Savings Plan and Future Cost Estimation for Concordia University Texas

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$129,178
Monthly savings required$1,023

How much will it cost to send your child to Concordia University Texas in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $516,712.14 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,022.54 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$49,814.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,022.54 $0.00 $0.00 $1,022.54
2 $1,022.54 $1,022.54 $0.00 $5.78 $2,050.86
3 $2,050.86 $1,022.54 $0.00 $11.60 $3,085.00
4 $3,085.00 $1,022.54 $0.00 $17.44 $4,124.98
5 $4,124.98 $1,022.54 $0.00 $23.32 $5,170.84
6 $5,170.84 $1,022.54 $0.00 $29.24 $6,222.62
7 $6,222.62 $1,022.54 $0.00 $35.18 $7,280.34
8 $7,280.34 $1,022.54 $0.00 $41.16 $8,344.04
9 $8,344.04 $1,022.54 $0.00 $47.18 $9,413.76
10 $9,413.76 $1,022.54 $0.00 $53.23 $10,489.53
11 $10,489.53 $1,022.54 $0.00 $59.31 $11,571.38
12 $11,571.38 $1,022.54 $0.00 $65.43 $12,659.35
13 $12,659.35 $1,022.54 $0.00 $71.58 $13,753.47
14 $13,753.47 $1,022.54 $0.00 $77.76 $14,853.77
15 $14,853.77 $1,022.54 $0.00 $83.99 $15,960.30
16 $15,960.30 $1,022.54 $0.00 $90.24 $17,073.08
17 $17,073.08 $1,022.54 $0.00 $96.53 $18,192.15
18 $18,192.15 $1,022.54 $0.00 $102.86 $19,317.55
19 $19,317.55 $1,022.54 $0.00 $109.22 $20,449.31
20 $20,449.31 $1,022.54 $0.00 $115.62 $21,587.47
21 $21,587.47 $1,022.54 $0.00 $122.06 $22,732.07
22 $22,732.07 $1,022.54 $0.00 $128.53 $23,883.14
23 $23,883.14 $1,022.54 $0.00 $135.04 $25,040.72
24 $25,040.72 $1,022.54 $0.00 $141.58 $26,204.84
25 $26,204.84 $1,022.54 $0.00 $148.17 $27,375.55
26 $27,375.55 $1,022.54 $0.00 $154.79 $28,552.88
27 $28,552.88 $1,022.54 $0.00 $161.44 $29,736.86
28 $29,736.86 $1,022.54 $0.00 $168.14 $30,927.54
29 $30,927.54 $1,022.54 $0.00 $174.87 $32,124.95
30 $32,124.95 $1,022.54 $0.00 $181.64 $33,329.13
31 $33,329.13 $1,022.54 $0.00 $188.45 $34,540.12
32 $34,540.12 $1,022.54 $0.00 $195.29 $35,757.95
33 $35,757.95 $1,022.54 $0.00 $202.18 $36,982.67
34 $36,982.67 $1,022.54 $0.00 $209.11 $38,214.32
35 $38,214.32 $1,022.54 $0.00 $216.07 $39,452.93
36 $39,452.93 $1,022.54 $0.00 $223.07 $40,698.54
37 $40,698.54 $1,022.54 $0.00 $230.12 $41,951.20
38 $41,951.20 $1,022.54 $0.00 $237.20 $43,210.94
39 $43,210.94 $1,022.54 $0.00 $244.32 $44,477.80
40 $44,477.80 $1,022.54 $0.00 $251.48 $45,751.82
41 $45,751.82 $1,022.54 $0.00 $258.69 $47,033.05
42 $47,033.05 $1,022.54 $0.00 $265.93 $48,321.52
43 $48,321.52 $1,022.54 $0.00 $273.22 $49,617.28
44 $49,617.28 $1,022.54 $0.00 $280.54 $50,920.36
45 $50,920.36 $1,022.54 $0.00 $287.91 $52,230.81
46 $52,230.81 $1,022.54 $0.00 $295.32 $53,548.67
47 $53,548.67 $1,022.54 $0.00 $302.77 $54,873.98
