Savings Plan and Future Cost Estimation for Stevens Henager College Logan

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2041$85,088
Monthly savings required$674

How much will it cost to send your child to Stevens Henager College Logan in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $340,353.29 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $673.55 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$32,812.00
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 $673.55 $0.00 $0.00 $673.55
2 $673.55 $673.55 $0.00 $3.81 $1,350.91
3 $1,350.91 $673.55 $0.00 $7.64 $2,032.10
4 $2,032.10 $673.55 $0.00 $11.49 $2,717.14
5 $2,717.14 $673.55 $0.00 $15.36 $3,406.05
6 $3,406.05 $673.55 $0.00 $19.26 $4,098.86
7 $4,098.86 $673.55 $0.00 $23.18 $4,795.59
8 $4,795.59 $673.55 $0.00 $27.11 $5,496.25
9 $5,496.25 $673.55 $0.00 $31.08 $6,200.88
10 $6,200.88 $673.55 $0.00 $35.06 $6,909.49
11 $6,909.49 $673.55 $0.00 $39.07 $7,622.11
12 $7,622.11 $673.55 $0.00 $43.10 $8,338.76
13 $8,338.76 $673.55 $0.00 $47.15 $9,059.46
14 $9,059.46 $673.55 $0.00 $51.22 $9,784.23
15 $9,784.23 $673.55 $0.00 $55.32 $10,513.10
16 $10,513.10 $673.55 $0.00 $59.44 $11,246.09
17 $11,246.09 $673.55 $0.00 $63.59 $11,983.23
18 $11,983.23 $673.55 $0.00 $67.75 $12,724.53
19 $12,724.53 $673.55 $0.00 $71.95 $13,470.03
20 $13,470.03 $673.55 $0.00 $76.16 $14,219.74
21 $14,219.74 $673.55 $0.00 $80.40 $14,973.69
22 $14,973.69 $673.55 $0.00 $84.66 $15,731.90
23 $15,731.90 $673.55 $0.00 $88.95 $16,494.40
24 $16,494.40 $673.55 $0.00 $93.26 $17,261.21
25 $17,261.21 $673.55 $0.00 $97.60 $18,032.36
26 $18,032.36 $673.55 $0.00 $101.96 $18,807.87
27 $18,807.87 $673.55 $0.00 $106.34 $19,587.76
28 $19,587.76 $673.55 $0.00 $110.75 $20,372.06
29 $20,372.06 $673.55 $0.00 $115.19 $21,160.80
30 $21,160.80 $673.55 $0.00 $119.65 $21,954.00
31 $21,954.00 $673.55 $0.00 $124.13 $22,751.68
32 $22,751.68 $673.55 $0.00 $128.64 $23,553.87
33 $23,553.87 $673.55 $0.00 $133.18 $24,360.60
34 $24,360.60 $673.55 $0.00 $137.74 $25,171.89
35 $25,171.89 $673.55 $0.00 $142.33 $25,987.77
36 $25,987.77 $673.55 $0.00 $146.94 $26,808.26
37 $26,808.26 $673.55 $0.00 $151.58 $27,633.39
38 $27,633.39 $673.55 $0.00 $156.24 $28,463.18
39 $28,463.18 $673.55 $0.00 $160.93 $29,297.66
40 $29,297.66 $673.55 $0.00 $165.65 $30,136.86
41 $30,136.86 $673.55 $0.00 $170.40 $30,980.81
42 $30,980.81 $673.55 $0.00 $175.17 $31,829.53
43 $31,829.53 $673.55 $0.00 $179.97 $32,683.05
44 $32,683.05 $673.55 $0.00 $184.79 $33,541.39
45 $33,541.39 $673.55 $0.00 $189.65 $34,404.59
46 $34,404.59 $673.55 $0.00 $194.53 $35,272.67
