Savings Plan and Future Cost Estimation for Mississippi University for Women

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$54,167
Monthly savings required$429

How much will it cost to send your child to Mississippi University for Women in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $216,667.67 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $428.78 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$20,888.00
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 $428.78 $0.00 $0.00 $428.78
2 $428.78 $428.78 $0.00 $2.42 $859.98
3 $859.98 $428.78 $0.00 $4.86 $1,293.62
4 $1,293.62 $428.78 $0.00 $7.31 $1,729.71
5 $1,729.71 $428.78 $0.00 $9.78 $2,168.27
6 $2,168.27 $428.78 $0.00 $12.26 $2,609.31
7 $2,609.31 $428.78 $0.00 $14.75 $3,052.84
8 $3,052.84 $428.78 $0.00 $17.26 $3,498.88
9 $3,498.88 $428.78 $0.00 $19.78 $3,947.44
10 $3,947.44 $428.78 $0.00 $22.32 $4,398.54
11 $4,398.54 $428.78 $0.00 $24.87 $4,852.19
12 $4,852.19 $428.78 $0.00 $27.43 $5,308.40
13 $5,308.40 $428.78 $0.00 $30.01 $5,767.19
14 $5,767.19 $428.78 $0.00 $32.61 $6,228.58
15 $6,228.58 $428.78 $0.00 $35.22 $6,692.58
16 $6,692.58 $428.78 $0.00 $37.84 $7,159.20
17 $7,159.20 $428.78 $0.00 $40.48 $7,628.46
18 $7,628.46 $428.78 $0.00 $43.13 $8,100.37
19 $8,100.37 $428.78 $0.00 $45.80 $8,574.95
20 $8,574.95 $428.78 $0.00 $48.48 $9,052.21
21 $9,052.21 $428.78 $0.00 $51.18 $9,532.17
22 $9,532.17 $428.78 $0.00 $53.90 $10,014.85
23 $10,014.85 $428.78 $0.00 $56.63 $10,500.26
24 $10,500.26 $428.78 $0.00 $59.37 $10,988.41
25 $10,988.41 $428.78 $0.00 $62.13 $11,479.32
26 $11,479.32 $428.78 $0.00 $64.91 $11,973.01
27 $11,973.01 $428.78 $0.00 $67.70 $12,469.49
28 $12,469.49 $428.78 $0.00 $70.50 $12,968.77
29 $12,968.77 $428.78 $0.00 $73.33 $13,470.88
30 $13,470.88 $428.78 $0.00 $76.17 $13,975.83
31 $13,975.83 $428.78 $0.00 $79.02 $14,483.63
32 $14,483.63 $428.78 $0.00 $81.89 $14,994.30
33 $14,994.30 $428.78 $0.00 $84.78 $15,507.86
34 $15,507.86 $428.78 $0.00 $87.68 $16,024.32
35 $16,024.32 $428.78 $0.00 $90.60 $16,543.70
36 $16,543.70 $428.78 $0.00 $93.54 $17,066.02
37 $17,066.02 $428.78 $0.00 $96.49 $17,591.29
38 $17,591.29 $428.78 $0.00 $99.46 $18,119.53
39 $18,119.53 $428.78 $0.00 $102.45 $18,650.76
40 $18,650.76 $428.78 $0.00 $105.45 $19,184.99
41 $19,184.99 $428.78 $0.00 $108.47 $19,722.24
42 $19,722.24 $428.78 $0.00 $111.51 $20,262.53
43 $20,262.53 $428.78 $0.00 $114.57 $20,805.88
44 $20,805.88 $428.78 $0.00 $117.64 $21,352.30
45 $21,352.30 $428.78 $0.00 $120.73 $21,901.81
46 $21,901.81 $428.78 $0.00 $123.84 $22,454.43