48 $54,873.98 $1,022.54 $0.00 $310.27 $56,206.79
49 $56,206.79 $1,022.54 $0.00 $317.80 $57,547.13
50 $57,547.13 $1,022.54 $0.00 $325.38 $58,895.05
51 $58,895.05 $1,022.54 $0.00 $333.00 $60,250.59
52 $60,250.59 $1,022.54 $0.00 $340.67 $61,613.80
53 $61,613.80 $1,022.54 $0.00 $348.37 $62,984.71
54 $62,984.71 $1,022.54 $0.00 $356.12 $64,363.37
55 $64,363.37 $1,022.54 $0.00 $363.92 $65,749.83
56 $65,749.83 $1,022.54 $0.00 $371.76 $67,144.13
57 $67,144.13 $1,022.54 $0.00 $379.64 $68,546.31
58 $68,546.31 $1,022.54 $0.00 $387.57 $69,956.42
59 $69,956.42 $1,022.54 $0.00 $395.54 $71,374.50
60 $71,374.50 $1,022.54 $0.00 $403.56 $72,800.60
61 $72,800.60 $1,022.54 $0.00 $411.63 $74,234.77
62 $74,234.77 $1,022.54 $0.00 $419.73 $75,677.04
63 $75,677.04 $1,022.54 $0.00 $427.89 $77,127.47
64 $77,127.47 $1,022.54 $0.00 $436.09 $78,586.10
65 $78,586.10 $1,022.54 $0.00 $444.34 $80,052.98
66 $80,052.98 $1,022.54 $0.00 $452.63 $81,528.15
67 $81,528.15 $1,022.54 $0.00 $460.97 $83,011.66
68 $83,011.66 $1,022.54 $0.00 $469.36 $84,503.56
69 $84,503.56 $1,022.54 $0.00 $477.80 $86,003.90
70 $86,003.90 $1,022.54 $0.00 $486.28 $87,512.72
71 $87,512.72 $1,022.54 $0.00 $494.81 $89,030.07
72 $89,030.07 $1,022.54 $0.00 $503.39 $90,556.00
73 $90,556.00 $1,022.54 $0.00 $512.02 $92,090.56
74 $92,090.56 $1,022.54 $0.00 $520.69 $93,633.79
75 $93,633.79 $1,022.54 $0.00 $529.42 $95,185.75
76 $95,185.75 $1,022.54 $0.00 $538.19 $96,746.48
77 $96,746.48 $1,022.54 $0.00 $547.02 $98,316.04
78 $98,316.04 $1,022.54 $0.00 $555.89 $99,894.47
79 $99,894.47 $1,022.54 $0.00 $564.82 $101,481.83
80 $101,481.83 $1,022.54 $0.00 $573.79 $103,078.16
81 $103,078.16 $1,022.54 $0.00 $582.82 $104,683.52
82 $104,683.52 $1,022.54 $0.00 $591.90 $106,297.96
83 $106,297.96 $1,022.54 $0.00 $601.02 $107,921.52
84 $107,921.52 $1,022.54 $0.00 $610.20 $109,554.26
85 $109,554.26 $1,022.54 $0.00 $619.44 $111,196.24
86 $111,196.24 $1,022.54 $0.00 $628.72 $112,847.50
87 $112,847.50 $1,022.54 $0.00 $638.06 $114,508.10
88 $114,508.10 $1,022.54 $0.00 $647.45 $116,178.09
89 $116,178.09 $1,022.54 $0.00 $656.89 $117,857.52
90 $117,857.52 $1,022.54 $0.00 $666.38 $119,546.44
91 $119,546.44 $1,022.54 $0.00 $675.93 $121,244.91
92 $121,244.91 $1,022.54 $0.00 $685.54 $122,952.99
93 $122,952.99 $1,022.54 $0.00 $695.19 $124,670.72
94 $124,670.72 $1,022.54 $0.00 $704.91 $126,398.17
95 $126,398.17 $1,022.54 $0.00 $714.67 $128,135.38
96 $128,135.38 $1,022.54 $0.00 $724.50 $129,882.42
97 $129,882.42 $1,022.54 $0.00 $734.37 $131,639.33
98 $131,639.33 $1,022.54 $0.00 $744.31 $133,406.18
99 $133,406.18 $1,022.54 $0.00 $754.30 $135,183.02
100 $135,183.02 $1,022.54 $0.00 $764.34 $136,969.90
101 $136,969.90 $1,022.54 $0.00 $774.45 $138,766.89
