Savings Plan and Future Cost Estimation for Bennington College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$196,954
Monthly savings required$1,559

How much will it cost to send your child to Bennington College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $787,816.42 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $1,559.06 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$75,950.00
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 $1,559.06 $0.00 $0.00 $1,559.06
2 $1,559.06 $1,559.06 $0.00 $8.82 $3,126.94
3 $3,126.94 $1,559.06 $0.00 $17.68 $4,703.68
4 $4,703.68 $1,559.06 $0.00 $26.60 $6,289.34
5 $6,289.34 $1,559.06 $0.00 $35.56 $7,883.96
6 $7,883.96 $1,559.06 $0.00 $44.58 $9,487.60
7 $9,487.60 $1,559.06 $0.00 $53.64 $11,100.30
8 $11,100.30 $1,559.06 $0.00 $62.76 $12,722.12
9 $12,722.12 $1,559.06 $0.00 $71.93 $14,353.11
10 $14,353.11 $1,559.06 $0.00 $81.15 $15,993.32
11 $15,993.32 $1,559.06 $0.00 $90.43 $17,642.81
12 $17,642.81 $1,559.06 $0.00 $99.76 $19,301.63
13 $19,301.63 $1,559.06 $0.00 $109.13 $20,969.82
14 $20,969.82 $1,559.06 $0.00 $118.57 $22,647.45
15 $22,647.45 $1,559.06 $0.00 $128.05 $24,334.56
16 $24,334.56 $1,559.06 $0.00 $137.59 $26,031.21
17 $26,031.21 $1,559.06 $0.00 $147.18 $27,737.45
18 $27,737.45 $1,559.06 $0.00 $156.83 $29,453.34
19 $29,453.34 $1,559.06 $0.00 $166.53 $31,178.93
20 $31,178.93 $1,559.06 $0.00 $176.29 $32,914.28
21 $32,914.28 $1,559.06 $0.00 $186.10 $34,659.44
22 $34,659.44 $1,559.06 $0.00 $195.97 $36,414.47
23 $36,414.47 $1,559.06 $0.00 $205.89 $38,179.42
24 $38,179.42 $1,559.06 $0.00 $215.87 $39,954.35
25 $39,954.35 $1,559.06 $0.00 $225.91 $41,739.32
26 $41,739.32 $1,559.06 $0.00 $236.00 $43,534.38
27 $43,534.38 $1,559.06 $0.00 $246.15 $45,339.59
28 $45,339.59 $1,559.06 $0.00 $256.36 $47,155.01
29 $47,155.01 $1,559.06 $0.00 $266.62 $48,980.69
30 $48,980.69 $1,559.06 $0.00 $276.94 $50,816.69
31 $50,816.69 $1,559.06 $0.00 $287.32 $52,663.07
32 $52,663.07 $1,559.06 $0.00 $297.76 $54,519.89
33 $54,519.89 $1,559.06 $0.00 $308.26 $56,387.21
34 $56,387.21 $1,559.06 $0.00 $318.82 $58,265.09
35 $58,265.09 $1,559.06 $0.00 $329.44 $60,153.59
36 $60,153.59 $1,559.06 $0.00 $340.12 $62,052.77
37 $62,052.77 $1,559.06 $0.00 $350.86 $63,962.69
38 $63,962.69 $1,559.06 $0.00 $361.65 $65,883.40
39 $65,883.40 $1,559.06 $0.00 $372.51 $67,814.97
40 $67,814.97 $1,559.06 $0.00 $383.44 $69,757.47
41 $69,757.47 $1,559.06 $0.00 $394.42 $71,710.95
42 $71,710.95 $1,559.06 $0.00 $405.46 $73,675.47
43 $73,675.47 $1,559.06 $0.00 $416.57 $75,651.10
44 $75,651.10 $1,559.06 $0.00 $427.74 $77,637.90
45 $77,637.90 $1,559.06 $0.00 $438.98 $79,635.94
46 $79,635.94 $1,559.06 $0.00 $450.27 $81,645.27
47 $81,645.27 $1,559.06 $0.00 $461.63 $83,665.96
