How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $92,832 |
Monthly savings required | $735 |
How much will it cost to send your child to Columbia College in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $371,326.56 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $734.84 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 | $35,798.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 5% |
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 Columbia College in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $734.84 | $0.00 | $0.00 | $734.84 |
2 | $734.84 | $734.84 | $0.00 | $4.15 | $1,473.83 |
3 | $1,473.83 | $734.84 | $0.00 | $8.33 | $2,217.00 |
4 | $2,217.00 | $734.84 | $0.00 | $12.54 | $2,964.38 |
5 | $2,964.38 | $734.84 | $0.00 | $16.76 | $3,715.98 |
6 | $3,715.98 | $734.84 | $0.00 | $21.01 | $4,471.83 |
7 | $4,471.83 | $734.84 | $0.00 | $25.28 | $5,231.95 |
8 | $5,231.95 | $734.84 | $0.00 | $29.58 | $5,996.37 |
9 | $5,996.37 | $734.84 | $0.00 | $33.90 | $6,765.11 |
10 | $6,765.11 | $734.84 | $0.00 | $38.25 | $7,538.20 |
11 | $7,538.20 | $734.84 | $0.00 | $42.62 | $8,315.66 |
12 | $8,315.66 | $734.84 | $0.00 | $47.02 | $9,097.52 |
13 | $9,097.52 | $734.84 | $0.00 | $51.44 | $9,883.80 |
14 | $9,883.80 | $734.84 | $0.00 | $55.88 | $10,674.52 |
15 | $10,674.52 | $734.84 | $0.00 | $60.36 | $11,469.72 |
16 | $11,469.72 | $734.84 | $0.00 | $64.85 | $12,269.41 |
17 | $12,269.41 | $734.84 | $0.00 | $69.37 | $13,073.62 |
18 | $13,073.62 | $734.84 | $0.00 | $73.92 | $13,882.38 |
19 | $13,882.38 | $734.84 | $0.00 | $78.49 | $14,695.71 |
20 | $14,695.71 | $734.84 | $0.00 | $83.09 | $15,513.64 |
21 | $15,513.64 | $734.84 | $0.00 | $87.72 | $16,336.20 |
22 | $16,336.20 | $734.84 | $0.00 | $92.37 | $17,163.41 |
23 | $17,163.41 | $734.84 | $0.00 | $97.04 | $17,995.29 |
24 | $17,995.29 | $734.84 | $0.00 | $101.75 | $18,831.88 |
25 | $18,831.88 | $734.84 | $0.00 | $106.48 | $19,673.20 |
26 | $19,673.20 | $734.84 | $0.00 | $111.24 | $20,519.28 |
27 | $20,519.28 | $734.84 | $0.00 | $116.02 | $21,370.14 |
28 | $21,370.14 | $734.84 | $0.00 | $120.83 | $22,225.81 |
29 | $22,225.81 | $734.84 | $0.00 | $125.67 | $23,086.32 |
30 | $23,086.32 | $734.84 | $0.00 | $130.53 | $23,951.69 |
31 | $23,951.69 | $734.84 | $0.00 | $135.43 | $24,821.96 |
32 | $24,821.96 | $734.84 | $0.00 | $140.35 | $25,697.15 |
33 | $25,697.15 | $734.84 | $0.00 | $145.30 | $26,577.29 |
34 | $26,577.29 | $734.84 | $0.00 | $150.27 | $27,462.40 |
35 | $27,462.40 | $734.84 | $0.00 | $155.28 | $28,352.52 |
36 | $28,352.52 | $734.84 | $0.00 | $160.31 | $29,247.67 |
37 | $29,247.67 | $734.84 | $0.00 | $165.37 | $30,147.88 |
