Estimated Annual Cost in 2042 | $126,341 |
Monthly savings required | $999 |
How much will it cost to send your child to Claflin University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $505,365.85 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $998.51 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.
Current Annual Cost | $33,676.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford Claflin University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $998.51 | $0.00 | $0.00 | $998.51 |
2 | $998.51 | $998.51 | $0.00 | $5.65 | $2,002.67 |
3 | $2,002.67 | $998.51 | $0.00 | $11.32 | $3,012.50 |
4 | $3,012.50 | $998.51 | $0.00 | $17.03 | $4,028.04 |
5 | $4,028.04 | $998.51 | $0.00 | $22.78 | $5,049.33 |
6 | $5,049.33 | $998.51 | $0.00 | $28.55 | $6,076.39 |
7 | $6,076.39 | $998.51 | $0.00 | $34.36 | $7,109.26 |
8 | $7,109.26 | $998.51 | $0.00 | $40.20 | $8,147.97 |
9 | $8,147.97 | $998.51 | $0.00 | $46.07 | $9,192.55 |
10 | $9,192.55 | $998.51 | $0.00 | $51.98 | $10,243.04 |
11 | $10,243.04 | $998.51 | $0.00 | $57.92 | $11,299.47 |
12 | $11,299.47 | $998.51 | $0.00 | $63.89 | $12,361.87 |
13 | $12,361.87 | $998.51 | $0.00 | $69.90 | $13,430.28 |
14 | $13,430.28 | $998.51 | $0.00 | $75.94 | $14,504.73 |
15 | $14,504.73 | $998.51 | $0.00 | $82.01 | $15,585.25 |
16 | $15,585.25 | $998.51 | $0.00 | $88.12 | $16,671.88 |
17 | $16,671.88 | $998.51 | $0.00 | $94.27 | $17,764.66 |
18 | $17,764.66 | $998.51 | $0.00 | $100.44 | $18,863.61 |
19 | $18,863.61 | $998.51 | $0.00 | $106.66 | $19,968.78 |
20 | $19,968.78 | $998.51 | $0.00 | $112.91 | $21,080.20 |
21 | $21,080.20 | $998.51 | $0.00 | $119.19 | $22,197.90 |
22 | $22,197.90 | $998.51 | $0.00 | $125.51 | $23,321.92 |
23 | $23,321.92 | $998.51 | $0.00 | $131.87 | $24,452.30 |
24 | $24,452.30 | $998.51 | $0.00 | $138.26 | $25,589.07 |
25 | $25,589.07 | $998.51 | $0.00 | $144.68 | $26,732.26 |
26 | $26,732.26 | $998.51 | $0.00 | $151.15 | $27,881.92 |
27 | $27,881.92 | $998.51 | $0.00 | $157.65 | $29,038.08 |
28 | $29,038.08 | $998.51 | $0.00 | $164.19 | $30,200.78 |
29 | $30,200.78 | $998.51 | $0.00 | $170.76 | $31,370.05 |
30 | $31,370.05 | $998.51 | $0.00 | $177.37 | $32,545.93 |
31 | $32,545.93 | $998.51 | $0.00 | $184.02 | $33,728.46 |
32 | $33,728.46 | $998.51 | $0.00 | $190.71 | $34,917.68 |
33 | $34,917.68 | $998.51 | $0.00 | $197.43 | $36,113.62 |
34 | $36,113.62 | $998.51 | $0.00 | $204.19 | $37,316.32 |
35 | $37,316.32 | $998.51 | $0.00 | $210.99 | $38,525.82 |
36 | $38,525.82 | $998.51 | $0.00 | $217.83 | $39,742.16 |
37 | $39,742.16 | $998.51 | $0.00 | $224.71 | $40,965.38 |
38 | $40,965.38 | $998.51 | $0.00 | $231.62 | $42,195.51 |
