Savings Plan and Future Cost Estimation for University of Nevada Reno

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$68,077
Monthly savings required$539

How much will it cost to send your child to University of Nevada Reno in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $272,307.53 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $538.89 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$26,252.00
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 $538.89 $0.00 $0.00 $538.89
2 $538.89 $538.89 $0.00 $3.05 $1,080.83
3 $1,080.83 $538.89 $0.00 $6.11 $1,625.83
4 $1,625.83 $538.89 $0.00 $9.19 $2,173.91
5 $2,173.91 $538.89 $0.00 $12.29 $2,725.09
6 $2,725.09 $538.89 $0.00 $15.41 $3,279.39
7 $3,279.39 $538.89 $0.00 $18.54 $3,836.82
8 $3,836.82 $538.89 $0.00 $21.69 $4,397.40
9 $4,397.40 $538.89 $0.00 $24.86 $4,961.15
10 $4,961.15 $538.89 $0.00 $28.05 $5,528.09
11 $5,528.09 $538.89 $0.00 $31.26 $6,098.24
12 $6,098.24 $538.89 $0.00 $34.48 $6,671.61
13 $6,671.61 $538.89 $0.00 $37.72 $7,248.22
14 $7,248.22 $538.89 $0.00 $40.98 $7,828.09
15 $7,828.09 $538.89 $0.00 $44.26 $8,411.24
16 $8,411.24 $538.89 $0.00 $47.56 $8,997.69
17 $8,997.69 $538.89 $0.00 $50.87 $9,587.45
18 $9,587.45 $538.89 $0.00 $54.21 $10,180.55
19 $10,180.55 $538.89 $0.00 $57.56 $10,777.00
20 $10,777.00 $538.89 $0.00 $60.93 $11,376.82
21 $11,376.82 $538.89 $0.00 $64.33 $11,980.04
22 $11,980.04 $538.89 $0.00 $67.74 $12,586.67
23 $12,586.67 $538.89 $0.00 $71.17 $13,196.73
24 $13,196.73 $538.89 $0.00 $74.62 $13,810.24
25 $13,810.24 $538.89 $0.00 $78.09 $14,427.22
26 $14,427.22 $538.89 $0.00 $81.57 $15,047.68
27 $15,047.68 $538.89 $0.00 $85.08 $15,671.65
28 $15,671.65 $538.89 $0.00 $88.61 $16,299.15
29 $16,299.15 $538.89 $0.00 $92.16 $16,930.20
30 $16,930.20 $538.89 $0.00 $95.73 $17,564.82
31 $17,564.82 $538.89 $0.00 $99.31 $18,203.02
32 $18,203.02 $538.89 $0.00 $102.92 $18,844.83
33 $18,844.83 $538.89 $0.00 $106.55 $19,490.27
34 $19,490.27 $538.89 $0.00 $110.20 $20,139.36
35 $20,139.36 $538.89 $0.00 $113.87 $20,792.12
36 $20,792.12 $538.89 $0.00 $117.56 $21,448.57
37 $21,448.57 $538.89 $0.00 $121.27 $22,108.73
38 $22,108.73 $538.89 $0.00 $125.01 $22,772.63
39 $22,772.63 $538.89 $0.00 $128.76 $23,440.28
40 $23,440.28 $538.89 $0.00 $132.53 $24,111.70
41 $24,111.70 $538.89 $0.00 $136.33 $24,786.92
42 $24,786.92 $538.89 $0.00 $140.15 $25,465.96
43 $25,465.96 $538.89 $0.00 $143.99 $26,148.84
44 $26,148.84 $538.89 $0.00 $147.85 $26,835.58
45 $26,835.58 $538.89 $0.00 $151.73 $27,526.20
46 $27,526.20 $538.89 $0.00 $155.64 $28,220.73
