# Savings Plan and Future Cost Estimation for Thomas College

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2041 \$113,811 Monthly savings required \$901

How much will it cost to send your child to Thomas College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$455,242.75 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$900.91 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 \$43,888.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford Thomas College in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$900.91 \$0.00 \$0.00 \$900.91
2 \$900.91 \$900.91 \$0.00 \$5.09 \$1,806.91
3 \$1,806.91 \$900.91 \$0.00 \$10.22 \$2,718.04
4 \$2,718.04 \$900.91 \$0.00 \$15.37 \$3,634.32
5 \$3,634.32 \$900.91 \$0.00 \$20.55 \$4,555.78
6 \$4,555.78 \$900.91 \$0.00 \$25.76 \$5,482.45
7 \$5,482.45 \$900.91 \$0.00 \$31.00 \$6,414.36
8 \$6,414.36 \$900.91 \$0.00 \$36.27 \$7,351.54
9 \$7,351.54 \$900.91 \$0.00 \$41.57 \$8,294.02
10 \$8,294.02 \$900.91 \$0.00 \$46.90 \$9,241.83
11 \$9,241.83 \$900.91 \$0.00 \$52.25 \$10,194.99
12 \$10,194.99 \$900.91 \$0.00 \$57.64 \$11,153.54
13 \$11,153.54 \$900.91 \$0.00 \$63.06 \$12,117.51
14 \$12,117.51 \$900.91 \$0.00 \$68.51 \$13,086.93
15 \$13,086.93 \$900.91 \$0.00 \$74.00 \$14,061.84
16 \$14,061.84 \$900.91 \$0.00 \$79.51 \$15,042.26
17 \$15,042.26 \$900.91 \$0.00 \$85.05 \$16,028.22
18 \$16,028.22 \$900.91 \$0.00 \$90.63 \$17,019.76
19 \$17,019.76 \$900.91 \$0.00 \$96.23 \$18,016.90
20 \$18,016.90 \$900.91 \$0.00 \$101.87 \$19,019.68
21 \$19,019.68 \$900.91 \$0.00 \$107.54 \$20,028.13
22 \$20,028.13 \$900.91 \$0.00 \$113.24 \$21,042.28
23 \$21,042.28 \$900.91 \$0.00 \$118.98 \$22,062.17
24 \$22,062.17 \$900.91 \$0.00 \$124.74 \$23,087.82
25 \$23,087.82 \$900.91 \$0.00 \$130.54 \$24,119.27
26 \$24,119.27 \$900.91 \$0.00 \$136.37 \$25,156.55
27 \$25,156.55 \$900.91 \$0.00 \$142.24 \$26,199.70
28 \$26,199.70 \$900.91 \$0.00 \$148.14 \$27,248.75
29 \$27,248.75 \$900.91 \$0.00 \$154.07 \$28,303.73
30 \$28,303.73 \$900.91 \$0.00 \$160.03 \$29,364.67
31 \$29,364.67 \$900.91 \$0.00 \$166.03 \$30,431.61
32 \$30,431.61 \$900.91 \$0.00 \$172.06 \$31,504.58
33 \$31,504.58 \$900.91 \$0.00 \$178.13 \$32,583.62
34 \$32,583.62 \$900.91 \$0.00 \$184.23 \$33,668.76
35 \$33,668.76 \$900.91 \$0.00 \$190.37 \$34,760.04
36 \$34,760.04 \$900.91 \$0.00 \$196.54 \$35,857.49
37 \$35,857.49 \$900.91 \$0.00 \$202.74 \$36,961.14
