Estimated Annual Cost in 2042 | $124,049 |
Monthly savings required | $980 |
How much will it cost to send your child to University of Kentucky in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $496,196.76 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $980.39 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 | $33,065.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
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 University of Kentucky in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $980.39 | $0.00 | $0.00 | $980.39 |
2 | $980.39 | $980.39 | $0.00 | $5.54 | $1,966.32 |
3 | $1,966.32 | $980.39 | $0.00 | $11.12 | $2,957.83 |
4 | $2,957.83 | $980.39 | $0.00 | $16.72 | $3,954.94 |
5 | $3,954.94 | $980.39 | $0.00 | $22.36 | $4,957.69 |
6 | $4,957.69 | $980.39 | $0.00 | $28.03 | $5,966.11 |
7 | $5,966.11 | $980.39 | $0.00 | $33.73 | $6,980.23 |
8 | $6,980.23 | $980.39 | $0.00 | $39.47 | $8,000.09 |
9 | $8,000.09 | $980.39 | $0.00 | $45.23 | $9,025.71 |
10 | $9,025.71 | $980.39 | $0.00 | $51.03 | $10,057.13 |
11 | $10,057.13 | $980.39 | $0.00 | $56.86 | $11,094.38 |
12 | $11,094.38 | $980.39 | $0.00 | $62.73 | $12,137.50 |
13 | $12,137.50 | $980.39 | $0.00 | $68.63 | $13,186.52 |
14 | $13,186.52 | $980.39 | $0.00 | $74.56 | $14,241.47 |
15 | $14,241.47 | $980.39 | $0.00 | $80.52 | $15,302.38 |
16 | $15,302.38 | $980.39 | $0.00 | $86.52 | $16,369.29 |
17 | $16,369.29 | $980.39 | $0.00 | $92.55 | $17,442.23 |
18 | $17,442.23 | $980.39 | $0.00 | $98.62 | $18,521.24 |
19 | $18,521.24 | $980.39 | $0.00 | $104.72 | $19,606.35 |
20 | $19,606.35 | $980.39 | $0.00 | $110.86 | $20,697.60 |
21 | $20,697.60 | $980.39 | $0.00 | $117.03 | $21,795.02 |
22 | $21,795.02 | $980.39 | $0.00 | $123.23 | $22,898.64 |
23 | $22,898.64 | $980.39 | $0.00 | $129.47 | $24,008.50 |
24 | $24,008.50 | $980.39 | $0.00 | $135.75 | $25,124.64 |
25 | $25,124.64 | $980.39 | $0.00 | $142.06 | $26,247.09 |
26 | $26,247.09 | $980.39 | $0.00 | $148.40 | $27,375.88 |
27 | $27,375.88 | $980.39 | $0.00 | $154.79 | $28,511.06 |
28 | $28,511.06 | $980.39 | $0.00 | $161.21 | $29,652.66 |
29 | $29,652.66 | $980.39 | $0.00 | $167.66 | $30,800.71 |
30 | $30,800.71 | $980.39 | $0.00 | $174.15 | $31,955.25 |
31 | $31,955.25 | $980.39 | $0.00 | $180.68 | $33,116.32 |
32 | $33,116.32 | $980.39 | $0.00 | $187.24 | $34,283.95 |
33 | $34,283.95 | $980.39 | $0.00 | $193.85 | $35,458.19 |
34 | $35,458.19 | $980.39 | $0.00 | $200.49 | $36,639.07 |
35 | $36,639.07 | $980.39 | $0.00 | $207.16 | $37,826.62 |
36 | $37,826.62 | $980.39 | $0.00 | $213.88 | $39,020.89 |
37 | $39,020.89 | $980.39 | $0.00 | $220.63 | $40,221.91 |
38 | $40,221.91 | $980.39 | $0.00 | $227.42 | $41,429.72 |
