Savings Plan and Future Cost Estimation for Eastern Washington University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$65,396
Monthly savings required$518

How much will it cost to send your child to Eastern Washington University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $261,582.02 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $517.66 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$25,218.00
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 $517.66 $0.00 $0.00 $517.66
2 $517.66 $517.66 $0.00 $2.93 $1,038.25
3 $1,038.25 $517.66 $0.00 $5.87 $1,561.78
4 $1,561.78 $517.66 $0.00 $8.83 $2,088.27
5 $2,088.27 $517.66 $0.00 $11.81 $2,617.74
6 $2,617.74 $517.66 $0.00 $14.80 $3,150.20
7 $3,150.20 $517.66 $0.00 $17.81 $3,685.67
8 $3,685.67 $517.66 $0.00 $20.84 $4,224.17
9 $4,224.17 $517.66 $0.00 $23.88 $4,765.71
10 $4,765.71 $517.66 $0.00 $26.95 $5,310.32
11 $5,310.32 $517.66 $0.00 $30.03 $5,858.01
12 $5,858.01 $517.66 $0.00 $33.12 $6,408.79
13 $6,408.79 $517.66 $0.00 $36.24 $6,962.69
14 $6,962.69 $517.66 $0.00 $39.37 $7,519.72
15 $7,519.72 $517.66 $0.00 $42.52 $8,079.90
16 $8,079.90 $517.66 $0.00 $45.68 $8,643.24
17 $8,643.24 $517.66 $0.00 $48.87 $9,209.77
18 $9,209.77 $517.66 $0.00 $52.07 $9,779.50
19 $9,779.50 $517.66 $0.00 $55.29 $10,352.45
20 $10,352.45 $517.66 $0.00 $58.53 $10,928.64
21 $10,928.64 $517.66 $0.00 $61.79 $11,508.09
22 $11,508.09 $517.66 $0.00 $65.07 $12,090.82
23 $12,090.82 $517.66 $0.00 $68.36 $12,676.84
24 $12,676.84 $517.66 $0.00 $71.68 $13,266.18
25 $13,266.18 $517.66 $0.00 $75.01 $13,858.85
26 $13,858.85 $517.66 $0.00 $78.36 $14,454.87
27 $14,454.87 $517.66 $0.00 $81.73 $15,054.26
28 $15,054.26 $517.66 $0.00 $85.12 $15,657.04
29 $15,657.04 $517.66 $0.00 $88.53 $16,263.23
30 $16,263.23 $517.66 $0.00 $91.95 $16,872.84
31 $16,872.84 $517.66 $0.00 $95.40 $17,485.90
32 $17,485.90 $517.66 $0.00 $98.87 $18,102.43
33 $18,102.43 $517.66 $0.00 $102.35 $18,722.44
34 $18,722.44 $517.66 $0.00 $105.86 $19,345.96
35 $19,345.96 $517.66 $0.00 $109.38 $19,973.00
36 $19,973.00 $517.66 $0.00 $112.93 $20,603.59
37 $20,603.59 $517.66 $0.00 $116.50 $21,237.75
38 $21,237.75 $517.66 $0.00 $120.08 $21,875.49
39 $21,875.49 $517.66 $0.00 $123.69 $22,516.84
40 $22,516.84 $517.66 $0.00 $127.31 $23,161.81
41 $23,161.81 $517.66 $0.00 $130.96 $23,810.43
42 $23,810.43 $517.66 $0.00 $134.63 $24,462.72
43 $24,462.72 $517.66 $0.00 $138.32 $25,118.70
44 $25,118.70 $517.66 $0.00 $142.02 $25,778.38
45 $25,778.38 $517.66 $0.00 $145.75 $26,441.79
46 $26,441.79 $517.66 $0.00 $149.51 $27,108.96
