Savings Plan and Future Cost Estimation for William Peace University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$127,544
Monthly savings required$1,010

How much will it cost to send your child to William Peace University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $510,177.26 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,009.62 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$49,184.00
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 $1,009.62 $0.00 $0.00 $1,009.62
2 $1,009.62 $1,009.62 $0.00 $5.71 $2,024.95
3 $2,024.95 $1,009.62 $0.00 $11.45 $3,046.02
4 $3,046.02 $1,009.62 $0.00 $17.22 $4,072.86
5 $4,072.86 $1,009.62 $0.00 $23.03 $5,105.51
6 $5,105.51 $1,009.62 $0.00 $28.87 $6,144.00
7 $6,144.00 $1,009.62 $0.00 $34.74 $7,188.36
8 $7,188.36 $1,009.62 $0.00 $40.64 $8,238.62
9 $8,238.62 $1,009.62 $0.00 $46.58 $9,294.82
10 $9,294.82 $1,009.62 $0.00 $52.55 $10,356.99
11 $10,356.99 $1,009.62 $0.00 $58.56 $11,425.17
12 $11,425.17 $1,009.62 $0.00 $64.60 $12,499.39
13 $12,499.39 $1,009.62 $0.00 $70.67 $13,579.68
14 $13,579.68 $1,009.62 $0.00 $76.78 $14,666.08
15 $14,666.08 $1,009.62 $0.00 $82.92 $15,758.62
16 $15,758.62 $1,009.62 $0.00 $89.10 $16,857.34
17 $16,857.34 $1,009.62 $0.00 $95.31 $17,962.27
18 $17,962.27 $1,009.62 $0.00 $101.56 $19,073.45
19 $19,073.45 $1,009.62 $0.00 $107.84 $20,190.91
20 $20,190.91 $1,009.62 $0.00 $114.16 $21,314.69
21 $21,314.69 $1,009.62 $0.00 $120.52 $22,444.83
22 $22,444.83 $1,009.62 $0.00 $126.91 $23,581.36
23 $23,581.36 $1,009.62 $0.00 $133.33 $24,724.31
24 $24,724.31 $1,009.62 $0.00 $139.79 $25,873.72
25 $25,873.72 $1,009.62 $0.00 $146.29 $27,029.63
26 $27,029.63 $1,009.62 $0.00 $152.83 $28,192.08
27 $28,192.08 $1,009.62 $0.00 $159.40 $29,361.10
28 $29,361.10 $1,009.62 $0.00 $166.01 $30,536.73
29 $30,536.73 $1,009.62 $0.00 $172.66 $31,719.01
30 $31,719.01 $1,009.62 $0.00 $179.34 $32,907.97
31 $32,907.97 $1,009.62 $0.00 $186.07 $34,103.66
32 $34,103.66 $1,009.62 $0.00 $192.83 $35,306.11
33 $35,306.11 $1,009.62 $0.00 $199.63 $36,515.36
34 $36,515.36 $1,009.62 $0.00 $206.46 $37,731.44
35 $37,731.44 $1,009.62 $0.00 $213.34 $38,954.40
36 $38,954.40 $1,009.62 $0.00 $220.25 $40,184.27
37 $40,184.27 $1,009.62 $0.00 $227.21 $41,421.10
38 $41,421.10 $1,009.62 $0.00 $234.20 $42,664.92
39 $42,664.92 $1,009.62 $0.00 $241.23 $43,915.77
40 $43,915.77 $1,009.62 $0.00 $248.31 $45,173.70
41 $45,173.70 $1,009.62 $0.00 $255.42 $46,438.74
42 $46,438.74 $1,009.62 $0.00 $262.57 $47,710.93
43 $47,710.93 $1,009.62 $0.00 $269.76 $48,990.31
44 $48,990.31 $1,009.62 $0.00 $277.00 $50,276.93
45 $50,276.93 $1,009.62 $0.00 $284.27 $51,570.82
46 $51,570.82 $1,009.62 $0.00 $291.59 $52,872.03
47 $52,872.03 $1,009.62 $0.00 $298.95 $54,180.60
