Savings Plan and Future Cost Estimation for Washington County Community College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$33,030
Monthly savings required$147

How much will it cost to send your child to Washington County Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $66,060.49 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $146.80 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$13,390.00
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 $146.80 $0.00 $0.00 $146.80
2 $146.80 $146.80 $0.00 $0.83 $294.43
3 $294.43 $146.80 $0.00 $1.66 $442.89
4 $442.89 $146.80 $0.00 $2.50 $592.19
5 $592.19 $146.80 $0.00 $3.35 $742.34
6 $742.34 $146.80 $0.00 $4.20 $893.34
7 $893.34 $146.80 $0.00 $5.05 $1,045.19
8 $1,045.19 $146.80 $0.00 $5.91 $1,197.90
9 $1,197.90 $146.80 $0.00 $6.77 $1,351.47
10 $1,351.47 $146.80 $0.00 $7.64 $1,505.91
11 $1,505.91 $146.80 $0.00 $8.51 $1,661.22
12 $1,661.22 $146.80 $0.00 $9.39 $1,817.41
13 $1,817.41 $146.80 $0.00 $10.28 $1,974.49
14 $1,974.49 $146.80 $0.00 $11.16 $2,132.45
15 $2,132.45 $146.80 $0.00 $12.06 $2,291.31
16 $2,291.31 $146.80 $0.00 $12.96 $2,451.07
17 $2,451.07 $146.80 $0.00 $13.86 $2,611.73
18 $2,611.73 $146.80 $0.00 $14.77 $2,773.30
19 $2,773.30 $146.80 $0.00 $15.68 $2,935.78
20 $2,935.78 $146.80 $0.00 $16.60 $3,099.18
21 $3,099.18 $146.80 $0.00 $17.52 $3,263.50
22 $3,263.50 $146.80 $0.00 $18.45 $3,428.75
23 $3,428.75 $146.80 $0.00 $19.39 $3,594.94
24 $3,594.94 $146.80 $0.00 $20.33 $3,762.07
25 $3,762.07 $146.80 $0.00 $21.27 $3,930.14
26 $3,930.14 $146.80 $0.00 $22.22 $4,099.16
27 $4,099.16 $146.80 $0.00 $23.18 $4,269.14
28 $4,269.14 $146.80 $0.00 $24.14 $4,440.08
29 $4,440.08 $146.80 $0.00 $25.10 $4,611.98
30 $4,611.98 $146.80 $0.00 $26.08 $4,784.86
31 $4,784.86 $146.80 $0.00 $27.05 $4,958.71
32 $4,958.71 $146.80 $0.00 $28.04 $5,133.55
33 $5,133.55 $146.80 $0.00 $29.03 $5,309.38
34 $5,309.38 $146.80 $0.00 $30.02 $5,486.20
35 $5,486.20 $146.80 $0.00 $31.02 $5,664.02
36 $5,664.02 $146.80 $0.00 $32.03 $5,842.85
37 $5,842.85 $146.80 $0.00 $33.04 $6,022.69
38 $6,022.69 $146.80 $0.00 $34.05 $6,203.54
39 $6,203.54 $146.80 $0.00 $35.08 $6,385.42
40 $6,385.42 $146.80 $0.00 $36.10 $6,568.32
41 $6,568.32 $146.80 $0.00 $37.14 $6,752.26
42 $6,752.26 $146.80 $0.00 $38.18 $6,937.24
43 $6,937.24 $146.80 $0.00 $39.22 $7,123.26
44 $7,123.26 $146.80 $0.00 $40.28 $7,310.34
45 $7,310.34 $146.80 $0.00 $41.33 $7,498.47
46 $7,498.47 $146.80 $0.00 $42.40 $7,687.67
47 $7,687.67 $146.80 $0.00 $43.47 $7,877.94
48 $7,877.94 $146.80 $0.00 $44.54 $8,069.28
49 $8,069.28 $146.80 $0.00 $45.62 $8,261.70
50 $8,261.70 $146.80 $0.00 $46.71 $8,455.21
51 $8,455.21 $146.80 $0.00 $47.81 $8,649.82
52 $8,649.82 $146.80 $0.00 $48.91 $8,845.53
53 $8,845.53 $146.80 $0.00 $50.01 $9,042.34
54 $9,042.34 $146.80 $0.00 $51.13 $9,240.27
