Savings Plan and Future Cost Estimation for The Juilliard School

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$186,140
Monthly savings required$1,473

How much will it cost to send your child to The Juilliard School in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $744,561.72 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,473.47 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$71,780.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,473.47 $0.00 $0.00 $1,473.47
2 $1,473.47 $1,473.47 $0.00 $8.33 $2,955.27
3 $2,955.27 $1,473.47 $0.00 $16.71 $4,445.45
4 $4,445.45 $1,473.47 $0.00 $25.14 $5,944.06
5 $5,944.06 $1,473.47 $0.00 $33.61 $7,451.14
6 $7,451.14 $1,473.47 $0.00 $42.13 $8,966.74
7 $8,966.74 $1,473.47 $0.00 $50.70 $10,490.91
8 $10,490.91 $1,473.47 $0.00 $59.32 $12,023.70
9 $12,023.70 $1,473.47 $0.00 $67.98 $13,565.15
10 $13,565.15 $1,473.47 $0.00 $76.70 $15,115.32
11 $15,115.32 $1,473.47 $0.00 $85.46 $16,674.25
12 $16,674.25 $1,473.47 $0.00 $94.28 $18,242.00
13 $18,242.00 $1,473.47 $0.00 $103.14 $19,818.61
14 $19,818.61 $1,473.47 $0.00 $112.06 $21,404.14
15 $21,404.14 $1,473.47 $0.00 $121.02 $22,998.63
16 $22,998.63 $1,473.47 $0.00 $130.04 $24,602.14
17 $24,602.14 $1,473.47 $0.00 $139.10 $26,214.71
18 $26,214.71 $1,473.47 $0.00 $148.22 $27,836.40
19 $27,836.40 $1,473.47 $0.00 $157.39 $29,467.26
20 $29,467.26 $1,473.47 $0.00 $166.61 $31,107.34
21 $31,107.34 $1,473.47 $0.00 $175.89 $32,756.70
22 $32,756.70 $1,473.47 $0.00 $185.21 $34,415.38
23 $34,415.38 $1,473.47 $0.00 $194.59 $36,083.44
24 $36,083.44 $1,473.47 $0.00 $204.02 $37,760.93
25 $37,760.93 $1,473.47 $0.00 $213.51 $39,447.91
26 $39,447.91 $1,473.47 $0.00 $223.04 $41,144.42
27 $41,144.42 $1,473.47 $0.00 $232.64 $42,850.53
28 $42,850.53 $1,473.47 $0.00 $242.28 $44,566.28
29 $44,566.28 $1,473.47 $0.00 $251.98 $46,291.73
30 $46,291.73 $1,473.47 $0.00 $261.74 $48,026.94
31 $48,026.94 $1,473.47 $0.00 $271.55 $49,771.96
32 $49,771.96 $1,473.47 $0.00 $281.42 $51,526.85
33 $51,526.85 $1,473.47 $0.00 $291.34 $53,291.66
34 $53,291.66 $1,473.47 $0.00 $301.32 $55,066.45
35 $55,066.45 $1,473.47 $0.00 $311.35 $56,851.27
36 $56,851.27 $1,473.47 $0.00 $321.45 $58,646.19
37 $58,646.19 $1,473.47 $0.00 $331.59 $60,451.25
38 $60,451.25 $1,473.47 $0.00 $341.80 $62,266.52
39 $62,266.52 $1,473.47 $0.00 $352.06 $64,092.05
40 $64,092.05 $1,473.47 $0.00 $362.39 $65,927.91
41 $65,927.91 $1,473.47 $0.00 $372.77 $67,774.15
42 $67,774.15 $1,473.47 $0.00 $383.20 $69,630.82
43 $69,630.82 $1,473.47 $0.00 $393.70 $71,497.99
44 $71,497.99 $1,473.47 $0.00 $404.26 $73,375.72
45 $73,375.72 $1,473.47 $0.00 $414.88 $75,264.07
46 $75,264.07 $1,473.47 $0.00 $425.55 $77,163.09
47 $77,163.09 $1,473.47 $0.00 $436.29 $79,072.85
