Savings Plan and Future Cost Estimation for Lafayette College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$191,939
Monthly savings required$1,519

How much will it cost to send your child to Lafayette College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $767,755.36 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,519.37 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$74,016.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

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

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,519.37 $0.00 $0.00 $1,519.37
2 $1,519.37 $1,519.37 $0.00 $8.59 $3,047.33
3 $3,047.33 $1,519.37 $0.00 $17.23 $4,583.93
4 $4,583.93 $1,519.37 $0.00 $25.92 $6,129.22
5 $6,129.22 $1,519.37 $0.00 $34.66 $7,683.25
6 $7,683.25 $1,519.37 $0.00 $43.44 $9,246.06
7 $9,246.06 $1,519.37 $0.00 $52.28 $10,817.71
8 $10,817.71 $1,519.37 $0.00 $61.16 $12,398.24
9 $12,398.24 $1,519.37 $0.00 $70.10 $13,987.71
10 $13,987.71 $1,519.37 $0.00 $79.09 $15,586.17
11 $15,586.17 $1,519.37 $0.00 $88.13 $17,193.67
12 $17,193.67 $1,519.37 $0.00 $97.22 $18,810.26
13 $18,810.26 $1,519.37 $0.00 $106.36 $20,435.99
14 $20,435.99 $1,519.37 $0.00 $115.55 $22,070.91
15 $22,070.91 $1,519.37 $0.00 $124.79 $23,715.07
16 $23,715.07 $1,519.37 $0.00 $134.09 $25,368.53
17 $25,368.53 $1,519.37 $0.00 $143.44 $27,031.34
18 $27,031.34 $1,519.37 $0.00 $152.84 $28,703.55
19 $28,703.55 $1,519.37 $0.00 $162.29 $30,385.21
20 $30,385.21 $1,519.37 $0.00 $171.80 $32,076.38
21 $32,076.38 $1,519.37 $0.00 $181.36 $33,777.11
22 $33,777.11 $1,519.37 $0.00 $190.98 $35,487.46
23 $35,487.46 $1,519.37 $0.00 $200.65 $37,207.48
24 $37,207.48 $1,519.37 $0.00 $210.38 $38,937.23
25 $38,937.23 $1,519.37 $0.00 $220.16 $40,676.76
26 $40,676.76 $1,519.37 $0.00 $229.99 $42,426.12
27 $42,426.12 $1,519.37 $0.00 $239.88 $44,185.37
28 $44,185.37 $1,519.37 $0.00 $249.83 $45,954.57
29 $45,954.57 $1,519.37 $0.00 $259.83 $47,733.77
30 $47,733.77 $1,519.37 $0.00 $269.89 $49,523.03
31 $49,523.03 $1,519.37 $0.00 $280.01 $51,322.41
32 $51,322.41 $1,519.37 $0.00 $290.18 $53,131.96
33 $53,131.96 $1,519.37 $0.00 $300.42 $54,951.75
34 $54,951.75 $1,519.37 $0.00 $310.71 $56,781.83
35 $56,781.83 $1,519.37 $0.00 $321.05 $58,622.25
36 $58,622.25 $1,519.37 $0.00 $331.46 $60,473.08
37 $60,473.08 $1,519.37 $0.00 $341.92 $62,334.37
38 $62,334.37 $1,519.37 $0.00 $352.45 $64,206.19
39 $64,206.19 $1,519.37 $0.00 $363.03 $66,088.59
40 $66,088.59 $1,519.37 $0.00 $373.67 $67,981.63
41 $67,981.63 $1,519.37 $0.00 $384.38 $69,885.38
42 $69,885.38 $1,519.37 $0.00 $395.14 $71,799.89
43 $71,799.89 $1,519.37 $0.00 $405.97 $73,725.23
44 $73,725.23 $1,519.37 $0.00 $416.85 $75,661.45
45 $75,661.45 $1,519.37 $0.00 $427.80 $77,608.62
46 $77,608.62 $1,519.37 $0.00 $438.81 $79,566.80
