# Savings Plan and Future Cost Estimation for Lee University

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

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2039 \$84,279 Monthly savings required \$667

How much will it cost to send your child to Lee University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$337,116.97 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$667.14 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 \$32,500.00 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 Lee University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$667.14 \$0.00 \$0.00 \$667.14
2 \$667.14 \$667.14 \$0.00 \$3.77 \$1,338.05
3 \$1,338.05 \$667.14 \$0.00 \$7.57 \$2,012.76
4 \$2,012.76 \$667.14 \$0.00 \$11.38 \$2,691.28
5 \$2,691.28 \$667.14 \$0.00 \$15.22 \$3,373.64
6 \$3,373.64 \$667.14 \$0.00 \$19.08 \$4,059.86
7 \$4,059.86 \$667.14 \$0.00 \$22.96 \$4,749.96
8 \$4,749.96 \$667.14 \$0.00 \$26.86 \$5,443.96
9 \$5,443.96 \$667.14 \$0.00 \$30.78 \$6,141.88
10 \$6,141.88 \$667.14 \$0.00 \$34.73 \$6,843.75
11 \$6,843.75 \$667.14 \$0.00 \$38.70 \$7,549.59
12 \$7,549.59 \$667.14 \$0.00 \$42.69 \$8,259.42
13 \$8,259.42 \$667.14 \$0.00 \$46.70 \$8,973.26
14 \$8,973.26 \$667.14 \$0.00 \$50.74 \$9,691.14
15 \$9,691.14 \$667.14 \$0.00 \$54.80 \$10,413.08
16 \$10,413.08 \$667.14 \$0.00 \$58.88 \$11,139.10
17 \$11,139.10 \$667.14 \$0.00 \$62.98 \$11,869.22
18 \$11,869.22 \$667.14 \$0.00 \$67.11 \$12,603.47
19 \$12,603.47 \$667.14 \$0.00 \$71.26 \$13,341.87
20 \$13,341.87 \$667.14 \$0.00 \$75.44 \$14,084.45
21 \$14,084.45 \$667.14 \$0.00 \$79.64 \$14,831.23
22 \$14,831.23 \$667.14 \$0.00 \$83.86 \$15,582.23
23 \$15,582.23 \$667.14 \$0.00 \$88.10 \$16,337.47
24 \$16,337.47 \$667.14 \$0.00 \$92.37 \$17,096.98
25 \$17,096.98 \$667.14 \$0.00 \$96.67 \$17,860.79
26 \$17,860.79 \$667.14 \$0.00 \$100.99 \$18,628.92
27 \$18,628.92 \$667.14 \$0.00 \$105.33 \$19,401.39
28 \$19,401.39 \$667.14 \$0.00 \$109.70 \$20,178.23
29 \$20,178.23 \$667.14 \$0.00 \$114.09 \$20,959.46
30 \$20,959.46 \$667.14 \$0.00 \$118.51 \$21,745.11
31 \$21,745.11 \$667.14 \$0.00 \$122.95 \$22,535.20
32 \$22,535.20 \$667.14 \$0.00 \$127.42 \$23,329.76
33 \$23,329.76 \$667.14 \$0.00 \$131.91 \$24,128.81
34 \$24,128.81 \$667.14 \$0.00 \$136.43 \$24,932.38
35 \$24,932.38 \$667.14 \$0.00 \$140.97 \$25,740.49
36 \$25,740.49 \$667.14 \$0.00 \$145.54 \$26,553.17
