# Savings Plan and Future Cost Estimation for Gratz College

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2041 \$84,725 Monthly savings required \$671

How much will it cost to send your child to Gratz College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$338,901.09 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$670.66 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 \$32,672.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford Gratz College in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$670.66 \$0.00 \$0.00 \$670.66
2 \$670.66 \$670.66 \$0.00 \$3.79 \$1,345.11
3 \$1,345.11 \$670.66 \$0.00 \$7.61 \$2,023.38
4 \$2,023.38 \$670.66 \$0.00 \$11.44 \$2,705.48
5 \$2,705.48 \$670.66 \$0.00 \$15.30 \$3,391.44
6 \$3,391.44 \$670.66 \$0.00 \$19.18 \$4,081.28
7 \$4,081.28 \$670.66 \$0.00 \$23.08 \$4,775.02
8 \$4,775.02 \$670.66 \$0.00 \$27.00 \$5,472.68
9 \$5,472.68 \$670.66 \$0.00 \$30.94 \$6,174.28
10 \$6,174.28 \$670.66 \$0.00 \$34.91 \$6,879.85
11 \$6,879.85 \$670.66 \$0.00 \$38.90 \$7,589.41
12 \$7,589.41 \$670.66 \$0.00 \$42.91 \$8,302.98
13 \$8,302.98 \$670.66 \$0.00 \$46.95 \$9,020.59
14 \$9,020.59 \$670.66 \$0.00 \$51.00 \$9,742.25
15 \$9,742.25 \$670.66 \$0.00 \$55.08 \$10,467.99
16 \$10,467.99 \$670.66 \$0.00 \$59.19 \$11,197.84
17 \$11,197.84 \$670.66 \$0.00 \$63.31 \$11,931.81
18 \$11,931.81 \$670.66 \$0.00 \$67.46 \$12,669.93
19 \$12,669.93 \$670.66 \$0.00 \$71.64 \$13,412.23
20 \$13,412.23 \$670.66 \$0.00 \$75.83 \$14,158.72
21 \$14,158.72 \$670.66 \$0.00 \$80.06 \$14,909.44
22 \$14,909.44 \$670.66 \$0.00 \$84.30 \$15,664.40
23 \$15,664.40 \$670.66 \$0.00 \$88.57 \$16,423.63
24 \$16,423.63 \$670.66 \$0.00 \$92.86 \$17,187.15
25 \$17,187.15 \$670.66 \$0.00 \$97.18 \$17,954.99
26 \$17,954.99 \$670.66 \$0.00 \$101.52 \$18,727.17
27 \$18,727.17 \$670.66 \$0.00 \$105.89 \$19,503.72
28 \$19,503.72 \$670.66 \$0.00 \$110.28 \$20,284.66
29 \$20,284.66 \$670.66 \$0.00 \$114.69 \$21,070.01
30 \$21,070.01 \$670.66 \$0.00 \$119.13 \$21,859.80
31 \$21,859.80 \$670.66 \$0.00 \$123.60 \$22,654.06
32 \$22,654.06 \$670.66 \$0.00 \$128.09 \$23,452.81
33 \$23,452.81 \$670.66 \$0.00 \$132.61 \$24,256.08
34 \$24,256.08 \$670.66 \$0.00 \$137.15 \$25,063.89
35 \$25,063.89 \$670.66 \$0.00 \$141.71 \$25,876.26
36 \$25,876.26 \$670.66 \$0.00 \$146.31 \$26,693.23
37 \$26,693.23 \$670.66 \$0.00 \$150.93 \$27,514.82
