Savings Plan and Future Cost Estimation for Cedar Crest College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$142,925
Monthly savings required$1,131

How much will it cost to send your child to Cedar Crest College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $571,698.51 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,131.37 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$55,115.00
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 $1,131.37 $0.00 $0.00 $1,131.37
2 $1,131.37 $1,131.37 $0.00 $6.40 $2,269.14
3 $2,269.14 $1,131.37 $0.00 $12.83 $3,413.34
4 $3,413.34 $1,131.37 $0.00 $19.30 $4,564.01
5 $4,564.01 $1,131.37 $0.00 $25.81 $5,721.19
6 $5,721.19 $1,131.37 $0.00 $32.35 $6,884.91
7 $6,884.91 $1,131.37 $0.00 $38.93 $8,055.21
8 $8,055.21 $1,131.37 $0.00 $45.55 $9,232.13
9 $9,232.13 $1,131.37 $0.00 $52.20 $10,415.70
10 $10,415.70 $1,131.37 $0.00 $58.89 $11,605.96
11 $11,605.96 $1,131.37 $0.00 $65.62 $12,802.95
12 $12,802.95 $1,131.37 $0.00 $72.39 $14,006.71
13 $14,006.71 $1,131.37 $0.00 $79.20 $15,217.28
14 $15,217.28 $1,131.37 $0.00 $86.04 $16,434.69
15 $16,434.69 $1,131.37 $0.00 $92.92 $17,658.98
16 $17,658.98 $1,131.37 $0.00 $99.85 $18,890.20
17 $18,890.20 $1,131.37 $0.00 $106.81 $20,128.38
18 $20,128.38 $1,131.37 $0.00 $113.81 $21,373.56
19 $21,373.56 $1,131.37 $0.00 $120.85 $22,625.78
20 $22,625.78 $1,131.37 $0.00 $127.93 $23,885.08
21 $23,885.08 $1,131.37 $0.00 $135.05 $25,151.50
22 $25,151.50 $1,131.37 $0.00 $142.21 $26,425.08
23 $26,425.08 $1,131.37 $0.00 $149.41 $27,705.86
24 $27,705.86 $1,131.37 $0.00 $156.65 $28,993.88
25 $28,993.88 $1,131.37 $0.00 $163.94 $30,289.19
26 $30,289.19 $1,131.37 $0.00 $171.26 $31,591.82
27 $31,591.82 $1,131.37 $0.00 $178.62 $32,901.81
28 $32,901.81 $1,131.37 $0.00 $186.03 $34,219.21
29 $34,219.21 $1,131.37 $0.00 $193.48 $35,544.06
30 $35,544.06 $1,131.37 $0.00 $200.97 $36,876.40
31 $36,876.40 $1,131.37 $0.00 $208.50 $38,216.27
32 $38,216.27 $1,131.37 $0.00 $216.08 $39,563.72
33 $39,563.72 $1,131.37 $0.00 $223.70 $40,918.79
34 $40,918.79 $1,131.37 $0.00 $231.36 $42,281.52
35 $42,281.52 $1,131.37 $0.00 $239.07 $43,651.96
36 $43,651.96 $1,131.37 $0.00 $246.81 $45,030.14
37 $45,030.14 $1,131.37 $0.00 $254.61 $46,416.12
38 $46,416.12 $1,131.37 $0.00 $262.44 $47,809.93
39 $47,809.93 $1,131.37 $0.00 $270.32 $49,211.62
40 $49,211.62 $1,131.37 $0.00 $278.25 $50,621.24
41 $50,621.24 $1,131.37 $0.00 $286.22 $52,038.83
42 $52,038.83 $1,131.37 $0.00 $294.24 $53,464.44
43 $53,464.44 $1,131.37 $0.00 $302.30 $54,898.11
44 $54,898.11 $1,131.37 $0.00 $310.40 $56,339.88
45 $56,339.88 $1,131.37 $0.00 $318.55 $57,789.80
46 $57,789.80 $1,131.37 $0.00 $326.75 $59,247.92
47 $59,247.92 $1,131.37 $0.00 $335.00 $60,714.29
