Savings Plan and Future Cost Estimation for Catawba College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$184,875
Monthly savings required$1,461

How much will it cost to send your child to Catawba College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $739,500.49 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,461.12 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$49,278.00
Years until enrollment18
Annual Tuition Increase7%
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 Catawba College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,461.12 $0.00 $0.00 $1,461.12
2 $1,461.12 $1,461.12 $0.00 $8.26 $2,930.50
3 $2,930.50 $1,461.12 $0.00 $16.57 $4,408.19
4 $4,408.19 $1,461.12 $0.00 $24.92 $5,894.23
5 $5,894.23 $1,461.12 $0.00 $33.33 $7,388.68
6 $7,388.68 $1,461.12 $0.00 $41.78 $8,891.58
7 $8,891.58 $1,461.12 $0.00 $50.27 $10,402.97
8 $10,402.97 $1,461.12 $0.00 $58.82 $11,922.91
9 $11,922.91 $1,461.12 $0.00 $67.41 $13,451.44
10 $13,451.44 $1,461.12 $0.00 $76.06 $14,988.62
11 $14,988.62 $1,461.12 $0.00 $84.75 $16,534.49
12 $16,534.49 $1,461.12 $0.00 $93.49 $18,089.10
13 $18,089.10 $1,461.12 $0.00 $102.28 $19,652.50
14 $19,652.50 $1,461.12 $0.00 $111.12 $21,224.74
15 $21,224.74 $1,461.12 $0.00 $120.01 $22,805.87
16 $22,805.87 $1,461.12 $0.00 $128.95 $24,395.94
17 $24,395.94 $1,461.12 $0.00 $137.94 $25,995.00
18 $25,995.00 $1,461.12 $0.00 $146.98 $27,603.10
19 $27,603.10 $1,461.12 $0.00 $156.07 $29,220.29
20 $29,220.29 $1,461.12 $0.00 $165.22 $30,846.63
21 $30,846.63 $1,461.12 $0.00 $174.41 $32,482.16
22 $32,482.16 $1,461.12 $0.00 $183.66 $34,126.94
23 $34,126.94 $1,461.12 $0.00 $192.96 $35,781.02
24 $35,781.02 $1,461.12 $0.00 $202.31 $37,444.45
25 $37,444.45 $1,461.12 $0.00 $211.72 $39,117.29
26 $39,117.29 $1,461.12 $0.00 $221.17 $40,799.58
27 $40,799.58 $1,461.12 $0.00 $230.69 $42,491.39
28 $42,491.39 $1,461.12 $0.00 $240.25 $44,192.76
29 $44,192.76 $1,461.12 $0.00 $249.87 $45,903.75
30 $45,903.75 $1,461.12 $0.00 $259.55 $47,624.42
31 $47,624.42 $1,461.12 $0.00 $269.28 $49,354.82
32 $49,354.82 $1,461.12 $0.00 $279.06 $51,095.00
33 $51,095.00 $1,461.12 $0.00 $288.90 $52,845.02
34 $52,845.02 $1,461.12 $0.00 $298.79 $54,604.93
35 $54,604.93 $1,461.12 $0.00 $308.74 $56,374.79
36 $56,374.79 $1,461.12 $0.00 $318.75 $58,154.66
37 $58,154.66 $1,461.12 $0.00 $328.81 $59,944.59
38 $59,944.59 $1,461.12 $0.00 $338.94 $61,744.65
39 $61,744.65 $1,461.12 $0.00 $349.11 $63,554.88
40 $63,554.88 $1,461.12 $0.00 $359.35 $65,375.35
41 $65,375.35 $1,461.12 $0.00 $369.64 $67,206.11
42 $67,206.11 $1,461.12 $0.00 $379.99 $69,047.22
43 $69,047.22 $1,461.12 $0.00 $390.40 $70,898.74
44 $70,898.74 $1,461.12 $0.00 $400.87 $72,760.73
45 $72,760.73 $1,461.12 $0.00 $411.40 $74,633.25
46 $74,633.25 $1,461.12 $0.00 $421.99 $76,516.36
