Savings Plan and Future Cost Estimation for Amherst College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$199,029
Monthly savings required$1,575

How much will it cost to send your child to Amherst College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $796,114.68 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,575.47 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$76,750.00
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 $1,575.47 $0.00 $0.00 $1,575.47
2 $1,575.47 $1,575.47 $0.00 $8.91 $3,159.85
3 $3,159.85 $1,575.47 $0.00 $17.87 $4,753.19
4 $4,753.19 $1,575.47 $0.00 $26.88 $6,355.54
5 $6,355.54 $1,575.47 $0.00 $35.94 $7,966.95
6 $7,966.95 $1,575.47 $0.00 $45.05 $9,587.47
7 $9,587.47 $1,575.47 $0.00 $54.21 $11,217.15
8 $11,217.15 $1,575.47 $0.00 $63.42 $12,856.04
9 $12,856.04 $1,575.47 $0.00 $72.69 $14,504.20
10 $14,504.20 $1,575.47 $0.00 $82.01 $16,161.68
11 $16,161.68 $1,575.47 $0.00 $91.38 $17,828.53
12 $17,828.53 $1,575.47 $0.00 $100.81 $19,504.81
13 $19,504.81 $1,575.47 $0.00 $110.28 $21,190.56
14 $21,190.56 $1,575.47 $0.00 $119.81 $22,885.84
15 $22,885.84 $1,575.47 $0.00 $129.40 $24,590.71
16 $24,590.71 $1,575.47 $0.00 $139.04 $26,305.22
17 $26,305.22 $1,575.47 $0.00 $148.73 $28,029.42
18 $28,029.42 $1,575.47 $0.00 $158.48 $29,763.37
19 $29,763.37 $1,575.47 $0.00 $168.29 $31,507.13
20 $31,507.13 $1,575.47 $0.00 $178.15 $33,260.75
21 $33,260.75 $1,575.47 $0.00 $188.06 $35,024.28
22 $35,024.28 $1,575.47 $0.00 $198.03 $36,797.78
23 $36,797.78 $1,575.47 $0.00 $208.06 $38,581.31
24 $38,581.31 $1,575.47 $0.00 $218.14 $40,374.92
25 $40,374.92 $1,575.47 $0.00 $228.29 $42,178.68
26 $42,178.68 $1,575.47 $0.00 $238.48 $43,992.63
27 $43,992.63 $1,575.47 $0.00 $248.74 $45,816.84
28 $45,816.84 $1,575.47 $0.00 $259.06 $47,651.37
29 $47,651.37 $1,575.47 $0.00 $269.43 $49,496.27
30 $49,496.27 $1,575.47 $0.00 $279.86 $51,351.60
31 $51,351.60 $1,575.47 $0.00 $290.35 $53,217.42
32 $53,217.42 $1,575.47 $0.00 $300.90 $55,093.79
33 $55,093.79 $1,575.47 $0.00 $311.51 $56,980.77
34 $56,980.77 $1,575.47 $0.00 $322.18 $58,878.42
35 $58,878.42 $1,575.47 $0.00 $332.91 $60,786.80
36 $60,786.80 $1,575.47 $0.00 $343.70 $62,705.97
37 $62,705.97 $1,575.47 $0.00 $354.55 $64,635.99
38 $64,635.99 $1,575.47 $0.00 $365.46 $66,576.92
39 $66,576.92 $1,575.47 $0.00 $376.44 $68,528.83
40 $68,528.83 $1,575.47 $0.00 $387.47 $70,491.77
41 $70,491.77 $1,575.47 $0.00 $398.57 $72,465.81
42 $72,465.81 $1,575.47 $0.00 $409.73 $74,451.01
43 $74,451.01 $1,575.47 $0.00 $420.96 $76,447.44
44 $76,447.44 $1,575.47 $0.00 $432.24 $78,455.15
45 $78,455.15 $1,575.47 $0.00 $443.60 $80,474.22
46 $80,474.22 $1,575.47 $0.00 $455.01 $82,504.70
47 $82,504.70 $1,575.47 $0.00 $466.49 $84,546.66
48 $84,546.66 $1,575.47 $0.00 $478.04 $86,600.17