38 \$36,961.14 \$900.91 \$0.00 \$208.98 \$38,071.03
39 \$38,071.03 \$900.91 \$0.00 \$215.26 \$39,187.20
40 \$39,187.20 \$900.91 \$0.00 \$221.57 \$40,309.68
41 \$40,309.68 \$900.91 \$0.00 \$227.92 \$41,438.51
42 \$41,438.51 \$900.91 \$0.00 \$234.30 \$42,573.72
43 \$42,573.72 \$900.91 \$0.00 \$240.72 \$43,715.35
44 \$43,715.35 \$900.91 \$0.00 \$247.17 \$44,863.43
45 \$44,863.43 \$900.91 \$0.00 \$253.66 \$46,018.00
46 \$46,018.00 \$900.91 \$0.00 \$260.19 \$47,179.10
47 \$47,179.10 \$900.91 \$0.00 \$266.76 \$48,346.77
48 \$48,346.77 \$900.91 \$0.00 \$273.36 \$49,521.04
49 \$49,521.04 \$900.91 \$0.00 \$280.00 \$50,701.95
50 \$50,701.95 \$900.91 \$0.00 \$286.68 \$51,889.54
51 \$51,889.54 \$900.91 \$0.00 \$293.39 \$53,083.84
52 \$53,083.84 \$900.91 \$0.00 \$300.14 \$54,284.89
53 \$54,284.89 \$900.91 \$0.00 \$306.93 \$55,492.73
54 \$55,492.73 \$900.91 \$0.00 \$313.76 \$56,707.40
55 \$56,707.40 \$900.91 \$0.00 \$320.63 \$57,928.94
56 \$57,928.94 \$900.91 \$0.00 \$327.54 \$59,157.39
57 \$59,157.39 \$900.91 \$0.00 \$334.48 \$60,392.78
58 \$60,392.78 \$900.91 \$0.00 \$341.47 \$61,635.16
59 \$61,635.16 \$900.91 \$0.00 \$348.49 \$62,884.56
60 \$62,884.56 \$900.91 \$0.00 \$355.56 \$64,141.03
61 \$64,141.03 \$900.91 \$0.00 \$362.66 \$65,404.60
62 \$65,404.60 \$900.91 \$0.00 \$369.81 \$66,675.32
63 \$66,675.32 \$900.91 \$0.00 \$376.99 \$67,953.22
64 \$67,953.22 \$900.91 \$0.00 \$384.22 \$69,238.35
65 \$69,238.35 \$900.91 \$0.00 \$391.48 \$70,530.74
66 \$70,530.74 \$900.91 \$0.00 \$398.79 \$71,830.44
67 \$71,830.44 \$900.91 \$0.00 \$406.14 \$73,137.49
68 \$73,137.49 \$900.91 \$0.00 \$413.53 \$74,451.93
69 \$74,451.93 \$900.91 \$0.00 \$420.96 \$75,773.80
70 \$75,773.80 \$900.91 \$0.00 \$428.44 \$77,103.15
71 \$77,103.15 \$900.91 \$0.00 \$435.95 \$78,440.01
72 \$78,440.01 \$900.91 \$0.00 \$443.51 \$79,784.43
73 \$79,784.43 \$900.91 \$0.00 \$451.11 \$81,136.45
74 \$81,136.45 \$900.91 \$0.00 \$458.76 \$82,496.12
75 \$82,496.12 \$900.91 \$0.00 \$466.45 \$83,863.48
76 \$83,863.48 \$900.91 \$0.00 \$474.18 \$85,238.57
77 \$85,238.57 \$900.91 \$0.00 \$481.95 \$86,621.43
78 \$86,621.43 \$900.91 \$0.00 \$489.77 \$88,012.11
79 \$88,012.11 \$900.91 \$0.00 \$497.63 \$89,410.65
80 \$89,410.65 \$900.91 \$0.00 \$505.54 \$90,817.10
81 \$90,817.10 \$900.91 \$0.00 \$513.49 \$92,231.50
82 \$92,231.50 \$900.91 \$0.00 \$521.49 \$93,653.90
83 \$93,653.90 \$900.91 \$0.00 \$529.53 \$95,084.34