47 $76,516.36 $1,461.12 $0.00 $432.63 $78,410.11
48 $78,410.11 $1,461.12 $0.00 $443.34 $80,314.57
49 $80,314.57 $1,461.12 $0.00 $454.11 $82,229.80
50 $82,229.80 $1,461.12 $0.00 $464.94 $84,155.86
51 $84,155.86 $1,461.12 $0.00 $475.83 $86,092.81
52 $86,092.81 $1,461.12 $0.00 $486.78 $88,040.71
53 $88,040.71 $1,461.12 $0.00 $497.79 $89,999.62
54 $89,999.62 $1,461.12 $0.00 $508.87 $91,969.61
55 $91,969.61 $1,461.12 $0.00 $520.01 $93,950.74
56 $93,950.74 $1,461.12 $0.00 $531.21 $95,943.07
57 $95,943.07 $1,461.12 $0.00 $542.48 $97,946.67
58 $97,946.67 $1,461.12 $0.00 $553.80 $99,961.59
59 $99,961.59 $1,461.12 $0.00 $565.20 $101,987.91
60 $101,987.91 $1,461.12 $0.00 $576.65 $104,025.68
61 $104,025.68 $1,461.12 $0.00 $588.18 $106,074.98
62 $106,074.98 $1,461.12 $0.00 $599.76 $108,135.86
63 $108,135.86 $1,461.12 $0.00 $611.42 $110,208.40
64 $110,208.40 $1,461.12 $0.00 $623.13 $112,292.65
65 $112,292.65 $1,461.12 $0.00 $634.92 $114,388.69
66 $114,388.69 $1,461.12 $0.00 $646.77 $116,496.58
67 $116,496.58 $1,461.12 $0.00 $658.69 $118,616.39
68 $118,616.39 $1,461.12 $0.00 $670.67 $120,748.18
69 $120,748.18 $1,461.12 $0.00 $682.73 $122,892.03
70 $122,892.03 $1,461.12 $0.00 $694.85 $125,048.00
71 $125,048.00 $1,461.12 $0.00 $707.04 $127,216.16
72 $127,216.16 $1,461.12 $0.00 $719.30 $129,396.58
73 $129,396.58 $1,461.12 $0.00 $731.63 $131,589.33
74 $131,589.33 $1,461.12 $0.00 $744.03 $133,794.48
75 $133,794.48 $1,461.12 $0.00 $756.49 $136,012.09
76 $136,012.09 $1,461.12 $0.00 $769.03 $138,242.24
77 $138,242.24 $1,461.12 $0.00 $781.64 $140,485.00
78 $140,485.00 $1,461.12 $0.00 $794.32 $142,740.44
79 $142,740.44 $1,461.12 $0.00 $807.08 $145,008.64
80 $145,008.64 $1,461.12 $0.00 $819.90 $147,289.66
81 $147,289.66 $1,461.12 $0.00 $832.80 $149,583.58
82 $149,583.58 $1,461.12 $0.00 $845.77 $151,890.47
83 $151,890.47 $1,461.12 $0.00 $858.81 $154,210.40
84 $154,210.40 $1,461.12 $0.00 $871.93 $156,543.45
85 $156,543.45 $1,461.12 $0.00 $885.12 $158,889.69
86 $158,889.69 $1,461.12 $0.00 $898.39 $161,249.20
87 $161,249.20 $1,461.12 $0.00 $911.73 $163,622.05
88 $163,622.05 $1,461.12 $0.00 $925.14 $166,008.31
89 $166,008.31 $1,461.12 $0.00 $938.64 $168,408.07
90 $168,408.07 $1,461.12 $0.00 $952.20 $170,821.39
91 $170,821.39 $1,461.12 $0.00 $965.85 $173,248.36
92 $173,248.36 $1,461.12 $0.00 $979.57 $175,689.05
93 $175,689.05 $1,461.12 $0.00 $993.37 $178,143.54
94 $178,143.54 $1,461.12 $0.00 $1,007.25 $180,611.91
95 $180,611.91 $1,461.12 $0.00 $1,021.21 $183,094.24
96 $183,094.24 $1,461.12 $0.00 $1,035.24 $185,590.60
97 $185,590.60 $1,461.12 $0.00 $1,049.36 $188,101.08
98 $188,101.08 $1,461.12 $0.00 $1,063.55 $190,625.75
99 $190,625.75 $1,461.12 $0.00 $1,077.83 $193,164.70
100 $193,164.70 $1,461.12 $0.00 $1,092.18 $195,718.00
