Savings Plan and Future Cost Estimation for Blue Cliff College Houma

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$61,509
Monthly savings required$273

How much will it cost to send your child to Blue Cliff College Houma in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $123,018.55 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $273.37 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$24,935.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $273.37 $0.00 $0.00 $273.37
2 $273.37 $273.37 $0.00 $1.55 $548.29
3 $548.29 $273.37 $0.00 $3.10 $824.76
4 $824.76 $273.37 $0.00 $4.66 $1,102.79
5 $1,102.79 $273.37 $0.00 $6.24 $1,382.40
6 $1,382.40 $273.37 $0.00 $7.82 $1,663.59
7 $1,663.59 $273.37 $0.00 $9.41 $1,946.37
8 $1,946.37 $273.37 $0.00 $11.01 $2,230.75
9 $2,230.75 $273.37 $0.00 $12.61 $2,516.73
10 $2,516.73 $273.37 $0.00 $14.23 $2,804.33
11 $2,804.33 $273.37 $0.00 $15.86 $3,093.56
12 $3,093.56 $273.37 $0.00 $17.49 $3,384.42
13 $3,384.42 $273.37 $0.00 $19.14 $3,676.93
14 $3,676.93 $273.37 $0.00 $20.79 $3,971.09
15 $3,971.09 $273.37 $0.00 $22.45 $4,266.91
16 $4,266.91 $273.37 $0.00 $24.13 $4,564.41
17 $4,564.41 $273.37 $0.00 $25.81 $4,863.59
18 $4,863.59 $273.37 $0.00 $27.50 $5,164.46
19 $5,164.46 $273.37 $0.00 $29.20 $5,467.03
20 $5,467.03 $273.37 $0.00 $30.91 $5,771.31
21 $5,771.31 $273.37 $0.00 $32.63 $6,077.31
22 $6,077.31 $273.37 $0.00 $34.36 $6,385.04
23 $6,385.04 $273.37 $0.00 $36.10 $6,694.51
24 $6,694.51 $273.37 $0.00 $37.85 $7,005.73
25 $7,005.73 $273.37 $0.00 $39.61 $7,318.71
26 $7,318.71 $273.37 $0.00 $41.38 $7,633.46
27 $7,633.46 $273.37 $0.00 $43.16 $7,949.99
28 $7,949.99 $273.37 $0.00 $44.95 $8,268.31
29 $8,268.31 $273.37 $0.00 $46.75 $8,588.43
30 $8,588.43 $273.37 $0.00 $48.56 $8,910.36
31 $8,910.36 $273.37 $0.00 $50.38 $9,234.11
32 $9,234.11 $273.37 $0.00 $52.21 $9,559.69
33 $9,559.69 $273.37 $0.00 $54.05 $9,887.11
34 $9,887.11 $273.37 $0.00 $55.90 $10,216.38
35 $10,216.38 $273.37 $0.00 $57.76 $10,547.51
36 $10,547.51 $273.37 $0.00 $59.64 $10,880.52
37 $10,880.52 $273.37 $0.00 $61.52 $11,215.41
38 $11,215.41 $273.37 $0.00 $63.41 $11,552.19
39 $11,552.19 $273.37 $0.00 $65.32 $11,890.88
40 $11,890.88 $273.37 $0.00 $67.23 $12,231.48
41 $12,231.48 $273.37 $0.00 $69.16 $12,574.01
42 $12,574.01 $273.37 $0.00 $71.10 $12,918.48
43 $12,918.48 $273.37 $0.00 $73.04 $13,264.89
44 $13,264.89 $273.37 $0.00 $75.00 $13,613.26
45 $13,613.26 $273.37 $0.00 $76.97 $13,963.60
46 $13,963.60 $273.37 $0.00 $78.95 $14,315.92
47 $14,315.92 $273.37 $0.00 $80.94 $14,670.23
48 $14,670.23 $273.37 $0.00 $82.95 $15,026.55
49 $15,026.55 $273.37 $0.00 $84.96 $15,384.88
50 $15,384.88 $273.37 $0.00 $86.99 $15,745.24
51 $15,745.24 $273.37 $0.00 $89.03 $16,107.64
52 $16,107.64 $273.37 $0.00 $91.07 $16,472.08
53 $16,472.08 $273.37 $0.00 $93.14 $16,838.59
