Savings Plan and Future Cost Estimation for CUNY Queensborough Community College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$73,155
Monthly savings required$325

How much will it cost to send your child to CUNY Queensborough Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $146,309.93 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $325.13 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$29,656.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $325.13 $0.00 $0.00 $325.13
2 $325.13 $325.13 $0.00 $1.84 $652.10
3 $652.10 $325.13 $0.00 $3.69 $980.92
4 $980.92 $325.13 $0.00 $5.55 $1,311.60
5 $1,311.60 $325.13 $0.00 $7.42 $1,644.15
6 $1,644.15 $325.13 $0.00 $9.30 $1,978.58
7 $1,978.58 $325.13 $0.00 $11.19 $2,314.90
8 $2,314.90 $325.13 $0.00 $13.09 $2,653.12
9 $2,653.12 $325.13 $0.00 $15.00 $2,993.25
10 $2,993.25 $325.13 $0.00 $16.92 $3,335.30
11 $3,335.30 $325.13 $0.00 $18.86 $3,679.29
12 $3,679.29 $325.13 $0.00 $20.80 $4,025.22
13 $4,025.22 $325.13 $0.00 $22.76 $4,373.11
14 $4,373.11 $325.13 $0.00 $24.73 $4,722.97
15 $4,722.97 $325.13 $0.00 $26.70 $5,074.80
16 $5,074.80 $325.13 $0.00 $28.69 $5,428.62
17 $5,428.62 $325.13 $0.00 $30.69 $5,784.44
18 $5,784.44 $325.13 $0.00 $32.71 $6,142.28
19 $6,142.28 $325.13 $0.00 $34.73 $6,502.14
20 $6,502.14 $325.13 $0.00 $36.76 $6,864.03
21 $6,864.03 $325.13 $0.00 $38.81 $7,227.97
22 $7,227.97 $325.13 $0.00 $40.87 $7,593.97
23 $7,593.97 $325.13 $0.00 $42.94 $7,962.04
24 $7,962.04 $325.13 $0.00 $45.02 $8,332.19
25 $8,332.19 $325.13 $0.00 $47.11 $8,704.43
26 $8,704.43 $325.13 $0.00 $49.22 $9,078.78
27 $9,078.78 $325.13 $0.00 $51.33 $9,455.24
28 $9,455.24 $325.13 $0.00 $53.46 $9,833.83
29 $9,833.83 $325.13 $0.00 $55.60 $10,214.56
30 $10,214.56 $325.13 $0.00 $57.75 $10,597.44
31 $10,597.44 $325.13 $0.00 $59.92 $10,982.49
32 $10,982.49 $325.13 $0.00 $62.10 $11,369.72
33 $11,369.72 $325.13 $0.00 $64.29 $11,759.14
34 $11,759.14 $325.13 $0.00 $66.49 $12,150.76
35 $12,150.76 $325.13 $0.00 $68.70 $12,544.59
36 $12,544.59 $325.13 $0.00 $70.93 $12,940.65
37 $12,940.65 $325.13 $0.00 $73.17 $13,338.95
38 $13,338.95 $325.13 $0.00 $75.42 $13,739.50
39 $13,739.50 $325.13 $0.00 $77.69 $14,142.32
40 $14,142.32 $325.13 $0.00 $79.96 $14,547.41
41 $14,547.41 $325.13 $0.00 $82.25 $14,954.79
42 $14,954.79 $325.13 $0.00 $84.56 $15,364.48
43 $15,364.48 $325.13 $0.00 $86.87 $15,776.48
44 $15,776.48 $325.13 $0.00 $89.20 $16,190.81
45 $16,190.81 $325.13 $0.00 $91.55 $16,607.49
46 $16,607.49 $325.13 $0.00 $93.90 $17,026.52
47 $17,026.52 $325.13 $0.00 $96.27 $17,447.92
48 $17,447.92 $325.13 $0.00 $98.65 $17,871.70
49 $17,871.70 $325.13 $0.00 $101.05 $18,297.88
50 $18,297.88 $325.13 $0.00 $103.46 $18,726.47
51 $18,726.47 $325.13 $0.00 $105.88 $19,157.48
52 $19,157.48 $325.13 $0.00 $108.32 $19,590.93
53 $19,590.93 $325.13 $0.00 $110.77 $20,026.83
