Savings Plan and Future Cost Estimation for Lesley University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$132,694
Monthly savings required$1,050

How much will it cost to send your child to Lesley University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $530,777.70 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,050.39 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$51,170.00
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 $1,050.39 $0.00 $0.00 $1,050.39
2 $1,050.39 $1,050.39 $0.00 $5.94 $2,106.72
3 $2,106.72 $1,050.39 $0.00 $11.91 $3,169.02
4 $3,169.02 $1,050.39 $0.00 $17.92 $4,237.33
5 $4,237.33 $1,050.39 $0.00 $23.96 $5,311.68
6 $5,311.68 $1,050.39 $0.00 $30.03 $6,392.10
7 $6,392.10 $1,050.39 $0.00 $36.14 $7,478.63
8 $7,478.63 $1,050.39 $0.00 $42.29 $8,571.31
9 $8,571.31 $1,050.39 $0.00 $48.46 $9,670.16
10 $9,670.16 $1,050.39 $0.00 $54.68 $10,775.23
11 $10,775.23 $1,050.39 $0.00 $60.92 $11,886.54
12 $11,886.54 $1,050.39 $0.00 $67.21 $13,004.14
13 $13,004.14 $1,050.39 $0.00 $73.53 $14,128.06
14 $14,128.06 $1,050.39 $0.00 $79.88 $15,258.33
15 $15,258.33 $1,050.39 $0.00 $86.27 $16,394.99
16 $16,394.99 $1,050.39 $0.00 $92.70 $17,538.08
17 $17,538.08 $1,050.39 $0.00 $99.16 $18,687.63
18 $18,687.63 $1,050.39 $0.00 $105.66 $19,843.68
19 $19,843.68 $1,050.39 $0.00 $112.20 $21,006.27
20 $21,006.27 $1,050.39 $0.00 $118.77 $22,175.43
21 $22,175.43 $1,050.39 $0.00 $125.38 $23,351.20
22 $23,351.20 $1,050.39 $0.00 $132.03 $24,533.62
23 $24,533.62 $1,050.39 $0.00 $138.72 $25,722.73
24 $25,722.73 $1,050.39 $0.00 $145.44 $26,918.56
25 $26,918.56 $1,050.39 $0.00 $152.20 $28,121.15
26 $28,121.15 $1,050.39 $0.00 $159.00 $29,330.54
27 $29,330.54 $1,050.39 $0.00 $165.84 $30,546.77
28 $30,546.77 $1,050.39 $0.00 $172.72 $31,769.88
29 $31,769.88 $1,050.39 $0.00 $179.63 $32,999.90
30 $32,999.90 $1,050.39 $0.00 $186.59 $34,236.88
31 $34,236.88 $1,050.39 $0.00 $193.58 $35,480.85
32 $35,480.85 $1,050.39 $0.00 $200.61 $36,731.85
33 $36,731.85 $1,050.39 $0.00 $207.69 $37,989.93
34 $37,989.93 $1,050.39 $0.00 $214.80 $39,255.12
35 $39,255.12 $1,050.39 $0.00 $221.95 $40,527.46
36 $40,527.46 $1,050.39 $0.00 $229.15 $41,807.00
37 $41,807.00 $1,050.39 $0.00 $236.38 $43,093.77
38 $43,093.77 $1,050.39 $0.00 $243.66 $44,387.82
39 $44,387.82 $1,050.39 $0.00 $250.98 $45,689.19
40 $45,689.19 $1,050.39 $0.00 $258.33 $46,997.91
41 $46,997.91 $1,050.39 $0.00 $265.73 $48,314.03
42 $48,314.03 $1,050.39 $0.00 $273.17 $49,637.59
43 $49,637.59 $1,050.39 $0.00 $280.66 $50,968.64
44 $50,968.64 $1,050.39 $0.00 $288.18 $52,307.21
45 $52,307.21 $1,050.39 $0.00 $295.75 $53,653.35
46 $53,653.35 $1,050.39 $0.00 $303.36 $55,007.10
47 $55,007.10 $1,050.39 $0.00 $311.02 $56,368.51