47 $27,108.96 $517.66 $0.00 $153.28 $27,779.90
48 $27,779.90 $517.66 $0.00 $157.07 $28,454.63
49 $28,454.63 $517.66 $0.00 $160.89 $29,133.18
50 $29,133.18 $517.66 $0.00 $164.72 $29,815.56
51 $29,815.56 $517.66 $0.00 $168.58 $30,501.80
52 $30,501.80 $517.66 $0.00 $172.46 $31,191.92
53 $31,191.92 $517.66 $0.00 $176.36 $31,885.94
54 $31,885.94 $517.66 $0.00 $180.29 $32,583.89
55 $32,583.89 $517.66 $0.00 $184.23 $33,285.78
56 $33,285.78 $517.66 $0.00 $188.20 $33,991.64
57 $33,991.64 $517.66 $0.00 $192.19 $34,701.49
58 $34,701.49 $517.66 $0.00 $196.21 $35,415.36
59 $35,415.36 $517.66 $0.00 $200.24 $36,133.26
60 $36,133.26 $517.66 $0.00 $204.30 $36,855.22
61 $36,855.22 $517.66 $0.00 $208.38 $37,581.26
62 $37,581.26 $517.66 $0.00 $212.49 $38,311.41
63 $38,311.41 $517.66 $0.00 $216.62 $39,045.69
64 $39,045.69 $517.66 $0.00 $220.77 $39,784.12
65 $39,784.12 $517.66 $0.00 $224.95 $40,526.73
66 $40,526.73 $517.66 $0.00 $229.14 $41,273.53
67 $41,273.53 $517.66 $0.00 $233.37 $42,024.56
68 $42,024.56 $517.66 $0.00 $237.61 $42,779.83
69 $42,779.83 $517.66 $0.00 $241.88 $43,539.37
70 $43,539.37 $517.66 $0.00 $246.18 $44,303.21
71 $44,303.21 $517.66 $0.00 $250.50 $45,071.37
72 $45,071.37 $517.66 $0.00 $254.84 $45,843.87
73 $45,843.87 $517.66 $0.00 $259.21 $46,620.74
74 $46,620.74 $517.66 $0.00 $263.60 $47,402.00
75 $47,402.00 $517.66 $0.00 $268.02 $48,187.68
76 $48,187.68 $517.66 $0.00 $272.46 $48,977.80
77 $48,977.80 $517.66 $0.00 $276.93 $49,772.39
78 $49,772.39 $517.66 $0.00 $281.42 $50,571.47
79 $50,571.47 $517.66 $0.00 $285.94 $51,375.07
80 $51,375.07 $517.66 $0.00 $290.48 $52,183.21
81 $52,183.21 $517.66 $0.00 $295.05 $52,995.92
82 $52,995.92 $517.66 $0.00 $299.65 $53,813.23
83 $53,813.23 $517.66 $0.00 $304.27 $54,635.16
84 $54,635.16 $517.66 $0.00 $308.92 $55,461.74
85 $55,461.74 $517.66 $0.00 $313.59 $56,292.99
86 $56,292.99 $517.66 $0.00 $318.29 $57,128.94
87 $57,128.94 $517.66 $0.00 $323.02 $57,969.62
88 $57,969.62 $517.66 $0.00 $327.77 $58,815.05
89 $58,815.05 $517.66 $0.00 $332.55 $59,665.26
90 $59,665.26 $517.66 $0.00 $337.36 $60,520.28
91 $60,520.28 $517.66 $0.00 $342.19 $61,380.13
92 $61,380.13 $517.66 $0.00 $347.05 $62,244.84
93 $62,244.84 $517.66 $0.00 $351.94 $63,114.44
94 $63,114.44 $517.66 $0.00 $356.86 $63,988.96
95 $63,988.96 $517.66 $0.00 $361.80 $64,868.42
96 $64,868.42 $517.66 $0.00 $366.78 $65,752.86
97 $65,752.86 $517.66 $0.00 $371.78 $66,642.30
98 $66,642.30 $517.66 $0.00 $376.81 $67,536.77
99 $67,536.77 $517.66 $0.00 $381.86 $68,436.29
100 $68,436.29 $517.66 $0.00 $386.95 $69,340.90