38 \$27,514.82 \$670.66 \$0.00 \$155.57 \$28,341.05
39 \$28,341.05 \$670.66 \$0.00 \$160.24 \$29,171.95
40 \$29,171.95 \$670.66 \$0.00 \$164.94 \$30,007.55
41 \$30,007.55 \$670.66 \$0.00 \$169.67 \$30,847.88
42 \$30,847.88 \$670.66 \$0.00 \$174.42 \$31,692.96
43 \$31,692.96 \$670.66 \$0.00 \$179.20 \$32,542.82
44 \$32,542.82 \$670.66 \$0.00 \$184.00 \$33,397.48
45 \$33,397.48 \$670.66 \$0.00 \$188.83 \$34,256.97
46 \$34,256.97 \$670.66 \$0.00 \$193.69 \$35,121.32
47 \$35,121.32 \$670.66 \$0.00 \$198.58 \$35,990.56
48 \$35,990.56 \$670.66 \$0.00 \$203.50 \$36,864.72
49 \$36,864.72 \$670.66 \$0.00 \$208.44 \$37,743.82
50 \$37,743.82 \$670.66 \$0.00 \$213.41 \$38,627.89
51 \$38,627.89 \$670.66 \$0.00 \$218.41 \$39,516.96
52 \$39,516.96 \$670.66 \$0.00 \$223.43 \$40,411.05
53 \$40,411.05 \$670.66 \$0.00 \$228.49 \$41,310.20
54 \$41,310.20 \$670.66 \$0.00 \$233.57 \$42,214.43
55 \$42,214.43 \$670.66 \$0.00 \$238.69 \$43,123.78
56 \$43,123.78 \$670.66 \$0.00 \$243.83 \$44,038.27
57 \$44,038.27 \$670.66 \$0.00 \$249.00 \$44,957.93
58 \$44,957.93 \$670.66 \$0.00 \$254.20 \$45,882.79
59 \$45,882.79 \$670.66 \$0.00 \$259.43 \$46,812.88
60 \$46,812.88 \$670.66 \$0.00 \$264.69 \$47,748.23
61 \$47,748.23 \$670.66 \$0.00 \$269.98 \$48,688.87
62 \$48,688.87 \$670.66 \$0.00 \$275.29 \$49,634.82
63 \$49,634.82 \$670.66 \$0.00 \$280.64 \$50,586.12
64 \$50,586.12 \$670.66 \$0.00 \$286.02 \$51,542.80
65 \$51,542.80 \$670.66 \$0.00 \$291.43 \$52,504.89
66 \$52,504.89 \$670.66 \$0.00 \$296.87 \$53,472.42
67 \$53,472.42 \$670.66 \$0.00 \$302.34 \$54,445.42
68 \$54,445.42 \$670.66 \$0.00 \$307.84 \$55,423.92
69 \$55,423.92 \$670.66 \$0.00 \$313.37 \$56,407.95
70 \$56,407.95 \$670.66 \$0.00 \$318.94 \$57,397.55
71 \$57,397.55 \$670.66 \$0.00 \$324.53 \$58,392.74
72 \$58,392.74 \$670.66 \$0.00 \$330.16 \$59,393.56
73 \$59,393.56 \$670.66 \$0.00 \$335.82 \$60,400.04
74 \$60,400.04 \$670.66 \$0.00 \$341.51 \$61,412.21
75 \$61,412.21 \$670.66 \$0.00 \$347.23 \$62,430.10
76 \$62,430.10 \$670.66 \$0.00 \$352.99 \$63,453.75
77 \$63,453.75 \$670.66 \$0.00 \$358.78 \$64,483.19
78 \$64,483.19 \$670.66 \$0.00 \$364.60 \$65,518.45
79 \$65,518.45 \$670.66 \$0.00 \$370.45 \$66,559.56
80 \$66,559.56 \$670.66 \$0.00 \$376.34 \$67,606.56
81 \$67,606.56 \$670.66 \$0.00 \$382.26 \$68,659.48
82 \$68,659.48 \$670.66 \$0.00 \$388.21 \$69,718.35
