Savings Plan and Future Cost Estimation for Colby Sawyer College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$168,934
Monthly savings required$1,337

How much will it cost to send your child to Colby Sawyer College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $675,737.99 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,337.26 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$65,145.00
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 Colby Sawyer College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,337.26 $0.00 $0.00 $1,337.26
2 $1,337.26 $1,337.26 $0.00 $7.56 $2,682.08
3 $2,682.08 $1,337.26 $0.00 $15.16 $4,034.50
4 $4,034.50 $1,337.26 $0.00 $22.81 $5,394.57
5 $5,394.57 $1,337.26 $0.00 $30.50 $6,762.33
6 $6,762.33 $1,337.26 $0.00 $38.24 $8,137.83
7 $8,137.83 $1,337.26 $0.00 $46.01 $9,521.10
8 $9,521.10 $1,337.26 $0.00 $53.83 $10,912.19
9 $10,912.19 $1,337.26 $0.00 $61.70 $12,311.15
10 $12,311.15 $1,337.26 $0.00 $69.61 $13,718.02
11 $13,718.02 $1,337.26 $0.00 $77.56 $15,132.84
12 $15,132.84 $1,337.26 $0.00 $85.56 $16,555.66
13 $16,555.66 $1,337.26 $0.00 $93.61 $17,986.53
14 $17,986.53 $1,337.26 $0.00 $101.70 $19,425.49
15 $19,425.49 $1,337.26 $0.00 $109.83 $20,872.58
16 $20,872.58 $1,337.26 $0.00 $118.02 $22,327.86
17 $22,327.86 $1,337.26 $0.00 $126.24 $23,791.36
18 $23,791.36 $1,337.26 $0.00 $134.52 $25,263.14
19 $25,263.14 $1,337.26 $0.00 $142.84 $26,743.24
20 $26,743.24 $1,337.26 $0.00 $151.21 $28,231.71
21 $28,231.71 $1,337.26 $0.00 $159.63 $29,728.60
22 $29,728.60 $1,337.26 $0.00 $168.09 $31,233.95
23 $31,233.95 $1,337.26 $0.00 $176.60 $32,747.81
24 $32,747.81 $1,337.26 $0.00 $185.16 $34,270.23
25 $34,270.23 $1,337.26 $0.00 $193.77 $35,801.26
26 $35,801.26 $1,337.26 $0.00 $202.43 $37,340.95
27 $37,340.95 $1,337.26 $0.00 $211.13 $38,889.34
28 $38,889.34 $1,337.26 $0.00 $219.89 $40,446.49
29 $40,446.49 $1,337.26 $0.00 $228.69 $42,012.44
30 $42,012.44 $1,337.26 $0.00 $237.54 $43,587.24
31 $43,587.24 $1,337.26 $0.00 $246.45 $45,170.95
32 $45,170.95 $1,337.26 $0.00 $255.40 $46,763.61
33 $46,763.61 $1,337.26 $0.00 $264.41 $48,365.28
34 $48,365.28 $1,337.26 $0.00 $273.46 $49,976.00
35 $49,976.00 $1,337.26 $0.00 $282.57 $51,595.83
36 $51,595.83 $1,337.26 $0.00 $291.73 $53,224.82
37 $53,224.82 $1,337.26 $0.00 $300.94 $54,863.02
38 $54,863.02 $1,337.26 $0.00 $310.20 $56,510.48
39 $56,510.48 $1,337.26 $0.00 $319.52 $58,167.26
40 $58,167.26 $1,337.26 $0.00 $328.89 $59,833.41
41 $59,833.41 $1,337.26 $0.00 $338.31 $61,508.98
42 $61,508.98 $1,337.26 $0.00 $347.78 $63,194.02
43 $63,194.02 $1,337.26 $0.00 $357.31 $64,888.59
44 $64,888.59 $1,337.26 $0.00 $366.89 $66,592.74
45 $66,592.74 $1,337.26 $0.00 $376.53 $68,306.53
46 $68,306.53 $1,337.26 $0.00 $386.22 $70,030.01
