Savings Plan and Future Cost Estimation for Lamar State College Port Arthur

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$63,731
Monthly savings required$283

How much will it cost to send your child to Lamar State College Port Arthur in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $127,461.50 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $283.15 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$18,218.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Discover how much will you need to start saving now to afford Lamar State College Port Arthur in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $283.15 $0.00 $0.00 $283.15
2 $283.15 $283.15 $0.00 $1.60 $567.90
3 $567.90 $283.15 $0.00 $3.21 $854.26
4 $854.26 $283.15 $0.00 $4.83 $1,142.24
5 $1,142.24 $283.15 $0.00 $6.46 $1,431.85
6 $1,431.85 $283.15 $0.00 $8.10 $1,723.10
7 $1,723.10 $283.15 $0.00 $9.74 $2,015.99
8 $2,015.99 $283.15 $0.00 $11.40 $2,310.54
9 $2,310.54 $283.15 $0.00 $13.06 $2,606.75
10 $2,606.75 $283.15 $0.00 $14.74 $2,904.64
11 $2,904.64 $283.15 $0.00 $16.42 $3,204.21
12 $3,204.21 $283.15 $0.00 $18.12 $3,505.48
13 $3,505.48 $283.15 $0.00 $19.82 $3,808.45
14 $3,808.45 $283.15 $0.00 $21.53 $4,113.13
15 $4,113.13 $283.15 $0.00 $23.26 $4,419.54
16 $4,419.54 $283.15 $0.00 $24.99 $4,727.68
17 $4,727.68 $283.15 $0.00 $26.73 $5,037.56
18 $5,037.56 $283.15 $0.00 $28.48 $5,349.19
19 $5,349.19 $283.15 $0.00 $30.25 $5,662.59
20 $5,662.59 $283.15 $0.00 $32.02 $5,977.76
21 $5,977.76 $283.15 $0.00 $33.80 $6,294.71
22 $6,294.71 $283.15 $0.00 $35.59 $6,613.45
23 $6,613.45 $283.15 $0.00 $37.39 $6,933.99
24 $6,933.99 $283.15 $0.00 $39.21 $7,256.35
25 $7,256.35 $283.15 $0.00 $41.03 $7,580.53
26 $7,580.53 $283.15 $0.00 $42.86 $7,906.54
27 $7,906.54 $283.15 $0.00 $44.70 $8,234.39
28 $8,234.39 $283.15 $0.00 $46.56 $8,564.10
29 $8,564.10 $283.15 $0.00 $48.42 $8,895.67
30 $8,895.67 $283.15 $0.00 $50.30 $9,229.12
31 $9,229.12 $283.15 $0.00 $52.18 $9,564.45
32 $9,564.45 $283.15 $0.00 $54.08 $9,901.68
33 $9,901.68 $283.15 $0.00 $55.99 $10,240.82
34 $10,240.82 $283.15 $0.00 $57.90 $10,581.87
35 $10,581.87 $283.15 $0.00 $59.83 $10,924.85
36 $10,924.85 $283.15 $0.00 $61.77 $11,269.77
37 $11,269.77 $283.15 $0.00 $63.72 $11,616.64
38 $11,616.64 $283.15 $0.00 $65.68 $11,965.47
39 $11,965.47 $283.15 $0.00 $67.65 $12,316.27
40 $12,316.27 $283.15 $0.00 $69.64 $12,669.06
41 $12,669.06 $283.15 $0.00 $71.63 $13,023.84
42 $13,023.84 $283.15 $0.00 $73.64 $13,380.63
43 $13,380.63 $283.15 $0.00 $75.66 $13,739.44
44 $13,739.44 $283.15 $0.00 $77.68 $14,100.27
45 $14,100.27 $283.15 $0.00 $79.72 $14,463.14
46 $14,463.14 $283.15 $0.00 $81.78 $14,828.07
47 $14,828.07 $283.15 $0.00 $83.84 $15,195.06
48 $15,195.06 $283.15 $0.00 $85.92 $15,564.13
49 $15,564.13 $283.15 $0.00 $88.00 $15,935.28
50 $15,935.28 $283.15 $0.00 $90.10 $16,308.53
51 $16,308.53 $283.15 $0.00 $92.21 $16,683.89
