How much will it cost and what do you need to save?
Estimated Annual Cost in 2040 | $63,150 |
Monthly savings required | $500 |
How much will it cost to send your child to Eastern Kentucky University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $252,599.15 for students enrolling in 2040 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $499.89 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.
Current Annual Cost | $24,352.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 5% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford Eastern Kentucky University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $499.89 | $0.00 | $0.00 | $499.89 |
2 | $499.89 | $499.89 | $0.00 | $2.83 | $1,002.61 |
3 | $1,002.61 | $499.89 | $0.00 | $5.67 | $1,508.17 |
4 | $1,508.17 | $499.89 | $0.00 | $8.53 | $2,016.59 |
5 | $2,016.59 | $499.89 | $0.00 | $11.40 | $2,527.88 |
6 | $2,527.88 | $499.89 | $0.00 | $14.29 | $3,042.06 |
7 | $3,042.06 | $499.89 | $0.00 | $17.20 | $3,559.15 |
8 | $3,559.15 | $499.89 | $0.00 | $20.12 | $4,079.16 |
9 | $4,079.16 | $499.89 | $0.00 | $23.06 | $4,602.11 |
10 | $4,602.11 | $499.89 | $0.00 | $26.02 | $5,128.02 |
11 | $5,128.02 | $499.89 | $0.00 | $28.99 | $5,656.90 |
12 | $5,656.90 | $499.89 | $0.00 | $31.98 | $6,188.77 |
13 | $6,188.77 | $499.89 | $0.00 | $34.99 | $6,723.65 |
14 | $6,723.65 | $499.89 | $0.00 | $38.02 | $7,261.56 |
15 | $7,261.56 | $499.89 | $0.00 | $41.06 | $7,802.51 |
16 | $7,802.51 | $499.89 | $0.00 | $44.12 | $8,346.52 |
17 | $8,346.52 | $499.89 | $0.00 | $47.19 | $8,893.60 |
18 | $8,893.60 | $499.89 | $0.00 | $50.29 | $9,443.78 |
19 | $9,443.78 | $499.89 | $0.00 | $53.40 | $9,997.07 |
20 | $9,997.07 | $499.89 | $0.00 | $56.52 | $10,553.48 |
21 | $10,553.48 | $499.89 | $0.00 | $59.67 | $11,113.04 |
22 | $11,113.04 | $499.89 | $0.00 | $62.83 | $11,675.76 |
23 | $11,675.76 | $499.89 | $0.00 | $66.02 | $12,241.67 |
24 | $12,241.67 | $499.89 | $0.00 | $69.22 | $12,810.78 |
25 | $12,810.78 | $499.89 | $0.00 | $72.43 | $13,383.10 |
26 | $13,383.10 | $499.89 | $0.00 | $75.67 | $13,958.66 |
27 | $13,958.66 | $499.89 | $0.00 | $78.92 | $14,537.47 |
28 | $14,537.47 | $499.89 | $0.00 | $82.20 | $15,119.56 |
29 | $15,119.56 | $499.89 | $0.00 | $85.49 | $15,704.94 |
30 | $15,704.94 | $499.89 | $0.00 | $88.80 | $16,293.63 |
31 | $16,293.63 | $499.89 | $0.00 | $92.13 | $16,885.65 |
32 | $16,885.65 | $499.89 | $0.00 | $95.47 | $17,481.01 |
33 | $17,481.01 | $499.89 | $0.00 | $98.84 | $18,079.74 |
34 | $18,079.74 | $499.89 | $0.00 | $102.23 | $18,681.86 |
35 | $18,681.86 | $499.89 | $0.00 | $105.63 | $19,287.38 |
36 | $19,287.38 | $499.89 | $0.00 | $109.05 | $19,896.32 |
