Savings Plan and Future Cost Estimation for Our Lady of the Lake College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$89,528
Monthly savings required$709

How much will it cost to send your child to Our Lady of the Lake College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $358,111.57 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $708.69 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$34,524.00
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 $708.69 $0.00 $0.00 $708.69
2 $708.69 $708.69 $0.00 $4.01 $1,421.39
3 $1,421.39 $708.69 $0.00 $8.04 $2,138.12
4 $2,138.12 $708.69 $0.00 $12.09 $2,858.90
5 $2,858.90 $708.69 $0.00 $16.16 $3,583.75
6 $3,583.75 $708.69 $0.00 $20.26 $4,312.70
7 $4,312.70 $708.69 $0.00 $24.38 $5,045.77
8 $5,045.77 $708.69 $0.00 $28.53 $5,782.99
9 $5,782.99 $708.69 $0.00 $32.70 $6,524.38
10 $6,524.38 $708.69 $0.00 $36.89 $7,269.96
11 $7,269.96 $708.69 $0.00 $41.11 $8,019.76
12 $8,019.76 $708.69 $0.00 $45.34 $8,773.79
13 $8,773.79 $708.69 $0.00 $49.61 $9,532.09
14 $9,532.09 $708.69 $0.00 $53.90 $10,294.68
15 $10,294.68 $708.69 $0.00 $58.21 $11,061.58
16 $11,061.58 $708.69 $0.00 $62.54 $11,832.81
17 $11,832.81 $708.69 $0.00 $66.90 $12,608.40
18 $12,608.40 $708.69 $0.00 $71.29 $13,388.38
19 $13,388.38 $708.69 $0.00 $75.70 $14,172.77
20 $14,172.77 $708.69 $0.00 $80.13 $14,961.59
21 $14,961.59 $708.69 $0.00 $84.60 $15,754.88
22 $15,754.88 $708.69 $0.00 $89.08 $16,552.65
23 $16,552.65 $708.69 $0.00 $93.59 $17,354.93
24 $17,354.93 $708.69 $0.00 $98.13 $18,161.75
25 $18,161.75 $708.69 $0.00 $102.69 $18,973.13
26 $18,973.13 $708.69 $0.00 $107.28 $19,789.10
27 $19,789.10 $708.69 $0.00 $111.89 $20,609.68
28 $20,609.68 $708.69 $0.00 $116.53 $21,434.90
29 $21,434.90 $708.69 $0.00 $121.20 $22,264.79
30 $22,264.79 $708.69 $0.00 $125.89 $23,099.37
31 $23,099.37 $708.69 $0.00 $130.61 $23,938.67
32 $23,938.67 $708.69 $0.00 $135.35 $24,782.71
33 $24,782.71 $708.69 $0.00 $140.13 $25,631.53
34 $25,631.53 $708.69 $0.00 $144.92 $26,485.14
35 $26,485.14 $708.69 $0.00 $149.75 $27,343.58
36 $27,343.58 $708.69 $0.00 $154.60 $28,206.87
37 $28,206.87 $708.69 $0.00 $159.49 $29,075.05
38 $29,075.05 $708.69 $0.00 $164.39 $29,948.13
39 $29,948.13 $708.69 $0.00 $169.33 $30,826.15
40 $30,826.15 $708.69 $0.00 $174.30 $31,709.14
41 $31,709.14 $708.69 $0.00 $179.29 $32,597.12
42 $32,597.12 $708.69 $0.00 $184.31 $33,490.12
43 $33,490.12 $708.69 $0.00 $189.36 $34,388.17
44 $34,388.17 $708.69 $0.00 $194.44 $35,291.30
45 $35,291.30 $708.69 $0.00 $199.54 $36,199.53
46 $36,199.53 $708.69 $0.00 $204.68 $37,112.90