101 $69,340.90 $517.66 $0.00 $392.06 $70,250.62
102 $70,250.62 $517.66 $0.00 $397.21 $71,165.49
103 $71,165.49 $517.66 $0.00 $402.38 $72,085.53
104 $72,085.53 $517.66 $0.00 $407.58 $73,010.77
105 $73,010.77 $517.66 $0.00 $412.81 $73,941.24
106 $73,941.24 $517.66 $0.00 $418.07 $74,876.97
107 $74,876.97 $517.66 $0.00 $423.37 $75,818.00
108 $75,818.00 $517.66 $0.00 $428.69 $76,764.35
109 $76,764.35 $517.66 $0.00 $434.04 $77,716.05
110 $77,716.05 $517.66 $0.00 $439.42 $78,673.13
111 $78,673.13 $517.66 $0.00 $444.83 $79,635.62
112 $79,635.62 $517.66 $0.00 $450.27 $80,603.55
113 $80,603.55 $517.66 $0.00 $455.74 $81,576.95
114 $81,576.95 $517.66 $0.00 $461.25 $82,555.86
115 $82,555.86 $517.66 $0.00 $466.78 $83,540.30
116 $83,540.30 $517.66 $0.00 $472.35 $84,530.31
117 $84,530.31 $517.66 $0.00 $477.95 $85,525.92
118 $85,525.92 $517.66 $0.00 $483.58 $86,527.16
119 $86,527.16 $517.66 $0.00 $489.24 $87,534.06
120 $87,534.06 $517.66 $0.00 $494.93 $88,546.65
121 $88,546.65 $517.66 $0.00 $500.66 $89,564.97
122 $89,564.97 $517.66 $0.00 $506.41 $90,589.04
123 $90,589.04 $517.66 $0.00 $512.20 $91,618.90
124 $91,618.90 $517.66 $0.00 $518.03 $92,654.59
125 $92,654.59 $517.66 $0.00 $523.88 $93,696.13
126 $93,696.13 $517.66 $0.00 $529.77 $94,743.56
127 $94,743.56 $517.66 $0.00 $535.69 $95,796.91
128 $95,796.91 $517.66 $0.00 $541.65 $96,856.22
129 $96,856.22 $517.66 $0.00 $547.64 $97,921.52
130 $97,921.52 $517.66 $0.00 $553.66 $98,992.84
131 $98,992.84 $517.66 $0.00 $559.72 $100,070.22
132 $100,070.22 $517.66 $0.00 $565.81 $101,153.69
133 $101,153.69 $517.66 $0.00 $571.94 $102,243.29
134 $102,243.29 $517.66 $0.00 $578.10 $103,339.05
135 $103,339.05 $517.66 $0.00 $584.29 $104,441.00
136 $104,441.00 $517.66 $0.00 $590.52 $105,549.18
137 $105,549.18 $517.66 $0.00 $596.79 $106,663.63
138 $106,663.63 $517.66 $0.00 $603.09 $107,784.38
139 $107,784.38 $517.66 $0.00 $609.43 $108,911.47
140 $108,911.47 $517.66 $0.00 $615.80 $110,044.93
141 $110,044.93 $517.66 $0.00 $622.21 $111,184.80
142 $111,184.80 $517.66 $0.00 $628.66 $112,331.12
143 $112,331.12 $517.66 $0.00 $635.14 $113,483.92
144 $113,483.92 $517.66 $0.00 $641.65 $114,643.23
145 $114,643.23 $517.66 $0.00 $648.21 $115,809.10
146 $115,809.10 $517.66 $0.00 $654.80 $116,981.56
147 $116,981.56 $517.66 $0.00 $661.43 $118,160.65
148 $118,160.65 $517.66 $0.00 $668.10 $119,346.41
149 $119,346.41 $517.66 $0.00 $674.80 $120,538.87
150 $120,538.87 $517.66 $0.00 $681.54 $121,738.07
151 $121,738.07 $517.66 $0.00 $688.32 $122,944.05
152 $122,944.05 $517.66 $0.00 $695.14 $124,156.85