37 \$26,553.17 \$667.14 \$0.00 \$150.14 \$27,370.45
38 \$27,370.45 \$667.14 \$0.00 \$154.76 \$28,192.35
39 \$28,192.35 \$667.14 \$0.00 \$159.40 \$29,018.89
40 \$29,018.89 \$667.14 \$0.00 \$164.08 \$29,850.11
41 \$29,850.11 \$667.14 \$0.00 \$168.78 \$30,686.03
42 \$30,686.03 \$667.14 \$0.00 \$173.50 \$31,526.67
43 \$31,526.67 \$667.14 \$0.00 \$178.26 \$32,372.07
44 \$32,372.07 \$667.14 \$0.00 \$183.04 \$33,222.25
45 \$33,222.25 \$667.14 \$0.00 \$187.84 \$34,077.23
46 \$34,077.23 \$667.14 \$0.00 \$192.68 \$34,937.05
47 \$34,937.05 \$667.14 \$0.00 \$197.54 \$35,801.73
48 \$35,801.73 \$667.14 \$0.00 \$202.43 \$36,671.30
49 \$36,671.30 \$667.14 \$0.00 \$207.34 \$37,545.78
50 \$37,545.78 \$667.14 \$0.00 \$212.29 \$38,425.21
51 \$38,425.21 \$667.14 \$0.00 \$217.26 \$39,309.61
52 \$39,309.61 \$667.14 \$0.00 \$222.26 \$40,199.01
53 \$40,199.01 \$667.14 \$0.00 \$227.29 \$41,093.44
54 \$41,093.44 \$667.14 \$0.00 \$232.35 \$41,992.93
55 \$41,992.93 \$667.14 \$0.00 \$237.43 \$42,897.50
56 \$42,897.50 \$667.14 \$0.00 \$242.55 \$43,807.19
57 \$43,807.19 \$667.14 \$0.00 \$247.69 \$44,722.02
58 \$44,722.02 \$667.14 \$0.00 \$252.86 \$45,642.02
59 \$45,642.02 \$667.14 \$0.00 \$258.07 \$46,567.23
60 \$46,567.23 \$667.14 \$0.00 \$263.30 \$47,497.67
61 \$47,497.67 \$667.14 \$0.00 \$268.56 \$48,433.37
62 \$48,433.37 \$667.14 \$0.00 \$273.85 \$49,374.36
63 \$49,374.36 \$667.14 \$0.00 \$279.17 \$50,320.67
64 \$50,320.67 \$667.14 \$0.00 \$284.52 \$51,272.33
65 \$51,272.33 \$667.14 \$0.00 \$289.90 \$52,229.37
66 \$52,229.37 \$667.14 \$0.00 \$295.31 \$53,191.82
67 \$53,191.82 \$667.14 \$0.00 \$300.75 \$54,159.71
68 \$54,159.71 \$667.14 \$0.00 \$306.23 \$55,133.08
69 \$55,133.08 \$667.14 \$0.00 \$311.73 \$56,111.95
70 \$56,111.95 \$667.14 \$0.00 \$317.27 \$57,096.36
71 \$57,096.36 \$667.14 \$0.00 \$322.83 \$58,086.33
72 \$58,086.33 \$667.14 \$0.00 \$328.43 \$59,081.90
73 \$59,081.90 \$667.14 \$0.00 \$334.06 \$60,083.10
74 \$60,083.10 \$667.14 \$0.00 \$339.72 \$61,089.96
75 \$61,089.96 \$667.14 \$0.00 \$345.41 \$62,102.51
76 \$62,102.51 \$667.14 \$0.00 \$351.14 \$63,120.79
77 \$63,120.79 \$667.14 \$0.00 \$356.89 \$64,144.82
78 \$64,144.82 \$667.14 \$0.00 \$362.68 \$65,174.64
79 \$65,174.64 \$667.14 \$0.00 \$368.51 \$66,210.29
80 \$66,210.29 \$667.14 \$0.00 \$374.36 \$67,251.79
81 \$67,251.79 \$667.14 \$0.00 \$380.25 \$68,299.18