49 $86,600.17 $1,575.47 $0.00 $489.65 $88,665.29
50 $88,665.29 $1,575.47 $0.00 $501.33 $90,742.09
51 $90,742.09 $1,575.47 $0.00 $513.07 $92,830.63
52 $92,830.63 $1,575.47 $0.00 $524.88 $94,930.98
53 $94,930.98 $1,575.47 $0.00 $536.75 $97,043.20
54 $97,043.20 $1,575.47 $0.00 $548.70 $99,167.37
55 $99,167.37 $1,575.47 $0.00 $560.71 $101,303.55
56 $101,303.55 $1,575.47 $0.00 $572.78 $103,451.80
57 $103,451.80 $1,575.47 $0.00 $584.93 $105,612.20
58 $105,612.20 $1,575.47 $0.00 $597.15 $107,784.82
59 $107,784.82 $1,575.47 $0.00 $609.43 $109,969.72
60 $109,969.72 $1,575.47 $0.00 $621.78 $112,166.97
61 $112,166.97 $1,575.47 $0.00 $634.21 $114,376.65
62 $114,376.65 $1,575.47 $0.00 $646.70 $116,598.82
63 $116,598.82 $1,575.47 $0.00 $659.27 $118,833.56
64 $118,833.56 $1,575.47 $0.00 $671.90 $121,080.93
65 $121,080.93 $1,575.47 $0.00 $684.61 $123,341.01
66 $123,341.01 $1,575.47 $0.00 $697.39 $125,613.87
67 $125,613.87 $1,575.47 $0.00 $710.24 $127,899.58
68 $127,899.58 $1,575.47 $0.00 $723.16 $130,198.21
69 $130,198.21 $1,575.47 $0.00 $736.16 $132,509.84
70 $132,509.84 $1,575.47 $0.00 $749.23 $134,834.54
71 $134,834.54 $1,575.47 $0.00 $762.37 $137,172.38
72 $137,172.38 $1,575.47 $0.00 $775.59 $139,523.44
73 $139,523.44 $1,575.47 $0.00 $788.89 $141,887.80
74 $141,887.80 $1,575.47 $0.00 $802.25 $144,265.52
75 $144,265.52 $1,575.47 $0.00 $815.70 $146,656.69
76 $146,656.69 $1,575.47 $0.00 $829.22 $149,061.38
77 $149,061.38 $1,575.47 $0.00 $842.81 $151,479.66
78 $151,479.66 $1,575.47 $0.00 $856.49 $153,911.62
79 $153,911.62 $1,575.47 $0.00 $870.24 $156,357.33
80 $156,357.33 $1,575.47 $0.00 $884.07 $158,816.87
81 $158,816.87 $1,575.47 $0.00 $897.97 $161,290.31
82 $161,290.31 $1,575.47 $0.00 $911.96 $163,777.74
83 $163,777.74 $1,575.47 $0.00 $926.02 $166,279.23
84 $166,279.23 $1,575.47 $0.00 $940.17 $168,794.87
85 $168,794.87 $1,575.47 $0.00 $954.39 $171,324.73
86 $171,324.73 $1,575.47 $0.00 $968.69 $173,868.89
87 $173,868.89 $1,575.47 $0.00 $983.08 $176,427.44
88 $176,427.44 $1,575.47 $0.00 $997.55 $179,000.46
89 $179,000.46 $1,575.47 $0.00 $1,012.09 $181,588.02
90 $181,588.02 $1,575.47 $0.00 $1,026.73 $184,190.22
91 $184,190.22 $1,575.47 $0.00 $1,041.44 $186,807.13
92 $186,807.13 $1,575.47 $0.00 $1,056.23 $189,438.83
93 $189,438.83 $1,575.47 $0.00 $1,071.11 $192,085.41
94 $192,085.41 $1,575.47 $0.00 $1,086.08 $194,746.96
95 $194,746.96 $1,575.47 $0.00 $1,101.13 $197,423.56
96 $197,423.56 $1,575.47 $0.00 $1,116.26 $200,115.29
97 $200,115.29 $1,575.47 $0.00 $1,131.48 $202,822.24
98 $202,822.24 $1,575.47 $0.00 $1,146.79 $205,544.50
99 $205,544.50 $1,575.47 $0.00 $1,162.18 $208,282.15
100 $208,282.15 $1,575.47 $0.00 $1,177.66 $211,035.28
101 $211,035.28 $1,575.47 $0.00 $1,193.22 $213,803.97