48 $83,665.96 $1,559.06 $0.00 $473.06 $85,698.08
49 $85,698.08 $1,559.06 $0.00 $484.55 $87,741.69
50 $87,741.69 $1,559.06 $0.00 $496.10 $89,796.85
51 $89,796.85 $1,559.06 $0.00 $507.72 $91,863.63
52 $91,863.63 $1,559.06 $0.00 $519.41 $93,942.10
53 $93,942.10 $1,559.06 $0.00 $531.16 $96,032.32
54 $96,032.32 $1,559.06 $0.00 $542.98 $98,134.36
55 $98,134.36 $1,559.06 $0.00 $554.87 $100,248.29
56 $100,248.29 $1,559.06 $0.00 $566.82 $102,374.17
57 $102,374.17 $1,559.06 $0.00 $578.84 $104,512.07
58 $104,512.07 $1,559.06 $0.00 $590.93 $106,662.06
59 $106,662.06 $1,559.06 $0.00 $603.08 $108,824.20
60 $108,824.20 $1,559.06 $0.00 $615.31 $110,998.57
61 $110,998.57 $1,559.06 $0.00 $627.60 $113,185.23
62 $113,185.23 $1,559.06 $0.00 $639.97 $115,384.26
63 $115,384.26 $1,559.06 $0.00 $652.40 $117,595.72
64 $117,595.72 $1,559.06 $0.00 $664.90 $119,819.68
65 $119,819.68 $1,559.06 $0.00 $677.48 $122,056.22
66 $122,056.22 $1,559.06 $0.00 $690.12 $124,305.40
67 $124,305.40 $1,559.06 $0.00 $702.84 $126,567.30
68 $126,567.30 $1,559.06 $0.00 $715.63 $128,841.99
69 $128,841.99 $1,559.06 $0.00 $728.49 $131,129.54
70 $131,129.54 $1,559.06 $0.00 $741.43 $133,430.03
71 $133,430.03 $1,559.06 $0.00 $754.43 $135,743.52
72 $135,743.52 $1,559.06 $0.00 $767.51 $138,070.09
73 $138,070.09 $1,559.06 $0.00 $780.67 $140,409.82
74 $140,409.82 $1,559.06 $0.00 $793.90 $142,762.78
75 $142,762.78 $1,559.06 $0.00 $807.20 $145,129.04
76 $145,129.04 $1,559.06 $0.00 $820.58 $147,508.68
77 $147,508.68 $1,559.06 $0.00 $834.04 $149,901.78
78 $149,901.78 $1,559.06 $0.00 $847.57 $152,308.41
79 $152,308.41 $1,559.06 $0.00 $861.17 $154,728.64
80 $154,728.64 $1,559.06 $0.00 $874.86 $157,162.56
81 $157,162.56 $1,559.06 $0.00 $888.62 $159,610.24
82 $159,610.24 $1,559.06 $0.00 $902.46 $162,071.76
83 $162,071.76 $1,559.06 $0.00 $916.38 $164,547.20
84 $164,547.20 $1,559.06 $0.00 $930.37 $167,036.63
85 $167,036.63 $1,559.06 $0.00 $944.45 $169,540.14
86 $169,540.14 $1,559.06 $0.00 $958.60 $172,057.80
87 $172,057.80 $1,559.06 $0.00 $972.84 $174,589.70
88 $174,589.70 $1,559.06 $0.00 $987.16 $177,135.92
89 $177,135.92 $1,559.06 $0.00 $1,001.55 $179,696.53
90 $179,696.53 $1,559.06 $0.00 $1,016.03 $182,271.62
91 $182,271.62 $1,559.06 $0.00 $1,030.59 $184,861.27
92 $184,861.27 $1,559.06 $0.00 $1,045.23 $187,465.56
93 $187,465.56 $1,559.06 $0.00 $1,059.96 $190,084.58
94 $190,084.58 $1,559.06 $0.00 $1,074.77 $192,718.41
95 $192,718.41 $1,559.06 $0.00 $1,089.66 $195,367.13
96 $195,367.13 $1,559.06 $0.00 $1,104.63 $198,030.82
97 $198,030.82 $1,559.06 $0.00 $1,119.70 $200,709.58
98 $200,709.58 $1,559.06 $0.00 $1,134.84 $203,403.48
99 $203,403.48 $1,559.06 $0.00 $1,150.07 $206,112.61
100 $206,112.61 $1,559.06 $0.00 $1,165.39 $208,837.06
101 $208,837.06 $1,559.06 $0.00 $1,180.80 $211,576.92
