Savings Plan and Future Cost Estimation for Robeson Community College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$45,125
Monthly savings required$201

How much will it cost to send your child to Robeson Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $90,249.79 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $200.55 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$18,293.00
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 $200.55 $0.00 $0.00 $200.55
2 $200.55 $200.55 $0.00 $1.13 $402.23
3 $402.23 $200.55 $0.00 $2.27 $605.05
4 $605.05 $200.55 $0.00 $3.42 $809.02
5 $809.02 $200.55 $0.00 $4.57 $1,014.14
6 $1,014.14 $200.55 $0.00 $5.73 $1,220.42
7 $1,220.42 $200.55 $0.00 $6.90 $1,427.87
8 $1,427.87 $200.55 $0.00 $8.07 $1,636.49
9 $1,636.49 $200.55 $0.00 $9.25 $1,846.29
10 $1,846.29 $200.55 $0.00 $10.44 $2,057.28
11 $2,057.28 $200.55 $0.00 $11.63 $2,269.46
12 $2,269.46 $200.55 $0.00 $12.83 $2,482.84
13 $2,482.84 $200.55 $0.00 $14.04 $2,697.43
14 $2,697.43 $200.55 $0.00 $15.25 $2,913.23
15 $2,913.23 $200.55 $0.00 $16.47 $3,130.25
16 $3,130.25 $200.55 $0.00 $17.70 $3,348.50
17 $3,348.50 $200.55 $0.00 $18.93 $3,567.98
18 $3,567.98 $200.55 $0.00 $20.17 $3,788.70
19 $3,788.70 $200.55 $0.00 $21.42 $4,010.67
20 $4,010.67 $200.55 $0.00 $22.68 $4,233.90
21 $4,233.90 $200.55 $0.00 $23.94 $4,458.39
22 $4,458.39 $200.55 $0.00 $25.21 $4,684.15
23 $4,684.15 $200.55 $0.00 $26.48 $4,911.18
24 $4,911.18 $200.55 $0.00 $27.77 $5,139.50
25 $5,139.50 $200.55 $0.00 $29.06 $5,369.11
26 $5,369.11 $200.55 $0.00 $30.36 $5,600.02
27 $5,600.02 $200.55 $0.00 $31.66 $5,832.23
28 $5,832.23 $200.55 $0.00 $32.98 $6,065.76
29 $6,065.76 $200.55 $0.00 $34.30 $6,300.61
30 $6,300.61 $200.55 $0.00 $35.62 $6,536.78
31 $6,536.78 $200.55 $0.00 $36.96 $6,774.29
32 $6,774.29 $200.55 $0.00 $38.30 $7,013.14
33 $7,013.14 $200.55 $0.00 $39.65 $7,253.34
34 $7,253.34 $200.55 $0.00 $41.01 $7,494.90
35 $7,494.90 $200.55 $0.00 $42.38 $7,737.83
36 $7,737.83 $200.55 $0.00 $43.75 $7,982.13
37 $7,982.13 $200.55 $0.00 $45.13 $8,227.81
38 $8,227.81 $200.55 $0.00 $46.52 $8,474.88
39 $8,474.88 $200.55 $0.00 $47.92 $8,723.35
40 $8,723.35 $200.55 $0.00 $49.32 $8,973.22
41 $8,973.22 $200.55 $0.00 $50.74 $9,224.51
42 $9,224.51 $200.55 $0.00 $52.16 $9,477.22
43 $9,477.22 $200.55 $0.00 $53.59 $9,731.36
44 $9,731.36 $200.55 $0.00 $55.02 $9,986.93
45 $9,986.93 $200.55 $0.00 $56.47 $10,243.95
46 $10,243.95 $200.55 $0.00 $57.92 $10,502.42
47 $10,502.42 $200.55 $0.00 $59.38 $10,762.35
48 $10,762.35 $200.55 $0.00 $60.85 $11,023.75
49 $11,023.75 $200.55 $0.00 $62.33 $11,286.63
50 $11,286.63 $200.55 $0.00 $63.82 $11,551.00
51 $11,551.00 $200.55 $0.00 $65.31 $11,816.86
52 $11,816.86 $200.55 $0.00 $66.81 $12,084.22
53 $12,084.22 $200.55 $0.00 $68.33 $12,353.10
54 $12,353.10 $200.55 $0.00 $69.85 $12,623.50
