Savings Plan and Future Cost Estimation for Regent University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$78,426
Monthly savings required$621

How much will it cost to send your child to Regent University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $313,705.49 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $620.82 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$30,243.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $620.82 $0.00 $0.00 $620.82
2 $620.82 $620.82 $0.00 $3.51 $1,245.15
3 $1,245.15 $620.82 $0.00 $7.04 $1,873.01
4 $1,873.01 $620.82 $0.00 $10.59 $2,504.42
5 $2,504.42 $620.82 $0.00 $14.16 $3,139.40
6 $3,139.40 $620.82 $0.00 $17.75 $3,777.97
7 $3,777.97 $620.82 $0.00 $21.36 $4,420.15
8 $4,420.15 $620.82 $0.00 $24.99 $5,065.96
9 $5,065.96 $620.82 $0.00 $28.64 $5,715.42
10 $5,715.42 $620.82 $0.00 $32.32 $6,368.56
11 $6,368.56 $620.82 $0.00 $36.01 $7,025.39
12 $7,025.39 $620.82 $0.00 $39.72 $7,685.93
13 $7,685.93 $620.82 $0.00 $43.46 $8,350.21
14 $8,350.21 $620.82 $0.00 $47.21 $9,018.24
15 $9,018.24 $620.82 $0.00 $50.99 $9,690.05
16 $9,690.05 $620.82 $0.00 $54.79 $10,365.66
17 $10,365.66 $620.82 $0.00 $58.61 $11,045.09
18 $11,045.09 $620.82 $0.00 $62.45 $11,728.36
19 $11,728.36 $620.82 $0.00 $66.31 $12,415.49
20 $12,415.49 $620.82 $0.00 $70.20 $13,106.51
21 $13,106.51 $620.82 $0.00 $74.11 $13,801.44
22 $13,801.44 $620.82 $0.00 $78.04 $14,500.30
23 $14,500.30 $620.82 $0.00 $81.99 $15,203.11
24 $15,203.11 $620.82 $0.00 $85.96 $15,909.89
25 $15,909.89 $620.82 $0.00 $89.96 $16,620.67
26 $16,620.67 $620.82 $0.00 $93.98 $17,335.47
27 $17,335.47 $620.82 $0.00 $98.02 $18,054.31
28 $18,054.31 $620.82 $0.00 $102.08 $18,777.21
29 $18,777.21 $620.82 $0.00 $106.17 $19,504.20
30 $19,504.20 $620.82 $0.00 $110.28 $20,235.30
31 $20,235.30 $620.82 $0.00 $114.41 $20,970.53
32 $20,970.53 $620.82 $0.00 $118.57 $21,709.92
33 $21,709.92 $620.82 $0.00 $122.75 $22,453.49
34 $22,453.49 $620.82 $0.00 $126.96 $23,201.27
35 $23,201.27 $620.82 $0.00 $131.18 $23,953.27
36 $23,953.27 $620.82 $0.00 $135.44 $24,709.53
37 $24,709.53 $620.82 $0.00 $139.71 $25,470.06
38 $25,470.06 $620.82 $0.00 $144.01 $26,234.89
39 $26,234.89 $620.82 $0.00 $148.34 $27,004.05
40 $27,004.05 $620.82 $0.00 $152.68 $27,777.55
41 $27,777.55 $620.82 $0.00 $157.06 $28,555.43
42 $28,555.43 $620.82 $0.00 $161.46 $29,337.71
43 $29,337.71 $620.82 $0.00 $165.88 $30,124.41
44 $30,124.41 $620.82 $0.00 $170.33 $30,915.56
45 $30,915.56 $620.82 $0.00 $174.80 $31,711.18
46 $31,711.18 $620.82 $0.00 $179.30 $32,511.30
47 $32,511.30 $620.82 $0.00 $183.82 $33,315.94
