How much will it cost and what do you need to save?
Estimated Annual Cost in 2039 | $59,644 |
Monthly savings required | $472 |
How much will it cost to send your child to Lamar University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $238,575.08 for students enrolling in 2039 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $472.12 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 | $23,000.00 |
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 Lamar University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $472.12 | $0.00 | $0.00 | $472.12 |
2 | $472.12 | $472.12 | $0.00 | $2.67 | $946.91 |
3 | $946.91 | $472.12 | $0.00 | $5.35 | $1,424.38 |
4 | $1,424.38 | $472.12 | $0.00 | $8.05 | $1,904.55 |
5 | $1,904.55 | $472.12 | $0.00 | $10.77 | $2,387.44 |
6 | $2,387.44 | $472.12 | $0.00 | $13.50 | $2,873.06 |
7 | $2,873.06 | $472.12 | $0.00 | $16.24 | $3,361.42 |
8 | $3,361.42 | $472.12 | $0.00 | $19.01 | $3,852.55 |
9 | $3,852.55 | $472.12 | $0.00 | $21.78 | $4,346.45 |
10 | $4,346.45 | $472.12 | $0.00 | $24.58 | $4,843.15 |
11 | $4,843.15 | $472.12 | $0.00 | $27.38 | $5,342.65 |
12 | $5,342.65 | $472.12 | $0.00 | $30.21 | $5,844.98 |
13 | $5,844.98 | $472.12 | $0.00 | $33.05 | $6,350.15 |
14 | $6,350.15 | $472.12 | $0.00 | $35.90 | $6,858.17 |
15 | $6,858.17 | $472.12 | $0.00 | $38.78 | $7,369.07 |
16 | $7,369.07 | $472.12 | $0.00 | $41.67 | $7,882.86 |
17 | $7,882.86 | $472.12 | $0.00 | $44.57 | $8,399.55 |
18 | $8,399.55 | $472.12 | $0.00 | $47.49 | $8,919.16 |
19 | $8,919.16 | $472.12 | $0.00 | $50.43 | $9,441.71 |
20 | $9,441.71 | $472.12 | $0.00 | $53.38 | $9,967.21 |
21 | $9,967.21 | $472.12 | $0.00 | $56.36 | $10,495.69 |
22 | $10,495.69 | $472.12 | $0.00 | $59.34 | $11,027.15 |
23 | $11,027.15 | $472.12 | $0.00 | $62.35 | $11,561.62 |
24 | $11,561.62 | $472.12 | $0.00 | $65.37 | $12,099.11 |
25 | $12,099.11 | $472.12 | $0.00 | $68.41 | $12,639.64 |
26 | $12,639.64 | $472.12 | $0.00 | $71.47 | $13,183.23 |
27 | $13,183.23 | $472.12 | $0.00 | $74.54 | $13,729.89 |
28 | $13,729.89 | $472.12 | $0.00 | $77.63 | $14,279.64 |
29 | $14,279.64 | $472.12 | $0.00 | $80.74 | $14,832.50 |
30 | $14,832.50 | $472.12 | $0.00 | $83.87 | $15,388.49 |
31 | $15,388.49 | $472.12 | $0.00 | $87.01 | $15,947.62 |
32 | $15,947.62 | $472.12 | $0.00 | $90.17 | $16,509.91 |
33 | $16,509.91 | $472.12 | $0.00 | $93.35 | $17,075.38 |
34 | $17,075.38 | $472.12 | $0.00 | $96.55 | $17,644.05 |
35 | $17,644.05 | $472.12 | $0.00 | $99.76 | $18,215.93 |
36 | $18,215.93 | $472.12 | $0.00 | $103.00 | $18,791.05 |
37 | $18,791.05 | $472.12 | $0.00 | $106.25 | $19,369.42 |