55 $12,623.50 $200.55 $0.00 $71.38 $12,895.43
56 $12,895.43 $200.55 $0.00 $72.91 $13,168.89
57 $13,168.89 $200.55 $0.00 $74.46 $13,443.90
58 $13,443.90 $200.55 $0.00 $76.01 $13,720.46
59 $13,720.46 $200.55 $0.00 $77.58 $13,998.59
60 $13,998.59 $200.55 $0.00 $79.15 $14,278.29
61 $14,278.29 $200.55 $0.00 $80.73 $14,559.57
62 $14,559.57 $200.55 $0.00 $82.32 $14,842.44
63 $14,842.44 $200.55 $0.00 $83.92 $15,126.91
64 $15,126.91 $200.55 $0.00 $85.53 $15,412.99
65 $15,412.99 $200.55 $0.00 $87.15 $15,700.69
66 $15,700.69 $200.55 $0.00 $88.77 $15,990.01
67 $15,990.01 $200.55 $0.00 $90.41 $16,280.97
68 $16,280.97 $200.55 $0.00 $92.05 $16,573.57
69 $16,573.57 $200.55 $0.00 $93.71 $16,867.83
70 $16,867.83 $200.55 $0.00 $95.37 $17,163.75
71 $17,163.75 $200.55 $0.00 $97.05 $17,461.35
72 $17,461.35 $200.55 $0.00 $98.73 $17,760.63
73 $17,760.63 $200.55 $0.00 $100.42 $18,061.60
74 $18,061.60 $200.55 $0.00 $102.12 $18,364.27
75 $18,364.27 $200.55 $0.00 $103.83 $18,668.65
76 $18,668.65 $200.55 $0.00 $105.56 $18,974.76
77 $18,974.76 $200.55 $0.00 $107.29 $19,282.60
78 $19,282.60 $200.55 $0.00 $109.03 $19,592.18
79 $19,592.18 $200.55 $0.00 $110.78 $19,903.51
80 $19,903.51 $200.55 $0.00 $112.54 $20,216.60
81 $20,216.60 $200.55 $0.00 $114.31 $20,531.46
82 $20,531.46 $200.55 $0.00 $116.09 $20,848.10
83 $20,848.10 $200.55 $0.00 $117.88 $21,166.53
84 $21,166.53 $200.55 $0.00 $119.68 $21,486.76
85 $21,486.76 $200.55 $0.00 $121.49 $21,808.80
86 $21,808.80 $200.55 $0.00 $123.31 $22,132.66
87 $22,132.66 $200.55 $0.00 $125.14 $22,458.35
88 $22,458.35 $200.55 $0.00 $126.98 $22,785.88
89 $22,785.88 $200.55 $0.00 $128.83 $23,115.26
90 $23,115.26 $200.55 $0.00 $130.70 $23,446.51
91 $23,446.51 $200.55 $0.00 $132.57 $23,779.63
92 $23,779.63 $200.55 $0.00 $134.45 $24,114.63
93 $24,114.63 $200.55 $0.00 $136.35 $24,451.53
94 $24,451.53 $200.55 $0.00 $138.25 $24,790.33
95 $24,790.33 $200.55 $0.00 $140.17 $25,131.05
96 $25,131.05 $200.55 $0.00 $142.09 $25,473.69
97 $25,473.69 $200.55 $0.00 $144.03 $25,818.27
98 $25,818.27 $200.55 $0.00 $145.98 $26,164.80
99 $26,164.80 $200.55 $0.00 $147.94 $26,513.29
100 $26,513.29 $200.55 $0.00 $149.91 $26,863.75
101 $26,863.75 $200.55 $0.00 $151.89 $27,216.19
102 $27,216.19 $200.55 $0.00 $153.88 $27,570.62
103 $27,570.62 $200.55 $0.00 $155.89 $27,927.06
104 $27,927.06 $200.55 $0.00 $157.90 $28,285.51
105 $28,285.51 $200.55 $0.00 $159.93 $28,645.99
106 $28,645.99 $200.55 $0.00 $161.97 $29,008.51
107 $29,008.51 $200.55 $0.00 $164.02 $29,373.08
108 $29,373.08 $200.55 $0.00 $166.08 $29,739.71
109 $29,739.71 $200.55 $0.00 $168.15 $30,108.41
110 $30,108.41 $200.55 $0.00 $170.24 $30,479.20
111 $30,479.20 $200.55 $0.00 $172.33 $30,852.08
112 $30,852.08 $200.55 $0.00 $174.44 $31,227.07
113 $31,227.07 $200.55 $0.00 $176.56 $31,604.18
