Savings Plan and Future Cost Estimation for Wake Forest University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$192,826
Monthly savings required$1,526

How much will it cost to send your child to Wake Forest University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $771,302.87 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,526.37 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$74,358.00
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 Wake Forest University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,526.37 $0.00 $0.00 $1,526.37
2 $1,526.37 $1,526.37 $0.00 $8.63 $3,061.37
3 $3,061.37 $1,526.37 $0.00 $17.31 $4,605.05
4 $4,605.05 $1,526.37 $0.00 $26.04 $6,157.46
5 $6,157.46 $1,526.37 $0.00 $34.82 $7,718.65
6 $7,718.65 $1,526.37 $0.00 $43.64 $9,288.66
7 $9,288.66 $1,526.37 $0.00 $52.52 $10,867.55
8 $10,867.55 $1,526.37 $0.00 $61.45 $12,455.37
9 $12,455.37 $1,526.37 $0.00 $70.42 $14,052.16
10 $14,052.16 $1,526.37 $0.00 $79.45 $15,657.98
11 $15,657.98 $1,526.37 $0.00 $88.53 $17,272.88
12 $17,272.88 $1,526.37 $0.00 $97.66 $18,896.91
13 $18,896.91 $1,526.37 $0.00 $106.85 $20,530.13
14 $20,530.13 $1,526.37 $0.00 $116.08 $22,172.58
15 $22,172.58 $1,526.37 $0.00 $125.37 $23,824.32
16 $23,824.32 $1,526.37 $0.00 $134.71 $25,485.40
17 $25,485.40 $1,526.37 $0.00 $144.10 $27,155.87
18 $27,155.87 $1,526.37 $0.00 $153.54 $28,835.78
19 $28,835.78 $1,526.37 $0.00 $163.04 $30,525.19
20 $30,525.19 $1,526.37 $0.00 $172.59 $32,224.15
21 $32,224.15 $1,526.37 $0.00 $182.20 $33,932.72
22 $33,932.72 $1,526.37 $0.00 $191.86 $35,650.95
23 $35,650.95 $1,526.37 $0.00 $201.58 $37,378.90
24 $37,378.90 $1,526.37 $0.00 $211.35 $39,116.62
25 $39,116.62 $1,526.37 $0.00 $221.17 $40,864.16
26 $40,864.16 $1,526.37 $0.00 $231.05 $42,621.58
27 $42,621.58 $1,526.37 $0.00 $240.99 $44,388.94
28 $44,388.94 $1,526.37 $0.00 $250.98 $46,166.29
29 $46,166.29 $1,526.37 $0.00 $261.03 $47,953.69
30 $47,953.69 $1,526.37 $0.00 $271.14 $49,751.20
31 $49,751.20 $1,526.37 $0.00 $281.30 $51,558.87
32 $51,558.87 $1,526.37 $0.00 $291.52 $53,376.76
33 $53,376.76 $1,526.37 $0.00 $301.80 $55,204.93
34 $55,204.93 $1,526.37 $0.00 $312.14 $57,043.44
35 $57,043.44 $1,526.37 $0.00 $322.53 $58,892.34
36 $58,892.34 $1,526.37 $0.00 $332.99 $60,751.70
37 $60,751.70 $1,526.37 $0.00 $343.50 $62,621.57
38 $62,621.57 $1,526.37 $0.00 $354.07 $64,502.01
39 $64,502.01 $1,526.37 $0.00 $364.70 $66,393.08
40 $66,393.08 $1,526.37 $0.00 $375.40 $68,294.85
41 $68,294.85 $1,526.37 $0.00 $386.15 $70,207.37
42 $70,207.37 $1,526.37 $0.00 $396.96 $72,130.70
43 $72,130.70 $1,526.37 $0.00 $407.84 $74,064.91
44 $74,064.91 $1,526.37 $0.00 $418.77 $76,010.05
45 $76,010.05 $1,526.37 $0.00 $429.77 $77,966.19
46 $77,966.19 $1,526.37 $0.00 $440.83 $79,933.39