47 $22,454.43 $428.78 $0.00 $126.96 $23,010.17
48 $23,010.17 $428.78 $0.00 $130.10 $23,569.05
49 $23,569.05 $428.78 $0.00 $133.26 $24,131.09
50 $24,131.09 $428.78 $0.00 $136.44 $24,696.31
51 $24,696.31 $428.78 $0.00 $139.64 $25,264.73
52 $25,264.73 $428.78 $0.00 $142.85 $25,836.36
53 $25,836.36 $428.78 $0.00 $146.08 $26,411.22
54 $26,411.22 $428.78 $0.00 $149.33 $26,989.33
55 $26,989.33 $428.78 $0.00 $152.60 $27,570.71
56 $27,570.71 $428.78 $0.00 $155.89 $28,155.38
57 $28,155.38 $428.78 $0.00 $159.19 $28,743.35
58 $28,743.35 $428.78 $0.00 $162.52 $29,334.65
59 $29,334.65 $428.78 $0.00 $165.86 $29,929.29
60 $29,929.29 $428.78 $0.00 $169.22 $30,527.29
61 $30,527.29 $428.78 $0.00 $172.61 $31,128.68
62 $31,128.68 $428.78 $0.00 $176.01 $31,733.47
63 $31,733.47 $428.78 $0.00 $179.43 $32,341.68
64 $32,341.68 $428.78 $0.00 $182.86 $32,953.32
65 $32,953.32 $428.78 $0.00 $186.32 $33,568.42
66 $33,568.42 $428.78 $0.00 $189.80 $34,187.00
67 $34,187.00 $428.78 $0.00 $193.30 $34,809.08
68 $34,809.08 $428.78 $0.00 $196.82 $35,434.68
69 $35,434.68 $428.78 $0.00 $200.35 $36,063.81
70 $36,063.81 $428.78 $0.00 $203.91 $36,696.50
71 $36,696.50 $428.78 $0.00 $207.49 $37,332.77
72 $37,332.77 $428.78 $0.00 $211.08 $37,972.63
73 $37,972.63 $428.78 $0.00 $214.70 $38,616.11
74 $38,616.11 $428.78 $0.00 $218.34 $39,263.23
75 $39,263.23 $428.78 $0.00 $222.00 $39,914.01
76 $39,914.01 $428.78 $0.00 $225.68 $40,568.47
77 $40,568.47 $428.78 $0.00 $229.38 $41,226.63
78 $41,226.63 $428.78 $0.00 $233.10 $41,888.51
79 $41,888.51 $428.78 $0.00 $236.84 $42,554.13
80 $42,554.13 $428.78 $0.00 $240.61 $43,223.52
81 $43,223.52 $428.78 $0.00 $244.39 $43,896.69
82 $43,896.69 $428.78 $0.00 $248.20 $44,573.67
83 $44,573.67 $428.78 $0.00 $252.03 $45,254.48
84 $45,254.48 $428.78 $0.00 $255.88 $45,939.14
85 $45,939.14 $428.78 $0.00 $259.75 $46,627.67
86 $46,627.67 $428.78 $0.00 $263.64 $47,320.09
87 $47,320.09 $428.78 $0.00 $267.55 $48,016.42
88 $48,016.42 $428.78 $0.00 $271.49 $48,716.69
89 $48,716.69 $428.78 $0.00 $275.45 $49,420.92
90 $49,420.92 $428.78 $0.00 $279.43 $50,129.13
91 $50,129.13 $428.78 $0.00 $283.44 $50,841.35
92 $50,841.35 $428.78 $0.00 $287.46 $51,557.59
93 $51,557.59 $428.78 $0.00 $291.51 $52,277.88
94 $52,277.88 $428.78 $0.00 $295.59 $53,002.25
95 $53,002.25 $428.78 $0.00 $299.68 $53,730.71
96 $53,730.71 $428.78 $0.00 $303.80 $54,463.29
97 $54,463.29 $428.78 $0.00 $307.94 $55,200.01
98 $55,200.01 $428.78 $0.00 $312.11 $55,940.90
99 $55,940.90 $428.78 $0.00 $316.30 $56,685.98