114 $31,604.18 $200.55 $0.00 $178.69 $31,983.42
115 $31,983.42 $200.55 $0.00 $180.84 $32,364.81
116 $32,364.81 $200.55 $0.00 $183.00 $32,748.36
117 $32,748.36 $200.55 $0.00 $185.16 $33,134.07
118 $33,134.07 $200.55 $0.00 $187.34 $33,521.96
119 $33,521.96 $200.55 $0.00 $189.54 $33,912.05
120 $33,912.05 $200.55 $0.00 $191.74 $34,304.34
121 $34,304.34 $200.55 $0.00 $193.96 $34,698.85
122 $34,698.85 $200.55 $0.00 $196.19 $35,095.59
123 $35,095.59 $200.55 $0.00 $198.44 $35,494.58
124 $35,494.58 $200.55 $0.00 $200.69 $35,895.82
125 $35,895.82 $200.55 $0.00 $202.96 $36,299.33
126 $36,299.33 $200.55 $0.00 $205.24 $36,705.12
127 $36,705.12 $200.55 $0.00 $207.54 $37,113.21
128 $37,113.21 $200.55 $0.00 $209.84 $37,523.60
129 $37,523.60 $200.55 $0.00 $212.16 $37,936.31
130 $37,936.31 $200.55 $0.00 $214.50 $38,351.36
131 $38,351.36 $200.55 $0.00 $216.84 $38,768.75
132 $38,768.75 $200.55 $0.00 $219.20 $39,188.50
133 $39,188.50 $200.55 $0.00 $221.58 $39,610.63
134 $39,610.63 $200.55 $0.00 $223.96 $40,035.14
135 $40,035.14 $200.55 $0.00 $226.36 $40,462.05
136 $40,462.05 $200.55 $0.00 $228.78 $40,891.38
137 $40,891.38 $200.55 $0.00 $231.21 $41,323.14
138 $41,323.14 $200.55 $0.00 $233.65 $41,757.34
139 $41,757.34 $200.55 $0.00 $236.10 $42,193.99
140 $42,193.99 $200.55 $0.00 $238.57 $42,633.11
141 $42,633.11 $200.55 $0.00 $241.05 $43,074.71
142 $43,074.71 $200.55 $0.00 $243.55 $43,518.81
143 $43,518.81 $200.55 $0.00 $246.06 $43,965.42
144 $43,965.42 $200.55 $0.00 $248.59 $44,414.56
145 $44,414.56 $200.55 $0.00 $251.13 $44,866.24
146 $44,866.24 $200.55 $0.00 $253.68 $45,320.47
147 $45,320.47 $200.55 $0.00 $256.25 $45,777.27
148 $45,777.27 $200.55 $0.00 $258.83 $46,236.65
149 $46,236.65 $200.55 $0.00 $261.43 $46,698.63
150 $46,698.63 $200.55 $0.00 $264.04 $47,163.22
151 $47,163.22 $200.55 $0.00 $266.67 $47,630.44
152 $47,630.44 $200.55 $0.00 $269.31 $48,100.30
153 $48,100.30 $200.55 $0.00 $271.97 $48,572.82
154 $48,572.82 $200.55 $0.00 $274.64 $49,048.01
155 $49,048.01 $200.55 $0.00 $277.32 $49,525.88
156 $49,525.88 $200.55 $0.00 $280.03 $50,006.46
157 $50,006.46 $200.55 $0.00 $282.74 $50,489.75
158 $50,489.75 $200.55 $0.00 $285.48 $50,975.78
159 $50,975.78 $200.55 $0.00 $288.22 $51,464.55
160 $51,464.55 $200.55 $0.00 $290.99 $51,956.09
161 $51,956.09 $200.55 $0.00 $293.77 $52,450.41
162 $52,450.41 $200.55 $0.00 $296.56 $52,947.52
163 $52,947.52 $200.55 $0.00 $299.37 $53,447.44
164 $53,447.44 $200.55 $0.00 $302.20 $53,950.19
165 $53,950.19 $200.55 $0.00 $305.04 $54,455.78
166 $54,455.78 $200.55 $0.00 $307.90 $54,964.23
167 $54,964.23 $200.55 $0.00 $310.78 $55,475.56
168 $55,475.56 $200.55 $0.00 $313.67 $55,989.78
169 $55,989.78 $200.55 $0.00 $316.57 $56,506.90
170 $56,506.90 $200.55 $0.00 $319.50 $57,026.95
171 $57,026.95 $200.55 $0.00 $322.44 $57,549.94