48 $60,714.29 $1,131.37 $0.00 $343.29 $62,188.95
49 $62,188.95 $1,131.37 $0.00 $351.63 $63,671.95
50 $63,671.95 $1,131.37 $0.00 $360.01 $65,163.33
51 $65,163.33 $1,131.37 $0.00 $368.44 $66,663.14
52 $66,663.14 $1,131.37 $0.00 $376.92 $68,171.43
53 $68,171.43 $1,131.37 $0.00 $385.45 $69,688.25
54 $69,688.25 $1,131.37 $0.00 $394.03 $71,213.65
55 $71,213.65 $1,131.37 $0.00 $402.65 $72,747.67
56 $72,747.67 $1,131.37 $0.00 $411.33 $74,290.37
57 $74,290.37 $1,131.37 $0.00 $420.05 $75,841.79
58 $75,841.79 $1,131.37 $0.00 $428.82 $77,401.98
59 $77,401.98 $1,131.37 $0.00 $437.64 $78,970.99
60 $78,970.99 $1,131.37 $0.00 $446.51 $80,548.87
61 $80,548.87 $1,131.37 $0.00 $455.44 $82,135.68
62 $82,135.68 $1,131.37 $0.00 $464.41 $83,731.46
63 $83,731.46 $1,131.37 $0.00 $473.43 $85,336.26
64 $85,336.26 $1,131.37 $0.00 $482.50 $86,950.13
65 $86,950.13 $1,131.37 $0.00 $491.63 $88,573.13
66 $88,573.13 $1,131.37 $0.00 $500.81 $90,205.31
67 $90,205.31 $1,131.37 $0.00 $510.03 $91,846.71
68 $91,846.71 $1,131.37 $0.00 $519.31 $93,497.39
69 $93,497.39 $1,131.37 $0.00 $528.65 $95,157.41
70 $95,157.41 $1,131.37 $0.00 $538.03 $96,826.81
71 $96,826.81 $1,131.37 $0.00 $547.47 $98,505.65
72 $98,505.65 $1,131.37 $0.00 $556.97 $100,193.99
73 $100,193.99 $1,131.37 $0.00 $566.51 $101,891.87
74 $101,891.87 $1,131.37 $0.00 $576.11 $103,599.35
75 $103,599.35 $1,131.37 $0.00 $585.77 $105,316.49
76 $105,316.49 $1,131.37 $0.00 $595.47 $107,043.33
77 $107,043.33 $1,131.37 $0.00 $605.24 $108,779.94
78 $108,779.94 $1,131.37 $0.00 $615.06 $110,526.37
79 $110,526.37 $1,131.37 $0.00 $624.93 $112,282.67
80 $112,282.67 $1,131.37 $0.00 $634.86 $114,048.90
81 $114,048.90 $1,131.37 $0.00 $644.85 $115,825.12
82 $115,825.12 $1,131.37 $0.00 $654.89 $117,611.38
83 $117,611.38 $1,131.37 $0.00 $664.99 $119,407.74
84 $119,407.74 $1,131.37 $0.00 $675.15 $121,214.26
85 $121,214.26 $1,131.37 $0.00 $685.36 $123,030.99
86 $123,030.99 $1,131.37 $0.00 $695.64 $124,858.00
87 $124,858.00 $1,131.37 $0.00 $705.97 $126,695.34
88 $126,695.34 $1,131.37 $0.00 $716.35 $128,543.06
89 $128,543.06 $1,131.37 $0.00 $726.80 $130,401.23
90 $130,401.23 $1,131.37 $0.00 $737.31 $132,269.91
91 $132,269.91 $1,131.37 $0.00 $747.87 $134,149.15
92 $134,149.15 $1,131.37 $0.00 $758.50 $136,039.02
93 $136,039.02 $1,131.37 $0.00 $769.18 $137,939.57
94 $137,939.57 $1,131.37 $0.00 $779.93 $139,850.87
95 $139,850.87 $1,131.37 $0.00 $790.74 $141,772.98
96 $141,772.98 $1,131.37 $0.00 $801.61 $143,705.96
97 $143,705.96 $1,131.37 $0.00 $812.53 $145,649.86
98 $145,649.86 $1,131.37 $0.00 $823.53 $147,604.76
99 $147,604.76 $1,131.37 $0.00 $834.58 $149,570.71
100 $149,570.71 $1,131.37 $0.00 $845.69 $151,547.77
101 $151,547.77 $1,131.37 $0.00 $856.87 $153,536.01