47 $79,566.80 $1,519.37 $0.00 $449.88 $81,536.05
48 $81,536.05 $1,519.37 $0.00 $461.02 $83,516.44
49 $83,516.44 $1,519.37 $0.00 $472.21 $85,508.02
50 $85,508.02 $1,519.37 $0.00 $483.47 $87,510.86
51 $87,510.86 $1,519.37 $0.00 $494.80 $89,525.03
52 $89,525.03 $1,519.37 $0.00 $506.19 $91,550.59
53 $91,550.59 $1,519.37 $0.00 $517.64 $93,587.60
54 $93,587.60 $1,519.37 $0.00 $529.16 $95,636.13
55 $95,636.13 $1,519.37 $0.00 $540.74 $97,696.24
56 $97,696.24 $1,519.37 $0.00 $552.39 $99,768.00
57 $99,768.00 $1,519.37 $0.00 $564.10 $101,851.47
58 $101,851.47 $1,519.37 $0.00 $575.88 $103,946.72
59 $103,946.72 $1,519.37 $0.00 $587.73 $106,053.82
60 $106,053.82 $1,519.37 $0.00 $599.64 $108,172.83
61 $108,172.83 $1,519.37 $0.00 $611.62 $110,303.82
62 $110,303.82 $1,519.37 $0.00 $623.67 $112,446.86
63 $112,446.86 $1,519.37 $0.00 $635.79 $114,602.02
64 $114,602.02 $1,519.37 $0.00 $647.98 $116,769.37
65 $116,769.37 $1,519.37 $0.00 $660.23 $118,948.97
66 $118,948.97 $1,519.37 $0.00 $672.55 $121,140.89
67 $121,140.89 $1,519.37 $0.00 $684.95 $123,345.21
68 $123,345.21 $1,519.37 $0.00 $697.41 $125,561.99
69 $125,561.99 $1,519.37 $0.00 $709.95 $127,791.31
70 $127,791.31 $1,519.37 $0.00 $722.55 $130,033.23
71 $130,033.23 $1,519.37 $0.00 $735.23 $132,287.83
72 $132,287.83 $1,519.37 $0.00 $747.97 $134,555.17
73 $134,555.17 $1,519.37 $0.00 $760.79 $136,835.33
74 $136,835.33 $1,519.37 $0.00 $773.69 $139,128.39
75 $139,128.39 $1,519.37 $0.00 $786.65 $141,434.41
76 $141,434.41 $1,519.37 $0.00 $799.69 $143,753.47
77 $143,753.47 $1,519.37 $0.00 $812.80 $146,085.64
78 $146,085.64 $1,519.37 $0.00 $825.99 $148,431.00
79 $148,431.00 $1,519.37 $0.00 $839.25 $150,789.62
80 $150,789.62 $1,519.37 $0.00 $852.59 $153,161.58
81 $153,161.58 $1,519.37 $0.00 $866.00 $155,546.95
82 $155,546.95 $1,519.37 $0.00 $879.49 $157,945.81
83 $157,945.81 $1,519.37 $0.00 $893.05 $160,358.23
84 $160,358.23 $1,519.37 $0.00 $906.69 $162,784.29
85 $162,784.29 $1,519.37 $0.00 $920.41 $165,224.07
86 $165,224.07 $1,519.37 $0.00 $934.20 $167,677.64
87 $167,677.64 $1,519.37 $0.00 $948.07 $170,145.08
88 $170,145.08 $1,519.37 $0.00 $962.03 $172,626.48
89 $172,626.48 $1,519.37 $0.00 $976.06 $175,121.91
90 $175,121.91 $1,519.37 $0.00 $990.16 $177,631.44
91 $177,631.44 $1,519.37 $0.00 $1,004.35 $180,155.16
92 $180,155.16 $1,519.37 $0.00 $1,018.62 $182,693.15
93 $182,693.15 $1,519.37 $0.00 $1,032.97 $185,245.49
94 $185,245.49 $1,519.37 $0.00 $1,047.40 $187,812.26
95 $187,812.26 $1,519.37 $0.00 $1,061.92 $190,393.55
96 $190,393.55 $1,519.37 $0.00 $1,076.51 $192,989.43
97 $192,989.43 $1,519.37 $0.00 $1,091.19 $195,599.99
98 $195,599.99 $1,519.37 $0.00 $1,105.95 $198,225.31
99 $198,225.31 $1,519.37 $0.00 $1,120.79 $200,865.47
100 $200,865.47 $1,519.37 $0.00 $1,135.72 $203,520.56