47 $35,272.67 $673.55 $0.00 $199.44 $36,145.66
48 $36,145.66 $673.55 $0.00 $204.37 $37,023.58
49 $37,023.58 $673.55 $0.00 $209.34 $37,906.47
50 $37,906.47 $673.55 $0.00 $214.33 $38,794.35
51 $38,794.35 $673.55 $0.00 $219.35 $39,687.25
52 $39,687.25 $673.55 $0.00 $224.40 $40,585.20
53 $40,585.20 $673.55 $0.00 $229.47 $41,488.22
54 $41,488.22 $673.55 $0.00 $234.58 $42,396.35
55 $42,396.35 $673.55 $0.00 $239.72 $43,309.62
56 $43,309.62 $673.55 $0.00 $244.88 $44,228.05
57 $44,228.05 $673.55 $0.00 $250.07 $45,151.67
58 $45,151.67 $673.55 $0.00 $255.29 $46,080.51
59 $46,080.51 $673.55 $0.00 $260.55 $47,014.61
60 $47,014.61 $673.55 $0.00 $265.83 $47,953.99
61 $47,953.99 $673.55 $0.00 $271.14 $48,898.68
62 $48,898.68 $673.55 $0.00 $276.48 $49,848.71
63 $49,848.71 $673.55 $0.00 $281.85 $50,804.11
64 $50,804.11 $673.55 $0.00 $287.25 $51,764.91
65 $51,764.91 $673.55 $0.00 $292.69 $52,731.15
66 $52,731.15 $673.55 $0.00 $298.15 $53,702.85
67 $53,702.85 $673.55 $0.00 $303.64 $54,680.04
68 $54,680.04 $673.55 $0.00 $309.17 $55,662.76
69 $55,662.76 $673.55 $0.00 $314.73 $56,651.04
70 $56,651.04 $673.55 $0.00 $320.31 $57,644.90
71 $57,644.90 $673.55 $0.00 $325.93 $58,644.38
72 $58,644.38 $673.55 $0.00 $331.58 $59,649.51
73 $59,649.51 $673.55 $0.00 $337.27 $60,660.33
74 $60,660.33 $673.55 $0.00 $342.98 $61,676.86
75 $61,676.86 $673.55 $0.00 $348.73 $62,699.14
76 $62,699.14 $673.55 $0.00 $354.51 $63,727.20
77 $63,727.20 $673.55 $0.00 $360.32 $64,761.07
78 $64,761.07 $673.55 $0.00 $366.17 $65,800.79
79 $65,800.79 $673.55 $0.00 $372.05 $66,846.39
80 $66,846.39 $673.55 $0.00 $377.96 $67,897.90
81 $67,897.90 $673.55 $0.00 $383.90 $68,955.35
82 $68,955.35 $673.55 $0.00 $389.88 $70,018.78
83 $70,018.78 $673.55 $0.00 $395.90 $71,088.23
84 $71,088.23 $673.55 $0.00 $401.94 $72,163.72
85 $72,163.72 $673.55 $0.00 $408.02 $73,245.29
86 $73,245.29 $673.55 $0.00 $414.14 $74,332.98
87 $74,332.98 $673.55 $0.00 $420.29 $75,426.82
88 $75,426.82 $673.55 $0.00 $426.47 $76,526.84
89 $76,526.84 $673.55 $0.00 $432.69 $77,633.08
90 $77,633.08 $673.55 $0.00 $438.95 $78,745.58
91 $78,745.58 $673.55 $0.00 $445.24 $79,864.37
92 $79,864.37 $673.55 $0.00 $451.56 $80,989.48
93 $80,989.48 $673.55 $0.00 $457.93 $82,120.96
94 $82,120.96 $673.55 $0.00 $464.32 $83,258.83
95 $83,258.83 $673.55 $0.00 $470.76 $84,403.14
96 $84,403.14 $673.55 $0.00 $477.23 $85,553.92
97 $85,553.92 $673.55 $0.00 $483.73 $86,711.20
98 $86,711.20 $673.55 $0.00 $490.28 $87,875.03
99 $87,875.03 $673.55 $0.00 $496.86 $89,045.44
100 $89,045.44 $673.55 $0.00 $503.48 $90,222.47
101 $90,222.47 $673.55 $0.00 $510.13 $91,406.15