54 $20,026.83 $325.13 $0.00 $113.23 $20,465.19
55 $20,465.19 $325.13 $0.00 $115.71 $20,906.03
56 $20,906.03 $325.13 $0.00 $118.21 $21,349.37
57 $21,349.37 $325.13 $0.00 $120.71 $21,795.21
58 $21,795.21 $325.13 $0.00 $123.23 $22,243.57
59 $22,243.57 $325.13 $0.00 $125.77 $22,694.47
60 $22,694.47 $325.13 $0.00 $128.32 $23,147.92
61 $23,147.92 $325.13 $0.00 $130.88 $23,603.93
62 $23,603.93 $325.13 $0.00 $133.46 $24,062.52
63 $24,062.52 $325.13 $0.00 $136.05 $24,523.70
64 $24,523.70 $325.13 $0.00 $138.66 $24,987.49
65 $24,987.49 $325.13 $0.00 $141.28 $25,453.90
66 $25,453.90 $325.13 $0.00 $143.92 $25,922.95
67 $25,922.95 $325.13 $0.00 $146.57 $26,394.65
68 $26,394.65 $325.13 $0.00 $149.24 $26,869.02
69 $26,869.02 $325.13 $0.00 $151.92 $27,346.07
70 $27,346.07 $325.13 $0.00 $154.62 $27,825.82
71 $27,825.82 $325.13 $0.00 $157.33 $28,308.28
72 $28,308.28 $325.13 $0.00 $160.06 $28,793.47
73 $28,793.47 $325.13 $0.00 $162.80 $29,281.40
74 $29,281.40 $325.13 $0.00 $165.56 $29,772.09
75 $29,772.09 $325.13 $0.00 $168.34 $30,265.56
76 $30,265.56 $325.13 $0.00 $171.13 $30,761.82
77 $30,761.82 $325.13 $0.00 $173.93 $31,260.88
78 $31,260.88 $325.13 $0.00 $176.75 $31,762.76
79 $31,762.76 $325.13 $0.00 $179.59 $32,267.48
80 $32,267.48 $325.13 $0.00 $182.45 $32,775.06
81 $32,775.06 $325.13 $0.00 $185.31 $33,285.50
82 $33,285.50 $325.13 $0.00 $188.20 $33,798.83
83 $33,798.83 $325.13 $0.00 $191.10 $34,315.06
84 $34,315.06 $325.13 $0.00 $194.02 $34,834.21
85 $34,834.21 $325.13 $0.00 $196.96 $35,356.30
86 $35,356.30 $325.13 $0.00 $199.91 $35,881.34
87 $35,881.34 $325.13 $0.00 $202.88 $36,409.35
88 $36,409.35 $325.13 $0.00 $205.86 $36,940.34
89 $36,940.34 $325.13 $0.00 $208.87 $37,474.34
90 $37,474.34 $325.13 $0.00 $211.89 $38,011.36
91 $38,011.36 $325.13 $0.00 $214.92 $38,551.41
92 $38,551.41 $325.13 $0.00 $217.98 $39,094.52
93 $39,094.52 $325.13 $0.00 $221.05 $39,640.70
94 $39,640.70 $325.13 $0.00 $224.13 $40,189.96
95 $40,189.96 $325.13 $0.00 $227.24 $40,742.33
96 $40,742.33 $325.13 $0.00 $230.36 $41,297.82
97 $41,297.82 $325.13 $0.00 $233.50 $41,856.45
98 $41,856.45 $325.13 $0.00 $236.66 $42,418.24
99 $42,418.24 $325.13 $0.00 $239.84 $42,983.21
100 $42,983.21 $325.13 $0.00 $243.03 $43,551.37
101 $43,551.37 $325.13 $0.00 $246.25 $44,122.75
102 $44,122.75 $325.13 $0.00 $249.48 $44,697.36
103 $44,697.36 $325.13 $0.00 $252.73 $45,275.22
104 $45,275.22 $325.13 $0.00 $255.99 $45,856.34
105 $45,856.34 $325.13 $0.00 $259.28 $46,440.75
106 $46,440.75 $325.13 $0.00 $262.58 $47,028.46
107 $47,028.46 $325.13 $0.00 $265.91 $47,619.50
108 $47,619.50 $325.13 $0.00 $269.25 $48,213.88
109 $48,213.88 $325.13 $0.00 $272.61 $48,811.62
110 $48,811.62 $325.13 $0.00 $275.99 $49,412.74
111 $49,412.74 $325.13 $0.00 $279.39 $50,017.26
112 $50,017.26 $325.13 $0.00 $282.80 $50,625.19
113 $50,625.19 $325.13 $0.00 $286.24 $51,236.56