47 $28,220.73 $538.89 $0.00 $159.56 $28,919.18
48 $28,919.18 $538.89 $0.00 $163.51 $29,621.58
49 $29,621.58 $538.89 $0.00 $167.48 $30,327.95
50 $30,327.95 $538.89 $0.00 $171.48 $31,038.32
51 $31,038.32 $538.89 $0.00 $175.50 $31,752.71
52 $31,752.71 $538.89 $0.00 $179.53 $32,471.13
53 $32,471.13 $538.89 $0.00 $183.60 $33,193.62
54 $33,193.62 $538.89 $0.00 $187.68 $33,920.19
55 $33,920.19 $538.89 $0.00 $191.79 $34,650.87
56 $34,650.87 $538.89 $0.00 $195.92 $35,385.68
57 $35,385.68 $538.89 $0.00 $200.08 $36,124.65
58 $36,124.65 $538.89 $0.00 $204.25 $36,867.79
59 $36,867.79 $538.89 $0.00 $208.46 $37,615.14
60 $37,615.14 $538.89 $0.00 $212.68 $38,366.71
61 $38,366.71 $538.89 $0.00 $216.93 $39,122.53
62 $39,122.53 $538.89 $0.00 $221.20 $39,882.62
63 $39,882.62 $538.89 $0.00 $225.50 $40,647.01
64 $40,647.01 $538.89 $0.00 $229.82 $41,415.72
65 $41,415.72 $538.89 $0.00 $234.17 $42,188.78
66 $42,188.78 $538.89 $0.00 $238.54 $42,966.21
67 $42,966.21 $538.89 $0.00 $242.94 $43,748.04
68 $43,748.04 $538.89 $0.00 $247.36 $44,534.29
69 $44,534.29 $538.89 $0.00 $251.80 $45,324.98
70 $45,324.98 $538.89 $0.00 $256.27 $46,120.14
71 $46,120.14 $538.89 $0.00 $260.77 $46,919.80
72 $46,919.80 $538.89 $0.00 $265.29 $47,723.98
73 $47,723.98 $538.89 $0.00 $269.84 $48,532.71
74 $48,532.71 $538.89 $0.00 $274.41 $49,346.01
75 $49,346.01 $538.89 $0.00 $279.01 $50,163.91
76 $50,163.91 $538.89 $0.00 $283.63 $50,986.43
77 $50,986.43 $538.89 $0.00 $288.28 $51,813.60
78 $51,813.60 $538.89 $0.00 $292.96 $52,645.45
79 $52,645.45 $538.89 $0.00 $297.67 $53,482.01
80 $53,482.01 $538.89 $0.00 $302.40 $54,323.30
81 $54,323.30 $538.89 $0.00 $307.15 $55,169.34
82 $55,169.34 $538.89 $0.00 $311.94 $56,020.17
83 $56,020.17 $538.89 $0.00 $316.75 $56,875.81
84 $56,875.81 $538.89 $0.00 $321.58 $57,736.28
85 $57,736.28 $538.89 $0.00 $326.45 $58,601.62
86 $58,601.62 $538.89 $0.00 $331.34 $59,471.85
87 $59,471.85 $538.89 $0.00 $336.26 $60,347.00
88 $60,347.00 $538.89 $0.00 $341.21 $61,227.10
89 $61,227.10 $538.89 $0.00 $346.19 $62,112.18
90 $62,112.18 $538.89 $0.00 $351.19 $63,002.26
91 $63,002.26 $538.89 $0.00 $356.22 $63,897.37
92 $63,897.37 $538.89 $0.00 $361.29 $64,797.55
93 $64,797.55 $538.89 $0.00 $366.37 $65,702.81
94 $65,702.81 $538.89 $0.00 $371.49 $66,613.19
95 $66,613.19 $538.89 $0.00 $376.64 $67,528.72
96 $67,528.72 $538.89 $0.00 $381.82 $68,449.43
97 $68,449.43 $538.89 $0.00 $387.02 $69,375.34
98 $69,375.34 $538.89 $0.00 $392.26 $70,306.49
99 $70,306.49 $538.89 $0.00 $397.52 $71,242.90
100 $71,242.90 $538.89 $0.00 $402.82 $72,184.61