48 $54,180.60 $1,009.62 $0.00 $306.34 $55,496.56
49 $55,496.56 $1,009.62 $0.00 $313.79 $56,819.97
50 $56,819.97 $1,009.62 $0.00 $321.27 $58,150.86
51 $58,150.86 $1,009.62 $0.00 $328.79 $59,489.27
52 $59,489.27 $1,009.62 $0.00 $336.36 $60,835.25
53 $60,835.25 $1,009.62 $0.00 $343.97 $62,188.84
54 $62,188.84 $1,009.62 $0.00 $351.62 $63,550.08
55 $63,550.08 $1,009.62 $0.00 $359.32 $64,919.02
56 $64,919.02 $1,009.62 $0.00 $367.06 $66,295.70
57 $66,295.70 $1,009.62 $0.00 $374.85 $67,680.17
58 $67,680.17 $1,009.62 $0.00 $382.67 $69,072.46
59 $69,072.46 $1,009.62 $0.00 $390.55 $70,472.63
60 $70,472.63 $1,009.62 $0.00 $398.46 $71,880.71
61 $71,880.71 $1,009.62 $0.00 $406.42 $73,296.75
62 $73,296.75 $1,009.62 $0.00 $414.43 $74,720.80
63 $74,720.80 $1,009.62 $0.00 $422.48 $76,152.90
64 $76,152.90 $1,009.62 $0.00 $430.58 $77,593.10
65 $77,593.10 $1,009.62 $0.00 $438.72 $79,041.44
66 $79,041.44 $1,009.62 $0.00 $446.91 $80,497.97
67 $80,497.97 $1,009.62 $0.00 $455.15 $81,962.74
68 $81,962.74 $1,009.62 $0.00 $463.43 $83,435.79
69 $83,435.79 $1,009.62 $0.00 $471.76 $84,917.17
70 $84,917.17 $1,009.62 $0.00 $480.13 $86,406.92
71 $86,406.92 $1,009.62 $0.00 $488.56 $87,905.10
72 $87,905.10 $1,009.62 $0.00 $497.03 $89,411.75
73 $89,411.75 $1,009.62 $0.00 $505.55 $90,926.92
74 $90,926.92 $1,009.62 $0.00 $514.11 $92,450.65
75 $92,450.65 $1,009.62 $0.00 $522.73 $93,983.00
76 $93,983.00 $1,009.62 $0.00 $531.39 $95,524.01
77 $95,524.01 $1,009.62 $0.00 $540.11 $97,073.74
78 $97,073.74 $1,009.62 $0.00 $548.87 $98,632.23
79 $98,632.23 $1,009.62 $0.00 $557.68 $100,199.53
80 $100,199.53 $1,009.62 $0.00 $566.54 $101,775.69
81 $101,775.69 $1,009.62 $0.00 $575.45 $103,360.76
82 $103,360.76 $1,009.62 $0.00 $584.42 $104,954.80
83 $104,954.80 $1,009.62 $0.00 $593.43 $106,557.85
84 $106,557.85 $1,009.62 $0.00 $602.49 $108,169.96
85 $108,169.96 $1,009.62 $0.00 $611.61 $109,791.19
86 $109,791.19 $1,009.62 $0.00 $620.78 $111,421.59
87 $111,421.59 $1,009.62 $0.00 $629.99 $113,061.20
88 $113,061.20 $1,009.62 $0.00 $639.26 $114,710.08
89 $114,710.08 $1,009.62 $0.00 $648.59 $116,368.29
90 $116,368.29 $1,009.62 $0.00 $657.96 $118,035.87
91 $118,035.87 $1,009.62 $0.00 $667.39 $119,712.88
92 $119,712.88 $1,009.62 $0.00 $676.87 $121,399.37
93 $121,399.37 $1,009.62 $0.00 $686.41 $123,095.40
94 $123,095.40 $1,009.62 $0.00 $696.00 $124,801.02
95 $124,801.02 $1,009.62 $0.00 $705.64 $126,516.28
96 $126,516.28 $1,009.62 $0.00 $715.34 $128,241.24
97 $128,241.24 $1,009.62 $0.00 $725.09 $129,975.95
98 $129,975.95 $1,009.62 $0.00 $734.90 $131,720.47
99 $131,720.47 $1,009.62 $0.00 $744.77 $133,474.86
100 $133,474.86 $1,009.62 $0.00 $754.69 $135,239.17
101 $135,239.17 $1,009.62 $0.00 $764.66 $137,013.45