102 $153,536.01 $1,131.37 $0.00 $868.11 $155,535.49
103 $155,535.49 $1,131.37 $0.00 $879.42 $157,546.28
104 $157,546.28 $1,131.37 $0.00 $890.79 $159,568.44
105 $159,568.44 $1,131.37 $0.00 $902.22 $161,602.03
106 $161,602.03 $1,131.37 $0.00 $913.72 $163,647.12
107 $163,647.12 $1,131.37 $0.00 $925.28 $165,703.77
108 $165,703.77 $1,131.37 $0.00 $936.91 $167,772.05
109 $167,772.05 $1,131.37 $0.00 $948.61 $169,852.03
110 $169,852.03 $1,131.37 $0.00 $960.37 $171,943.77
111 $171,943.77 $1,131.37 $0.00 $972.20 $174,047.34
112 $174,047.34 $1,131.37 $0.00 $984.09 $176,162.80
113 $176,162.80 $1,131.37 $0.00 $996.05 $178,290.22
114 $178,290.22 $1,131.37 $0.00 $1,008.08 $180,429.67
115 $180,429.67 $1,131.37 $0.00 $1,020.18 $182,581.22
116 $182,581.22 $1,131.37 $0.00 $1,032.34 $184,744.93
117 $184,744.93 $1,131.37 $0.00 $1,044.57 $186,920.87
118 $186,920.87 $1,131.37 $0.00 $1,056.88 $189,109.12
119 $189,109.12 $1,131.37 $0.00 $1,069.25 $191,309.74
120 $191,309.74 $1,131.37 $0.00 $1,081.69 $193,522.80
121 $193,522.80 $1,131.37 $0.00 $1,094.21 $195,748.38
122 $195,748.38 $1,131.37 $0.00 $1,106.79 $197,986.54
123 $197,986.54 $1,131.37 $0.00 $1,119.44 $200,237.35
124 $200,237.35 $1,131.37 $0.00 $1,132.17 $202,500.89
125 $202,500.89 $1,131.37 $0.00 $1,144.97 $204,777.23
126 $204,777.23 $1,131.37 $0.00 $1,157.84 $207,066.44
127 $207,066.44 $1,131.37 $0.00 $1,170.78 $209,368.59
128 $209,368.59 $1,131.37 $0.00 $1,183.80 $211,683.76
129 $211,683.76 $1,131.37 $0.00 $1,196.89 $214,012.02
130 $214,012.02 $1,131.37 $0.00 $1,210.06 $216,353.45
131 $216,353.45 $1,131.37 $0.00 $1,223.29 $218,708.11
132 $218,708.11 $1,131.37 $0.00 $1,236.61 $221,076.09
133 $221,076.09 $1,131.37 $0.00 $1,250.00 $223,457.46
134 $223,457.46 $1,131.37 $0.00 $1,263.46 $225,852.29
135 $225,852.29 $1,131.37 $0.00 $1,277.00 $228,260.66
136 $228,260.66 $1,131.37 $0.00 $1,290.62 $230,682.65
137 $230,682.65 $1,131.37 $0.00 $1,304.31 $233,118.33
138 $233,118.33 $1,131.37 $0.00 $1,318.08 $235,567.78
139 $235,567.78 $1,131.37 $0.00 $1,331.93 $238,031.08
140 $238,031.08 $1,131.37 $0.00 $1,345.86 $240,508.31
141 $240,508.31 $1,131.37 $0.00 $1,359.87 $242,999.55
142 $242,999.55 $1,131.37 $0.00 $1,373.95 $245,504.87
143 $245,504.87 $1,131.37 $0.00 $1,388.12 $248,024.36
144 $248,024.36 $1,131.37 $0.00 $1,402.37 $250,558.10
145 $250,558.10 $1,131.37 $0.00 $1,416.69 $253,106.16
146 $253,106.16 $1,131.37 $0.00 $1,431.10 $255,668.63
147 $255,668.63 $1,131.37 $0.00 $1,445.59 $258,245.59
148 $258,245.59 $1,131.37 $0.00 $1,460.16 $260,837.12
149 $260,837.12 $1,131.37 $0.00 $1,474.81 $263,443.30
150 $263,443.30 $1,131.37 $0.00 $1,489.55 $266,064.22
151 $266,064.22 $1,131.37 $0.00 $1,504.37 $268,699.96
152 $268,699.96 $1,131.37 $0.00 $1,519.27 $271,350.60