48 $56,368.51 $1,050.39 $0.00 $318.72 $57,737.62
49 $57,737.62 $1,050.39 $0.00 $326.46 $59,114.47
50 $59,114.47 $1,050.39 $0.00 $334.24 $60,499.10
51 $60,499.10 $1,050.39 $0.00 $342.07 $61,891.56
52 $61,891.56 $1,050.39 $0.00 $349.94 $63,291.89
53 $63,291.89 $1,050.39 $0.00 $357.86 $64,700.14
54 $64,700.14 $1,050.39 $0.00 $365.82 $66,116.35
55 $66,116.35 $1,050.39 $0.00 $373.83 $67,540.57
56 $67,540.57 $1,050.39 $0.00 $381.88 $68,972.84
57 $68,972.84 $1,050.39 $0.00 $389.98 $70,413.21
58 $70,413.21 $1,050.39 $0.00 $398.13 $71,861.73
59 $71,861.73 $1,050.39 $0.00 $406.32 $73,318.44
60 $73,318.44 $1,050.39 $0.00 $414.55 $74,783.38
61 $74,783.38 $1,050.39 $0.00 $422.84 $76,256.61
62 $76,256.61 $1,050.39 $0.00 $431.17 $77,738.17
63 $77,738.17 $1,050.39 $0.00 $439.54 $79,228.10
64 $79,228.10 $1,050.39 $0.00 $447.97 $80,726.46
65 $80,726.46 $1,050.39 $0.00 $456.44 $82,233.29
66 $82,233.29 $1,050.39 $0.00 $464.96 $83,748.64
67 $83,748.64 $1,050.39 $0.00 $473.53 $85,272.56
68 $85,272.56 $1,050.39 $0.00 $482.14 $86,805.09
69 $86,805.09 $1,050.39 $0.00 $490.81 $88,346.29
70 $88,346.29 $1,050.39 $0.00 $499.52 $89,896.20
71 $89,896.20 $1,050.39 $0.00 $508.29 $91,454.88
72 $91,454.88 $1,050.39 $0.00 $517.10 $93,022.37
73 $93,022.37 $1,050.39 $0.00 $525.96 $94,598.72
74 $94,598.72 $1,050.39 $0.00 $534.87 $96,183.98
75 $96,183.98 $1,050.39 $0.00 $543.84 $97,778.21
76 $97,778.21 $1,050.39 $0.00 $552.85 $99,381.45
77 $99,381.45 $1,050.39 $0.00 $561.92 $100,993.76
78 $100,993.76 $1,050.39 $0.00 $571.03 $102,615.18
79 $102,615.18 $1,050.39 $0.00 $580.20 $104,245.77
80 $104,245.77 $1,050.39 $0.00 $589.42 $105,885.58
81 $105,885.58 $1,050.39 $0.00 $598.69 $107,534.66
82 $107,534.66 $1,050.39 $0.00 $608.02 $109,193.07
83 $109,193.07 $1,050.39 $0.00 $617.39 $110,860.85
84 $110,860.85 $1,050.39 $0.00 $626.82 $112,538.06
85 $112,538.06 $1,050.39 $0.00 $636.31 $114,224.76
86 $114,224.76 $1,050.39 $0.00 $645.84 $115,920.99
87 $115,920.99 $1,050.39 $0.00 $655.43 $117,626.81
88 $117,626.81 $1,050.39 $0.00 $665.08 $119,342.28
89 $119,342.28 $1,050.39 $0.00 $674.78 $121,067.45
90 $121,067.45 $1,050.39 $0.00 $684.53 $122,802.37
91 $122,802.37 $1,050.39 $0.00 $694.34 $124,547.10
92 $124,547.10 $1,050.39 $0.00 $704.21 $126,301.70
93 $126,301.70 $1,050.39 $0.00 $714.13 $128,066.22
94 $128,066.22 $1,050.39 $0.00 $724.11 $129,840.72
95 $129,840.72 $1,050.39 $0.00 $734.14 $131,625.25
96 $131,625.25 $1,050.39 $0.00 $744.23 $133,419.87
97 $133,419.87 $1,050.39 $0.00 $754.38 $135,224.64
98 $135,224.64 $1,050.39 $0.00 $764.58 $137,039.61
99 $137,039.61 $1,050.39 $0.00 $774.84 $138,864.84
100 $138,864.84 $1,050.39 $0.00 $785.16 $140,700.39
101 $140,700.39 $1,050.39 $0.00 $795.54 $142,546.32