54 $16,838.59 $273.37 $0.00 $95.21 $17,207.17
55 $17,207.17 $273.37 $0.00 $97.29 $17,577.83
56 $17,577.83 $273.37 $0.00 $99.39 $17,950.59
57 $17,950.59 $273.37 $0.00 $101.50 $18,325.46
58 $18,325.46 $273.37 $0.00 $103.61 $18,702.44
59 $18,702.44 $273.37 $0.00 $105.75 $19,081.56
60 $19,081.56 $273.37 $0.00 $107.89 $19,462.82
61 $19,462.82 $273.37 $0.00 $110.05 $19,846.24
62 $19,846.24 $273.37 $0.00 $112.21 $20,231.82
63 $20,231.82 $273.37 $0.00 $114.39 $20,619.58
64 $20,619.58 $273.37 $0.00 $116.59 $21,009.54
65 $21,009.54 $273.37 $0.00 $118.79 $21,401.70
66 $21,401.70 $273.37 $0.00 $121.01 $21,796.08
67 $21,796.08 $273.37 $0.00 $123.24 $22,192.69
68 $22,192.69 $273.37 $0.00 $125.48 $22,591.54
69 $22,591.54 $273.37 $0.00 $127.74 $22,992.65
70 $22,992.65 $273.37 $0.00 $130.00 $23,396.02
71 $23,396.02 $273.37 $0.00 $132.28 $23,801.67
72 $23,801.67 $273.37 $0.00 $134.58 $24,209.62
73 $24,209.62 $273.37 $0.00 $136.88 $24,619.87
74 $24,619.87 $273.37 $0.00 $139.20 $25,032.44
75 $25,032.44 $273.37 $0.00 $141.54 $25,447.35
76 $25,447.35 $273.37 $0.00 $143.88 $25,864.60
77 $25,864.60 $273.37 $0.00 $146.24 $26,284.21
78 $26,284.21 $273.37 $0.00 $148.61 $26,706.19
79 $26,706.19 $273.37 $0.00 $151.00 $27,130.56
80 $27,130.56 $273.37 $0.00 $153.40 $27,557.33
81 $27,557.33 $273.37 $0.00 $155.81 $27,986.51
82 $27,986.51 $273.37 $0.00 $158.24 $28,418.12
83 $28,418.12 $273.37 $0.00 $160.68 $28,852.17
84 $28,852.17 $273.37 $0.00 $163.13 $29,288.67
85 $29,288.67 $273.37 $0.00 $165.60 $29,727.64
86 $29,727.64 $273.37 $0.00 $168.08 $30,169.09
87 $30,169.09 $273.37 $0.00 $170.58 $30,613.04
88 $30,613.04 $273.37 $0.00 $173.09 $31,059.50
89 $31,059.50 $273.37 $0.00 $175.61 $31,508.48
90 $31,508.48 $273.37 $0.00 $178.15 $31,960.00
91 $31,960.00 $273.37 $0.00 $180.71 $32,414.08
92 $32,414.08 $273.37 $0.00 $183.27 $32,870.72
93 $32,870.72 $273.37 $0.00 $185.86 $33,329.95
94 $33,329.95 $273.37 $0.00 $188.45 $33,791.77
95 $33,791.77 $273.37 $0.00 $191.06 $34,256.20
96 $34,256.20 $273.37 $0.00 $193.69 $34,723.26
97 $34,723.26 $273.37 $0.00 $196.33 $35,192.96
98 $35,192.96 $273.37 $0.00 $198.99 $35,665.32
99 $35,665.32 $273.37 $0.00 $201.66 $36,140.35
100 $36,140.35 $273.37 $0.00 $204.34 $36,618.06
101 $36,618.06 $273.37 $0.00 $207.04 $37,098.47
102 $37,098.47 $273.37 $0.00 $209.76 $37,581.60
103 $37,581.60 $273.37 $0.00 $212.49 $38,067.46
104 $38,067.46 $273.37 $0.00 $215.24 $38,556.07
105 $38,556.07 $273.37 $0.00 $218.00 $39,047.44
106 $39,047.44 $273.37 $0.00 $220.78 $39,541.59
107 $39,541.59 $273.37 $0.00 $223.57 $40,038.53
108 $40,038.53 $273.37 $0.00 $226.38 $40,538.28
109 $40,538.28 $273.37 $0.00 $229.21 $41,040.86
110 $41,040.86 $273.37 $0.00 $232.05 $41,546.28
111 $41,546.28 $273.37 $0.00 $234.91 $42,054.56
112 $42,054.56 $273.37 $0.00 $237.78 $42,565.71
113 $42,565.71 $273.37 $0.00 $240.67 $43,079.75
