Savings Plan and Future Cost Estimation for Columbia College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$100,186
Monthly savings required$793

How much will it cost to send your child to Columbia College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $400,743.90 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $793.07 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$38,634.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

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

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $793.07 $0.00 $0.00 $793.07
2 $793.07 $793.07 $0.00 $4.48 $1,590.62
3 $1,590.62 $793.07 $0.00 $8.99 $2,392.68
4 $2,392.68 $793.07 $0.00 $13.53 $3,199.28
5 $3,199.28 $793.07 $0.00 $18.09 $4,010.44
6 $4,010.44 $793.07 $0.00 $22.68 $4,826.19
7 $4,826.19 $793.07 $0.00 $27.29 $5,646.55
8 $5,646.55 $793.07 $0.00 $31.93 $6,471.55
9 $6,471.55 $793.07 $0.00 $36.59 $7,301.21
10 $7,301.21 $793.07 $0.00 $41.28 $8,135.56
11 $8,135.56 $793.07 $0.00 $46.00 $8,974.63
12 $8,974.63 $793.07 $0.00 $50.74 $9,818.44
13 $9,818.44 $793.07 $0.00 $55.51 $10,667.02
14 $10,667.02 $793.07 $0.00 $60.31 $11,520.40
15 $11,520.40 $793.07 $0.00 $65.14 $12,378.61
16 $12,378.61 $793.07 $0.00 $69.99 $13,241.67
17 $13,241.67 $793.07 $0.00 $74.87 $14,109.61
18 $14,109.61 $793.07 $0.00 $79.78 $14,982.46
19 $14,982.46 $793.07 $0.00 $84.71 $15,860.24
20 $15,860.24 $793.07 $0.00 $89.68 $16,742.99
21 $16,742.99 $793.07 $0.00 $94.67 $17,630.73
22 $17,630.73 $793.07 $0.00 $99.69 $18,523.49
23 $18,523.49 $793.07 $0.00 $104.73 $19,421.29
24 $19,421.29 $793.07 $0.00 $109.81 $20,324.17
25 $20,324.17 $793.07 $0.00 $114.92 $21,232.16
26 $21,232.16 $793.07 $0.00 $120.05 $22,145.28
27 $22,145.28 $793.07 $0.00 $125.21 $23,063.56
28 $23,063.56 $793.07 $0.00 $130.40 $23,987.03
29 $23,987.03 $793.07 $0.00 $135.63 $24,915.73
30 $24,915.73 $793.07 $0.00 $140.88 $25,849.68
31 $25,849.68 $793.07 $0.00 $146.16 $26,788.91
32 $26,788.91 $793.07 $0.00 $151.47 $27,733.45
33 $27,733.45 $793.07 $0.00 $156.81 $28,683.33
34 $28,683.33 $793.07 $0.00 $162.18 $29,638.58
35 $29,638.58 $793.07 $0.00 $167.58 $30,599.23
36 $30,599.23 $793.07 $0.00 $173.01 $31,565.31
37 $31,565.31 $793.07 $0.00 $178.47 $32,536.85
38 $32,536.85 $793.07 $0.00 $183.97 $33,513.89
39 $33,513.89 $793.07 $0.00 $189.49 $34,496.45
40 $34,496.45 $793.07 $0.00 $195.05 $35,484.57
41 $35,484.57 $793.07 $0.00 $200.63 $36,478.27
42 $36,478.27 $793.07 $0.00 $206.25 $37,477.59
43 $37,477.59 $793.07 $0.00 $211.90 $38,482.56
44 $38,482.56 $793.07 $0.00 $217.59 $39,493.22
45 $39,493.22 $793.07 $0.00 $223.30 $40,509.59