102 $213,803.97 $1,575.47 $0.00 $1,208.88 $216,588.32
103 $216,588.32 $1,575.47 $0.00 $1,224.62 $219,388.41
104 $219,388.41 $1,575.47 $0.00 $1,240.45 $222,204.33
105 $222,204.33 $1,575.47 $0.00 $1,256.38 $225,036.18
106 $225,036.18 $1,575.47 $0.00 $1,272.39 $227,884.04
107 $227,884.04 $1,575.47 $0.00 $1,288.49 $230,748.00
108 $230,748.00 $1,575.47 $0.00 $1,304.68 $233,628.15
109 $233,628.15 $1,575.47 $0.00 $1,320.97 $236,524.59
110 $236,524.59 $1,575.47 $0.00 $1,337.34 $239,437.40
111 $239,437.40 $1,575.47 $0.00 $1,353.81 $242,366.68
112 $242,366.68 $1,575.47 $0.00 $1,370.38 $245,312.53
113 $245,312.53 $1,575.47 $0.00 $1,387.03 $248,275.03
114 $248,275.03 $1,575.47 $0.00 $1,403.78 $251,254.28
115 $251,254.28 $1,575.47 $0.00 $1,420.63 $254,250.38
116 $254,250.38 $1,575.47 $0.00 $1,437.57 $257,263.42
117 $257,263.42 $1,575.47 $0.00 $1,454.60 $260,293.49
118 $260,293.49 $1,575.47 $0.00 $1,471.74 $263,340.70
119 $263,340.70 $1,575.47 $0.00 $1,488.97 $266,405.14
120 $266,405.14 $1,575.47 $0.00 $1,506.29 $269,486.90
121 $269,486.90 $1,575.47 $0.00 $1,523.72 $272,586.09
122 $272,586.09 $1,575.47 $0.00 $1,541.24 $275,702.80
123 $275,702.80 $1,575.47 $0.00 $1,558.86 $278,837.13
124 $278,837.13 $1,575.47 $0.00 $1,576.59 $281,989.19
125 $281,989.19 $1,575.47 $0.00 $1,594.41 $285,159.07
126 $285,159.07 $1,575.47 $0.00 $1,612.33 $288,346.87
127 $288,346.87 $1,575.47 $0.00 $1,630.36 $291,552.70
128 $291,552.70 $1,575.47 $0.00 $1,648.48 $294,776.65
129 $294,776.65 $1,575.47 $0.00 $1,666.71 $298,018.83
130 $298,018.83 $1,575.47 $0.00 $1,685.04 $301,279.34
131 $301,279.34 $1,575.47 $0.00 $1,703.48 $304,558.29
132 $304,558.29 $1,575.47 $0.00 $1,722.02 $307,855.78
133 $307,855.78 $1,575.47 $0.00 $1,740.66 $311,171.91
134 $311,171.91 $1,575.47 $0.00 $1,759.41 $314,506.79
135 $314,506.79 $1,575.47 $0.00 $1,778.27 $317,860.53
136 $317,860.53 $1,575.47 $0.00 $1,797.23 $321,233.23
137 $321,233.23 $1,575.47 $0.00 $1,816.30 $324,625.00
138 $324,625.00 $1,575.47 $0.00 $1,835.48 $328,035.95
139 $328,035.95 $1,575.47 $0.00 $1,854.76 $331,466.18
140 $331,466.18 $1,575.47 $0.00 $1,874.16 $334,915.81
141 $334,915.81 $1,575.47 $0.00 $1,893.66 $338,384.94
142 $338,384.94 $1,575.47 $0.00 $1,913.28 $341,873.69
143 $341,873.69 $1,575.47 $0.00 $1,933.00 $345,382.16
144 $345,382.16 $1,575.47 $0.00 $1,952.84 $348,910.47
145 $348,910.47 $1,575.47 $0.00 $1,972.79 $352,458.73
146 $352,458.73 $1,575.47 $0.00 $1,992.85 $356,027.05
147 $356,027.05 $1,575.47 $0.00 $2,013.03 $359,615.55
148 $359,615.55 $1,575.47 $0.00 $2,033.32 $363,224.34
149 $363,224.34 $1,575.47 $0.00 $2,053.72 $366,853.53
150 $366,853.53 $1,575.47 $0.00 $2,074.24 $370,503.24
151 $370,503.24 $1,575.47 $0.00 $2,094.88 $374,173.59
152 $374,173.59 $1,575.47 $0.00 $2,115.63 $377,864.69