102 $138,766.89 $1,022.54 $0.00 $784.61 $140,574.04
103 $140,574.04 $1,022.54 $0.00 $794.83 $142,391.41
104 $142,391.41 $1,022.54 $0.00 $805.10 $144,219.05
105 $144,219.05 $1,022.54 $0.00 $815.44 $146,057.03
106 $146,057.03 $1,022.54 $0.00 $825.83 $147,905.40
107 $147,905.40 $1,022.54 $0.00 $836.28 $149,764.22
108 $149,764.22 $1,022.54 $0.00 $846.79 $151,633.55
109 $151,633.55 $1,022.54 $0.00 $857.36 $153,513.45
110 $153,513.45 $1,022.54 $0.00 $867.99 $155,403.98
111 $155,403.98 $1,022.54 $0.00 $878.68 $157,305.20
112 $157,305.20 $1,022.54 $0.00 $889.43 $159,217.17
113 $159,217.17 $1,022.54 $0.00 $900.24 $161,139.95
114 $161,139.95 $1,022.54 $0.00 $911.11 $163,073.60
115 $163,073.60 $1,022.54 $0.00 $922.04 $165,018.18
116 $165,018.18 $1,022.54 $0.00 $933.04 $166,973.76
117 $166,973.76 $1,022.54 $0.00 $944.09 $168,940.39
118 $168,940.39 $1,022.54 $0.00 $955.21 $170,918.14
119 $170,918.14 $1,022.54 $0.00 $966.40 $172,907.08
120 $172,907.08 $1,022.54 $0.00 $977.64 $174,907.26
121 $174,907.26 $1,022.54 $0.00 $988.95 $176,918.75
122 $176,918.75 $1,022.54 $0.00 $1,000.32 $178,941.61
123 $178,941.61 $1,022.54 $0.00 $1,011.76 $180,975.91
124 $180,975.91 $1,022.54 $0.00 $1,023.26 $183,021.71
125 $183,021.71 $1,022.54 $0.00 $1,034.83 $185,079.08
126 $185,079.08 $1,022.54 $0.00 $1,046.46 $187,148.08
127 $187,148.08 $1,022.54 $0.00 $1,058.16 $189,228.78
128 $189,228.78 $1,022.54 $0.00 $1,069.93 $191,321.25
129 $191,321.25 $1,022.54 $0.00 $1,081.76 $193,425.55
130 $193,425.55 $1,022.54 $0.00 $1,093.66 $195,541.75
131 $195,541.75 $1,022.54 $0.00 $1,105.62 $197,669.91
132 $197,669.91 $1,022.54 $0.00 $1,117.65 $199,810.10
133 $199,810.10 $1,022.54 $0.00 $1,129.76 $201,962.40
134 $201,962.40 $1,022.54 $0.00 $1,141.92 $204,126.86
135 $204,126.86 $1,022.54 $0.00 $1,154.16 $206,303.56
136 $206,303.56 $1,022.54 $0.00 $1,166.47 $208,492.57
137 $208,492.57 $1,022.54 $0.00 $1,178.85 $210,693.96
138 $210,693.96 $1,022.54 $0.00 $1,191.29 $212,907.79
139 $212,907.79 $1,022.54 $0.00 $1,203.81 $215,134.14
140 $215,134.14 $1,022.54 $0.00 $1,216.40 $217,373.08
141 $217,373.08 $1,022.54 $0.00 $1,229.06 $219,624.68
142 $219,624.68 $1,022.54 $0.00 $1,241.79 $221,889.01
143 $221,889.01 $1,022.54 $0.00 $1,254.59 $224,166.14
144 $224,166.14 $1,022.54 $0.00 $1,267.47 $226,456.15
145 $226,456.15 $1,022.54 $0.00 $1,280.42 $228,759.11
146 $228,759.11 $1,022.54 $0.00 $1,293.44 $231,075.09
147 $231,075.09 $1,022.54 $0.00 $1,306.53 $233,404.16
148 $233,404.16 $1,022.54 $0.00 $1,319.70 $235,746.40
149 $235,746.40 $1,022.54 $0.00 $1,332.94 $238,101.88
150 $238,101.88 $1,022.54 $0.00 $1,346.26 $240,470.68
151 $240,470.68 $1,022.54 $0.00 $1,359.66 $242,852.88
152 $242,852.88 $1,022.54 $0.00 $1,373.13 $245,248.55