82 \$68,299.18 \$667.14 \$0.00 \$386.17 \$69,352.49
83 \$69,352.49 \$667.14 \$0.00 \$392.13 \$70,411.76
84 \$70,411.76 \$667.14 \$0.00 \$398.12 \$71,477.02
85 \$71,477.02 \$667.14 \$0.00 \$404.14 \$72,548.30
86 \$72,548.30 \$667.14 \$0.00 \$410.20 \$73,625.64
87 \$73,625.64 \$667.14 \$0.00 \$416.29 \$74,709.07
88 \$74,709.07 \$667.14 \$0.00 \$422.42 \$75,798.63
89 \$75,798.63 \$667.14 \$0.00 \$428.58 \$76,894.35
90 \$76,894.35 \$667.14 \$0.00 \$434.77 \$77,996.26
91 \$77,996.26 \$667.14 \$0.00 \$441.00 \$79,104.40
92 \$79,104.40 \$667.14 \$0.00 \$447.27 \$80,218.81
93 \$80,218.81 \$667.14 \$0.00 \$453.57 \$81,339.52
94 \$81,339.52 \$667.14 \$0.00 \$459.91 \$82,466.57
95 \$82,466.57 \$667.14 \$0.00 \$466.28 \$83,599.99
96 \$83,599.99 \$667.14 \$0.00 \$472.69 \$84,739.82
97 \$84,739.82 \$667.14 \$0.00 \$479.13 \$85,886.09
98 \$85,886.09 \$667.14 \$0.00 \$485.61 \$87,038.84
99 \$87,038.84 \$667.14 \$0.00 \$492.13 \$88,198.11
100 \$88,198.11 \$667.14 \$0.00 \$498.68 \$89,363.93
101 \$89,363.93 \$667.14 \$0.00 \$505.28 \$90,536.35
102 \$90,536.35 \$667.14 \$0.00 \$511.91 \$91,715.40
103 \$91,715.40 \$667.14 \$0.00 \$518.57 \$92,901.11
104 \$92,901.11 \$667.14 \$0.00 \$525.28 \$94,093.53
105 \$94,093.53 \$667.14 \$0.00 \$532.02 \$95,292.69
106 \$95,292.69 \$667.14 \$0.00 \$538.80 \$96,498.63
107 \$96,498.63 \$667.14 \$0.00 \$545.62 \$97,711.39
108 \$97,711.39 \$667.14 \$0.00 \$552.47 \$98,931.00
109 \$98,931.00 \$667.14 \$0.00 \$559.37 \$100,157.51
110 \$100,157.51 \$667.14 \$0.00 \$566.31 \$101,390.96
111 \$101,390.96 \$667.14 \$0.00 \$573.28 \$102,631.38
112 \$102,631.38 \$667.14 \$0.00 \$580.29 \$103,878.81
113 \$103,878.81 \$667.14 \$0.00 \$587.35 \$105,133.30
114 \$105,133.30 \$667.14 \$0.00 \$594.44 \$106,394.88
115 \$106,394.88 \$667.14 \$0.00 \$601.57 \$107,663.59
116 \$107,663.59 \$667.14 \$0.00 \$608.75 \$108,939.48
117 \$108,939.48 \$667.14 \$0.00 \$615.96 \$110,222.58
118 \$110,222.58 \$667.14 \$0.00 \$623.21 \$111,512.93
119 \$111,512.93 \$667.14 \$0.00 \$630.51 \$112,810.58
120 \$112,810.58 \$667.14 \$0.00 \$637.85 \$114,115.57
121 \$114,115.57 \$667.14 \$0.00 \$645.23 \$115,427.94
122 \$115,427.94 \$667.14 \$0.00 \$652.65 \$116,747.73
123 \$116,747.73 \$667.14 \$0.00 \$660.11 \$118,074.98
124 \$118,074.98 \$667.14 \$0.00 \$667.61 \$119,409.73
125 \$119,409.73 \$667.14 \$0.00 \$675.16 \$120,752.03
126 \$120,752.03 \$667.14 \$0.00 \$682.75 \$122,101.92