38 | $19,369.42 | $472.12 | $0.00 | $109.52 | $19,951.06 |
39 | $19,951.06 | $472.12 | $0.00 | $112.81 | $20,535.99 |
40 | $20,535.99 | $472.12 | $0.00 | $116.11 | $21,124.22 |
41 | $21,124.22 | $472.12 | $0.00 | $119.44 | $21,715.78 |
42 | $21,715.78 | $472.12 | $0.00 | $122.78 | $22,310.68 |
43 | $22,310.68 | $472.12 | $0.00 | $126.15 | $22,908.95 |
44 | $22,908.95 | $472.12 | $0.00 | $129.53 | $23,510.60 |
45 | $23,510.60 | $472.12 | $0.00 | $132.93 | $24,115.65 |
46 | $24,115.65 | $472.12 | $0.00 | $136.35 | $24,724.12 |
47 | $24,724.12 | $472.12 | $0.00 | $139.79 | $25,336.03 |
48 | $25,336.03 | $472.12 | $0.00 | $143.25 | $25,951.40 |
49 | $25,951.40 | $472.12 | $0.00 | $146.73 | $26,570.25 |
50 | $26,570.25 | $472.12 | $0.00 | $150.23 | $27,192.60 |
51 | $27,192.60 | $472.12 | $0.00 | $153.75 | $27,818.47 |
52 | $27,818.47 | $472.12 | $0.00 | $157.29 | $28,447.88 |
53 | $28,447.88 | $472.12 | $0.00 | $160.85 | $29,080.85 |
54 | $29,080.85 | $472.12 | $0.00 | $164.43 | $29,717.40 |
55 | $29,717.40 | $472.12 | $0.00 | $168.03 | $30,357.55 |
56 | $30,357.55 | $472.12 | $0.00 | $171.65 | $31,001.32 |
57 | $31,001.32 | $472.12 | $0.00 | $175.29 | $31,648.73 |
58 | $31,648.73 | $472.12 | $0.00 | $178.95 | $32,299.80 |
59 | $32,299.80 | $472.12 | $0.00 | $182.63 | $32,954.55 |
60 | $32,954.55 | $472.12 | $0.00 | $186.33 | $33,613.00 |
61 | $33,613.00 | $472.12 | $0.00 | $190.05 | $34,275.17 |
62 | $34,275.17 | $472.12 | $0.00 | $193.80 | $34,941.09 |
63 | $34,941.09 | $472.12 | $0.00 | $197.56 | $35,610.77 |
64 | $35,610.77 | $472.12 | $0.00 | $201.35 | $36,284.24 |
65 | $36,284.24 | $472.12 | $0.00 | $205.16 | $36,961.52 |
66 | $36,961.52 | $472.12 | $0.00 | $208.99 | $37,642.63 |
67 | $37,642.63 | $472.12 | $0.00 | $212.84 | $38,327.59 |
68 | $38,327.59 | $472.12 | $0.00 | $216.71 | $39,016.42 |
69 | $39,016.42 | $472.12 | $0.00 | $220.60 | $39,709.14 |
70 | $39,709.14 | $472.12 | $0.00 | $224.52 | $40,405.78 |
71 | $40,405.78 | $472.12 | $0.00 | $228.46 | $41,106.36 |
72 | $41,106.36 | $472.12 | $0.00 | $232.42 | $41,810.90 |
73 | $41,810.90 | $472.12 | $0.00 | $236.40 | $42,519.42 |
74 | $42,519.42 | $472.12 | $0.00 | $240.41 | $43,231.95 |
75 | $43,231.95 | $472.12 | $0.00 | $244.44 | $43,948.51 |
76 | $43,948.51 | $472.12 | $0.00 | $248.49 | $44,669.12 |
77 | $44,669.12 | $472.12 | $0.00 | $252.57 | $45,393.81 |
78 | $45,393.81 | $472.12 | $0.00 | $256.66 | $46,122.59 |
79 | $46,122.59 | $472.12 | $0.00 | $260.78 | $46,855.49 |
80 | $46,855.49 | $472.12 | $0.00 | $264.93 | $47,592.54 |
81 | $47,592.54 | $472.12 | $0.00 | $269.10 | $48,333.76 |
82 | $48,333.76 | $472.12 | $0.00 | $273.29 | $49,079.17 |
