Savings Plan and Future Cost Estimation for Lamar University

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

Savings Plan and Future Cost Estimation

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.

Assumptions

Current Annual Cost$23,000.00
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 $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)