38 | $30,147.88 | $734.84 | $0.00 | $170.46 | $31,053.18 |
39 | $31,053.18 | $734.84 | $0.00 | $175.58 | $31,963.60 |
40 | $31,963.60 | $734.84 | $0.00 | $180.73 | $32,879.17 |
41 | $32,879.17 | $734.84 | $0.00 | $185.90 | $33,799.91 |
42 | $33,799.91 | $734.84 | $0.00 | $191.11 | $34,725.86 |
43 | $34,725.86 | $734.84 | $0.00 | $196.35 | $35,657.05 |
44 | $35,657.05 | $734.84 | $0.00 | $201.61 | $36,593.50 |
45 | $36,593.50 | $734.84 | $0.00 | $206.90 | $37,535.24 |
46 | $37,535.24 | $734.84 | $0.00 | $212.23 | $38,482.31 |
47 | $38,482.31 | $734.84 | $0.00 | $217.58 | $39,434.73 |
48 | $39,434.73 | $734.84 | $0.00 | $222.97 | $40,392.54 |
49 | $40,392.54 | $734.84 | $0.00 | $228.39 | $41,355.77 |
50 | $41,355.77 | $734.84 | $0.00 | $233.83 | $42,324.44 |
51 | $42,324.44 | $734.84 | $0.00 | $239.31 | $43,298.59 |
52 | $43,298.59 | $734.84 | $0.00 | $244.82 | $44,278.25 |
53 | $44,278.25 | $734.84 | $0.00 | $250.36 | $45,263.45 |
54 | $45,263.45 | $734.84 | $0.00 | $255.93 | $46,254.22 |
55 | $46,254.22 | $734.84 | $0.00 | $261.53 | $47,250.59 |
56 | $47,250.59 | $734.84 | $0.00 | $267.16 | $48,252.59 |
57 | $48,252.59 | $734.84 | $0.00 | $272.83 | $49,260.26 |
58 | $49,260.26 | $734.84 | $0.00 | $278.52 | $50,273.62 |
59 | $50,273.62 | $734.84 | $0.00 | $284.25 | $51,292.71 |
60 | $51,292.71 | $734.84 | $0.00 | $290.02 | $52,317.57 |
61 | $52,317.57 | $734.84 | $0.00 | $295.81 | $53,348.22 |
62 | $53,348.22 | $734.84 | $0.00 | $301.64 | $54,384.70 |
63 | $54,384.70 | $734.84 | $0.00 | $307.50 | $55,427.04 |
64 | $55,427.04 | $734.84 | $0.00 | $313.39 | $56,475.27 |
65 | $56,475.27 | $734.84 | $0.00 | $319.32 | $57,529.43 |
66 | $57,529.43 | $734.84 | $0.00 | $325.28 | $58,589.55 |
67 | $58,589.55 | $734.84 | $0.00 | $331.27 | $59,655.66 |
68 | $59,655.66 | $734.84 | $0.00 | $337.30 | $60,727.80 |
69 | $60,727.80 | $734.84 | $0.00 | $343.36 | $61,806.00 |
70 | $61,806.00 | $734.84 | $0.00 | $349.46 | $62,890.30 |
71 | $62,890.30 | $734.84 | $0.00 | $355.59 | $63,980.73 |
72 | $63,980.73 | $734.84 | $0.00 | $361.76 | $65,077.33 |
73 | $65,077.33 | $734.84 | $0.00 | $367.96 | $66,180.13 |
74 | $66,180.13 | $734.84 | $0.00 | $374.19 | $67,289.16 |
75 | $67,289.16 | $734.84 | $0.00 | $380.46 | $68,404.46 |
76 | $68,404.46 | $734.84 | $0.00 | $386.77 | $69,526.07 |
77 | $69,526.07 | $734.84 | $0.00 | $393.11 | $70,654.02 |
78 | $70,654.02 | $734.84 | $0.00 | $399.49 | $71,788.35 |
79 | $71,788.35 | $734.84 | $0.00 | $405.90 | $72,929.09 |
80 | $72,929.09 | $734.84 | $0.00 | $412.35 | $74,076.28 |
81 | $74,076.28 | $734.84 | $0.00 | $418.84 | $75,229.96 |
82 | $75,229.96 | $734.84 | $0.00 | $425.36 | $76,390.16 |
83 | $76,390.16 | $734.84 | $0.00 | $431.92 | $77,556.92 |