55 $9,240.27 $146.80 $0.00 $52.25 $9,439.32
56 $9,439.32 $146.80 $0.00 $53.37 $9,639.49
57 $9,639.49 $146.80 $0.00 $54.50 $9,840.79
58 $9,840.79 $146.80 $0.00 $55.64 $10,043.23
59 $10,043.23 $146.80 $0.00 $56.79 $10,246.82
60 $10,246.82 $146.80 $0.00 $57.94 $10,451.56
61 $10,451.56 $146.80 $0.00 $59.09 $10,657.45
62 $10,657.45 $146.80 $0.00 $60.26 $10,864.51
63 $10,864.51 $146.80 $0.00 $61.43 $11,072.74
64 $11,072.74 $146.80 $0.00 $62.61 $11,282.15
65 $11,282.15 $146.80 $0.00 $63.79 $11,492.74
66 $11,492.74 $146.80 $0.00 $64.98 $11,704.52
67 $11,704.52 $146.80 $0.00 $66.18 $11,917.50
68 $11,917.50 $146.80 $0.00 $67.38 $12,131.68
69 $12,131.68 $146.80 $0.00 $68.59 $12,347.07
70 $12,347.07 $146.80 $0.00 $69.81 $12,563.68
71 $12,563.68 $146.80 $0.00 $71.04 $12,781.52
72 $12,781.52 $146.80 $0.00 $72.27 $13,000.59
73 $13,000.59 $146.80 $0.00 $73.51 $13,220.90
74 $13,220.90 $146.80 $0.00 $74.75 $13,442.45
75 $13,442.45 $146.80 $0.00 $76.01 $13,665.26
76 $13,665.26 $146.80 $0.00 $77.27 $13,889.33
77 $13,889.33 $146.80 $0.00 $78.53 $14,114.66
78 $14,114.66 $146.80 $0.00 $79.81 $14,341.27
79 $14,341.27 $146.80 $0.00 $81.09 $14,569.16
80 $14,569.16 $146.80 $0.00 $82.38 $14,798.34
81 $14,798.34 $146.80 $0.00 $83.67 $15,028.81
82 $15,028.81 $146.80 $0.00 $84.98 $15,260.59
83 $15,260.59 $146.80 $0.00 $86.29 $15,493.68
84 $15,493.68 $146.80 $0.00 $87.60 $15,728.08
85 $15,728.08 $146.80 $0.00 $88.93 $15,963.81
86 $15,963.81 $146.80 $0.00 $90.26 $16,200.87
87 $16,200.87 $146.80 $0.00 $91.60 $16,439.27
88 $16,439.27 $146.80 $0.00 $92.95 $16,679.02
89 $16,679.02 $146.80 $0.00 $94.31 $16,920.13
90 $16,920.13 $146.80 $0.00 $95.67 $17,162.60
91 $17,162.60 $146.80 $0.00 $97.04 $17,406.44
92 $17,406.44 $146.80 $0.00 $98.42 $17,651.66
93 $17,651.66 $146.80 $0.00 $99.81 $17,898.27
94 $17,898.27 $146.80 $0.00 $101.20 $18,146.27
95 $18,146.27 $146.80 $0.00 $102.60 $18,395.67
96 $18,395.67 $146.80 $0.00 $104.01 $18,646.48
97 $18,646.48 $146.80 $0.00 $105.43 $18,898.71
98 $18,898.71 $146.80 $0.00 $106.86 $19,152.37
99 $19,152.37 $146.80 $0.00 $108.29 $19,407.46
100 $19,407.46 $146.80 $0.00 $109.73 $19,663.99
101 $19,663.99 $146.80 $0.00 $111.18 $19,921.97
102 $19,921.97 $146.80 $0.00 $112.64 $20,181.41
103 $20,181.41 $146.80 $0.00 $114.11 $20,442.32
104 $20,442.32 $146.80 $0.00 $115.58 $20,704.70
105 $20,704.70 $146.80 $0.00 $117.07 $20,968.57
106 $20,968.57 $146.80 $0.00 $118.56 $21,233.93
107 $21,233.93 $146.80 $0.00 $120.06 $21,500.79
108 $21,500.79 $146.80 $0.00 $121.57 $21,769.16
109 $21,769.16 $146.80 $0.00 $123.09 $22,039.05
110 $22,039.05 $146.80 $0.00 $124.61 $22,310.46
111 $22,310.46 $146.80 $0.00 $126.15 $22,583.41
112 $22,583.41 $146.80 $0.00 $127.69 $22,857.90
113 $22,857.90 $146.80 $0.00 $129.24 $23,133.94