100 $56,685.98 $428.78 $0.00 $320.51 $57,435.27
101 $57,435.27 $428.78 $0.00 $324.75 $58,188.80
102 $58,188.80 $428.78 $0.00 $329.01 $58,946.59
103 $58,946.59 $428.78 $0.00 $333.29 $59,708.66
104 $59,708.66 $428.78 $0.00 $337.60 $60,475.04
105 $60,475.04 $428.78 $0.00 $341.93 $61,245.75
106 $61,245.75 $428.78 $0.00 $346.29 $62,020.82
107 $62,020.82 $428.78 $0.00 $350.67 $62,800.27
108 $62,800.27 $428.78 $0.00 $355.08 $63,584.13
109 $63,584.13 $428.78 $0.00 $359.51 $64,372.42
110 $64,372.42 $428.78 $0.00 $363.97 $65,165.17
111 $65,165.17 $428.78 $0.00 $368.45 $65,962.40
112 $65,962.40 $428.78 $0.00 $372.96 $66,764.14
113 $66,764.14 $428.78 $0.00 $377.49 $67,570.41
114 $67,570.41 $428.78 $0.00 $382.05 $68,381.24
115 $68,381.24 $428.78 $0.00 $386.64 $69,196.66
116 $69,196.66 $428.78 $0.00 $391.25 $70,016.69
117 $70,016.69 $428.78 $0.00 $395.88 $70,841.35
118 $70,841.35 $428.78 $0.00 $400.55 $71,670.68
119 $71,670.68 $428.78 $0.00 $405.24 $72,504.70
120 $72,504.70 $428.78 $0.00 $409.95 $73,343.43
121 $73,343.43 $428.78 $0.00 $414.69 $74,186.90
122 $74,186.90 $428.78 $0.00 $419.46 $75,035.14
123 $75,035.14 $428.78 $0.00 $424.26 $75,888.18
124 $75,888.18 $428.78 $0.00 $429.08 $76,746.04
125 $76,746.04 $428.78 $0.00 $433.93 $77,608.75
126 $77,608.75 $428.78 $0.00 $438.81 $78,476.34
127 $78,476.34 $428.78 $0.00 $443.72 $79,348.84
128 $79,348.84 $428.78 $0.00 $448.65 $80,226.27
129 $80,226.27 $428.78 $0.00 $453.61 $81,108.66
130 $81,108.66 $428.78 $0.00 $458.60 $81,996.04
131 $81,996.04 $428.78 $0.00 $463.62 $82,888.44
132 $82,888.44 $428.78 $0.00 $468.66 $83,785.88
133 $83,785.88 $428.78 $0.00 $473.74 $84,688.40
134 $84,688.40 $428.78 $0.00 $478.84 $85,596.02
135 $85,596.02 $428.78 $0.00 $483.97 $86,508.77
136 $86,508.77 $428.78 $0.00 $489.13 $87,426.68
137 $87,426.68 $428.78 $0.00 $494.32 $88,349.78
138 $88,349.78 $428.78 $0.00 $499.54 $89,278.10
139 $89,278.10 $428.78 $0.00 $504.79 $90,211.67
140 $90,211.67 $428.78 $0.00 $510.07 $91,150.52
141 $91,150.52 $428.78 $0.00 $515.38 $92,094.68
142 $92,094.68 $428.78 $0.00 $520.72 $93,044.18
143 $93,044.18 $428.78 $0.00 $526.09 $93,999.05
144 $93,999.05 $428.78 $0.00 $531.48 $94,959.31
145 $94,959.31 $428.78 $0.00 $536.91 $95,925.00
146 $95,925.00 $428.78 $0.00 $542.37 $96,896.15
147 $96,896.15 $428.78 $0.00 $547.86 $97,872.79
148 $97,872.79 $428.78 $0.00 $553.39 $98,854.96
149 $98,854.96 $428.78 $0.00 $558.94 $99,842.68
150 $99,842.68 $428.78 $0.00 $564.53 $100,835.99
151 $100,835.99 $428.78 $0.00 $570.14 $101,834.91
152 $101,834.91 $428.78 $0.00 $575.79 $102,839.48