102 $91,406.15 $673.55 $0.00 $516.82 $92,596.52
103 $92,596.52 $673.55 $0.00 $523.55 $93,793.62
104 $93,793.62 $673.55 $0.00 $530.32 $94,997.49
105 $94,997.49 $673.55 $0.00 $537.13 $96,208.17
106 $96,208.17 $673.55 $0.00 $543.97 $97,425.69
107 $97,425.69 $673.55 $0.00 $550.86 $98,650.10
108 $98,650.10 $673.55 $0.00 $557.78 $99,881.43
109 $99,881.43 $673.55 $0.00 $564.74 $101,119.72
110 $101,119.72 $673.55 $0.00 $571.75 $102,365.02
111 $102,365.02 $673.55 $0.00 $578.79 $103,617.36
112 $103,617.36 $673.55 $0.00 $585.87 $104,876.78
113 $104,876.78 $673.55 $0.00 $592.99 $106,143.32
114 $106,143.32 $673.55 $0.00 $600.15 $107,417.02
115 $107,417.02 $673.55 $0.00 $607.35 $108,697.92
116 $108,697.92 $673.55 $0.00 $614.59 $109,986.06
117 $109,986.06 $673.55 $0.00 $621.88 $111,281.49
118 $111,281.49 $673.55 $0.00 $629.20 $112,584.24
119 $112,584.24 $673.55 $0.00 $636.57 $113,894.36
120 $113,894.36 $673.55 $0.00 $643.98 $115,211.89
121 $115,211.89 $673.55 $0.00 $651.42 $116,536.86
122 $116,536.86 $673.55 $0.00 $658.92 $117,869.33
123 $117,869.33 $673.55 $0.00 $666.45 $119,209.33
124 $119,209.33 $673.55 $0.00 $674.03 $120,556.91
125 $120,556.91 $673.55 $0.00 $681.65 $121,912.11
126 $121,912.11 $673.55 $0.00 $689.31 $123,274.97
127 $123,274.97 $673.55 $0.00 $697.01 $124,645.53
128 $124,645.53 $673.55 $0.00 $704.76 $126,023.84
129 $126,023.84 $673.55 $0.00 $712.56 $127,409.95
130 $127,409.95 $673.55 $0.00 $720.39 $128,803.89
131 $128,803.89 $673.55 $0.00 $728.28 $130,205.72
132 $130,205.72 $673.55 $0.00 $736.20 $131,615.47
133 $131,615.47 $673.55 $0.00 $744.17 $133,033.19
134 $133,033.19 $673.55 $0.00 $752.19 $134,458.93
135 $134,458.93 $673.55 $0.00 $760.25 $135,892.73
136 $135,892.73 $673.55 $0.00 $768.36 $137,334.64
137 $137,334.64 $673.55 $0.00 $776.51 $138,784.70
138 $138,784.70 $673.55 $0.00 $784.71 $140,242.96
139 $140,242.96 $673.55 $0.00 $792.95 $141,709.46
140 $141,709.46 $673.55 $0.00 $801.25 $143,184.26
141 $143,184.26 $673.55 $0.00 $809.58 $144,667.39
142 $144,667.39 $673.55 $0.00 $817.97 $146,158.91
143 $146,158.91 $673.55 $0.00 $826.40 $147,658.86
144 $147,658.86 $673.55 $0.00 $834.88 $149,167.29
145 $149,167.29 $673.55 $0.00 $843.41 $150,684.25
146 $150,684.25 $673.55 $0.00 $851.99 $152,209.79
147 $152,209.79 $673.55 $0.00 $860.62 $153,743.96
148 $153,743.96 $673.55 $0.00 $869.29 $155,286.80
149 $155,286.80 $673.55 $0.00 $878.01 $156,838.36
150 $156,838.36 $673.55 $0.00 $886.79 $158,398.70
151 $158,398.70 $673.55 $0.00 $895.61 $159,967.86
152 $159,967.86 $673.55 $0.00 $904.48 $161,545.89
153 $161,545.89 $673.55 $0.00 $913.40 $163,132.84