47 $37,112.90 $708.69 $0.00 $209.84 $38,031.43
48 $38,031.43 $708.69 $0.00 $215.04 $38,955.16
49 $38,955.16 $708.69 $0.00 $220.26 $39,884.11
50 $39,884.11 $708.69 $0.00 $225.51 $40,818.31
51 $40,818.31 $708.69 $0.00 $230.79 $41,757.79
52 $41,757.79 $708.69 $0.00 $236.10 $42,702.58
53 $42,702.58 $708.69 $0.00 $241.45 $43,652.72
54 $43,652.72 $708.69 $0.00 $246.82 $44,608.23
55 $44,608.23 $708.69 $0.00 $252.22 $45,569.14
56 $45,569.14 $708.69 $0.00 $257.65 $46,535.48
57 $46,535.48 $708.69 $0.00 $263.12 $47,507.29
58 $47,507.29 $708.69 $0.00 $268.61 $48,484.59
59 $48,484.59 $708.69 $0.00 $274.14 $49,467.42
60 $49,467.42 $708.69 $0.00 $279.70 $50,455.81
61 $50,455.81 $708.69 $0.00 $285.28 $51,449.78
62 $51,449.78 $708.69 $0.00 $290.90 $52,449.37
63 $52,449.37 $708.69 $0.00 $296.56 $53,454.62
64 $53,454.62 $708.69 $0.00 $302.24 $54,465.55
65 $54,465.55 $708.69 $0.00 $307.96 $55,482.20
66 $55,482.20 $708.69 $0.00 $313.70 $56,504.59
67 $56,504.59 $708.69 $0.00 $319.49 $57,532.77
68 $57,532.77 $708.69 $0.00 $325.30 $58,566.76
69 $58,566.76 $708.69 $0.00 $331.14 $59,606.59
70 $59,606.59 $708.69 $0.00 $337.02 $60,652.30
71 $60,652.30 $708.69 $0.00 $342.94 $61,703.93
72 $61,703.93 $708.69 $0.00 $348.88 $62,761.50
73 $62,761.50 $708.69 $0.00 $354.86 $63,825.05
74 $63,825.05 $708.69 $0.00 $360.88 $64,894.62
75 $64,894.62 $708.69 $0.00 $366.92 $65,970.23
76 $65,970.23 $708.69 $0.00 $373.01 $67,051.93
77 $67,051.93 $708.69 $0.00 $379.12 $68,139.74
78 $68,139.74 $708.69 $0.00 $385.27 $69,233.70
79 $69,233.70 $708.69 $0.00 $391.46 $70,333.85
80 $70,333.85 $708.69 $0.00 $397.68 $71,440.22
81 $71,440.22 $708.69 $0.00 $403.93 $72,552.84
82 $72,552.84 $708.69 $0.00 $410.22 $73,671.75
83 $73,671.75 $708.69 $0.00 $416.55 $74,796.99
84 $74,796.99 $708.69 $0.00 $422.91 $75,928.59
85 $75,928.59 $708.69 $0.00 $429.31 $77,066.59
86 $77,066.59 $708.69 $0.00 $435.75 $78,211.03
87 $78,211.03 $708.69 $0.00 $442.22 $79,361.94
88 $79,361.94 $708.69 $0.00 $448.72 $80,519.35
89 $80,519.35 $708.69 $0.00 $455.27 $81,683.31
90 $81,683.31 $708.69 $0.00 $461.85 $82,853.85
91 $82,853.85 $708.69 $0.00 $468.47 $84,031.01
92 $84,031.01 $708.69 $0.00 $475.12 $85,214.82
93 $85,214.82 $708.69 $0.00 $481.82 $86,405.33
94 $86,405.33 $708.69 $0.00 $488.55 $87,602.57
95 $87,602.57 $708.69 $0.00 $495.32 $88,806.58
96 $88,806.58 $708.69 $0.00 $502.13 $90,017.40
97 $90,017.40 $708.69 $0.00 $508.97 $91,235.06
98 $91,235.06 $708.69 $0.00 $515.86 $92,459.61
99 $92,459.61 $708.69 $0.00 $522.78 $93,691.08
100 $93,691.08 $708.69 $0.00 $529.74 $94,929.51
101 $94,929.51 $708.69 $0.00 $536.75 $96,174.95