37 | $19,896.32 | $499.89 | $0.00 | $112.50 | $20,508.71 |
38 | $20,508.71 | $499.89 | $0.00 | $115.96 | $21,124.56 |
39 | $21,124.56 | $499.89 | $0.00 | $119.44 | $21,743.89 |
40 | $21,743.89 | $499.89 | $0.00 | $122.94 | $22,366.72 |
41 | $22,366.72 | $499.89 | $0.00 | $126.46 | $22,993.07 |
42 | $22,993.07 | $499.89 | $0.00 | $130.01 | $23,622.97 |
43 | $23,622.97 | $499.89 | $0.00 | $133.57 | $24,256.43 |
44 | $24,256.43 | $499.89 | $0.00 | $137.15 | $24,893.47 |
45 | $24,893.47 | $499.89 | $0.00 | $140.75 | $25,534.11 |
46 | $25,534.11 | $499.89 | $0.00 | $144.37 | $26,178.37 |
47 | $26,178.37 | $499.89 | $0.00 | $148.02 | $26,826.28 |
48 | $26,826.28 | $499.89 | $0.00 | $151.68 | $27,477.85 |
49 | $27,477.85 | $499.89 | $0.00 | $155.36 | $28,133.10 |
50 | $28,133.10 | $499.89 | $0.00 | $159.07 | $28,792.06 |
51 | $28,792.06 | $499.89 | $0.00 | $162.79 | $29,454.74 |
52 | $29,454.74 | $499.89 | $0.00 | $166.54 | $30,121.17 |
53 | $30,121.17 | $499.89 | $0.00 | $170.31 | $30,791.37 |
54 | $30,791.37 | $499.89 | $0.00 | $174.10 | $31,465.36 |
55 | $31,465.36 | $499.89 | $0.00 | $177.91 | $32,143.16 |
56 | $32,143.16 | $499.89 | $0.00 | $181.74 | $32,824.79 |
57 | $32,824.79 | $499.89 | $0.00 | $185.60 | $33,510.28 |
58 | $33,510.28 | $499.89 | $0.00 | $189.47 | $34,199.64 |
59 | $34,199.64 | $499.89 | $0.00 | $193.37 | $34,892.90 |
60 | $34,892.90 | $499.89 | $0.00 | $197.29 | $35,590.08 |
61 | $35,590.08 | $499.89 | $0.00 | $201.23 | $36,291.20 |
62 | $36,291.20 | $499.89 | $0.00 | $205.20 | $36,996.29 |
63 | $36,996.29 | $499.89 | $0.00 | $209.18 | $37,705.36 |
64 | $37,705.36 | $499.89 | $0.00 | $213.19 | $38,418.44 |
65 | $38,418.44 | $499.89 | $0.00 | $217.22 | $39,135.55 |
66 | $39,135.55 | $499.89 | $0.00 | $221.28 | $39,856.72 |
67 | $39,856.72 | $499.89 | $0.00 | $225.36 | $40,581.97 |
68 | $40,581.97 | $499.89 | $0.00 | $229.46 | $41,311.32 |
69 | $41,311.32 | $499.89 | $0.00 | $233.58 | $42,044.79 |
70 | $42,044.79 | $499.89 | $0.00 | $237.73 | $42,782.41 |
71 | $42,782.41 | $499.89 | $0.00 | $241.90 | $43,524.20 |
72 | $43,524.20 | $499.89 | $0.00 | $246.09 | $44,270.18 |
73 | $44,270.18 | $499.89 | $0.00 | $250.31 | $45,020.38 |
74 | $45,020.38 | $499.89 | $0.00 | $254.55 | $45,774.82 |
75 | $45,774.82 | $499.89 | $0.00 | $258.82 | $46,533.53 |
76 | $46,533.53 | $499.89 | $0.00 | $263.11 | $47,296.53 |
77 | $47,296.53 | $499.89 | $0.00 | $267.42 | $48,063.84 |
78 | $48,063.84 | $499.89 | $0.00 | $271.76 | $48,835.49 |
79 | $48,835.49 | $499.89 | $0.00 | $276.12 | $49,611.50 |
80 | $49,611.50 | $499.89 | $0.00 | $280.51 | $50,391.90 |
81 | $50,391.90 | $499.89 | $0.00 | $284.92 | $51,176.71 |