101 $72,184.61 $538.89 $0.00 $408.14 $73,131.64
102 $73,131.64 $538.89 $0.00 $413.50 $74,084.03
103 $74,084.03 $538.89 $0.00 $418.88 $75,041.80
104 $75,041.80 $538.89 $0.00 $424.30 $76,004.99
105 $76,004.99 $538.89 $0.00 $429.74 $76,973.62
106 $76,973.62 $538.89 $0.00 $435.22 $77,947.73
107 $77,947.73 $538.89 $0.00 $440.73 $78,927.35
108 $78,927.35 $538.89 $0.00 $446.27 $79,912.51
109 $79,912.51 $538.89 $0.00 $451.84 $80,903.24
110 $80,903.24 $538.89 $0.00 $457.44 $81,899.57
111 $81,899.57 $538.89 $0.00 $463.07 $82,901.53
112 $82,901.53 $538.89 $0.00 $468.74 $83,909.16
113 $83,909.16 $538.89 $0.00 $474.43 $84,922.48
114 $84,922.48 $538.89 $0.00 $480.16 $85,941.53
115 $85,941.53 $538.89 $0.00 $485.93 $86,966.35
116 $86,966.35 $538.89 $0.00 $491.72 $87,996.96
117 $87,996.96 $538.89 $0.00 $497.55 $89,033.40
118 $89,033.40 $538.89 $0.00 $503.41 $90,075.70
119 $90,075.70 $538.89 $0.00 $509.30 $91,123.89
120 $91,123.89 $538.89 $0.00 $515.23 $92,178.01
121 $92,178.01 $538.89 $0.00 $521.19 $93,238.09
122 $93,238.09 $538.89 $0.00 $527.18 $94,304.16
123 $94,304.16 $538.89 $0.00 $533.21 $95,376.26
124 $95,376.26 $538.89 $0.00 $539.27 $96,454.42
125 $96,454.42 $538.89 $0.00 $545.37 $97,538.68
126 $97,538.68 $538.89 $0.00 $551.50 $98,629.07
127 $98,629.07 $538.89 $0.00 $557.66 $99,725.62
128 $99,725.62 $538.89 $0.00 $563.86 $100,828.37
129 $100,828.37 $538.89 $0.00 $570.10 $101,937.36
130 $101,937.36 $538.89 $0.00 $576.37 $103,052.62
131 $103,052.62 $538.89 $0.00 $582.67 $104,174.18
132 $104,174.18 $538.89 $0.00 $589.02 $105,302.09
133 $105,302.09 $538.89 $0.00 $595.39 $106,436.37
134 $106,436.37 $538.89 $0.00 $601.81 $107,577.07
135 $107,577.07 $538.89 $0.00 $608.26 $108,724.22
136 $108,724.22 $538.89 $0.00 $614.74 $109,877.85
137 $109,877.85 $538.89 $0.00 $621.27 $111,038.01
138 $111,038.01 $538.89 $0.00 $627.83 $112,204.73
139 $112,204.73 $538.89 $0.00 $634.42 $113,378.04
140 $113,378.04 $538.89 $0.00 $641.06 $114,557.99
141 $114,557.99 $538.89 $0.00 $647.73 $115,744.61
142 $115,744.61 $538.89 $0.00 $654.44 $116,937.94
143 $116,937.94 $538.89 $0.00 $661.18 $118,138.01
144 $118,138.01 $538.89 $0.00 $667.97 $119,344.87
145 $119,344.87 $538.89 $0.00 $674.79 $120,558.55
146 $120,558.55 $538.89 $0.00 $681.66 $121,779.10
147 $121,779.10 $538.89 $0.00 $688.56 $123,006.55
148 $123,006.55 $538.89 $0.00 $695.50 $124,240.94
149 $124,240.94 $538.89 $0.00 $702.48 $125,482.31
150 $125,482.31 $538.89 $0.00 $709.50 $126,730.70
151 $126,730.70 $538.89 $0.00 $716.55 $127,986.14
152 $127,986.14 $538.89 $0.00 $723.65 $129,248.68