101 $203,520.56 $1,519.37 $0.00 $1,150.73 $206,190.66
102 $206,190.66 $1,519.37 $0.00 $1,165.83 $208,875.86
103 $208,875.86 $1,519.37 $0.00 $1,181.01 $211,576.24
104 $211,576.24 $1,519.37 $0.00 $1,196.28 $214,291.89
105 $214,291.89 $1,519.37 $0.00 $1,211.64 $217,022.90
106 $217,022.90 $1,519.37 $0.00 $1,227.08 $219,769.35
107 $219,769.35 $1,519.37 $0.00 $1,242.61 $222,531.33
108 $222,531.33 $1,519.37 $0.00 $1,258.22 $225,308.92
109 $225,308.92 $1,519.37 $0.00 $1,273.93 $228,102.22
110 $228,102.22 $1,519.37 $0.00 $1,289.72 $230,911.31
111 $230,911.31 $1,519.37 $0.00 $1,305.61 $233,736.29
112 $233,736.29 $1,519.37 $0.00 $1,321.58 $236,577.24
113 $236,577.24 $1,519.37 $0.00 $1,337.64 $239,434.25
114 $239,434.25 $1,519.37 $0.00 $1,353.80 $242,307.42
115 $242,307.42 $1,519.37 $0.00 $1,370.04 $245,196.83
116 $245,196.83 $1,519.37 $0.00 $1,386.38 $248,102.58
117 $248,102.58 $1,519.37 $0.00 $1,402.81 $251,024.76
118 $251,024.76 $1,519.37 $0.00 $1,419.33 $253,963.46
119 $253,963.46 $1,519.37 $0.00 $1,435.95 $256,918.78
120 $256,918.78 $1,519.37 $0.00 $1,452.66 $259,890.81
121 $259,890.81 $1,519.37 $0.00 $1,469.46 $262,879.64
122 $262,879.64 $1,519.37 $0.00 $1,486.36 $265,885.37
123 $265,885.37 $1,519.37 $0.00 $1,503.35 $268,908.09
124 $268,908.09 $1,519.37 $0.00 $1,520.45 $271,947.91
125 $271,947.91 $1,519.37 $0.00 $1,537.63 $275,004.91
126 $275,004.91 $1,519.37 $0.00 $1,554.92 $278,079.20
127 $278,079.20 $1,519.37 $0.00 $1,572.30 $281,170.87
128 $281,170.87 $1,519.37 $0.00 $1,589.78 $284,280.02
129 $284,280.02 $1,519.37 $0.00 $1,607.36 $287,406.75
130 $287,406.75 $1,519.37 $0.00 $1,625.04 $290,551.16
131 $290,551.16 $1,519.37 $0.00 $1,642.82 $293,713.35
132 $293,713.35 $1,519.37 $0.00 $1,660.70 $296,893.42
133 $296,893.42 $1,519.37 $0.00 $1,678.68 $300,091.47
134 $300,091.47 $1,519.37 $0.00 $1,696.76 $303,307.60
135 $303,307.60 $1,519.37 $0.00 $1,714.95 $306,541.92
136 $306,541.92 $1,519.37 $0.00 $1,733.23 $309,794.52
137 $309,794.52 $1,519.37 $0.00 $1,751.62 $313,065.51
138 $313,065.51 $1,519.37 $0.00 $1,770.12 $316,355.00
139 $316,355.00 $1,519.37 $0.00 $1,788.72 $319,663.09
140 $319,663.09 $1,519.37 $0.00 $1,807.42 $322,989.88
141 $322,989.88 $1,519.37 $0.00 $1,826.23 $326,335.48
142 $326,335.48 $1,519.37 $0.00 $1,845.15 $329,700.00
143 $329,700.00 $1,519.37 $0.00 $1,864.17 $333,083.54
144 $333,083.54 $1,519.37 $0.00 $1,883.30 $336,486.21
145 $336,486.21 $1,519.37 $0.00 $1,902.54 $339,908.12
146 $339,908.12 $1,519.37 $0.00 $1,921.89 $343,349.38
147 $343,349.38 $1,519.37 $0.00 $1,941.35 $346,810.10
148 $346,810.10 $1,519.37 $0.00 $1,960.91 $350,290.38
149 $350,290.38 $1,519.37 $0.00 $1,980.59 $353,790.34
150 $353,790.34 $1,519.37 $0.00 $2,000.38 $357,310.09
151 $357,310.09 $1,519.37 $0.00 $2,020.28 $360,849.74
