Savings Plan and Future Cost Estimation for Seattle Community College South Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$49,102
Monthly savings required$389

How much will it cost to send your child to Seattle Community College South Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $196,409.53 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $388.68 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$18,935.00
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 $388.68 $0.00 $0.00 $388.68
2 $388.68 $388.68 $0.00 $2.20 $779.56
3 $779.56 $388.68 $0.00 $4.41 $1,172.65
4 $1,172.65 $388.68 $0.00 $6.63 $1,567.96
5 $1,567.96 $388.68 $0.00 $8.87 $1,965.51
6 $1,965.51 $388.68 $0.00 $11.11 $2,365.30
7 $2,365.30 $388.68 $0.00 $13.37 $2,767.35
8 $2,767.35 $388.68 $0.00 $15.65 $3,171.68
9 $3,171.68 $388.68 $0.00 $17.93 $3,578.29
10 $3,578.29 $388.68 $0.00 $20.23 $3,987.20
11 $3,987.20 $388.68 $0.00 $22.54 $4,398.42
12 $4,398.42 $388.68 $0.00 $24.87 $4,811.97
13 $4,811.97 $388.68 $0.00 $27.21 $5,227.86
14 $5,227.86 $388.68 $0.00 $29.56 $5,646.10
15 $5,646.10 $388.68 $0.00 $31.92 $6,066.70
16 $6,066.70 $388.68 $0.00 $34.30 $6,489.68
17 $6,489.68 $388.68 $0.00 $36.69 $6,915.05
18 $6,915.05 $388.68 $0.00 $39.10 $7,342.83
19 $7,342.83 $388.68 $0.00 $41.52 $7,773.03
20 $7,773.03 $388.68 $0.00 $43.95 $8,205.66
21 $8,205.66 $388.68 $0.00 $46.40 $8,640.74
22 $8,640.74 $388.68 $0.00 $48.86 $9,078.28
23 $9,078.28 $388.68 $0.00 $51.33 $9,518.29
24 $9,518.29 $388.68 $0.00 $53.82 $9,960.79
25 $9,960.79 $388.68 $0.00 $56.32 $10,405.79
26 $10,405.79 $388.68 $0.00 $58.84 $10,853.31
27 $10,853.31 $388.68 $0.00 $61.37 $11,303.36
28 $11,303.36 $388.68 $0.00 $63.91 $11,755.95
29 $11,755.95 $388.68 $0.00 $66.47 $12,211.10
30 $12,211.10 $388.68 $0.00 $69.04 $12,668.82
31 $12,668.82 $388.68 $0.00 $71.63 $13,129.13
32 $13,129.13 $388.68 $0.00 $74.23 $13,592.04
33 $13,592.04 $388.68 $0.00 $76.85 $14,057.57
34 $14,057.57 $388.68 $0.00 $79.48 $14,525.73
35 $14,525.73 $388.68 $0.00 $82.13 $14,996.54
36 $14,996.54 $388.68 $0.00 $84.79 $15,470.01
37 $15,470.01 $388.68 $0.00 $87.47 $15,946.16
38 $15,946.16 $388.68 $0.00 $90.16 $16,425.00
39 $16,425.00 $388.68 $0.00 $92.87 $16,906.55
40 $16,906.55 $388.68 $0.00 $95.59 $17,390.82
41 $17,390.82 $388.68 $0.00 $98.33 $17,877.83
42 $17,877.83 $388.68 $0.00 $101.08 $18,367.59
43 $18,367.59 $388.68 $0.00 $103.85 $18,860.12
44 $18,860.12 $388.68 $0.00 $106.64 $19,355.44
45 $19,355.44 $388.68 $0.00 $109.44 $19,853.56
46 $19,853.56 $388.68 $0.00 $112.25 $20,354.49
47 $20,354.49 $388.68 $0.00 $115.09 $20,858.26
48 $20,858.26 $388.68 $0.00 $117.94 $21,364.88
49 $21,364.88 $388.68 $0.00 $120.80 $21,874.36
50 $21,874.36 $388.68 $0.00 $123.68 $22,386.72
51 $22,386.72 $388.68 $0.00 $126.58 $22,901.98
52 $22,901.98 $388.68 $0.00 $129.49 $23,420.15