48 $79,072.85 $1,473.47 $0.00 $447.09 $80,993.41
49 $80,993.41 $1,473.47 $0.00 $457.95 $82,924.83
50 $82,924.83 $1,473.47 $0.00 $468.87 $84,867.17
51 $84,867.17 $1,473.47 $0.00 $479.85 $86,820.49
52 $86,820.49 $1,473.47 $0.00 $490.90 $88,784.86
53 $88,784.86 $1,473.47 $0.00 $502.00 $90,760.33
54 $90,760.33 $1,473.47 $0.00 $513.17 $92,746.97
55 $92,746.97 $1,473.47 $0.00 $524.40 $94,744.84
56 $94,744.84 $1,473.47 $0.00 $535.70 $96,754.01
57 $96,754.01 $1,473.47 $0.00 $547.06 $98,774.54
58 $98,774.54 $1,473.47 $0.00 $558.49 $100,806.50
59 $100,806.50 $1,473.47 $0.00 $569.97 $102,849.94
60 $102,849.94 $1,473.47 $0.00 $581.53 $104,904.94
61 $104,904.94 $1,473.47 $0.00 $593.15 $106,971.56
62 $106,971.56 $1,473.47 $0.00 $604.83 $109,049.86
63 $109,049.86 $1,473.47 $0.00 $616.58 $111,139.91
64 $111,139.91 $1,473.47 $0.00 $628.40 $113,241.78
65 $113,241.78 $1,473.47 $0.00 $640.29 $115,355.54
66 $115,355.54 $1,473.47 $0.00 $652.24 $117,481.25
67 $117,481.25 $1,473.47 $0.00 $664.26 $119,618.98
68 $119,618.98 $1,473.47 $0.00 $676.34 $121,768.79
69 $121,768.79 $1,473.47 $0.00 $688.50 $123,930.76
70 $123,930.76 $1,473.47 $0.00 $700.72 $126,104.95
71 $126,104.95 $1,473.47 $0.00 $713.02 $128,291.44
72 $128,291.44 $1,473.47 $0.00 $725.38 $130,490.29
73 $130,490.29 $1,473.47 $0.00 $737.81 $132,701.57
74 $132,701.57 $1,473.47 $0.00 $750.31 $134,925.35
75 $134,925.35 $1,473.47 $0.00 $762.89 $137,161.71
76 $137,161.71 $1,473.47 $0.00 $775.53 $139,410.71
77 $139,410.71 $1,473.47 $0.00 $788.25 $141,672.43
78 $141,672.43 $1,473.47 $0.00 $801.04 $143,946.94
79 $143,946.94 $1,473.47 $0.00 $813.90 $146,234.31
80 $146,234.31 $1,473.47 $0.00 $826.83 $148,534.61
81 $148,534.61 $1,473.47 $0.00 $839.84 $150,847.92
82 $150,847.92 $1,473.47 $0.00 $852.92 $153,174.31
83 $153,174.31 $1,473.47 $0.00 $866.07 $155,513.85
84 $155,513.85 $1,473.47 $0.00 $879.30 $157,866.62
85 $157,866.62 $1,473.47 $0.00 $892.60 $160,232.69
86 $160,232.69 $1,473.47 $0.00 $905.98 $162,612.14
87 $162,612.14 $1,473.47 $0.00 $919.43 $165,005.04
88 $165,005.04 $1,473.47 $0.00 $932.96 $167,411.47
89 $167,411.47 $1,473.47 $0.00 $946.57 $169,831.51
90 $169,831.51 $1,473.47 $0.00 $960.25 $172,265.23
91 $172,265.23 $1,473.47 $0.00 $974.01 $174,712.71
92 $174,712.71 $1,473.47 $0.00 $987.85 $177,174.03
93 $177,174.03 $1,473.47 $0.00 $1,001.77 $179,649.27
94 $179,649.27 $1,473.47 $0.00 $1,015.76 $182,138.50
95 $182,138.50 $1,473.47 $0.00 $1,029.84 $184,641.81
96 $184,641.81 $1,473.47 $0.00 $1,043.99 $187,159.27
97 $187,159.27 $1,473.47 $0.00 $1,058.23 $189,690.97
98 $189,690.97 $1,473.47 $0.00 $1,072.54 $192,236.98
99 $192,236.98 $1,473.47 $0.00 $1,086.94 $194,797.39
100 $194,797.39 $1,473.47 $0.00 $1,101.41 $197,372.27
101 $197,372.27 $1,473.47 $0.00 $1,115.97 $199,961.71