102 $142,546.32 $1,050.39 $0.00 $805.98 $144,402.69
103 $144,402.69 $1,050.39 $0.00 $816.47 $146,269.55
104 $146,269.55 $1,050.39 $0.00 $827.03 $148,146.97
105 $148,146.97 $1,050.39 $0.00 $837.64 $150,035.00
106 $150,035.00 $1,050.39 $0.00 $848.32 $151,933.71
107 $151,933.71 $1,050.39 $0.00 $859.06 $153,843.16
108 $153,843.16 $1,050.39 $0.00 $869.85 $155,763.40
109 $155,763.40 $1,050.39 $0.00 $880.71 $157,694.50
110 $157,694.50 $1,050.39 $0.00 $891.63 $159,636.52
111 $159,636.52 $1,050.39 $0.00 $902.61 $161,589.52
112 $161,589.52 $1,050.39 $0.00 $913.65 $163,553.56
113 $163,553.56 $1,050.39 $0.00 $924.76 $165,528.71
114 $165,528.71 $1,050.39 $0.00 $935.92 $167,515.02
115 $167,515.02 $1,050.39 $0.00 $947.15 $169,512.56
116 $169,512.56 $1,050.39 $0.00 $958.45 $171,521.40
117 $171,521.40 $1,050.39 $0.00 $969.81 $173,541.60
118 $173,541.60 $1,050.39 $0.00 $981.23 $175,573.22
119 $175,573.22 $1,050.39 $0.00 $992.72 $177,616.33
120 $177,616.33 $1,050.39 $0.00 $1,004.27 $179,670.99
121 $179,670.99 $1,050.39 $0.00 $1,015.89 $181,737.27
122 $181,737.27 $1,050.39 $0.00 $1,027.57 $183,815.23
123 $183,815.23 $1,050.39 $0.00 $1,039.32 $185,904.94
124 $185,904.94 $1,050.39 $0.00 $1,051.13 $188,006.46
125 $188,006.46 $1,050.39 $0.00 $1,063.02 $190,119.87
126 $190,119.87 $1,050.39 $0.00 $1,074.97 $192,245.23
127 $192,245.23 $1,050.39 $0.00 $1,086.98 $194,382.60
128 $194,382.60 $1,050.39 $0.00 $1,099.07 $196,532.06
129 $196,532.06 $1,050.39 $0.00 $1,111.22 $198,693.67
130 $198,693.67 $1,050.39 $0.00 $1,123.44 $200,867.50
131 $200,867.50 $1,050.39 $0.00 $1,135.73 $203,053.62
132 $203,053.62 $1,050.39 $0.00 $1,148.09 $205,252.10
133 $205,252.10 $1,050.39 $0.00 $1,160.53 $207,463.02
134 $207,463.02 $1,050.39 $0.00 $1,173.03 $209,686.44
135 $209,686.44 $1,050.39 $0.00 $1,185.60 $211,922.43
136 $211,922.43 $1,050.39 $0.00 $1,198.24 $214,171.06
137 $214,171.06 $1,050.39 $0.00 $1,210.95 $216,432.40
138 $216,432.40 $1,050.39 $0.00 $1,223.74 $218,706.53
139 $218,706.53 $1,050.39 $0.00 $1,236.60 $220,993.52
140 $220,993.52 $1,050.39 $0.00 $1,249.53 $223,293.44
141 $223,293.44 $1,050.39 $0.00 $1,262.53 $225,606.36
142 $225,606.36 $1,050.39 $0.00 $1,275.61 $227,932.36
143 $227,932.36 $1,050.39 $0.00 $1,288.76 $230,271.51
144 $230,271.51 $1,050.39 $0.00 $1,301.99 $232,623.89
145 $232,623.89 $1,050.39 $0.00 $1,315.29 $234,989.57
146 $234,989.57 $1,050.39 $0.00 $1,328.67 $237,368.63
147 $237,368.63 $1,050.39 $0.00 $1,342.12 $239,761.14
148 $239,761.14 $1,050.39 $0.00 $1,355.64 $242,167.17
149 $242,167.17 $1,050.39 $0.00 $1,369.25 $244,586.81
150 $244,586.81 $1,050.39 $0.00 $1,382.93 $247,020.13
151 $247,020.13 $1,050.39 $0.00 $1,396.69 $249,467.21
152 $249,467.21 $1,050.39 $0.00 $1,410.52 $251,928.12