153 $129,248.68 $538.89 $0.00 $730.79 $130,518.36
154 $130,518.36 $538.89 $0.00 $737.97 $131,795.22
155 $131,795.22 $538.89 $0.00 $745.19 $133,079.30
156 $133,079.30 $538.89 $0.00 $752.45 $134,370.64
157 $134,370.64 $538.89 $0.00 $759.75 $135,669.28
158 $135,669.28 $538.89 $0.00 $767.09 $136,975.26
159 $136,975.26 $538.89 $0.00 $774.48 $138,288.63
160 $138,288.63 $538.89 $0.00 $781.90 $139,609.42
161 $139,609.42 $538.89 $0.00 $789.37 $140,937.68
162 $140,937.68 $538.89 $0.00 $796.88 $142,273.45
163 $142,273.45 $538.89 $0.00 $804.43 $143,616.77
164 $143,616.77 $538.89 $0.00 $812.03 $144,967.69
165 $144,967.69 $538.89 $0.00 $819.67 $146,326.25
166 $146,326.25 $538.89 $0.00 $827.35 $147,692.49
167 $147,692.49 $538.89 $0.00 $835.07 $149,066.45
168 $149,066.45 $538.89 $0.00 $842.84 $150,448.18
169 $150,448.18 $538.89 $0.00 $850.66 $151,837.73
170 $151,837.73 $538.89 $0.00 $858.51 $153,235.13
171 $153,235.13 $538.89 $0.00 $866.41 $154,640.43
172 $154,640.43 $538.89 $0.00 $874.36 $156,053.68
173 $156,053.68 $538.89 $0.00 $882.35 $157,474.92
174 $157,474.92 $538.89 $0.00 $890.39 $158,904.20
175 $158,904.20 $538.89 $0.00 $898.47 $160,341.56
176 $160,341.56 $538.89 $0.00 $906.59 $161,787.04
177 $161,787.04 $538.89 $0.00 $914.77 $163,240.70
178 $163,240.70 $538.89 $0.00 $922.99 $164,702.58
179 $164,702.58 $538.89 $0.00 $931.25 $166,172.72
180 $166,172.72 $538.89 $0.00 $939.56 $167,651.17
181 $167,651.17 $538.89 $0.00 $947.92 $169,137.98
182 $169,137.98 $538.89 $0.00 $956.33 $170,633.20
183 $170,633.20 $538.89 $0.00 $964.78 $172,136.87
184 $172,136.87 $538.89 $0.00 $973.29 $173,649.05
185 $173,649.05 $538.89 $0.00 $981.84 $175,169.78
186 $175,169.78 $538.89 $0.00 $990.44 $176,699.11
187 $176,699.11 $538.89 $0.00 $999.08 $178,237.08
188 $178,237.08 $538.89 $0.00 $1,007.78 $179,783.75
189 $179,783.75 $538.89 $0.00 $1,016.52 $181,339.16
190 $181,339.16 $538.89 $0.00 $1,025.32 $182,903.37
191 $182,903.37 $538.89 $0.00 $1,034.16 $184,476.42
192 $184,476.42 $538.89 $0.00 $1,043.06 $186,058.37
193 $186,058.37 $538.89 $0.00 $1,052.00 $187,649.26
194 $187,649.26 $538.89 $0.00 $1,061.00 $189,249.15
195 $189,249.15 $538.89 $0.00 $1,070.04 $190,858.08
196 $190,858.08 $538.89 $0.00 $1,079.14 $192,476.11
197 $192,476.11 $538.89 $0.00 $1,088.29 $194,103.29
198 $194,103.29 $538.89 $0.00 $1,097.49 $195,739.67
199 $195,739.67 $538.89 $0.00 $1,106.74 $197,385.30
200 $197,385.30 $538.89 $0.00 $1,116.05 $199,040.24
201 $199,040.24 $538.89 $0.00 $1,125.40 $200,704.53
202 $200,704.53 $538.89 $0.00 $1,134.81 $202,378.23
203 $202,378.23 $538.89 $0.00 $1,144.28 $204,061.40
