## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2038 \$140,152 Monthly savings required \$1,109

How much will it cost to send your child to King's College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$560,609.96 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$1,109.42 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 \$54,046.00 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 King's College in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$1,109.42 \$0.00 \$0.00 \$1,109.42
2 \$1,109.42 \$1,109.42 \$0.00 \$6.27 \$2,225.11
3 \$2,225.11 \$1,109.42 \$0.00 \$12.58 \$3,347.11
4 \$3,347.11 \$1,109.42 \$0.00 \$18.93 \$4,475.46
5 \$4,475.46 \$1,109.42 \$0.00 \$25.30 \$5,610.18
6 \$5,610.18 \$1,109.42 \$0.00 \$31.72 \$6,751.32
7 \$6,751.32 \$1,109.42 \$0.00 \$38.17 \$7,898.91
8 \$7,898.91 \$1,109.42 \$0.00 \$44.66 \$9,052.99
9 \$9,052.99 \$1,109.42 \$0.00 \$51.19 \$10,213.60
10 \$10,213.60 \$1,109.42 \$0.00 \$57.75 \$11,380.77
11 \$11,380.77 \$1,109.42 \$0.00 \$64.35 \$12,554.54
12 \$12,554.54 \$1,109.42 \$0.00 \$70.99 \$13,734.95
13 \$13,734.95 \$1,109.42 \$0.00 \$77.66 \$14,922.03
14 \$14,922.03 \$1,109.42 \$0.00 \$84.37 \$16,115.82
15 \$16,115.82 \$1,109.42 \$0.00 \$91.12 \$17,316.36
16 \$17,316.36 \$1,109.42 \$0.00 \$97.91 \$18,523.69
17 \$18,523.69 \$1,109.42 \$0.00 \$104.74 \$19,737.85
18 \$19,737.85 \$1,109.42 \$0.00 \$111.60 \$20,958.87
19 \$20,958.87 \$1,109.42 \$0.00 \$118.50 \$22,186.79
20 \$22,186.79 \$1,109.42 \$0.00 \$125.45 \$23,421.66
21 \$23,421.66 \$1,109.42 \$0.00 \$132.43 \$24,663.51
22 \$24,663.51 \$1,109.42 \$0.00 \$139.45 \$25,912.38
23 \$25,912.38 \$1,109.42 \$0.00 \$146.51 \$27,168.31
24 \$27,168.31 \$1,109.42 \$0.00 \$153.61 \$28,431.34
25 \$28,431.34 \$1,109.42 \$0.00 \$160.75 \$29,701.51
26 \$29,701.51 \$1,109.42 \$0.00 \$167.94 \$30,978.87
27 \$30,978.87 \$1,109.42 \$0.00 \$175.16 \$32,263.45
28 \$32,263.45 \$1,109.42 \$0.00 \$182.42 \$33,555.29
29 \$33,555.29 \$1,109.42 \$0.00 \$189.73 \$34,854.44
30 \$34,854.44 \$1,109.42 \$0.00 \$197.07 \$36,160.93
31 \$36,160.93 \$1,109.42 \$0.00 \$204.46 \$37,474.81
32 \$37,474.81 \$1,109.42 \$0.00 \$211.89 \$38,796.12
33 \$38,796.12 \$1,109.42 \$0.00 \$219.36 \$40,124.90
34 \$40,124.90 \$1,109.42 \$0.00 \$226.87 \$41,461.19
35 \$41,461.19 \$1,109.42 \$0.00 \$234.43 \$42,805.04
36 \$42,805.04 \$1,109.42 \$0.00 \$242.03 \$44,156.49
37 \$44,156.49 \$1,109.42 \$0.00 \$249.67 \$45,515.58
38 \$45,515.58 \$1,109.42 \$0.00 \$257.35 \$46,882.35