101 $195,718.00 $1,461.12 $0.00 $1,106.62 $198,285.74
102 $198,285.74 $1,461.12 $0.00 $1,121.14 $200,868.00
103 $200,868.00 $1,461.12 $0.00 $1,135.74 $203,464.86
104 $203,464.86 $1,461.12 $0.00 $1,150.42 $206,076.40
105 $206,076.40 $1,461.12 $0.00 $1,165.19 $208,702.71
106 $208,702.71 $1,461.12 $0.00 $1,180.04 $211,343.87
107 $211,343.87 $1,461.12 $0.00 $1,194.97 $213,999.96
108 $213,999.96 $1,461.12 $0.00 $1,209.99 $216,671.07
109 $216,671.07 $1,461.12 $0.00 $1,225.09 $219,357.28
110 $219,357.28 $1,461.12 $0.00 $1,240.28 $222,058.68
111 $222,058.68 $1,461.12 $0.00 $1,255.55 $224,775.35
112 $224,775.35 $1,461.12 $0.00 $1,270.91 $227,507.38
113 $227,507.38 $1,461.12 $0.00 $1,286.36 $230,254.86
114 $230,254.86 $1,461.12 $0.00 $1,301.89 $233,017.87
115 $233,017.87 $1,461.12 $0.00 $1,317.52 $235,796.51
116 $235,796.51 $1,461.12 $0.00 $1,333.23 $238,590.86
117 $238,590.86 $1,461.12 $0.00 $1,349.03 $241,401.01
118 $241,401.01 $1,461.12 $0.00 $1,364.92 $244,227.05
119 $244,227.05 $1,461.12 $0.00 $1,380.90 $247,069.07
120 $247,069.07 $1,461.12 $0.00 $1,396.96 $249,927.15
121 $249,927.15 $1,461.12 $0.00 $1,413.12 $252,801.39
122 $252,801.39 $1,461.12 $0.00 $1,429.38 $255,691.89
123 $255,691.89 $1,461.12 $0.00 $1,445.72 $258,598.73
124 $258,598.73 $1,461.12 $0.00 $1,462.15 $261,522.00
125 $261,522.00 $1,461.12 $0.00 $1,478.68 $264,461.80
126 $264,461.80 $1,461.12 $0.00 $1,495.31 $267,418.23
127 $267,418.23 $1,461.12 $0.00 $1,512.02 $270,391.37
128 $270,391.37 $1,461.12 $0.00 $1,528.83 $273,381.32
129 $273,381.32 $1,461.12 $0.00 $1,545.74 $276,388.18
130 $276,388.18 $1,461.12 $0.00 $1,562.74 $279,412.04
131 $279,412.04 $1,461.12 $0.00 $1,579.84 $282,453.00
132 $282,453.00 $1,461.12 $0.00 $1,597.03 $285,511.15
133 $285,511.15 $1,461.12 $0.00 $1,614.32 $288,586.59
134 $288,586.59 $1,461.12 $0.00 $1,631.71 $291,679.42
135 $291,679.42 $1,461.12 $0.00 $1,649.20 $294,789.74
136 $294,789.74 $1,461.12 $0.00 $1,666.78 $297,917.64
137 $297,917.64 $1,461.12 $0.00 $1,684.47 $301,063.23
138 $301,063.23 $1,461.12 $0.00 $1,702.26 $304,226.61
139 $304,226.61 $1,461.12 $0.00 $1,720.14 $307,407.87
140 $307,407.87 $1,461.12 $0.00 $1,738.13 $310,607.12
141 $310,607.12 $1,461.12 $0.00 $1,756.22 $313,824.46
142 $313,824.46 $1,461.12 $0.00 $1,774.41 $317,059.99
143 $317,059.99 $1,461.12 $0.00 $1,792.70 $320,313.81
144 $320,313.81 $1,461.12 $0.00 $1,811.10 $323,586.03
145 $323,586.03 $1,461.12 $0.00 $1,829.60 $326,876.75
146 $326,876.75 $1,461.12 $0.00 $1,848.21 $330,186.08
147 $330,186.08 $1,461.12 $0.00 $1,866.92 $333,514.12
148 $333,514.12 $1,461.12 $0.00 $1,885.74 $336,860.98
149 $336,860.98 $1,461.12 $0.00 $1,904.66 $340,226.76
150 $340,226.76 $1,461.12 $0.00 $1,923.69 $343,611.57
151 $343,611.57 $1,461.12 $0.00 $1,942.83 $347,015.52