83 \$69,718.35 \$670.66 \$0.00 \$394.20 \$70,783.21
84 \$70,783.21 \$670.66 \$0.00 \$400.22 \$71,854.09
85 \$71,854.09 \$670.66 \$0.00 \$406.27 \$72,931.02
86 \$72,931.02 \$670.66 \$0.00 \$412.36 \$74,014.04
87 \$74,014.04 \$670.66 \$0.00 \$418.49 \$75,103.19
88 \$75,103.19 \$670.66 \$0.00 \$424.64 \$76,198.49
89 \$76,198.49 \$670.66 \$0.00 \$430.84 \$77,299.99
90 \$77,299.99 \$670.66 \$0.00 \$437.07 \$78,407.72
91 \$78,407.72 \$670.66 \$0.00 \$443.33 \$79,521.71
92 \$79,521.71 \$670.66 \$0.00 \$449.63 \$80,642.00
93 \$80,642.00 \$670.66 \$0.00 \$455.96 \$81,768.62
94 \$81,768.62 \$670.66 \$0.00 \$462.33 \$82,901.61
95 \$82,901.61 \$670.66 \$0.00 \$468.74 \$84,041.01
96 \$84,041.01 \$670.66 \$0.00 \$475.18 \$85,186.85
97 \$85,186.85 \$670.66 \$0.00 \$481.66 \$86,339.17
98 \$86,339.17 \$670.66 \$0.00 \$488.17 \$87,498.00
99 \$87,498.00 \$670.66 \$0.00 \$494.73 \$88,663.39
100 \$88,663.39 \$670.66 \$0.00 \$501.32 \$89,835.37
101 \$89,835.37 \$670.66 \$0.00 \$507.94 \$91,013.97
102 \$91,013.97 \$670.66 \$0.00 \$514.61 \$92,199.24
103 \$92,199.24 \$670.66 \$0.00 \$521.31 \$93,391.21
104 \$93,391.21 \$670.66 \$0.00 \$528.05 \$94,589.92
105 \$94,589.92 \$670.66 \$0.00 \$534.83 \$95,795.41
106 \$95,795.41 \$670.66 \$0.00 \$541.64 \$97,007.71
107 \$97,007.71 \$670.66 \$0.00 \$548.50 \$98,226.87
108 \$98,226.87 \$670.66 \$0.00 \$555.39 \$99,452.92
109 \$99,452.92 \$670.66 \$0.00 \$562.32 \$100,685.90
110 \$100,685.90 \$670.66 \$0.00 \$569.29 \$101,925.85
111 \$101,925.85 \$670.66 \$0.00 \$576.30 \$103,172.81
112 \$103,172.81 \$670.66 \$0.00 \$583.35 \$104,426.82
113 \$104,426.82 \$670.66 \$0.00 \$590.44 \$105,687.92
114 \$105,687.92 \$670.66 \$0.00 \$597.57 \$106,956.15
115 \$106,956.15 \$670.66 \$0.00 \$604.75 \$108,231.56
116 \$108,231.56 \$670.66 \$0.00 \$611.96 \$109,514.18
117 \$109,514.18 \$670.66 \$0.00 \$619.21 \$110,804.05
118 \$110,804.05 \$670.66 \$0.00 \$626.50 \$112,101.21
119 \$112,101.21 \$670.66 \$0.00 \$633.84 \$113,405.71
120 \$113,405.71 \$670.66 \$0.00 \$641.21 \$114,717.58
121 \$114,717.58 \$670.66 \$0.00 \$648.63 \$116,036.87
122 \$116,036.87 \$670.66 \$0.00 \$656.09 \$117,363.62
123 \$117,363.62 \$670.66 \$0.00 \$663.59 \$118,697.87
124 \$118,697.87 \$670.66 \$0.00 \$671.14 \$120,039.67
125 \$120,039.67 \$670.66 \$0.00 \$678.72 \$121,389.05
126 \$121,389.05 \$670.66 \$0.00 \$686.35 \$122,746.06