53 $23,420.15 $388.68 $0.00 $132.42 $23,941.25
54 $23,941.25 $388.68 $0.00 $135.37 $24,465.30
55 $24,465.30 $388.68 $0.00 $138.33 $24,992.31
56 $24,992.31 $388.68 $0.00 $141.31 $25,522.30
57 $25,522.30 $388.68 $0.00 $144.31 $26,055.29
58 $26,055.29 $388.68 $0.00 $147.32 $26,591.29
59 $26,591.29 $388.68 $0.00 $150.35 $27,130.32
60 $27,130.32 $388.68 $0.00 $153.40 $27,672.40
61 $27,672.40 $388.68 $0.00 $156.46 $28,217.54
62 $28,217.54 $388.68 $0.00 $159.55 $28,765.77
63 $28,765.77 $388.68 $0.00 $162.65 $29,317.10
64 $29,317.10 $388.68 $0.00 $165.76 $29,871.54
65 $29,871.54 $388.68 $0.00 $168.90 $30,429.12
66 $30,429.12 $388.68 $0.00 $172.05 $30,989.85
67 $30,989.85 $388.68 $0.00 $175.22 $31,553.75
68 $31,553.75 $388.68 $0.00 $178.41 $32,120.84
69 $32,120.84 $388.68 $0.00 $181.62 $32,691.14
70 $32,691.14 $388.68 $0.00 $184.84 $33,264.66
71 $33,264.66 $388.68 $0.00 $188.08 $33,841.42
72 $33,841.42 $388.68 $0.00 $191.34 $34,421.44
73 $34,421.44 $388.68 $0.00 $194.62 $35,004.74
74 $35,004.74 $388.68 $0.00 $197.92 $35,591.34
75 $35,591.34 $388.68 $0.00 $201.24 $36,181.26
76 $36,181.26 $388.68 $0.00 $204.57 $36,774.51
77 $36,774.51 $388.68 $0.00 $207.93 $37,371.12
78 $37,371.12 $388.68 $0.00 $211.30 $37,971.10
79 $37,971.10 $388.68 $0.00 $214.69 $38,574.47
80 $38,574.47 $388.68 $0.00 $218.11 $39,181.26
81 $39,181.26 $388.68 $0.00 $221.54 $39,791.48
82 $39,791.48 $388.68 $0.00 $224.99 $40,405.15
83 $40,405.15 $388.68 $0.00 $228.46 $41,022.29
84 $41,022.29 $388.68 $0.00 $231.95 $41,642.92
85 $41,642.92 $388.68 $0.00 $235.46 $42,267.06
86 $42,267.06 $388.68 $0.00 $238.98 $42,894.72
87 $42,894.72 $388.68 $0.00 $242.53 $43,525.93
88 $43,525.93 $388.68 $0.00 $246.10 $44,160.71
89 $44,160.71 $388.68 $0.00 $249.69 $44,799.08
90 $44,799.08 $388.68 $0.00 $253.30 $45,441.06
91 $45,441.06 $388.68 $0.00 $256.93 $46,086.67
92 $46,086.67 $388.68 $0.00 $260.58 $46,735.93
93 $46,735.93 $388.68 $0.00 $264.25 $47,388.86
94 $47,388.86 $388.68 $0.00 $267.94 $48,045.48
95 $48,045.48 $388.68 $0.00 $271.66 $48,705.82
96 $48,705.82 $388.68 $0.00 $275.39 $49,369.89
97 $49,369.89 $388.68 $0.00 $279.14 $50,037.71
98 $50,037.71 $388.68 $0.00 $282.92 $50,709.31
99 $50,709.31 $388.68 $0.00 $286.72 $51,384.71
100 $51,384.71 $388.68 $0.00 $290.54 $52,063.93
101 $52,063.93 $388.68 $0.00 $294.38 $52,746.99
102 $52,746.99 $388.68 $0.00 $298.24 $53,433.91
103 $53,433.91 $388.68 $0.00 $302.12 $54,124.71
104 $54,124.71 $388.68 $0.00 $306.03 $54,819.42
105 $54,819.42 $388.68 $0.00 $309.96 $55,518.06
106 $55,518.06 $388.68 $0.00 $313.91 $56,220.65
107 $56,220.65 $388.68 $0.00 $317.88 $56,927.21
108 $56,927.21 $388.68 $0.00 $321.87 $57,637.76
109 $57,637.76 $388.68 $0.00 $325.89 $58,352.33
110 $58,352.33 $388.68 $0.00 $329.93 $59,070.94
111 $59,070.94 $388.68 $0.00 $334.00 $59,793.62
112 $59,793.62 $388.68 $0.00 $338.08 $60,520.38