102 $199,961.71 $1,473.47 $0.00 $1,130.61 $202,565.79
103 $202,565.79 $1,473.47 $0.00 $1,145.34 $205,184.60
104 $205,184.60 $1,473.47 $0.00 $1,160.14 $207,818.21
105 $207,818.21 $1,473.47 $0.00 $1,175.03 $210,466.71
106 $210,466.71 $1,473.47 $0.00 $1,190.01 $213,130.19
107 $213,130.19 $1,473.47 $0.00 $1,205.07 $215,808.73
108 $215,808.73 $1,473.47 $0.00 $1,220.21 $218,502.41
109 $218,502.41 $1,473.47 $0.00 $1,235.44 $221,211.32
110 $221,211.32 $1,473.47 $0.00 $1,250.76 $223,935.55
111 $223,935.55 $1,473.47 $0.00 $1,266.16 $226,675.18
112 $226,675.18 $1,473.47 $0.00 $1,281.65 $229,430.30
113 $229,430.30 $1,473.47 $0.00 $1,297.23 $232,201.00
114 $232,201.00 $1,473.47 $0.00 $1,312.90 $234,987.37
115 $234,987.37 $1,473.47 $0.00 $1,328.65 $237,789.49
116 $237,789.49 $1,473.47 $0.00 $1,344.50 $240,607.46
117 $240,607.46 $1,473.47 $0.00 $1,360.43 $243,441.36
118 $243,441.36 $1,473.47 $0.00 $1,376.45 $246,291.28
119 $246,291.28 $1,473.47 $0.00 $1,392.57 $249,157.32
120 $249,157.32 $1,473.47 $0.00 $1,408.77 $252,039.56
121 $252,039.56 $1,473.47 $0.00 $1,425.07 $254,938.10
122 $254,938.10 $1,473.47 $0.00 $1,441.46 $257,853.03
123 $257,853.03 $1,473.47 $0.00 $1,457.94 $260,784.44
124 $260,784.44 $1,473.47 $0.00 $1,474.51 $263,732.42
125 $263,732.42 $1,473.47 $0.00 $1,491.18 $266,697.07
126 $266,697.07 $1,473.47 $0.00 $1,507.94 $269,678.48
127 $269,678.48 $1,473.47 $0.00 $1,524.80 $272,676.75
128 $272,676.75 $1,473.47 $0.00 $1,541.75 $275,691.97
129 $275,691.97 $1,473.47 $0.00 $1,558.80 $278,724.24
130 $278,724.24 $1,473.47 $0.00 $1,575.95 $281,773.66
131 $281,773.66 $1,473.47 $0.00 $1,593.19 $284,840.32
132 $284,840.32 $1,473.47 $0.00 $1,610.53 $287,924.32
133 $287,924.32 $1,473.47 $0.00 $1,627.97 $291,025.76
134 $291,025.76 $1,473.47 $0.00 $1,645.50 $294,144.73
135 $294,144.73 $1,473.47 $0.00 $1,663.14 $297,281.34
136 $297,281.34 $1,473.47 $0.00 $1,680.87 $300,435.68
137 $300,435.68 $1,473.47 $0.00 $1,698.71 $303,607.86
138 $303,607.86 $1,473.47 $0.00 $1,716.64 $306,797.97
139 $306,797.97 $1,473.47 $0.00 $1,734.68 $310,006.12
140 $310,006.12 $1,473.47 $0.00 $1,752.82 $313,232.41
141 $313,232.41 $1,473.47 $0.00 $1,771.06 $316,476.94
142 $316,476.94 $1,473.47 $0.00 $1,789.41 $319,739.82
143 $319,739.82 $1,473.47 $0.00 $1,807.86 $323,021.15
144 $323,021.15 $1,473.47 $0.00 $1,826.41 $326,321.03
145 $326,321.03 $1,473.47 $0.00 $1,845.07 $329,639.57
146 $329,639.57 $1,473.47 $0.00 $1,863.83 $332,976.87
147 $332,976.87 $1,473.47 $0.00 $1,882.70 $336,333.04
148 $336,333.04 $1,473.47 $0.00 $1,901.68 $339,708.19
149 $339,708.19 $1,473.47 $0.00 $1,920.76 $343,102.42
150 $343,102.42 $1,473.47 $0.00 $1,939.95 $346,515.84
151 $346,515.84 $1,473.47 $0.00 $1,959.25 $349,948.56
152 $349,948.56 $1,473.47 $0.00 $1,978.66 $353,400.69