39 \$46,882.35 \$1,109.42 \$0.00 \$265.08 \$48,256.85
40 \$48,256.85 \$1,109.42 \$0.00 \$272.85 \$49,639.12
41 \$49,639.12 \$1,109.42 \$0.00 \$280.67 \$51,029.21
42 \$51,029.21 \$1,109.42 \$0.00 \$288.53 \$52,427.16
43 \$52,427.16 \$1,109.42 \$0.00 \$296.43 \$53,833.01
44 \$53,833.01 \$1,109.42 \$0.00 \$304.38 \$55,246.81
45 \$55,246.81 \$1,109.42 \$0.00 \$312.37 \$56,668.60
46 \$56,668.60 \$1,109.42 \$0.00 \$320.41 \$58,098.43
47 \$58,098.43 \$1,109.42 \$0.00 \$328.50 \$59,536.35
48 \$59,536.35 \$1,109.42 \$0.00 \$336.63 \$60,982.40
49 \$60,982.40 \$1,109.42 \$0.00 \$344.80 \$62,436.62
50 \$62,436.62 \$1,109.42 \$0.00 \$353.03 \$63,899.07
51 \$63,899.07 \$1,109.42 \$0.00 \$361.29 \$65,369.78
52 \$65,369.78 \$1,109.42 \$0.00 \$369.61 \$66,848.81
53 \$66,848.81 \$1,109.42 \$0.00 \$377.97 \$68,336.20
54 \$68,336.20 \$1,109.42 \$0.00 \$386.38 \$69,832.00
55 \$69,832.00 \$1,109.42 \$0.00 \$394.84 \$71,336.26
56 \$71,336.26 \$1,109.42 \$0.00 \$403.35 \$72,849.03
57 \$72,849.03 \$1,109.42 \$0.00 \$411.90 \$74,370.35
58 \$74,370.35 \$1,109.42 \$0.00 \$420.50 \$75,900.27
59 \$75,900.27 \$1,109.42 \$0.00 \$429.15 \$77,438.84
60 \$77,438.84 \$1,109.42 \$0.00 \$437.85 \$78,986.11
61 \$78,986.11 \$1,109.42 \$0.00 \$446.60 \$80,542.13
62 \$80,542.13 \$1,109.42 \$0.00 \$455.40 \$82,106.95
63 \$82,106.95 \$1,109.42 \$0.00 \$464.24 \$83,680.61
64 \$83,680.61 \$1,109.42 \$0.00 \$473.14 \$85,263.17
65 \$85,263.17 \$1,109.42 \$0.00 \$482.09 \$86,854.68
66 \$86,854.68 \$1,109.42 \$0.00 \$491.09 \$88,455.19
67 \$88,455.19 \$1,109.42 \$0.00 \$500.14 \$90,064.75
68 \$90,064.75 \$1,109.42 \$0.00 \$509.24 \$91,683.41
69 \$91,683.41 \$1,109.42 \$0.00 \$518.39 \$93,311.22
70 \$93,311.22 \$1,109.42 \$0.00 \$527.60 \$94,948.24
71 \$94,948.24 \$1,109.42 \$0.00 \$536.85 \$96,594.51
72 \$96,594.51 \$1,109.42 \$0.00 \$546.16 \$98,250.09
73 \$98,250.09 \$1,109.42 \$0.00 \$555.52 \$99,915.03
74 \$99,915.03 \$1,109.42 \$0.00 \$564.93 \$101,589.38
75 \$101,589.38 \$1,109.42 \$0.00 \$574.40 \$103,273.20
76 \$103,273.20 \$1,109.42 \$0.00 \$583.92 \$104,966.54
77 \$104,966.54 \$1,109.42 \$0.00 \$593.50 \$106,669.46
78 \$106,669.46 \$1,109.42 \$0.00 \$603.12 \$108,382.00
79 \$108,382.00 \$1,109.42 \$0.00 \$612.81 \$110,104.23
80 \$110,104.23 \$1,109.42 \$0.00 \$622.55 \$111,836.20
81 \$111,836.20 \$1,109.42 \$0.00 \$632.34 \$113,577.96
82 \$113,577.96 \$1,109.42 \$0.00 \$642.19 \$115,329.57
83 \$115,329.57 \$1,109.42 \$0.00 \$652.09 \$117,091.08
84 \$117,091.08 \$1,109.42 \$0.00 \$662.05 \$118,862.55