39 | $41,429.72 | $980.39 | $0.00 | $234.25 | $42,644.36 |
40 | $42,644.36 | $980.39 | $0.00 | $241.12 | $43,865.87 |
41 | $43,865.87 | $980.39 | $0.00 | $248.02 | $45,094.28 |
42 | $45,094.28 | $980.39 | $0.00 | $254.97 | $46,329.64 |
43 | $46,329.64 | $980.39 | $0.00 | $261.95 | $47,571.98 |
44 | $47,571.98 | $980.39 | $0.00 | $268.98 | $48,821.35 |
45 | $48,821.35 | $980.39 | $0.00 | $276.04 | $50,077.78 |
46 | $50,077.78 | $980.39 | $0.00 | $283.15 | $51,341.32 |
47 | $51,341.32 | $980.39 | $0.00 | $290.29 | $52,612.00 |
48 | $52,612.00 | $980.39 | $0.00 | $297.48 | $53,889.87 |
49 | $53,889.87 | $980.39 | $0.00 | $304.70 | $55,174.96 |
50 | $55,174.96 | $980.39 | $0.00 | $311.97 | $56,467.32 |
51 | $56,467.32 | $980.39 | $0.00 | $319.27 | $57,766.98 |
52 | $57,766.98 | $980.39 | $0.00 | $326.62 | $59,073.99 |
53 | $59,073.99 | $980.39 | $0.00 | $334.01 | $60,388.39 |
54 | $60,388.39 | $980.39 | $0.00 | $341.44 | $61,710.22 |
55 | $61,710.22 | $980.39 | $0.00 | $348.92 | $63,039.53 |
56 | $63,039.53 | $980.39 | $0.00 | $356.43 | $64,376.35 |
57 | $64,376.35 | $980.39 | $0.00 | $363.99 | $65,720.73 |
58 | $65,720.73 | $980.39 | $0.00 | $371.59 | $67,072.71 |
59 | $67,072.71 | $980.39 | $0.00 | $379.24 | $68,432.34 |
60 | $68,432.34 | $980.39 | $0.00 | $386.93 | $69,799.66 |
61 | $69,799.66 | $980.39 | $0.00 | $394.66 | $71,174.71 |
62 | $71,174.71 | $980.39 | $0.00 | $402.43 | $72,557.53 |
63 | $72,557.53 | $980.39 | $0.00 | $410.25 | $73,948.17 |
64 | $73,948.17 | $980.39 | $0.00 | $418.11 | $75,346.67 |
65 | $75,346.67 | $980.39 | $0.00 | $426.02 | $76,753.08 |
66 | $76,753.08 | $980.39 | $0.00 | $433.97 | $78,167.44 |
67 | $78,167.44 | $980.39 | $0.00 | $441.97 | $79,589.80 |
68 | $79,589.80 | $980.39 | $0.00 | $450.01 | $81,020.20 |
69 | $81,020.20 | $980.39 | $0.00 | $458.10 | $82,458.69 |
70 | $82,458.69 | $980.39 | $0.00 | $466.23 | $83,905.31 |
71 | $83,905.31 | $980.39 | $0.00 | $474.41 | $85,360.11 |
72 | $85,360.11 | $980.39 | $0.00 | $482.64 | $86,823.14 |
73 | $86,823.14 | $980.39 | $0.00 | $490.91 | $88,294.44 |
74 | $88,294.44 | $980.39 | $0.00 | $499.23 | $89,774.06 |
75 | $89,774.06 | $980.39 | $0.00 | $507.60 | $91,262.05 |
76 | $91,262.05 | $980.39 | $0.00 | $516.01 | $92,758.45 |
77 | $92,758.45 | $980.39 | $0.00 | $524.47 | $94,263.31 |
78 | $94,263.31 | $980.39 | $0.00 | $532.98 | $95,776.68 |
79 | $95,776.68 | $980.39 | $0.00 | $541.54 | $97,298.61 |
80 | $97,298.61 | $980.39 | $0.00 | $550.14 | $98,829.14 |
81 | $98,829.14 | $980.39 | $0.00 | $558.79 | $100,368.32 |
82 | $100,368.32 | $980.39 | $0.00 | $567.50 | $101,916.21 |
83 | $101,916.21 | $980.39 | $0.00 | $576.25 | $103,472.85 |
