $589.75 $0.00 $807.62 $144,233.94
155 $144,233.94 $589.75 $0.00 $815.52 $145,639.21
156 $145,639.21 $589.75 $0.00 $823.47 $147,052.43
157 $147,052.43 $589.75 $0.00 $831.46 $148,473.64
158 $148,473.64 $589.75 $0.00 $839.49 $149,902.88
159 $149,902.88 $589.75 $0.00 $847.57 $151,340.20
160 $151,340.20 $589.75 $0.00 $855.70 $152,785.65
161 $152,785.65 $589.75 $0.00 $863.87 $154,239.27
162 $154,239.27 $589.75 $0.00 $872.09 $155,701.11
163 $155,701.11 $589.75 $0.00 $880.36 $157,171.22
164 $157,171.22 $589.75 $0.00 $888.67 $158,649.64
165 $158,649.64 $589.75 $0.00 $897.03 $160,136.42
166 $160,136.42 $589.75 $0.00 $905.43 $161,631.60
167 $161,631.60 $589.75 $0.00 $913.89 $163,135.24
168 $163,135.24 $589.75 $0.00 $922.39 $164,647.38
169 $164,647.38 $589.75 $0.00 $930.94 $166,168.07
170 $166,168.07 $589.75 $0.00 $939.54 $167,697.36
171 $167,697.36 $589.75 $0.00 $948.19 $169,235.30
172 $169,235.30 $589.75 $0.00 $956.88 $170,781.93
173 $170,781.93 $589.75 $0.00 $965.63 $172,337.31
174 $172,337.31 $589.75 $0.00 $974.42 $173,901.48
175 $173,901.48 $589.75 $0.00 $983.26 $175,474.49
176 $175,474.49 $589.75 $0.00 $992.16 $177,056.40
177 $177,056.40 $589.75 $0.00 $1,001.10 $178,647.25
178 $178,647.25 $589.75 $0.00 $1,010.10 $180,247.10
179 $180,247.10 $589.75 $0.00 $1,019.14 $181,855.99
180 $181,855.99 $589.75 $0.00 $1,028.24 $183,473.98
181 $183,473.98 $589.75 $0.00 $1,037.39 $185,101.12
182 $185,101.12 $589.75 $0.00 $1,046.59 $186,737.46
183 $186,737.46 $589.75 $0.00 $1,055.84 $188,383.05
184 $188,383.05 $589.75 $0.00 $1,065.15 $190,037.95
185 $190,037.95 $589.75 $0.00 $1,074.50 $191,702.20
186 $191,702.20 $589.75 $0.00 $1,083.91 $193,375.86
187 $193,375.86 $589.75 $0.00 $1,093.38 $195,058.99
188 $195,058.99 $589.75 $0.00 $1,102.89 $196,751.63
189 $196,751.63 $589.75 $0.00 $1,112.46 $198,453.84
190 $198,453.84 $589.75 $0.00 $1,122.09 $200,165.68
191 $200,165.68 $589.75 $0.00 $1,131.77 $201,887.20
192 $201,887.20 $589.75 $0.00 $1,141.50 $203,618.45
193 $203,618.45 $589.75 $0.00 $1,151.29 $205,359.49
194 $205,359.49 $589.75 $0.00 $1,161.13 $207,110.37
195 $207,110.37 $589.75 $0.00 $1,171.03 $208,871.15
196 $208,871.15 $589.75 $0.00 $1,180.99 $210,641.89
197 $210,641.89 $589.75 $0.00 $1,191.00 $212,422.64
198 $212,422.64 $589.75 $0.00 $1,201.07 $214,213.46
199 $214,213.46 $589.75 $0.00 $1,211.19 $216,014.40
200 $216,014.40 $589.75 $0.00 $1,221.38 $217,825.53
201 $217,825.53 $589.75 $0.00 $1,231.62 $219,646.90
202 $219,646.90 $589.75 $0.00 $1,241.92 $221,478.57
203 $221,478.57 $589.75 $0.00 $1,252.27 $223,320.59