84 | $77,556.92 | $734.84 | $0.00 | $438.52 | $78,730.28 |
85 | $78,730.28 | $734.84 | $0.00 | $445.15 | $79,910.27 |
86 | $79,910.27 | $734.84 | $0.00 | $451.82 | $81,096.93 |
87 | $81,096.93 | $734.84 | $0.00 | $458.53 | $82,290.30 |
88 | $82,290.30 | $734.84 | $0.00 | $465.28 | $83,490.42 |
89 | $83,490.42 | $734.84 | $0.00 | $472.07 | $84,697.33 |
90 | $84,697.33 | $734.84 | $0.00 | $478.89 | $85,911.06 |
91 | $85,911.06 | $734.84 | $0.00 | $485.75 | $87,131.65 |
92 | $87,131.65 | $734.84 | $0.00 | $492.66 | $88,359.15 |
93 | $88,359.15 | $734.84 | $0.00 | $499.60 | $89,593.59 |
94 | $89,593.59 | $734.84 | $0.00 | $506.58 | $90,835.01 |
95 | $90,835.01 | $734.84 | $0.00 | $513.59 | $92,083.44 |
96 | $92,083.44 | $734.84 | $0.00 | $520.65 | $93,338.93 |
97 | $93,338.93 | $734.84 | $0.00 | $527.75 | $94,601.52 |
98 | $94,601.52 | $734.84 | $0.00 | $534.89 | $95,871.25 |
99 | $95,871.25 | $734.84 | $0.00 | $542.07 | $97,148.16 |
100 | $97,148.16 | $734.84 | $0.00 | $549.29 | $98,432.29 |
101 | $98,432.29 | $734.84 | $0.00 | $556.55 | $99,723.68 |
102 | $99,723.68 | $734.84 | $0.00 | $563.85 | $101,022.37 |
103 | $101,022.37 | $734.84 | $0.00 | $571.20 | $102,328.41 |
104 | $102,328.41 | $734.84 | $0.00 | $578.58 | $103,641.83 |
105 | $103,641.83 | $734.84 | $0.00 | $586.01 | $104,962.68 |
106 | $104,962.68 | $734.84 | $0.00 | $593.47 | $106,290.99 |
107 | $106,290.99 | $734.84 | $0.00 | $600.98 | $107,626.81 |
108 | $107,626.81 | $734.84 | $0.00 | $608.54 | $108,970.19 |
109 | $108,970.19 | $734.84 | $0.00 | $616.13 | $110,321.16 |
110 | $110,321.16 | $734.84 | $0.00 | $623.77 | $111,679.77 |
111 | $111,679.77 | $734.84 | $0.00 | $631.45 | $113,046.06 |
112 | $113,046.06 | $734.84 | $0.00 | $639.18 | $114,420.08 |
113 | $114,420.08 | $734.84 | $0.00 | $646.95 | $115,801.87 |
114 | $115,801.87 | $734.84 | $0.00 | $654.76 | $117,191.47 |
115 | $117,191.47 | $734.84 | $0.00 | $662.62 | $118,588.93 |
116 | $118,588.93 | $734.84 | $0.00 | $670.52 | $119,994.29 |
117 | $119,994.29 | $734.84 | $0.00 | $678.47 | $121,407.60 |
118 | $121,407.60 | $734.84 | $0.00 | $686.46 | $122,828.90 |
119 | $122,828.90 | $734.84 | $0.00 | $694.49 | $124,258.23 |
120 | $124,258.23 | $734.84 | $0.00 | $702.57 | $125,695.64 |
121 | $125,695.64 | $734.84 | $0.00 | $710.70 | $127,141.18 |
122 | $127,141.18 | $734.84 | $0.00 | $718.87 | $128,594.89 |
123 | $128,594.89 | $734.84 | $0.00 | $727.09 | $130,056.82 |
124 | $130,056.82 | $734.84 | $0.00 | $735.36 | $131,527.02 |
125 | $131,527.02 | $734.84 | $0.00 | $743.67 | $133,005.53 |
126 | $133,005.53 | $734.84 | $0.00 | $752.03 | $134,492.40 |