39 | $42,195.51 | $998.51 | $0.00 | $238.58 | $43,432.60 |
40 | $43,432.60 | $998.51 | $0.00 | $245.57 | $44,676.68 |
41 | $44,676.68 | $998.51 | $0.00 | $252.61 | $45,927.80 |
42 | $45,927.80 | $998.51 | $0.00 | $259.68 | $47,185.99 |
43 | $47,185.99 | $998.51 | $0.00 | $266.80 | $48,451.30 |
44 | $48,451.30 | $998.51 | $0.00 | $273.95 | $49,723.76 |
45 | $49,723.76 | $998.51 | $0.00 | $281.15 | $51,003.42 |
46 | $51,003.42 | $998.51 | $0.00 | $288.38 | $52,290.31 |
47 | $52,290.31 | $998.51 | $0.00 | $295.66 | $53,584.48 |
48 | $53,584.48 | $998.51 | $0.00 | $302.97 | $54,885.96 |
49 | $54,885.96 | $998.51 | $0.00 | $310.33 | $56,194.80 |
50 | $56,194.80 | $998.51 | $0.00 | $317.73 | $57,511.04 |
51 | $57,511.04 | $998.51 | $0.00 | $325.18 | $58,834.73 |
52 | $58,834.73 | $998.51 | $0.00 | $332.66 | $60,165.90 |
53 | $60,165.90 | $998.51 | $0.00 | $340.19 | $61,504.60 |
54 | $61,504.60 | $998.51 | $0.00 | $347.76 | $62,850.87 |
55 | $62,850.87 | $998.51 | $0.00 | $355.37 | $64,204.75 |
56 | $64,204.75 | $998.51 | $0.00 | $363.02 | $65,566.28 |
57 | $65,566.28 | $998.51 | $0.00 | $370.72 | $66,935.51 |
58 | $66,935.51 | $998.51 | $0.00 | $378.46 | $68,312.48 |
59 | $68,312.48 | $998.51 | $0.00 | $386.25 | $69,697.24 |
60 | $69,697.24 | $998.51 | $0.00 | $394.08 | $71,089.83 |
61 | $71,089.83 | $998.51 | $0.00 | $401.95 | $72,490.29 |
62 | $72,490.29 | $998.51 | $0.00 | $409.87 | $73,898.67 |
63 | $73,898.67 | $998.51 | $0.00 | $417.83 | $75,315.01 |
64 | $75,315.01 | $998.51 | $0.00 | $425.84 | $76,739.36 |
65 | $76,739.36 | $998.51 | $0.00 | $433.90 | $78,171.77 |
66 | $78,171.77 | $998.51 | $0.00 | $441.99 | $79,612.27 |
67 | $79,612.27 | $998.51 | $0.00 | $450.14 | $81,060.92 |
68 | $81,060.92 | $998.51 | $0.00 | $458.33 | $82,517.76 |
69 | $82,517.76 | $998.51 | $0.00 | $466.57 | $83,982.84 |
70 | $83,982.84 | $998.51 | $0.00 | $474.85 | $85,456.20 |
71 | $85,456.20 | $998.51 | $0.00 | $483.18 | $86,937.89 |
72 | $86,937.89 | $998.51 | $0.00 | $491.56 | $88,427.96 |
73 | $88,427.96 | $998.51 | $0.00 | $499.98 | $89,926.45 |
74 | $89,926.45 | $998.51 | $0.00 | $508.46 | $91,433.42 |
75 | $91,433.42 | $998.51 | $0.00 | $516.98 | $92,948.91 |
76 | $92,948.91 | $998.51 | $0.00 | $525.55 | $94,472.97 |
77 | $94,472.97 | $998.51 | $0.00 | $534.16 | $96,005.64 |
78 | $96,005.64 | $998.51 | $0.00 | $542.83 | $97,546.98 |
79 | $97,546.98 | $998.51 | $0.00 | $551.54 | $99,097.03 |
80 | $99,097.03 | $998.51 | $0.00 | $560.31 | $100,655.85 |
81 | $100,655.85 | $998.51 | $0.00 | $569.12 | $102,223.48 |
82 | $102,223.48 | $998.51 | $0.00 | $577.99 | $103,799.98 |
83 | $103,799.98 | $998.51 | $0.00 | $586.90 | $105,385.39 |
84 | $105,385.39 | $998.51 | $0.00 | $595.86 | $106,979.76 |