153 $251,928.12 $1,050.39 $0.00 $1,424.44 $254,402.95
154 $254,402.95 $1,050.39 $0.00 $1,438.43 $256,891.77
155 $256,891.77 $1,050.39 $0.00 $1,452.50 $259,394.66
156 $259,394.66 $1,050.39 $0.00 $1,466.66 $261,911.71
157 $261,911.71 $1,050.39 $0.00 $1,480.89 $264,442.99
158 $264,442.99 $1,050.39 $0.00 $1,495.20 $266,988.58
159 $266,988.58 $1,050.39 $0.00 $1,509.59 $269,548.56
160 $269,548.56 $1,050.39 $0.00 $1,524.07 $272,123.02
161 $272,123.02 $1,050.39 $0.00 $1,538.62 $274,712.03
162 $274,712.03 $1,050.39 $0.00 $1,553.26 $277,315.68
163 $277,315.68 $1,050.39 $0.00 $1,567.98 $279,934.05
164 $279,934.05 $1,050.39 $0.00 $1,582.79 $282,567.23
165 $282,567.23 $1,050.39 $0.00 $1,597.68 $285,215.30
166 $285,215.30 $1,050.39 $0.00 $1,612.65 $287,878.34
167 $287,878.34 $1,050.39 $0.00 $1,627.71 $290,556.44
168 $290,556.44 $1,050.39 $0.00 $1,642.85 $293,249.68
169 $293,249.68 $1,050.39 $0.00 $1,658.08 $295,958.15
170 $295,958.15 $1,050.39 $0.00 $1,673.39 $298,681.93
171 $298,681.93 $1,050.39 $0.00 $1,688.79 $301,421.11
172 $301,421.11 $1,050.39 $0.00 $1,704.28 $304,175.78
173 $304,175.78 $1,050.39 $0.00 $1,719.85 $306,946.02
174 $306,946.02 $1,050.39 $0.00 $1,735.52 $309,731.93
175 $309,731.93 $1,050.39 $0.00 $1,751.27 $312,533.59
176 $312,533.59 $1,050.39 $0.00 $1,767.11 $315,351.09
177 $315,351.09 $1,050.39 $0.00 $1,783.04 $318,184.52
178 $318,184.52 $1,050.39 $0.00 $1,799.06 $321,033.97
179 $321,033.97 $1,050.39 $0.00 $1,815.17 $323,899.53
180 $323,899.53 $1,050.39 $0.00 $1,831.38 $326,781.30
181 $326,781.30 $1,050.39 $0.00 $1,847.67 $329,679.36
182 $329,679.36 $1,050.39 $0.00 $1,864.06 $332,593.81
183 $332,593.81 $1,050.39 $0.00 $1,880.53 $335,524.73
184 $335,524.73 $1,050.39 $0.00 $1,897.11 $338,472.23
185 $338,472.23 $1,050.39 $0.00 $1,913.77 $341,436.39
186 $341,436.39 $1,050.39 $0.00 $1,930.53 $344,417.31
187 $344,417.31 $1,050.39 $0.00 $1,947.39 $347,415.09
188 $347,415.09 $1,050.39 $0.00 $1,964.34 $350,429.82
189 $350,429.82 $1,050.39 $0.00 $1,981.38 $353,461.59
190 $353,461.59 $1,050.39 $0.00 $1,998.52 $356,510.50
191 $356,510.50 $1,050.39 $0.00 $2,015.76 $359,576.65
192 $359,576.65 $1,050.39 $0.00 $2,033.10 $362,660.14
193 $362,660.14 $1,050.39 $0.00 $2,050.53 $365,761.06
194 $365,761.06 $1,050.39 $0.00 $2,068.07 $368,879.52
195 $368,879.52 $1,050.39 $0.00 $2,085.70 $372,015.61
196 $372,015.61 $1,050.39 $0.00 $2,103.43 $375,169.43
197 $375,169.43 $1,050.39 $0.00 $2,121.26 $378,341.08
198 $378,341.08 $1,050.39 $0.00 $2,139.20 $381,530.67
199 $381,530.67 $1,050.39 $0.00 $2,157.23 $384,738.29
200 $384,738.29 $1,050.39 $0.00 $2,175.37 $387,964.05
201 $387,964.05 $1,050.39 $0.00 $2,193.61 $391,208.05
202 $391,208.05 $1,050.39 $0.00 $2,211.95 $394,470.39
203 $394,470.39 $1,050.39 $0.00 $2,230.39 $397,751.17