113 $60,520.38 $388.68 $0.00 $342.19 $61,251.25
114 $61,251.25 $388.68 $0.00 $346.32 $61,986.25
115 $61,986.25 $388.68 $0.00 $350.48 $62,725.41
116 $62,725.41 $388.68 $0.00 $354.66 $63,468.75
117 $63,468.75 $388.68 $0.00 $358.86 $64,216.29
118 $64,216.29 $388.68 $0.00 $363.09 $64,968.06
119 $64,968.06 $388.68 $0.00 $367.34 $65,724.08
120 $65,724.08 $388.68 $0.00 $371.61 $66,484.37
121 $66,484.37 $388.68 $0.00 $375.91 $67,248.96
122 $67,248.96 $388.68 $0.00 $380.24 $68,017.88
123 $68,017.88 $388.68 $0.00 $384.58 $68,791.14
124 $68,791.14 $388.68 $0.00 $388.96 $69,568.78
125 $69,568.78 $388.68 $0.00 $393.35 $70,350.81
126 $70,350.81 $388.68 $0.00 $397.77 $71,137.26
127 $71,137.26 $388.68 $0.00 $402.22 $71,928.16
128 $71,928.16 $388.68 $0.00 $406.69 $72,723.53
129 $72,723.53 $388.68 $0.00 $411.19 $73,523.40
130 $73,523.40 $388.68 $0.00 $415.71 $74,327.79
131 $74,327.79 $388.68 $0.00 $420.26 $75,136.73
132 $75,136.73 $388.68 $0.00 $424.83 $75,950.24
133 $75,950.24 $388.68 $0.00 $429.43 $76,768.35
134 $76,768.35 $388.68 $0.00 $434.06 $77,591.09
135 $77,591.09 $388.68 $0.00 $438.71 $78,418.48
136 $78,418.48 $388.68 $0.00 $443.39 $79,250.55
137 $79,250.55 $388.68 $0.00 $448.09 $80,087.32
138 $80,087.32 $388.68 $0.00 $452.83 $80,928.83
139 $80,928.83 $388.68 $0.00 $457.58 $81,775.09
140 $81,775.09 $388.68 $0.00 $462.37 $82,626.14
141 $82,626.14 $388.68 $0.00 $467.18 $83,482.00
142 $83,482.00 $388.68 $0.00 $472.02 $84,342.70
143 $84,342.70 $388.68 $0.00 $476.89 $85,208.27
144 $85,208.27 $388.68 $0.00 $481.78 $86,078.73
145 $86,078.73 $388.68 $0.00 $486.70 $86,954.11
146 $86,954.11 $388.68 $0.00 $491.65 $87,834.44
147 $87,834.44 $388.68 $0.00 $496.63 $88,719.75
148 $88,719.75 $388.68 $0.00 $501.63 $89,610.06
149 $89,610.06 $388.68 $0.00 $506.67 $90,505.41
150 $90,505.41 $388.68 $0.00 $511.73 $91,405.82
151 $91,405.82 $388.68 $0.00 $516.82 $92,311.32
152 $92,311.32 $388.68 $0.00 $521.94 $93,221.94
153 $93,221.94 $388.68 $0.00 $527.09 $94,137.71
154 $94,137.71 $388.68 $0.00 $532.27 $95,058.66
155 $95,058.66 $388.68 $0.00 $537.48 $95,984.82
156 $95,984.82 $388.68 $0.00 $542.71 $96,916.21
157 $96,916.21 $388.68 $0.00 $547.98 $97,852.87
158 $97,852.87 $388.68 $0.00 $553.27 $98,794.82
159 $98,794.82 $388.68 $0.00 $558.60 $99,742.10
160 $99,742.10 $388.68 $0.00 $563.96 $100,694.74
161 $100,694.74 $388.68 $0.00 $569.34 $101,652.76
162 $101,652.76 $388.68 $0.00 $574.76 $102,616.20
163 $102,616.20 $388.68 $0.00 $580.21 $103,585.09
164 $103,585.09 $388.68 $0.00 $585.69 $104,559.46
165 $104,559.46 $388.68 $0.00 $591.19 $105,539.33
166 $105,539.33 $388.68 $0.00 $596.73 $106,524.74
167 $106,524.74 $388.68 $0.00 $602.31 $107,515.73
168 $107,515.73 $388.68 $0.00 $607.91 $108,512.32
169 $108,512.32 $388.68 $0.00 $613.54 $109,514.54
170 $109,514.54 $388.68 $0.00 $619.21 $110,522.43