127 \$122,746.06 \$670.66 \$0.00 \$694.02 \$124,110.74
128 \$124,110.74 \$670.66 \$0.00 \$701.74 \$125,483.14
129 \$125,483.14 \$670.66 \$0.00 \$709.50 \$126,863.30
130 \$126,863.30 \$670.66 \$0.00 \$717.30 \$128,251.26
131 \$128,251.26 \$670.66 \$0.00 \$725.15 \$129,647.07
132 \$129,647.07 \$670.66 \$0.00 \$733.04 \$131,050.77
133 \$131,050.77 \$670.66 \$0.00 \$740.98 \$132,462.41
134 \$132,462.41 \$670.66 \$0.00 \$748.96 \$133,882.03
135 \$133,882.03 \$670.66 \$0.00 \$756.99 \$135,309.68
136 \$135,309.68 \$670.66 \$0.00 \$765.06 \$136,745.40
137 \$136,745.40 \$670.66 \$0.00 \$773.18 \$138,189.24
138 \$138,189.24 \$670.66 \$0.00 \$781.34 \$139,641.24
139 \$139,641.24 \$670.66 \$0.00 \$789.55 \$141,101.45
140 \$141,101.45 \$670.66 \$0.00 \$797.81 \$142,569.92
141 \$142,569.92 \$670.66 \$0.00 \$806.11 \$144,046.69
142 \$144,046.69 \$670.66 \$0.00 \$814.46 \$145,531.81
143 \$145,531.81 \$670.66 \$0.00 \$822.86 \$147,025.33
144 \$147,025.33 \$670.66 \$0.00 \$831.30 \$148,527.29
145 \$148,527.29 \$670.66 \$0.00 \$839.79 \$150,037.74
146 \$150,037.74 \$670.66 \$0.00 \$848.34 \$151,556.74
147 \$151,556.74 \$670.66 \$0.00 \$856.92 \$153,084.32
148 \$153,084.32 \$670.66 \$0.00 \$865.56 \$154,620.54
149 \$154,620.54 \$670.66 \$0.00 \$874.25 \$156,165.45
150 \$156,165.45 \$670.66 \$0.00 \$882.98 \$157,719.09
151 \$157,719.09 \$670.66 \$0.00 \$891.77 \$159,281.52
152 \$159,281.52 \$670.66 \$0.00 \$900.60 \$160,852.78
153 \$160,852.78 \$670.66 \$0.00 \$909.49 \$162,432.93
154 \$162,432.93 \$670.66 \$0.00 \$918.42 \$164,022.01
155 \$164,022.01 \$670.66 \$0.00 \$927.40 \$165,620.07
156 \$165,620.07 \$670.66 \$0.00 \$936.44 \$167,227.17
157 \$167,227.17 \$670.66 \$0.00 \$945.53 \$168,843.36
158 \$168,843.36 \$670.66 \$0.00 \$954.66 \$170,468.68
159 \$170,468.68 \$670.66 \$0.00 \$963.85 \$172,103.19
160 \$172,103.19 \$670.66 \$0.00 \$973.10 \$173,746.95
161 \$173,746.95 \$670.66 \$0.00 \$982.39 \$175,400.00
162 \$175,400.00 \$670.66 \$0.00 \$991.74 \$177,062.40
163 \$177,062.40 \$670.66 \$0.00 \$1,001.14 \$178,734.20
164 \$178,734.20 \$670.66 \$0.00 \$1,010.59 \$180,415.45
165 \$180,415.45 \$670.66 \$0.00 \$1,020.10 \$182,106.21
166 \$182,106.21 \$670.66 \$0.00 \$1,029.65 \$183,806.52
167 \$183,806.52 \$670.66 \$0.00 \$1,039.27 \$185,516.45
168 \$185,516.45 \$670.66 \$0.00 \$1,048.94 \$187,236.05
169 \$187,236.05 \$670.66 \$0.00 \$1,058.66 \$188,965.37