127 | $134,492.40 | $734.84 | $0.00 | $760.44 | $135,987.68 |
128 | $135,987.68 | $734.84 | $0.00 | $768.89 | $137,491.41 |
129 | $137,491.41 | $734.84 | $0.00 | $777.40 | $139,003.65 |
130 | $139,003.65 | $734.84 | $0.00 | $785.95 | $140,524.44 |
131 | $140,524.44 | $734.84 | $0.00 | $794.55 | $142,053.83 |
132 | $142,053.83 | $734.84 | $0.00 | $803.19 | $143,591.86 |
133 | $143,591.86 | $734.84 | $0.00 | $811.89 | $145,138.59 |
134 | $145,138.59 | $734.84 | $0.00 | $820.63 | $146,694.06 |
135 | $146,694.06 | $734.84 | $0.00 | $829.43 | $148,258.33 |
136 | $148,258.33 | $734.84 | $0.00 | $838.27 | $149,831.44 |
137 | $149,831.44 | $734.84 | $0.00 | $847.17 | $151,413.45 |
138 | $151,413.45 | $734.84 | $0.00 | $856.11 | $153,004.40 |
139 | $153,004.40 | $734.84 | $0.00 | $865.11 | $154,604.35 |
140 | $154,604.35 | $734.84 | $0.00 | $874.16 | $156,213.35 |
141 | $156,213.35 | $734.84 | $0.00 | $883.25 | $157,831.44 |
142 | $157,831.44 | $734.84 | $0.00 | $892.40 | $159,458.68 |
143 | $159,458.68 | $734.84 | $0.00 | $901.60 | $161,095.12 |
144 | $161,095.12 | $734.84 | $0.00 | $910.86 | $162,740.82 |
145 | $162,740.82 | $734.84 | $0.00 | $920.16 | $164,395.82 |
146 | $164,395.82 | $734.84 | $0.00 | $929.52 | $166,060.18 |
147 | $166,060.18 | $734.84 | $0.00 | $938.93 | $167,733.95 |
148 | $167,733.95 | $734.84 | $0.00 | $948.39 | $169,417.18 |
149 | $169,417.18 | $734.84 | $0.00 | $957.91 | $171,109.93 |
150 | $171,109.93 | $734.84 | $0.00 | $967.48 | $172,812.25 |
151 | $172,812.25 | $734.84 | $0.00 | $977.11 | $174,524.20 |
152 | $174,524.20 | $734.84 | $0.00 | $986.79 | $176,245.83 |
153 | $176,245.83 | $734.84 | $0.00 | $996.52 | $177,977.19 |
154 | $177,977.19 | $734.84 | $0.00 | $1,006.31 | $179,718.34 |
155 | $179,718.34 | $734.84 | $0.00 | $1,016.15 | $181,469.33 |
156 | $181,469.33 | $734.84 | $0.00 | $1,026.05 | $183,230.22 |
157 | $183,230.22 | $734.84 | $0.00 | $1,036.01 | $185,001.07 |
158 | $185,001.07 | $734.84 | $0.00 | $1,046.02 | $186,781.93 |
159 | $186,781.93 | $734.84 | $0.00 | $1,056.09 | $188,572.86 |
160 | $188,572.86 | $734.84 | $0.00 | $1,066.22 | $190,373.92 |
161 | $190,373.92 | $734.84 | $0.00 | $1,076.40 | $192,185.16 |
162 | $192,185.16 | $734.84 | $0.00 | $1,086.64 | $194,006.64 |
163 | $194,006.64 | $734.84 | $0.00 | $1,096.94 | $195,838.42 |
164 | $195,838.42 | $734.84 | $0.00 | $1,107.30 | $197,680.56 |
165 | $197,680.56 | $734.84 | $0.00 | $1,117.71 | $199,533.11 |
166 | $199,533.11 | $734.84 | $0.00 | $1,128.19 | $201,396.14 |
167 | $201,396.14 | $734.84 | $0.00 | $1,138.72 | $203,269.70 |
168 | $203,269.70 | $734.84 | $0.00 | $1,149.32 | $205,153.86 |
169 | $205,153.86 | $734.84 | $0.00 | $1,159.97 | $207,048.67 |