47 $79,933.39 $1,526.37 $0.00 $451.96 $81,911.72
48 $81,911.72 $1,526.37 $0.00 $463.14 $83,901.23
49 $83,901.23 $1,526.37 $0.00 $474.39 $85,901.99
50 $85,901.99 $1,526.37 $0.00 $485.70 $87,914.06
51 $87,914.06 $1,526.37 $0.00 $497.08 $89,937.51
52 $89,937.51 $1,526.37 $0.00 $508.52 $91,972.40
53 $91,972.40 $1,526.37 $0.00 $520.03 $94,018.80
54 $94,018.80 $1,526.37 $0.00 $531.60 $96,076.77
55 $96,076.77 $1,526.37 $0.00 $543.23 $98,146.37
56 $98,146.37 $1,526.37 $0.00 $554.93 $100,227.67
57 $100,227.67 $1,526.37 $0.00 $566.70 $102,320.74
58 $102,320.74 $1,526.37 $0.00 $578.54 $104,425.65
59 $104,425.65 $1,526.37 $0.00 $590.44 $106,542.46
60 $106,542.46 $1,526.37 $0.00 $602.41 $108,671.24
61 $108,671.24 $1,526.37 $0.00 $614.44 $110,812.05
62 $110,812.05 $1,526.37 $0.00 $626.55 $112,964.97
63 $112,964.97 $1,526.37 $0.00 $638.72 $115,130.06
64 $115,130.06 $1,526.37 $0.00 $650.96 $117,307.39
65 $117,307.39 $1,526.37 $0.00 $663.27 $119,497.03
66 $119,497.03 $1,526.37 $0.00 $675.65 $121,699.05
67 $121,699.05 $1,526.37 $0.00 $688.10 $123,913.52
68 $123,913.52 $1,526.37 $0.00 $700.63 $126,140.52
69 $126,140.52 $1,526.37 $0.00 $713.22 $128,380.11
70 $128,380.11 $1,526.37 $0.00 $725.88 $130,632.36
71 $130,632.36 $1,526.37 $0.00 $738.61 $132,897.34
72 $132,897.34 $1,526.37 $0.00 $751.42 $135,175.13
73 $135,175.13 $1,526.37 $0.00 $764.30 $137,465.80
74 $137,465.80 $1,526.37 $0.00 $777.25 $139,769.42
75 $139,769.42 $1,526.37 $0.00 $790.28 $142,086.07
76 $142,086.07 $1,526.37 $0.00 $803.38 $144,415.82
77 $144,415.82 $1,526.37 $0.00 $816.55 $146,758.74
78 $146,758.74 $1,526.37 $0.00 $829.80 $149,114.91
79 $149,114.91 $1,526.37 $0.00 $843.12 $151,484.40
80 $151,484.40 $1,526.37 $0.00 $856.51 $153,867.28
81 $153,867.28 $1,526.37 $0.00 $869.99 $156,263.64
82 $156,263.64 $1,526.37 $0.00 $883.54 $158,673.55
83 $158,673.55 $1,526.37 $0.00 $897.16 $161,097.08
84 $161,097.08 $1,526.37 $0.00 $910.87 $163,534.32
85 $163,534.32 $1,526.37 $0.00 $924.65 $165,985.34
86 $165,985.34 $1,526.37 $0.00 $938.51 $168,450.22
87 $168,450.22 $1,526.37 $0.00 $952.44 $170,929.03
88 $170,929.03 $1,526.37 $0.00 $966.46 $173,421.86
89 $173,421.86 $1,526.37 $0.00 $980.55 $175,928.78
90 $175,928.78 $1,526.37 $0.00 $994.73 $178,449.88
91 $178,449.88 $1,526.37 $0.00 $1,008.98 $180,985.23
92 $180,985.23 $1,526.37 $0.00 $1,023.32 $183,534.92
93 $183,534.92 $1,526.37 $0.00 $1,037.73 $186,099.02
94 $186,099.02 $1,526.37 $0.00 $1,052.23 $188,677.62
95 $188,677.62 $1,526.37 $0.00 $1,066.81 $191,270.80
96 $191,270.80 $1,526.37 $0.00 $1,081.47 $193,878.64
97 $193,878.64 $1,526.37 $0.00 $1,096.22 $196,501.23
98 $196,501.23 $1,526.37 $0.00 $1,111.05 $199,138.65
99 $199,138.65 $1,526.37 $0.00 $1,125.96 $201,790.98
100 $201,790.98 $1,526.37 $0.00 $1,140.96 $204,458.31