82 | $51,176.71 | $499.89 | $0.00 | $289.36 | $51,965.96 |
83 | $51,965.96 | $499.89 | $0.00 | $293.82 | $52,759.67 |
84 | $52,759.67 | $499.89 | $0.00 | $298.31 | $53,557.87 |
85 | $53,557.87 | $499.89 | $0.00 | $302.82 | $54,360.58 |
86 | $54,360.58 | $499.89 | $0.00 | $307.36 | $55,167.83 |
87 | $55,167.83 | $499.89 | $0.00 | $311.93 | $55,979.65 |
88 | $55,979.65 | $499.89 | $0.00 | $316.52 | $56,796.06 |
89 | $56,796.06 | $499.89 | $0.00 | $321.13 | $57,617.08 |
90 | $57,617.08 | $499.89 | $0.00 | $325.78 | $58,442.75 |
91 | $58,442.75 | $499.89 | $0.00 | $330.44 | $59,273.08 |
92 | $59,273.08 | $499.89 | $0.00 | $335.14 | $60,108.11 |
93 | $60,108.11 | $499.89 | $0.00 | $339.86 | $60,947.86 |
94 | $60,947.86 | $499.89 | $0.00 | $344.61 | $61,792.36 |
95 | $61,792.36 | $499.89 | $0.00 | $349.38 | $62,641.63 |
96 | $62,641.63 | $499.89 | $0.00 | $354.18 | $63,495.70 |
97 | $63,495.70 | $499.89 | $0.00 | $359.01 | $64,354.60 |
98 | $64,354.60 | $499.89 | $0.00 | $363.87 | $65,218.36 |
99 | $65,218.36 | $499.89 | $0.00 | $368.75 | $66,087.00 |
100 | $66,087.00 | $499.89 | $0.00 | $373.67 | $66,960.56 |
101 | $66,960.56 | $499.89 | $0.00 | $378.60 | $67,839.05 |
102 | $67,839.05 | $499.89 | $0.00 | $383.57 | $68,722.51 |
103 | $68,722.51 | $499.89 | $0.00 | $388.57 | $69,610.97 |
104 | $69,610.97 | $499.89 | $0.00 | $393.59 | $70,504.45 |
105 | $70,504.45 | $499.89 | $0.00 | $398.64 | $71,402.98 |
106 | $71,402.98 | $499.89 | $0.00 | $403.72 | $72,306.59 |
107 | $72,306.59 | $499.89 | $0.00 | $408.83 | $73,215.31 |
108 | $73,215.31 | $499.89 | $0.00 | $413.97 | $74,129.17 |
109 | $74,129.17 | $499.89 | $0.00 | $419.14 | $75,048.20 |
110 | $75,048.20 | $499.89 | $0.00 | $424.33 | $75,972.42 |
111 | $75,972.42 | $499.89 | $0.00 | $429.56 | $76,901.87 |
112 | $76,901.87 | $499.89 | $0.00 | $434.81 | $77,836.57 |
113 | $77,836.57 | $499.89 | $0.00 | $440.10 | $78,776.56 |
114 | $78,776.56 | $499.89 | $0.00 | $445.41 | $79,721.86 |
115 | $79,721.86 | $499.89 | $0.00 | $450.76 | $80,672.51 |
116 | $80,672.51 | $499.89 | $0.00 | $456.13 | $81,628.53 |
117 | $81,628.53 | $499.89 | $0.00 | $461.54 | $82,589.96 |
118 | $82,589.96 | $499.89 | $0.00 | $466.98 | $83,556.83 |
119 | $83,556.83 | $499.89 | $0.00 | $472.44 | $84,529.16 |
120 | $84,529.16 | $499.89 | $0.00 | $477.94 | $85,506.99 |
121 | $85,506.99 | $499.89 | $0.00 | $483.47 | $86,490.35 |
122 | $86,490.35 | $499.89 | $0.00 | $489.03 | $87,479.27 |
123 | $87,479.27 | $499.89 | $0.00 | $494.62 | $88,473.78 |
124 | $88,473.78 | $499.89 | $0.00 | $500.24 | $89,473.91 |
125 | $89,473.91 | $499.89 | $0.00 | $505.90 | $90,479.70 |
