Savings Plan and Future Cost Estimation for Eagle Gate College Salt Lake City

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$78,463
Monthly savings required$349

How much will it cost to send your child to Eagle Gate College Salt Lake City in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $156,926.98 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $348.71 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$31,808.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $348.71 $0.00 $0.00 $348.71
2 $348.71 $348.71 $0.00 $1.97 $699.39
3 $699.39 $348.71 $0.00 $3.95 $1,052.05
4 $1,052.05 $348.71 $0.00 $5.95 $1,406.71
5 $1,406.71 $348.71 $0.00 $7.95 $1,763.37
6 $1,763.37 $348.71 $0.00 $9.97 $2,122.05
7 $2,122.05 $348.71 $0.00 $12.00 $2,482.76
8 $2,482.76 $348.71 $0.00 $14.04 $2,845.51
9 $2,845.51 $348.71 $0.00 $16.09 $3,210.31
10 $3,210.31 $348.71 $0.00 $18.15 $3,577.17
11 $3,577.17 $348.71 $0.00 $20.23 $3,946.11
12 $3,946.11 $348.71 $0.00 $22.31 $4,317.13
13 $4,317.13 $348.71 $0.00 $24.41 $4,690.25
14 $4,690.25 $348.71 $0.00 $26.52 $5,065.48
15 $5,065.48 $348.71 $0.00 $28.64 $5,442.83
16 $5,442.83 $348.71 $0.00 $30.77 $5,822.31
17 $5,822.31 $348.71 $0.00 $32.92 $6,203.94
18 $6,203.94 $348.71 $0.00 $35.08 $6,587.73
19 $6,587.73 $348.71 $0.00 $37.25 $6,973.69
20 $6,973.69 $348.71 $0.00 $39.43 $7,361.83
21 $7,361.83 $348.71 $0.00 $41.62 $7,752.16
22 $7,752.16 $348.71 $0.00 $43.83 $8,144.70
23 $8,144.70 $348.71 $0.00 $46.05 $8,539.46
24 $8,539.46 $348.71 $0.00 $48.28 $8,936.45
25 $8,936.45 $348.71 $0.00 $50.53 $9,335.69
26 $9,335.69 $348.71 $0.00 $52.79 $9,737.19
27 $9,737.19 $348.71 $0.00 $55.06 $10,140.96
28 $10,140.96 $348.71 $0.00 $57.34 $10,547.01
29 $10,547.01 $348.71 $0.00 $59.63 $10,955.35
30 $10,955.35 $348.71 $0.00 $61.94 $11,366.00
31 $11,366.00 $348.71 $0.00 $64.27 $11,778.98
32 $11,778.98 $348.71 $0.00 $66.60 $12,194.29
33 $12,194.29 $348.71 $0.00 $68.95 $12,611.95
34 $12,611.95 $348.71 $0.00 $71.31 $13,031.97
35 $13,031.97 $348.71 $0.00 $73.68 $13,454.36
36 $13,454.36 $348.71 $0.00 $76.07 $13,879.14
37 $13,879.14 $348.71 $0.00 $78.47 $14,306.32
38 $14,306.32 $348.71 $0.00 $80.89 $14,735.92
39 $14,735.92 $348.71 $0.00 $83.32 $15,167.95
40 $15,167.95 $348.71 $0.00 $85.76 $15,602.42
41 $15,602.42 $348.71 $0.00 $88.22 $16,039.35
42 $16,039.35 $348.71 $0.00 $90.69 $16,478.75
43 $16,478.75 $348.71 $0.00 $93.17 $16,920.63
44 $16,920.63 $348.71 $0.00 $95.67 $17,365.01
45 $17,365.01 $348.71 $0.00 $98.18 $17,811.90
46 $17,811.90 $348.71 $0.00 $100.71 $18,261.32
47 $18,261.32 $348.71 $0.00 $103.25 $18,713.28
48 $18,713.28 $348.71 $0.00 $105.81 $19,167.80
49 $19,167.80 $348.71 $0.00 $108.38 $19,624.89
50 $19,624.89 $348.71 $0.00 $110.96 $20,084.56
51 $20,084.56 $348.71 $0.00 $113.56 $20,546.83
52 $20,546.83 $348.71 $0.00 $116.17 $21,011.71
53 $21,011.71 $348.71 $0.00 $118.80 $21,479.22