154 $163,132.84 $673.55 $0.00 $922.38 $164,728.77
155 $164,728.77 $673.55 $0.00 $931.40 $166,333.72
156 $166,333.72 $673.55 $0.00 $940.48 $167,947.75
157 $167,947.75 $673.55 $0.00 $949.60 $169,570.90
158 $169,570.90 $673.55 $0.00 $958.78 $171,203.23
159 $171,203.23 $673.55 $0.00 $968.01 $172,844.79
160 $172,844.79 $673.55 $0.00 $977.29 $174,495.63
161 $174,495.63 $673.55 $0.00 $986.62 $176,155.80
162 $176,155.80 $673.55 $0.00 $996.01 $177,825.36
163 $177,825.36 $673.55 $0.00 $1,005.45 $179,504.36
164 $179,504.36 $673.55 $0.00 $1,014.94 $181,192.85
165 $181,192.85 $673.55 $0.00 $1,024.49 $182,890.89
166 $182,890.89 $673.55 $0.00 $1,034.09 $184,598.53
167 $184,598.53 $673.55 $0.00 $1,043.75 $186,315.83
168 $186,315.83 $673.55 $0.00 $1,053.46 $188,042.84
169 $188,042.84 $673.55 $0.00 $1,063.22 $189,779.61
170 $189,779.61 $673.55 $0.00 $1,073.04 $191,526.20
171 $191,526.20 $673.55 $0.00 $1,082.92 $193,282.67
172 $193,282.67 $673.55 $0.00 $1,092.85 $195,049.07
173 $195,049.07 $673.55 $0.00 $1,102.84 $196,825.46
174 $196,825.46 $673.55 $0.00 $1,112.88 $198,611.89
175 $198,611.89 $673.55 $0.00 $1,122.98 $200,408.42
176 $200,408.42 $673.55 $0.00 $1,133.14 $202,215.11
177 $202,215.11 $673.55 $0.00 $1,143.35 $204,032.01
178 $204,032.01 $673.55 $0.00 $1,153.63 $205,859.19
179 $205,859.19 $673.55 $0.00 $1,163.96 $207,696.70
180 $207,696.70 $673.55 $0.00 $1,174.35 $209,544.60
181 $209,544.60 $673.55 $0.00 $1,184.80 $211,402.95
182 $211,402.95 $673.55 $0.00 $1,195.30 $213,271.80
183 $213,271.80 $673.55 $0.00 $1,205.87 $215,151.22
184 $215,151.22 $673.55 $0.00 $1,216.50 $217,041.27
185 $217,041.27 $673.55 $0.00 $1,227.18 $218,942.00
186 $218,942.00 $673.55 $0.00 $1,237.93 $220,853.48
187 $220,853.48 $673.55 $0.00 $1,248.74 $222,775.77
188 $222,775.77 $673.55 $0.00 $1,259.61 $224,708.93
189 $224,708.93 $673.55 $0.00 $1,270.54 $226,653.02
190 $226,653.02 $673.55 $0.00 $1,281.53 $228,608.10
191 $228,608.10 $673.55 $0.00 $1,292.58 $230,574.23
192 $230,574.23 $673.55 $0.00 $1,303.70 $232,551.48
193 $232,551.48 $673.55 $0.00 $1,314.88 $234,539.91
194 $234,539.91 $673.55 $0.00 $1,326.12 $236,539.58
195 $236,539.58 $673.55 $0.00 $1,337.43 $238,550.56
196 $238,550.56 $673.55 $0.00 $1,348.80 $240,572.91
197 $240,572.91 $673.55 $0.00 $1,360.23 $242,606.69
198 $242,606.69 $673.55 $0.00 $1,371.73 $244,651.97
199 $244,651.97 $673.55 $0.00 $1,383.30 $246,708.82
200 $246,708.82 $673.55 $0.00 $1,394.93 $248,777.30
201 $248,777.30 $673.55 $0.00 $1,406.62 $250,857.47
202 $250,857.47 $673.55 $0.00 $1,418.38 $252,949.40