84 \$95,084.34 \$900.91 \$0.00 \$537.62 \$96,522.87
85 \$96,522.87 \$900.91 \$0.00 \$545.75 \$97,969.53
86 \$97,969.53 \$900.91 \$0.00 \$553.93 \$99,424.37
87 \$99,424.37 \$900.91 \$0.00 \$562.16 \$100,887.44
88 \$100,887.44 \$900.91 \$0.00 \$570.43 \$102,358.78
89 \$102,358.78 \$900.91 \$0.00 \$578.75 \$103,838.44
90 \$103,838.44 \$900.91 \$0.00 \$587.12 \$105,326.47
91 \$105,326.47 \$900.91 \$0.00 \$595.53 \$106,822.91
92 \$106,822.91 \$900.91 \$0.00 \$603.99 \$108,327.81
93 \$108,327.81 \$900.91 \$0.00 \$612.50 \$109,841.22
94 \$109,841.22 \$900.91 \$0.00 \$621.06 \$111,363.19
95 \$111,363.19 \$900.91 \$0.00 \$629.66 \$112,893.76
96 \$112,893.76 \$900.91 \$0.00 \$638.32 \$114,432.99
97 \$114,432.99 \$900.91 \$0.00 \$647.02 \$115,980.92
98 \$115,980.92 \$900.91 \$0.00 \$655.77 \$117,537.60
99 \$117,537.60 \$900.91 \$0.00 \$664.57 \$119,103.08
100 \$119,103.08 \$900.91 \$0.00 \$673.43 \$120,677.42
101 \$120,677.42 \$900.91 \$0.00 \$682.33 \$122,260.66
102 \$122,260.66 \$900.91 \$0.00 \$691.28 \$123,852.85
103 \$123,852.85 \$900.91 \$0.00 \$700.28 \$125,454.04
104 \$125,454.04 \$900.91 \$0.00 \$709.34 \$127,064.29
105 \$127,064.29 \$900.91 \$0.00 \$718.44 \$128,683.64
106 \$128,683.64 \$900.91 \$0.00 \$727.60 \$130,312.15
107 \$130,312.15 \$900.91 \$0.00 \$736.80 \$131,949.86
108 \$131,949.86 \$900.91 \$0.00 \$746.06 \$133,596.83
109 \$133,596.83 \$900.91 \$0.00 \$755.38 \$135,253.12
110 \$135,253.12 \$900.91 \$0.00 \$764.74 \$136,918.77
111 \$136,918.77 \$900.91 \$0.00 \$774.16 \$138,593.84
112 \$138,593.84 \$900.91 \$0.00 \$783.63 \$140,278.38
113 \$140,278.38 \$900.91 \$0.00 \$793.15 \$141,972.44
114 \$141,972.44 \$900.91 \$0.00 \$802.73 \$143,676.08
115 \$143,676.08 \$900.91 \$0.00 \$812.37 \$145,389.36
116 \$145,389.36 \$900.91 \$0.00 \$822.05 \$147,112.32
117 \$147,112.32 \$900.91 \$0.00 \$831.79 \$148,845.02
118 \$148,845.02 \$900.91 \$0.00 \$841.59 \$150,587.52
119 \$150,587.52 \$900.91 \$0.00 \$851.44 \$152,339.87
120 \$152,339.87 \$900.91 \$0.00 \$861.35 \$154,102.13
121 \$154,102.13 \$900.91 \$0.00 \$871.32 \$155,874.36
122 \$155,874.36 \$900.91 \$0.00 \$881.34 \$157,656.61
123 \$157,656.61 \$900.91 \$0.00 \$891.41 \$159,448.93
124 \$159,448.93 \$900.91 \$0.00 \$901.55 \$161,251.39
125 \$161,251.39 \$900.91 \$0.00 \$911.74 \$163,064.04
126 \$163,064.04 \$900.91 \$0.00 \$921.99 \$164,886.94
127 \$164,886.94 \$900.91 \$0.00 \$932.29 \$166,720.14