102 $211,576.92 $1,559.06 $0.00 $1,196.29 $214,332.27
103 $214,332.27 $1,559.06 $0.00 $1,211.87 $217,103.20
104 $217,103.20 $1,559.06 $0.00 $1,227.53 $219,889.79
105 $219,889.79 $1,559.06 $0.00 $1,243.29 $222,692.14
106 $222,692.14 $1,559.06 $0.00 $1,259.13 $225,510.33
107 $225,510.33 $1,559.06 $0.00 $1,275.07 $228,344.46
108 $228,344.46 $1,559.06 $0.00 $1,291.09 $231,194.61
109 $231,194.61 $1,559.06 $0.00 $1,307.21 $234,060.88
110 $234,060.88 $1,559.06 $0.00 $1,323.41 $236,943.35
111 $236,943.35 $1,559.06 $0.00 $1,339.71 $239,842.12
112 $239,842.12 $1,559.06 $0.00 $1,356.10 $242,757.28
113 $242,757.28 $1,559.06 $0.00 $1,372.58 $245,688.92
114 $245,688.92 $1,559.06 $0.00 $1,389.16 $248,637.14
115 $248,637.14 $1,559.06 $0.00 $1,405.83 $251,602.03
116 $251,602.03 $1,559.06 $0.00 $1,422.59 $254,583.68
117 $254,583.68 $1,559.06 $0.00 $1,439.45 $257,582.19
118 $257,582.19 $1,559.06 $0.00 $1,456.41 $260,597.66
119 $260,597.66 $1,559.06 $0.00 $1,473.46 $263,630.18
120 $263,630.18 $1,559.06 $0.00 $1,490.60 $266,679.84
121 $266,679.84 $1,559.06 $0.00 $1,507.85 $269,746.75
122 $269,746.75 $1,559.06 $0.00 $1,525.19 $272,831.00
123 $272,831.00 $1,559.06 $0.00 $1,542.63 $275,932.69
124 $275,932.69 $1,559.06 $0.00 $1,560.16 $279,051.91
125 $279,051.91 $1,559.06 $0.00 $1,577.80 $282,188.77
126 $282,188.77 $1,559.06 $0.00 $1,595.54 $285,343.37
127 $285,343.37 $1,559.06 $0.00 $1,613.37 $288,515.80
128 $288,515.80 $1,559.06 $0.00 $1,631.31 $291,706.17
129 $291,706.17 $1,559.06 $0.00 $1,649.35 $294,914.58
130 $294,914.58 $1,559.06 $0.00 $1,667.49 $298,141.13
131 $298,141.13 $1,559.06 $0.00 $1,685.73 $301,385.92
132 $301,385.92 $1,559.06 $0.00 $1,704.08 $304,649.06
133 $304,649.06 $1,559.06 $0.00 $1,722.53 $307,930.65
134 $307,930.65 $1,559.06 $0.00 $1,741.08 $311,230.79
135 $311,230.79 $1,559.06 $0.00 $1,759.74 $314,549.59
136 $314,549.59 $1,559.06 $0.00 $1,778.51 $317,887.16
137 $317,887.16 $1,559.06 $0.00 $1,797.38 $321,243.60
138 $321,243.60 $1,559.06 $0.00 $1,816.36 $324,619.02
139 $324,619.02 $1,559.06 $0.00 $1,835.44 $328,013.52
140 $328,013.52 $1,559.06 $0.00 $1,854.64 $331,427.22
141 $331,427.22 $1,559.06 $0.00 $1,873.94 $334,860.22
142 $334,860.22 $1,559.06 $0.00 $1,893.35 $338,312.63
143 $338,312.63 $1,559.06 $0.00 $1,912.87 $341,784.56
144 $341,784.56 $1,559.06 $0.00 $1,932.50 $345,276.12
145 $345,276.12 $1,559.06 $0.00 $1,952.24 $348,787.42
146 $348,787.42 $1,559.06 $0.00 $1,972.09 $352,318.57
147 $352,318.57 $1,559.06 $0.00 $1,992.06 $355,869.69
148 $355,869.69 $1,559.06 $0.00 $2,012.14 $359,440.89
149 $359,440.89 $1,559.06 $0.00 $2,032.33 $363,032.28
150 $363,032.28 $1,559.06 $0.00 $2,052.64 $366,643.98
151 $366,643.98 $1,559.06 $0.00 $2,073.06 $370,276.10
152 $370,276.10 $1,559.06 $0.00 $2,093.59 $373,928.75