153 $377,864.69 $1,575.47 $0.00 $2,136.50 $381,576.66
154 $381,576.66 $1,575.47 $0.00 $2,157.49 $385,309.62
155 $385,309.62 $1,575.47 $0.00 $2,178.60 $389,063.69
156 $389,063.69 $1,575.47 $0.00 $2,199.82 $392,838.98
157 $392,838.98 $1,575.47 $0.00 $2,221.17 $396,635.62
158 $396,635.62 $1,575.47 $0.00 $2,242.64 $400,453.73
159 $400,453.73 $1,575.47 $0.00 $2,264.22 $404,293.42
160 $404,293.42 $1,575.47 $0.00 $2,285.93 $408,154.82
161 $408,154.82 $1,575.47 $0.00 $2,307.77 $412,038.06
162 $412,038.06 $1,575.47 $0.00 $2,329.72 $415,943.25
163 $415,943.25 $1,575.47 $0.00 $2,351.80 $419,870.52
164 $419,870.52 $1,575.47 $0.00 $2,374.01 $423,820.00
165 $423,820.00 $1,575.47 $0.00 $2,396.34 $427,791.81
166 $427,791.81 $1,575.47 $0.00 $2,418.80 $431,786.08
167 $431,786.08 $1,575.47 $0.00 $2,441.38 $435,802.93
168 $435,802.93 $1,575.47 $0.00 $2,464.09 $439,842.49
169 $439,842.49 $1,575.47 $0.00 $2,486.93 $443,904.89
170 $443,904.89 $1,575.47 $0.00 $2,509.90 $447,990.26
171 $447,990.26 $1,575.47 $0.00 $2,533.00 $452,098.73
172 $452,098.73 $1,575.47 $0.00 $2,556.23 $456,230.43
173 $456,230.43 $1,575.47 $0.00 $2,579.59 $460,385.49
174 $460,385.49 $1,575.47 $0.00 $2,603.09 $464,564.05
175 $464,564.05 $1,575.47 $0.00 $2,626.71 $468,766.23
176 $468,766.23 $1,575.47 $0.00 $2,650.47 $472,992.17
177 $472,992.17 $1,575.47 $0.00 $2,674.37 $477,242.01
178 $477,242.01 $1,575.47 $0.00 $2,698.40 $481,515.88
179 $481,515.88 $1,575.47 $0.00 $2,722.56 $485,813.91
180 $485,813.91 $1,575.47 $0.00 $2,746.86 $490,136.24
181 $490,136.24 $1,575.47 $0.00 $2,771.30 $494,483.01
182 $494,483.01 $1,575.47 $0.00 $2,795.88 $498,854.36
183 $498,854.36 $1,575.47 $0.00 $2,820.60 $503,250.43
184 $503,250.43 $1,575.47 $0.00 $2,845.45 $507,671.35
185 $507,671.35 $1,575.47 $0.00 $2,870.45 $512,117.27
186 $512,117.27 $1,575.47 $0.00 $2,895.59 $516,588.33
187 $516,588.33 $1,575.47 $0.00 $2,920.87 $521,084.67
188 $521,084.67 $1,575.47 $0.00 $2,946.29 $525,606.43
189 $525,606.43 $1,575.47 $0.00 $2,971.86 $530,153.76
190 $530,153.76 $1,575.47 $0.00 $2,997.57 $534,726.80
191 $534,726.80 $1,575.47 $0.00 $3,023.42 $539,325.69
192 $539,325.69 $1,575.47 $0.00 $3,049.43 $543,950.59
193 $543,950.59 $1,575.47 $0.00 $3,075.58 $548,601.64
194 $548,601.64 $1,575.47 $0.00 $3,101.87 $553,278.98
195 $553,278.98 $1,575.47 $0.00 $3,128.32 $557,982.77
196 $557,982.77 $1,575.47 $0.00 $3,154.92 $562,713.16
197 $562,713.16 $1,575.47 $0.00 $3,181.66 $567,470.29
198 $567,470.29 $1,575.47 $0.00 $3,208.56 $572,254.32
199 $572,254.32 $1,575.47 $0.00 $3,235.61 $577,065.40
200 $577,065.40 $1,575.47 $0.00 $3,262.81 $581,903.68
201 $581,903.68 $1,575.47 $0.00 $3,290.17 $586,769.32
202 $586,769.32 $1,575.47 $0.00 $3,317.68 $591,662.47
203 $591,662.47 $1,575.47 $0.00 $3,345.35 $596,583.29