114 $23,133.94 $146.80 $0.00 $130.80 $23,411.54
115 $23,411.54 $146.80 $0.00 $132.37 $23,690.71
116 $23,690.71 $146.80 $0.00 $133.95 $23,971.46
117 $23,971.46 $146.80 $0.00 $135.54 $24,253.80
118 $24,253.80 $146.80 $0.00 $137.13 $24,537.73
119 $24,537.73 $146.80 $0.00 $138.74 $24,823.27
120 $24,823.27 $146.80 $0.00 $140.35 $25,110.42
121 $25,110.42 $146.80 $0.00 $141.98 $25,399.20
122 $25,399.20 $146.80 $0.00 $143.61 $25,689.61
123 $25,689.61 $146.80 $0.00 $145.25 $25,981.66
124 $25,981.66 $146.80 $0.00 $146.90 $26,275.36
125 $26,275.36 $146.80 $0.00 $148.56 $26,570.72
126 $26,570.72 $146.80 $0.00 $150.23 $26,867.75
127 $26,867.75 $146.80 $0.00 $151.91 $27,166.46
128 $27,166.46 $146.80 $0.00 $153.60 $27,466.86
129 $27,466.86 $146.80 $0.00 $155.30 $27,768.96
130 $27,768.96 $146.80 $0.00 $157.01 $28,072.77
131 $28,072.77 $146.80 $0.00 $158.73 $28,378.30
132 $28,378.30 $146.80 $0.00 $160.46 $28,685.56
133 $28,685.56 $146.80 $0.00 $162.19 $28,994.55
134 $28,994.55 $146.80 $0.00 $163.94 $29,305.29
135 $29,305.29 $146.80 $0.00 $165.70 $29,617.79
136 $29,617.79 $146.80 $0.00 $167.46 $29,932.05
137 $29,932.05 $146.80 $0.00 $169.24 $30,248.09
138 $30,248.09 $146.80 $0.00 $171.03 $30,565.92
139 $30,565.92 $146.80 $0.00 $172.82 $30,885.54
140 $30,885.54 $146.80 $0.00 $174.63 $31,206.97
141 $31,206.97 $146.80 $0.00 $176.45 $31,530.22
142 $31,530.22 $146.80 $0.00 $178.28 $31,855.30
143 $31,855.30 $146.80 $0.00 $180.11 $32,182.21
144 $32,182.21 $146.80 $0.00 $181.96 $32,510.97
145 $32,510.97 $146.80 $0.00 $183.82 $32,841.59
146 $32,841.59 $146.80 $0.00 $185.69 $33,174.08
147 $33,174.08 $146.80 $0.00 $187.57 $33,508.45
148 $33,508.45 $146.80 $0.00 $189.46 $33,844.71
149 $33,844.71 $146.80 $0.00 $191.36 $34,182.87
150 $34,182.87 $146.80 $0.00 $193.27 $34,522.94
151 $34,522.94 $146.80 $0.00 $195.20 $34,864.94
152 $34,864.94 $146.80 $0.00 $197.13 $35,208.87
153 $35,208.87 $146.80 $0.00 $199.08 $35,554.75
154 $35,554.75 $146.80 $0.00 $201.03 $35,902.58
155 $35,902.58 $146.80 $0.00 $203.00 $36,252.38
156 $36,252.38 $146.80 $0.00 $204.98 $36,604.16
157 $36,604.16 $146.80 $0.00 $206.97 $36,957.93
158 $36,957.93 $146.80 $0.00 $208.97 $37,313.70
159 $37,313.70 $146.80 $0.00 $210.98 $37,671.48
160 $37,671.48 $146.80 $0.00 $213.00 $38,031.28
161 $38,031.28 $146.80 $0.00 $215.03 $38,393.11
162 $38,393.11 $146.80 $0.00 $217.08 $38,756.99
163 $38,756.99 $146.80 $0.00 $219.14 $39,122.93
164 $39,122.93 $146.80 $0.00 $221.21 $39,490.94
165 $39,490.94 $146.80 $0.00 $223.29 $39,861.03
166 $39,861.03 $146.80 $0.00 $225.38 $40,233.21
167 $40,233.21 $146.80 $0.00 $227.48 $40,607.49
168 $40,607.49 $146.80 $0.00 $229.60 $40,983.89
169 $40,983.89 $146.80 $0.00 $231.73 $41,362.42
170 $41,362.42 $146.80 $0.00 $233.87 $41,743.09
171 $41,743.09 $146.80 $0.00 $236.02 $42,125.91