83 | $49,079.17 | $472.12 | $0.00 | $277.50 | $49,828.79 |
84 | $49,828.79 | $472.12 | $0.00 | $281.74 | $50,582.65 |
85 | $50,582.65 | $472.12 | $0.00 | $286.00 | $51,340.77 |
86 | $51,340.77 | $472.12 | $0.00 | $290.29 | $52,103.18 |
87 | $52,103.18 | $472.12 | $0.00 | $294.60 | $52,869.90 |
88 | $52,869.90 | $472.12 | $0.00 | $298.93 | $53,640.95 |
89 | $53,640.95 | $472.12 | $0.00 | $303.29 | $54,416.36 |
90 | $54,416.36 | $472.12 | $0.00 | $307.68 | $55,196.16 |
91 | $55,196.16 | $472.12 | $0.00 | $312.09 | $55,980.37 |
92 | $55,980.37 | $472.12 | $0.00 | $316.52 | $56,769.01 |
93 | $56,769.01 | $472.12 | $0.00 | $320.98 | $57,562.11 |
94 | $57,562.11 | $472.12 | $0.00 | $325.46 | $58,359.69 |
95 | $58,359.69 | $472.12 | $0.00 | $329.97 | $59,161.78 |
96 | $59,161.78 | $472.12 | $0.00 | $334.51 | $59,968.41 |
97 | $59,968.41 | $472.12 | $0.00 | $339.07 | $60,779.60 |
98 | $60,779.60 | $472.12 | $0.00 | $343.66 | $61,595.38 |
99 | $61,595.38 | $472.12 | $0.00 | $348.27 | $62,415.77 |
100 | $62,415.77 | $472.12 | $0.00 | $352.91 | $63,240.80 |
101 | $63,240.80 | $472.12 | $0.00 | $357.57 | $64,070.49 |
102 | $64,070.49 | $472.12 | $0.00 | $362.26 | $64,904.87 |
103 | $64,904.87 | $472.12 | $0.00 | $366.98 | $65,743.97 |
104 | $65,743.97 | $472.12 | $0.00 | $371.73 | $66,587.82 |
105 | $66,587.82 | $472.12 | $0.00 | $376.50 | $67,436.44 |
106 | $67,436.44 | $472.12 | $0.00 | $381.30 | $68,289.86 |
107 | $68,289.86 | $472.12 | $0.00 | $386.12 | $69,148.10 |
108 | $69,148.10 | $472.12 | $0.00 | $390.97 | $70,011.19 |
109 | $70,011.19 | $472.12 | $0.00 | $395.85 | $70,879.16 |
110 | $70,879.16 | $472.12 | $0.00 | $400.76 | $71,752.04 |
111 | $71,752.04 | $472.12 | $0.00 | $405.70 | $72,629.86 |
112 | $72,629.86 | $472.12 | $0.00 | $410.66 | $73,512.64 |
113 | $73,512.64 | $472.12 | $0.00 | $415.65 | $74,400.41 |
114 | $74,400.41 | $472.12 | $0.00 | $420.67 | $75,293.20 |
115 | $75,293.20 | $472.12 | $0.00 | $425.72 | $76,191.04 |
116 | $76,191.04 | $472.12 | $0.00 | $430.80 | $77,093.96 |
117 | $77,093.96 | $472.12 | $0.00 | $435.90 | $78,001.98 |
118 | $78,001.98 | $472.12 | $0.00 | $441.03 | $78,915.13 |
119 | $78,915.13 | $472.12 | $0.00 | $446.20 | $79,833.45 |
120 | $79,833.45 | $472.12 | $0.00 | $451.39 | $80,756.96 |
121 | $80,756.96 | $472.12 | $0.00 | $456.61 | $81,685.69 |
122 | $81,685.69 | $472.12 | $0.00 | $461.86 | $82,619.67 |
123 | $82,619.67 | $472.12 | $0.00 | $467.14 | $83,558.93 |
124 | $83,558.93 | $472.12 | $0.00 | $472.45 | $84,503.50 |
125 | $84,503.50 | $472.12 | $0.00 | $477.80 | $85,453.42 |
126 | $85,453.42 | $472.12 | $0.00 | $483.17 | $86,408.71 |