85 \$118,862.55 \$1,109.42 \$0.00 \$672.07 \$120,644.04
86 \$120,644.04 \$1,109.42 \$0.00 \$682.14 \$122,435.60
87 \$122,435.60 \$1,109.42 \$0.00 \$692.27 \$124,237.29
88 \$124,237.29 \$1,109.42 \$0.00 \$702.46 \$126,049.17
89 \$126,049.17 \$1,109.42 \$0.00 \$712.70 \$127,871.29
90 \$127,871.29 \$1,109.42 \$0.00 \$723.00 \$129,703.71
91 \$129,703.71 \$1,109.42 \$0.00 \$733.36 \$131,546.49
92 \$131,546.49 \$1,109.42 \$0.00 \$743.78 \$133,399.69
93 \$133,399.69 \$1,109.42 \$0.00 \$754.26 \$135,263.37
94 \$135,263.37 \$1,109.42 \$0.00 \$764.80 \$137,137.59
95 \$137,137.59 \$1,109.42 \$0.00 \$775.40 \$139,022.41
96 \$139,022.41 \$1,109.42 \$0.00 \$786.05 \$140,917.88
97 \$140,917.88 \$1,109.42 \$0.00 \$796.77 \$142,824.07
98 \$142,824.07 \$1,109.42 \$0.00 \$807.55 \$144,741.04
99 \$144,741.04 \$1,109.42 \$0.00 \$818.39 \$146,668.85
100 \$146,668.85 \$1,109.42 \$0.00 \$829.29 \$148,607.56
101 \$148,607.56 \$1,109.42 \$0.00 \$840.25 \$150,557.23
102 \$150,557.23 \$1,109.42 \$0.00 \$851.27 \$152,517.92
103 \$152,517.92 \$1,109.42 \$0.00 \$862.36 \$154,489.70
104 \$154,489.70 \$1,109.42 \$0.00 \$873.51 \$156,472.63
105 \$156,472.63 \$1,109.42 \$0.00 \$884.72 \$158,466.77
106 \$158,466.77 \$1,109.42 \$0.00 \$895.99 \$160,472.18
107 \$160,472.18 \$1,109.42 \$0.00 \$907.33 \$162,488.93
108 \$162,488.93 \$1,109.42 \$0.00 \$918.74 \$164,517.09
109 \$164,517.09 \$1,109.42 \$0.00 \$930.20 \$166,556.71
110 \$166,556.71 \$1,109.42 \$0.00 \$941.74 \$168,607.87
111 \$168,607.87 \$1,109.42 \$0.00 \$953.33 \$170,670.62
112 \$170,670.62 \$1,109.42 \$0.00 \$965.00 \$172,745.04
113 \$172,745.04 \$1,109.42 \$0.00 \$976.73 \$174,831.19
114 \$174,831.19 \$1,109.42 \$0.00 \$988.52 \$176,929.13
115 \$176,929.13 \$1,109.42 \$0.00 \$1,000.38 \$179,038.93
116 \$179,038.93 \$1,109.42 \$0.00 \$1,012.31 \$181,160.66
117 \$181,160.66 \$1,109.42 \$0.00 \$1,024.31 \$183,294.39
118 \$183,294.39 \$1,109.42 \$0.00 \$1,036.37 \$185,440.18
119 \$185,440.18 \$1,109.42 \$0.00 \$1,048.51 \$187,598.11
120 \$187,598.11 \$1,109.42 \$0.00 \$1,060.71 \$189,768.24
121 \$189,768.24 \$1,109.42 \$0.00 \$1,072.98 \$191,950.64
122 \$191,950.64 \$1,109.42 \$0.00 \$1,085.32 \$194,145.38
123 \$194,145.38 \$1,109.42 \$0.00 \$1,097.73 \$196,352.53
124 \$196,352.53 \$1,109.42 \$0.00 \$1,110.21 \$198,572.16
125 \$198,572.16 \$1,109.42 \$0.00 \$1,122.76 \$200,804.34
126 \$200,804.34 \$1,109.42 \$0.00 \$1,135.38 \$203,049.14
127 \$203,049.14 \$1,109.42 \$0.00 \$1,148.07 \$205,306.63