48 $33,315.94 $620.82 $0.00 $188.37 $34,125.13
49 $34,125.13 $620.82 $0.00 $192.95 $34,938.90
50 $34,938.90 $620.82 $0.00 $197.55 $35,757.27
51 $35,757.27 $620.82 $0.00 $202.18 $36,580.27
52 $36,580.27 $620.82 $0.00 $206.83 $37,407.92
53 $37,407.92 $620.82 $0.00 $211.51 $38,240.25
54 $38,240.25 $620.82 $0.00 $216.22 $39,077.29
55 $39,077.29 $620.82 $0.00 $220.95 $39,919.06
56 $39,919.06 $620.82 $0.00 $225.71 $40,765.59
57 $40,765.59 $620.82 $0.00 $230.49 $41,616.90
58 $41,616.90 $620.82 $0.00 $235.31 $42,473.03
59 $42,473.03 $620.82 $0.00 $240.15 $43,334.00
60 $43,334.00 $620.82 $0.00 $245.02 $44,199.84
61 $44,199.84 $620.82 $0.00 $249.91 $45,070.57
62 $45,070.57 $620.82 $0.00 $254.84 $45,946.23
63 $45,946.23 $620.82 $0.00 $259.79 $46,826.84
64 $46,826.84 $620.82 $0.00 $264.77 $47,712.43
65 $47,712.43 $620.82 $0.00 $269.77 $48,603.02
66 $48,603.02 $620.82 $0.00 $274.81 $49,498.65
67 $49,498.65 $620.82 $0.00 $279.87 $50,399.34
68 $50,399.34 $620.82 $0.00 $284.97 $51,305.13
69 $51,305.13 $620.82 $0.00 $290.09 $52,216.04
70 $52,216.04 $620.82 $0.00 $295.24 $53,132.10
71 $53,132.10 $620.82 $0.00 $300.42 $54,053.34
72 $54,053.34 $620.82 $0.00 $305.63 $54,979.79
73 $54,979.79 $620.82 $0.00 $310.86 $55,911.47
74 $55,911.47 $620.82 $0.00 $316.13 $56,848.42
75 $56,848.42 $620.82 $0.00 $321.43 $57,790.67
76 $57,790.67 $620.82 $0.00 $326.76 $58,738.25
77 $58,738.25 $620.82 $0.00 $332.11 $59,691.18
78 $59,691.18 $620.82 $0.00 $337.50 $60,649.50
79 $60,649.50 $620.82 $0.00 $342.92 $61,613.24
80 $61,613.24 $620.82 $0.00 $348.37 $62,582.43
81 $62,582.43 $620.82 $0.00 $353.85 $63,557.10
82 $63,557.10 $620.82 $0.00 $359.36 $64,537.28
83 $64,537.28 $620.82 $0.00 $364.90 $65,523.00
84 $65,523.00 $620.82 $0.00 $370.48 $66,514.30
85 $66,514.30 $620.82 $0.00 $376.08 $67,511.20
86 $67,511.20 $620.82 $0.00 $381.72 $68,513.74
87 $68,513.74 $620.82 $0.00 $387.39 $69,521.95
88 $69,521.95 $620.82 $0.00 $393.09 $70,535.86
89 $70,535.86 $620.82 $0.00 $398.82 $71,555.50
90 $71,555.50 $620.82 $0.00 $404.59 $72,580.91
91 $72,580.91 $620.82 $0.00 $410.38 $73,612.11
92 $73,612.11 $620.82 $0.00 $416.21 $74,649.14
93 $74,649.14 $620.82 $0.00 $422.08 $75,692.04
94 $75,692.04 $620.82 $0.00 $427.97 $76,740.83
95 $76,740.83 $620.82 $0.00 $433.90 $77,795.55
96 $77,795.55 $620.82 $0.00 $439.87 $78,856.24
97 $78,856.24 $620.82 $0.00 $445.86 $79,922.92
98 $79,922.92 $620.82 $0.00 $451.90 $80,995.64
99 $80,995.64 $620.82 $0.00 $457.96 $82,074.42
100 $82,074.42 $620.82 $0.00 $464.06 $83,159.30
101 $83,159.30 $620.82 $0.00 $470.19 $84,250.31