46 $40,509.59 $793.07 $0.00 $229.05 $41,531.71
47 $41,531.71 $793.07 $0.00 $234.83 $42,559.61
48 $42,559.61 $793.07 $0.00 $240.64 $43,593.32
49 $43,593.32 $793.07 $0.00 $246.48 $44,632.87
50 $44,632.87 $793.07 $0.00 $252.36 $45,678.30
51 $45,678.30 $793.07 $0.00 $258.27 $46,729.64
52 $46,729.64 $793.07 $0.00 $264.22 $47,786.93
53 $47,786.93 $793.07 $0.00 $270.19 $48,850.19
54 $48,850.19 $793.07 $0.00 $276.21 $49,919.47
55 $49,919.47 $793.07 $0.00 $282.25 $50,994.79
56 $50,994.79 $793.07 $0.00 $288.33 $52,076.19
57 $52,076.19 $793.07 $0.00 $294.45 $53,163.71
58 $53,163.71 $793.07 $0.00 $300.60 $54,257.38
59 $54,257.38 $793.07 $0.00 $306.78 $55,357.23
60 $55,357.23 $793.07 $0.00 $313.00 $56,463.30
61 $56,463.30 $793.07 $0.00 $319.25 $57,575.62
62 $57,575.62 $793.07 $0.00 $325.54 $58,694.23
63 $58,694.23 $793.07 $0.00 $331.87 $59,819.17
64 $59,819.17 $793.07 $0.00 $338.23 $60,950.47
65 $60,950.47 $793.07 $0.00 $344.62 $62,088.16
66 $62,088.16 $793.07 $0.00 $351.06 $63,232.29
67 $63,232.29 $793.07 $0.00 $357.52 $64,382.88
68 $64,382.88 $793.07 $0.00 $364.03 $65,539.98
69 $65,539.98 $793.07 $0.00 $370.57 $66,703.62
70 $66,703.62 $793.07 $0.00 $377.15 $67,873.84
71 $67,873.84 $793.07 $0.00 $383.77 $69,050.68
72 $69,050.68 $793.07 $0.00 $390.42 $70,234.17
73 $70,234.17 $793.07 $0.00 $397.11 $71,424.35
74 $71,424.35 $793.07 $0.00 $403.84 $72,621.26
75 $72,621.26 $793.07 $0.00 $410.61 $73,824.94
76 $73,824.94 $793.07 $0.00 $417.42 $75,035.43
77 $75,035.43 $793.07 $0.00 $424.26 $76,252.76
78 $76,252.76 $793.07 $0.00 $431.14 $77,476.97
79 $77,476.97 $793.07 $0.00 $438.07 $78,708.11
80 $78,708.11 $793.07 $0.00 $445.03 $79,946.21
81 $79,946.21 $793.07 $0.00 $452.03 $81,191.31
82 $81,191.31 $793.07 $0.00 $459.07 $82,443.45
83 $82,443.45 $793.07 $0.00 $466.15 $83,702.67
84 $83,702.67 $793.07 $0.00 $473.27 $84,969.01
85 $84,969.01 $793.07 $0.00 $480.43 $86,242.51
86 $86,242.51 $793.07 $0.00 $487.63 $87,523.21
87 $87,523.21 $793.07 $0.00 $494.87 $88,811.15
88 $88,811.15 $793.07 $0.00 $502.15 $90,106.37
89 $90,106.37 $793.07 $0.00 $509.47 $91,408.91
90 $91,408.91 $793.07 $0.00 $516.84 $92,718.82
91 $92,718.82 $793.07 $0.00 $524.25 $94,036.14
92 $94,036.14 $793.07 $0.00 $531.69 $95,360.90
93 $95,360.90 $793.07 $0.00 $539.18 $96,693.15
94 $96,693.15 $793.07 $0.00 $546.72 $98,032.94
95 $98,032.94 $793.07 $0.00 $554.29 $99,380.30
96 $99,380.30 $793.07 $0.00 $561.91 $100,735.28
97 $100,735.28 $793.07 $0.00 $569.57 $102,097.92
98 $102,097.92 $793.07 $0.00 $577.28 $103,468.27
99 $103,468.27 $793.07 $0.00 $585.02 $104,846.36
100 $104,846.36 $793.07 $0.00 $592.82 $106,232.25