54 $21,479.22 $348.71 $0.00 $121.45 $21,949.38
55 $21,949.38 $348.71 $0.00 $124.10 $22,422.19
56 $22,422.19 $348.71 $0.00 $126.78 $22,897.68
57 $22,897.68 $348.71 $0.00 $129.47 $23,375.86
58 $23,375.86 $348.71 $0.00 $132.17 $23,856.74
59 $23,856.74 $348.71 $0.00 $134.89 $24,340.34
60 $24,340.34 $348.71 $0.00 $137.62 $24,826.67
61 $24,826.67 $348.71 $0.00 $140.37 $25,315.75
62 $25,315.75 $348.71 $0.00 $143.14 $25,807.60
63 $25,807.60 $348.71 $0.00 $145.92 $26,302.23
64 $26,302.23 $348.71 $0.00 $148.72 $26,799.66
65 $26,799.66 $348.71 $0.00 $151.53 $27,299.90
66 $27,299.90 $348.71 $0.00 $154.36 $27,802.97
67 $27,802.97 $348.71 $0.00 $157.20 $28,308.88
68 $28,308.88 $348.71 $0.00 $160.06 $28,817.65
69 $28,817.65 $348.71 $0.00 $162.94 $29,329.30
70 $29,329.30 $348.71 $0.00 $165.83 $29,843.84
71 $29,843.84 $348.71 $0.00 $168.74 $30,361.29
72 $30,361.29 $348.71 $0.00 $171.67 $30,881.67
73 $30,881.67 $348.71 $0.00 $174.61 $31,404.99
74 $31,404.99 $348.71 $0.00 $177.57 $31,931.27
75 $31,931.27 $348.71 $0.00 $180.54 $32,460.52
76 $32,460.52 $348.71 $0.00 $183.54 $32,992.77
77 $32,992.77 $348.71 $0.00 $186.55 $33,528.03
78 $33,528.03 $348.71 $0.00 $189.57 $34,066.31
79 $34,066.31 $348.71 $0.00 $192.62 $34,607.64
80 $34,607.64 $348.71 $0.00 $195.68 $35,152.03
81 $35,152.03 $348.71 $0.00 $198.75 $35,699.49
82 $35,699.49 $348.71 $0.00 $201.85 $36,250.05
83 $36,250.05 $348.71 $0.00 $204.96 $36,803.72
84 $36,803.72 $348.71 $0.00 $208.09 $37,360.52
85 $37,360.52 $348.71 $0.00 $211.24 $37,920.47
86 $37,920.47 $348.71 $0.00 $214.41 $38,483.59
87 $38,483.59 $348.71 $0.00 $217.59 $39,049.89
88 $39,049.89 $348.71 $0.00 $220.79 $39,619.39
89 $39,619.39 $348.71 $0.00 $224.01 $40,192.11
90 $40,192.11 $348.71 $0.00 $227.25 $40,768.07
91 $40,768.07 $348.71 $0.00 $230.51 $41,347.29
92 $41,347.29 $348.71 $0.00 $233.78 $41,929.78
93 $41,929.78 $348.71 $0.00 $237.08 $42,515.57
94 $42,515.57 $348.71 $0.00 $240.39 $43,104.67
95 $43,104.67 $348.71 $0.00 $243.72 $43,697.10
96 $43,697.10 $348.71 $0.00 $247.07 $44,292.88
97 $44,292.88 $348.71 $0.00 $250.44 $44,892.03
98 $44,892.03 $348.71 $0.00 $253.83 $45,494.57
99 $45,494.57 $348.71 $0.00 $257.23 $46,100.51
100 $46,100.51 $348.71 $0.00 $260.66 $46,709.88
101 $46,709.88 $348.71 $0.00 $264.10 $47,322.69
102 $47,322.69 $348.71 $0.00 $267.57 $47,938.97
103 $47,938.97 $348.71 $0.00 $271.05 $48,558.73
104 $48,558.73 $348.71 $0.00 $274.56 $49,182.00
105 $49,182.00 $348.71 $0.00 $278.08 $49,808.79
106 $49,808.79 $348.71 $0.00 $281.63 $50,439.13
107 $50,439.13 $348.71 $0.00 $285.19 $51,073.03
108 $51,073.03 $348.71 $0.00 $288.77 $51,710.51
109 $51,710.51 $348.71 $0.00 $292.38 $52,351.60
110 $52,351.60 $348.71 $0.00 $296.00 $52,996.31
111 $52,996.31 $348.71 $0.00 $299.65 $53,644.67
112 $53,644.67 $348.71 $0.00 $303.31 $54,296.69
113 $54,296.69 $348.71 $0.00 $307.00 $54,952.40