101 $204,458.31 $1,526.37 $0.00 $1,156.04 $207,140.72
102 $207,140.72 $1,526.37 $0.00 $1,171.20 $209,838.29
103 $209,838.29 $1,526.37 $0.00 $1,186.46 $212,551.12
104 $212,551.12 $1,526.37 $0.00 $1,201.79 $215,279.28
105 $215,279.28 $1,526.37 $0.00 $1,217.22 $218,022.87
106 $218,022.87 $1,526.37 $0.00 $1,232.73 $220,781.97
107 $220,781.97 $1,526.37 $0.00 $1,248.33 $223,556.67
108 $223,556.67 $1,526.37 $0.00 $1,264.02 $226,347.06
109 $226,347.06 $1,526.37 $0.00 $1,279.80 $229,153.23
110 $229,153.23 $1,526.37 $0.00 $1,295.67 $231,975.27
111 $231,975.27 $1,526.37 $0.00 $1,311.62 $234,813.26
112 $234,813.26 $1,526.37 $0.00 $1,327.67 $237,667.30
113 $237,667.30 $1,526.37 $0.00 $1,343.81 $240,537.48
114 $240,537.48 $1,526.37 $0.00 $1,360.03 $243,423.88
115 $243,423.88 $1,526.37 $0.00 $1,376.35 $246,326.60
116 $246,326.60 $1,526.37 $0.00 $1,392.77 $249,245.74
117 $249,245.74 $1,526.37 $0.00 $1,409.27 $252,181.38
118 $252,181.38 $1,526.37 $0.00 $1,425.87 $255,133.62
119 $255,133.62 $1,526.37 $0.00 $1,442.56 $258,102.55
120 $258,102.55 $1,526.37 $0.00 $1,459.35 $261,088.27
121 $261,088.27 $1,526.37 $0.00 $1,476.23 $264,090.87
122 $264,090.87 $1,526.37 $0.00 $1,493.21 $267,110.45
123 $267,110.45 $1,526.37 $0.00 $1,510.28 $270,147.10
124 $270,147.10 $1,526.37 $0.00 $1,527.45 $273,200.92
125 $273,200.92 $1,526.37 $0.00 $1,544.72 $276,272.01
126 $276,272.01 $1,526.37 $0.00 $1,562.08 $279,360.46
127 $279,360.46 $1,526.37 $0.00 $1,579.54 $282,466.37
128 $282,466.37 $1,526.37 $0.00 $1,597.11 $285,589.85
129 $285,589.85 $1,526.37 $0.00 $1,614.77 $288,730.99
130 $288,730.99 $1,526.37 $0.00 $1,632.53 $291,889.89
131 $291,889.89 $1,526.37 $0.00 $1,650.39 $295,066.65
132 $295,066.65 $1,526.37 $0.00 $1,668.35 $298,261.37
133 $298,261.37 $1,526.37 $0.00 $1,686.41 $301,474.15
134 $301,474.15 $1,526.37 $0.00 $1,704.58 $304,705.10
135 $304,705.10 $1,526.37 $0.00 $1,722.85 $307,954.32
136 $307,954.32 $1,526.37 $0.00 $1,741.22 $311,221.91
137 $311,221.91 $1,526.37 $0.00 $1,759.69 $314,507.97
138 $314,507.97 $1,526.37 $0.00 $1,778.27 $317,812.61
139 $317,812.61 $1,526.37 $0.00 $1,796.96 $321,135.94
140 $321,135.94 $1,526.37 $0.00 $1,815.75 $324,478.06
141 $324,478.06 $1,526.37 $0.00 $1,834.65 $327,839.08
142 $327,839.08 $1,526.37 $0.00 $1,853.65 $331,219.10
143 $331,219.10 $1,526.37 $0.00 $1,872.76 $334,618.23
144 $334,618.23 $1,526.37 $0.00 $1,891.98 $338,036.58
145 $338,036.58 $1,526.37 $0.00 $1,911.31 $341,474.26
146 $341,474.26 $1,526.37 $0.00 $1,930.75 $344,931.38
147 $344,931.38 $1,526.37 $0.00 $1,950.29 $348,408.04
148 $348,408.04 $1,526.37 $0.00 $1,969.95 $351,904.36
149 $351,904.36 $1,526.37 $0.00 $1,989.72 $355,420.45
150 $355,420.45 $1,526.37 $0.00 $2,009.60 $358,956.42
151 $358,956.42 $1,526.37 $0.00 $2,029.59 $362,512.38