128 \$205,306.63 \$1,109.42 \$0.00 \$1,160.83 \$207,576.88
129 \$207,576.88 \$1,109.42 \$0.00 \$1,173.67 \$209,859.97
130 \$209,859.97 \$1,109.42 \$0.00 \$1,186.58 \$212,155.97
131 \$212,155.97 \$1,109.42 \$0.00 \$1,199.56 \$214,464.95
132 \$214,464.95 \$1,109.42 \$0.00 \$1,212.62 \$216,786.99
133 \$216,786.99 \$1,109.42 \$0.00 \$1,225.75 \$219,122.16
134 \$219,122.16 \$1,109.42 \$0.00 \$1,238.95 \$221,470.53
135 \$221,470.53 \$1,109.42 \$0.00 \$1,252.23 \$223,832.18
136 \$223,832.18 \$1,109.42 \$0.00 \$1,265.58 \$226,207.18
137 \$226,207.18 \$1,109.42 \$0.00 \$1,279.01 \$228,595.61
138 \$228,595.61 \$1,109.42 \$0.00 \$1,292.51 \$230,997.54
139 \$230,997.54 \$1,109.42 \$0.00 \$1,306.09 \$233,413.05
140 \$233,413.05 \$1,109.42 \$0.00 \$1,319.75 \$235,842.22
141 \$235,842.22 \$1,109.42 \$0.00 \$1,333.49 \$238,285.13
142 \$238,285.13 \$1,109.42 \$0.00 \$1,347.30 \$240,741.85
143 \$240,741.85 \$1,109.42 \$0.00 \$1,361.19 \$243,212.46
144 \$243,212.46 \$1,109.42 \$0.00 \$1,375.16 \$245,697.04
145 \$245,697.04 \$1,109.42 \$0.00 \$1,389.21 \$248,195.67
146 \$248,195.67 \$1,109.42 \$0.00 \$1,403.33 \$250,708.42
147 \$250,708.42 \$1,109.42 \$0.00 \$1,417.54 \$253,235.38
148 \$253,235.38 \$1,109.42 \$0.00 \$1,431.83 \$255,776.63
149 \$255,776.63 \$1,109.42 \$0.00 \$1,446.20 \$258,332.25
150 \$258,332.25 \$1,109.42 \$0.00 \$1,460.65 \$260,902.32
151 \$260,902.32 \$1,109.42 \$0.00 \$1,475.18 \$263,486.92
152 \$263,486.92 \$1,109.42 \$0.00 \$1,489.79 \$266,086.13
153 \$266,086.13 \$1,109.42 \$0.00 \$1,504.49 \$268,700.04
154 \$268,700.04 \$1,109.42 \$0.00 \$1,519.27 \$271,328.73
155 \$271,328.73 \$1,109.42 \$0.00 \$1,534.13 \$273,972.28
156 \$273,972.28 \$1,109.42 \$0.00 \$1,549.08 \$276,630.78
157 \$276,630.78 \$1,109.42 \$0.00 \$1,564.11 \$279,304.31
158 \$279,304.31 \$1,109.42 \$0.00 \$1,579.23 \$281,992.96
159 \$281,992.96 \$1,109.42 \$0.00 \$1,594.43 \$284,696.81
160 \$284,696.81 \$1,109.42 \$0.00 \$1,609.72 \$287,415.95
161 \$287,415.95 \$1,109.42 \$0.00 \$1,625.09 \$290,150.46
162 \$290,150.46 \$1,109.42 \$0.00 \$1,640.55 \$292,900.43
163 \$292,900.43 \$1,109.42 \$0.00 \$1,656.10 \$295,665.95
164 \$295,665.95 \$1,109.42 \$0.00 \$1,671.74 \$298,447.11
165 \$298,447.11 \$1,109.42 \$0.00 \$1,687.46 \$301,243.99
166 \$301,243.99 \$1,109.42 \$0.00 \$1,703.28 \$304,056.69
167 \$304,056.69 \$1,109.42 \$0.00 \$1,719.18 \$306,885.29
168 \$306,885.29 \$1,109.42 \$0.00 \$1,735.17 \$309,729.88
169 \$309,729.88 \$1,109.42 \$0.00 \$1,751.26 \$312,590.56