127 | $86,408.71 | $472.12 | $0.00 | $488.57 | $87,369.40 |
128 | $87,369.40 | $472.12 | $0.00 | $494.00 | $88,335.52 |
129 | $88,335.52 | $472.12 | $0.00 | $499.46 | $89,307.10 |
130 | $89,307.10 | $472.12 | $0.00 | $504.96 | $90,284.18 |
131 | $90,284.18 | $472.12 | $0.00 | $510.48 | $91,266.78 |
132 | $91,266.78 | $472.12 | $0.00 | $516.04 | $92,254.94 |
133 | $92,254.94 | $472.12 | $0.00 | $521.62 | $93,248.68 |
134 | $93,248.68 | $472.12 | $0.00 | $527.24 | $94,248.04 |
135 | $94,248.04 | $472.12 | $0.00 | $532.89 | $95,253.05 |
136 | $95,253.05 | $472.12 | $0.00 | $538.57 | $96,263.74 |
137 | $96,263.74 | $472.12 | $0.00 | $544.29 | $97,280.15 |
138 | $97,280.15 | $472.12 | $0.00 | $550.04 | $98,302.31 |
139 | $98,302.31 | $472.12 | $0.00 | $555.82 | $99,330.25 |
140 | $99,330.25 | $472.12 | $0.00 | $561.63 | $100,364.00 |
141 | $100,364.00 | $472.12 | $0.00 | $567.47 | $101,403.59 |
142 | $101,403.59 | $472.12 | $0.00 | $573.35 | $102,449.06 |
143 | $102,449.06 | $472.12 | $0.00 | $579.26 | $103,500.44 |
144 | $103,500.44 | $472.12 | $0.00 | $585.21 | $104,557.77 |
145 | $104,557.77 | $472.12 | $0.00 | $591.18 | $105,621.07 |
146 | $105,621.07 | $472.12 | $0.00 | $597.20 | $106,690.39 |
147 | $106,690.39 | $472.12 | $0.00 | $603.24 | $107,765.75 |
148 | $107,765.75 | $472.12 | $0.00 | $609.32 | $108,847.19 |
149 | $108,847.19 | $472.12 | $0.00 | $615.44 | $109,934.75 |
150 | $109,934.75 | $472.12 | $0.00 | $621.59 | $111,028.46 |
151 | $111,028.46 | $472.12 | $0.00 | $627.77 | $112,128.35 |
152 | $112,128.35 | $472.12 | $0.00 | $633.99 | $113,234.46 |
153 | $113,234.46 | $472.12 | $0.00 | $640.24 | $114,346.82 |
154 | $114,346.82 | $472.12 | $0.00 | $646.53 | $115,465.47 |
155 | $115,465.47 | $472.12 | $0.00 | $652.86 | $116,590.45 |
156 | $116,590.45 | $472.12 | $0.00 | $659.22 | $117,721.79 |
157 | $117,721.79 | $472.12 | $0.00 | $665.62 | $118,859.53 |
158 | $118,859.53 | $472.12 | $0.00 | $672.05 | $120,003.70 |
159 | $120,003.70 | $472.12 | $0.00 | $678.52 | $121,154.34 |
160 | $121,154.34 | $472.12 | $0.00 | $685.02 | $122,311.48 |
161 | $122,311.48 | $472.12 | $0.00 | $691.57 | $123,475.17 |
162 | $123,475.17 | $472.12 | $0.00 | $698.15 | $124,645.44 |
163 | $124,645.44 | $472.12 | $0.00 | $704.76 | $125,822.32 |
164 | $125,822.32 | $472.12 | $0.00 | $711.42 | $127,005.86 |
165 | $127,005.86 | $472.12 | $0.00 | $718.11 | $128,196.09 |
166 | $128,196.09 | $472.12 | $0.00 | $724.84 | $129,393.05 |
167 | $129,393.05 | $472.12 | $0.00 | $731.61 | $130,596.78 |
168 | $130,596.78 | $472.12 | $0.00 | $738.41 | $131,807.31 |
169 | $131,807.31 | $472.12 | $0.00 | $745.26 | $133,024.69 |