102 $137,013.45 $1,009.62 $0.00 $774.69 $138,797.76
103 $138,797.76 $1,009.62 $0.00 $784.78 $140,592.16
104 $140,592.16 $1,009.62 $0.00 $794.93 $142,396.71
105 $142,396.71 $1,009.62 $0.00 $805.13 $144,211.46
106 $144,211.46 $1,009.62 $0.00 $815.39 $146,036.47
107 $146,036.47 $1,009.62 $0.00 $825.71 $147,871.80
108 $147,871.80 $1,009.62 $0.00 $836.09 $149,717.51
109 $149,717.51 $1,009.62 $0.00 $846.52 $151,573.65
110 $151,573.65 $1,009.62 $0.00 $857.02 $153,440.29
111 $153,440.29 $1,009.62 $0.00 $867.57 $155,317.48
112 $155,317.48 $1,009.62 $0.00 $878.19 $157,205.29
113 $157,205.29 $1,009.62 $0.00 $888.86 $159,103.77
114 $159,103.77 $1,009.62 $0.00 $899.60 $161,012.99
115 $161,012.99 $1,009.62 $0.00 $910.39 $162,933.00
116 $162,933.00 $1,009.62 $0.00 $921.25 $164,863.87
117 $164,863.87 $1,009.62 $0.00 $932.16 $166,805.65
118 $166,805.65 $1,009.62 $0.00 $943.14 $168,758.41
119 $168,758.41 $1,009.62 $0.00 $954.18 $170,722.21
120 $170,722.21 $1,009.62 $0.00 $965.29 $172,697.12
121 $172,697.12 $1,009.62 $0.00 $976.45 $174,683.19
122 $174,683.19 $1,009.62 $0.00 $987.68 $176,680.49
123 $176,680.49 $1,009.62 $0.00 $998.98 $178,689.09
124 $178,689.09 $1,009.62 $0.00 $1,010.33 $180,709.04
125 $180,709.04 $1,009.62 $0.00 $1,021.76 $182,740.42
126 $182,740.42 $1,009.62 $0.00 $1,033.24 $184,783.28
127 $184,783.28 $1,009.62 $0.00 $1,044.79 $186,837.69
128 $186,837.69 $1,009.62 $0.00 $1,056.41 $188,903.72
129 $188,903.72 $1,009.62 $0.00 $1,068.09 $190,981.43
130 $190,981.43 $1,009.62 $0.00 $1,079.84 $193,070.89
131 $193,070.89 $1,009.62 $0.00 $1,091.65 $195,172.16
132 $195,172.16 $1,009.62 $0.00 $1,103.53 $197,285.31
133 $197,285.31 $1,009.62 $0.00 $1,115.48 $199,410.41
134 $199,410.41 $1,009.62 $0.00 $1,127.50 $201,547.53
135 $201,547.53 $1,009.62 $0.00 $1,139.58 $203,696.73
136 $203,696.73 $1,009.62 $0.00 $1,151.73 $205,858.08
137 $205,858.08 $1,009.62 $0.00 $1,163.95 $208,031.65
138 $208,031.65 $1,009.62 $0.00 $1,176.24 $210,217.51
139 $210,217.51 $1,009.62 $0.00 $1,188.60 $212,415.73
140 $212,415.73 $1,009.62 $0.00 $1,201.03 $214,626.38
141 $214,626.38 $1,009.62 $0.00 $1,213.53 $216,849.53
142 $216,849.53 $1,009.62 $0.00 $1,226.10 $219,085.25
143 $219,085.25 $1,009.62 $0.00 $1,238.74 $221,333.61
144 $221,333.61 $1,009.62 $0.00 $1,251.45 $223,594.68
145 $223,594.68 $1,009.62 $0.00 $1,264.24 $225,868.54
146 $225,868.54 $1,009.62 $0.00 $1,277.09 $228,155.25
147 $228,155.25 $1,009.62 $0.00 $1,290.02 $230,454.89
148 $230,454.89 $1,009.62 $0.00 $1,303.03 $232,767.54
149 $232,767.54 $1,009.62 $0.00 $1,316.10 $235,093.26
150 $235,093.26 $1,009.62 $0.00 $1,329.25 $237,432.13
151 $237,432.13 $1,009.62 $0.00 $1,342.48 $239,784.23
152 $239,784.23 $1,009.62 $0.00 $1,355.77 $242,149.62
