Savings Plan and Future Cost Estimation for Marietta College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$132,741
Monthly savings required$1,051

How much will it cost to send your child to Marietta College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $530,964.41 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,050.75 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$51,188.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,050.75 $0.00 $0.00 $1,050.75
2 $1,050.75 $1,050.75 $0.00 $5.94 $2,107.44
3 $2,107.44 $1,050.75 $0.00 $11.92 $3,170.11
4 $3,170.11 $1,050.75 $0.00 $17.92 $4,238.78
5 $4,238.78 $1,050.75 $0.00 $23.97 $5,313.50
6 $5,313.50 $1,050.75 $0.00 $30.04 $6,394.29
7 $6,394.29 $1,050.75 $0.00 $36.15 $7,481.19
8 $7,481.19 $1,050.75 $0.00 $42.30 $8,574.24
9 $8,574.24 $1,050.75 $0.00 $48.48 $9,673.47
10 $9,673.47 $1,050.75 $0.00 $54.70 $10,778.92
11 $10,778.92 $1,050.75 $0.00 $60.95 $11,890.62
12 $11,890.62 $1,050.75 $0.00 $67.23 $13,008.60
13 $13,008.60 $1,050.75 $0.00 $73.55 $14,132.90
14 $14,132.90 $1,050.75 $0.00 $79.91 $15,263.56
15 $15,263.56 $1,050.75 $0.00 $86.30 $16,400.61
16 $16,400.61 $1,050.75 $0.00 $92.73 $17,544.09
17 $17,544.09 $1,050.75 $0.00 $99.20 $18,694.04
18 $18,694.04 $1,050.75 $0.00 $105.70 $19,850.49
19 $19,850.49 $1,050.75 $0.00 $112.24 $21,013.48
20 $21,013.48 $1,050.75 $0.00 $118.81 $22,183.04
21 $22,183.04 $1,050.75 $0.00 $125.43 $23,359.22
22 $23,359.22 $1,050.75 $0.00 $132.08 $24,542.05
23 $24,542.05 $1,050.75 $0.00 $138.76 $25,731.56
24 $25,731.56 $1,050.75 $0.00 $145.49 $26,927.80
25 $26,927.80 $1,050.75 $0.00 $152.25 $28,130.80
26 $28,130.80 $1,050.75 $0.00 $159.06 $29,340.61
27 $29,340.61 $1,050.75 $0.00 $165.90 $30,557.26
28 $30,557.26 $1,050.75 $0.00 $172.78 $31,780.79
29 $31,780.79 $1,050.75 $0.00 $179.69 $33,011.23
30 $33,011.23 $1,050.75 $0.00 $186.65 $34,248.63
31 $34,248.63 $1,050.75 $0.00 $193.65 $35,493.03
32 $35,493.03 $1,050.75 $0.00 $200.68 $36,744.46
33 $36,744.46 $1,050.75 $0.00 $207.76 $38,002.97
34 $38,002.97 $1,050.75 $0.00 $214.87 $39,268.59
35 $39,268.59 $1,050.75 $0.00 $222.03 $40,541.37
36 $40,541.37 $1,050.75 $0.00 $229.23 $41,821.35
37 $41,821.35 $1,050.75 $0.00 $236.46 $43,108.56
38 $43,108.56 $1,050.75 $0.00 $243.74 $44,403.05
39 $44,403.05 $1,050.75 $0.00 $251.06 $45,704.86
40 $45,704.86 $1,050.75 $0.00 $258.42 $47,014.03
41 $47,014.03 $1,050.75 $0.00 $265.82 $48,330.60
42 $48,330.60 $1,050.75 $0.00 $273.27 $49,654.62
43 $49,654.62 $1,050.75 $0.00 $280.75 $50,986.12
44 $50,986.12 $1,050.75 $0.00 $288.28 $52,325.15
45 $52,325.15 $1,050.75 $0.00 $295.85 $53,671.75
46 $53,671.75 $1,050.75 $0.00 $303.47 $55,025.97
47 $55,025.97 $1,050.75 $0.00 $311.12 $56,387.84