114 $51,236.56 $325.13 $0.00 $289.70 $51,851.39
115 $51,851.39 $325.13 $0.00 $293.18 $52,469.70
116 $52,469.70 $325.13 $0.00 $296.67 $53,091.50
117 $53,091.50 $325.13 $0.00 $300.19 $53,716.82
118 $53,716.82 $325.13 $0.00 $303.72 $54,345.67
119 $54,345.67 $325.13 $0.00 $307.28 $54,978.08
120 $54,978.08 $325.13 $0.00 $310.85 $55,614.06
121 $55,614.06 $325.13 $0.00 $314.45 $56,253.64
122 $56,253.64 $325.13 $0.00 $318.07 $56,896.84
123 $56,896.84 $325.13 $0.00 $321.70 $57,543.67
124 $57,543.67 $325.13 $0.00 $325.36 $58,194.16
125 $58,194.16 $325.13 $0.00 $329.04 $58,848.33
126 $58,848.33 $325.13 $0.00 $332.74 $59,506.20
127 $59,506.20 $325.13 $0.00 $336.46 $60,167.79
128 $60,167.79 $325.13 $0.00 $340.20 $60,833.12
129 $60,833.12 $325.13 $0.00 $343.96 $61,502.21
130 $61,502.21 $325.13 $0.00 $347.74 $62,175.08
131 $62,175.08 $325.13 $0.00 $351.55 $62,851.76
132 $62,851.76 $325.13 $0.00 $355.37 $63,532.26
133 $63,532.26 $325.13 $0.00 $359.22 $64,216.61
134 $64,216.61 $325.13 $0.00 $363.09 $64,904.83
135 $64,904.83 $325.13 $0.00 $366.98 $65,596.94
136 $65,596.94 $325.13 $0.00 $370.89 $66,292.96
137 $66,292.96 $325.13 $0.00 $374.83 $66,992.92
138 $66,992.92 $325.13 $0.00 $378.79 $67,696.84
139 $67,696.84 $325.13 $0.00 $382.77 $68,404.74
140 $68,404.74 $325.13 $0.00 $386.77 $69,116.64
141 $69,116.64 $325.13 $0.00 $390.80 $69,832.57
142 $69,832.57 $325.13 $0.00 $394.84 $70,552.54
143 $70,552.54 $325.13 $0.00 $398.91 $71,276.58
144 $71,276.58 $325.13 $0.00 $403.01 $72,004.72
145 $72,004.72 $325.13 $0.00 $407.13 $72,736.98
146 $72,736.98 $325.13 $0.00 $411.27 $73,473.38
147 $73,473.38 $325.13 $0.00 $415.43 $74,213.94
148 $74,213.94 $325.13 $0.00 $419.62 $74,958.69
149 $74,958.69 $325.13 $0.00 $423.83 $75,707.65
150 $75,707.65 $325.13 $0.00 $428.06 $76,460.84
151 $76,460.84 $325.13 $0.00 $432.32 $77,218.29
152 $77,218.29 $325.13 $0.00 $436.60 $77,980.02
153 $77,980.02 $325.13 $0.00 $440.91 $78,746.06
154 $78,746.06 $325.13 $0.00 $445.24 $79,516.43
155 $79,516.43 $325.13 $0.00 $449.60 $80,291.16
156 $80,291.16 $325.13 $0.00 $453.98 $81,070.27
157 $81,070.27 $325.13 $0.00 $458.38 $81,853.78
158 $81,853.78 $325.13 $0.00 $462.81 $82,641.72
159 $82,641.72 $325.13 $0.00 $467.27 $83,434.12
160 $83,434.12 $325.13 $0.00 $471.75 $84,231.00
161 $84,231.00 $325.13 $0.00 $476.25 $85,032.38
162 $85,032.38 $325.13 $0.00 $480.79 $85,838.30
163 $85,838.30 $325.13 $0.00 $485.34 $86,648.77
164 $86,648.77 $325.13 $0.00 $489.92 $87,463.82
165 $87,463.82 $325.13 $0.00 $494.53 $88,283.48
166 $88,283.48 $325.13 $0.00 $499.17 $89,107.78
167 $89,107.78 $325.13 $0.00 $503.83 $89,936.74
168 $89,936.74 $325.13 $0.00 $508.52 $90,770.39
169 $90,770.39 $325.13 $0.00 $513.23 $91,608.75
170 $91,608.75 $325.13 $0.00 $517.97 $92,451.85
171 $92,451.85 $325.13 $0.00 $522.74 $93,299.72
172 $93,299.72 $325.13 $0.00 $527.53 $94,152.38