204 $397,751.17 $1,050.39 $0.00 $2,248.94 $401,050.50
205 $401,050.50 $1,050.39 $0.00 $2,267.60 $404,368.49
206 $404,368.49 $1,050.39 $0.00 $2,286.36 $407,705.24
207 $407,705.24 $1,050.39 $0.00 $2,305.22 $411,060.85
208 $411,060.85 $1,050.39 $0.00 $2,324.20 $414,435.44
209 $414,435.44 $1,050.39 $0.00 $2,343.28 $417,829.11
210 $417,829.11 $1,050.39 $0.00 $2,362.47 $421,241.97
211 $421,241.97 $1,050.39 $0.00 $2,381.76 $424,674.12
212 $424,674.12 $1,050.39 $0.00 $2,401.17 $428,125.68
213 $428,125.68 $1,050.39 $0.00 $2,420.68 $431,596.75
214 $431,596.75 $1,050.39 $0.00 $2,440.31 $435,087.45
215 $435,087.45 $1,050.39 $0.00 $2,460.05 $438,597.89
216 $438,597.89 $1,050.39 $0.00 $2,479.90 $442,128.18
217 $442,128.18 $1,050.39 $123,146.71 $2,499.86 $322,531.72
218 $322,531.72 $1,050.39 $0.00 $1,823.64 $325,405.75
219 $325,405.75 $1,050.39 $0.00 $1,839.89 $328,296.03
220 $328,296.03 $1,050.39 $0.00 $1,856.23 $331,202.65
221 $331,202.65 $1,050.39 $0.00 $1,872.67 $334,125.71
222 $334,125.71 $1,050.39 $0.00 $1,889.20 $337,065.30
223 $337,065.30 $1,050.39 $0.00 $1,905.82 $340,021.51
224 $340,021.51 $1,050.39 $0.00 $1,922.53 $342,994.43
225 $342,994.43 $1,050.39 $0.00 $1,939.34 $345,984.16
226 $345,984.16 $1,050.39 $0.00 $1,956.24 $348,990.79
227 $348,990.79 $1,050.39 $0.00 $1,973.24 $352,014.42
228 $352,014.42 $1,050.39 $0.00 $1,990.34 $355,055.15
229 $355,055.15 $1,050.39 $129,304.04 $2,007.53 $228,809.03
230 $228,809.03 $1,050.39 $0.00 $1,293.72 $231,153.14
231 $231,153.14 $1,050.39 $0.00 $1,306.97 $233,510.50
232 $233,510.50 $1,050.39 $0.00 $1,320.30 $235,881.19
233 $235,881.19 $1,050.39 $0.00 $1,333.71 $238,265.29
234 $238,265.29 $1,050.39 $0.00 $1,347.19 $240,662.87
235 $240,662.87 $1,050.39 $0.00 $1,360.74 $243,074.00
236 $243,074.00 $1,050.39 $0.00 $1,374.38 $245,498.77
237 $245,498.77 $1,050.39 $0.00 $1,388.09 $247,937.25
238 $247,937.25 $1,050.39 $0.00 $1,401.87 $250,389.51
239 $250,389.51 $1,050.39 $0.00 $1,415.74 $252,855.64
240 $252,855.64 $1,050.39 $0.00 $1,429.68 $255,335.71
241 $255,335.71 $1,050.39 $135,769.24 $1,443.71 $122,060.57
242 $122,060.57 $1,050.39 $0.00 $690.15 $123,801.11
243 $123,801.11 $1,050.39 $0.00 $699.99 $125,551.49
244 $125,551.49 $1,050.39 $0.00 $709.89 $127,311.77
245 $127,311.77 $1,050.39 $0.00 $719.84 $129,082.00
246 $129,082.00 $1,050.39 $0.00 $729.85 $130,862.24
247 $130,862.24 $1,050.39 $0.00 $739.91 $132,652.54
248 $132,652.54 $1,050.39 $0.00 $750.04 $134,452.97
249 $134,452.97 $1,050.39 $0.00 $760.22 $136,263.58
250 $136,263.58 $1,050.39 $0.00 $770.45 $138,084.42
251 $138,084.42 $1,050.39 $0.00 $780.75 $139,915.56
252 $139,915.56 $1,050.39 $0.00 $791.10 $141,757.05
253 $141,757.05 $0.00 $142,557.71 $801.51 $0.85