127 \$122,101.92 \$667.14 \$0.00 \$690.38 \$123,459.44
128 \$123,459.44 \$667.14 \$0.00 \$698.06 \$124,824.64
129 \$124,824.64 \$667.14 \$0.00 \$705.78 \$126,197.56
130 \$126,197.56 \$667.14 \$0.00 \$713.54 \$127,578.24
131 \$127,578.24 \$667.14 \$0.00 \$721.35 \$128,966.73
132 \$128,966.73 \$667.14 \$0.00 \$729.20 \$130,363.07
133 \$130,363.07 \$667.14 \$0.00 \$737.09 \$131,767.30
134 \$131,767.30 \$667.14 \$0.00 \$745.03 \$133,179.47
135 \$133,179.47 \$667.14 \$0.00 \$753.02 \$134,599.63
136 \$134,599.63 \$667.14 \$0.00 \$761.05 \$136,027.82
137 \$136,027.82 \$667.14 \$0.00 \$769.12 \$137,464.08
138 \$137,464.08 \$667.14 \$0.00 \$777.24 \$138,908.46
139 \$138,908.46 \$667.14 \$0.00 \$785.41 \$140,361.01
140 \$140,361.01 \$667.14 \$0.00 \$793.62 \$141,821.77
141 \$141,821.77 \$667.14 \$0.00 \$801.88 \$143,290.79
142 \$143,290.79 \$667.14 \$0.00 \$810.19 \$144,768.12
143 \$144,768.12 \$667.14 \$0.00 \$818.54 \$146,253.80
144 \$146,253.80 \$667.14 \$0.00 \$826.94 \$147,747.88
145 \$147,747.88 \$667.14 \$0.00 \$835.39 \$149,250.41
146 \$149,250.41 \$667.14 \$0.00 \$843.88 \$150,761.43
147 \$150,761.43 \$667.14 \$0.00 \$852.43 \$152,281.00
148 \$152,281.00 \$667.14 \$0.00 \$861.02 \$153,809.16
149 \$153,809.16 \$667.14 \$0.00 \$869.66 \$155,345.96
150 \$155,345.96 \$667.14 \$0.00 \$878.35 \$156,891.45
151 \$156,891.45 \$667.14 \$0.00 \$887.09 \$158,445.68
152 \$158,445.68 \$667.14 \$0.00 \$895.87 \$160,008.69
153 \$160,008.69 \$667.14 \$0.00 \$904.71 \$161,580.54
154 \$161,580.54 \$667.14 \$0.00 \$913.60 \$163,161.28
155 \$163,161.28 \$667.14 \$0.00 \$922.54 \$164,750.96
156 \$164,750.96 \$667.14 \$0.00 \$931.53 \$166,349.63
157 \$166,349.63 \$667.14 \$0.00 \$940.56 \$167,957.33
158 \$167,957.33 \$667.14 \$0.00 \$949.66 \$169,574.13
159 \$169,574.13 \$667.14 \$0.00 \$958.80 \$171,200.07
160 \$171,200.07 \$667.14 \$0.00 \$967.99 \$172,835.20
161 \$172,835.20 \$667.14 \$0.00 \$977.24 \$174,479.58
162 \$174,479.58 \$667.14 \$0.00 \$986.53 \$176,133.25
163 \$176,133.25 \$667.14 \$0.00 \$995.88 \$177,796.27
164 \$177,796.27 \$667.14 \$0.00 \$1,005.29 \$179,468.70
165 \$179,468.70 \$667.14 \$0.00 \$1,014.74 \$181,150.58
166 \$181,150.58 \$667.14 \$0.00 \$1,024.25 \$182,841.97
167 \$182,841.97 \$667.14 \$0.00 \$1,033.82 \$184,542.93
168 \$184,542.93 \$667.14 \$0.00 \$1,043.43 \$186,253.50
169 \$186,253.50 \$667.14 \$0.00 \$1,053.10 \$187,973.74