47 $70,030.01 $1,337.26 $0.00 $395.96 $71,763.23
48 $71,763.23 $1,337.26 $0.00 $405.76 $73,506.25
49 $73,506.25 $1,337.26 $0.00 $415.62 $75,259.13
50 $75,259.13 $1,337.26 $0.00 $425.53 $77,021.92
51 $77,021.92 $1,337.26 $0.00 $435.49 $78,794.67
52 $78,794.67 $1,337.26 $0.00 $445.52 $80,577.45
53 $80,577.45 $1,337.26 $0.00 $455.60 $82,370.31
54 $82,370.31 $1,337.26 $0.00 $465.73 $84,173.30
55 $84,173.30 $1,337.26 $0.00 $475.93 $85,986.49
56 $85,986.49 $1,337.26 $0.00 $486.18 $87,809.93
57 $87,809.93 $1,337.26 $0.00 $496.49 $89,643.68
58 $89,643.68 $1,337.26 $0.00 $506.86 $91,487.80
59 $91,487.80 $1,337.26 $0.00 $517.29 $93,342.35
60 $93,342.35 $1,337.26 $0.00 $527.77 $95,207.38
61 $95,207.38 $1,337.26 $0.00 $538.32 $97,082.96
62 $97,082.96 $1,337.26 $0.00 $548.92 $98,969.14
63 $98,969.14 $1,337.26 $0.00 $559.59 $100,865.99
64 $100,865.99 $1,337.26 $0.00 $570.31 $102,773.56
65 $102,773.56 $1,337.26 $0.00 $581.10 $104,691.92
66 $104,691.92 $1,337.26 $0.00 $591.94 $106,621.12
67 $106,621.12 $1,337.26 $0.00 $602.85 $108,561.23
68 $108,561.23 $1,337.26 $0.00 $613.82 $110,512.31
69 $110,512.31 $1,337.26 $0.00 $624.85 $112,474.42
70 $112,474.42 $1,337.26 $0.00 $635.95 $114,447.63
71 $114,447.63 $1,337.26 $0.00 $647.10 $116,431.99
72 $116,431.99 $1,337.26 $0.00 $658.32 $118,427.57
73 $118,427.57 $1,337.26 $0.00 $669.61 $120,434.44
74 $120,434.44 $1,337.26 $0.00 $680.95 $122,452.65
75 $122,452.65 $1,337.26 $0.00 $692.37 $124,482.28
76 $124,482.28 $1,337.26 $0.00 $703.84 $126,523.38
77 $126,523.38 $1,337.26 $0.00 $715.38 $128,576.02
78 $128,576.02 $1,337.26 $0.00 $726.99 $130,640.27
79 $130,640.27 $1,337.26 $0.00 $738.66 $132,716.19
80 $132,716.19 $1,337.26 $0.00 $750.40 $134,803.85
81 $134,803.85 $1,337.26 $0.00 $762.20 $136,903.31
82 $136,903.31 $1,337.26 $0.00 $774.07 $139,014.64
83 $139,014.64 $1,337.26 $0.00 $786.01 $141,137.91
84 $141,137.91 $1,337.26 $0.00 $798.01 $143,273.18
85 $143,273.18 $1,337.26 $0.00 $810.09 $145,420.53
86 $145,420.53 $1,337.26 $0.00 $822.23 $147,580.02
87 $147,580.02 $1,337.26 $0.00 $834.44 $149,751.72
88 $149,751.72 $1,337.26 $0.00 $846.72 $151,935.70
89 $151,935.70 $1,337.26 $0.00 $859.07 $154,132.03
90 $154,132.03 $1,337.26 $0.00 $871.48 $156,340.77
91 $156,340.77 $1,337.26 $0.00 $883.97 $158,562.00
92 $158,562.00 $1,337.26 $0.00 $896.53 $160,795.79
93 $160,795.79 $1,337.26 $0.00 $909.16 $163,042.21
94 $163,042.21 $1,337.26 $0.00 $921.86 $165,301.33
95 $165,301.33 $1,337.26 $0.00 $934.64 $167,573.23
96 $167,573.23 $1,337.26 $0.00 $947.48 $169,857.97
97 $169,857.97 $1,337.26 $0.00 $960.40 $172,155.63
98 $172,155.63 $1,337.26 $0.00 $973.39 $174,466.28
99 $174,466.28 $1,337.26 $0.00 $986.46 $176,790.00
100 $176,790.00 $1,337.26 $0.00 $999.60 $179,126.86