170 \$312,590.56 \$1,109.42 \$0.00 \$1,767.43 \$315,467.41
171 \$315,467.41 \$1,109.42 \$0.00 \$1,783.70 \$318,360.53
172 \$318,360.53 \$1,109.42 \$0.00 \$1,800.06 \$321,270.01
173 \$321,270.01 \$1,109.42 \$0.00 \$1,816.51 \$324,195.94
174 \$324,195.94 \$1,109.42 \$0.00 \$1,833.05 \$327,138.41
175 \$327,138.41 \$1,109.42 \$0.00 \$1,849.69 \$330,097.52
176 \$330,097.52 \$1,109.42 \$0.00 \$1,866.42 \$333,073.36
177 \$333,073.36 \$1,109.42 \$0.00 \$1,883.25 \$336,066.03
178 \$336,066.03 \$1,109.42 \$0.00 \$1,900.17 \$339,075.62
179 \$339,075.62 \$1,109.42 \$0.00 \$1,917.18 \$342,102.22
180 \$342,102.22 \$1,109.42 \$0.00 \$1,934.30 \$345,145.94
181 \$345,145.94 \$1,109.42 \$0.00 \$1,951.51 \$348,206.87
182 \$348,206.87 \$1,109.42 \$0.00 \$1,968.81 \$351,285.10
183 \$351,285.10 \$1,109.42 \$0.00 \$1,986.22 \$354,380.74
184 \$354,380.74 \$1,109.42 \$0.00 \$2,003.72 \$357,493.88
185 \$357,493.88 \$1,109.42 \$0.00 \$2,021.32 \$360,624.62
186 \$360,624.62 \$1,109.42 \$0.00 \$2,039.02 \$363,773.06
187 \$363,773.06 \$1,109.42 \$0.00 \$2,056.83 \$366,939.31
188 \$366,939.31 \$1,109.42 \$0.00 \$2,074.73 \$370,123.46
189 \$370,123.46 \$1,109.42 \$0.00 \$2,092.73 \$373,325.61
190 \$373,325.61 \$1,109.42 \$0.00 \$2,110.84 \$376,545.87
191 \$376,545.87 \$1,109.42 \$0.00 \$2,129.05 \$379,784.34
192 \$379,784.34 \$1,109.42 \$0.00 \$2,147.36 \$383,041.12
193 \$383,041.12 \$1,109.42 \$0.00 \$2,165.77 \$386,316.31
194 \$386,316.31 \$1,109.42 \$0.00 \$2,184.29 \$389,610.02
195 \$389,610.02 \$1,109.42 \$0.00 \$2,202.91 \$392,922.35
196 \$392,922.35 \$1,109.42 \$0.00 \$2,221.64 \$396,253.41
197 \$396,253.41 \$1,109.42 \$0.00 \$2,240.47 \$399,603.30
198 \$399,603.30 \$1,109.42 \$0.00 \$2,259.42 \$402,972.14
199 \$402,972.14 \$1,109.42 \$0.00 \$2,278.46 \$406,360.02
200 \$406,360.02 \$1,109.42 \$0.00 \$2,297.62 \$409,767.06
201 \$409,767.06 \$1,109.42 \$0.00 \$2,316.88 \$413,193.36
202 \$413,193.36 \$1,109.42 \$0.00 \$2,336.26 \$416,639.04
203 \$416,639.04 \$1,109.42 \$0.00 \$2,355.74 \$420,104.20
204 \$420,104.20 \$1,109.42 \$0.00 \$2,375.33 \$423,588.95
205 \$423,588.95 \$1,109.42 \$0.00 \$2,395.03 \$427,093.40
206 \$427,093.40 \$1,109.42 \$0.00 \$2,414.85 \$430,617.67
207 \$430,617.67 \$1,109.42 \$0.00 \$2,434.77 \$434,161.86
208 \$434,161.86 \$1,109.42 \$0.00 \$2,454.81 \$437,726.09
209 \$437,726.09 \$1,109.42 \$0.00 \$2,474.97 \$441,310.48
210 \$441,310.48 \$1,109.42 \$0.00 \$2,495.23 \$444,915.13
211 \$444,915.13 \$1,109.42 \$0.00 \$2,515.61 \$448,540.16