102 $96,174.95 $708.69 $0.00 $543.79 $97,427.43
103 $97,427.43 $708.69 $0.00 $550.87 $98,686.99
104 $98,686.99 $708.69 $0.00 $557.99 $99,953.67
105 $99,953.67 $708.69 $0.00 $565.15 $101,227.51
106 $101,227.51 $708.69 $0.00 $572.36 $102,508.56
107 $102,508.56 $708.69 $0.00 $579.60 $103,796.85
108 $103,796.85 $708.69 $0.00 $586.88 $105,092.42
109 $105,092.42 $708.69 $0.00 $594.21 $106,395.32
110 $106,395.32 $708.69 $0.00 $601.57 $107,705.58
111 $107,705.58 $708.69 $0.00 $608.98 $109,023.25
112 $109,023.25 $708.69 $0.00 $616.43 $110,348.37
113 $110,348.37 $708.69 $0.00 $623.93 $111,680.99
114 $111,680.99 $708.69 $0.00 $631.46 $113,021.14
115 $113,021.14 $708.69 $0.00 $639.04 $114,368.87
116 $114,368.87 $708.69 $0.00 $646.66 $115,724.22
117 $115,724.22 $708.69 $0.00 $654.32 $117,087.23
118 $117,087.23 $708.69 $0.00 $662.03 $118,457.95
119 $118,457.95 $708.69 $0.00 $669.78 $119,836.42
120 $119,836.42 $708.69 $0.00 $677.57 $121,222.68
121 $121,222.68 $708.69 $0.00 $685.41 $122,616.78
122 $122,616.78 $708.69 $0.00 $693.29 $124,018.76
123 $124,018.76 $708.69 $0.00 $701.22 $125,428.67
124 $125,428.67 $708.69 $0.00 $709.19 $126,846.55
125 $126,846.55 $708.69 $0.00 $717.21 $128,272.45
126 $128,272.45 $708.69 $0.00 $725.27 $129,706.41
127 $129,706.41 $708.69 $0.00 $733.38 $131,148.48
128 $131,148.48 $708.69 $0.00 $741.53 $132,598.70
129 $132,598.70 $708.69 $0.00 $749.73 $134,057.12
130 $134,057.12 $708.69 $0.00 $757.98 $135,523.79
131 $135,523.79 $708.69 $0.00 $766.27 $136,998.75
132 $136,998.75 $708.69 $0.00 $774.61 $138,482.05
133 $138,482.05 $708.69 $0.00 $783.00 $139,973.74
134 $139,973.74 $708.69 $0.00 $791.43 $141,473.86
135 $141,473.86 $708.69 $0.00 $799.91 $142,982.46
136 $142,982.46 $708.69 $0.00 $808.44 $144,499.59
137 $144,499.59 $708.69 $0.00 $817.02 $146,025.30
138 $146,025.30 $708.69 $0.00 $825.65 $147,559.64
139 $147,559.64 $708.69 $0.00 $834.32 $149,102.65
140 $149,102.65 $708.69 $0.00 $843.05 $150,654.39
141 $150,654.39 $708.69 $0.00 $851.82 $152,214.90
142 $152,214.90 $708.69 $0.00 $860.65 $153,784.24
143 $153,784.24 $708.69 $0.00 $869.52 $155,362.45
144 $155,362.45 $708.69 $0.00 $878.44 $156,949.58
145 $156,949.58 $708.69 $0.00 $887.42 $158,545.69
146 $158,545.69 $708.69 $0.00 $896.44 $160,150.82
147 $160,150.82 $708.69 $0.00 $905.52 $161,765.03
148 $161,765.03 $708.69 $0.00 $914.64 $163,388.36
149 $163,388.36 $708.69 $0.00 $923.82 $165,020.87
150 $165,020.87 $708.69 $0.00 $933.05 $166,662.61
151 $166,662.61 $708.69 $0.00 $942.33 $168,313.63
152 $168,313.63 $708.69 $0.00 $951.67 $169,973.99
153 $169,973.99 $708.69 $0.00 $961.06 $171,643.74