101 $179,126.86 $1,337.26 $0.00 $1,012.81 $181,476.93
102 $181,476.93 $1,337.26 $0.00 $1,026.10 $183,840.29
103 $183,840.29 $1,337.26 $0.00 $1,039.46 $186,217.01
104 $186,217.01 $1,337.26 $0.00 $1,052.90 $188,607.17
105 $188,607.17 $1,337.26 $0.00 $1,066.41 $191,010.84
106 $191,010.84 $1,337.26 $0.00 $1,080.00 $193,428.10
107 $193,428.10 $1,337.26 $0.00 $1,093.67 $195,859.03
108 $195,859.03 $1,337.26 $0.00 $1,107.42 $198,303.71
109 $198,303.71 $1,337.26 $0.00 $1,121.24 $200,762.21
110 $200,762.21 $1,337.26 $0.00 $1,135.14 $203,234.61
111 $203,234.61 $1,337.26 $0.00 $1,149.12 $205,720.99
112 $205,720.99 $1,337.26 $0.00 $1,163.18 $208,221.43
113 $208,221.43 $1,337.26 $0.00 $1,177.31 $210,736.00
114 $210,736.00 $1,337.26 $0.00 $1,191.53 $213,264.79
115 $213,264.79 $1,337.26 $0.00 $1,205.83 $215,807.88
116 $215,807.88 $1,337.26 $0.00 $1,220.21 $218,365.35
117 $218,365.35 $1,337.26 $0.00 $1,234.67 $220,937.28
118 $220,937.28 $1,337.26 $0.00 $1,249.21 $223,523.75
119 $223,523.75 $1,337.26 $0.00 $1,263.84 $226,124.85
120 $226,124.85 $1,337.26 $0.00 $1,278.54 $228,740.65
121 $228,740.65 $1,337.26 $0.00 $1,293.33 $231,371.24
122 $231,371.24 $1,337.26 $0.00 $1,308.21 $234,016.71
123 $234,016.71 $1,337.26 $0.00 $1,323.16 $236,677.13
124 $236,677.13 $1,337.26 $0.00 $1,338.21 $239,352.60
125 $239,352.60 $1,337.26 $0.00 $1,353.33 $242,043.19
126 $242,043.19 $1,337.26 $0.00 $1,368.55 $244,749.00
127 $244,749.00 $1,337.26 $0.00 $1,383.85 $247,470.11
128 $247,470.11 $1,337.26 $0.00 $1,399.23 $250,206.60
129 $250,206.60 $1,337.26 $0.00 $1,414.70 $252,958.56
130 $252,958.56 $1,337.26 $0.00 $1,430.26 $255,726.08
131 $255,726.08 $1,337.26 $0.00 $1,445.91 $258,509.25
132 $258,509.25 $1,337.26 $0.00 $1,461.65 $261,308.16
133 $261,308.16 $1,337.26 $0.00 $1,477.47 $264,122.89
134 $264,122.89 $1,337.26 $0.00 $1,493.39 $266,953.54
135 $266,953.54 $1,337.26 $0.00 $1,509.39 $269,800.19
136 $269,800.19 $1,337.26 $0.00 $1,525.49 $272,662.94
137 $272,662.94 $1,337.26 $0.00 $1,541.68 $275,541.88
138 $275,541.88 $1,337.26 $0.00 $1,557.95 $278,437.09
139 $278,437.09 $1,337.26 $0.00 $1,574.32 $281,348.67
140 $281,348.67 $1,337.26 $0.00 $1,590.79 $284,276.72
141 $284,276.72 $1,337.26 $0.00 $1,607.34 $287,221.32
142 $287,221.32 $1,337.26 $0.00 $1,623.99 $290,182.57
143 $290,182.57 $1,337.26 $0.00 $1,640.73 $293,160.56
144 $293,160.56 $1,337.26 $0.00 $1,657.57 $296,155.39
145 $296,155.39 $1,337.26 $0.00 $1,674.51 $299,167.16
146 $299,167.16 $1,337.26 $0.00 $1,691.53 $302,195.95
147 $302,195.95 $1,337.26 $0.00 $1,708.66 $305,241.87
148 $305,241.87 $1,337.26 $0.00 $1,725.88 $308,305.01
149 $308,305.01 $1,337.26 $0.00 $1,743.20 $311,385.47
150 $311,385.47 $1,337.26 $0.00 $1,760.62 $314,483.35
151 $314,483.35 $1,337.26 $0.00 $1,778.13 $317,598.74