126 | $90,479.70 | $499.89 | $0.00 | $511.59 | $91,491.18 |
127 | $91,491.18 | $499.89 | $0.00 | $517.30 | $92,508.37 |
128 | $92,508.37 | $499.89 | $0.00 | $523.06 | $93,531.32 |
129 | $93,531.32 | $499.89 | $0.00 | $528.84 | $94,560.05 |
130 | $94,560.05 | $499.89 | $0.00 | $534.66 | $95,594.60 |
131 | $95,594.60 | $499.89 | $0.00 | $540.51 | $96,635.00 |
132 | $96,635.00 | $499.89 | $0.00 | $546.39 | $97,681.28 |
133 | $97,681.28 | $499.89 | $0.00 | $552.30 | $98,733.47 |
134 | $98,733.47 | $499.89 | $0.00 | $558.25 | $99,791.61 |
135 | $99,791.61 | $499.89 | $0.00 | $564.24 | $100,855.74 |
136 | $100,855.74 | $499.89 | $0.00 | $570.25 | $101,925.88 |
137 | $101,925.88 | $499.89 | $0.00 | $576.30 | $103,002.07 |
138 | $103,002.07 | $499.89 | $0.00 | $582.39 | $104,084.35 |
139 | $104,084.35 | $499.89 | $0.00 | $588.51 | $105,172.75 |
140 | $105,172.75 | $499.89 | $0.00 | $594.66 | $106,267.30 |
141 | $106,267.30 | $499.89 | $0.00 | $600.85 | $107,368.04 |
142 | $107,368.04 | $499.89 | $0.00 | $607.07 | $108,475.00 |
143 | $108,475.00 | $499.89 | $0.00 | $613.33 | $109,588.22 |
144 | $109,588.22 | $499.89 | $0.00 | $619.63 | $110,707.74 |
145 | $110,707.74 | $499.89 | $0.00 | $625.96 | $111,833.59 |
146 | $111,833.59 | $499.89 | $0.00 | $632.32 | $112,965.80 |
147 | $112,965.80 | $499.89 | $0.00 | $638.73 | $114,104.42 |
148 | $114,104.42 | $499.89 | $0.00 | $645.16 | $115,249.47 |
149 | $115,249.47 | $499.89 | $0.00 | $651.64 | $116,401.00 |
150 | $116,401.00 | $499.89 | $0.00 | $658.15 | $117,559.04 |
151 | $117,559.04 | $499.89 | $0.00 | $664.70 | $118,723.63 |
152 | $118,723.63 | $499.89 | $0.00 | $671.28 | $119,894.80 |
153 | $119,894.80 | $499.89 | $0.00 | $677.90 | $121,072.59 |
154 | $121,072.59 | $499.89 | $0.00 | $684.56 | $122,257.04 |
155 | $122,257.04 | $499.89 | $0.00 | $691.26 | $123,448.19 |
156 | $123,448.19 | $499.89 | $0.00 | $697.99 | $124,646.07 |
157 | $124,646.07 | $499.89 | $0.00 | $704.77 | $125,850.73 |
158 | $125,850.73 | $499.89 | $0.00 | $711.58 | $127,062.20 |
159 | $127,062.20 | $499.89 | $0.00 | $718.43 | $128,280.52 |
160 | $128,280.52 | $499.89 | $0.00 | $725.32 | $129,505.73 |
161 | $129,505.73 | $499.89 | $0.00 | $732.24 | $130,737.86 |
162 | $130,737.86 | $499.89 | $0.00 | $739.21 | $131,976.96 |
163 | $131,976.96 | $499.89 | $0.00 | $746.22 | $133,223.07 |
164 | $133,223.07 | $499.89 | $0.00 | $753.26 | $134,476.22 |
165 | $134,476.22 | $499.89 | $0.00 | $760.35 | $135,736.46 |
166 | $135,736.46 | $499.89 | $0.00 | $767.47 | $137,003.82 |
167 | $137,003.82 | $499.89 | $0.00 | $774.64 | $138,278.35 |
168 | $138,278.35 | $499.89 | $0.00 | $781.85 | $139,560.09 |