153 $102,839.48 $428.78 $0.00 $581.47 $103,849.73
154 $103,849.73 $428.78 $0.00 $587.18 $104,865.69
155 $104,865.69 $428.78 $0.00 $592.93 $105,887.40
156 $105,887.40 $428.78 $0.00 $598.70 $106,914.88
157 $106,914.88 $428.78 $0.00 $604.51 $107,948.17
158 $107,948.17 $428.78 $0.00 $610.35 $108,987.30
159 $108,987.30 $428.78 $0.00 $616.23 $110,032.31
160 $110,032.31 $428.78 $0.00 $622.14 $111,083.23
161 $111,083.23 $428.78 $0.00 $628.08 $112,140.09
162 $112,140.09 $428.78 $0.00 $634.06 $113,202.93
163 $113,202.93 $428.78 $0.00 $640.07 $114,271.78
164 $114,271.78 $428.78 $0.00 $646.11 $115,346.67
165 $115,346.67 $428.78 $0.00 $652.19 $116,427.64
166 $116,427.64 $428.78 $0.00 $658.30 $117,514.72
167 $117,514.72 $428.78 $0.00 $664.45 $118,607.95
168 $118,607.95 $428.78 $0.00 $670.63 $119,707.36
169 $119,707.36 $428.78 $0.00 $676.84 $120,812.98
170 $120,812.98 $428.78 $0.00 $683.09 $121,924.85
171 $121,924.85 $428.78 $0.00 $689.38 $123,043.01
172 $123,043.01 $428.78 $0.00 $695.70 $124,167.49
173 $124,167.49 $428.78 $0.00 $702.06 $125,298.33
174 $125,298.33 $428.78 $0.00 $708.45 $126,435.56
175 $126,435.56 $428.78 $0.00 $714.89 $127,579.23
176 $127,579.23 $428.78 $0.00 $721.35 $128,729.36
177 $128,729.36 $428.78 $0.00 $727.85 $129,885.99
178 $129,885.99 $428.78 $0.00 $734.39 $131,049.16
179 $131,049.16 $428.78 $0.00 $740.97 $132,218.91
180 $132,218.91 $428.78 $0.00 $747.58 $133,395.27
181 $133,395.27 $428.78 $0.00 $754.24 $134,578.29
182 $134,578.29 $428.78 $0.00 $760.93 $135,768.00
183 $135,768.00 $428.78 $0.00 $767.65 $136,964.43
184 $136,964.43 $428.78 $0.00 $774.42 $138,167.63
185 $138,167.63 $428.78 $0.00 $781.22 $139,377.63
186 $139,377.63 $428.78 $0.00 $788.06 $140,594.47
187 $140,594.47 $428.78 $0.00 $794.94 $141,818.19
188 $141,818.19 $428.78 $0.00 $801.86 $143,048.83
189 $143,048.83 $428.78 $0.00 $808.82 $144,286.43
190 $144,286.43 $428.78 $0.00 $815.82 $145,531.03
191 $145,531.03 $428.78 $0.00 $822.85 $146,782.66
192 $146,782.66 $428.78 $0.00 $829.93 $148,041.37
193 $148,041.37 $428.78 $0.00 $837.05 $149,307.20
194 $149,307.20 $428.78 $0.00 $844.20 $150,580.18
195 $150,580.18 $428.78 $0.00 $851.40 $151,860.36
196 $151,860.36 $428.78 $0.00 $858.64 $153,147.78
197 $153,147.78 $428.78 $0.00 $865.92 $154,442.48
198 $154,442.48 $428.78 $0.00 $873.24 $155,744.50
199 $155,744.50 $428.78 $0.00 $880.60 $157,053.88
200 $157,053.88 $428.78 $0.00 $888.01 $158,370.67
201 $158,370.67 $428.78 $0.00 $895.45 $159,694.90
202 $159,694.90 $428.78 $0.00 $902.94 $161,026.62