203 $252,949.40 $673.55 $0.00 $1,430.21 $255,053.16
204 $255,053.16 $673.55 $0.00 $1,442.11 $257,168.82
205 $257,168.82 $673.55 $0.00 $1,454.07 $259,296.44
206 $259,296.44 $673.55 $0.00 $1,466.10 $261,436.09
207 $261,436.09 $673.55 $0.00 $1,478.20 $263,587.84
208 $263,587.84 $673.55 $0.00 $1,490.36 $265,751.75
209 $265,751.75 $673.55 $0.00 $1,502.60 $267,927.90
210 $267,927.90 $673.55 $0.00 $1,514.90 $270,116.35
211 $270,116.35 $673.55 $0.00 $1,527.28 $272,317.18
212 $272,317.18 $673.55 $0.00 $1,539.72 $274,530.45
213 $274,530.45 $673.55 $0.00 $1,552.24 $276,756.24
214 $276,756.24 $673.55 $0.00 $1,564.82 $278,994.61
215 $278,994.61 $673.55 $0.00 $1,577.48 $281,245.64
216 $281,245.64 $673.55 $0.00 $1,590.20 $283,509.39
217 $283,509.39 $673.55 $78,965.99 $1,603.00 $206,819.95
218 $206,819.95 $673.55 $0.00 $1,169.39 $208,662.89
219 $208,662.89 $673.55 $0.00 $1,179.81 $210,516.25
220 $210,516.25 $673.55 $0.00 $1,190.29 $212,380.09
221 $212,380.09 $673.55 $0.00 $1,200.83 $214,254.47
222 $214,254.47 $673.55 $0.00 $1,211.43 $216,139.45
223 $216,139.45 $673.55 $0.00 $1,222.08 $218,035.08
224 $218,035.08 $673.55 $0.00 $1,232.80 $219,941.43
225 $219,941.43 $673.55 $0.00 $1,243.58 $221,858.56
226 $221,858.56 $673.55 $0.00 $1,254.42 $223,786.53
227 $223,786.53 $673.55 $0.00 $1,265.32 $225,725.40
228 $225,725.40 $673.55 $0.00 $1,276.28 $227,675.23
229 $227,675.23 $673.55 $82,914.29 $1,287.31 $146,721.80
230 $146,721.80 $673.55 $0.00 $829.59 $148,224.94
231 $148,224.94 $673.55 $0.00 $838.09 $149,736.58
232 $149,736.58 $673.55 $0.00 $846.63 $151,256.76
233 $151,256.76 $673.55 $0.00 $855.23 $152,785.54
234 $152,785.54 $673.55 $0.00 $863.87 $154,322.96
235 $154,322.96 $673.55 $0.00 $872.56 $155,869.07
236 $155,869.07 $673.55 $0.00 $881.31 $157,423.93
237 $157,423.93 $673.55 $0.00 $890.10 $158,987.58
238 $158,987.58 $673.55 $0.00 $898.94 $160,560.07
239 $160,560.07 $673.55 $0.00 $907.83 $162,141.45
240 $162,141.45 $673.55 $0.00 $916.77 $163,731.77
241 $163,731.77 $673.55 $87,060.00 $925.76 $78,271.08
242 $78,271.08 $673.55 $0.00 $442.56 $79,387.19
243 $79,387.19 $673.55 $0.00 $448.87 $80,509.61
244 $80,509.61 $673.55 $0.00 $455.21 $81,638.37
245 $81,638.37 $673.55 $0.00 $461.60 $82,773.52
246 $82,773.52 $673.55 $0.00 $468.01 $83,915.08
247 $83,915.08 $673.55 $0.00 $474.47 $85,063.10
248 $85,063.10 $673.55 $0.00 $480.96 $86,217.61
249 $86,217.61 $673.55 $0.00 $487.49 $87,378.65
250 $87,378.65 $673.55 $0.00 $494.05 $88,546.25
251 $88,546.25 $673.55 $0.00 $500.65 $89,720.45
252 $89,720.45 $673.55 $0.00 $507.29 $90,901.29
253 $90,901.29 $0.00 $91,413.00 $513.97 $2.26