153 $124,156.85 $517.66 $0.00 $702.00 $125,376.51
154 $125,376.51 $517.66 $0.00 $708.90 $126,603.07
155 $126,603.07 $517.66 $0.00 $715.83 $127,836.56
156 $127,836.56 $517.66 $0.00 $722.81 $129,077.03
157 $129,077.03 $517.66 $0.00 $729.82 $130,324.51
158 $130,324.51 $517.66 $0.00 $736.87 $131,579.04
159 $131,579.04 $517.66 $0.00 $743.97 $132,840.67
160 $132,840.67 $517.66 $0.00 $751.10 $134,109.43
161 $134,109.43 $517.66 $0.00 $758.27 $135,385.36
162 $135,385.36 $517.66 $0.00 $765.49 $136,668.51
163 $136,668.51 $517.66 $0.00 $772.74 $137,958.91
164 $137,958.91 $517.66 $0.00 $780.04 $139,256.61
165 $139,256.61 $517.66 $0.00 $787.38 $140,561.65
166 $140,561.65 $517.66 $0.00 $794.76 $141,874.07
167 $141,874.07 $517.66 $0.00 $802.18 $143,193.91
168 $143,193.91 $517.66 $0.00 $809.64 $144,521.21
169 $144,521.21 $517.66 $0.00 $817.14 $145,856.01
170 $145,856.01 $517.66 $0.00 $824.69 $147,198.36
171 $147,198.36 $517.66 $0.00 $832.28 $148,548.30
172 $148,548.30 $517.66 $0.00 $839.91 $149,905.87
173 $149,905.87 $517.66 $0.00 $847.59 $151,271.12
174 $151,271.12 $517.66 $0.00 $855.31 $152,644.09
175 $152,644.09 $517.66 $0.00 $863.07 $154,024.82
176 $154,024.82 $517.66 $0.00 $870.88 $155,413.36
177 $155,413.36 $517.66 $0.00 $878.73 $156,809.75
178 $156,809.75 $517.66 $0.00 $886.63 $158,214.04
179 $158,214.04 $517.66 $0.00 $894.57 $159,626.27
180 $159,626.27 $517.66 $0.00 $902.55 $161,046.48
181 $161,046.48 $517.66 $0.00 $910.58 $162,474.72
182 $162,474.72 $517.66 $0.00 $918.66 $163,911.04
183 $163,911.04 $517.66 $0.00 $926.78 $165,355.48
184 $165,355.48 $517.66 $0.00 $934.94 $166,808.08
185 $166,808.08 $517.66 $0.00 $943.16 $168,268.90
186 $168,268.90 $517.66 $0.00 $951.42 $169,737.98
187 $169,737.98 $517.66 $0.00 $959.72 $171,215.36
188 $171,215.36 $517.66 $0.00 $968.08 $172,701.10
189 $172,701.10 $517.66 $0.00 $976.48 $174,195.24
190 $174,195.24 $517.66 $0.00 $984.93 $175,697.83
191 $175,697.83 $517.66 $0.00 $993.42 $177,208.91
192 $177,208.91 $517.66 $0.00 $1,001.96 $178,728.53
193 $178,728.53 $517.66 $0.00 $1,010.56 $180,256.75
194 $180,256.75 $517.66 $0.00 $1,019.20 $181,793.61
195 $181,793.61 $517.66 $0.00 $1,027.89 $183,339.16
196 $183,339.16 $517.66 $0.00 $1,036.63 $184,893.45
197 $184,893.45 $517.66 $0.00 $1,045.41 $186,456.52
198 $186,456.52 $517.66 $0.00 $1,054.25 $188,028.43
199 $188,028.43 $517.66 $0.00 $1,063.14 $189,609.23
200 $189,609.23 $517.66 $0.00 $1,072.08 $191,198.97
201 $191,198.97 $517.66 $0.00 $1,081.07 $192,797.70
202 $192,797.70 $517.66 $0.00 $1,090.11 $194,405.47
203 $194,405.47 $517.66 $0.00 $1,099.20 $196,022.33