152 $360,849.74 $1,519.37 $0.00 $2,040.30 $364,409.41
153 $364,409.41 $1,519.37 $0.00 $2,060.42 $367,989.20
154 $367,989.20 $1,519.37 $0.00 $2,080.66 $371,589.23
155 $371,589.23 $1,519.37 $0.00 $2,101.02 $375,209.62
156 $375,209.62 $1,519.37 $0.00 $2,121.49 $378,850.48
157 $378,850.48 $1,519.37 $0.00 $2,142.08 $382,511.93
158 $382,511.93 $1,519.37 $0.00 $2,162.78 $386,194.08
159 $386,194.08 $1,519.37 $0.00 $2,183.60 $389,897.05
160 $389,897.05 $1,519.37 $0.00 $2,204.53 $393,620.95
161 $393,620.95 $1,519.37 $0.00 $2,225.59 $397,365.91
162 $397,365.91 $1,519.37 $0.00 $2,246.76 $401,132.04
163 $401,132.04 $1,519.37 $0.00 $2,268.06 $404,919.47
164 $404,919.47 $1,519.37 $0.00 $2,289.47 $408,728.31
165 $408,728.31 $1,519.37 $0.00 $2,311.01 $412,558.69
166 $412,558.69 $1,519.37 $0.00 $2,332.67 $416,410.73
167 $416,410.73 $1,519.37 $0.00 $2,354.45 $420,284.55
168 $420,284.55 $1,519.37 $0.00 $2,376.35 $424,180.27
169 $424,180.27 $1,519.37 $0.00 $2,398.38 $428,098.02
170 $428,098.02 $1,519.37 $0.00 $2,420.53 $432,037.92
171 $432,037.92 $1,519.37 $0.00 $2,442.81 $436,000.10
172 $436,000.10 $1,519.37 $0.00 $2,465.21 $439,984.68
173 $439,984.68 $1,519.37 $0.00 $2,487.74 $443,991.79
174 $443,991.79 $1,519.37 $0.00 $2,510.39 $448,021.55
175 $448,021.55 $1,519.37 $0.00 $2,533.18 $452,074.10
176 $452,074.10 $1,519.37 $0.00 $2,556.09 $456,149.56
177 $456,149.56 $1,519.37 $0.00 $2,579.14 $460,248.07
178 $460,248.07 $1,519.37 $0.00 $2,602.31 $464,369.75
179 $464,369.75 $1,519.37 $0.00 $2,625.61 $468,514.73
180 $468,514.73 $1,519.37 $0.00 $2,649.05 $472,683.15
181 $472,683.15 $1,519.37 $0.00 $2,672.62 $476,875.14
182 $476,875.14 $1,519.37 $0.00 $2,696.32 $481,090.83
183 $481,090.83 $1,519.37 $0.00 $2,720.16 $485,330.36
184 $485,330.36 $1,519.37 $0.00 $2,744.13 $489,593.86
185 $489,593.86 $1,519.37 $0.00 $2,768.23 $493,881.46
186 $493,881.46 $1,519.37 $0.00 $2,792.48 $498,193.31
187 $498,193.31 $1,519.37 $0.00 $2,816.86 $502,529.54
188 $502,529.54 $1,519.37 $0.00 $2,841.38 $506,890.29
189 $506,890.29 $1,519.37 $0.00 $2,866.03 $511,275.69
190 $511,275.69 $1,519.37 $0.00 $2,890.83 $515,685.89
191 $515,685.89 $1,519.37 $0.00 $2,915.76 $520,121.02
192 $520,121.02 $1,519.37 $0.00 $2,940.84 $524,581.23
193 $524,581.23 $1,519.37 $0.00 $2,966.06 $529,066.66
194 $529,066.66 $1,519.37 $0.00 $2,991.42 $533,577.45
195 $533,577.45 $1,519.37 $0.00 $3,016.92 $538,113.74
196 $538,113.74 $1,519.37 $0.00 $3,042.57 $542,675.68
197 $542,675.68 $1,519.37 $0.00 $3,068.37 $547,263.42
198 $547,263.42 $1,519.37 $0.00 $3,094.31 $551,877.10
199 $551,877.10 $1,519.37 $0.00 $3,120.39 $556,516.86
200 $556,516.86 $1,519.37 $0.00 $3,146.63 $561,182.86
201 $561,182.86 $1,519.37 $0.00 $3,173.01 $565,875.24
202 $565,875.24 $1,519.37 $0.00 $3,199.54 $570,594.15