170 | $207,048.67 | $734.84 | $0.00 | $1,170.68 | $208,954.19 |
171 | $208,954.19 | $734.84 | $0.00 | $1,181.46 | $210,870.49 |
172 | $210,870.49 | $734.84 | $0.00 | $1,192.29 | $212,797.62 |
173 | $212,797.62 | $734.84 | $0.00 | $1,203.19 | $214,735.65 |
174 | $214,735.65 | $734.84 | $0.00 | $1,214.15 | $216,684.64 |
175 | $216,684.64 | $734.84 | $0.00 | $1,225.17 | $218,644.65 |
176 | $218,644.65 | $734.84 | $0.00 | $1,236.25 | $220,615.74 |
177 | $220,615.74 | $734.84 | $0.00 | $1,247.39 | $222,597.97 |
178 | $222,597.97 | $734.84 | $0.00 | $1,258.60 | $224,591.41 |
179 | $224,591.41 | $734.84 | $0.00 | $1,269.87 | $226,596.12 |
180 | $226,596.12 | $734.84 | $0.00 | $1,281.21 | $228,612.17 |
181 | $228,612.17 | $734.84 | $0.00 | $1,292.61 | $230,639.62 |
182 | $230,639.62 | $734.84 | $0.00 | $1,304.07 | $232,678.53 |
183 | $232,678.53 | $734.84 | $0.00 | $1,315.60 | $234,728.97 |
184 | $234,728.97 | $734.84 | $0.00 | $1,327.19 | $236,791.00 |
185 | $236,791.00 | $734.84 | $0.00 | $1,338.85 | $238,864.69 |
186 | $238,864.69 | $734.84 | $0.00 | $1,350.58 | $240,950.11 |
187 | $240,950.11 | $734.84 | $0.00 | $1,362.37 | $243,047.32 |
188 | $243,047.32 | $734.84 | $0.00 | $1,374.22 | $245,156.38 |
189 | $245,156.38 | $734.84 | $0.00 | $1,386.15 | $247,277.37 |
190 | $247,277.37 | $734.84 | $0.00 | $1,398.14 | $249,410.35 |
191 | $249,410.35 | $734.84 | $0.00 | $1,410.20 | $251,555.39 |
192 | $251,555.39 | $734.84 | $0.00 | $1,422.33 | $253,712.56 |
193 | $253,712.56 | $734.84 | $0.00 | $1,434.53 | $255,881.93 |
194 | $255,881.93 | $734.84 | $0.00 | $1,446.79 | $258,063.56 |
195 | $258,063.56 | $734.84 | $0.00 | $1,459.13 | $260,257.53 |
196 | $260,257.53 | $734.84 | $0.00 | $1,471.53 | $262,463.90 |
197 | $262,463.90 | $734.84 | $0.00 | $1,484.01 | $264,682.75 |
198 | $264,682.75 | $734.84 | $0.00 | $1,496.55 | $266,914.14 |
199 | $266,914.14 | $734.84 | $0.00 | $1,509.17 | $269,158.15 |
200 | $269,158.15 | $734.84 | $0.00 | $1,521.86 | $271,414.85 |
201 | $271,414.85 | $734.84 | $0.00 | $1,534.62 | $273,684.31 |
202 | $273,684.31 | $734.84 | $0.00 | $1,547.45 | $275,966.60 |
203 | $275,966.60 | $734.84 | $0.00 | $1,560.36 | $278,261.80 |
204 | $278,261.80 | $734.84 | $0.00 | $1,573.33 | $280,569.97 |
205 | $280,569.97 | $734.84 | $0.00 | $1,586.38 | $282,891.19 |
206 | $282,891.19 | $734.84 | $0.00 | $1,599.51 | $285,225.54 |
207 | $285,225.54 | $734.84 | $0.00 | $1,612.71 | $287,573.09 |
208 | $287,573.09 | $734.84 | $0.00 | $1,625.98 | $289,933.91 |
209 | $289,933.91 | $734.84 | $0.00 | $1,639.33 | $292,308.08 |
210 | $292,308.08 | $734.84 | $0.00 | $1,652.75 | $294,695.67 |
211 | $294,695.67 | $734.84 | $0.00 | $1,666.25 | $297,096.76 |