52 $16,683.89 $283.15 $0.00 $94.33 $17,061.37
53 $17,061.37 $283.15 $0.00 $96.47 $17,440.99
54 $17,440.99 $283.15 $0.00 $98.61 $17,822.75
55 $17,822.75 $283.15 $0.00 $100.77 $18,206.67
56 $18,206.67 $283.15 $0.00 $102.94 $18,592.76
57 $18,592.76 $283.15 $0.00 $105.13 $18,981.04
58 $18,981.04 $283.15 $0.00 $107.32 $19,371.51
59 $19,371.51 $283.15 $0.00 $109.53 $19,764.19
60 $19,764.19 $283.15 $0.00 $111.75 $20,159.09
61 $20,159.09 $283.15 $0.00 $113.98 $20,556.22
62 $20,556.22 $283.15 $0.00 $116.23 $20,955.60
63 $20,955.60 $283.15 $0.00 $118.49 $21,357.24
64 $21,357.24 $283.15 $0.00 $120.76 $21,761.15
65 $21,761.15 $283.15 $0.00 $123.04 $22,167.34
66 $22,167.34 $283.15 $0.00 $125.34 $22,575.83
67 $22,575.83 $283.15 $0.00 $127.65 $22,986.63
68 $22,986.63 $283.15 $0.00 $129.97 $23,399.75
69 $23,399.75 $283.15 $0.00 $132.31 $23,815.21
70 $23,815.21 $283.15 $0.00 $134.65 $24,233.01
71 $24,233.01 $283.15 $0.00 $137.02 $24,653.18
72 $24,653.18 $283.15 $0.00 $139.39 $25,075.72
73 $25,075.72 $283.15 $0.00 $141.78 $25,500.65
74 $25,500.65 $283.15 $0.00 $144.18 $25,927.98
75 $25,927.98 $283.15 $0.00 $146.60 $26,357.73
76 $26,357.73 $283.15 $0.00 $149.03 $26,789.91
77 $26,789.91 $283.15 $0.00 $151.47 $27,224.53
78 $27,224.53 $283.15 $0.00 $153.93 $27,661.61
79 $27,661.61 $283.15 $0.00 $156.40 $28,101.16
80 $28,101.16 $283.15 $0.00 $158.89 $28,543.20
81 $28,543.20 $283.15 $0.00 $161.39 $28,987.74
82 $28,987.74 $283.15 $0.00 $163.90 $29,434.79
83 $29,434.79 $283.15 $0.00 $166.43 $29,884.37
84 $29,884.37 $283.15 $0.00 $168.97 $30,336.49
85 $30,336.49 $283.15 $0.00 $171.53 $30,791.17
86 $30,791.17 $283.15 $0.00 $174.10 $31,248.42
87 $31,248.42 $283.15 $0.00 $176.68 $31,708.25
88 $31,708.25 $283.15 $0.00 $179.28 $32,170.68
89 $32,170.68 $283.15 $0.00 $181.90 $32,635.73
90 $32,635.73 $283.15 $0.00 $184.53 $33,103.41
91 $33,103.41 $283.15 $0.00 $187.17 $33,573.73
92 $33,573.73 $283.15 $0.00 $189.83 $34,046.71
93 $34,046.71 $283.15 $0.00 $192.51 $34,522.37
94 $34,522.37 $283.15 $0.00 $195.19 $35,000.71
95 $35,000.71 $283.15 $0.00 $197.90 $35,481.76
96 $35,481.76 $283.15 $0.00 $200.62 $35,965.53
97 $35,965.53 $283.15 $0.00 $203.35 $36,452.03
98 $36,452.03 $283.15 $0.00 $206.11 $36,941.29
99 $36,941.29 $283.15 $0.00 $208.87 $37,433.31
100 $37,433.31 $283.15 $0.00 $211.65 $37,928.11
101 $37,928.11 $283.15 $0.00 $214.45 $38,425.71
102 $38,425.71 $283.15 $0.00 $217.26 $38,926.12
103 $38,926.12 $283.15 $0.00 $220.09 $39,429.36
104 $39,429.36 $283.15 $0.00 $222.94 $39,935.45
105 $39,935.45 $283.15 $0.00 $225.80 $40,444.40
106 $40,444.40 $283.15 $0.00 $228.68 $40,956.23
107 $40,956.23 $283.15 $0.00 $231.57 $41,470.95
108 $41,470.95 $283.15 $0.00 $234.48 $41,988.58
109 $41,988.58 $283.15 $0.00 $237.41 $42,509.14
110 $42,509.14 $283.15 $0.00 $240.35 $43,032.64
111 $43,032.64 $283.15 $0.00 $243.31 $43,559.10