154 $171,643.74 $708.69 $0.00 $970.50 $173,322.93
155 $173,322.93 $708.69 $0.00 $979.99 $175,011.61
156 $175,011.61 $708.69 $0.00 $989.54 $176,709.84
157 $176,709.84 $708.69 $0.00 $999.14 $178,417.67
158 $178,417.67 $708.69 $0.00 $1,008.80 $180,135.16
159 $180,135.16 $708.69 $0.00 $1,018.51 $181,862.36
160 $181,862.36 $708.69 $0.00 $1,028.28 $183,599.33
161 $183,599.33 $708.69 $0.00 $1,038.10 $185,346.12
162 $185,346.12 $708.69 $0.00 $1,047.97 $187,102.78
163 $187,102.78 $708.69 $0.00 $1,057.91 $188,869.38
164 $188,869.38 $708.69 $0.00 $1,067.89 $190,645.96
165 $190,645.96 $708.69 $0.00 $1,077.94 $192,432.59
166 $192,432.59 $708.69 $0.00 $1,088.04 $194,229.32
167 $194,229.32 $708.69 $0.00 $1,098.20 $196,036.21
168 $196,036.21 $708.69 $0.00 $1,108.42 $197,853.32
169 $197,853.32 $708.69 $0.00 $1,118.69 $199,680.70
170 $199,680.70 $708.69 $0.00 $1,129.02 $201,518.41
171 $201,518.41 $708.69 $0.00 $1,139.41 $203,366.51
172 $203,366.51 $708.69 $0.00 $1,149.86 $205,225.06
173 $205,225.06 $708.69 $0.00 $1,160.37 $207,094.12
174 $207,094.12 $708.69 $0.00 $1,170.94 $208,973.75
175 $208,973.75 $708.69 $0.00 $1,181.57 $210,864.01
176 $210,864.01 $708.69 $0.00 $1,192.26 $212,764.96
177 $212,764.96 $708.69 $0.00 $1,203.00 $214,676.65
178 $214,676.65 $708.69 $0.00 $1,213.81 $216,599.15
179 $216,599.15 $708.69 $0.00 $1,224.68 $218,532.52
180 $218,532.52 $708.69 $0.00 $1,235.61 $220,476.82
181 $220,476.82 $708.69 $0.00 $1,246.61 $222,432.12
182 $222,432.12 $708.69 $0.00 $1,257.66 $224,398.47
183 $224,398.47 $708.69 $0.00 $1,268.78 $226,375.94
184 $226,375.94 $708.69 $0.00 $1,279.96 $228,364.59
185 $228,364.59 $708.69 $0.00 $1,291.21 $230,364.49
186 $230,364.49 $708.69 $0.00 $1,302.51 $232,375.69
187 $232,375.69 $708.69 $0.00 $1,313.89 $234,398.27
188 $234,398.27 $708.69 $0.00 $1,325.32 $236,432.28
189 $236,432.28 $708.69 $0.00 $1,336.82 $238,477.79
190 $238,477.79 $708.69 $0.00 $1,348.39 $240,534.87
191 $240,534.87 $708.69 $0.00 $1,360.02 $242,603.58
192 $242,603.58 $708.69 $0.00 $1,371.72 $244,683.99
193 $244,683.99 $708.69 $0.00 $1,383.48 $246,776.16
194 $246,776.16 $708.69 $0.00 $1,395.31 $248,880.16
195 $248,880.16 $708.69 $0.00 $1,407.20 $250,996.05
196 $250,996.05 $708.69 $0.00 $1,419.17 $253,123.91
197 $253,123.91 $708.69 $0.00 $1,431.20 $255,263.80
198 $255,263.80 $708.69 $0.00 $1,443.30 $257,415.79
199 $257,415.79 $708.69 $0.00 $1,455.47 $259,579.95
200 $259,579.95 $708.69 $0.00 $1,467.70 $261,756.34
201 $261,756.34 $708.69 $0.00 $1,480.01 $263,945.04
202 $263,945.04 $708.69 $0.00 $1,492.38 $266,146.11