85 | $106,979.76 | $998.51 | $0.00 | $604.88 | $108,583.15 |
86 | $108,583.15 | $998.51 | $0.00 | $613.94 | $110,195.60 |
87 | $110,195.60 | $998.51 | $0.00 | $623.06 | $111,817.17 |
88 | $111,817.17 | $998.51 | $0.00 | $632.23 | $113,447.91 |
89 | $113,447.91 | $998.51 | $0.00 | $641.45 | $115,087.87 |
90 | $115,087.87 | $998.51 | $0.00 | $650.72 | $116,737.10 |
91 | $116,737.10 | $998.51 | $0.00 | $660.05 | $118,395.66 |
92 | $118,395.66 | $998.51 | $0.00 | $669.43 | $120,063.60 |
93 | $120,063.60 | $998.51 | $0.00 | $678.86 | $121,740.97 |
94 | $121,740.97 | $998.51 | $0.00 | $688.34 | $123,427.82 |
95 | $123,427.82 | $998.51 | $0.00 | $697.88 | $125,124.21 |
96 | $125,124.21 | $998.51 | $0.00 | $707.47 | $126,830.19 |
97 | $126,830.19 | $998.51 | $0.00 | $717.12 | $128,545.82 |
98 | $128,545.82 | $998.51 | $0.00 | $726.82 | $130,271.15 |
99 | $130,271.15 | $998.51 | $0.00 | $736.57 | $132,006.23 |
100 | $132,006.23 | $998.51 | $0.00 | $746.38 | $133,751.12 |
101 | $133,751.12 | $998.51 | $0.00 | $756.25 | $135,505.88 |
102 | $135,505.88 | $998.51 | $0.00 | $766.17 | $137,270.56 |
103 | $137,270.56 | $998.51 | $0.00 | $776.15 | $139,045.22 |
104 | $139,045.22 | $998.51 | $0.00 | $786.18 | $140,829.91 |
105 | $140,829.91 | $998.51 | $0.00 | $796.27 | $142,624.69 |
106 | $142,624.69 | $998.51 | $0.00 | $806.42 | $144,429.62 |
107 | $144,429.62 | $998.51 | $0.00 | $816.63 | $146,244.76 |
108 | $146,244.76 | $998.51 | $0.00 | $826.89 | $148,070.16 |
109 | $148,070.16 | $998.51 | $0.00 | $837.21 | $149,905.88 |
110 | $149,905.88 | $998.51 | $0.00 | $847.59 | $151,751.98 |
111 | $151,751.98 | $998.51 | $0.00 | $858.03 | $153,608.52 |
112 | $153,608.52 | $998.51 | $0.00 | $868.52 | $155,475.55 |
113 | $155,475.55 | $998.51 | $0.00 | $879.08 | $157,353.14 |
114 | $157,353.14 | $998.51 | $0.00 | $889.70 | $159,241.35 |
115 | $159,241.35 | $998.51 | $0.00 | $900.37 | $161,140.23 |
116 | $161,140.23 | $998.51 | $0.00 | $911.11 | $163,049.85 |
117 | $163,049.85 | $998.51 | $0.00 | $921.91 | $164,970.27 |
118 | $164,970.27 | $998.51 | $0.00 | $932.77 | $166,901.55 |
119 | $166,901.55 | $998.51 | $0.00 | $943.69 | $168,843.75 |
120 | $168,843.75 | $998.51 | $0.00 | $954.67 | $170,796.93 |
121 | $170,796.93 | $998.51 | $0.00 | $965.71 | $172,761.15 |
122 | $172,761.15 | $998.51 | $0.00 | $976.82 | $174,736.48 |
123 | $174,736.48 | $998.51 | $0.00 | $987.99 | $176,722.98 |
124 | $176,722.98 | $998.51 | $0.00 | $999.22 | $178,720.71 |
125 | $178,720.71 | $998.51 | $0.00 | $1,010.51 | $180,729.73 |
126 | $180,729.73 | $998.51 | $0.00 | $1,021.87 | $182,750.11 |
127 | $182,750.11 | $998.51 | $0.00 | $1,033.30 | $184,781.92 |