152 $317,598.74 $1,337.26 $0.00 $1,795.75 $320,731.75
153 $320,731.75 $1,337.26 $0.00 $1,813.46 $323,882.47
154 $323,882.47 $1,337.26 $0.00 $1,831.28 $327,051.01
155 $327,051.01 $1,337.26 $0.00 $1,849.19 $330,237.46
156 $330,237.46 $1,337.26 $0.00 $1,867.21 $333,441.93
157 $333,441.93 $1,337.26 $0.00 $1,885.33 $336,664.52
158 $336,664.52 $1,337.26 $0.00 $1,903.55 $339,905.33
159 $339,905.33 $1,337.26 $0.00 $1,921.87 $343,164.46
160 $343,164.46 $1,337.26 $0.00 $1,940.30 $346,442.02
161 $346,442.02 $1,337.26 $0.00 $1,958.83 $349,738.11
162 $349,738.11 $1,337.26 $0.00 $1,977.47 $353,052.84
163 $353,052.84 $1,337.26 $0.00 $1,996.21 $356,386.31
164 $356,386.31 $1,337.26 $0.00 $2,015.06 $359,738.63
165 $359,738.63 $1,337.26 $0.00 $2,034.01 $363,109.90
166 $363,109.90 $1,337.26 $0.00 $2,053.08 $366,500.24
167 $366,500.24 $1,337.26 $0.00 $2,072.25 $369,909.75
168 $369,909.75 $1,337.26 $0.00 $2,091.52 $373,338.53
169 $373,338.53 $1,337.26 $0.00 $2,110.91 $376,786.70
170 $376,786.70 $1,337.26 $0.00 $2,130.41 $380,254.37
171 $380,254.37 $1,337.26 $0.00 $2,150.01 $383,741.64
172 $383,741.64 $1,337.26 $0.00 $2,169.73 $387,248.63
173 $387,248.63 $1,337.26 $0.00 $2,189.56 $390,775.45
174 $390,775.45 $1,337.26 $0.00 $2,209.50 $394,322.21
175 $394,322.21 $1,337.26 $0.00 $2,229.56 $397,889.03
176 $397,889.03 $1,337.26 $0.00 $2,249.72 $401,476.01
177 $401,476.01 $1,337.26 $0.00 $2,270.00 $405,083.27
178 $405,083.27 $1,337.26 $0.00 $2,290.40 $408,710.93
179 $408,710.93 $1,337.26 $0.00 $2,310.91 $412,359.10
180 $412,359.10 $1,337.26 $0.00 $2,331.54 $416,027.90
181 $416,027.90 $1,337.26 $0.00 $2,352.28 $419,717.44
182 $419,717.44 $1,337.26 $0.00 $2,373.14 $423,427.84
183 $423,427.84 $1,337.26 $0.00 $2,394.12 $427,159.22
184 $427,159.22 $1,337.26 $0.00 $2,415.22 $430,911.70
185 $430,911.70 $1,337.26 $0.00 $2,436.44 $434,685.40
186 $434,685.40 $1,337.26 $0.00 $2,457.77 $438,480.43
187 $438,480.43 $1,337.26 $0.00 $2,479.23 $442,296.92
188 $442,296.92 $1,337.26 $0.00 $2,500.81 $446,134.99
189 $446,134.99 $1,337.26 $0.00 $2,522.51 $449,994.76
190 $449,994.76 $1,337.26 $0.00 $2,544.34 $453,876.36
191 $453,876.36 $1,337.26 $0.00 $2,566.28 $457,779.90
192 $457,779.90 $1,337.26 $0.00 $2,588.35 $461,705.51
193 $461,705.51 $1,337.26 $0.00 $2,610.55 $465,653.32
194 $465,653.32 $1,337.26 $0.00 $2,632.87 $469,623.45
195 $469,623.45 $1,337.26 $0.00 $2,655.32 $473,616.03
196 $473,616.03 $1,337.26 $0.00 $2,677.89 $477,631.18
197 $477,631.18 $1,337.26 $0.00 $2,700.60 $481,669.04
198 $481,669.04 $1,337.26 $0.00 $2,723.43 $485,729.73
199 $485,729.73 $1,337.26 $0.00 $2,746.39 $489,813.38
200 $489,813.38 $1,337.26 $0.00 $2,769.48 $493,920.12
201 $493,920.12 $1,337.26 $0.00 $2,792.70 $498,050.08
202 $498,050.08 $1,337.26 $0.00 $2,816.05 $502,203.39