153 $245,248.55 $1,022.54 $0.00 $1,386.67 $247,657.76
154 $247,657.76 $1,022.54 $0.00 $1,400.29 $250,080.59
155 $250,080.59 $1,022.54 $0.00 $1,413.99 $252,517.12
156 $252,517.12 $1,022.54 $0.00 $1,427.77 $254,967.43
157 $254,967.43 $1,022.54 $0.00 $1,441.62 $257,431.59
158 $257,431.59 $1,022.54 $0.00 $1,455.56 $259,909.69
159 $259,909.69 $1,022.54 $0.00 $1,469.57 $262,401.80
160 $262,401.80 $1,022.54 $0.00 $1,483.66 $264,908.00
161 $264,908.00 $1,022.54 $0.00 $1,497.83 $267,428.37
162 $267,428.37 $1,022.54 $0.00 $1,512.08 $269,962.99
163 $269,962.99 $1,022.54 $0.00 $1,526.41 $272,511.94
164 $272,511.94 $1,022.54 $0.00 $1,540.82 $275,075.30
165 $275,075.30 $1,022.54 $0.00 $1,555.32 $277,653.16
166 $277,653.16 $1,022.54 $0.00 $1,569.89 $280,245.59
167 $280,245.59 $1,022.54 $0.00 $1,584.55 $282,852.68
168 $282,852.68 $1,022.54 $0.00 $1,599.29 $285,474.51
169 $285,474.51 $1,022.54 $0.00 $1,614.11 $288,111.16
170 $288,111.16 $1,022.54 $0.00 $1,629.02 $290,762.72
171 $290,762.72 $1,022.54 $0.00 $1,644.01 $293,429.27
172 $293,429.27 $1,022.54 $0.00 $1,659.09 $296,110.90
173 $296,110.90 $1,022.54 $0.00 $1,674.25 $298,807.69
174 $298,807.69 $1,022.54 $0.00 $1,689.50 $301,519.73
175 $301,519.73 $1,022.54 $0.00 $1,704.84 $304,247.11
176 $304,247.11 $1,022.54 $0.00 $1,720.26 $306,989.91
177 $306,989.91 $1,022.54 $0.00 $1,735.77 $309,748.22
178 $309,748.22 $1,022.54 $0.00 $1,751.36 $312,522.12
179 $312,522.12 $1,022.54 $0.00 $1,767.05 $315,311.71
180 $315,311.71 $1,022.54 $0.00 $1,782.82 $318,117.07
181 $318,117.07 $1,022.54 $0.00 $1,798.68 $320,938.29
182 $320,938.29 $1,022.54 $0.00 $1,814.63 $323,775.46
183 $323,775.46 $1,022.54 $0.00 $1,830.67 $326,628.67
184 $326,628.67 $1,022.54 $0.00 $1,846.81 $329,498.02
185 $329,498.02 $1,022.54 $0.00 $1,863.03 $332,383.59
186 $332,383.59 $1,022.54 $0.00 $1,879.35 $335,285.48
187 $335,285.48 $1,022.54 $0.00 $1,895.75 $338,203.77
188 $338,203.77 $1,022.54 $0.00 $1,912.25 $341,138.56
189 $341,138.56 $1,022.54 $0.00 $1,928.85 $344,089.95
190 $344,089.95 $1,022.54 $0.00 $1,945.53 $347,058.02
191 $347,058.02 $1,022.54 $0.00 $1,962.32 $350,042.88
192 $350,042.88 $1,022.54 $0.00 $1,979.19 $353,044.61
193 $353,044.61 $1,022.54 $0.00 $1,996.17 $356,063.32
194 $356,063.32 $1,022.54 $0.00 $2,013.23 $359,099.09
195 $359,099.09 $1,022.54 $0.00 $2,030.40 $362,152.03
196 $362,152.03 $1,022.54 $0.00 $2,047.66 $365,222.23
197 $365,222.23 $1,022.54 $0.00 $2,065.02 $368,309.79
198 $368,309.79 $1,022.54 $0.00 $2,082.48 $371,414.81
199 $371,414.81 $1,022.54 $0.00 $2,100.03 $374,537.38
200 $374,537.38 $1,022.54 $0.00 $2,117.69 $377,677.61
201 $377,677.61 $1,022.54 $0.00 $2,135.44 $380,835.59
202 $380,835.59 $1,022.54 $0.00 $2,153.30 $384,011.43
203 $384,011.43 $1,022.54 $0.00 $2,171.26 $387,205.23