102 $84,250.31 $620.82 $0.00 $476.36 $85,347.49
103 $85,347.49 $620.82 $0.00 $482.57 $86,450.88
104 $86,450.88 $620.82 $0.00 $488.81 $87,560.51
105 $87,560.51 $620.82 $0.00 $495.08 $88,676.41
106 $88,676.41 $620.82 $0.00 $501.39 $89,798.62
107 $89,798.62 $620.82 $0.00 $507.73 $90,927.17
108 $90,927.17 $620.82 $0.00 $514.12 $92,062.11
109 $92,062.11 $620.82 $0.00 $520.53 $93,203.46
110 $93,203.46 $620.82 $0.00 $526.99 $94,351.27
111 $94,351.27 $620.82 $0.00 $533.48 $95,505.57
112 $95,505.57 $620.82 $0.00 $540.00 $96,666.39
113 $96,666.39 $620.82 $0.00 $546.57 $97,833.78
114 $97,833.78 $620.82 $0.00 $553.17 $99,007.77
115 $99,007.77 $620.82 $0.00 $559.80 $100,188.39
116 $100,188.39 $620.82 $0.00 $566.48 $101,375.69
117 $101,375.69 $620.82 $0.00 $573.19 $102,569.70
118 $102,569.70 $620.82 $0.00 $579.94 $103,770.46
119 $103,770.46 $620.82 $0.00 $586.73 $104,978.01
120 $104,978.01 $620.82 $0.00 $593.56 $106,192.39
121 $106,192.39 $620.82 $0.00 $600.43 $107,413.64
122 $107,413.64 $620.82 $0.00 $607.33 $108,641.79
123 $108,641.79 $620.82 $0.00 $614.28 $109,876.89
124 $109,876.89 $620.82 $0.00 $621.26 $111,118.97
125 $111,118.97 $620.82 $0.00 $628.28 $112,368.07
126 $112,368.07 $620.82 $0.00 $635.35 $113,624.24
127 $113,624.24 $620.82 $0.00 $642.45 $114,887.51
128 $114,887.51 $620.82 $0.00 $649.59 $116,157.92
129 $116,157.92 $620.82 $0.00 $656.77 $117,435.51
130 $117,435.51 $620.82 $0.00 $664.00 $118,720.33
131 $118,720.33 $620.82 $0.00 $671.26 $120,012.41
132 $120,012.41 $620.82 $0.00 $678.57 $121,311.80
133 $121,311.80 $620.82 $0.00 $685.91 $122,618.53
134 $122,618.53 $620.82 $0.00 $693.30 $123,932.65
135 $123,932.65 $620.82 $0.00 $700.73 $125,254.20
136 $125,254.20 $620.82 $0.00 $708.21 $126,583.23
137 $126,583.23 $620.82 $0.00 $715.72 $127,919.77
138 $127,919.77 $620.82 $0.00 $723.28 $129,263.87
139 $129,263.87 $620.82 $0.00 $730.88 $130,615.57
140 $130,615.57 $620.82 $0.00 $738.52 $131,974.91
141 $131,974.91 $620.82 $0.00 $746.21 $133,341.94
142 $133,341.94 $620.82 $0.00 $753.93 $134,716.69
143 $134,716.69 $620.82 $0.00 $761.71 $136,099.22
144 $136,099.22 $620.82 $0.00 $769.52 $137,489.56
145 $137,489.56 $620.82 $0.00 $777.39 $138,887.77
146 $138,887.77 $620.82 $0.00 $785.29 $140,293.88
147 $140,293.88 $620.82 $0.00 $793.24 $141,707.94
148 $141,707.94 $620.82 $0.00 $801.24 $143,130.00
149 $143,130.00 $620.82 $0.00 $809.28 $144,560.10
150 $144,560.10 $620.82 $0.00 $817.36 $145,998.28
151 $145,998.28 $620.82 $0.00 $825.50 $147,444.60
152 $147,444.60 $620.82 $0.00 $833.67 $148,899.09
153 $148,899.09 $620.82 $0.00 $841.90 $150,361.81