128 | $184,781.92 | $998.51 | $0.00 | $1,044.78 | $186,825.21 |
129 | $186,825.21 | $998.51 | $0.00 | $1,056.34 | $188,880.06 |
130 | $188,880.06 | $998.51 | $0.00 | $1,067.96 | $190,946.53 |
131 | $190,946.53 | $998.51 | $0.00 | $1,079.64 | $193,024.68 |
132 | $193,024.68 | $998.51 | $0.00 | $1,091.39 | $195,114.58 |
133 | $195,114.58 | $998.51 | $0.00 | $1,103.21 | $197,216.30 |
134 | $197,216.30 | $998.51 | $0.00 | $1,115.09 | $199,329.90 |
135 | $199,329.90 | $998.51 | $0.00 | $1,127.04 | $201,455.45 |
136 | $201,455.45 | $998.51 | $0.00 | $1,139.06 | $203,593.02 |
137 | $203,593.02 | $998.51 | $0.00 | $1,151.14 | $205,742.67 |
138 | $205,742.67 | $998.51 | $0.00 | $1,163.30 | $207,904.48 |
139 | $207,904.48 | $998.51 | $0.00 | $1,175.52 | $210,078.51 |
140 | $210,078.51 | $998.51 | $0.00 | $1,187.81 | $212,264.83 |
141 | $212,264.83 | $998.51 | $0.00 | $1,200.18 | $214,463.52 |
142 | $214,463.52 | $998.51 | $0.00 | $1,212.61 | $216,674.64 |
143 | $216,674.64 | $998.51 | $0.00 | $1,225.11 | $218,898.26 |
144 | $218,898.26 | $998.51 | $0.00 | $1,237.68 | $221,134.45 |
145 | $221,134.45 | $998.51 | $0.00 | $1,250.33 | $223,383.29 |
146 | $223,383.29 | $998.51 | $0.00 | $1,263.04 | $225,644.84 |
147 | $225,644.84 | $998.51 | $0.00 | $1,275.83 | $227,919.18 |
148 | $227,919.18 | $998.51 | $0.00 | $1,288.69 | $230,206.38 |
149 | $230,206.38 | $998.51 | $0.00 | $1,301.62 | $232,506.51 |
150 | $232,506.51 | $998.51 | $0.00 | $1,314.63 | $234,819.65 |
151 | $234,819.65 | $998.51 | $0.00 | $1,327.70 | $237,145.86 |
152 | $237,145.86 | $998.51 | $0.00 | $1,340.86 | $239,485.23 |
153 | $239,485.23 | $998.51 | $0.00 | $1,354.08 | $241,837.82 |
154 | $241,837.82 | $998.51 | $0.00 | $1,367.39 | $244,203.72 |
155 | $244,203.72 | $998.51 | $0.00 | $1,380.76 | $246,582.99 |
156 | $246,582.99 | $998.51 | $0.00 | $1,394.22 | $248,975.72 |
157 | $248,975.72 | $998.51 | $0.00 | $1,407.74 | $251,381.97 |
158 | $251,381.97 | $998.51 | $0.00 | $1,421.35 | $253,801.83 |
159 | $253,801.83 | $998.51 | $0.00 | $1,435.03 | $256,235.37 |
160 | $256,235.37 | $998.51 | $0.00 | $1,448.79 | $258,682.67 |
161 | $258,682.67 | $998.51 | $0.00 | $1,462.63 | $261,143.81 |
162 | $261,143.81 | $998.51 | $0.00 | $1,476.55 | $263,618.87 |
163 | $263,618.87 | $998.51 | $0.00 | $1,490.54 | $266,107.92 |
164 | $266,107.92 | $998.51 | $0.00 | $1,504.61 | $268,611.04 |
165 | $268,611.04 | $998.51 | $0.00 | $1,518.77 | $271,128.32 |
166 | $271,128.32 | $998.51 | $0.00 | $1,533.00 | $273,659.83 |
167 | $273,659.83 | $998.51 | $0.00 | $1,547.31 | $276,205.65 |
168 | $276,205.65 | $998.51 | $0.00 | $1,561.71 | $278,765.87 |
169 | $278,765.87 | $998.51 | $0.00 | $1,576.18 | $281,340.56 |