170 \$188,965.37 \$670.66 \$0.00 \$1,068.44 \$190,704.47
171 \$190,704.47 \$670.66 \$0.00 \$1,078.27 \$192,453.40
172 \$192,453.40 \$670.66 \$0.00 \$1,088.16 \$194,212.22
173 \$194,212.22 \$670.66 \$0.00 \$1,098.10 \$195,980.98
174 \$195,980.98 \$670.66 \$0.00 \$1,108.10 \$197,759.74
175 \$197,759.74 \$670.66 \$0.00 \$1,118.16 \$199,548.56
176 \$199,548.56 \$670.66 \$0.00 \$1,128.28 \$201,347.50
177 \$201,347.50 \$670.66 \$0.00 \$1,138.45 \$203,156.61
178 \$203,156.61 \$670.66 \$0.00 \$1,148.68 \$204,975.95
179 \$204,975.95 \$670.66 \$0.00 \$1,158.96 \$206,805.57
180 \$206,805.57 \$670.66 \$0.00 \$1,169.31 \$208,645.54
181 \$208,645.54 \$670.66 \$0.00 \$1,179.71 \$210,495.91
182 \$210,495.91 \$670.66 \$0.00 \$1,190.17 \$212,356.74
183 \$212,356.74 \$670.66 \$0.00 \$1,200.70 \$214,228.10
184 \$214,228.10 \$670.66 \$0.00 \$1,211.28 \$216,110.04
185 \$216,110.04 \$670.66 \$0.00 \$1,221.92 \$218,002.62
186 \$218,002.62 \$670.66 \$0.00 \$1,232.62 \$219,905.90
187 \$219,905.90 \$670.66 \$0.00 \$1,243.38 \$221,819.94
188 \$221,819.94 \$670.66 \$0.00 \$1,254.20 \$223,744.80
189 \$223,744.80 \$670.66 \$0.00 \$1,265.09 \$225,680.55
190 \$225,680.55 \$670.66 \$0.00 \$1,276.03 \$227,627.24
191 \$227,627.24 \$670.66 \$0.00 \$1,287.04 \$229,584.94
192 \$229,584.94 \$670.66 \$0.00 \$1,298.11 \$231,553.71
193 \$231,553.71 \$670.66 \$0.00 \$1,309.24 \$233,533.61
194 \$233,533.61 \$670.66 \$0.00 \$1,320.43 \$235,524.70
195 \$235,524.70 \$670.66 \$0.00 \$1,331.69 \$237,527.05
196 \$237,527.05 \$670.66 \$0.00 \$1,343.01 \$239,540.72
197 \$239,540.72 \$670.66 \$0.00 \$1,354.40 \$241,565.78
198 \$241,565.78 \$670.66 \$0.00 \$1,365.85 \$243,602.29
199 \$243,602.29 \$670.66 \$0.00 \$1,377.36 \$245,650.31
200 \$245,650.31 \$670.66 \$0.00 \$1,388.94 \$247,709.91
201 \$247,709.91 \$670.66 \$0.00 \$1,400.59 \$249,781.16
202 \$249,781.16 \$670.66 \$0.00 \$1,412.30 \$251,864.12
203 \$251,864.12 \$670.66 \$0.00 \$1,424.08 \$253,958.86
204 \$253,958.86 \$670.66 \$0.00 \$1,435.92 \$256,065.44
205 \$256,065.44 \$670.66 \$0.00 \$1,447.83 \$258,183.93
206 \$258,183.93 \$670.66 \$0.00 \$1,459.81 \$260,314.40
207 \$260,314.40 \$670.66 \$0.00 \$1,471.86 \$262,456.92
208 \$262,456.92 \$670.66 \$0.00 \$1,483.97 \$264,611.55
209 \$264,611.55 \$670.66 \$0.00 \$1,496.15 \$266,778.36
210 \$266,778.36 \$670.66 \$0.00 \$1,508.40 \$268,957.42
211 \$268,957.42 \$670.66 \$0.00 \$1,520.72 \$271,148.80