48 $56,387.84 $1,050.75 $0.00 $318.83 $57,757.42
49 $57,757.42 $1,050.75 $0.00 $326.57 $59,134.74
50 $59,134.74 $1,050.75 $0.00 $334.36 $60,519.85
51 $60,519.85 $1,050.75 $0.00 $342.19 $61,912.79
52 $61,912.79 $1,050.75 $0.00 $350.06 $63,313.60
53 $63,313.60 $1,050.75 $0.00 $357.98 $64,722.33
54 $64,722.33 $1,050.75 $0.00 $365.95 $66,139.03
55 $66,139.03 $1,050.75 $0.00 $373.96 $67,563.74
56 $67,563.74 $1,050.75 $0.00 $382.02 $68,996.51
57 $68,996.51 $1,050.75 $0.00 $390.12 $70,437.38
58 $70,437.38 $1,050.75 $0.00 $398.26 $71,886.39
59 $71,886.39 $1,050.75 $0.00 $406.46 $73,343.60
60 $73,343.60 $1,050.75 $0.00 $414.70 $74,809.05
61 $74,809.05 $1,050.75 $0.00 $422.98 $76,282.78
62 $76,282.78 $1,050.75 $0.00 $431.31 $77,764.84
63 $77,764.84 $1,050.75 $0.00 $439.69 $79,255.28
64 $79,255.28 $1,050.75 $0.00 $448.12 $80,754.15
65 $80,754.15 $1,050.75 $0.00 $456.60 $82,261.50
66 $82,261.50 $1,050.75 $0.00 $465.12 $83,777.37
67 $83,777.37 $1,050.75 $0.00 $473.69 $85,301.81
68 $85,301.81 $1,050.75 $0.00 $482.31 $86,834.87
69 $86,834.87 $1,050.75 $0.00 $490.98 $88,376.60
70 $88,376.60 $1,050.75 $0.00 $499.69 $89,927.04
71 $89,927.04 $1,050.75 $0.00 $508.46 $91,486.25
72 $91,486.25 $1,050.75 $0.00 $517.28 $93,054.28
73 $93,054.28 $1,050.75 $0.00 $526.14 $94,631.17
74 $94,631.17 $1,050.75 $0.00 $535.06 $96,216.98
75 $96,216.98 $1,050.75 $0.00 $544.02 $97,811.75
76 $97,811.75 $1,050.75 $0.00 $553.04 $99,415.54
77 $99,415.54 $1,050.75 $0.00 $562.11 $101,028.40
78 $101,028.40 $1,050.75 $0.00 $571.23 $102,650.38
79 $102,650.38 $1,050.75 $0.00 $580.40 $104,281.53
80 $104,281.53 $1,050.75 $0.00 $589.62 $105,921.90
81 $105,921.90 $1,050.75 $0.00 $598.90 $107,571.55
82 $107,571.55 $1,050.75 $0.00 $608.23 $109,230.53
83 $109,230.53 $1,050.75 $0.00 $617.61 $110,898.89
84 $110,898.89 $1,050.75 $0.00 $627.04 $112,576.68
85 $112,576.68 $1,050.75 $0.00 $636.52 $114,263.95
86 $114,263.95 $1,050.75 $0.00 $646.06 $115,960.76
87 $115,960.76 $1,050.75 $0.00 $655.66 $117,667.17
88 $117,667.17 $1,050.75 $0.00 $665.31 $119,383.23
89 $119,383.23 $1,050.75 $0.00 $675.01 $121,108.99
90 $121,108.99 $1,050.75 $0.00 $684.77 $122,844.51
91 $122,844.51 $1,050.75 $0.00 $694.58 $124,589.84
92 $124,589.84 $1,050.75 $0.00 $704.45 $126,345.04
93 $126,345.04 $1,050.75 $0.00 $714.37 $128,110.16
94 $128,110.16 $1,050.75 $0.00 $724.35 $129,885.26
95 $129,885.26 $1,050.75 $0.00 $734.39 $131,670.40
96 $131,670.40 $1,050.75 $0.00 $744.48 $133,465.63
97 $133,465.63 $1,050.75 $0.00 $754.63 $135,271.01
98 $135,271.01 $1,050.75 $0.00 $764.84 $137,086.60
99 $137,086.60 $1,050.75 $0.00 $775.11 $138,912.46
100 $138,912.46 $1,050.75 $0.00 $785.43 $140,748.64
101 $140,748.64 $1,050.75 $0.00 $795.81 $142,595.20
102 $142,595.20 $1,050.75 $0.00 $806.25 $144,452.20