84 | $103,472.85 | $980.39 | $0.00 | $585.05 | $105,038.29 |
85 | $105,038.29 | $980.39 | $0.00 | $593.90 | $106,612.58 |
86 | $106,612.58 | $980.39 | $0.00 | $602.80 | $108,195.77 |
87 | $108,195.77 | $980.39 | $0.00 | $611.75 | $109,787.91 |
88 | $109,787.91 | $980.39 | $0.00 | $620.76 | $111,389.06 |
89 | $111,389.06 | $980.39 | $0.00 | $629.81 | $112,999.26 |
90 | $112,999.26 | $980.39 | $0.00 | $638.91 | $114,618.56 |
91 | $114,618.56 | $980.39 | $0.00 | $648.07 | $116,247.02 |
92 | $116,247.02 | $980.39 | $0.00 | $657.28 | $117,884.69 |
93 | $117,884.69 | $980.39 | $0.00 | $666.54 | $119,531.62 |
94 | $119,531.62 | $980.39 | $0.00 | $675.85 | $121,187.86 |
95 | $121,187.86 | $980.39 | $0.00 | $685.21 | $122,853.46 |
96 | $122,853.46 | $980.39 | $0.00 | $694.63 | $124,528.48 |
97 | $124,528.48 | $980.39 | $0.00 | $704.10 | $126,212.97 |
98 | $126,212.97 | $980.39 | $0.00 | $713.63 | $127,906.99 |
99 | $127,906.99 | $980.39 | $0.00 | $723.20 | $129,610.58 |
100 | $129,610.58 | $980.39 | $0.00 | $732.84 | $131,323.81 |
101 | $131,323.81 | $980.39 | $0.00 | $742.52 | $133,046.72 |
102 | $133,046.72 | $980.39 | $0.00 | $752.27 | $134,779.38 |
103 | $134,779.38 | $980.39 | $0.00 | $762.06 | $136,521.83 |
104 | $136,521.83 | $980.39 | $0.00 | $771.91 | $138,274.13 |
105 | $138,274.13 | $980.39 | $0.00 | $781.82 | $140,036.34 |
106 | $140,036.34 | $980.39 | $0.00 | $791.79 | $141,808.52 |
107 | $141,808.52 | $980.39 | $0.00 | $801.81 | $143,590.72 |
108 | $143,590.72 | $980.39 | $0.00 | $811.88 | $145,382.99 |
109 | $145,382.99 | $980.39 | $0.00 | $822.02 | $147,185.40 |
110 | $147,185.40 | $980.39 | $0.00 | $832.21 | $148,998.00 |
111 | $148,998.00 | $980.39 | $0.00 | $842.46 | $150,820.85 |
112 | $150,820.85 | $980.39 | $0.00 | $852.76 | $152,654.00 |
113 | $152,654.00 | $980.39 | $0.00 | $863.13 | $154,497.52 |
114 | $154,497.52 | $980.39 | $0.00 | $873.55 | $156,351.46 |
115 | $156,351.46 | $980.39 | $0.00 | $884.03 | $158,215.88 |
116 | $158,215.88 | $980.39 | $0.00 | $894.58 | $160,090.85 |
117 | $160,090.85 | $980.39 | $0.00 | $905.18 | $161,976.42 |
118 | $161,976.42 | $980.39 | $0.00 | $915.84 | $163,872.65 |
119 | $163,872.65 | $980.39 | $0.00 | $926.56 | $165,779.60 |
120 | $165,779.60 | $980.39 | $0.00 | $937.34 | $167,697.33 |
121 | $167,697.33 | $980.39 | $0.00 | $948.19 | $169,625.91 |
122 | $169,625.91 | $980.39 | $0.00 | $959.09 | $171,565.39 |
123 | $171,565.39 | $980.39 | $0.00 | $970.06 | $173,515.84 |
124 | $173,515.84 | $980.39 | $0.00 | $981.08 | $175,477.31 |
125 | $175,477.31 | $980.39 | $0.00 | $992.17 | $177,449.87 |
126 | $177,449.87 | $980.39 | $0.00 | $1,003.33 | $179,433.59 |
127 | $179,433.59 | $980.39 | $0.00 | $1,014.54 | $181,428.52 |