170 \$187,973.74 \$667.14 \$0.00 \$1,062.83 \$189,703.71
171 \$189,703.71 \$667.14 \$0.00 \$1,072.61 \$191,443.46
172 \$191,443.46 \$667.14 \$0.00 \$1,082.45 \$193,193.05
173 \$193,193.05 \$667.14 \$0.00 \$1,092.34 \$194,952.53
174 \$194,952.53 \$667.14 \$0.00 \$1,102.29 \$196,721.96
175 \$196,721.96 \$667.14 \$0.00 \$1,112.29 \$198,501.39
176 \$198,501.39 \$667.14 \$0.00 \$1,122.36 \$200,290.89
177 \$200,290.89 \$667.14 \$0.00 \$1,132.47 \$202,090.50
178 \$202,090.50 \$667.14 \$0.00 \$1,142.65 \$203,900.29
179 \$203,900.29 \$667.14 \$0.00 \$1,152.88 \$205,720.31
180 \$205,720.31 \$667.14 \$0.00 \$1,163.17 \$207,550.62
181 \$207,550.62 \$667.14 \$0.00 \$1,173.52 \$209,391.28
182 \$209,391.28 \$667.14 \$0.00 \$1,183.93 \$211,242.35
183 \$211,242.35 \$667.14 \$0.00 \$1,194.39 \$213,103.88
184 \$213,103.88 \$667.14 \$0.00 \$1,204.92 \$214,975.94
185 \$214,975.94 \$667.14 \$0.00 \$1,215.51 \$216,858.59
186 \$216,858.59 \$667.14 \$0.00 \$1,226.15 \$218,751.88
187 \$218,751.88 \$667.14 \$0.00 \$1,236.85 \$220,655.87
188 \$220,655.87 \$667.14 \$0.00 \$1,247.62 \$222,570.63
189 \$222,570.63 \$667.14 \$0.00 \$1,258.45 \$224,496.22
190 \$224,496.22 \$667.14 \$0.00 \$1,269.33 \$226,432.69
191 \$226,432.69 \$667.14 \$0.00 \$1,280.28 \$228,380.11
192 \$228,380.11 \$667.14 \$0.00 \$1,291.29 \$230,338.54
193 \$230,338.54 \$667.14 \$0.00 \$1,302.37 \$232,308.05
194 \$232,308.05 \$667.14 \$0.00 \$1,313.50 \$234,288.69
195 \$234,288.69 \$667.14 \$0.00 \$1,324.70 \$236,280.53
196 \$236,280.53 \$667.14 \$0.00 \$1,335.96 \$238,283.63
197 \$238,283.63 \$667.14 \$0.00 \$1,347.29 \$240,298.06
198 \$240,298.06 \$667.14 \$0.00 \$1,358.68 \$242,323.88
199 \$242,323.88 \$667.14 \$0.00 \$1,370.13 \$244,361.15
200 \$244,361.15 \$667.14 \$0.00 \$1,381.65 \$246,409.94
201 \$246,409.94 \$667.14 \$0.00 \$1,393.24 \$248,470.32
202 \$248,470.32 \$667.14 \$0.00 \$1,404.89 \$250,542.35
203 \$250,542.35 \$667.14 \$0.00 \$1,416.60 \$252,626.09
204 \$252,626.09 \$667.14 \$0.00 \$1,428.38 \$254,721.61
205 \$254,721.61 \$667.14 \$0.00 \$1,440.23 \$256,828.98
206 \$256,828.98 \$667.14 \$0.00 \$1,452.15 \$258,948.27
207 \$258,948.27 \$667.14 \$0.00 \$1,464.13 \$261,079.54
208 \$261,079.54 \$667.14 \$0.00 \$1,476.18 \$263,222.86
209 \$263,222.86 \$667.14 \$0.00 \$1,488.30 \$265,378.30
210 \$265,378.30 \$667.14 \$0.00 \$1,500.49 \$267,545.93