103 $144,452.20 $1,050.75 $0.00 $816.75 $146,319.70
104 $146,319.70 $1,050.75 $0.00 $827.31 $148,197.76
105 $148,197.76 $1,050.75 $0.00 $837.93 $150,086.44
106 $150,086.44 $1,050.75 $0.00 $848.61 $151,985.80
107 $151,985.80 $1,050.75 $0.00 $859.35 $153,895.90
108 $153,895.90 $1,050.75 $0.00 $870.15 $155,816.80
109 $155,816.80 $1,050.75 $0.00 $881.01 $157,748.56
110 $157,748.56 $1,050.75 $0.00 $891.93 $159,691.24
111 $159,691.24 $1,050.75 $0.00 $902.92 $161,644.91
112 $161,644.91 $1,050.75 $0.00 $913.96 $163,609.62
113 $163,609.62 $1,050.75 $0.00 $925.07 $165,585.44
114 $165,585.44 $1,050.75 $0.00 $936.24 $167,572.43
115 $167,572.43 $1,050.75 $0.00 $947.48 $169,570.66
116 $169,570.66 $1,050.75 $0.00 $958.78 $171,580.19
117 $171,580.19 $1,050.75 $0.00 $970.14 $173,601.08
118 $173,601.08 $1,050.75 $0.00 $981.57 $175,633.40
119 $175,633.40 $1,050.75 $0.00 $993.06 $177,677.21
120 $177,677.21 $1,050.75 $0.00 $1,004.61 $179,732.57
121 $179,732.57 $1,050.75 $0.00 $1,016.23 $181,799.55
122 $181,799.55 $1,050.75 $0.00 $1,027.92 $183,878.22
123 $183,878.22 $1,050.75 $0.00 $1,039.67 $185,968.64
124 $185,968.64 $1,050.75 $0.00 $1,051.49 $188,070.88
125 $188,070.88 $1,050.75 $0.00 $1,063.38 $190,185.01
126 $190,185.01 $1,050.75 $0.00 $1,075.33 $192,311.09
127 $192,311.09 $1,050.75 $0.00 $1,087.35 $194,449.19
128 $194,449.19 $1,050.75 $0.00 $1,099.44 $196,599.38
129 $196,599.38 $1,050.75 $0.00 $1,111.60 $198,761.73
130 $198,761.73 $1,050.75 $0.00 $1,123.83 $200,936.31
131 $200,936.31 $1,050.75 $0.00 $1,136.12 $203,123.18
132 $203,123.18 $1,050.75 $0.00 $1,148.49 $205,322.42
133 $205,322.42 $1,050.75 $0.00 $1,160.92 $207,534.09
134 $207,534.09 $1,050.75 $0.00 $1,173.43 $209,758.27
135 $209,758.27 $1,050.75 $0.00 $1,186.00 $211,995.02
136 $211,995.02 $1,050.75 $0.00 $1,198.65 $214,244.42
137 $214,244.42 $1,050.75 $0.00 $1,211.37 $216,506.54
138 $216,506.54 $1,050.75 $0.00 $1,224.16 $218,781.45
139 $218,781.45 $1,050.75 $0.00 $1,237.02 $221,069.22
140 $221,069.22 $1,050.75 $0.00 $1,249.96 $223,369.93
141 $223,369.93 $1,050.75 $0.00 $1,262.97 $225,683.65
142 $225,683.65 $1,050.75 $0.00 $1,276.05 $228,010.45
143 $228,010.45 $1,050.75 $0.00 $1,289.20 $230,350.40
144 $230,350.40 $1,050.75 $0.00 $1,302.43 $232,703.58
145 $232,703.58 $1,050.75 $0.00 $1,315.74 $235,070.07
146 $235,070.07 $1,050.75 $0.00 $1,329.12 $237,449.94
147 $237,449.94 $1,050.75 $0.00 $1,342.58 $239,843.27
148 $239,843.27 $1,050.75 $0.00 $1,356.11 $242,250.13
149 $242,250.13 $1,050.75 $0.00 $1,369.72 $244,670.60
150 $244,670.60 $1,050.75 $0.00 $1,383.40 $247,104.75
151 $247,104.75 $1,050.75 $0.00 $1,397.17 $249,552.67
152 $249,552.67 $1,050.75 $0.00 $1,411.01 $252,014.43