128 \$166,720.14 \$900.91 \$0.00 \$942.66 \$168,563.71
129 \$168,563.71 \$900.91 \$0.00 \$953.08 \$170,417.70
130 \$170,417.70 \$900.91 \$0.00 \$963.57 \$172,282.18
131 \$172,282.18 \$900.91 \$0.00 \$974.11 \$174,157.20
132 \$174,157.20 \$900.91 \$0.00 \$984.71 \$176,042.82
133 \$176,042.82 \$900.91 \$0.00 \$995.37 \$177,939.10
134 \$177,939.10 \$900.91 \$0.00 \$1,006.09 \$179,846.10
135 \$179,846.10 \$900.91 \$0.00 \$1,016.88 \$181,763.89
136 \$181,763.89 \$900.91 \$0.00 \$1,027.72 \$183,692.52
137 \$183,692.52 \$900.91 \$0.00 \$1,038.62 \$185,632.05
138 \$185,632.05 \$900.91 \$0.00 \$1,049.59 \$187,582.55
139 \$187,582.55 \$900.91 \$0.00 \$1,060.62 \$189,544.08
140 \$189,544.08 \$900.91 \$0.00 \$1,071.71 \$191,516.70
141 \$191,516.70 \$900.91 \$0.00 \$1,082.86 \$193,500.47
142 \$193,500.47 \$900.91 \$0.00 \$1,094.08 \$195,495.46
143 \$195,495.46 \$900.91 \$0.00 \$1,105.36 \$197,501.73
144 \$197,501.73 \$900.91 \$0.00 \$1,116.70 \$199,519.34
145 \$199,519.34 \$900.91 \$0.00 \$1,128.11 \$201,548.36
146 \$201,548.36 \$900.91 \$0.00 \$1,139.58 \$203,588.85
147 \$203,588.85 \$900.91 \$0.00 \$1,151.12 \$205,640.88
148 \$205,640.88 \$900.91 \$0.00 \$1,162.72 \$207,704.51
149 \$207,704.51 \$900.91 \$0.00 \$1,174.39 \$209,779.81
150 \$209,779.81 \$900.91 \$0.00 \$1,186.13 \$211,866.85
151 \$211,866.85 \$900.91 \$0.00 \$1,197.93 \$213,965.69
152 \$213,965.69 \$900.91 \$0.00 \$1,209.79 \$216,076.39
153 \$216,076.39 \$900.91 \$0.00 \$1,221.73 \$218,199.03
154 \$218,199.03 \$900.91 \$0.00 \$1,233.73 \$220,333.67
155 \$220,333.67 \$900.91 \$0.00 \$1,245.80 \$222,480.38
156 \$222,480.38 \$900.91 \$0.00 \$1,257.94 \$224,639.23
157 \$224,639.23 \$900.91 \$0.00 \$1,270.14 \$226,810.28
158 \$226,810.28 \$900.91 \$0.00 \$1,282.42 \$228,993.61
159 \$228,993.61 \$900.91 \$0.00 \$1,294.76 \$231,189.28
160 \$231,189.28 \$900.91 \$0.00 \$1,307.18 \$233,397.37
161 \$233,397.37 \$900.91 \$0.00 \$1,319.66 \$235,617.94
162 \$235,617.94 \$900.91 \$0.00 \$1,332.22 \$237,851.07
163 \$237,851.07 \$900.91 \$0.00 \$1,344.84 \$240,096.82
164 \$240,096.82 \$900.91 \$0.00 \$1,357.54 \$242,355.27
165 \$242,355.27 \$900.91 \$0.00 \$1,370.31 \$244,626.49
166 \$244,626.49 \$900.91 \$0.00 \$1,383.15 \$246,910.55
167 \$246,910.55 \$900.91 \$0.00 \$1,396.07 \$249,207.53
168 \$249,207.53 \$900.91 \$0.00 \$1,409.06 \$251,517.50
169 \$251,517.50 \$900.91 \$0.00 \$1,422.12 \$253,840.53