212 | $297,096.76 | $734.84 | $0.00 | $1,679.83 | $299,511.43 |
213 | $299,511.43 | $734.84 | $0.00 | $1,693.48 | $301,939.75 |
214 | $301,939.75 | $734.84 | $0.00 | $1,707.21 | $304,381.80 |
215 | $304,381.80 | $734.84 | $0.00 | $1,721.02 | $306,837.66 |
216 | $306,837.66 | $734.84 | $0.00 | $1,734.90 | $309,307.40 |
217 | $309,307.40 | $734.84 | $86,152.16 | $1,748.87 | $225,638.95 |
218 | $225,638.95 | $734.84 | $0.00 | $1,275.80 | $227,649.59 |
219 | $227,649.59 | $734.84 | $0.00 | $1,287.16 | $229,671.59 |
220 | $229,671.59 | $734.84 | $0.00 | $1,298.60 | $231,705.03 |
221 | $231,705.03 | $734.84 | $0.00 | $1,310.09 | $233,749.96 |
222 | $233,749.96 | $734.84 | $0.00 | $1,321.66 | $235,806.46 |
223 | $235,806.46 | $734.84 | $0.00 | $1,333.28 | $237,874.58 |
224 | $237,874.58 | $734.84 | $0.00 | $1,344.98 | $239,954.40 |
225 | $239,954.40 | $734.84 | $0.00 | $1,356.74 | $242,045.98 |
226 | $242,045.98 | $734.84 | $0.00 | $1,368.56 | $244,149.38 |
227 | $244,149.38 | $734.84 | $0.00 | $1,380.46 | $246,264.68 |
228 | $246,264.68 | $734.84 | $0.00 | $1,392.42 | $248,391.94 |
229 | $248,391.94 | $734.84 | $90,459.76 | $1,404.44 | $160,071.46 |
230 | $160,071.46 | $734.84 | $0.00 | $905.07 | $161,711.37 |
231 | $161,711.37 | $734.84 | $0.00 | $914.34 | $163,360.55 |
232 | $163,360.55 | $734.84 | $0.00 | $923.66 | $165,019.05 |
233 | $165,019.05 | $734.84 | $0.00 | $933.04 | $166,686.93 |
234 | $166,686.93 | $734.84 | $0.00 | $942.47 | $168,364.24 |
235 | $168,364.24 | $734.84 | $0.00 | $951.96 | $170,051.04 |
236 | $170,051.04 | $734.84 | $0.00 | $961.49 | $171,747.37 |
237 | $171,747.37 | $734.84 | $0.00 | $971.08 | $173,453.29 |
238 | $173,453.29 | $734.84 | $0.00 | $980.73 | $175,168.86 |
239 | $175,168.86 | $734.84 | $0.00 | $990.43 | $176,894.13 |
240 | $176,894.13 | $734.84 | $0.00 | $1,000.19 | $178,629.16 |
241 | $178,629.16 | $734.84 | $94,982.75 | $1,010.00 | $85,391.25 |
242 | $85,391.25 | $734.84 | $0.00 | $482.81 | $86,608.90 |
243 | $86,608.90 | $734.84 | $0.00 | $489.70 | $87,833.44 |
244 | $87,833.44 | $734.84 | $0.00 | $496.62 | $89,064.90 |
245 | $89,064.90 | $734.84 | $0.00 | $503.59 | $90,303.33 |
246 | $90,303.33 | $734.84 | $0.00 | $510.59 | $91,548.76 |
247 | $91,548.76 | $734.84 | $0.00 | $517.63 | $92,801.23 |
248 | $92,801.23 | $734.84 | $0.00 | $524.71 | $94,060.78 |
249 | $94,060.78 | $734.84 | $0.00 | $531.83 | $95,327.45 |
250 | $95,327.45 | $734.84 | $0.00 | $539.00 | $96,601.29 |
251 | $96,601.29 | $734.84 | $0.00 | $546.20 | $97,882.33 |
252 | $97,882.33 | $734.84 | $0.00 | $553.44 | $99,170.61 |
253 | $99,170.61 | $0.00 | $99,731.89 | $560.73 | ($0.55) |