153 $242,149.62 $1,009.62 $0.00 $1,369.15 $244,528.39
154 $244,528.39 $1,009.62 $0.00 $1,382.60 $246,920.61
155 $246,920.61 $1,009.62 $0.00 $1,396.13 $249,326.36
156 $249,326.36 $1,009.62 $0.00 $1,409.73 $251,745.71
157 $251,745.71 $1,009.62 $0.00 $1,423.41 $254,178.74
158 $254,178.74 $1,009.62 $0.00 $1,437.16 $256,625.52
159 $256,625.52 $1,009.62 $0.00 $1,451.00 $259,086.14
160 $259,086.14 $1,009.62 $0.00 $1,464.91 $261,560.67
161 $261,560.67 $1,009.62 $0.00 $1,478.90 $264,049.19
162 $264,049.19 $1,009.62 $0.00 $1,492.97 $266,551.78
163 $266,551.78 $1,009.62 $0.00 $1,507.12 $269,068.52
164 $269,068.52 $1,009.62 $0.00 $1,521.35 $271,599.49
165 $271,599.49 $1,009.62 $0.00 $1,535.66 $274,144.77
166 $274,144.77 $1,009.62 $0.00 $1,550.05 $276,704.44
167 $276,704.44 $1,009.62 $0.00 $1,564.53 $279,278.59
168 $279,278.59 $1,009.62 $0.00 $1,579.08 $281,867.29
169 $281,867.29 $1,009.62 $0.00 $1,593.72 $284,470.63
170 $284,470.63 $1,009.62 $0.00 $1,608.44 $287,088.69
171 $287,088.69 $1,009.62 $0.00 $1,623.24 $289,721.55
172 $289,721.55 $1,009.62 $0.00 $1,638.13 $292,369.30
173 $292,369.30 $1,009.62 $0.00 $1,653.10 $295,032.02
174 $295,032.02 $1,009.62 $0.00 $1,668.15 $297,709.79
175 $297,709.79 $1,009.62 $0.00 $1,683.29 $300,402.70
176 $300,402.70 $1,009.62 $0.00 $1,698.52 $303,110.84
177 $303,110.84 $1,009.62 $0.00 $1,713.83 $305,834.29
178 $305,834.29 $1,009.62 $0.00 $1,729.23 $308,573.14
179 $308,573.14 $1,009.62 $0.00 $1,744.72 $311,327.48
180 $311,327.48 $1,009.62 $0.00 $1,760.29 $314,097.39
181 $314,097.39 $1,009.62 $0.00 $1,775.95 $316,882.96
182 $316,882.96 $1,009.62 $0.00 $1,791.70 $319,684.28
183 $319,684.28 $1,009.62 $0.00 $1,807.54 $322,501.44
184 $322,501.44 $1,009.62 $0.00 $1,823.47 $325,334.53
185 $325,334.53 $1,009.62 $0.00 $1,839.49 $328,183.64
186 $328,183.64 $1,009.62 $0.00 $1,855.60 $331,048.86
187 $331,048.86 $1,009.62 $0.00 $1,871.80 $333,930.28
188 $333,930.28 $1,009.62 $0.00 $1,888.09 $336,827.99
189 $336,827.99 $1,009.62 $0.00 $1,904.47 $339,742.08
190 $339,742.08 $1,009.62 $0.00 $1,920.95 $342,672.65
191 $342,672.65 $1,009.62 $0.00 $1,937.52 $345,619.79
192 $345,619.79 $1,009.62 $0.00 $1,954.18 $348,583.59
193 $348,583.59 $1,009.62 $0.00 $1,970.94 $351,564.15
194 $351,564.15 $1,009.62 $0.00 $1,987.79 $354,561.56
195 $354,561.56 $1,009.62 $0.00 $2,004.74 $357,575.92
196 $357,575.92 $1,009.62 $0.00 $2,021.79 $360,607.33
197 $360,607.33 $1,009.62 $0.00 $2,038.93 $363,655.88
198 $363,655.88 $1,009.62 $0.00 $2,056.16 $366,721.66
199 $366,721.66 $1,009.62 $0.00 $2,073.50 $369,804.78
200 $369,804.78 $1,009.62 $0.00 $2,090.93 $372,905.33
201 $372,905.33 $1,009.62 $0.00 $2,108.46 $376,023.41
202 $376,023.41 $1,009.62 $0.00 $2,126.09 $379,159.12
203 $379,159.12 $1,009.62 $0.00 $2,143.82 $382,312.56