114 $43,079.75 $273.37 $0.00 $243.58 $43,596.70
115 $43,596.70 $273.37 $0.00 $246.50 $44,116.57
116 $44,116.57 $273.37 $0.00 $249.44 $44,639.38
117 $44,639.38 $273.37 $0.00 $252.40 $45,165.15
118 $45,165.15 $273.37 $0.00 $255.37 $45,693.89
119 $45,693.89 $273.37 $0.00 $258.36 $46,225.62
120 $46,225.62 $273.37 $0.00 $261.37 $46,760.36
121 $46,760.36 $273.37 $0.00 $264.39 $47,298.12
122 $47,298.12 $273.37 $0.00 $267.43 $47,838.92
123 $47,838.92 $273.37 $0.00 $270.49 $48,382.78
124 $48,382.78 $273.37 $0.00 $273.56 $48,929.71
125 $48,929.71 $273.37 $0.00 $276.66 $49,479.74
126 $49,479.74 $273.37 $0.00 $279.77 $50,032.88
127 $50,032.88 $273.37 $0.00 $282.89 $50,589.14
128 $50,589.14 $273.37 $0.00 $286.04 $51,148.55
129 $51,148.55 $273.37 $0.00 $289.20 $51,711.12
130 $51,711.12 $273.37 $0.00 $292.38 $52,276.87
131 $52,276.87 $273.37 $0.00 $295.58 $52,845.82
132 $52,845.82 $273.37 $0.00 $298.80 $53,417.99
133 $53,417.99 $273.37 $0.00 $302.03 $53,993.39
134 $53,993.39 $273.37 $0.00 $305.29 $54,572.05
135 $54,572.05 $273.37 $0.00 $308.56 $55,153.98
136 $55,153.98 $273.37 $0.00 $311.85 $55,739.20
137 $55,739.20 $273.37 $0.00 $315.16 $56,327.73
138 $56,327.73 $273.37 $0.00 $318.49 $56,919.59
139 $56,919.59 $273.37 $0.00 $321.83 $57,514.79
140 $57,514.79 $273.37 $0.00 $325.20 $58,113.36
141 $58,113.36 $273.37 $0.00 $328.58 $58,715.31
142 $58,715.31 $273.37 $0.00 $331.98 $59,320.66
143 $59,320.66 $273.37 $0.00 $335.41 $59,929.44
144 $59,929.44 $273.37 $0.00 $338.85 $60,541.66
145 $60,541.66 $273.37 $0.00 $342.31 $61,157.34
146 $61,157.34 $273.37 $0.00 $345.79 $61,776.50
147 $61,776.50 $273.37 $0.00 $349.29 $62,399.16
148 $62,399.16 $273.37 $0.00 $352.81 $63,025.34
149 $63,025.34 $273.37 $0.00 $356.35 $63,655.06
150 $63,655.06 $273.37 $0.00 $359.91 $64,288.34
151 $64,288.34 $273.37 $0.00 $363.50 $64,925.21
152 $64,925.21 $273.37 $0.00 $367.10 $65,565.68
153 $65,565.68 $273.37 $0.00 $370.72 $66,209.77
154 $66,209.77 $273.37 $0.00 $374.36 $66,857.50
155 $66,857.50 $273.37 $0.00 $378.02 $67,508.89
156 $67,508.89 $273.37 $0.00 $381.71 $68,163.97
157 $68,163.97 $273.37 $0.00 $385.41 $68,822.75
158 $68,822.75 $273.37 $0.00 $389.13 $69,485.25
159 $69,485.25 $273.37 $0.00 $392.88 $70,151.50
160 $70,151.50 $273.37 $0.00 $396.65 $70,821.52
161 $70,821.52 $273.37 $0.00 $400.44 $71,495.33
162 $71,495.33 $273.37 $0.00 $404.24 $72,172.94
163 $72,172.94 $273.37 $0.00 $408.08 $72,854.39
164 $72,854.39 $273.37 $0.00 $411.93 $73,539.69
165 $73,539.69 $273.37 $0.00 $415.80 $74,228.86
166 $74,228.86 $273.37 $0.00 $419.70 $74,921.93
167 $74,921.93 $273.37 $0.00 $423.62 $75,618.92
168 $75,618.92 $273.37 $0.00 $427.56 $76,319.85
169 $76,319.85 $273.37 $0.00 $431.52 $77,024.74
170 $77,024.74 $273.37 $0.00 $435.51 $77,733.62
171 $77,733.62 $273.37 $0.00 $439.52 $78,446.51