170 \$253,840.53 \$900.91 \$0.00 \$1,435.25 \$256,176.69
171 \$256,176.69 \$900.91 \$0.00 \$1,448.46 \$258,526.06
172 \$258,526.06 \$900.91 \$0.00 \$1,461.74 \$260,888.71
173 \$260,888.71 \$900.91 \$0.00 \$1,475.10 \$263,264.72
174 \$263,264.72 \$900.91 \$0.00 \$1,488.54 \$265,654.17
175 \$265,654.17 \$900.91 \$0.00 \$1,502.05 \$268,057.13
176 \$268,057.13 \$900.91 \$0.00 \$1,515.63 \$270,473.67
177 \$270,473.67 \$900.91 \$0.00 \$1,529.30 \$272,903.88
178 \$272,903.88 \$900.91 \$0.00 \$1,543.04 \$275,347.83
179 \$275,347.83 \$900.91 \$0.00 \$1,556.86 \$277,805.60
180 \$277,805.60 \$900.91 \$0.00 \$1,570.75 \$280,277.26
181 \$280,277.26 \$900.91 \$0.00 \$1,584.73 \$282,762.90
182 \$282,762.90 \$900.91 \$0.00 \$1,598.78 \$285,262.59
183 \$285,262.59 \$900.91 \$0.00 \$1,612.92 \$287,776.42
184 \$287,776.42 \$900.91 \$0.00 \$1,627.13 \$290,304.46
185 \$290,304.46 \$900.91 \$0.00 \$1,641.42 \$292,846.79
186 \$292,846.79 \$900.91 \$0.00 \$1,655.80 \$295,403.50
187 \$295,403.50 \$900.91 \$0.00 \$1,670.25 \$297,974.66
188 \$297,974.66 \$900.91 \$0.00 \$1,684.79 \$300,560.36
189 \$300,560.36 \$900.91 \$0.00 \$1,699.41 \$303,160.68
190 \$303,160.68 \$900.91 \$0.00 \$1,714.11 \$305,775.70
191 \$305,775.70 \$900.91 \$0.00 \$1,728.90 \$308,405.51
192 \$308,405.51 \$900.91 \$0.00 \$1,743.77 \$311,050.19
193 \$311,050.19 \$900.91 \$0.00 \$1,758.72 \$313,709.82
194 \$313,709.82 \$900.91 \$0.00 \$1,773.76 \$316,384.49
195 \$316,384.49 \$900.91 \$0.00 \$1,788.88 \$319,074.28
196 \$319,074.28 \$900.91 \$0.00 \$1,804.09 \$321,779.28
197 \$321,779.28 \$900.91 \$0.00 \$1,819.39 \$324,499.58
198 \$324,499.58 \$900.91 \$0.00 \$1,834.77 \$327,235.26
199 \$327,235.26 \$900.91 \$0.00 \$1,850.24 \$329,986.41
200 \$329,986.41 \$900.91 \$0.00 \$1,865.79 \$332,753.11
201 \$332,753.11 \$900.91 \$0.00 \$1,881.43 \$335,535.45
202 \$335,535.45 \$900.91 \$0.00 \$1,897.17 \$338,333.53
203 \$338,333.53 \$900.91 \$0.00 \$1,912.99 \$341,147.43
204 \$341,147.43 \$900.91 \$0.00 \$1,928.90 \$343,977.24
205 \$343,977.24 \$900.91 \$0.00 \$1,944.90 \$346,823.05
206 \$346,823.05 \$900.91 \$0.00 \$1,960.99 \$349,684.95
207 \$349,684.95 \$900.91 \$0.00 \$1,977.17 \$352,563.03
208 \$352,563.03 \$900.91 \$0.00 \$1,993.44 \$355,457.38
209 \$355,457.38 \$900.91 \$0.00 \$2,009.81 \$358,368.10
210 \$358,368.10 \$900.91 \$0.00 \$2,026.27 \$361,295.28
211 \$361,295.28 \$900.91 \$0.00 \$2,042.82 \$364,239.01