112 $43,559.10 $283.15 $0.00 $246.29 $44,088.54
113 $44,088.54 $283.15 $0.00 $249.28 $44,620.97
114 $44,620.97 $283.15 $0.00 $252.29 $45,156.41
115 $45,156.41 $283.15 $0.00 $255.32 $45,694.88
116 $45,694.88 $283.15 $0.00 $258.37 $46,236.40
117 $46,236.40 $283.15 $0.00 $261.43 $46,780.98
118 $46,780.98 $283.15 $0.00 $264.51 $47,328.64
119 $47,328.64 $283.15 $0.00 $267.60 $47,879.39
120 $47,879.39 $283.15 $0.00 $270.72 $48,433.26
121 $48,433.26 $283.15 $0.00 $273.85 $48,990.26
122 $48,990.26 $283.15 $0.00 $277.00 $49,550.41
123 $49,550.41 $283.15 $0.00 $280.17 $50,113.73
124 $50,113.73 $283.15 $0.00 $283.35 $50,680.23
125 $50,680.23 $283.15 $0.00 $286.55 $51,249.93
126 $51,249.93 $283.15 $0.00 $289.77 $51,822.85
127 $51,822.85 $283.15 $0.00 $293.01 $52,399.01
128 $52,399.01 $283.15 $0.00 $296.27 $52,978.43
129 $52,978.43 $283.15 $0.00 $299.55 $53,561.13
130 $53,561.13 $283.15 $0.00 $302.84 $54,147.12
131 $54,147.12 $283.15 $0.00 $306.16 $54,736.43
132 $54,736.43 $283.15 $0.00 $309.49 $55,329.07
133 $55,329.07 $283.15 $0.00 $312.84 $55,925.06
134 $55,925.06 $283.15 $0.00 $316.21 $56,524.42
135 $56,524.42 $283.15 $0.00 $319.60 $57,127.17
136 $57,127.17 $283.15 $0.00 $323.01 $57,733.33
137 $57,733.33 $283.15 $0.00 $326.43 $58,342.91
138 $58,342.91 $283.15 $0.00 $329.88 $58,955.94
139 $58,955.94 $283.15 $0.00 $333.35 $59,572.44
140 $59,572.44 $283.15 $0.00 $336.83 $60,192.42
141 $60,192.42 $283.15 $0.00 $340.34 $60,815.91
142 $60,815.91 $283.15 $0.00 $343.86 $61,442.92
143 $61,442.92 $283.15 $0.00 $347.41 $62,073.48
144 $62,073.48 $283.15 $0.00 $350.97 $62,707.60
145 $62,707.60 $283.15 $0.00 $354.56 $63,345.31
146 $63,345.31 $283.15 $0.00 $358.16 $63,986.62
147 $63,986.62 $283.15 $0.00 $361.79 $64,631.56
148 $64,631.56 $283.15 $0.00 $365.44 $65,280.15
149 $65,280.15 $283.15 $0.00 $369.10 $65,932.40
150 $65,932.40 $283.15 $0.00 $372.79 $66,588.34
151 $66,588.34 $283.15 $0.00 $376.50 $67,247.99
152 $67,247.99 $283.15 $0.00 $380.23 $67,911.37
153 $67,911.37 $283.15 $0.00 $383.98 $68,578.50
154 $68,578.50 $283.15 $0.00 $387.75 $69,249.40
155 $69,249.40 $283.15 $0.00 $391.55 $69,924.10
156 $69,924.10 $283.15 $0.00 $395.36 $70,602.61
157 $70,602.61 $283.15 $0.00 $399.20 $71,284.96
158 $71,284.96 $283.15 $0.00 $403.06 $71,971.17
159 $71,971.17 $283.15 $0.00 $406.94 $72,661.26
160 $72,661.26 $283.15 $0.00 $410.84 $73,355.25
161 $73,355.25 $283.15 $0.00 $414.76 $74,053.16
162 $74,053.16 $283.15 $0.00 $418.71 $74,755.02
163 $74,755.02 $283.15 $0.00 $422.68 $75,460.85
164 $75,460.85 $283.15 $0.00 $426.67 $76,170.67
165 $76,170.67 $283.15 $0.00 $430.68 $76,884.50
166 $76,884.50 $283.15 $0.00 $434.72 $77,602.37
167 $77,602.37 $283.15 $0.00 $438.78 $78,324.30
168 $78,324.30 $283.15 $0.00 $442.86 $79,050.31
169 $79,050.31 $283.15 $0.00 $446.96 $79,780.42
170 $79,780.42 $283.15 $0.00 $451.09 $80,514.66
171 $80,514.66 $283.15 $0.00 $455.24 $81,253.05