211 \$267,545.93 \$667.14 \$0.00 \$1,512.74 \$269,725.81
212 \$269,725.81 \$667.14 \$0.00 \$1,525.07 \$271,918.02
213 \$271,918.02 \$667.14 \$0.00 \$1,537.46 \$274,122.62
214 \$274,122.62 \$667.14 \$0.00 \$1,549.93 \$276,339.69
215 \$276,339.69 \$667.14 \$0.00 \$1,562.46 \$278,569.29
216 \$278,569.29 \$667.14 \$0.00 \$1,575.07 \$280,811.50
217 \$280,811.50 \$667.14 \$78,215.13 \$1,587.75 \$204,851.26
218 \$204,851.26 \$667.14 \$0.00 \$1,158.26 \$206,676.66
219 \$206,676.66 \$667.14 \$0.00 \$1,168.58 \$208,512.38
220 \$208,512.38 \$667.14 \$0.00 \$1,178.96 \$210,358.48
221 \$210,358.48 \$667.14 \$0.00 \$1,189.40 \$212,215.02
222 \$212,215.02 \$667.14 \$0.00 \$1,199.89 \$214,082.05
223 \$214,082.05 \$667.14 \$0.00 \$1,210.45 \$215,959.64
224 \$215,959.64 \$667.14 \$0.00 \$1,221.07 \$217,847.85
225 \$217,847.85 \$667.14 \$0.00 \$1,231.74 \$219,746.73
226 \$219,746.73 \$667.14 \$0.00 \$1,242.48 \$221,656.35
227 \$221,656.35 \$667.14 \$0.00 \$1,253.28 \$223,576.77
228 \$223,576.77 \$667.14 \$0.00 \$1,264.14 \$225,508.05
229 \$225,508.05 \$667.14 \$82,125.88 \$1,275.06 \$145,324.37
230 \$145,324.37 \$667.14 \$0.00 \$821.69 \$146,813.20
231 \$146,813.20 \$667.14 \$0.00 \$830.10 \$148,310.44
232 \$148,310.44 \$667.14 \$0.00 \$838.57 \$149,816.15
233 \$149,816.15 \$667.14 \$0.00 \$847.08 \$151,330.37
234 \$151,330.37 \$667.14 \$0.00 \$855.64 \$152,853.15
235 \$152,853.15 \$667.14 \$0.00 \$864.25 \$154,384.54
236 \$154,384.54 \$667.14 \$0.00 \$872.91 \$155,924.59
237 \$155,924.59 \$667.14 \$0.00 \$881.62 \$157,473.35
238 \$157,473.35 \$667.14 \$0.00 \$890.38 \$159,030.87
239 \$159,030.87 \$667.14 \$0.00 \$899.18 \$160,597.19
240 \$160,597.19 \$667.14 \$0.00 \$908.04 \$162,172.37
241 \$162,172.37 \$667.14 \$86,232.18 \$916.95 \$77,524.28
242 \$77,524.28 \$667.14 \$0.00 \$438.33 \$78,629.75
243 \$78,629.75 \$667.14 \$0.00 \$444.58 \$79,741.47
244 \$79,741.47 \$667.14 \$0.00 \$450.87 \$80,859.48
245 \$80,859.48 \$667.14 \$0.00 \$457.19 \$81,983.81
246 \$81,983.81 \$667.14 \$0.00 \$463.55 \$83,114.50
247 \$83,114.50 \$667.14 \$0.00 \$469.94 \$84,251.58
248 \$84,251.58 \$667.14 \$0.00 \$476.37 \$85,395.09
249 \$85,395.09 \$667.14 \$0.00 \$482.84 \$86,545.07
250 \$86,545.07 \$667.14 \$0.00 \$489.34 \$87,701.55
251 \$87,701.55 \$667.14 \$0.00 \$495.88 \$88,864.57
252 \$88,864.57 \$667.14 \$0.00 \$502.45 \$90,034.16
253 \$90,034.16 \$0.00 \$90,543.78 \$509.07 (\$0.55)