203 $161,026.62 $428.78 $0.00 $910.47 $162,365.87
204 $162,365.87 $428.78 $0.00 $918.04 $163,712.69
205 $163,712.69 $428.78 $0.00 $925.66 $165,067.13
206 $165,067.13 $428.78 $0.00 $933.31 $166,429.22
207 $166,429.22 $428.78 $0.00 $941.02 $167,799.02
208 $167,799.02 $428.78 $0.00 $948.76 $169,176.56
209 $169,176.56 $428.78 $0.00 $956.55 $170,561.89
210 $170,561.89 $428.78 $0.00 $964.38 $171,955.05
211 $171,955.05 $428.78 $0.00 $972.26 $173,356.09
212 $173,356.09 $428.78 $0.00 $980.18 $174,765.05
213 $174,765.05 $428.78 $0.00 $988.15 $176,181.98
214 $176,181.98 $428.78 $0.00 $996.16 $177,606.92
215 $177,606.92 $428.78 $0.00 $1,004.22 $179,039.92
216 $179,039.92 $428.78 $0.00 $1,012.32 $180,481.02
217 $180,481.02 $428.78 $50,269.46 $1,020.47 $131,660.81
218 $131,660.81 $428.78 $0.00 $744.43 $132,834.02
219 $132,834.02 $428.78 $0.00 $751.06 $134,013.86
220 $134,013.86 $428.78 $0.00 $757.73 $135,200.37
221 $135,200.37 $428.78 $0.00 $764.44 $136,393.59
222 $136,393.59 $428.78 $0.00 $771.19 $137,593.56
223 $137,593.56 $428.78 $0.00 $777.97 $138,800.31
224 $138,800.31 $428.78 $0.00 $784.80 $140,013.89
225 $140,013.89 $428.78 $0.00 $791.66 $141,234.33
226 $141,234.33 $428.78 $0.00 $798.56 $142,461.67
227 $142,461.67 $428.78 $0.00 $805.50 $143,695.95
228 $143,695.95 $428.78 $0.00 $812.48 $144,937.21
229 $144,937.21 $428.78 $52,782.94 $819.50 $93,402.55
230 $93,402.55 $428.78 $0.00 $528.11 $94,359.44
231 $94,359.44 $428.78 $0.00 $533.52 $95,321.74
232 $95,321.74 $428.78 $0.00 $538.96 $96,289.48
233 $96,289.48 $428.78 $0.00 $544.43 $97,262.69
234 $97,262.69 $428.78 $0.00 $549.94 $98,241.41
235 $98,241.41 $428.78 $0.00 $555.47 $99,225.66
236 $99,225.66 $428.78 $0.00 $561.04 $100,215.48
237 $100,215.48 $428.78 $0.00 $566.63 $101,210.89
238 $101,210.89 $428.78 $0.00 $572.26 $102,211.93
239 $102,211.93 $428.78 $0.00 $577.92 $103,218.63
240 $103,218.63 $428.78 $0.00 $583.61 $104,231.02
241 $104,231.02 $428.78 $55,422.08 $589.34 $49,827.06
242 $49,827.06 $428.78 $0.00 $281.73 $50,537.57
243 $50,537.57 $428.78 $0.00 $285.75 $51,252.10
244 $51,252.10 $428.78 $0.00 $289.79 $51,970.67
245 $51,970.67 $428.78 $0.00 $293.85 $52,693.30
246 $52,693.30 $428.78 $0.00 $297.94 $53,420.02
247 $53,420.02 $428.78 $0.00 $302.04 $54,150.84
248 $54,150.84 $428.78 $0.00 $306.18 $54,885.80
249 $54,885.80 $428.78 $0.00 $310.33 $55,624.91
250 $55,624.91 $428.78 $0.00 $314.51 $56,368.20
251 $56,368.20 $428.78 $0.00 $318.71 $57,115.69
252 $57,115.69 $428.78 $0.00 $322.94 $57,867.41
253 $57,867.41 $0.00 $58,193.19 $327.19 $1.41