203 $502,203.39 $1,337.26 $0.00 $2,839.53 $506,380.18
204 $506,380.18 $1,337.26 $0.00 $2,863.15 $510,580.59
205 $510,580.59 $1,337.26 $0.00 $2,886.90 $514,804.75
206 $514,804.75 $1,337.26 $0.00 $2,910.78 $519,052.79
207 $519,052.79 $1,337.26 $0.00 $2,934.80 $523,324.85
208 $523,324.85 $1,337.26 $0.00 $2,958.95 $527,621.06
209 $527,621.06 $1,337.26 $0.00 $2,983.25 $531,941.57
210 $531,941.57 $1,337.26 $0.00 $3,007.67 $536,286.50
211 $536,286.50 $1,337.26 $0.00 $3,032.24 $540,656.00
212 $540,656.00 $1,337.26 $0.00 $3,056.95 $545,050.21
213 $545,050.21 $1,337.26 $0.00 $3,081.79 $549,469.26
214 $549,469.26 $1,337.26 $0.00 $3,106.78 $553,913.30
215 $553,913.30 $1,337.26 $0.00 $3,131.91 $558,382.47
216 $558,382.47 $1,337.26 $0.00 $3,157.18 $562,876.91
217 $562,876.91 $1,337.26 $156,779.21 $3,182.59 $410,617.55
218 $410,617.55 $1,337.26 $0.00 $2,321.69 $414,276.50
219 $414,276.50 $1,337.26 $0.00 $2,342.38 $417,956.14
220 $417,956.14 $1,337.26 $0.00 $2,363.18 $421,656.58
221 $421,656.58 $1,337.26 $0.00 $2,384.11 $425,377.95
222 $425,377.95 $1,337.26 $0.00 $2,405.15 $429,120.36
223 $429,120.36 $1,337.26 $0.00 $2,426.31 $432,883.93
224 $432,883.93 $1,337.26 $0.00 $2,447.59 $436,668.78
225 $436,668.78 $1,337.26 $0.00 $2,468.99 $440,475.03
226 $440,475.03 $1,337.26 $0.00 $2,490.51 $444,302.80
227 $444,302.80 $1,337.26 $0.00 $2,512.15 $448,152.21
228 $448,152.21 $1,337.26 $0.00 $2,533.92 $452,023.39
229 $452,023.39 $1,337.26 $164,618.17 $2,555.81 $291,298.29
230 $291,298.29 $1,337.26 $0.00 $1,647.04 $294,282.59
231 $294,282.59 $1,337.26 $0.00 $1,663.92 $297,283.77
232 $297,283.77 $1,337.26 $0.00 $1,680.89 $300,301.92
233 $300,301.92 $1,337.26 $0.00 $1,697.95 $303,337.13
234 $303,337.13 $1,337.26 $0.00 $1,715.11 $306,389.50
235 $306,389.50 $1,337.26 $0.00 $1,732.37 $309,459.13
236 $309,459.13 $1,337.26 $0.00 $1,749.73 $312,546.12
237 $312,546.12 $1,337.26 $0.00 $1,767.18 $315,650.56
238 $315,650.56 $1,337.26 $0.00 $1,784.73 $318,772.55
239 $318,772.55 $1,337.26 $0.00 $1,802.39 $321,912.20
240 $321,912.20 $1,337.26 $0.00 $1,820.14 $325,069.60
241 $325,069.60 $1,337.26 $172,849.08 $1,837.99 $155,395.77
242 $155,395.77 $1,337.26 $0.00 $878.63 $157,611.66
243 $157,611.66 $1,337.26 $0.00 $891.16 $159,840.08
244 $159,840.08 $1,337.26 $0.00 $903.76 $162,081.10
245 $162,081.10 $1,337.26 $0.00 $916.43 $164,334.79
246 $164,334.79 $1,337.26 $0.00 $929.17 $166,601.22
247 $166,601.22 $1,337.26 $0.00 $941.99 $168,880.47
248 $168,880.47 $1,337.26 $0.00 $954.87 $171,172.60
249 $171,172.60 $1,337.26 $0.00 $967.83 $173,477.69
250 $173,477.69 $1,337.26 $0.00 $980.87 $175,795.82
251 $175,795.82 $1,337.26 $0.00 $993.98 $178,127.06
252 $178,127.06 $1,337.26 $0.00 $1,007.16 $180,471.48
253 $180,471.48 $0.00 $181,491.53 $1,020.41 $0.36