153 $252,014.43 $1,050.75 $0.00 $1,424.93 $254,490.11
154 $254,490.11 $1,050.75 $0.00 $1,438.92 $256,979.78
155 $256,979.78 $1,050.75 $0.00 $1,453.00 $259,483.53
156 $259,483.53 $1,050.75 $0.00 $1,467.16 $262,001.44
157 $262,001.44 $1,050.75 $0.00 $1,481.39 $264,533.58
158 $264,533.58 $1,050.75 $0.00 $1,495.71 $267,080.04
159 $267,080.04 $1,050.75 $0.00 $1,510.11 $269,640.90
160 $269,640.90 $1,050.75 $0.00 $1,524.59 $272,216.24
161 $272,216.24 $1,050.75 $0.00 $1,539.15 $274,806.14
162 $274,806.14 $1,050.75 $0.00 $1,553.79 $277,410.68
163 $277,410.68 $1,050.75 $0.00 $1,568.52 $280,029.95
164 $280,029.95 $1,050.75 $0.00 $1,583.33 $282,664.03
165 $282,664.03 $1,050.75 $0.00 $1,598.22 $285,313.00
166 $285,313.00 $1,050.75 $0.00 $1,613.20 $287,976.95
167 $287,976.95 $1,050.75 $0.00 $1,628.26 $290,655.96
168 $290,655.96 $1,050.75 $0.00 $1,643.41 $293,350.12
169 $293,350.12 $1,050.75 $0.00 $1,658.64 $296,059.51
170 $296,059.51 $1,050.75 $0.00 $1,673.96 $298,784.22
171 $298,784.22 $1,050.75 $0.00 $1,689.37 $301,524.34
172 $301,524.34 $1,050.75 $0.00 $1,704.86 $304,279.95
173 $304,279.95 $1,050.75 $0.00 $1,720.44 $307,051.14
174 $307,051.14 $1,050.75 $0.00 $1,736.11 $309,838.00
175 $309,838.00 $1,050.75 $0.00 $1,751.87 $312,640.62
176 $312,640.62 $1,050.75 $0.00 $1,767.72 $315,459.09
177 $315,459.09 $1,050.75 $0.00 $1,783.65 $318,293.49
178 $318,293.49 $1,050.75 $0.00 $1,799.68 $321,143.92
179 $321,143.92 $1,050.75 $0.00 $1,815.79 $324,010.46
180 $324,010.46 $1,050.75 $0.00 $1,832.00 $326,893.21
181 $326,893.21 $1,050.75 $0.00 $1,848.30 $329,792.26
182 $329,792.26 $1,050.75 $0.00 $1,864.69 $332,707.70
183 $332,707.70 $1,050.75 $0.00 $1,881.18 $335,639.63
184 $335,639.63 $1,050.75 $0.00 $1,897.76 $338,588.14
185 $338,588.14 $1,050.75 $0.00 $1,914.43 $341,553.32
186 $341,553.32 $1,050.75 $0.00 $1,931.19 $344,535.26
187 $344,535.26 $1,050.75 $0.00 $1,948.05 $347,534.06
188 $347,534.06 $1,050.75 $0.00 $1,965.01 $350,549.82
189 $350,549.82 $1,050.75 $0.00 $1,982.06 $353,582.63
190 $353,582.63 $1,050.75 $0.00 $1,999.21 $356,632.59
191 $356,632.59 $1,050.75 $0.00 $2,016.45 $359,699.79
192 $359,699.79 $1,050.75 $0.00 $2,033.79 $362,784.33
193 $362,784.33 $1,050.75 $0.00 $2,051.24 $365,886.32
194 $365,886.32 $1,050.75 $0.00 $2,068.77 $369,005.84
195 $369,005.84 $1,050.75 $0.00 $2,086.41 $372,143.00
196 $372,143.00 $1,050.75 $0.00 $2,104.15 $375,297.90
197 $375,297.90 $1,050.75 $0.00 $2,121.99 $378,470.64
198 $378,470.64 $1,050.75 $0.00 $2,139.93 $381,661.32
199 $381,661.32 $1,050.75 $0.00 $2,157.97 $384,870.04
200 $384,870.04 $1,050.75 $0.00 $2,176.11 $388,096.90
201 $388,096.90 $1,050.75 $0.00 $2,194.36 $391,342.01
202 $391,342.01 $1,050.75 $0.00 $2,212.70 $394,605.46
203 $394,605.46 $1,050.75 $0.00 $2,231.16 $397,887.37