101 $106,232.25 $793.07 $0.00 $600.65 $107,625.97
102 $107,625.97 $793.07 $0.00 $608.53 $109,027.57
103 $109,027.57 $793.07 $0.00 $616.46 $110,437.10
104 $110,437.10 $793.07 $0.00 $624.43 $111,854.60
105 $111,854.60 $793.07 $0.00 $632.44 $113,280.11
106 $113,280.11 $793.07 $0.00 $640.50 $114,713.68
107 $114,713.68 $793.07 $0.00 $648.61 $116,155.36
108 $116,155.36 $793.07 $0.00 $656.76 $117,605.19
109 $117,605.19 $793.07 $0.00 $664.96 $119,063.22
110 $119,063.22 $793.07 $0.00 $673.20 $120,529.49
111 $120,529.49 $793.07 $0.00 $681.49 $122,004.05
112 $122,004.05 $793.07 $0.00 $689.83 $123,486.95
113 $123,486.95 $793.07 $0.00 $698.21 $124,978.23
114 $124,978.23 $793.07 $0.00 $706.65 $126,477.95
115 $126,477.95 $793.07 $0.00 $715.12 $127,986.14
116 $127,986.14 $793.07 $0.00 $723.65 $129,502.86
117 $129,502.86 $793.07 $0.00 $732.23 $131,028.16
118 $131,028.16 $793.07 $0.00 $740.85 $132,562.08
119 $132,562.08 $793.07 $0.00 $749.53 $134,104.68
120 $134,104.68 $793.07 $0.00 $758.25 $135,656.00
121 $135,656.00 $793.07 $0.00 $767.02 $137,216.09
122 $137,216.09 $793.07 $0.00 $775.84 $138,785.00
123 $138,785.00 $793.07 $0.00 $784.71 $140,362.78
124 $140,362.78 $793.07 $0.00 $793.63 $141,949.48
125 $141,949.48 $793.07 $0.00 $802.60 $143,545.15
126 $143,545.15 $793.07 $0.00 $811.63 $145,149.85
127 $145,149.85 $793.07 $0.00 $820.70 $146,763.62
128 $146,763.62 $793.07 $0.00 $829.82 $148,386.51
129 $148,386.51 $793.07 $0.00 $839.00 $150,018.58
130 $150,018.58 $793.07 $0.00 $848.23 $151,659.88
131 $151,659.88 $793.07 $0.00 $857.51 $153,310.46
132 $153,310.46 $793.07 $0.00 $866.84 $154,970.37
133 $154,970.37 $793.07 $0.00 $876.23 $156,639.67
134 $156,639.67 $793.07 $0.00 $885.66 $158,318.40
135 $158,318.40 $793.07 $0.00 $895.16 $160,006.63
136 $160,006.63 $793.07 $0.00 $904.70 $161,704.40
137 $161,704.40 $793.07 $0.00 $914.30 $163,411.77
138 $163,411.77 $793.07 $0.00 $923.95 $165,128.79
139 $165,128.79 $793.07 $0.00 $933.66 $166,855.52
140 $166,855.52 $793.07 $0.00 $943.43 $168,592.02
141 $168,592.02 $793.07 $0.00 $953.24 $170,338.33
142 $170,338.33 $793.07 $0.00 $963.12 $172,094.52
143 $172,094.52 $793.07 $0.00 $973.05 $173,860.64
144 $173,860.64 $793.07 $0.00 $983.03 $175,636.74
145 $175,636.74 $793.07 $0.00 $993.08 $177,422.89
146 $177,422.89 $793.07 $0.00 $1,003.17 $179,219.13
147 $179,219.13 $793.07 $0.00 $1,013.33 $181,025.53
148 $181,025.53 $793.07 $0.00 $1,023.54 $182,842.14
149 $182,842.14 $793.07 $0.00 $1,033.82 $184,669.03
150 $184,669.03 $793.07 $0.00 $1,044.15 $186,506.25
151 $186,506.25 $793.07 $0.00 $1,054.53 $188,353.85
152 $188,353.85 $793.07 $0.00 $1,064.98 $190,211.90