170 | $281,340.56 | $998.51 | $0.00 | $1,590.74 | $283,929.81 |
171 | $283,929.81 | $998.51 | $0.00 | $1,605.38 | $286,533.70 |
172 | $286,533.70 | $998.51 | $0.00 | $1,620.10 | $289,152.31 |
173 | $289,152.31 | $998.51 | $0.00 | $1,634.91 | $291,785.73 |
174 | $291,785.73 | $998.51 | $0.00 | $1,649.80 | $294,434.04 |
175 | $294,434.04 | $998.51 | $0.00 | $1,664.77 | $297,097.32 |
176 | $297,097.32 | $998.51 | $0.00 | $1,679.83 | $299,775.66 |
177 | $299,775.66 | $998.51 | $0.00 | $1,694.98 | $302,469.15 |
178 | $302,469.15 | $998.51 | $0.00 | $1,710.20 | $305,177.86 |
179 | $305,177.86 | $998.51 | $0.00 | $1,725.52 | $307,901.89 |
180 | $307,901.89 | $998.51 | $0.00 | $1,740.92 | $310,641.32 |
181 | $310,641.32 | $998.51 | $0.00 | $1,756.41 | $313,396.24 |
182 | $313,396.24 | $998.51 | $0.00 | $1,771.99 | $316,166.74 |
183 | $316,166.74 | $998.51 | $0.00 | $1,787.65 | $318,952.90 |
184 | $318,952.90 | $998.51 | $0.00 | $1,803.41 | $321,754.82 |
185 | $321,754.82 | $998.51 | $0.00 | $1,819.25 | $324,572.58 |
186 | $324,572.58 | $998.51 | $0.00 | $1,835.18 | $327,406.27 |
187 | $327,406.27 | $998.51 | $0.00 | $1,851.20 | $330,255.98 |
188 | $330,255.98 | $998.51 | $0.00 | $1,867.32 | $333,121.81 |
189 | $333,121.81 | $998.51 | $0.00 | $1,883.52 | $336,003.84 |
190 | $336,003.84 | $998.51 | $0.00 | $1,899.81 | $338,902.16 |
191 | $338,902.16 | $998.51 | $0.00 | $1,916.20 | $341,816.87 |
192 | $341,816.87 | $998.51 | $0.00 | $1,932.68 | $344,748.06 |
193 | $344,748.06 | $998.51 | $0.00 | $1,949.26 | $347,695.83 |
194 | $347,695.83 | $998.51 | $0.00 | $1,965.92 | $350,660.26 |
195 | $350,660.26 | $998.51 | $0.00 | $1,982.68 | $353,641.45 |
196 | $353,641.45 | $998.51 | $0.00 | $1,999.54 | $356,639.50 |
197 | $356,639.50 | $998.51 | $0.00 | $2,016.49 | $359,654.50 |
198 | $359,654.50 | $998.51 | $0.00 | $2,033.54 | $362,686.55 |
199 | $362,686.55 | $998.51 | $0.00 | $2,050.68 | $365,735.74 |
200 | $365,735.74 | $998.51 | $0.00 | $2,067.92 | $368,802.17 |
201 | $368,802.17 | $998.51 | $0.00 | $2,085.26 | $371,885.94 |
202 | $371,885.94 | $998.51 | $0.00 | $2,102.70 | $374,987.15 |
203 | $374,987.15 | $998.51 | $0.00 | $2,120.23 | $378,105.89 |
204 | $378,105.89 | $998.51 | $0.00 | $2,137.87 | $381,242.27 |
205 | $381,242.27 | $998.51 | $0.00 | $2,155.60 | $384,396.38 |
206 | $384,396.38 | $998.51 | $0.00 | $2,173.43 | $387,568.32 |
207 | $387,568.32 | $998.51 | $0.00 | $2,191.37 | $390,758.20 |
208 | $390,758.20 | $998.51 | $0.00 | $2,209.40 | $393,966.11 |
209 | $393,966.11 | $998.51 | $0.00 | $2,227.54 | $397,192.16 |
210 | $397,192.16 | $998.51 | $0.00 | $2,245.78 | $400,436.45 |
211 | $400,436.45 | $998.51 | $0.00 | $2,264.13 | $403,699.09 |