152 $362,512.38 $1,526.37 $0.00 $2,049.70 $366,088.45
153 $366,088.45 $1,526.37 $0.00 $2,069.92 $369,684.74
154 $369,684.74 $1,526.37 $0.00 $2,090.25 $373,301.36
155 $373,301.36 $1,526.37 $0.00 $2,110.70 $376,938.43
156 $376,938.43 $1,526.37 $0.00 $2,131.26 $380,596.06
157 $380,596.06 $1,526.37 $0.00 $2,151.95 $384,274.38
158 $384,274.38 $1,526.37 $0.00 $2,172.74 $387,973.49
159 $387,973.49 $1,526.37 $0.00 $2,193.66 $391,693.52
160 $391,693.52 $1,526.37 $0.00 $2,214.69 $395,434.58
161 $395,434.58 $1,526.37 $0.00 $2,235.84 $399,196.79
162 $399,196.79 $1,526.37 $0.00 $2,257.12 $402,980.28
163 $402,980.28 $1,526.37 $0.00 $2,278.51 $406,785.16
164 $406,785.16 $1,526.37 $0.00 $2,300.02 $410,611.55
165 $410,611.55 $1,526.37 $0.00 $2,321.66 $414,459.58
166 $414,459.58 $1,526.37 $0.00 $2,343.41 $418,329.36
167 $418,329.36 $1,526.37 $0.00 $2,365.30 $422,221.03
168 $422,221.03 $1,526.37 $0.00 $2,387.30 $426,134.70
169 $426,134.70 $1,526.37 $0.00 $2,409.43 $430,070.50
170 $430,070.50 $1,526.37 $0.00 $2,431.68 $434,028.55
171 $434,028.55 $1,526.37 $0.00 $2,454.06 $438,008.98
172 $438,008.98 $1,526.37 $0.00 $2,476.57 $442,011.92
173 $442,011.92 $1,526.37 $0.00 $2,499.20 $446,037.49
174 $446,037.49 $1,526.37 $0.00 $2,521.96 $450,085.82
175 $450,085.82 $1,526.37 $0.00 $2,544.85 $454,157.04
176 $454,157.04 $1,526.37 $0.00 $2,567.87 $458,251.28
177 $458,251.28 $1,526.37 $0.00 $2,591.02 $462,368.67
178 $462,368.67 $1,526.37 $0.00 $2,614.30 $466,509.34
179 $466,509.34 $1,526.37 $0.00 $2,637.71 $470,673.42
180 $470,673.42 $1,526.37 $0.00 $2,661.26 $474,861.05
181 $474,861.05 $1,526.37 $0.00 $2,684.93 $479,072.35
182 $479,072.35 $1,526.37 $0.00 $2,708.74 $483,307.46
183 $483,307.46 $1,526.37 $0.00 $2,732.69 $487,566.52
184 $487,566.52 $1,526.37 $0.00 $2,756.77 $491,849.66
185 $491,849.66 $1,526.37 $0.00 $2,780.99 $496,157.02
186 $496,157.02 $1,526.37 $0.00 $2,805.34 $500,488.73
187 $500,488.73 $1,526.37 $0.00 $2,829.84 $504,844.94
188 $504,844.94 $1,526.37 $0.00 $2,854.47 $509,225.78
189 $509,225.78 $1,526.37 $0.00 $2,879.24 $513,631.39
190 $513,631.39 $1,526.37 $0.00 $2,904.15 $518,061.91
191 $518,061.91 $1,526.37 $0.00 $2,929.20 $522,517.48
192 $522,517.48 $1,526.37 $0.00 $2,954.39 $526,998.24
193 $526,998.24 $1,526.37 $0.00 $2,979.72 $531,504.33
194 $531,504.33 $1,526.37 $0.00 $3,005.20 $536,035.90
195 $536,035.90 $1,526.37 $0.00 $3,030.82 $540,593.09
196 $540,593.09 $1,526.37 $0.00 $3,056.59 $545,176.05
197 $545,176.05 $1,526.37 $0.00 $3,082.50 $549,784.92
198 $549,784.92 $1,526.37 $0.00 $3,108.56 $554,419.85
199 $554,419.85 $1,526.37 $0.00 $3,134.77 $559,080.99
200 $559,080.99 $1,526.37 $0.00 $3,161.13 $563,768.49
201 $563,768.49 $1,526.37 $0.00 $3,187.63 $568,482.49
202 $568,482.49 $1,526.37 $0.00 $3,214.28 $573,223.14