170 | $133,024.69 | $472.12 | $0.00 | $752.14 | $134,248.95 |
171 | $134,248.95 | $472.12 | $0.00 | $759.06 | $135,480.13 |
172 | $135,480.13 | $472.12 | $0.00 | $766.02 | $136,718.27 |
173 | $136,718.27 | $472.12 | $0.00 | $773.02 | $137,963.41 |
174 | $137,963.41 | $472.12 | $0.00 | $780.07 | $139,215.60 |
175 | $139,215.60 | $472.12 | $0.00 | $787.15 | $140,474.87 |
176 | $140,474.87 | $472.12 | $0.00 | $794.27 | $141,741.26 |
177 | $141,741.26 | $472.12 | $0.00 | $801.43 | $143,014.81 |
178 | $143,014.81 | $472.12 | $0.00 | $808.63 | $144,295.56 |
179 | $144,295.56 | $472.12 | $0.00 | $815.87 | $145,583.55 |
180 | $145,583.55 | $472.12 | $0.00 | $823.15 | $146,878.82 |
181 | $146,878.82 | $472.12 | $0.00 | $830.47 | $148,181.41 |
182 | $148,181.41 | $472.12 | $0.00 | $837.84 | $149,491.37 |
183 | $149,491.37 | $472.12 | $0.00 | $845.25 | $150,808.74 |
184 | $150,808.74 | $472.12 | $0.00 | $852.69 | $152,133.55 |
185 | $152,133.55 | $472.12 | $0.00 | $860.19 | $153,465.86 |
186 | $153,465.86 | $472.12 | $0.00 | $867.72 | $154,805.70 |
187 | $154,805.70 | $472.12 | $0.00 | $875.29 | $156,153.11 |
188 | $156,153.11 | $472.12 | $0.00 | $882.91 | $157,508.14 |
189 | $157,508.14 | $472.12 | $0.00 | $890.57 | $158,870.83 |
190 | $158,870.83 | $472.12 | $0.00 | $898.28 | $160,241.23 |
191 | $160,241.23 | $472.12 | $0.00 | $906.03 | $161,619.38 |
192 | $161,619.38 | $472.12 | $0.00 | $913.82 | $163,005.32 |
193 | $163,005.32 | $472.12 | $0.00 | $921.66 | $164,399.10 |
194 | $164,399.10 | $472.12 | $0.00 | $929.54 | $165,800.76 |
195 | $165,800.76 | $472.12 | $0.00 | $937.46 | $167,210.34 |
196 | $167,210.34 | $472.12 | $0.00 | $945.43 | $168,627.89 |
197 | $168,627.89 | $472.12 | $0.00 | $953.45 | $170,053.46 |
198 | $170,053.46 | $472.12 | $0.00 | $961.51 | $171,487.09 |
199 | $171,487.09 | $472.12 | $0.00 | $969.61 | $172,928.82 |
200 | $172,928.82 | $472.12 | $0.00 | $977.76 | $174,378.70 |
201 | $174,378.70 | $472.12 | $0.00 | $985.96 | $175,836.78 |
202 | $175,836.78 | $472.12 | $0.00 | $994.21 | $177,303.11 |
203 | $177,303.11 | $472.12 | $0.00 | $1,002.50 | $178,777.73 |
204 | $178,777.73 | $472.12 | $0.00 | $1,010.84 | $180,260.69 |
205 | $180,260.69 | $472.12 | $0.00 | $1,019.22 | $181,752.03 |
206 | $181,752.03 | $472.12 | $0.00 | $1,027.65 | $183,251.80 |
207 | $183,251.80 | $472.12 | $0.00 | $1,036.13 | $184,760.05 |
208 | $184,760.05 | $472.12 | $0.00 | $1,044.66 | $186,276.83 |
209 | $186,276.83 | $472.12 | $0.00 | $1,053.24 | $187,802.19 |
210 | $187,802.19 | $472.12 | $0.00 | $1,061.86 | $189,336.17 |
211 | $189,336.17 | $472.12 | $0.00 | $1,070.53 | $190,878.82 |