204 $204,061.40 $538.89 $0.00 $1,153.79 $205,754.08
205 $205,754.08 $538.89 $0.00 $1,163.36 $207,456.33
206 $207,456.33 $538.89 $0.00 $1,172.99 $209,168.21
207 $209,168.21 $538.89 $0.00 $1,182.67 $210,889.77
208 $210,889.77 $538.89 $0.00 $1,192.40 $212,621.06
209 $212,621.06 $538.89 $0.00 $1,202.19 $214,362.14
210 $214,362.14 $538.89 $0.00 $1,212.03 $216,113.06
211 $216,113.06 $538.89 $0.00 $1,221.93 $217,873.88
212 $217,873.88 $538.89 $0.00 $1,231.89 $219,644.66
213 $219,644.66 $538.89 $0.00 $1,241.90 $221,425.45
214 $221,425.45 $538.89 $0.00 $1,251.97 $223,216.31
215 $223,216.31 $538.89 $0.00 $1,262.10 $225,017.30
216 $225,017.30 $538.89 $0.00 $1,272.28 $226,828.47
217 $226,828.47 $538.89 $63,178.57 $1,282.52 $165,471.31
218 $165,471.31 $538.89 $0.00 $935.60 $166,945.80
219 $166,945.80 $538.89 $0.00 $943.94 $168,428.63
220 $168,428.63 $538.89 $0.00 $952.32 $169,919.84
221 $169,919.84 $538.89 $0.00 $960.75 $171,419.48
222 $171,419.48 $538.89 $0.00 $969.23 $172,927.60
223 $172,927.60 $538.89 $0.00 $977.76 $174,444.25
224 $174,444.25 $538.89 $0.00 $986.33 $175,969.47
225 $175,969.47 $538.89 $0.00 $994.96 $177,503.32
226 $177,503.32 $538.89 $0.00 $1,003.63 $179,045.84
227 $179,045.84 $538.89 $0.00 $1,012.35 $180,597.08
228 $180,597.08 $538.89 $0.00 $1,021.12 $182,157.09
229 $182,157.09 $538.89 $66,337.50 $1,029.94 $117,388.42
230 $117,388.42 $538.89 $0.00 $663.73 $118,591.04
231 $118,591.04 $538.89 $0.00 $670.53 $119,800.46
232 $119,800.46 $538.89 $0.00 $677.37 $121,016.72
233 $121,016.72 $538.89 $0.00 $684.25 $122,239.86
234 $122,239.86 $538.89 $0.00 $691.16 $123,469.91
235 $123,469.91 $538.89 $0.00 $698.12 $124,706.92
236 $124,706.92 $538.89 $0.00 $705.11 $125,950.92
237 $125,950.92 $538.89 $0.00 $712.14 $127,201.95
238 $127,201.95 $538.89 $0.00 $719.22 $128,460.06
239 $128,460.06 $538.89 $0.00 $726.33 $129,725.28
240 $129,725.28 $538.89 $0.00 $733.49 $130,997.66
241 $130,997.66 $538.89 $69,654.37 $740.68 $62,622.86
242 $62,622.86 $538.89 $0.00 $354.08 $63,515.83
243 $63,515.83 $538.89 $0.00 $359.13 $64,413.85
244 $64,413.85 $538.89 $0.00 $364.21 $65,316.95
245 $65,316.95 $538.89 $0.00 $369.31 $66,225.15
246 $66,225.15 $538.89 $0.00 $374.45 $67,138.49
247 $67,138.49 $538.89 $0.00 $379.61 $68,056.99
248 $68,056.99 $538.89 $0.00 $384.80 $68,980.68
249 $68,980.68 $538.89 $0.00 $390.03 $69,909.60
250 $69,909.60 $538.89 $0.00 $395.28 $70,843.77
251 $70,843.77 $538.89 $0.00 $400.56 $71,783.22
252 $71,783.22 $538.89 $0.00 $405.87 $72,727.98
253 $72,727.98 $0.00 $73,137.09 $411.21 $2.10