153 $373,928.75 $1,559.06 $0.00 $2,114.25 $377,602.06
154 $377,602.06 $1,559.06 $0.00 $2,135.02 $381,296.14
155 $381,296.14 $1,559.06 $0.00 $2,155.90 $385,011.10
156 $385,011.10 $1,559.06 $0.00 $2,176.91 $388,747.07
157 $388,747.07 $1,559.06 $0.00 $2,198.03 $392,504.16
158 $392,504.16 $1,559.06 $0.00 $2,219.28 $396,282.50
159 $396,282.50 $1,559.06 $0.00 $2,240.64 $400,082.20
160 $400,082.20 $1,559.06 $0.00 $2,262.12 $403,903.38
161 $403,903.38 $1,559.06 $0.00 $2,283.73 $407,746.17
162 $407,746.17 $1,559.06 $0.00 $2,305.46 $411,610.69
163 $411,610.69 $1,559.06 $0.00 $2,327.31 $415,497.06
164 $415,497.06 $1,559.06 $0.00 $2,349.28 $419,405.40
165 $419,405.40 $1,559.06 $0.00 $2,371.38 $423,335.84
166 $423,335.84 $1,559.06 $0.00 $2,393.60 $427,288.50
167 $427,288.50 $1,559.06 $0.00 $2,415.95 $431,263.51
168 $431,263.51 $1,559.06 $0.00 $2,438.43 $435,261.00
169 $435,261.00 $1,559.06 $0.00 $2,461.03 $439,281.09
170 $439,281.09 $1,559.06 $0.00 $2,483.76 $443,323.91
171 $443,323.91 $1,559.06 $0.00 $2,506.62 $447,389.59
172 $447,389.59 $1,559.06 $0.00 $2,529.61 $451,478.26
173 $451,478.26 $1,559.06 $0.00 $2,552.72 $455,590.04
174 $455,590.04 $1,559.06 $0.00 $2,575.97 $459,725.07
175 $459,725.07 $1,559.06 $0.00 $2,599.35 $463,883.48
176 $463,883.48 $1,559.06 $0.00 $2,622.86 $468,065.40
177 $468,065.40 $1,559.06 $0.00 $2,646.51 $472,270.97
178 $472,270.97 $1,559.06 $0.00 $2,670.29 $476,500.32
179 $476,500.32 $1,559.06 $0.00 $2,694.20 $480,753.58
180 $480,753.58 $1,559.06 $0.00 $2,718.25 $485,030.89
181 $485,030.89 $1,559.06 $0.00 $2,742.44 $489,332.39
182 $489,332.39 $1,559.06 $0.00 $2,766.76 $493,658.21
183 $493,658.21 $1,559.06 $0.00 $2,791.22 $498,008.49
184 $498,008.49 $1,559.06 $0.00 $2,815.81 $502,383.36
185 $502,383.36 $1,559.06 $0.00 $2,840.55 $506,782.97
186 $506,782.97 $1,559.06 $0.00 $2,865.42 $511,207.45
187 $511,207.45 $1,559.06 $0.00 $2,890.44 $515,656.95
188 $515,656.95 $1,559.06 $0.00 $2,915.60 $520,131.61
189 $520,131.61 $1,559.06 $0.00 $2,940.90 $524,631.57
190 $524,631.57 $1,559.06 $0.00 $2,966.34 $529,156.97
191 $529,156.97 $1,559.06 $0.00 $2,991.93 $533,707.96
192 $533,707.96 $1,559.06 $0.00 $3,017.66 $538,284.68
193 $538,284.68 $1,559.06 $0.00 $3,043.54 $542,887.28
194 $542,887.28 $1,559.06 $0.00 $3,069.56 $547,515.90
195 $547,515.90 $1,559.06 $0.00 $3,095.73 $552,170.69
196 $552,170.69 $1,559.06 $0.00 $3,122.05 $556,851.80
197 $556,851.80 $1,559.06 $0.00 $3,148.52 $561,559.38
198 $561,559.38 $1,559.06 $0.00 $3,175.14 $566,293.58
199 $566,293.58 $1,559.06 $0.00 $3,201.91 $571,054.55
200 $571,054.55 $1,559.06 $0.00 $3,228.83 $575,842.44
201 $575,842.44 $1,559.06 $0.00 $3,255.90 $580,657.40
202 $580,657.40 $1,559.06 $0.00 $3,283.12 $585,499.58