203 $266,146.11 $708.69 $0.00 $1,504.83 $268,359.63
204 $268,359.63 $708.69 $0.00 $1,517.34 $270,585.66
205 $270,585.66 $708.69 $0.00 $1,529.93 $272,824.28
206 $272,824.28 $708.69 $0.00 $1,542.59 $275,075.56
207 $275,075.56 $708.69 $0.00 $1,555.32 $277,339.57
208 $277,339.57 $708.69 $0.00 $1,568.12 $279,616.38
209 $279,616.38 $708.69 $0.00 $1,580.99 $281,906.06
210 $281,906.06 $708.69 $0.00 $1,593.94 $284,208.69
211 $284,208.69 $708.69 $0.00 $1,606.96 $286,524.34
212 $286,524.34 $708.69 $0.00 $1,620.05 $288,853.08
213 $288,853.08 $708.69 $0.00 $1,633.22 $291,194.99
214 $291,194.99 $708.69 $0.00 $1,646.46 $293,550.14
215 $293,550.14 $708.69 $0.00 $1,659.78 $295,918.61
216 $295,918.61 $708.69 $0.00 $1,673.17 $298,300.47
217 $298,300.47 $708.69 $83,086.12 $1,686.63 $217,609.67
218 $217,609.67 $708.69 $0.00 $1,230.40 $219,548.76
219 $219,548.76 $708.69 $0.00 $1,241.36 $221,498.81
220 $221,498.81 $708.69 $0.00 $1,252.39 $223,459.89
221 $223,459.89 $708.69 $0.00 $1,263.47 $225,432.05
222 $225,432.05 $708.69 $0.00 $1,274.63 $227,415.37
223 $227,415.37 $708.69 $0.00 $1,285.84 $229,409.90
224 $229,409.90 $708.69 $0.00 $1,297.12 $231,415.71
225 $231,415.71 $708.69 $0.00 $1,308.46 $233,432.86
226 $233,432.86 $708.69 $0.00 $1,319.86 $235,461.41
227 $235,461.41 $708.69 $0.00 $1,331.33 $237,501.43
228 $237,501.43 $708.69 $0.00 $1,342.87 $239,552.99
229 $239,552.99 $708.69 $87,240.43 $1,354.47 $154,375.72
230 $154,375.72 $708.69 $0.00 $872.86 $155,957.27
231 $155,957.27 $708.69 $0.00 $881.81 $157,547.77
232 $157,547.77 $708.69 $0.00 $890.80 $159,147.26
233 $159,147.26 $708.69 $0.00 $899.84 $160,755.79
234 $160,755.79 $708.69 $0.00 $908.94 $162,373.42
235 $162,373.42 $708.69 $0.00 $918.08 $164,000.19
236 $164,000.19 $708.69 $0.00 $927.28 $165,636.16
237 $165,636.16 $708.69 $0.00 $936.53 $167,281.38
238 $167,281.38 $708.69 $0.00 $945.83 $168,935.90
239 $168,935.90 $708.69 $0.00 $955.19 $170,599.78
240 $170,599.78 $708.69 $0.00 $964.60 $172,273.07
241 $172,273.07 $708.69 $91,602.45 $974.06 $82,353.37
242 $82,353.37 $708.69 $0.00 $465.64 $83,527.70
243 $83,527.70 $708.69 $0.00 $472.28 $84,708.67
244 $84,708.67 $708.69 $0.00 $478.96 $85,896.32
245 $85,896.32 $708.69 $0.00 $485.67 $87,090.68
246 $87,090.68 $708.69 $0.00 $492.42 $88,291.79
247 $88,291.79 $708.69 $0.00 $499.21 $89,499.69
248 $89,499.69 $708.69 $0.00 $506.04 $90,714.42
249 $90,714.42 $708.69 $0.00 $512.91 $91,936.02
250 $91,936.02 $708.69 $0.00 $519.82 $93,164.53
251 $93,164.53 $708.69 $0.00 $526.77 $94,399.99
252 $94,399.99 $708.69 $0.00 $533.75 $95,642.43
253 $95,642.43 $0.00 $96,182.57 $540.78 $0.64