How much will it cost and what do you need to save?
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.
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 |
Discover how much will you need to start saving now to afford Lee University in the future.
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) |