212 \$448,540.16 \$1,109.42 \$0.00 \$2,536.11 \$452,185.69
213 \$452,185.69 \$1,109.42 \$0.00 \$2,556.72 \$455,851.83
214 \$455,851.83 \$1,109.42 \$0.00 \$2,577.45 \$459,538.70
215 \$459,538.70 \$1,109.42 \$0.00 \$2,598.30 \$463,246.42
216 \$463,246.42 \$1,109.42 \$0.00 \$2,619.26 \$466,975.10
217 \$466,975.10 \$1,109.42 \$130,068.14 \$2,640.35 \$340,656.73
218 \$340,656.73 \$1,109.42 \$0.00 \$1,926.12 \$343,692.27
219 \$343,692.27 \$1,109.42 \$0.00 \$1,943.29 \$346,744.98
220 \$346,744.98 \$1,109.42 \$0.00 \$1,960.55 \$349,814.95
221 \$349,814.95 \$1,109.42 \$0.00 \$1,977.90 \$352,902.27
222 \$352,902.27 \$1,109.42 \$0.00 \$1,995.36 \$356,007.05
223 \$356,007.05 \$1,109.42 \$0.00 \$2,012.92 \$359,129.39
224 \$359,129.39 \$1,109.42 \$0.00 \$2,030.57 \$362,269.38
225 \$362,269.38 \$1,109.42 \$0.00 \$2,048.32 \$365,427.12
226 \$365,427.12 \$1,109.42 \$0.00 \$2,066.18 \$368,602.72
227 \$368,602.72 \$1,109.42 \$0.00 \$2,084.13 \$371,796.27
228 \$371,796.27 \$1,109.42 \$0.00 \$2,102.19 \$375,007.88
229 \$375,007.88 \$1,109.42 \$136,571.55 \$2,120.35 \$241,666.10
230 \$241,666.10 \$1,109.42 \$0.00 \$1,366.42 \$244,141.94
231 \$244,141.94 \$1,109.42 \$0.00 \$1,380.41 \$246,631.77
232 \$246,631.77 \$1,109.42 \$0.00 \$1,394.49 \$249,135.68
233 \$249,135.68 \$1,109.42 \$0.00 \$1,408.65 \$251,653.75
234 \$251,653.75 \$1,109.42 \$0.00 \$1,422.89 \$254,186.06
235 \$254,186.06 \$1,109.42 \$0.00 \$1,437.20 \$256,732.68
236 \$256,732.68 \$1,109.42 \$0.00 \$1,451.60 \$259,293.70
237 \$259,293.70 \$1,109.42 \$0.00 \$1,466.08 \$261,869.20
238 \$261,869.20 \$1,109.42 \$0.00 \$1,480.65 \$264,459.27
239 \$264,459.27 \$1,109.42 \$0.00 \$1,495.29 \$267,063.98
240 \$267,063.98 \$1,109.42 \$0.00 \$1,510.02 \$269,683.42
241 \$269,683.42 \$1,109.42 \$143,400.13 \$1,524.83 \$128,917.54
242 \$128,917.54 \$1,109.42 \$0.00 \$728.92 \$130,755.88
243 \$130,755.88 \$1,109.42 \$0.00 \$739.31 \$132,604.61
244 \$132,604.61 \$1,109.42 \$0.00 \$749.77 \$134,463.80
245 \$134,463.80 \$1,109.42 \$0.00 \$760.28 \$136,333.50
246 \$136,333.50 \$1,109.42 \$0.00 \$770.85 \$138,213.77
247 \$138,213.77 \$1,109.42 \$0.00 \$781.48 \$140,104.67
248 \$140,104.67 \$1,109.42 \$0.00 \$792.17 \$142,006.26
249 \$142,006.26 \$1,109.42 \$0.00 \$802.92 \$143,918.60
250 \$143,918.60 \$1,109.42 \$0.00 \$813.74 \$145,841.76
251 \$145,841.76 \$1,109.42 \$0.00 \$824.61 \$147,775.79
252 \$147,775.79 \$1,109.42 \$0.00 \$835.55 \$149,720.76
253 \$149,720.76 \$0.00 \$150,570.13 \$846.54 (\$2.83)