204 $382,312.56 $1,009.62 $0.00 $2,161.65 $385,483.83
205 $385,483.83 $1,009.62 $0.00 $2,179.58 $388,673.03
206 $388,673.03 $1,009.62 $0.00 $2,197.61 $391,880.26
207 $391,880.26 $1,009.62 $0.00 $2,215.75 $395,105.63
208 $395,105.63 $1,009.62 $0.00 $2,233.98 $398,349.23
209 $398,349.23 $1,009.62 $0.00 $2,252.32 $401,611.17
210 $401,611.17 $1,009.62 $0.00 $2,270.77 $404,891.56
211 $404,891.56 $1,009.62 $0.00 $2,289.32 $408,190.50
212 $408,190.50 $1,009.62 $0.00 $2,307.97 $411,508.09
213 $411,508.09 $1,009.62 $0.00 $2,326.73 $414,844.44
214 $414,844.44 $1,009.62 $0.00 $2,345.59 $418,199.65
215 $418,199.65 $1,009.62 $0.00 $2,364.56 $421,573.83
216 $421,573.83 $1,009.62 $0.00 $2,383.64 $424,967.09
217 $424,967.09 $1,009.62 $118,367.16 $2,402.83 $310,012.38
218 $310,012.38 $1,009.62 $0.00 $1,752.86 $312,774.86
219 $312,774.86 $1,009.62 $0.00 $1,768.47 $315,552.95
220 $315,552.95 $1,009.62 $0.00 $1,784.18 $318,346.75
221 $318,346.75 $1,009.62 $0.00 $1,799.98 $321,156.35
222 $321,156.35 $1,009.62 $0.00 $1,815.86 $323,981.83
223 $323,981.83 $1,009.62 $0.00 $1,831.84 $326,823.29
224 $326,823.29 $1,009.62 $0.00 $1,847.91 $329,680.82
225 $329,680.82 $1,009.62 $0.00 $1,864.06 $332,554.50
226 $332,554.50 $1,009.62 $0.00 $1,880.31 $335,444.43
227 $335,444.43 $1,009.62 $0.00 $1,896.65 $338,350.70
228 $338,350.70 $1,009.62 $0.00 $1,913.08 $341,273.40
229 $341,273.40 $1,009.62 $124,285.52 $1,929.61 $219,927.11
230 $219,927.11 $1,009.62 $0.00 $1,243.50 $222,180.23
231 $222,180.23 $1,009.62 $0.00 $1,256.24 $224,446.09
232 $224,446.09 $1,009.62 $0.00 $1,269.05 $226,724.76
233 $226,724.76 $1,009.62 $0.00 $1,281.93 $229,016.31
234 $229,016.31 $1,009.62 $0.00 $1,294.89 $231,320.82
235 $231,320.82 $1,009.62 $0.00 $1,307.92 $233,638.36
236 $233,638.36 $1,009.62 $0.00 $1,321.03 $235,969.01
237 $235,969.01 $1,009.62 $0.00 $1,334.20 $238,312.83
238 $238,312.83 $1,009.62 $0.00 $1,347.46 $240,669.91
239 $240,669.91 $1,009.62 $0.00 $1,360.78 $243,040.31
240 $243,040.31 $1,009.62 $0.00 $1,374.19 $245,424.12
241 $245,424.12 $1,009.62 $130,499.79 $1,387.66 $117,321.61
242 $117,321.61 $1,009.62 $0.00 $663.35 $118,994.58
243 $118,994.58 $1,009.62 $0.00 $672.81 $120,677.01
244 $120,677.01 $1,009.62 $0.00 $682.33 $122,368.96
245 $122,368.96 $1,009.62 $0.00 $691.89 $124,070.47
246 $124,070.47 $1,009.62 $0.00 $701.51 $125,781.60
247 $125,781.60 $1,009.62 $0.00 $711.19 $127,502.41
248 $127,502.41 $1,009.62 $0.00 $720.92 $129,232.95
249 $129,232.95 $1,009.62 $0.00 $730.70 $130,973.27
250 $130,973.27 $1,009.62 $0.00 $740.54 $132,723.43
251 $132,723.43 $1,009.62 $0.00 $750.44 $134,483.49
252 $134,483.49 $1,009.62 $0.00 $760.39 $136,253.50
253 $136,253.50 $0.00 $137,024.78 $770.40 ($0.88)