153 $271,350.60 $1,131.37 $0.00 $1,534.26 $274,016.23
154 $274,016.23 $1,131.37 $0.00 $1,549.33 $276,696.93
155 $276,696.93 $1,131.37 $0.00 $1,564.48 $279,392.78
156 $279,392.78 $1,131.37 $0.00 $1,579.73 $282,103.88
157 $282,103.88 $1,131.37 $0.00 $1,595.06 $284,830.31
158 $284,830.31 $1,131.37 $0.00 $1,610.47 $287,572.15
159 $287,572.15 $1,131.37 $0.00 $1,625.97 $290,329.49
160 $290,329.49 $1,131.37 $0.00 $1,641.57 $293,102.43
161 $293,102.43 $1,131.37 $0.00 $1,657.24 $295,891.04
162 $295,891.04 $1,131.37 $0.00 $1,673.01 $298,695.42
163 $298,695.42 $1,131.37 $0.00 $1,688.87 $301,515.66
164 $301,515.66 $1,131.37 $0.00 $1,704.81 $304,351.84
165 $304,351.84 $1,131.37 $0.00 $1,720.85 $307,204.06
166 $307,204.06 $1,131.37 $0.00 $1,736.98 $310,072.41
167 $310,072.41 $1,131.37 $0.00 $1,753.19 $312,956.97
168 $312,956.97 $1,131.37 $0.00 $1,769.50 $315,857.84
169 $315,857.84 $1,131.37 $0.00 $1,785.91 $318,775.12
170 $318,775.12 $1,131.37 $0.00 $1,802.40 $321,708.89
171 $321,708.89 $1,131.37 $0.00 $1,818.99 $324,659.25
172 $324,659.25 $1,131.37 $0.00 $1,835.67 $327,626.29
173 $327,626.29 $1,131.37 $0.00 $1,852.45 $330,610.11
174 $330,610.11 $1,131.37 $0.00 $1,869.32 $333,610.80
175 $333,610.80 $1,131.37 $0.00 $1,886.28 $336,628.45
176 $336,628.45 $1,131.37 $0.00 $1,903.35 $339,663.17
177 $339,663.17 $1,131.37 $0.00 $1,920.50 $342,715.04
178 $342,715.04 $1,131.37 $0.00 $1,937.76 $345,784.17
179 $345,784.17 $1,131.37 $0.00 $1,955.11 $348,870.65
180 $348,870.65 $1,131.37 $0.00 $1,972.57 $351,974.59
181 $351,974.59 $1,131.37 $0.00 $1,990.12 $355,096.08
182 $355,096.08 $1,131.37 $0.00 $2,007.76 $358,235.21
183 $358,235.21 $1,131.37 $0.00 $2,025.51 $361,392.09
184 $361,392.09 $1,131.37 $0.00 $2,043.36 $364,566.82
185 $364,566.82 $1,131.37 $0.00 $2,061.31 $367,759.50
186 $367,759.50 $1,131.37 $0.00 $2,079.37 $370,970.24
187 $370,970.24 $1,131.37 $0.00 $2,097.52 $374,199.13
188 $374,199.13 $1,131.37 $0.00 $2,115.78 $377,446.28
189 $377,446.28 $1,131.37 $0.00 $2,134.14 $380,711.79
190 $380,711.79 $1,131.37 $0.00 $2,152.60 $383,995.76
191 $383,995.76 $1,131.37 $0.00 $2,171.17 $387,298.30
192 $387,298.30 $1,131.37 $0.00 $2,189.84 $390,619.51
193 $390,619.51 $1,131.37 $0.00 $2,208.62 $393,959.50
194 $393,959.50 $1,131.37 $0.00 $2,227.50 $397,318.37
195 $397,318.37 $1,131.37 $0.00 $2,246.50 $400,696.24
196 $400,696.24 $1,131.37 $0.00 $2,265.59 $404,093.20
197 $404,093.20 $1,131.37 $0.00 $2,284.80 $407,509.37
198 $407,509.37 $1,131.37 $0.00 $2,304.12 $410,944.86
199 $410,944.86 $1,131.37 $0.00 $2,323.54 $414,399.77
200 $414,399.77 $1,131.37 $0.00 $2,343.08 $417,874.22
201 $417,874.22 $1,131.37 $0.00 $2,362.72 $421,368.31
202 $421,368.31 $1,131.37 $0.00 $2,382.48 $424,882.16