172 $57,549.94 $200.55 $0.00 $325.40 $58,075.89
173 $58,075.89 $200.55 $0.00 $328.37 $58,604.81
174 $58,604.81 $200.55 $0.00 $331.36 $59,136.72
175 $59,136.72 $200.55 $0.00 $334.37 $59,671.64
176 $59,671.64 $200.55 $0.00 $337.39 $60,209.58
177 $60,209.58 $200.55 $0.00 $340.43 $60,750.56
178 $60,750.56 $200.55 $0.00 $343.49 $61,294.60
179 $61,294.60 $200.55 $0.00 $346.57 $61,841.72
180 $61,841.72 $200.55 $0.00 $349.66 $62,391.93
181 $62,391.93 $200.55 $0.00 $352.77 $62,945.25
182 $62,945.25 $200.55 $0.00 $355.90 $63,501.70
183 $63,501.70 $200.55 $0.00 $359.05 $64,061.30
184 $64,061.30 $200.55 $0.00 $362.21 $64,624.06
185 $64,624.06 $200.55 $0.00 $365.39 $65,190.00
186 $65,190.00 $200.55 $0.00 $368.59 $65,759.14
187 $65,759.14 $200.55 $0.00 $371.81 $66,331.50
188 $66,331.50 $200.55 $0.00 $375.05 $66,907.10
189 $66,907.10 $200.55 $0.00 $378.30 $67,485.95
190 $67,485.95 $200.55 $0.00 $381.58 $68,068.08
191 $68,068.08 $200.55 $0.00 $384.87 $68,653.50
192 $68,653.50 $200.55 $0.00 $388.18 $69,242.23
193 $69,242.23 $200.55 $0.00 $391.51 $69,834.29
194 $69,834.29 $200.55 $0.00 $394.85 $70,429.69
195 $70,429.69 $200.55 $0.00 $398.22 $71,028.46
196 $71,028.46 $200.55 $0.00 $401.61 $71,630.62
197 $71,630.62 $200.55 $0.00 $405.01 $72,236.18
198 $72,236.18 $200.55 $0.00 $408.43 $72,845.16
199 $72,845.16 $200.55 $0.00 $411.88 $73,457.59
200 $73,457.59 $200.55 $0.00 $415.34 $74,073.48
201 $74,073.48 $200.55 $0.00 $418.82 $74,692.85
202 $74,692.85 $200.55 $0.00 $422.32 $75,315.72
203 $75,315.72 $200.55 $0.00 $425.85 $75,942.12
204 $75,942.12 $200.55 $0.00 $429.39 $76,572.06
205 $76,572.06 $200.55 $0.00 $432.95 $77,205.56
206 $77,205.56 $200.55 $0.00 $436.53 $77,842.64
207 $77,842.64 $200.55 $0.00 $440.13 $78,483.32
208 $78,483.32 $200.55 $0.00 $443.76 $79,127.63
209 $79,127.63 $200.55 $0.00 $447.40 $79,775.58
210 $79,775.58 $200.55 $0.00 $451.06 $80,427.19
211 $80,427.19 $200.55 $0.00 $454.75 $81,082.49
212 $81,082.49 $200.55 $0.00 $458.45 $81,741.49
213 $81,741.49 $200.55 $0.00 $462.18 $82,404.22
214 $82,404.22 $200.55 $0.00 $465.93 $83,070.70
215 $83,070.70 $200.55 $0.00 $469.69 $83,740.94
216 $83,740.94 $200.55 $0.00 $473.48 $84,414.97
217 $84,414.97 $200.55 $44,024.29 $477.29 $41,068.52
218 $41,068.52 $200.55 $0.00 $232.21 $41,501.28
219 $41,501.28 $200.55 $0.00 $234.65 $41,936.48
220 $41,936.48 $200.55 $0.00 $237.11 $42,374.14
221 $42,374.14 $200.55 $0.00 $239.59 $42,814.28
222 $42,814.28 $200.55 $0.00 $242.08 $43,256.91
223 $43,256.91 $200.55 $0.00 $244.58 $43,702.04
224 $43,702.04 $200.55 $0.00 $247.10 $44,149.69
225 $44,149.69 $200.55 $0.00 $249.63 $44,599.87
226 $44,599.87 $200.55 $0.00 $252.17 $45,052.59
227 $45,052.59 $200.55 $0.00 $254.73 $45,507.87
228 $45,507.87 $200.55 $0.00 $257.31 $45,965.73
229 $45,965.73 $0.00 $46,225.50 $259.90 $0.13