154 $150,361.81 $620.82 $0.00 $850.17 $151,832.80
155 $151,832.80 $620.82 $0.00 $858.48 $153,312.10
156 $153,312.10 $620.82 $0.00 $866.85 $154,799.77
157 $154,799.77 $620.82 $0.00 $875.26 $156,295.85
158 $156,295.85 $620.82 $0.00 $883.72 $157,800.39
159 $157,800.39 $620.82 $0.00 $892.23 $159,313.44
160 $159,313.44 $620.82 $0.00 $900.78 $160,835.04
161 $160,835.04 $620.82 $0.00 $909.38 $162,365.24
162 $162,365.24 $620.82 $0.00 $918.04 $163,904.10
163 $163,904.10 $620.82 $0.00 $926.74 $165,451.66
164 $165,451.66 $620.82 $0.00 $935.49 $167,007.97
165 $167,007.97 $620.82 $0.00 $944.29 $168,573.08
166 $168,573.08 $620.82 $0.00 $953.14 $170,147.04
167 $170,147.04 $620.82 $0.00 $962.04 $171,729.90
168 $171,729.90 $620.82 $0.00 $970.99 $173,321.71
169 $173,321.71 $620.82 $0.00 $979.99 $174,922.52
170 $174,922.52 $620.82 $0.00 $989.04 $176,532.38
171 $176,532.38 $620.82 $0.00 $998.14 $178,151.34
172 $178,151.34 $620.82 $0.00 $1,007.29 $179,779.45
173 $179,779.45 $620.82 $0.00 $1,016.50 $181,416.77
174 $181,416.77 $620.82 $0.00 $1,025.76 $183,063.35
175 $183,063.35 $620.82 $0.00 $1,035.07 $184,719.24
176 $184,719.24 $620.82 $0.00 $1,044.43 $186,384.49
177 $186,384.49 $620.82 $0.00 $1,053.85 $188,059.16
178 $188,059.16 $620.82 $0.00 $1,063.31 $189,743.29
179 $189,743.29 $620.82 $0.00 $1,072.84 $191,436.95
180 $191,436.95 $620.82 $0.00 $1,082.41 $193,140.18
181 $193,140.18 $620.82 $0.00 $1,092.04 $194,853.04
182 $194,853.04 $620.82 $0.00 $1,101.73 $196,575.59
183 $196,575.59 $620.82 $0.00 $1,111.47 $198,307.88
184 $198,307.88 $620.82 $0.00 $1,121.26 $200,049.96
185 $200,049.96 $620.82 $0.00 $1,131.11 $201,801.89
186 $201,801.89 $620.82 $0.00 $1,141.02 $203,563.73
187 $203,563.73 $620.82 $0.00 $1,150.98 $205,335.53
188 $205,335.53 $620.82 $0.00 $1,161.00 $207,117.35
189 $207,117.35 $620.82 $0.00 $1,171.07 $208,909.24
190 $208,909.24 $620.82 $0.00 $1,181.20 $210,711.26
191 $210,711.26 $620.82 $0.00 $1,191.39 $212,523.47
192 $212,523.47 $620.82 $0.00 $1,201.64 $214,345.93
193 $214,345.93 $620.82 $0.00 $1,211.94 $216,178.69
194 $216,178.69 $620.82 $0.00 $1,222.31 $218,021.82
195 $218,021.82 $620.82 $0.00 $1,232.73 $219,875.37
196 $219,875.37 $620.82 $0.00 $1,243.21 $221,739.40
197 $221,739.40 $620.82 $0.00 $1,253.75 $223,613.97
198 $223,613.97 $620.82 $0.00 $1,264.35 $225,499.14
199 $225,499.14 $620.82 $0.00 $1,275.00 $227,394.96
200 $227,394.96 $620.82 $0.00 $1,285.72 $229,301.50
201 $229,301.50 $620.82 $0.00 $1,296.50 $231,218.82
202 $231,218.82 $620.82 $0.00 $1,307.34 $233,146.98
203 $233,146.98 $620.82 $0.00 $1,318.25 $235,086.05