204 $223,320.59 $589.75 $0.00 $1,262.69 $225,173.03
205 $225,173.03 $589.75 $0.00 $1,273.16 $227,035.94
206 $227,035.94 $589.75 $0.00 $1,283.69 $228,909.38
207 $228,909.38 $589.75 $0.00 $1,294.29 $230,793.42
208 $230,793.42 $589.75 $0.00 $1,304.94 $232,688.11
209 $232,688.11 $589.75 $0.00 $1,315.65 $234,593.51
210 $234,593.51 $589.75 $0.00 $1,326.43 $236,509.69
211 $236,509.69 $589.75 $0.00 $1,337.26 $238,436.70
212 $238,436.70 $589.75 $0.00 $1,348.16 $240,374.61
213 $240,374.61 $589.75 $0.00 $1,359.11 $242,323.47
214 $242,323.47 $589.75 $0.00 $1,370.13 $244,283.35
215 $244,283.35 $589.75 $0.00 $1,381.21 $246,254.31
216 $246,254.31 $589.75 $0.00 $1,392.36 $248,236.42
217 $248,236.42 $589.75 $69,142.17 $1,403.56 $181,087.56
218 $181,087.56 $589.75 $0.00 $1,023.90 $182,701.21
219 $182,701.21 $589.75 $0.00 $1,033.02 $184,323.98
220 $184,323.98 $589.75 $0.00 $1,042.19 $185,955.92
221 $185,955.92 $589.75 $0.00 $1,051.42 $187,597.09
222 $187,597.09 $589.75 $0.00 $1,060.70 $189,247.54
223 $189,247.54 $589.75 $0.00 $1,070.03 $190,907.32
224 $190,907.32 $589.75 $0.00 $1,079.42 $192,576.49
225 $192,576.49 $589.75 $0.00 $1,088.86 $194,255.10
226 $194,255.10 $589.75 $0.00 $1,098.35 $195,943.20
227 $195,943.20 $589.75 $0.00 $1,107.89 $197,640.84
228 $197,640.84 $589.75 $0.00 $1,117.49 $199,348.08
229 $199,348.08 $589.75 $72,599.28 $1,127.14 $128,465.69
230 $128,465.69 $589.75 $0.00 $726.36 $129,781.80
231 $129,781.80 $589.75 $0.00 $733.81 $131,105.36
232 $131,105.36 $589.75 $0.00 $741.29 $132,436.40
233 $132,436.40 $589.75 $0.00 $748.81 $133,774.96
234 $133,774.96 $589.75 $0.00 $756.38 $135,121.09
235 $135,121.09 $589.75 $0.00 $763.99 $136,474.83
236 $136,474.83 $589.75 $0.00 $771.65 $137,836.23
237 $137,836.23 $589.75 $0.00 $779.35 $139,205.33
238 $139,205.33 $589.75 $0.00 $787.09 $140,582.17
239 $140,582.17 $589.75 $0.00 $794.87 $141,966.79
240 $141,966.79 $589.75 $0.00 $802.70 $143,359.24
241 $143,359.24 $589.75 $76,229.24 $810.57 $68,530.32
242 $68,530.32 $589.75 $0.00 $387.48 $69,507.55
243 $69,507.55 $589.75 $0.00 $393.01 $70,490.31
244 $70,490.31 $589.75 $0.00 $398.56 $71,478.62
245 $71,478.62 $589.75 $0.00 $404.15 $72,472.52
246 $72,472.52 $589.75 $0.00 $409.77 $73,472.04
247 $73,472.04 $589.75 $0.00 $415.42 $74,477.21
248 $74,477.21 $589.75 $0.00 $421.10 $75,488.06
249 $75,488.06 $589.75 $0.00 $426.82 $76,504.63
250 $76,504.63 $589.75 $0.00 $432.57 $77,526.95
251 $77,526.95 $589.75 $0.00 $438.35 $78,555.05
252 $78,555.05 $589.75 $0.00 $444.16 $79,588.96
253 $79,588.96 $0.00 $80,040.71 $450.01 ($1.74)