203 $424,882.16 $1,131.37 $0.00 $2,402.35 $428,415.88
204 $428,415.88 $1,131.37 $0.00 $2,422.33 $431,969.58
205 $431,969.58 $1,131.37 $0.00 $2,442.42 $435,543.37
206 $435,543.37 $1,131.37 $0.00 $2,462.63 $439,137.37
207 $439,137.37 $1,131.37 $0.00 $2,482.95 $442,751.69
208 $442,751.69 $1,131.37 $0.00 $2,503.38 $446,386.44
209 $446,386.44 $1,131.37 $0.00 $2,523.93 $450,041.74
210 $450,041.74 $1,131.37 $0.00 $2,544.60 $453,717.71
211 $453,717.71 $1,131.37 $0.00 $2,565.39 $457,414.47
212 $457,414.47 $1,131.37 $0.00 $2,586.29 $461,132.13
213 $461,132.13 $1,131.37 $0.00 $2,607.31 $464,870.81
214 $464,870.81 $1,131.37 $0.00 $2,628.45 $468,630.63
215 $468,630.63 $1,131.37 $0.00 $2,649.71 $472,411.71
216 $472,411.71 $1,131.37 $0.00 $2,671.08 $476,214.16
217 $476,214.16 $1,131.37 $132,640.82 $2,692.58 $347,397.29
218 $347,397.29 $1,131.37 $0.00 $1,964.23 $350,492.89
219 $350,492.89 $1,131.37 $0.00 $1,981.74 $353,606.00
220 $353,606.00 $1,131.37 $0.00 $1,999.34 $356,736.71
221 $356,736.71 $1,131.37 $0.00 $2,017.04 $359,885.12
222 $359,885.12 $1,131.37 $0.00 $2,034.84 $363,051.33
223 $363,051.33 $1,131.37 $0.00 $2,052.75 $366,235.45
224 $366,235.45 $1,131.37 $0.00 $2,070.75 $369,437.57
225 $369,437.57 $1,131.37 $0.00 $2,088.85 $372,657.79
226 $372,657.79 $1,131.37 $0.00 $2,107.06 $375,896.22
227 $375,896.22 $1,131.37 $0.00 $2,125.37 $379,152.96
228 $379,152.96 $1,131.37 $0.00 $2,143.79 $382,428.12
229 $382,428.12 $1,131.37 $139,272.86 $2,162.30 $246,448.93
230 $246,448.93 $1,131.37 $0.00 $1,393.46 $248,973.76
231 $248,973.76 $1,131.37 $0.00 $1,407.73 $251,512.86
232 $251,512.86 $1,131.37 $0.00 $1,422.09 $254,066.32
233 $254,066.32 $1,131.37 $0.00 $1,436.53 $256,634.22
234 $256,634.22 $1,131.37 $0.00 $1,451.05 $259,216.64
235 $259,216.64 $1,131.37 $0.00 $1,465.65 $261,813.66
236 $261,813.66 $1,131.37 $0.00 $1,480.33 $264,425.36
237 $264,425.36 $1,131.37 $0.00 $1,495.10 $267,051.83
238 $267,051.83 $1,131.37 $0.00 $1,509.95 $269,693.15
239 $269,693.15 $1,131.37 $0.00 $1,524.88 $272,349.40
240 $272,349.40 $1,131.37 $0.00 $1,539.90 $275,020.67
241 $275,020.67 $1,131.37 $146,236.50 $1,555.01 $131,470.55
242 $131,470.55 $1,131.37 $0.00 $743.35 $133,345.27
243 $133,345.27 $1,131.37 $0.00 $753.95 $135,230.59
244 $135,230.59 $1,131.37 $0.00 $764.61 $137,126.57
245 $137,126.57 $1,131.37 $0.00 $775.33 $139,033.27
246 $139,033.27 $1,131.37 $0.00 $786.11 $140,950.75
247 $140,950.75 $1,131.37 $0.00 $796.96 $142,879.08
248 $142,879.08 $1,131.37 $0.00 $807.86 $144,818.31
249 $144,818.31 $1,131.37 $0.00 $818.82 $146,768.50
250 $146,768.50 $1,131.37 $0.00 $829.85 $148,729.72
251 $148,729.72 $1,131.37 $0.00 $840.94 $150,702.03
252 $150,702.03 $1,131.37 $0.00 $852.09 $152,685.49
253 $152,685.49 $0.00 $153,548.33 $863.31 $0.47