169 | $139,560.09 | $499.89 | $0.00 | $789.09 | $140,849.07 |
170 | $140,849.07 | $499.89 | $0.00 | $796.38 | $142,145.34 |
171 | $142,145.34 | $499.89 | $0.00 | $803.71 | $143,448.94 |
172 | $143,448.94 | $499.89 | $0.00 | $811.08 | $144,759.91 |
173 | $144,759.91 | $499.89 | $0.00 | $818.49 | $146,078.29 |
174 | $146,078.29 | $499.89 | $0.00 | $825.95 | $147,404.13 |
175 | $147,404.13 | $499.89 | $0.00 | $833.44 | $148,737.46 |
176 | $148,737.46 | $499.89 | $0.00 | $840.98 | $150,078.33 |
177 | $150,078.33 | $499.89 | $0.00 | $848.56 | $151,426.78 |
178 | $151,426.78 | $499.89 | $0.00 | $856.19 | $152,782.86 |
179 | $152,782.86 | $499.89 | $0.00 | $863.86 | $154,146.61 |
180 | $154,146.61 | $499.89 | $0.00 | $871.57 | $155,518.07 |
181 | $155,518.07 | $499.89 | $0.00 | $879.32 | $156,897.28 |
182 | $156,897.28 | $499.89 | $0.00 | $887.12 | $158,284.29 |
183 | $158,284.29 | $499.89 | $0.00 | $894.96 | $159,679.14 |
184 | $159,679.14 | $499.89 | $0.00 | $902.85 | $161,081.88 |
185 | $161,081.88 | $499.89 | $0.00 | $910.78 | $162,492.55 |
186 | $162,492.55 | $499.89 | $0.00 | $918.76 | $163,911.20 |
187 | $163,911.20 | $499.89 | $0.00 | $926.78 | $165,337.87 |
188 | $165,337.87 | $499.89 | $0.00 | $934.84 | $166,772.60 |
189 | $166,772.60 | $499.89 | $0.00 | $942.96 | $168,215.45 |
190 | $168,215.45 | $499.89 | $0.00 | $951.11 | $169,666.45 |
191 | $169,666.45 | $499.89 | $0.00 | $959.32 | $171,125.66 |
192 | $171,125.66 | $499.89 | $0.00 | $967.57 | $172,593.12 |
193 | $172,593.12 | $499.89 | $0.00 | $975.87 | $174,068.88 |
194 | $174,068.88 | $499.89 | $0.00 | $984.21 | $175,552.98 |
195 | $175,552.98 | $499.89 | $0.00 | $992.60 | $177,045.47 |
196 | $177,045.47 | $499.89 | $0.00 | $1,001.04 | $178,546.40 |
197 | $178,546.40 | $499.89 | $0.00 | $1,009.53 | $180,055.82 |
198 | $180,055.82 | $499.89 | $0.00 | $1,018.06 | $181,573.77 |
199 | $181,573.77 | $499.89 | $0.00 | $1,026.64 | $183,100.30 |
200 | $183,100.30 | $499.89 | $0.00 | $1,035.28 | $184,635.47 |
201 | $184,635.47 | $499.89 | $0.00 | $1,043.96 | $186,179.32 |
202 | $186,179.32 | $499.89 | $0.00 | $1,052.68 | $187,731.89 |
203 | $187,731.89 | $499.89 | $0.00 | $1,061.46 | $189,293.24 |
204 | $189,293.24 | $499.89 | $0.00 | $1,070.29 | $190,863.42 |
205 | $190,863.42 | $499.89 | $0.00 | $1,079.17 | $192,442.48 |
206 | $192,442.48 | $499.89 | $0.00 | $1,088.10 | $194,030.47 |
207 | $194,030.47 | $499.89 | $0.00 | $1,097.08 | $195,627.44 |
208 | $195,627.44 | $499.89 | $0.00 | $1,106.11 | $197,233.44 |
209 | $197,233.44 | $499.89 | $0.00 | $1,115.19 | $198,848.52 |
210 | $198,848.52 | $499.89 | $0.00 | $1,124.32 | $200,472.73 |