212 | $190,878.82 | $472.12 | $0.00 | $1,079.26 | $192,430.20 |
213 | $192,430.20 | $472.12 | $0.00 | $1,088.03 | $193,990.35 |
214 | $193,990.35 | $472.12 | $0.00 | $1,096.85 | $195,559.32 |
215 | $195,559.32 | $472.12 | $0.00 | $1,105.72 | $197,137.16 |
216 | $197,137.16 | $472.12 | $0.00 | $1,114.64 | $198,723.92 |
217 | $198,723.92 | $472.12 | $55,352.24 | $1,123.61 | $144,967.41 |
218 | $144,967.41 | $472.12 | $0.00 | $819.67 | $146,259.20 |
219 | $146,259.20 | $472.12 | $0.00 | $826.97 | $147,558.29 |
220 | $147,558.29 | $472.12 | $0.00 | $834.32 | $148,864.73 |
221 | $148,864.73 | $472.12 | $0.00 | $841.70 | $150,178.55 |
222 | $150,178.55 | $472.12 | $0.00 | $849.13 | $151,499.80 |
223 | $151,499.80 | $472.12 | $0.00 | $856.60 | $152,828.52 |
224 | $152,828.52 | $472.12 | $0.00 | $864.11 | $154,164.75 |
225 | $154,164.75 | $472.12 | $0.00 | $871.67 | $155,508.54 |
226 | $155,508.54 | $472.12 | $0.00 | $879.27 | $156,859.93 |
227 | $156,859.93 | $472.12 | $0.00 | $886.91 | $158,218.96 |
228 | $158,218.96 | $472.12 | $0.00 | $894.59 | $159,585.67 |
229 | $159,585.67 | $472.12 | $58,119.85 | $902.32 | $102,840.26 |
230 | $102,840.26 | $472.12 | $0.00 | $581.47 | $103,893.85 |
231 | $103,893.85 | $472.12 | $0.00 | $587.43 | $104,953.40 |
232 | $104,953.40 | $472.12 | $0.00 | $593.42 | $106,018.94 |
233 | $106,018.94 | $472.12 | $0.00 | $599.45 | $107,090.51 |
234 | $107,090.51 | $472.12 | $0.00 | $605.51 | $108,168.14 |
235 | $108,168.14 | $472.12 | $0.00 | $611.60 | $109,251.86 |
236 | $109,251.86 | $472.12 | $0.00 | $617.73 | $110,341.71 |
237 | $110,341.71 | $472.12 | $0.00 | $623.89 | $111,437.72 |
238 | $111,437.72 | $472.12 | $0.00 | $630.09 | $112,539.93 |
239 | $112,539.93 | $472.12 | $0.00 | $636.32 | $113,648.37 |
240 | $113,648.37 | $472.12 | $0.00 | $642.58 | $114,763.07 |
241 | $114,763.07 | $472.12 | $61,025.85 | $648.89 | $54,858.23 |
242 | $54,858.23 | $472.12 | $0.00 | $310.18 | $55,640.53 |
243 | $55,640.53 | $472.12 | $0.00 | $314.60 | $56,427.25 |
244 | $56,427.25 | $472.12 | $0.00 | $319.05 | $57,218.42 |
245 | $57,218.42 | $472.12 | $0.00 | $323.52 | $58,014.06 |
246 | $58,014.06 | $472.12 | $0.00 | $328.02 | $58,814.20 |
247 | $58,814.20 | $472.12 | $0.00 | $332.54 | $59,618.86 |
248 | $59,618.86 | $472.12 | $0.00 | $337.09 | $60,428.07 |
249 | $60,428.07 | $472.12 | $0.00 | $341.67 | $61,241.86 |
250 | $61,241.86 | $472.12 | $0.00 | $346.27 | $62,060.25 |
251 | $62,060.25 | $472.12 | $0.00 | $350.90 | $62,883.27 |
252 | $62,883.27 | $472.12 | $0.00 | $355.55 | $63,710.94 |
253 | $63,710.94 | $0.00 | $64,077.14 | $360.23 | ($5.97) |