203 $573,223.14 $1,526.37 $0.00 $3,241.09 $577,990.60
204 $577,990.60 $1,526.37 $0.00 $3,268.04 $582,785.01
205 $582,785.01 $1,526.37 $0.00 $3,295.15 $587,606.53
206 $587,606.53 $1,526.37 $0.00 $3,322.41 $592,455.31
207 $592,455.31 $1,526.37 $0.00 $3,349.83 $597,331.51
208 $597,331.51 $1,526.37 $0.00 $3,377.40 $602,235.28
209 $602,235.28 $1,526.37 $0.00 $3,405.13 $607,166.78
210 $607,166.78 $1,526.37 $0.00 $3,433.01 $612,126.16
211 $612,126.16 $1,526.37 $0.00 $3,461.05 $617,113.58
212 $617,113.58 $1,526.37 $0.00 $3,489.25 $622,129.20
213 $622,129.20 $1,526.37 $0.00 $3,517.61 $627,173.18
214 $627,173.18 $1,526.37 $0.00 $3,546.13 $632,245.68
215 $632,245.68 $1,526.37 $0.00 $3,574.81 $637,346.86
216 $637,346.86 $1,526.37 $0.00 $3,603.65 $642,476.88
217 $642,476.88 $1,526.37 $178,951.39 $3,632.66 $468,684.52
218 $468,684.52 $1,526.37 $0.00 $2,650.01 $472,860.90
219 $472,860.90 $1,526.37 $0.00 $2,673.62 $477,060.89
220 $477,060.89 $1,526.37 $0.00 $2,697.37 $481,284.63
221 $481,284.63 $1,526.37 $0.00 $2,721.25 $485,532.25
222 $485,532.25 $1,526.37 $0.00 $2,745.27 $489,803.89
223 $489,803.89 $1,526.37 $0.00 $2,769.42 $494,099.68
224 $494,099.68 $1,526.37 $0.00 $2,793.71 $498,419.76
225 $498,419.76 $1,526.37 $0.00 $2,818.14 $502,764.27
226 $502,764.27 $1,526.37 $0.00 $2,842.70 $507,133.34
227 $507,133.34 $1,526.37 $0.00 $2,867.41 $511,527.12
228 $511,527.12 $1,526.37 $0.00 $2,892.25 $515,945.74
229 $515,945.74 $1,526.37 $187,898.96 $2,917.23 $332,490.38
230 $332,490.38 $1,526.37 $0.00 $1,879.95 $335,896.70
231 $335,896.70 $1,526.37 $0.00 $1,899.21 $339,322.28
232 $339,322.28 $1,526.37 $0.00 $1,918.58 $342,767.23
233 $342,767.23 $1,526.37 $0.00 $1,938.06 $346,231.66
234 $346,231.66 $1,526.37 $0.00 $1,957.64 $349,715.67
235 $349,715.67 $1,526.37 $0.00 $1,977.34 $353,219.38
236 $353,219.38 $1,526.37 $0.00 $1,997.15 $356,742.90
237 $356,742.90 $1,526.37 $0.00 $2,017.08 $360,286.35
238 $360,286.35 $1,526.37 $0.00 $2,037.11 $363,849.83
239 $363,849.83 $1,526.37 $0.00 $2,057.26 $367,433.46
240 $367,433.46 $1,526.37 $0.00 $2,077.52 $371,037.35
241 $371,037.35 $1,526.37 $197,293.91 $2,097.90 $177,367.71
242 $177,367.71 $1,526.37 $0.00 $1,002.86 $179,896.94
243 $179,896.94 $1,526.37 $0.00 $1,017.16 $182,440.47
244 $182,440.47 $1,526.37 $0.00 $1,031.54 $184,998.38
245 $184,998.38 $1,526.37 $0.00 $1,046.01 $187,570.76
246 $187,570.76 $1,526.37 $0.00 $1,060.55 $190,157.68
247 $190,157.68 $1,526.37 $0.00 $1,075.18 $192,759.23
248 $192,759.23 $1,526.37 $0.00 $1,089.89 $195,375.49
249 $195,375.49 $1,526.37 $0.00 $1,104.68 $198,006.54
250 $198,006.54 $1,526.37 $0.00 $1,119.56 $200,652.47
251 $200,652.47 $1,526.37 $0.00 $1,134.52 $203,313.36
252 $203,313.36 $1,526.37 $0.00 $1,149.56 $205,989.29
253 $205,989.29 $0.00 $207,158.61 $1,164.69 ($4.63)