152 $347,015.52 $1,461.12 $0.00 $1,962.08 $350,438.72
153 $350,438.72 $1,461.12 $0.00 $1,981.43 $353,881.27
154 $353,881.27 $1,461.12 $0.00 $2,000.90 $357,343.29
155 $357,343.29 $1,461.12 $0.00 $2,020.47 $360,824.88
156 $360,824.88 $1,461.12 $0.00 $2,040.16 $364,326.16
157 $364,326.16 $1,461.12 $0.00 $2,059.95 $367,847.23
158 $367,847.23 $1,461.12 $0.00 $2,079.86 $371,388.21
159 $371,388.21 $1,461.12 $0.00 $2,099.88 $374,949.21
160 $374,949.21 $1,461.12 $0.00 $2,120.02 $378,530.35
161 $378,530.35 $1,461.12 $0.00 $2,140.27 $382,131.74
162 $382,131.74 $1,461.12 $0.00 $2,160.63 $385,753.49
163 $385,753.49 $1,461.12 $0.00 $2,181.11 $389,395.72
164 $389,395.72 $1,461.12 $0.00 $2,201.70 $393,058.54
165 $393,058.54 $1,461.12 $0.00 $2,222.41 $396,742.07
166 $396,742.07 $1,461.12 $0.00 $2,243.24 $400,446.43
167 $400,446.43 $1,461.12 $0.00 $2,264.18 $404,171.73
168 $404,171.73 $1,461.12 $0.00 $2,285.25 $407,918.10
169 $407,918.10 $1,461.12 $0.00 $2,306.43 $411,685.65
170 $411,685.65 $1,461.12 $0.00 $2,327.73 $415,474.50
171 $415,474.50 $1,461.12 $0.00 $2,349.15 $419,284.77
172 $419,284.77 $1,461.12 $0.00 $2,370.70 $423,116.59
173 $423,116.59 $1,461.12 $0.00 $2,392.36 $426,970.07
174 $426,970.07 $1,461.12 $0.00 $2,414.15 $430,845.34
175 $430,845.34 $1,461.12 $0.00 $2,436.06 $434,742.52
176 $434,742.52 $1,461.12 $0.00 $2,458.10 $438,661.74
177 $438,661.74 $1,461.12 $0.00 $2,480.26 $442,603.12
178 $442,603.12 $1,461.12 $0.00 $2,502.54 $446,566.78
179 $446,566.78 $1,461.12 $0.00 $2,524.95 $450,552.85
180 $450,552.85 $1,461.12 $0.00 $2,547.49 $454,561.46
181 $454,561.46 $1,461.12 $0.00 $2,570.16 $458,592.74
182 $458,592.74 $1,461.12 $0.00 $2,592.95 $462,646.81
183 $462,646.81 $1,461.12 $0.00 $2,615.87 $466,723.80
184 $466,723.80 $1,461.12 $0.00 $2,638.92 $470,823.84
185 $470,823.84 $1,461.12 $0.00 $2,662.11 $474,947.07
186 $474,947.07 $1,461.12 $0.00 $2,685.42 $479,093.61
187 $479,093.61 $1,461.12 $0.00 $2,708.86 $483,263.59
188 $483,263.59 $1,461.12 $0.00 $2,732.44 $487,457.15
189 $487,457.15 $1,461.12 $0.00 $2,756.15 $491,674.42
190 $491,674.42 $1,461.12 $0.00 $2,780.00 $495,915.54
191 $495,915.54 $1,461.12 $0.00 $2,803.98 $500,180.64
192 $500,180.64 $1,461.12 $0.00 $2,828.09 $504,469.85
193 $504,469.85 $1,461.12 $0.00 $2,852.35 $508,783.32
194 $508,783.32 $1,461.12 $0.00 $2,876.73 $513,121.17
195 $513,121.17 $1,461.12 $0.00 $2,901.26 $517,483.55
196 $517,483.55 $1,461.12 $0.00 $2,925.93 $521,870.60
197 $521,870.60 $1,461.12 $0.00 $2,950.73 $526,282.45
198 $526,282.45 $1,461.12 $0.00 $2,975.68 $530,719.25
199 $530,719.25 $1,461.12 $0.00 $3,000.76 $535,181.13
200 $535,181.13 $1,461.12 $0.00 $3,025.99 $539,668.24
201 $539,668.24 $1,461.12 $0.00 $3,051.36 $544,180.72
202 $544,180.72 $1,461.12 $0.00 $3,076.88 $548,718.72