203 $570,594.15 $1,519.37 $0.00 $3,226.22 $575,339.74
204 $575,339.74 $1,519.37 $0.00 $3,253.05 $580,112.16
205 $580,112.16 $1,519.37 $0.00 $3,280.04 $584,911.57
206 $584,911.57 $1,519.37 $0.00 $3,307.18 $589,738.12
207 $589,738.12 $1,519.37 $0.00 $3,334.47 $594,591.96
208 $594,591.96 $1,519.37 $0.00 $3,361.91 $599,473.24
209 $599,473.24 $1,519.37 $0.00 $3,389.51 $604,382.12
210 $604,382.12 $1,519.37 $0.00 $3,417.26 $609,318.75
211 $609,318.75 $1,519.37 $0.00 $3,445.18 $614,283.30
212 $614,283.30 $1,519.37 $0.00 $3,473.25 $619,275.92
213 $619,275.92 $1,519.37 $0.00 $3,501.48 $624,296.77
214 $624,296.77 $1,519.37 $0.00 $3,529.86 $629,346.00
215 $629,346.00 $1,519.37 $0.00 $3,558.41 $634,423.78
216 $634,423.78 $1,519.37 $0.00 $3,587.12 $639,530.27
217 $639,530.27 $1,519.37 $178,128.33 $3,616.00 $466,537.31
218 $466,537.31 $1,519.37 $0.00 $2,637.87 $470,694.55
219 $470,694.55 $1,519.37 $0.00 $2,661.38 $474,875.30
220 $474,875.30 $1,519.37 $0.00 $2,685.01 $479,079.68
221 $479,079.68 $1,519.37 $0.00 $2,708.79 $483,307.84
222 $483,307.84 $1,519.37 $0.00 $2,732.69 $487,559.90
223 $487,559.90 $1,519.37 $0.00 $2,756.73 $491,836.00
224 $491,836.00 $1,519.37 $0.00 $2,780.91 $496,136.28
225 $496,136.28 $1,519.37 $0.00 $2,805.23 $500,460.88
226 $500,460.88 $1,519.37 $0.00 $2,829.68 $504,809.93
227 $504,809.93 $1,519.37 $0.00 $2,854.27 $509,183.57
228 $509,183.57 $1,519.37 $0.00 $2,879.00 $513,581.94
229 $513,581.94 $1,519.37 $187,034.75 $2,903.87 $330,970.43
230 $330,970.43 $1,519.37 $0.00 $1,871.35 $334,361.15
231 $334,361.15 $1,519.37 $0.00 $1,890.53 $337,771.05
232 $337,771.05 $1,519.37 $0.00 $1,909.81 $341,200.23
233 $341,200.23 $1,519.37 $0.00 $1,929.20 $344,648.80
234 $344,648.80 $1,519.37 $0.00 $1,948.69 $348,116.86
235 $348,116.86 $1,519.37 $0.00 $1,968.30 $351,604.53
236 $351,604.53 $1,519.37 $0.00 $1,988.02 $355,111.92
237 $355,111.92 $1,519.37 $0.00 $2,007.85 $358,639.14
238 $358,639.14 $1,519.37 $0.00 $2,027.80 $362,186.31
239 $362,186.31 $1,519.37 $0.00 $2,047.85 $365,753.53
240 $365,753.53 $1,519.37 $0.00 $2,068.02 $369,340.92
241 $369,340.92 $1,519.37 $196,386.48 $2,088.31 $176,562.12
242 $176,562.12 $1,519.37 $0.00 $998.31 $179,079.80
243 $179,079.80 $1,519.37 $0.00 $1,012.54 $181,611.71
244 $181,611.71 $1,519.37 $0.00 $1,026.86 $184,157.94
245 $184,157.94 $1,519.37 $0.00 $1,041.26 $186,718.57
246 $186,718.57 $1,519.37 $0.00 $1,055.73 $189,293.67
247 $189,293.67 $1,519.37 $0.00 $1,070.29 $191,883.33
248 $191,883.33 $1,519.37 $0.00 $1,084.94 $194,487.64
249 $194,487.64 $1,519.37 $0.00 $1,099.66 $197,106.67
250 $197,106.67 $1,519.37 $0.00 $1,114.47 $199,740.51
251 $199,740.51 $1,519.37 $0.00 $1,129.36 $202,389.24
252 $202,389.24 $1,519.37 $0.00 $1,144.34 $205,052.95
253 $205,052.95 $0.00 $206,205.81 $1,159.40 $6.54