128 | $181,428.52 | $980.39 | $0.00 | $1,025.82 | $183,434.73 |
129 | $183,434.73 | $980.39 | $0.00 | $1,037.17 | $185,452.29 |
130 | $185,452.29 | $980.39 | $0.00 | $1,048.57 | $187,481.25 |
131 | $187,481.25 | $980.39 | $0.00 | $1,060.05 | $189,521.69 |
132 | $189,521.69 | $980.39 | $0.00 | $1,071.58 | $191,573.66 |
133 | $191,573.66 | $980.39 | $0.00 | $1,083.19 | $193,637.24 |
134 | $193,637.24 | $980.39 | $0.00 | $1,094.85 | $195,712.48 |
135 | $195,712.48 | $980.39 | $0.00 | $1,106.59 | $197,799.46 |
136 | $197,799.46 | $980.39 | $0.00 | $1,118.39 | $199,898.24 |
137 | $199,898.24 | $980.39 | $0.00 | $1,130.25 | $202,008.88 |
138 | $202,008.88 | $980.39 | $0.00 | $1,142.19 | $204,131.46 |
139 | $204,131.46 | $980.39 | $0.00 | $1,154.19 | $206,266.04 |
140 | $206,266.04 | $980.39 | $0.00 | $1,166.26 | $208,412.69 |
141 | $208,412.69 | $980.39 | $0.00 | $1,178.40 | $210,571.48 |
142 | $210,571.48 | $980.39 | $0.00 | $1,190.60 | $212,742.47 |
143 | $212,742.47 | $980.39 | $0.00 | $1,202.88 | $214,925.74 |
144 | $214,925.74 | $980.39 | $0.00 | $1,215.22 | $217,121.35 |
145 | $217,121.35 | $980.39 | $0.00 | $1,227.64 | $219,329.38 |
146 | $219,329.38 | $980.39 | $0.00 | $1,240.12 | $221,549.89 |
147 | $221,549.89 | $980.39 | $0.00 | $1,252.68 | $223,782.96 |
148 | $223,782.96 | $980.39 | $0.00 | $1,265.30 | $226,028.65 |
149 | $226,028.65 | $980.39 | $0.00 | $1,278.00 | $228,287.04 |
150 | $228,287.04 | $980.39 | $0.00 | $1,290.77 | $230,558.20 |
151 | $230,558.20 | $980.39 | $0.00 | $1,303.61 | $232,842.20 |
152 | $232,842.20 | $980.39 | $0.00 | $1,316.52 | $235,139.11 |
153 | $235,139.11 | $980.39 | $0.00 | $1,329.51 | $237,449.01 |
154 | $237,449.01 | $980.39 | $0.00 | $1,342.57 | $239,771.97 |
155 | $239,771.97 | $980.39 | $0.00 | $1,355.71 | $242,108.07 |
156 | $242,108.07 | $980.39 | $0.00 | $1,368.91 | $244,457.37 |
157 | $244,457.37 | $980.39 | $0.00 | $1,382.20 | $246,819.96 |
158 | $246,819.96 | $980.39 | $0.00 | $1,395.56 | $249,195.91 |
159 | $249,195.91 | $980.39 | $0.00 | $1,408.99 | $251,585.29 |
160 | $251,585.29 | $980.39 | $0.00 | $1,422.50 | $253,988.18 |
161 | $253,988.18 | $980.39 | $0.00 | $1,436.09 | $256,404.66 |
162 | $256,404.66 | $980.39 | $0.00 | $1,449.75 | $258,834.80 |
163 | $258,834.80 | $980.39 | $0.00 | $1,463.49 | $261,278.68 |
164 | $261,278.68 | $980.39 | $0.00 | $1,477.31 | $263,736.38 |
165 | $263,736.38 | $980.39 | $0.00 | $1,491.20 | $266,207.97 |
166 | $266,207.97 | $980.39 | $0.00 | $1,505.18 | $268,693.54 |
167 | $268,693.54 | $980.39 | $0.00 | $1,519.23 | $271,193.16 |
168 | $271,193.16 | $980.39 | $0.00 | $1,533.37 | $273,706.92 |
169 | $273,706.92 | $980.39 | $0.00 | $1,547.58 | $276,234.89 |