203 $548,718.72 $1,461.12 $0.00 $3,102.54 $553,282.38
204 $553,282.38 $1,461.12 $0.00 $3,128.34 $557,871.84
205 $557,871.84 $1,461.12 $0.00 $3,154.29 $562,487.25
206 $562,487.25 $1,461.12 $0.00 $3,180.38 $567,128.75
207 $567,128.75 $1,461.12 $0.00 $3,206.63 $571,796.50
208 $571,796.50 $1,461.12 $0.00 $3,233.02 $576,490.64
209 $576,490.64 $1,461.12 $0.00 $3,259.56 $581,211.32
210 $581,211.32 $1,461.12 $0.00 $3,286.25 $585,958.69
211 $585,958.69 $1,461.12 $0.00 $3,313.10 $590,732.91
212 $590,732.91 $1,461.12 $0.00 $3,340.09 $595,534.12
213 $595,534.12 $1,461.12 $0.00 $3,367.24 $600,362.48
214 $600,362.48 $1,461.12 $0.00 $3,394.54 $605,218.14
215 $605,218.14 $1,461.12 $0.00 $3,421.99 $610,101.25
216 $610,101.25 $1,461.12 $0.00 $3,449.60 $615,011.97
217 $615,011.97 $1,461.12 $166,556.30 $3,477.37 $453,394.16
218 $453,394.16 $1,461.12 $0.00 $2,563.56 $457,418.84
219 $457,418.84 $1,461.12 $0.00 $2,586.31 $461,466.27
220 $461,466.27 $1,461.12 $0.00 $2,609.20 $465,536.59
221 $465,536.59 $1,461.12 $0.00 $2,632.21 $469,629.92
222 $469,629.92 $1,461.12 $0.00 $2,655.36 $473,746.40
223 $473,746.40 $1,461.12 $0.00 $2,678.63 $477,886.15
224 $477,886.15 $1,461.12 $0.00 $2,702.04 $482,049.31
225 $482,049.31 $1,461.12 $0.00 $2,725.58 $486,236.01
226 $486,236.01 $1,461.12 $0.00 $2,749.25 $490,446.38
227 $490,446.38 $1,461.12 $0.00 $2,773.06 $494,680.56
228 $494,680.56 $1,461.12 $0.00 $2,797.00 $498,938.68
229 $498,938.68 $1,461.12 $178,215.24 $2,821.07 $325,005.63
230 $325,005.63 $1,461.12 $0.00 $1,837.63 $328,304.38
231 $328,304.38 $1,461.12 $0.00 $1,856.28 $331,621.78
232 $331,621.78 $1,461.12 $0.00 $1,875.04 $334,957.94
233 $334,957.94 $1,461.12 $0.00 $1,893.90 $338,312.96
234 $338,312.96 $1,461.12 $0.00 $1,912.87 $341,686.95
235 $341,686.95 $1,461.12 $0.00 $1,931.95 $345,080.02
236 $345,080.02 $1,461.12 $0.00 $1,951.13 $348,492.27
237 $348,492.27 $1,461.12 $0.00 $1,970.43 $351,923.82
238 $351,923.82 $1,461.12 $0.00 $1,989.83 $355,374.77
239 $355,374.77 $1,461.12 $0.00 $2,009.34 $358,845.23
240 $358,845.23 $1,461.12 $0.00 $2,028.96 $362,335.31
241 $362,335.31 $1,461.12 $190,690.31 $2,048.70 $175,154.82
242 $175,154.82 $1,461.12 $0.00 $990.35 $177,606.29
243 $177,606.29 $1,461.12 $0.00 $1,004.21 $180,071.62
244 $180,071.62 $1,461.12 $0.00 $1,018.15 $182,550.89
245 $182,550.89 $1,461.12 $0.00 $1,032.17 $185,044.18
246 $185,044.18 $1,461.12 $0.00 $1,046.27 $187,551.57
247 $187,551.57 $1,461.12 $0.00 $1,060.44 $190,073.13
248 $190,073.13 $1,461.12 $0.00 $1,074.70 $192,608.95
249 $192,608.95 $1,461.12 $0.00 $1,089.04 $195,159.11
250 $195,159.11 $1,461.12 $0.00 $1,103.46 $197,723.69
251 $197,723.69 $1,461.12 $0.00 $1,117.96 $200,302.77
252 $200,302.77 $1,461.12 $0.00 $1,132.54 $202,896.43
253 $202,896.43 $0.00 $204,038.63 $1,147.21 $5.01