172 $81,253.05 $283.15 $0.00 $459.42 $81,995.62
173 $81,995.62 $283.15 $0.00 $463.62 $82,742.39
174 $82,742.39 $283.15 $0.00 $467.84 $83,493.38
175 $83,493.38 $283.15 $0.00 $472.08 $84,248.61
176 $84,248.61 $283.15 $0.00 $476.35 $85,008.11
177 $85,008.11 $283.15 $0.00 $480.65 $85,771.91
178 $85,771.91 $283.15 $0.00 $484.97 $86,540.03
179 $86,540.03 $283.15 $0.00 $489.31 $87,312.49
180 $87,312.49 $283.15 $0.00 $493.68 $88,089.32
181 $88,089.32 $283.15 $0.00 $498.07 $88,870.54
182 $88,870.54 $283.15 $0.00 $502.49 $89,656.18
183 $89,656.18 $283.15 $0.00 $506.93 $90,446.26
184 $90,446.26 $283.15 $0.00 $511.40 $91,240.81
185 $91,240.81 $283.15 $0.00 $515.89 $92,039.85
186 $92,039.85 $283.15 $0.00 $520.41 $92,843.41
187 $92,843.41 $283.15 $0.00 $524.95 $93,651.51
188 $93,651.51 $283.15 $0.00 $529.52 $94,464.18
189 $94,464.18 $283.15 $0.00 $534.11 $95,281.44
190 $95,281.44 $283.15 $0.00 $538.74 $96,103.33
191 $96,103.33 $283.15 $0.00 $543.38 $96,929.86
192 $96,929.86 $283.15 $0.00 $548.06 $97,761.07
193 $97,761.07 $283.15 $0.00 $552.76 $98,596.98
194 $98,596.98 $283.15 $0.00 $557.48 $99,437.61
195 $99,437.61 $283.15 $0.00 $562.23 $100,282.99
196 $100,282.99 $283.15 $0.00 $567.01 $101,133.15
197 $101,133.15 $283.15 $0.00 $571.82 $101,988.12
198 $101,988.12 $283.15 $0.00 $576.66 $102,847.93
199 $102,847.93 $283.15 $0.00 $581.52 $103,712.60
200 $103,712.60 $283.15 $0.00 $586.41 $104,582.16
201 $104,582.16 $283.15 $0.00 $591.32 $105,456.63
202 $105,456.63 $283.15 $0.00 $596.27 $106,336.05
203 $106,336.05 $283.15 $0.00 $601.24 $107,220.44
204 $107,220.44 $283.15 $0.00 $606.24 $108,109.83
205 $108,109.83 $283.15 $0.00 $611.27 $109,004.25
206 $109,004.25 $283.15 $0.00 $616.33 $109,903.73
207 $109,903.73 $283.15 $0.00 $621.41 $110,808.29
208 $110,808.29 $283.15 $0.00 $626.53 $111,717.97
209 $111,717.97 $283.15 $0.00 $631.67 $112,632.79
210 $112,632.79 $283.15 $0.00 $636.84 $113,552.78
211 $113,552.78 $283.15 $0.00 $642.04 $114,477.97
212 $114,477.97 $283.15 $0.00 $647.28 $115,408.40
213 $115,408.40 $283.15 $0.00 $652.54 $116,344.09
214 $116,344.09 $283.15 $0.00 $657.83 $117,285.07
215 $117,285.07 $283.15 $0.00 $663.15 $118,231.37
216 $118,231.37 $283.15 $0.00 $668.50 $119,183.02
217 $119,183.02 $283.15 $61,575.61 $673.88 $58,564.44
218 $58,564.44 $283.15 $0.00 $331.13 $59,178.72
219 $59,178.72 $283.15 $0.00 $334.61 $59,796.48
220 $59,796.48 $283.15 $0.00 $338.10 $60,417.73
221 $60,417.73 $283.15 $0.00 $341.61 $61,042.49
222 $61,042.49 $283.15 $0.00 $345.14 $61,670.78
223 $61,670.78 $283.15 $0.00 $348.70 $62,302.63
224 $62,302.63 $283.15 $0.00 $352.27 $62,938.05
225 $62,938.05 $283.15 $0.00 $355.86 $63,577.06
226 $63,577.06 $283.15 $0.00 $359.47 $64,219.68
227 $64,219.68 $283.15 $0.00 $363.11 $64,865.94
228 $64,865.94 $283.15 $0.00 $366.76 $65,515.85
229 $65,515.85 $0.00 $65,885.90 $370.44 $0.39