170 | $276,234.89 | $980.39 | $0.00 | $1,561.87 | $278,777.15 |
171 | $278,777.15 | $980.39 | $0.00 | $1,576.25 | $281,333.79 |
172 | $281,333.79 | $980.39 | $0.00 | $1,590.70 | $283,904.88 |
173 | $283,904.88 | $980.39 | $0.00 | $1,605.24 | $286,490.51 |
174 | $286,490.51 | $980.39 | $0.00 | $1,619.86 | $289,090.76 |
175 | $289,090.76 | $980.39 | $0.00 | $1,634.56 | $291,705.71 |
176 | $291,705.71 | $980.39 | $0.00 | $1,649.35 | $294,335.45 |
177 | $294,335.45 | $980.39 | $0.00 | $1,664.22 | $296,980.06 |
178 | $296,980.06 | $980.39 | $0.00 | $1,679.17 | $299,639.62 |
179 | $299,639.62 | $980.39 | $0.00 | $1,694.21 | $302,314.22 |
180 | $302,314.22 | $980.39 | $0.00 | $1,709.33 | $305,003.94 |
181 | $305,003.94 | $980.39 | $0.00 | $1,724.54 | $307,708.87 |
182 | $307,708.87 | $980.39 | $0.00 | $1,739.83 | $310,429.09 |
183 | $310,429.09 | $980.39 | $0.00 | $1,755.21 | $313,164.69 |
184 | $313,164.69 | $980.39 | $0.00 | $1,770.68 | $315,915.76 |
185 | $315,915.76 | $980.39 | $0.00 | $1,786.23 | $318,682.38 |
186 | $318,682.38 | $980.39 | $0.00 | $1,801.88 | $321,464.65 |
187 | $321,464.65 | $980.39 | $0.00 | $1,817.61 | $324,262.65 |
188 | $324,262.65 | $980.39 | $0.00 | $1,833.43 | $327,076.47 |
189 | $327,076.47 | $980.39 | $0.00 | $1,849.34 | $329,906.20 |
190 | $329,906.20 | $980.39 | $0.00 | $1,865.34 | $332,751.93 |
191 | $332,751.93 | $980.39 | $0.00 | $1,881.43 | $335,613.75 |
192 | $335,613.75 | $980.39 | $0.00 | $1,897.61 | $338,491.75 |
193 | $338,491.75 | $980.39 | $0.00 | $1,913.88 | $341,386.02 |
194 | $341,386.02 | $980.39 | $0.00 | $1,930.25 | $344,296.66 |
195 | $344,296.66 | $980.39 | $0.00 | $1,946.70 | $347,223.75 |
196 | $347,223.75 | $980.39 | $0.00 | $1,963.25 | $350,167.39 |
197 | $350,167.39 | $980.39 | $0.00 | $1,979.90 | $353,127.68 |
198 | $353,127.68 | $980.39 | $0.00 | $1,996.64 | $356,104.71 |
199 | $356,104.71 | $980.39 | $0.00 | $2,013.47 | $359,098.57 |
200 | $359,098.57 | $980.39 | $0.00 | $2,030.40 | $362,109.36 |
201 | $362,109.36 | $980.39 | $0.00 | $2,047.42 | $365,137.17 |
202 | $365,137.17 | $980.39 | $0.00 | $2,064.54 | $368,182.10 |
203 | $368,182.10 | $980.39 | $0.00 | $2,081.76 | $371,244.25 |
204 | $371,244.25 | $980.39 | $0.00 | $2,099.07 | $374,323.71 |
205 | $374,323.71 | $980.39 | $0.00 | $2,116.48 | $377,420.58 |
206 | $377,420.58 | $980.39 | $0.00 | $2,133.99 | $380,534.96 |
207 | $380,534.96 | $980.39 | $0.00 | $2,151.60 | $383,666.95 |
208 | $383,666.95 | $980.39 | $0.00 | $2,169.31 | $386,816.65 |
209 | $386,816.65 | $980.39 | $0.00 | $2,187.12 | $389,984.16 |
210 | $389,984.16 | $980.39 | $0.00 | $2,205.03 | $393,169.58 |
211 | $393,169.58 | $980.39 | $0.00 | $2,223.04 | $396,373.01 |