204 $596,583.29 $1,575.47 $0.00 $3,373.17 $601,531.93
205 $601,531.93 $1,575.47 $0.00 $3,401.15 $606,508.55
206 $606,508.55 $1,575.47 $0.00 $3,429.29 $611,513.31
207 $611,513.31 $1,575.47 $0.00 $3,457.59 $616,546.37
208 $616,546.37 $1,575.47 $0.00 $3,486.04 $621,607.88
209 $621,607.88 $1,575.47 $0.00 $3,514.66 $626,698.01
210 $626,698.01 $1,575.47 $0.00 $3,543.44 $631,816.92
211 $631,816.92 $1,575.47 $0.00 $3,572.38 $636,964.77
212 $636,964.77 $1,575.47 $0.00 $3,601.49 $642,141.73
213 $642,141.73 $1,575.47 $0.00 $3,630.76 $647,347.96
214 $647,347.96 $1,575.47 $0.00 $3,660.20 $652,583.63
215 $652,583.63 $1,575.47 $0.00 $3,689.80 $657,848.90
216 $657,848.90 $1,575.47 $0.00 $3,719.57 $663,143.94
217 $663,143.94 $1,575.47 $184,708.03 $3,749.51 $483,760.89
218 $483,760.89 $1,575.47 $0.00 $2,735.25 $488,071.61
219 $488,071.61 $1,575.47 $0.00 $2,759.63 $492,406.71
220 $492,406.71 $1,575.47 $0.00 $2,784.14 $496,766.32
221 $496,766.32 $1,575.47 $0.00 $2,808.79 $501,150.58
222 $501,150.58 $1,575.47 $0.00 $2,833.58 $505,559.63
223 $505,559.63 $1,575.47 $0.00 $2,858.51 $509,993.61
224 $509,993.61 $1,575.47 $0.00 $2,883.58 $514,452.66
225 $514,452.66 $1,575.47 $0.00 $2,908.79 $518,936.92
226 $518,936.92 $1,575.47 $0.00 $2,934.14 $523,446.53
227 $523,446.53 $1,575.47 $0.00 $2,959.64 $527,981.64
228 $527,981.64 $1,575.47 $0.00 $2,985.28 $532,542.39
229 $532,542.39 $1,575.47 $193,943.43 $3,011.07 $343,185.50
230 $343,185.50 $1,575.47 $0.00 $1,940.42 $346,701.39
231 $346,701.39 $1,575.47 $0.00 $1,960.30 $350,237.16
232 $350,237.16 $1,575.47 $0.00 $1,980.29 $353,792.92
233 $353,792.92 $1,575.47 $0.00 $2,000.40 $357,368.79
234 $357,368.79 $1,575.47 $0.00 $2,020.62 $360,964.88
235 $360,964.88 $1,575.47 $0.00 $2,040.95 $364,581.30
236 $364,581.30 $1,575.47 $0.00 $2,061.40 $368,218.17
237 $368,218.17 $1,575.47 $0.00 $2,081.96 $371,875.60
238 $371,875.60 $1,575.47 $0.00 $2,102.64 $375,553.71
239 $375,553.71 $1,575.47 $0.00 $2,123.44 $379,252.62
240 $379,252.62 $1,575.47 $0.00 $2,144.35 $382,972.44
241 $382,972.44 $1,575.47 $203,640.60 $2,165.38 $183,072.69
242 $183,072.69 $1,575.47 $0.00 $1,035.12 $185,683.28
243 $185,683.28 $1,575.47 $0.00 $1,049.88 $188,308.63
244 $188,308.63 $1,575.47 $0.00 $1,064.72 $190,948.82
245 $190,948.82 $1,575.47 $0.00 $1,079.65 $193,603.94
246 $193,603.94 $1,575.47 $0.00 $1,094.66 $196,274.07
247 $196,274.07 $1,575.47 $0.00 $1,109.76 $198,959.30
248 $198,959.30 $1,575.47 $0.00 $1,124.94 $201,659.71
249 $201,659.71 $1,575.47 $0.00 $1,140.21 $204,375.39
250 $204,375.39 $1,575.47 $0.00 $1,155.57 $207,106.43
251 $207,106.43 $1,575.47 $0.00 $1,171.01 $209,852.91
252 $209,852.91 $1,575.47 $0.00 $1,186.54 $212,614.92
253 $212,614.92 $0.00 $213,822.63 $1,202.16 ($5.55)