211 | $200,472.73 | $499.89 | $0.00 | $1,133.50 | $202,106.12 |
212 | $202,106.12 | $499.89 | $0.00 | $1,142.74 | $203,748.75 |
213 | $203,748.75 | $499.89 | $0.00 | $1,152.03 | $205,400.67 |
214 | $205,400.67 | $499.89 | $0.00 | $1,161.37 | $207,061.93 |
215 | $207,061.93 | $499.89 | $0.00 | $1,170.76 | $208,732.58 |
216 | $208,732.58 | $499.89 | $0.00 | $1,180.20 | $210,412.67 |
217 | $210,412.67 | $499.89 | $58,605.99 | $1,189.70 | $153,496.27 |
218 | $153,496.27 | $499.89 | $0.00 | $867.89 | $154,864.05 |
219 | $154,864.05 | $499.89 | $0.00 | $875.62 | $156,239.56 |
220 | $156,239.56 | $499.89 | $0.00 | $883.40 | $157,622.85 |
221 | $157,622.85 | $499.89 | $0.00 | $891.22 | $159,013.96 |
222 | $159,013.96 | $499.89 | $0.00 | $899.09 | $160,412.94 |
223 | $160,412.94 | $499.89 | $0.00 | $907.00 | $161,819.83 |
224 | $161,819.83 | $499.89 | $0.00 | $914.95 | $163,234.67 |
225 | $163,234.67 | $499.89 | $0.00 | $922.95 | $164,657.51 |
226 | $164,657.51 | $499.89 | $0.00 | $931.00 | $166,088.40 |
227 | $166,088.40 | $499.89 | $0.00 | $939.09 | $167,527.38 |
228 | $167,527.38 | $499.89 | $0.00 | $947.22 | $168,974.49 |
229 | $168,974.49 | $499.89 | $61,536.29 | $955.41 | $108,893.50 |
230 | $108,893.50 | $499.89 | $0.00 | $615.70 | $110,009.09 |
231 | $110,009.09 | $499.89 | $0.00 | $622.01 | $111,130.99 |
232 | $111,130.99 | $499.89 | $0.00 | $628.35 | $112,259.23 |
233 | $112,259.23 | $499.89 | $0.00 | $634.73 | $113,393.85 |
234 | $113,393.85 | $499.89 | $0.00 | $641.15 | $114,534.89 |
235 | $114,534.89 | $499.89 | $0.00 | $647.60 | $115,682.38 |
236 | $115,682.38 | $499.89 | $0.00 | $654.08 | $116,836.35 |
237 | $116,836.35 | $499.89 | $0.00 | $660.61 | $117,996.85 |
238 | $117,996.85 | $499.89 | $0.00 | $667.17 | $119,163.91 |
239 | $119,163.91 | $499.89 | $0.00 | $673.77 | $120,337.57 |
240 | $120,337.57 | $499.89 | $0.00 | $680.41 | $121,517.87 |
241 | $121,517.87 | $499.89 | $64,613.11 | $687.08 | $58,091.73 |
242 | $58,091.73 | $499.89 | $0.00 | $328.46 | $58,920.08 |
243 | $58,920.08 | $499.89 | $0.00 | $333.14 | $59,753.11 |
244 | $59,753.11 | $499.89 | $0.00 | $337.85 | $60,590.85 |
245 | $60,590.85 | $499.89 | $0.00 | $342.59 | $61,433.33 |
246 | $61,433.33 | $499.89 | $0.00 | $347.35 | $62,280.57 |
247 | $62,280.57 | $499.89 | $0.00 | $352.14 | $63,132.60 |
248 | $63,132.60 | $499.89 | $0.00 | $356.96 | $63,989.45 |
249 | $63,989.45 | $499.89 | $0.00 | $361.81 | $64,851.15 |
250 | $64,851.15 | $499.89 | $0.00 | $366.68 | $65,717.72 |
251 | $65,717.72 | $499.89 | $0.00 | $371.58 | $66,589.19 |
252 | $66,589.19 | $499.89 | $0.00 | $376.50 | $67,465.58 |
253 | $67,465.58 | $0.00 | $67,843.76 | $381.46 | $3.28 |