173 $94,152.38 $325.13 $0.00 $532.35 $95,009.86
174 $95,009.86 $325.13 $0.00 $537.20 $95,872.19
175 $95,872.19 $325.13 $0.00 $542.08 $96,739.40
176 $96,739.40 $325.13 $0.00 $546.98 $97,611.51
177 $97,611.51 $325.13 $0.00 $551.91 $98,488.55
178 $98,488.55 $325.13 $0.00 $556.87 $99,370.55
179 $99,370.55 $325.13 $0.00 $561.86 $100,257.54
180 $100,257.54 $325.13 $0.00 $566.87 $101,149.54
181 $101,149.54 $325.13 $0.00 $571.91 $102,046.58
182 $102,046.58 $325.13 $0.00 $576.99 $102,948.70
183 $102,948.70 $325.13 $0.00 $582.09 $103,855.92
184 $103,855.92 $325.13 $0.00 $587.22 $104,768.27
185 $104,768.27 $325.13 $0.00 $592.38 $105,685.78
186 $105,685.78 $325.13 $0.00 $597.56 $106,608.47
187 $106,608.47 $325.13 $0.00 $602.78 $107,536.38
188 $107,536.38 $325.13 $0.00 $608.03 $108,469.54
189 $108,469.54 $325.13 $0.00 $613.30 $109,407.97
190 $109,407.97 $325.13 $0.00 $618.61 $110,351.71
191 $110,351.71 $325.13 $0.00 $623.94 $111,300.78
192 $111,300.78 $325.13 $0.00 $629.31 $112,255.22
193 $112,255.22 $325.13 $0.00 $634.71 $113,215.06
194 $113,215.06 $325.13 $0.00 $640.13 $114,180.32
195 $114,180.32 $325.13 $0.00 $645.59 $115,151.04
196 $115,151.04 $325.13 $0.00 $651.08 $116,127.25
197 $116,127.25 $325.13 $0.00 $656.60 $117,108.98
198 $117,108.98 $325.13 $0.00 $662.15 $118,096.26
199 $118,096.26 $325.13 $0.00 $667.73 $119,089.12
200 $119,089.12 $325.13 $0.00 $673.35 $120,087.60
201 $120,087.60 $325.13 $0.00 $678.99 $121,091.72
202 $121,091.72 $325.13 $0.00 $684.67 $122,101.52
203 $122,101.52 $325.13 $0.00 $690.38 $123,117.03
204 $123,117.03 $325.13 $0.00 $696.12 $124,138.28
205 $124,138.28 $325.13 $0.00 $701.90 $125,165.31
206 $125,165.31 $325.13 $0.00 $707.70 $126,198.14
207 $126,198.14 $325.13 $0.00 $713.54 $127,236.81
208 $127,236.81 $325.13 $0.00 $719.42 $128,281.36
209 $128,281.36 $325.13 $0.00 $725.32 $129,331.81
210 $129,331.81 $325.13 $0.00 $731.26 $130,388.20
211 $130,388.20 $325.13 $0.00 $737.23 $131,450.56
212 $131,450.56 $325.13 $0.00 $743.24 $132,518.93
213 $132,518.93 $325.13 $0.00 $749.28 $133,593.34
214 $133,593.34 $325.13 $0.00 $755.36 $134,673.83
215 $134,673.83 $325.13 $0.00 $761.47 $135,760.43
216 $135,760.43 $325.13 $0.00 $767.61 $136,853.17
217 $136,853.17 $325.13 $71,370.70 $773.79 $66,581.39
218 $66,581.39 $325.13 $0.00 $376.46 $67,282.98
219 $67,282.98 $325.13 $0.00 $380.43 $67,988.54
220 $67,988.54 $325.13 $0.00 $384.42 $68,698.09
221 $68,698.09 $325.13 $0.00 $388.43 $69,411.65
222 $69,411.65 $325.13 $0.00 $392.46 $70,129.24
223 $70,129.24 $325.13 $0.00 $396.52 $70,850.89
224 $70,850.89 $325.13 $0.00 $400.60 $71,576.62
225 $71,576.62 $325.13 $0.00 $404.70 $72,306.45
226 $72,306.45 $325.13 $0.00 $408.83 $73,040.41
227 $73,040.41 $325.13 $0.00 $412.98 $73,778.52
228 $73,778.52 $325.13 $0.00 $417.15 $74,520.80
229 $74,520.80 $0.00 $74,939.23 $421.35 $2.92