204 $397,887.37 $1,050.75 $0.00 $2,249.71 $401,187.83
205 $401,187.83 $1,050.75 $0.00 $2,268.37 $404,506.95
206 $404,506.95 $1,050.75 $0.00 $2,287.14 $407,844.84
207 $407,844.84 $1,050.75 $0.00 $2,306.01 $411,201.60
208 $411,201.60 $1,050.75 $0.00 $2,324.99 $414,577.34
209 $414,577.34 $1,050.75 $0.00 $2,344.08 $417,972.17
210 $417,972.17 $1,050.75 $0.00 $2,363.28 $421,386.20
211 $421,386.20 $1,050.75 $0.00 $2,382.58 $424,819.53
212 $424,819.53 $1,050.75 $0.00 $2,401.99 $428,272.27
213 $428,272.27 $1,050.75 $0.00 $2,421.51 $431,744.53
214 $431,744.53 $1,050.75 $0.00 $2,441.15 $435,236.43
215 $435,236.43 $1,050.75 $0.00 $2,460.89 $438,748.07
216 $438,748.07 $1,050.75 $0.00 $2,480.75 $442,279.57
217 $442,279.57 $1,050.75 $123,190.03 $2,500.71 $322,641.00
218 $322,641.00 $1,050.75 $0.00 $1,824.26 $325,516.01
219 $325,516.01 $1,050.75 $0.00 $1,840.51 $328,407.27
220 $328,407.27 $1,050.75 $0.00 $1,856.86 $331,314.88
221 $331,314.88 $1,050.75 $0.00 $1,873.30 $334,238.93
222 $334,238.93 $1,050.75 $0.00 $1,889.84 $337,179.52
223 $337,179.52 $1,050.75 $0.00 $1,906.46 $340,136.73
224 $340,136.73 $1,050.75 $0.00 $1,923.18 $343,110.66
225 $343,110.66 $1,050.75 $0.00 $1,940.00 $346,101.41
226 $346,101.41 $1,050.75 $0.00 $1,956.91 $349,109.07
227 $349,109.07 $1,050.75 $0.00 $1,973.91 $352,133.73
228 $352,133.73 $1,050.75 $0.00 $1,991.02 $355,175.50
229 $355,175.50 $1,050.75 $129,349.53 $2,008.21 $228,884.93
230 $228,884.93 $1,050.75 $0.00 $1,294.15 $231,229.83
231 $231,229.83 $1,050.75 $0.00 $1,307.41 $233,587.99
232 $233,587.99 $1,050.75 $0.00 $1,320.74 $235,959.48
233 $235,959.48 $1,050.75 $0.00 $1,334.15 $238,344.38
234 $238,344.38 $1,050.75 $0.00 $1,347.63 $240,742.76
235 $240,742.76 $1,050.75 $0.00 $1,361.19 $243,154.70
236 $243,154.70 $1,050.75 $0.00 $1,374.83 $245,580.28
237 $245,580.28 $1,050.75 $0.00 $1,388.55 $248,019.58
238 $248,019.58 $1,050.75 $0.00 $1,402.34 $250,472.67
239 $250,472.67 $1,050.75 $0.00 $1,416.21 $252,939.63
240 $252,939.63 $1,050.75 $0.00 $1,430.16 $255,420.54
241 $255,420.54 $1,050.75 $135,817.00 $1,444.18 $122,098.47
242 $122,098.47 $1,050.75 $0.00 $690.36 $123,839.58
243 $123,839.58 $1,050.75 $0.00 $700.21 $125,590.54
244 $125,590.54 $1,050.75 $0.00 $710.11 $127,351.40
245 $127,351.40 $1,050.75 $0.00 $720.06 $129,122.21
246 $129,122.21 $1,050.75 $0.00 $730.08 $130,903.04
247 $130,903.04 $1,050.75 $0.00 $740.14 $132,693.93
248 $132,693.93 $1,050.75 $0.00 $750.27 $134,494.95
249 $134,494.95 $1,050.75 $0.00 $760.45 $136,306.15
250 $136,306.15 $1,050.75 $0.00 $770.69 $138,127.59
251 $138,127.59 $1,050.75 $0.00 $780.99 $139,959.33
252 $139,959.33 $1,050.75 $0.00 $791.35 $141,801.43
253 $141,801.43 $0.00 $142,607.85 $801.77 ($4.65)