204 $235,086.05 $620.82 $0.00 $1,329.21 $237,036.08
205 $237,036.08 $620.82 $0.00 $1,340.24 $238,997.14
206 $238,997.14 $620.82 $0.00 $1,351.32 $240,969.28
207 $240,969.28 $620.82 $0.00 $1,362.48 $242,952.58
208 $242,952.58 $620.82 $0.00 $1,373.69 $244,947.09
209 $244,947.09 $620.82 $0.00 $1,384.97 $246,952.88
210 $246,952.88 $620.82 $0.00 $1,396.31 $248,970.01
211 $248,970.01 $620.82 $0.00 $1,407.71 $250,998.54
212 $250,998.54 $620.82 $0.00 $1,419.18 $253,038.54
213 $253,038.54 $620.82 $0.00 $1,430.72 $255,090.08
214 $255,090.08 $620.82 $0.00 $1,442.32 $257,153.22
215 $257,153.22 $620.82 $0.00 $1,453.98 $259,228.02
216 $259,228.02 $620.82 $0.00 $1,465.71 $261,314.55
217 $261,314.55 $620.82 $72,783.39 $1,477.51 $190,629.49
218 $190,629.49 $620.82 $0.00 $1,077.85 $192,328.16
219 $192,328.16 $620.82 $0.00 $1,087.45 $194,036.43
220 $194,036.43 $620.82 $0.00 $1,097.11 $195,754.36
221 $195,754.36 $620.82 $0.00 $1,106.82 $197,482.00
222 $197,482.00 $620.82 $0.00 $1,116.59 $199,219.41
223 $199,219.41 $620.82 $0.00 $1,126.42 $200,966.65
224 $200,966.65 $620.82 $0.00 $1,136.29 $202,723.76
225 $202,723.76 $620.82 $0.00 $1,146.23 $204,490.81
226 $204,490.81 $620.82 $0.00 $1,156.22 $206,267.85
227 $206,267.85 $620.82 $0.00 $1,166.27 $208,054.94
228 $208,054.94 $620.82 $0.00 $1,176.37 $209,852.13
229 $209,852.13 $620.82 $76,422.55 $1,186.53 $135,236.93
230 $135,236.93 $620.82 $0.00 $764.65 $136,622.40
231 $136,622.40 $620.82 $0.00 $772.48 $138,015.70
232 $138,015.70 $620.82 $0.00 $780.36 $139,416.88
233 $139,416.88 $620.82 $0.00 $788.28 $140,825.98
234 $140,825.98 $620.82 $0.00 $796.25 $142,243.05
235 $142,243.05 $620.82 $0.00 $804.26 $143,668.13
236 $143,668.13 $620.82 $0.00 $812.32 $145,101.27
237 $145,101.27 $620.82 $0.00 $820.42 $146,542.51
238 $146,542.51 $620.82 $0.00 $828.57 $147,991.90
239 $147,991.90 $620.82 $0.00 $836.77 $149,449.49
240 $149,449.49 $620.82 $0.00 $845.01 $150,915.32
241 $150,915.32 $620.82 $80,243.68 $853.30 $72,145.76
242 $72,145.76 $620.82 $0.00 $407.92 $73,174.50
243 $73,174.50 $620.82 $0.00 $413.74 $74,209.06
244 $74,209.06 $620.82 $0.00 $419.59 $75,249.47
245 $75,249.47 $620.82 $0.00 $425.47 $76,295.76
246 $76,295.76 $620.82 $0.00 $431.39 $77,347.97
247 $77,347.97 $620.82 $0.00 $437.34 $78,406.13
248 $78,406.13 $620.82 $0.00 $443.32 $79,470.27
249 $79,470.27 $620.82 $0.00 $449.34 $80,540.43
250 $80,540.43 $620.82 $0.00 $455.39 $81,616.64
251 $81,616.64 $620.82 $0.00 $461.47 $82,698.93
252 $82,698.93 $620.82 $0.00 $467.59 $83,787.34
253 $83,787.34 $0.00 $84,255.87 $473.75 $5.22