153 $190,211.90 $793.07 $0.00 $1,075.49 $192,080.46
154 $192,080.46 $793.07 $0.00 $1,086.05 $193,959.58
155 $193,959.58 $793.07 $0.00 $1,096.68 $195,849.33
156 $195,849.33 $793.07 $0.00 $1,107.36 $197,749.76
157 $197,749.76 $793.07 $0.00 $1,118.11 $199,660.94
158 $199,660.94 $793.07 $0.00 $1,128.91 $201,582.92
159 $201,582.92 $793.07 $0.00 $1,139.78 $203,515.77
160 $203,515.77 $793.07 $0.00 $1,150.71 $205,459.55
161 $205,459.55 $793.07 $0.00 $1,161.70 $207,414.32
162 $207,414.32 $793.07 $0.00 $1,172.75 $209,380.14
163 $209,380.14 $793.07 $0.00 $1,183.87 $211,357.08
164 $211,357.08 $793.07 $0.00 $1,195.04 $213,345.19
165 $213,345.19 $793.07 $0.00 $1,206.28 $215,344.54
166 $215,344.54 $793.07 $0.00 $1,217.59 $217,355.20
167 $217,355.20 $793.07 $0.00 $1,228.96 $219,377.23
168 $219,377.23 $793.07 $0.00 $1,240.39 $221,410.69
169 $221,410.69 $793.07 $0.00 $1,251.89 $223,455.65
170 $223,455.65 $793.07 $0.00 $1,263.45 $225,512.17
171 $225,512.17 $793.07 $0.00 $1,275.08 $227,580.32
172 $227,580.32 $793.07 $0.00 $1,286.77 $229,660.16
173 $229,660.16 $793.07 $0.00 $1,298.53 $231,751.76
174 $231,751.76 $793.07 $0.00 $1,310.36 $233,855.19
175 $233,855.19 $793.07 $0.00 $1,322.25 $235,970.51
176 $235,970.51 $793.07 $0.00 $1,334.21 $238,097.79
177 $238,097.79 $793.07 $0.00 $1,346.24 $240,237.10
178 $240,237.10 $793.07 $0.00 $1,358.34 $242,388.51
179 $242,388.51 $793.07 $0.00 $1,370.50 $244,552.08
180 $244,552.08 $793.07 $0.00 $1,382.73 $246,727.88
181 $246,727.88 $793.07 $0.00 $1,395.04 $248,915.99
182 $248,915.99 $793.07 $0.00 $1,407.41 $251,116.47
183 $251,116.47 $793.07 $0.00 $1,419.85 $253,329.39
184 $253,329.39 $793.07 $0.00 $1,432.36 $255,554.82
185 $255,554.82 $793.07 $0.00 $1,444.94 $257,792.83
186 $257,792.83 $793.07 $0.00 $1,457.60 $260,043.50
187 $260,043.50 $793.07 $0.00 $1,470.32 $262,306.89
188 $262,306.89 $793.07 $0.00 $1,483.12 $264,583.08
189 $264,583.08 $793.07 $0.00 $1,495.99 $266,872.14
190 $266,872.14 $793.07 $0.00 $1,508.93 $269,174.14
191 $269,174.14 $793.07 $0.00 $1,521.95 $271,489.16
192 $271,489.16 $793.07 $0.00 $1,535.04 $273,817.27
193 $273,817.27 $793.07 $0.00 $1,548.20 $276,158.54
194 $276,158.54 $793.07 $0.00 $1,561.44 $278,513.05
195 $278,513.05 $793.07 $0.00 $1,574.75 $280,880.87
196 $280,880.87 $793.07 $0.00 $1,588.14 $283,262.08
197 $283,262.08 $793.07 $0.00 $1,601.60 $285,656.75
198 $285,656.75 $793.07 $0.00 $1,615.14 $288,064.96
199 $288,064.96 $793.07 $0.00 $1,628.76 $290,486.79
200 $290,486.79 $793.07 $0.00 $1,642.45 $292,922.31
201 $292,922.31 $793.07 $0.00 $1,656.23 $295,371.61
202 $295,371.61 $793.07 $0.00 $1,670.07 $297,834.75