204 $196,022.33 $517.66 $0.00 $1,108.34 $197,648.33
205 $197,648.33 $517.66 $0.00 $1,117.53 $199,283.52
206 $199,283.52 $517.66 $0.00 $1,126.78 $200,927.96
207 $200,927.96 $517.66 $0.00 $1,136.08 $202,581.70
208 $202,581.70 $517.66 $0.00 $1,145.43 $204,244.79
209 $204,244.79 $517.66 $0.00 $1,154.83 $205,917.28
210 $205,917.28 $517.66 $0.00 $1,164.29 $207,599.23
211 $207,599.23 $517.66 $0.00 $1,173.80 $209,290.69
212 $209,290.69 $517.66 $0.00 $1,183.36 $210,991.71
213 $210,991.71 $517.66 $0.00 $1,192.98 $212,702.35
214 $212,702.35 $517.66 $0.00 $1,202.65 $214,422.66
215 $214,422.66 $517.66 $0.00 $1,212.38 $216,152.70
216 $216,152.70 $517.66 $0.00 $1,222.16 $217,892.52
217 $217,892.52 $517.66 $60,690.12 $1,232.00 $158,952.06
218 $158,952.06 $517.66 $0.00 $898.74 $160,368.46
219 $160,368.46 $517.66 $0.00 $906.75 $161,792.87
220 $161,792.87 $517.66 $0.00 $914.80 $163,225.33
221 $163,225.33 $517.66 $0.00 $922.90 $164,665.89
222 $164,665.89 $517.66 $0.00 $931.04 $166,114.59
223 $166,114.59 $517.66 $0.00 $939.24 $167,571.49
224 $167,571.49 $517.66 $0.00 $947.47 $169,036.62
225 $169,036.62 $517.66 $0.00 $955.76 $170,510.04
226 $170,510.04 $517.66 $0.00 $964.09 $171,991.79
227 $171,991.79 $517.66 $0.00 $972.47 $173,481.92
228 $173,481.92 $517.66 $0.00 $980.89 $174,980.47
229 $174,980.47 $517.66 $63,724.63 $989.37 $112,762.87
230 $112,762.87 $517.66 $0.00 $637.58 $113,918.11
231 $113,918.11 $517.66 $0.00 $644.11 $115,079.88
232 $115,079.88 $517.66 $0.00 $650.68 $116,248.22
233 $116,248.22 $517.66 $0.00 $657.28 $117,423.16
234 $117,423.16 $517.66 $0.00 $663.93 $118,604.75
235 $118,604.75 $517.66 $0.00 $670.61 $119,793.02
236 $119,793.02 $517.66 $0.00 $677.33 $120,988.01
237 $120,988.01 $517.66 $0.00 $684.08 $122,189.75
238 $122,189.75 $517.66 $0.00 $690.88 $123,398.29
239 $123,398.29 $517.66 $0.00 $697.71 $124,613.66
240 $124,613.66 $517.66 $0.00 $704.58 $125,835.90
241 $125,835.90 $517.66 $66,910.86 $711.49 $60,154.19
242 $60,154.19 $517.66 $0.00 $340.12 $61,011.97
243 $61,011.97 $517.66 $0.00 $344.97 $61,874.60
244 $61,874.60 $517.66 $0.00 $349.85 $62,742.11
245 $62,742.11 $517.66 $0.00 $354.75 $63,614.52
246 $63,614.52 $517.66 $0.00 $359.69 $64,491.87
247 $64,491.87 $517.66 $0.00 $364.65 $65,374.18
248 $65,374.18 $517.66 $0.00 $369.64 $66,261.48
249 $66,261.48 $517.66 $0.00 $374.65 $67,153.79
250 $67,153.79 $517.66 $0.00 $379.70 $68,051.15
251 $68,051.15 $517.66 $0.00 $384.77 $68,953.58
252 $68,953.58 $517.66 $0.00 $389.87 $69,861.11
253 $69,861.11 $0.00 $70,256.40 $395.00 ($0.29)