212 \$364,239.01 \$900.91 \$0.00 \$2,059.46 \$367,199.38
213 \$367,199.38 \$900.91 \$0.00 \$2,076.20 \$370,176.49
214 \$370,176.49 \$900.91 \$0.00 \$2,093.03 \$373,170.43
215 \$373,170.43 \$900.91 \$0.00 \$2,109.96 \$376,181.30
216 \$376,181.30 \$900.91 \$0.00 \$2,126.98 \$379,209.19
217 \$379,209.19 \$900.91 \$105,621.70 \$2,144.10 \$276,632.50
218 \$276,632.50 \$900.91 \$0.00 \$1,564.12 \$279,097.53
219 \$279,097.53 \$900.91 \$0.00 \$1,578.06 \$281,576.50
220 \$281,576.50 \$900.91 \$0.00 \$1,592.07 \$284,069.48
221 \$284,069.48 \$900.91 \$0.00 \$1,606.17 \$286,576.56
222 \$286,576.56 \$900.91 \$0.00 \$1,620.35 \$289,097.82
223 \$289,097.82 \$900.91 \$0.00 \$1,634.60 \$291,633.33
224 \$291,633.33 \$900.91 \$0.00 \$1,648.94 \$294,183.18
225 \$294,183.18 \$900.91 \$0.00 \$1,663.35 \$296,747.44
226 \$296,747.44 \$900.91 \$0.00 \$1,677.85 \$299,326.20
227 \$299,326.20 \$900.91 \$0.00 \$1,692.43 \$301,919.54
228 \$301,919.54 \$900.91 \$0.00 \$1,707.10 \$304,527.55
229 \$304,527.55 \$900.91 \$110,902.79 \$1,721.84 \$196,247.51
230 \$196,247.51 \$900.91 \$0.00 \$1,109.61 \$198,258.03
231 \$198,258.03 \$900.91 \$0.00 \$1,120.98 \$200,279.92
232 \$200,279.92 \$900.91 \$0.00 \$1,132.41 \$202,313.24
233 \$202,313.24 \$900.91 \$0.00 \$1,143.91 \$204,358.06
234 \$204,358.06 \$900.91 \$0.00 \$1,155.47 \$206,414.44
235 \$206,414.44 \$900.91 \$0.00 \$1,167.10 \$208,482.45
236 \$208,482.45 \$900.91 \$0.00 \$1,178.79 \$210,562.15
237 \$210,562.15 \$900.91 \$0.00 \$1,190.55 \$212,653.61
238 \$212,653.61 \$900.91 \$0.00 \$1,202.37 \$214,756.89
239 \$214,756.89 \$900.91 \$0.00 \$1,214.27 \$216,872.07
240 \$216,872.07 \$900.91 \$0.00 \$1,226.23 \$218,999.21
241 \$218,999.21 \$900.91 \$116,447.93 \$1,238.25 \$104,690.44
242 \$104,690.44 \$900.91 \$0.00 \$591.93 \$106,183.28
243 \$106,183.28 \$900.91 \$0.00 \$600.38 \$107,684.57
244 \$107,684.57 \$900.91 \$0.00 \$608.86 \$109,194.34
245 \$109,194.34 \$900.91 \$0.00 \$617.40 \$110,712.65
246 \$110,712.65 \$900.91 \$0.00 \$625.99 \$112,239.55
247 \$112,239.55 \$900.91 \$0.00 \$634.62 \$113,775.08
248 \$113,775.08 \$900.91 \$0.00 \$643.30 \$115,319.29
249 \$115,319.29 \$900.91 \$0.00 \$652.03 \$116,872.23
250 \$116,872.23 \$900.91 \$0.00 \$660.81 \$118,433.95
251 \$118,433.95 \$900.91 \$0.00 \$669.64 \$120,004.50
252 \$120,004.50 \$900.91 \$0.00 \$678.52 \$121,583.93
253 \$121,583.93 \$0.00 \$122,270.33 \$687.45 \$1.05