203 $297,834.75 $793.07 $0.00 $1,684.00 $300,311.82
204 $300,311.82 $793.07 $0.00 $1,698.01 $302,802.90
205 $302,802.90 $793.07 $0.00 $1,712.09 $305,308.06
206 $305,308.06 $793.07 $0.00 $1,726.26 $307,827.39
207 $307,827.39 $793.07 $0.00 $1,740.50 $310,360.96
208 $310,360.96 $793.07 $0.00 $1,754.83 $312,908.86
209 $312,908.86 $793.07 $0.00 $1,769.23 $315,471.16
210 $315,471.16 $793.07 $0.00 $1,783.72 $318,047.95
211 $318,047.95 $793.07 $0.00 $1,798.29 $320,639.31
212 $320,639.31 $793.07 $0.00 $1,812.94 $323,245.32
213 $323,245.32 $793.07 $0.00 $1,827.68 $325,866.07
214 $325,866.07 $793.07 $0.00 $1,842.49 $328,501.63
215 $328,501.63 $793.07 $0.00 $1,857.40 $331,152.10
216 $331,152.10 $793.07 $0.00 $1,872.38 $333,817.55
217 $333,817.55 $793.07 $92,977.33 $1,887.45 $243,520.74
218 $243,520.74 $793.07 $0.00 $1,376.90 $245,690.71
219 $245,690.71 $793.07 $0.00 $1,389.17 $247,872.95
220 $247,872.95 $793.07 $0.00 $1,401.51 $250,067.53
221 $250,067.53 $793.07 $0.00 $1,413.92 $252,274.52
222 $252,274.52 $793.07 $0.00 $1,426.40 $254,493.99
223 $254,493.99 $793.07 $0.00 $1,438.95 $256,726.01
224 $256,726.01 $793.07 $0.00 $1,451.57 $258,970.65
225 $258,970.65 $793.07 $0.00 $1,464.26 $261,227.98
226 $261,227.98 $793.07 $0.00 $1,477.02 $263,498.07
227 $263,498.07 $793.07 $0.00 $1,489.86 $265,781.00
228 $265,781.00 $793.07 $0.00 $1,502.76 $268,076.83
229 $268,076.83 $793.07 $97,626.19 $1,515.75 $172,759.46
230 $172,759.46 $793.07 $0.00 $976.81 $174,529.34
231 $174,529.34 $793.07 $0.00 $986.81 $176,309.22
232 $176,309.22 $793.07 $0.00 $996.88 $178,099.17
233 $178,099.17 $793.07 $0.00 $1,007.00 $179,899.24
234 $179,899.24 $793.07 $0.00 $1,017.18 $181,709.49
235 $181,709.49 $793.07 $0.00 $1,027.41 $183,529.97
236 $183,529.97 $793.07 $0.00 $1,037.71 $185,360.75
237 $185,360.75 $793.07 $0.00 $1,048.06 $187,201.88
238 $187,201.88 $793.07 $0.00 $1,058.47 $189,053.42
239 $189,053.42 $793.07 $0.00 $1,068.94 $190,915.43
240 $190,915.43 $793.07 $0.00 $1,079.46 $192,787.96
241 $192,787.96 $793.07 $102,507.50 $1,090.05 $92,163.58
242 $92,163.58 $793.07 $0.00 $521.11 $93,477.76
243 $93,477.76 $793.07 $0.00 $528.54 $94,799.37
244 $94,799.37 $793.07 $0.00 $536.01 $96,128.45
245 $96,128.45 $793.07 $0.00 $543.52 $97,465.04
246 $97,465.04 $793.07 $0.00 $551.08 $98,809.19
247 $98,809.19 $793.07 $0.00 $558.68 $100,160.94
248 $100,160.94 $793.07 $0.00 $566.32 $101,520.33
249 $101,520.33 $793.07 $0.00 $574.01 $102,887.41
250 $102,887.41 $793.07 $0.00 $581.74 $104,262.22
251 $104,262.22 $793.07 $0.00 $589.51 $105,644.80
252 $105,644.80 $793.07 $0.00 $597.33 $107,035.20
253 $107,035.20 $0.00 $107,632.88 $605.19 $7.51