153 $353,400.69 $1,473.47 $0.00 $1,998.18 $356,872.34
154 $356,872.34 $1,473.47 $0.00 $2,017.81 $360,363.62
155 $360,363.62 $1,473.47 $0.00 $2,037.55 $363,874.64
156 $363,874.64 $1,473.47 $0.00 $2,057.40 $367,405.51
157 $367,405.51 $1,473.47 $0.00 $2,077.36 $370,956.34
158 $370,956.34 $1,473.47 $0.00 $2,097.44 $374,527.25
159 $374,527.25 $1,473.47 $0.00 $2,117.63 $378,118.35
160 $378,118.35 $1,473.47 $0.00 $2,137.94 $381,729.76
161 $381,729.76 $1,473.47 $0.00 $2,158.36 $385,361.59
162 $385,361.59 $1,473.47 $0.00 $2,178.89 $389,013.95
163 $389,013.95 $1,473.47 $0.00 $2,199.54 $392,686.96
164 $392,686.96 $1,473.47 $0.00 $2,220.31 $396,380.74
165 $396,380.74 $1,473.47 $0.00 $2,241.19 $400,095.40
166 $400,095.40 $1,473.47 $0.00 $2,262.20 $403,831.07
167 $403,831.07 $1,473.47 $0.00 $2,283.32 $407,587.86
168 $407,587.86 $1,473.47 $0.00 $2,304.56 $411,365.89
169 $411,365.89 $1,473.47 $0.00 $2,325.92 $415,165.28
170 $415,165.28 $1,473.47 $0.00 $2,347.40 $418,986.15
171 $418,986.15 $1,473.47 $0.00 $2,369.01 $422,828.63
172 $422,828.63 $1,473.47 $0.00 $2,390.73 $426,692.83
173 $426,692.83 $1,473.47 $0.00 $2,412.58 $430,578.88
174 $430,578.88 $1,473.47 $0.00 $2,434.56 $434,486.91
175 $434,486.91 $1,473.47 $0.00 $2,456.65 $438,417.03
176 $438,417.03 $1,473.47 $0.00 $2,478.87 $442,369.37
177 $442,369.37 $1,473.47 $0.00 $2,501.22 $446,344.06
178 $446,344.06 $1,473.47 $0.00 $2,523.69 $450,341.22
179 $450,341.22 $1,473.47 $0.00 $2,546.29 $454,360.98
180 $454,360.98 $1,473.47 $0.00 $2,569.02 $458,403.47
181 $458,403.47 $1,473.47 $0.00 $2,591.88 $462,468.82
182 $462,468.82 $1,473.47 $0.00 $2,614.87 $466,557.16
183 $466,557.16 $1,473.47 $0.00 $2,637.98 $470,668.61
184 $470,668.61 $1,473.47 $0.00 $2,661.23 $474,803.31
185 $474,803.31 $1,473.47 $0.00 $2,684.61 $478,961.39
186 $478,961.39 $1,473.47 $0.00 $2,708.12 $483,142.98
187 $483,142.98 $1,473.47 $0.00 $2,731.76 $487,348.21
188 $487,348.21 $1,473.47 $0.00 $2,755.54 $491,577.22
189 $491,577.22 $1,473.47 $0.00 $2,779.45 $495,830.14
190 $495,830.14 $1,473.47 $0.00 $2,803.50 $500,107.11
191 $500,107.11 $1,473.47 $0.00 $2,827.68 $504,408.26
192 $504,408.26 $1,473.47 $0.00 $2,852.00 $508,733.73
193 $508,733.73 $1,473.47 $0.00 $2,876.45 $513,083.65
194 $513,083.65 $1,473.47 $0.00 $2,901.05 $517,458.17
195 $517,458.17 $1,473.47 $0.00 $2,925.78 $521,857.42
196 $521,857.42 $1,473.47 $0.00 $2,950.66 $526,281.55
197 $526,281.55 $1,473.47 $0.00 $2,975.67 $530,730.69
198 $530,730.69 $1,473.47 $0.00 $3,000.83 $535,204.99
199 $535,204.99 $1,473.47 $0.00 $3,026.13 $539,704.59
200 $539,704.59 $1,473.47 $0.00 $3,051.57 $544,229.63
201 $544,229.63 $1,473.47 $0.00 $3,077.15 $548,780.25
202 $548,780.25 $1,473.47 $0.00 $3,102.88 $553,356.60