212 | $403,699.09 | $998.51 | $0.00 | $2,282.57 | $406,980.17 |
213 | $406,980.17 | $998.51 | $0.00 | $2,301.13 | $410,279.81 |
214 | $410,279.81 | $998.51 | $0.00 | $2,319.78 | $413,598.10 |
215 | $413,598.10 | $998.51 | $0.00 | $2,338.54 | $416,935.15 |
216 | $416,935.15 | $998.51 | $0.00 | $2,357.41 | $420,291.07 |
217 | $420,291.07 | $998.51 | $113,822.60 | $2,376.39 | $309,843.37 |
218 | $309,843.37 | $998.51 | $0.00 | $1,751.90 | $312,593.78 |
219 | $312,593.78 | $998.51 | $0.00 | $1,767.45 | $315,359.74 |
220 | $315,359.74 | $998.51 | $0.00 | $1,783.09 | $318,141.34 |
221 | $318,141.34 | $998.51 | $0.00 | $1,798.82 | $320,938.67 |
222 | $320,938.67 | $998.51 | $0.00 | $1,814.63 | $323,751.81 |
223 | $323,751.81 | $998.51 | $0.00 | $1,830.54 | $326,580.86 |
224 | $326,580.86 | $998.51 | $0.00 | $1,846.54 | $329,425.91 |
225 | $329,425.91 | $998.51 | $0.00 | $1,862.62 | $332,287.04 |
226 | $332,287.04 | $998.51 | $0.00 | $1,878.80 | $335,164.35 |
227 | $335,164.35 | $998.51 | $0.00 | $1,895.07 | $338,057.93 |
228 | $338,057.93 | $998.51 | $0.00 | $1,911.43 | $340,967.87 |
229 | $340,967.87 | $998.51 | $121,790.18 | $1,927.88 | $222,104.08 |
230 | $222,104.08 | $998.51 | $0.00 | $1,255.81 | $224,358.40 |
231 | $224,358.40 | $998.51 | $0.00 | $1,268.56 | $226,625.47 |
232 | $226,625.47 | $998.51 | $0.00 | $1,281.37 | $228,905.35 |
233 | $228,905.35 | $998.51 | $0.00 | $1,294.26 | $231,198.12 |
234 | $231,198.12 | $998.51 | $0.00 | $1,307.23 | $233,503.86 |
235 | $233,503.86 | $998.51 | $0.00 | $1,320.26 | $235,822.63 |
236 | $235,822.63 | $998.51 | $0.00 | $1,333.38 | $238,154.52 |
237 | $238,154.52 | $998.51 | $0.00 | $1,346.56 | $240,499.59 |
238 | $240,499.59 | $998.51 | $0.00 | $1,359.82 | $242,857.92 |
239 | $242,857.92 | $998.51 | $0.00 | $1,373.15 | $245,229.58 |
240 | $245,229.58 | $998.51 | $0.00 | $1,386.56 | $247,614.65 |
241 | $247,614.65 | $998.51 | $130,315.49 | $1,400.05 | $119,697.72 |
242 | $119,697.72 | $998.51 | $0.00 | $676.79 | $121,373.02 |
243 | $121,373.02 | $998.51 | $0.00 | $686.26 | $123,057.79 |
244 | $123,057.79 | $998.51 | $0.00 | $695.79 | $124,752.09 |
245 | $124,752.09 | $998.51 | $0.00 | $705.37 | $126,455.97 |
246 | $126,455.97 | $998.51 | $0.00 | $715.00 | $128,169.48 |
247 | $128,169.48 | $998.51 | $0.00 | $724.69 | $129,892.68 |
248 | $129,892.68 | $998.51 | $0.00 | $734.43 | $131,625.62 |
249 | $131,625.62 | $998.51 | $0.00 | $744.23 | $133,368.36 |
250 | $133,368.36 | $998.51 | $0.00 | $754.08 | $135,120.95 |
251 | $135,120.95 | $998.51 | $0.00 | $763.99 | $136,883.45 |
252 | $136,883.45 | $998.51 | $0.00 | $773.96 | $138,655.92 |
253 | $138,655.92 | $0.00 | $139,437.58 | $783.98 | $2.32 |