204 $387,205.23 $1,022.54 $0.00 $2,189.31 $390,417.08
205 $390,417.08 $1,022.54 $0.00 $2,207.47 $393,647.09
206 $393,647.09 $1,022.54 $0.00 $2,225.74 $396,895.37
207 $396,895.37 $1,022.54 $0.00 $2,244.10 $400,162.01
208 $400,162.01 $1,022.54 $0.00 $2,262.57 $403,447.12
209 $403,447.12 $1,022.54 $0.00 $2,281.15 $406,750.81
210 $406,750.81 $1,022.54 $0.00 $2,299.83 $410,073.18
211 $410,073.18 $1,022.54 $0.00 $2,318.61 $413,414.33
212 $413,414.33 $1,022.54 $0.00 $2,337.50 $416,774.37
213 $416,774.37 $1,022.54 $0.00 $2,356.50 $420,153.41
214 $420,153.41 $1,022.54 $0.00 $2,375.61 $423,551.56
215 $423,551.56 $1,022.54 $0.00 $2,394.82 $426,968.92
216 $426,968.92 $1,022.54 $0.00 $2,414.14 $430,405.60
217 $430,405.60 $1,022.54 $119,883.33 $2,433.58 $313,978.39
218 $313,978.39 $1,022.54 $0.00 $1,775.28 $316,776.21
219 $316,776.21 $1,022.54 $0.00 $1,791.10 $319,589.85
220 $319,589.85 $1,022.54 $0.00 $1,807.01 $322,419.40
221 $322,419.40 $1,022.54 $0.00 $1,823.01 $325,264.95
222 $325,264.95 $1,022.54 $0.00 $1,839.10 $328,126.59
223 $328,126.59 $1,022.54 $0.00 $1,855.28 $331,004.41
224 $331,004.41 $1,022.54 $0.00 $1,871.55 $333,898.50
225 $333,898.50 $1,022.54 $0.00 $1,887.91 $336,808.95
226 $336,808.95 $1,022.54 $0.00 $1,904.37 $339,735.86
227 $339,735.86 $1,022.54 $0.00 $1,920.92 $342,679.32
228 $342,679.32 $1,022.54 $0.00 $1,937.56 $345,639.42
229 $345,639.42 $1,022.54 $125,877.50 $1,954.30 $222,738.76
230 $222,738.76 $1,022.54 $0.00 $1,259.40 $225,020.70
231 $225,020.70 $1,022.54 $0.00 $1,272.30 $227,315.54
232 $227,315.54 $1,022.54 $0.00 $1,285.28 $229,623.36
233 $229,623.36 $1,022.54 $0.00 $1,298.32 $231,944.22
234 $231,944.22 $1,022.54 $0.00 $1,311.45 $234,278.21
235 $234,278.21 $1,022.54 $0.00 $1,324.64 $236,625.39
236 $236,625.39 $1,022.54 $0.00 $1,337.91 $238,985.84
237 $238,985.84 $1,022.54 $0.00 $1,351.26 $241,359.64
238 $241,359.64 $1,022.54 $0.00 $1,364.68 $243,746.86
239 $243,746.86 $1,022.54 $0.00 $1,378.18 $246,147.58
240 $246,147.58 $1,022.54 $0.00 $1,391.75 $248,561.87
241 $248,561.87 $1,022.54 $132,171.37 $1,405.40 $118,818.44
242 $118,818.44 $1,022.54 $0.00 $671.82 $120,512.80
243 $120,512.80 $1,022.54 $0.00 $681.40 $122,216.74
244 $122,216.74 $1,022.54 $0.00 $691.03 $123,930.31
245 $123,930.31 $1,022.54 $0.00 $700.72 $125,653.57
246 $125,653.57 $1,022.54 $0.00 $710.46 $127,386.57
247 $127,386.57 $1,022.54 $0.00 $720.26 $129,129.37
248 $129,129.37 $1,022.54 $0.00 $730.12 $130,882.03
249 $130,882.03 $1,022.54 $0.00 $740.03 $132,644.60
250 $132,644.60 $1,022.54 $0.00 $749.99 $134,417.13
251 $134,417.13 $1,022.54 $0.00 $760.01 $136,199.68
252 $136,199.68 $1,022.54 $0.00 $770.09 $137,992.31
253 $137,992.31 $0.00 $138,779.94 $780.23 ($7.40)