212 | $396,373.01 | $980.39 | $0.00 | $2,241.15 | $399,594.55 |
213 | $399,594.55 | $980.39 | $0.00 | $2,259.37 | $402,834.31 |
214 | $402,834.31 | $980.39 | $0.00 | $2,277.68 | $406,092.38 |
215 | $406,092.38 | $980.39 | $0.00 | $2,296.11 | $409,368.88 |
216 | $409,368.88 | $980.39 | $0.00 | $2,314.63 | $412,663.90 |
217 | $412,663.90 | $980.39 | $111,757.46 | $2,333.26 | $304,220.09 |
218 | $304,220.09 | $980.39 | $0.00 | $1,720.10 | $306,920.58 |
219 | $306,920.58 | $980.39 | $0.00 | $1,735.37 | $309,636.34 |
220 | $309,636.34 | $980.39 | $0.00 | $1,750.73 | $312,367.46 |
221 | $312,367.46 | $980.39 | $0.00 | $1,766.17 | $315,114.02 |
222 | $315,114.02 | $980.39 | $0.00 | $1,781.70 | $317,876.11 |
223 | $317,876.11 | $980.39 | $0.00 | $1,797.32 | $320,653.82 |
224 | $320,653.82 | $980.39 | $0.00 | $1,813.02 | $323,447.23 |
225 | $323,447.23 | $980.39 | $0.00 | $1,828.82 | $326,256.44 |
226 | $326,256.44 | $980.39 | $0.00 | $1,844.70 | $329,081.53 |
227 | $329,081.53 | $980.39 | $0.00 | $1,860.67 | $331,922.59 |
228 | $331,922.59 | $980.39 | $0.00 | $1,876.74 | $334,779.72 |
229 | $334,779.72 | $980.39 | $119,580.48 | $1,892.89 | $218,072.52 |
230 | $218,072.52 | $980.39 | $0.00 | $1,233.01 | $220,285.92 |
231 | $220,285.92 | $980.39 | $0.00 | $1,245.53 | $222,511.84 |
232 | $222,511.84 | $980.39 | $0.00 | $1,258.11 | $224,750.34 |
233 | $224,750.34 | $980.39 | $0.00 | $1,270.77 | $227,001.50 |
234 | $227,001.50 | $980.39 | $0.00 | $1,283.50 | $229,265.39 |
235 | $229,265.39 | $980.39 | $0.00 | $1,296.30 | $231,542.08 |
236 | $231,542.08 | $980.39 | $0.00 | $1,309.17 | $233,831.64 |
237 | $233,831.64 | $980.39 | $0.00 | $1,322.12 | $236,134.15 |
238 | $236,134.15 | $980.39 | $0.00 | $1,335.14 | $238,449.68 |
239 | $238,449.68 | $980.39 | $0.00 | $1,348.23 | $240,778.30 |
240 | $240,778.30 | $980.39 | $0.00 | $1,361.40 | $243,120.09 |
241 | $243,120.09 | $980.39 | $127,951.12 | $1,374.64 | $117,524.00 |
242 | $117,524.00 | $980.39 | $0.00 | $664.50 | $119,168.89 |
243 | $119,168.89 | $980.39 | $0.00 | $673.80 | $120,823.08 |
244 | $120,823.08 | $980.39 | $0.00 | $683.15 | $122,486.62 |
245 | $122,486.62 | $980.39 | $0.00 | $692.56 | $124,159.57 |
246 | $124,159.57 | $980.39 | $0.00 | $702.02 | $125,841.98 |
247 | $125,841.98 | $980.39 | $0.00 | $711.53 | $127,533.90 |
248 | $127,533.90 | $980.39 | $0.00 | $721.10 | $129,235.39 |
249 | $129,235.39 | $980.39 | $0.00 | $730.72 | $130,946.50 |
250 | $130,946.50 | $980.39 | $0.00 | $740.39 | $132,667.28 |
251 | $132,667.28 | $980.39 | $0.00 | $750.12 | $134,397.79 |
252 | $134,397.79 | $980.39 | $0.00 | $759.90 | $136,138.08 |
253 | $136,138.08 | $0.00 | $136,907.69 | $769.74 | $0.13 |