114 $54,952.40 $348.71 $0.00 $310.71 $55,611.82
115 $55,611.82 $348.71 $0.00 $314.44 $56,274.97
116 $56,274.97 $348.71 $0.00 $318.19 $56,941.87
117 $56,941.87 $348.71 $0.00 $321.96 $57,612.54
118 $57,612.54 $348.71 $0.00 $325.75 $58,287.00
119 $58,287.00 $348.71 $0.00 $329.56 $58,965.27
120 $58,965.27 $348.71 $0.00 $333.40 $59,647.38
121 $59,647.38 $348.71 $0.00 $337.25 $60,333.34
122 $60,333.34 $348.71 $0.00 $341.13 $61,023.18
123 $61,023.18 $348.71 $0.00 $345.03 $61,716.92
124 $61,716.92 $348.71 $0.00 $348.96 $62,414.59
125 $62,414.59 $348.71 $0.00 $352.90 $63,116.20
126 $63,116.20 $348.71 $0.00 $356.87 $63,821.78
127 $63,821.78 $348.71 $0.00 $360.86 $64,531.35
128 $64,531.35 $348.71 $0.00 $364.87 $65,244.93
129 $65,244.93 $348.71 $0.00 $368.90 $65,962.54
130 $65,962.54 $348.71 $0.00 $372.96 $66,684.21
131 $66,684.21 $348.71 $0.00 $377.04 $67,409.96
132 $67,409.96 $348.71 $0.00 $381.15 $68,139.82
133 $68,139.82 $348.71 $0.00 $385.27 $68,873.80
134 $68,873.80 $348.71 $0.00 $389.42 $69,611.93
135 $69,611.93 $348.71 $0.00 $393.60 $70,354.24
136 $70,354.24 $348.71 $0.00 $397.79 $71,100.74
137 $71,100.74 $348.71 $0.00 $402.01 $71,851.46
138 $71,851.46 $348.71 $0.00 $406.26 $72,606.43
139 $72,606.43 $348.71 $0.00 $410.53 $73,365.67
140 $73,365.67 $348.71 $0.00 $414.82 $74,129.20
141 $74,129.20 $348.71 $0.00 $419.14 $74,897.05
142 $74,897.05 $348.71 $0.00 $423.48 $75,669.24
143 $75,669.24 $348.71 $0.00 $427.84 $76,445.79
144 $76,445.79 $348.71 $0.00 $432.24 $77,226.74
145 $77,226.74 $348.71 $0.00 $436.65 $78,012.10
146 $78,012.10 $348.71 $0.00 $441.09 $78,801.90
147 $78,801.90 $348.71 $0.00 $445.56 $79,596.17
148 $79,596.17 $348.71 $0.00 $450.05 $80,394.93
149 $80,394.93 $348.71 $0.00 $454.56 $81,198.20
150 $81,198.20 $348.71 $0.00 $459.11 $82,006.02
151 $82,006.02 $348.71 $0.00 $463.67 $82,818.40
152 $82,818.40 $348.71 $0.00 $468.27 $83,635.38
153 $83,635.38 $348.71 $0.00 $472.89 $84,456.98
154 $84,456.98 $348.71 $0.00 $477.53 $85,283.22
155 $85,283.22 $348.71 $0.00 $482.20 $86,114.13
156 $86,114.13 $348.71 $0.00 $486.90 $86,949.74
157 $86,949.74 $348.71 $0.00 $491.63 $87,790.08
158 $87,790.08 $348.71 $0.00 $496.38 $88,635.17
159 $88,635.17 $348.71 $0.00 $501.16 $89,485.04
160 $89,485.04 $348.71 $0.00 $505.96 $90,339.71
161 $90,339.71 $348.71 $0.00 $510.79 $91,199.21
162 $91,199.21 $348.71 $0.00 $515.65 $92,063.57
163 $92,063.57 $348.71 $0.00 $520.54 $92,932.82
164 $92,932.82 $348.71 $0.00 $525.46 $93,806.99
165 $93,806.99 $348.71 $0.00 $530.40 $94,686.10
166 $94,686.10 $348.71 $0.00 $535.37 $95,570.18
167 $95,570.18 $348.71 $0.00 $540.37 $96,459.26
168 $96,459.26 $348.71 $0.00 $545.39 $97,353.36
169 $97,353.36 $348.71 $0.00 $550.45 $98,252.52
170 $98,252.52 $348.71 $0.00 $555.53 $99,156.76
171 $99,156.76 $348.71 $0.00 $560.65 $100,066.12
172 $100,066.12 $348.71 $0.00 $565.79 $100,980.62