172 $78,446.51 $273.37 $0.00 $443.55 $79,163.43
173 $79,163.43 $273.37 $0.00 $447.60 $79,884.40
174 $79,884.40 $273.37 $0.00 $451.68 $80,609.45
175 $80,609.45 $273.37 $0.00 $455.78 $81,338.60
176 $81,338.60 $273.37 $0.00 $459.90 $82,071.87
177 $82,071.87 $273.37 $0.00 $464.05 $82,809.29
178 $82,809.29 $273.37 $0.00 $468.22 $83,550.88
179 $83,550.88 $273.37 $0.00 $472.41 $84,296.66
180 $84,296.66 $273.37 $0.00 $476.63 $85,046.66
181 $85,046.66 $273.37 $0.00 $480.87 $85,800.90
182 $85,800.90 $273.37 $0.00 $485.13 $86,559.40
183 $86,559.40 $273.37 $0.00 $489.42 $87,322.19
184 $87,322.19 $273.37 $0.00 $493.73 $88,089.29
185 $88,089.29 $273.37 $0.00 $498.07 $88,860.73
186 $88,860.73 $273.37 $0.00 $502.43 $89,636.53
187 $89,636.53 $273.37 $0.00 $506.82 $90,416.72
188 $90,416.72 $273.37 $0.00 $511.23 $91,201.32
189 $91,201.32 $273.37 $0.00 $515.67 $91,990.36
190 $91,990.36 $273.37 $0.00 $520.13 $92,783.86
191 $92,783.86 $273.37 $0.00 $524.61 $93,581.84
192 $93,581.84 $273.37 $0.00 $529.13 $94,384.34
193 $94,384.34 $273.37 $0.00 $533.66 $95,191.37
194 $95,191.37 $273.37 $0.00 $538.23 $96,002.97
195 $96,002.97 $273.37 $0.00 $542.81 $96,819.15
196 $96,819.15 $273.37 $0.00 $547.43 $97,639.95
197 $97,639.95 $273.37 $0.00 $552.07 $98,465.39
198 $98,465.39 $273.37 $0.00 $556.74 $99,295.50
199 $99,295.50 $273.37 $0.00 $561.43 $100,130.30
200 $100,130.30 $273.37 $0.00 $566.15 $100,969.82
201 $100,969.82 $273.37 $0.00 $570.90 $101,814.09
202 $101,814.09 $273.37 $0.00 $575.67 $102,663.13
203 $102,663.13 $273.37 $0.00 $580.47 $103,516.97
204 $103,516.97 $273.37 $0.00 $585.30 $104,375.64
205 $104,375.64 $273.37 $0.00 $590.16 $105,239.17
206 $105,239.17 $273.37 $0.00 $595.04 $106,107.58
207 $106,107.58 $273.37 $0.00 $599.95 $106,980.90
208 $106,980.90 $273.37 $0.00 $604.89 $107,859.16
209 $107,859.16 $273.37 $0.00 $609.85 $108,742.38
210 $108,742.38 $273.37 $0.00 $614.85 $109,630.60
211 $109,630.60 $273.37 $0.00 $619.87 $110,523.84
212 $110,523.84 $273.37 $0.00 $624.92 $111,422.13
213 $111,422.13 $273.37 $0.00 $630.00 $112,325.50
214 $112,325.50 $273.37 $0.00 $635.10 $113,233.97
215 $113,233.97 $273.37 $0.00 $640.24 $114,147.58
216 $114,147.58 $273.37 $0.00 $645.41 $115,066.36
217 $115,066.36 $273.37 $60,009.05 $650.60 $55,981.28
218 $55,981.28 $273.37 $0.00 $316.53 $56,571.18
219 $56,571.18 $273.37 $0.00 $319.86 $57,164.41
220 $57,164.41 $273.37 $0.00 $323.22 $57,761.00
221 $57,761.00 $273.37 $0.00 $326.59 $58,360.96
222 $58,360.96 $273.37 $0.00 $329.98 $58,964.31
223 $58,964.31 $273.37 $0.00 $333.39 $59,571.07
224 $59,571.07 $273.37 $0.00 $336.82 $60,181.26
225 $60,181.26 $273.37 $0.00 $340.27 $60,794.90
226 $60,794.90 $273.37 $0.00 $343.74 $61,412.01
227 $61,412.01 $273.37 $0.00 $347.23 $62,032.61
228 $62,032.61 $273.37 $0.00 $350.74 $62,656.72
229 $62,656.72 $0.00 $63,009.50 $354.27 $1.49