172 $42,125.91 $146.80 $0.00 $238.19 $42,510.90
173 $42,510.90 $146.80 $0.00 $240.36 $42,898.06
174 $42,898.06 $146.80 $0.00 $242.55 $43,287.41
175 $43,287.41 $146.80 $0.00 $244.75 $43,678.96
176 $43,678.96 $146.80 $0.00 $246.97 $44,072.73
177 $44,072.73 $146.80 $0.00 $249.19 $44,468.72
178 $44,468.72 $146.80 $0.00 $251.43 $44,866.95
179 $44,866.95 $146.80 $0.00 $253.68 $45,267.43
180 $45,267.43 $146.80 $0.00 $255.95 $45,670.18
181 $45,670.18 $146.80 $0.00 $258.23 $46,075.21
182 $46,075.21 $146.80 $0.00 $260.52 $46,482.53
183 $46,482.53 $146.80 $0.00 $262.82 $46,892.15
184 $46,892.15 $146.80 $0.00 $265.14 $47,304.09
185 $47,304.09 $146.80 $0.00 $267.46 $47,718.35
186 $47,718.35 $146.80 $0.00 $269.81 $48,134.96
187 $48,134.96 $146.80 $0.00 $272.16 $48,553.92
188 $48,553.92 $146.80 $0.00 $274.53 $48,975.25
189 $48,975.25 $146.80 $0.00 $276.91 $49,398.96
190 $49,398.96 $146.80 $0.00 $279.31 $49,825.07
191 $49,825.07 $146.80 $0.00 $281.72 $50,253.59
192 $50,253.59 $146.80 $0.00 $284.14 $50,684.53
193 $50,684.53 $146.80 $0.00 $286.58 $51,117.91
194 $51,117.91 $146.80 $0.00 $289.03 $51,553.74
195 $51,553.74 $146.80 $0.00 $291.49 $51,992.03
196 $51,992.03 $146.80 $0.00 $293.97 $52,432.80
197 $52,432.80 $146.80 $0.00 $296.46 $52,876.06
198 $52,876.06 $146.80 $0.00 $298.97 $53,321.83
199 $53,321.83 $146.80 $0.00 $301.49 $53,770.12
200 $53,770.12 $146.80 $0.00 $304.02 $54,220.94
201 $54,220.94 $146.80 $0.00 $306.57 $54,674.31
202 $54,674.31 $146.80 $0.00 $309.14 $55,130.25
203 $55,130.25 $146.80 $0.00 $311.71 $55,588.76
204 $55,588.76 $146.80 $0.00 $314.31 $56,049.87
205 $56,049.87 $146.80 $0.00 $316.91 $56,513.58
206 $56,513.58 $146.80 $0.00 $319.54 $56,979.92
207 $56,979.92 $146.80 $0.00 $322.17 $57,448.89
208 $57,448.89 $146.80 $0.00 $324.82 $57,920.51
209 $57,920.51 $146.80 $0.00 $327.49 $58,394.80
210 $58,394.80 $146.80 $0.00 $330.17 $58,871.77
211 $58,871.77 $146.80 $0.00 $332.87 $59,351.44
212 $59,351.44 $146.80 $0.00 $335.58 $59,833.82
213 $59,833.82 $146.80 $0.00 $338.31 $60,318.93
214 $60,318.93 $146.80 $0.00 $341.05 $60,806.78
215 $60,806.78 $146.80 $0.00 $343.81 $61,297.39
216 $61,297.39 $146.80 $0.00 $346.58 $61,790.77
217 $61,790.77 $146.80 $32,224.63 $349.37 $30,062.31
218 $30,062.31 $146.80 $0.00 $169.98 $30,379.09
219 $30,379.09 $146.80 $0.00 $171.77 $30,697.66
220 $30,697.66 $146.80 $0.00 $173.57 $31,018.03
221 $31,018.03 $146.80 $0.00 $175.38 $31,340.21
222 $31,340.21 $146.80 $0.00 $177.20 $31,664.21
223 $31,664.21 $146.80 $0.00 $179.03 $31,990.04
224 $31,990.04 $146.80 $0.00 $180.88 $32,317.72
225 $32,317.72 $146.80 $0.00 $182.73 $32,647.25
226 $32,647.25 $146.80 $0.00 $184.59 $32,978.64
227 $32,978.64 $146.80 $0.00 $186.47 $33,311.91
228 $33,311.91 $146.80 $0.00 $188.35 $33,647.06
229 $33,647.06 $0.00 $33,835.86 $190.25 $1.45