173 $100,980.62 $348.71 $0.00 $570.96 $101,900.29
174 $101,900.29 $348.71 $0.00 $576.16 $102,825.16
175 $102,825.16 $348.71 $0.00 $581.39 $103,755.26
176 $103,755.26 $348.71 $0.00 $586.65 $104,690.62
177 $104,690.62 $348.71 $0.00 $591.94 $105,631.27
178 $105,631.27 $348.71 $0.00 $597.25 $106,577.23
179 $106,577.23 $348.71 $0.00 $602.60 $107,528.54
180 $107,528.54 $348.71 $0.00 $607.98 $108,485.23
181 $108,485.23 $348.71 $0.00 $613.39 $109,447.33
182 $109,447.33 $348.71 $0.00 $618.83 $110,414.87
183 $110,414.87 $348.71 $0.00 $624.30 $111,387.88
184 $111,387.88 $348.71 $0.00 $629.80 $112,366.39
185 $112,366.39 $348.71 $0.00 $635.34 $113,350.44
186 $113,350.44 $348.71 $0.00 $640.90 $114,340.05
187 $114,340.05 $348.71 $0.00 $646.50 $115,335.26
188 $115,335.26 $348.71 $0.00 $652.12 $116,336.09
189 $116,336.09 $348.71 $0.00 $657.78 $117,342.58
190 $117,342.58 $348.71 $0.00 $663.47 $118,354.76
191 $118,354.76 $348.71 $0.00 $669.20 $119,372.67
192 $119,372.67 $348.71 $0.00 $674.95 $120,396.33
193 $120,396.33 $348.71 $0.00 $680.74 $121,425.78
194 $121,425.78 $348.71 $0.00 $686.56 $122,461.05
195 $122,461.05 $348.71 $0.00 $692.41 $123,502.17
196 $123,502.17 $348.71 $0.00 $698.30 $124,549.18
197 $124,549.18 $348.71 $0.00 $704.22 $125,602.11
198 $125,602.11 $348.71 $0.00 $710.17 $126,660.99
199 $126,660.99 $348.71 $0.00 $716.16 $127,725.86
200 $127,725.86 $348.71 $0.00 $722.18 $128,796.75
201 $128,796.75 $348.71 $0.00 $728.24 $129,873.70
202 $129,873.70 $348.71 $0.00 $734.32 $130,956.73
203 $130,956.73 $348.71 $0.00 $740.45 $132,045.89
204 $132,045.89 $348.71 $0.00 $746.61 $133,141.21
205 $133,141.21 $348.71 $0.00 $752.80 $134,242.72
206 $134,242.72 $348.71 $0.00 $759.03 $135,350.46
207 $135,350.46 $348.71 $0.00 $765.29 $136,464.46
208 $136,464.46 $348.71 $0.00 $771.59 $137,584.76
209 $137,584.76 $348.71 $0.00 $777.92 $138,711.39
210 $138,711.39 $348.71 $0.00 $784.29 $139,844.39
211 $139,844.39 $348.71 $0.00 $790.70 $140,983.80
212 $140,983.80 $348.71 $0.00 $797.14 $142,129.65
213 $142,129.65 $348.71 $0.00 $803.62 $143,281.98
214 $143,281.98 $348.71 $0.00 $810.14 $144,440.83
215 $144,440.83 $348.71 $0.00 $816.69 $145,606.23
216 $145,606.23 $348.71 $0.00 $823.28 $146,778.22
217 $146,778.22 $348.71 $76,549.74 $829.91 $71,407.10
218 $71,407.10 $348.71 $0.00 $403.75 $72,159.56
219 $72,159.56 $348.71 $0.00 $408.00 $72,916.27
220 $72,916.27 $348.71 $0.00 $412.28 $73,677.26
221 $73,677.26 $348.71 $0.00 $416.58 $74,442.55
222 $74,442.55 $348.71 $0.00 $420.91 $75,212.17
223 $75,212.17 $348.71 $0.00 $425.26 $75,986.14
224 $75,986.14 $348.71 $0.00 $429.64 $76,764.49
225 $76,764.49 $348.71 $0.00 $434.04 $77,547.24
226 $77,547.24 $348.71 $0.00 $438.46 $78,334.41
227 $78,334.41 $348.71 $0.00 $442.91 $79,126.03
228 $79,126.03 $348.71 $0.00 $447.39 $79,922.13
229 $79,922.13 $0.00 $80,377.23 $451.89 ($3.21)