203 $585,499.58 $1,559.06 $0.00 $3,310.50 $590,369.14
204 $590,369.14 $1,559.06 $0.00 $3,338.03 $595,266.23
205 $595,266.23 $1,559.06 $0.00 $3,365.72 $600,191.01
206 $600,191.01 $1,559.06 $0.00 $3,393.57 $605,143.64
207 $605,143.64 $1,559.06 $0.00 $3,421.57 $610,124.27
208 $610,124.27 $1,559.06 $0.00 $3,449.73 $615,133.06
209 $615,133.06 $1,559.06 $0.00 $3,478.05 $620,170.17
210 $620,170.17 $1,559.06 $0.00 $3,506.53 $625,235.76
211 $625,235.76 $1,559.06 $0.00 $3,535.17 $630,329.99
212 $630,329.99 $1,559.06 $0.00 $3,563.98 $635,453.03
213 $635,453.03 $1,559.06 $0.00 $3,592.94 $640,605.03
214 $640,605.03 $1,559.06 $0.00 $3,622.07 $645,786.16
215 $645,786.16 $1,559.06 $0.00 $3,651.37 $650,996.59
216 $650,996.59 $1,559.06 $0.00 $3,680.83 $656,236.48
217 $656,236.48 $1,559.06 $182,782.73 $3,710.46 $478,723.27
218 $478,723.27 $1,559.06 $0.00 $2,706.77 $482,989.10
219 $482,989.10 $1,559.06 $0.00 $2,730.89 $487,279.05
220 $487,279.05 $1,559.06 $0.00 $2,755.15 $491,593.26
221 $491,593.26 $1,559.06 $0.00 $2,779.54 $495,931.86
222 $495,931.86 $1,559.06 $0.00 $2,804.07 $500,294.99
223 $500,294.99 $1,559.06 $0.00 $2,828.74 $504,682.79
224 $504,682.79 $1,559.06 $0.00 $2,853.55 $509,095.40
225 $509,095.40 $1,559.06 $0.00 $2,878.50 $513,532.96
226 $513,532.96 $1,559.06 $0.00 $2,903.59 $517,995.61
227 $517,995.61 $1,559.06 $0.00 $2,928.82 $522,483.49
228 $522,483.49 $1,559.06 $0.00 $2,954.20 $526,996.75
229 $526,996.75 $1,559.06 $191,921.87 $2,979.72 $339,613.66
230 $339,613.66 $1,559.06 $0.00 $1,920.23 $343,092.95
231 $343,092.95 $1,559.06 $0.00 $1,939.90 $346,591.91
232 $346,591.91 $1,559.06 $0.00 $1,959.68 $350,110.65
233 $350,110.65 $1,559.06 $0.00 $1,979.58 $353,649.29
234 $353,649.29 $1,559.06 $0.00 $1,999.58 $357,207.93
235 $357,207.93 $1,559.06 $0.00 $2,019.71 $360,786.70
236 $360,786.70 $1,559.06 $0.00 $2,039.94 $364,385.70
237 $364,385.70 $1,559.06 $0.00 $2,060.29 $368,005.05
238 $368,005.05 $1,559.06 $0.00 $2,080.75 $371,644.86
239 $371,644.86 $1,559.06 $0.00 $2,101.33 $375,305.25
240 $375,305.25 $1,559.06 $0.00 $2,122.03 $378,986.34
241 $378,986.34 $1,559.06 $201,517.96 $2,142.84 $181,170.28
242 $181,170.28 $1,559.06 $0.00 $1,024.36 $183,753.70
243 $183,753.70 $1,559.06 $0.00 $1,038.97 $186,351.73
244 $186,351.73 $1,559.06 $0.00 $1,053.66 $188,964.45
245 $188,964.45 $1,559.06 $0.00 $1,068.43 $191,591.94
246 $191,591.94 $1,559.06 $0.00 $1,083.29 $194,234.29
247 $194,234.29 $1,559.06 $0.00 $1,098.23 $196,891.58
248 $196,891.58 $1,559.06 $0.00 $1,113.25 $199,563.89
249 $199,563.89 $1,559.06 $0.00 $1,128.36 $202,251.31
250 $202,251.31 $1,559.06 $0.00 $1,143.56 $204,953.93
251 $204,953.93 $1,559.06 $0.00 $1,158.84 $207,671.83
252 $207,671.83 $1,559.06 $0.00 $1,174.21 $210,405.10
253 $210,405.10 $0.00 $211,593.86 $1,189.66 $0.90