212 \$271,148.80 \$670.66 \$0.00 \$1,533.11 \$273,352.57
213 \$273,352.57 \$670.66 \$0.00 \$1,545.58 \$275,568.81
214 \$275,568.81 \$670.66 \$0.00 \$1,558.11 \$277,797.58
215 \$277,797.58 \$670.66 \$0.00 \$1,570.71 \$280,038.95
216 \$280,038.95 \$670.66 \$0.00 \$1,583.38 \$282,292.99
217 \$282,292.99 \$670.66 \$78,629.06 \$1,596.13 \$205,930.72
218 \$205,930.72 \$670.66 \$0.00 \$1,164.36 \$207,765.74
219 \$207,765.74 \$670.66 \$0.00 \$1,174.74 \$209,611.14
220 \$209,611.14 \$670.66 \$0.00 \$1,185.17 \$211,466.97
221 \$211,466.97 \$670.66 \$0.00 \$1,195.66 \$213,333.29
222 \$213,333.29 \$670.66 \$0.00 \$1,206.22 \$215,210.17
223 \$215,210.17 \$670.66 \$0.00 \$1,216.83 \$217,097.66
224 \$217,097.66 \$670.66 \$0.00 \$1,227.50 \$218,995.82
225 \$218,995.82 \$670.66 \$0.00 \$1,238.23 \$220,904.71
226 \$220,904.71 \$670.66 \$0.00 \$1,249.03 \$222,824.40
227 \$222,824.40 \$670.66 \$0.00 \$1,259.88 \$224,754.94
228 \$224,754.94 \$670.66 \$0.00 \$1,270.80 \$226,696.40
229 \$226,696.40 \$670.66 \$82,560.52 \$1,281.77 \$146,088.31
230 \$146,088.31 \$670.66 \$0.00 \$826.00 \$147,584.97
231 \$147,584.97 \$670.66 \$0.00 \$834.47 \$149,090.10
232 \$149,090.10 \$670.66 \$0.00 \$842.98 \$150,603.74
233 \$150,603.74 \$670.66 \$0.00 \$851.54 \$152,125.94
234 \$152,125.94 \$670.66 \$0.00 \$860.14 \$153,656.74
235 \$153,656.74 \$670.66 \$0.00 \$868.80 \$155,196.20
236 \$155,196.20 \$670.66 \$0.00 \$877.50 \$156,744.36
237 \$156,744.36 \$670.66 \$0.00 \$886.26 \$158,301.28
238 \$158,301.28 \$670.66 \$0.00 \$895.06 \$159,867.00
239 \$159,867.00 \$670.66 \$0.00 \$903.91 \$161,441.57
240 \$161,441.57 \$670.66 \$0.00 \$912.81 \$163,025.04
241 \$163,025.04 \$670.66 \$86,688.54 \$921.77 \$77,928.93
242 \$77,928.93 \$670.66 \$0.00 \$440.62 \$79,040.21
243 \$79,040.21 \$670.66 \$0.00 \$446.90 \$80,157.77
244 \$80,157.77 \$670.66 \$0.00 \$453.22 \$81,281.65
245 \$81,281.65 \$670.66 \$0.00 \$459.58 \$82,411.89
246 \$82,411.89 \$670.66 \$0.00 \$465.97 \$83,548.52
247 \$83,548.52 \$670.66 \$0.00 \$472.40 \$84,691.58
248 \$84,691.58 \$670.66 \$0.00 \$478.86 \$85,841.10
249 \$85,841.10 \$670.66 \$0.00 \$485.36 \$86,997.12
250 \$86,997.12 \$670.66 \$0.00 \$491.89 \$88,159.67
251 \$88,159.67 \$670.66 \$0.00 \$498.47 \$89,328.80
252 \$89,328.80 \$670.66 \$0.00 \$505.08 \$90,504.54
253 \$90,504.54 \$0.00 \$91,022.97 \$511.73 (\$6.70)