203 $553,356.60 $1,473.47 $0.00 $3,128.76 $557,958.83
204 $557,958.83 $1,473.47 $0.00 $3,154.78 $562,587.08
205 $562,587.08 $1,473.47 $0.00 $3,180.95 $567,241.50
206 $567,241.50 $1,473.47 $0.00 $3,207.27 $571,922.24
207 $571,922.24 $1,473.47 $0.00 $3,233.73 $576,629.44
208 $576,629.44 $1,473.47 $0.00 $3,260.35 $581,363.26
209 $581,363.26 $1,473.47 $0.00 $3,287.11 $586,123.84
210 $586,123.84 $1,473.47 $0.00 $3,314.03 $590,911.34
211 $590,911.34 $1,473.47 $0.00 $3,341.10 $595,725.91
212 $595,725.91 $1,473.47 $0.00 $3,368.32 $600,567.70
213 $600,567.70 $1,473.47 $0.00 $3,395.70 $605,436.87
214 $605,436.87 $1,473.47 $0.00 $3,423.23 $610,333.57
215 $610,333.57 $1,473.47 $0.00 $3,450.91 $615,257.95
216 $615,257.95 $1,473.47 $0.00 $3,478.76 $620,210.18
217 $620,210.18 $1,473.47 $172,747.13 $3,506.76 $452,443.28
218 $452,443.28 $1,473.47 $0.00 $2,558.18 $456,474.93
219 $456,474.93 $1,473.47 $0.00 $2,580.98 $460,529.38
220 $460,529.38 $1,473.47 $0.00 $2,603.90 $464,606.75
221 $464,606.75 $1,473.47 $0.00 $2,626.95 $468,707.17
222 $468,707.17 $1,473.47 $0.00 $2,650.14 $472,830.78
223 $472,830.78 $1,473.47 $0.00 $2,673.45 $476,977.70
224 $476,977.70 $1,473.47 $0.00 $2,696.90 $481,148.07
225 $481,148.07 $1,473.47 $0.00 $2,720.48 $485,342.02
226 $485,342.02 $1,473.47 $0.00 $2,744.19 $489,559.68
227 $489,559.68 $1,473.47 $0.00 $2,768.04 $493,801.19
228 $493,801.19 $1,473.47 $0.00 $2,792.02 $498,066.68
229 $498,066.68 $1,473.47 $181,384.49 $2,816.14 $320,971.80
230 $320,971.80 $1,473.47 $0.00 $1,814.82 $324,260.09
231 $324,260.09 $1,473.47 $0.00 $1,833.41 $327,566.97
232 $327,566.97 $1,473.47 $0.00 $1,852.11 $330,892.55
233 $330,892.55 $1,473.47 $0.00 $1,870.91 $334,236.93
234 $334,236.93 $1,473.47 $0.00 $1,889.82 $337,600.22
235 $337,600.22 $1,473.47 $0.00 $1,908.84 $340,982.53
236 $340,982.53 $1,473.47 $0.00 $1,927.96 $344,383.96
237 $344,383.96 $1,473.47 $0.00 $1,947.20 $347,804.63
238 $347,804.63 $1,473.47 $0.00 $1,966.54 $351,244.64
239 $351,244.64 $1,473.47 $0.00 $1,985.99 $354,704.10
240 $354,704.10 $1,473.47 $0.00 $2,005.55 $358,183.12
241 $358,183.12 $1,473.47 $190,453.71 $2,025.22 $171,228.10
242 $171,228.10 $1,473.47 $0.00 $968.15 $173,669.72
243 $173,669.72 $1,473.47 $0.00 $981.95 $176,125.14
244 $176,125.14 $1,473.47 $0.00 $995.84 $178,594.45
245 $178,594.45 $1,473.47 $0.00 $1,009.80 $181,077.72
246 $181,077.72 $1,473.47 $0.00 $1,023.84 $183,575.03
247 $183,575.03 $1,473.47 $0.00 $1,037.96 $186,086.46
248 $186,086.46 $1,473.47 $0.00 $1,052.16 $188,612.09
249 $188,612.09 $1,473.47 $0.00 $1,066.44 $191,152.00
250 $191,152.00 $1,473.47 $0.00 $1,080.80 $193,706.27
251 $193,706.27 $1,473.47 $0.00 $1,095.24 $196,274.98
252 $196,274.98 $1,473.47 $0.00 $1,109.77 $198,858.22
253 $198,858.22 $0.00 $199,976.39 $1,124.37 $6.20