171 $110,522.43 $388.68 $0.00 $624.91 $111,536.02
172 $111,536.02 $388.68 $0.00 $630.64 $112,555.34
173 $112,555.34 $388.68 $0.00 $636.40 $113,580.42
174 $113,580.42 $388.68 $0.00 $642.20 $114,611.30
175 $114,611.30 $388.68 $0.00 $648.03 $115,648.01
176 $115,648.01 $388.68 $0.00 $653.89 $116,690.58
177 $116,690.58 $388.68 $0.00 $659.79 $117,739.05
178 $117,739.05 $388.68 $0.00 $665.71 $118,793.44
179 $118,793.44 $388.68 $0.00 $671.68 $119,853.80
180 $119,853.80 $388.68 $0.00 $677.67 $120,920.15
181 $120,920.15 $388.68 $0.00 $683.70 $121,992.53
182 $121,992.53 $388.68 $0.00 $689.76 $123,070.97
183 $123,070.97 $388.68 $0.00 $695.86 $124,155.51
184 $124,155.51 $388.68 $0.00 $701.99 $125,246.18
185 $125,246.18 $388.68 $0.00 $708.16 $126,343.02
186 $126,343.02 $388.68 $0.00 $714.36 $127,446.06
187 $127,446.06 $388.68 $0.00 $720.60 $128,555.34
188 $128,555.34 $388.68 $0.00 $726.87 $129,670.89
189 $129,670.89 $388.68 $0.00 $733.18 $130,792.75
190 $130,792.75 $388.68 $0.00 $739.52 $131,920.95
191 $131,920.95 $388.68 $0.00 $745.90 $133,055.53
192 $133,055.53 $388.68 $0.00 $752.32 $134,196.53
193 $134,196.53 $388.68 $0.00 $758.77 $135,343.98
194 $135,343.98 $388.68 $0.00 $765.25 $136,497.91
195 $136,497.91 $388.68 $0.00 $771.78 $137,658.37
196 $137,658.37 $388.68 $0.00 $778.34 $138,825.39
197 $138,825.39 $388.68 $0.00 $784.94 $139,999.01
198 $139,999.01 $388.68 $0.00 $791.57 $141,179.26
199 $141,179.26 $388.68 $0.00 $798.25 $142,366.19
200 $142,366.19 $388.68 $0.00 $804.96 $143,559.83
201 $143,559.83 $388.68 $0.00 $811.71 $144,760.22
202 $144,760.22 $388.68 $0.00 $818.50 $145,967.40
203 $145,967.40 $388.68 $0.00 $825.32 $147,181.40
204 $147,181.40 $388.68 $0.00 $832.19 $148,402.27
205 $148,402.27 $388.68 $0.00 $839.09 $149,630.04
206 $149,630.04 $388.68 $0.00 $846.03 $150,864.75
207 $150,864.75 $388.68 $0.00 $853.01 $152,106.44
208 $152,106.44 $388.68 $0.00 $860.03 $153,355.15
209 $153,355.15 $388.68 $0.00 $867.09 $154,610.92
210 $154,610.92 $388.68 $0.00 $874.19 $155,873.79
211 $155,873.79 $388.68 $0.00 $881.33 $157,143.80
212 $157,143.80 $388.68 $0.00 $888.51 $158,420.99
213 $158,420.99 $388.68 $0.00 $895.74 $159,705.41
214 $159,705.41 $388.68 $0.00 $903.00 $160,997.09
215 $160,997.09 $388.68 $0.00 $910.30 $162,296.07
216 $162,296.07 $388.68 $0.00 $917.65 $163,602.40
217 $163,602.40 $388.68 $45,569.34 $925.03 $119,346.77
218 $119,346.77 $388.68 $0.00 $674.80 $120,410.25
219 $120,410.25 $388.68 $0.00 $680.82 $121,479.75
220 $121,479.75 $388.68 $0.00 $686.86 $122,555.29
221 $122,555.29 $388.68 $0.00 $692.95 $123,636.92
222 $123,636.92 $388.68 $0.00 $699.06 $124,724.66
223 $124,724.66 $388.68 $0.00 $705.21 $125,818.55
224 $125,818.55 $388.68 $0.00 $711.40 $126,918.63
225 $126,918.63 $388.68 $0.00 $717.62 $128,024.93
226 $128,024.93 $388.68 $0.00 $723.87 $129,137.48
227 $129,137.48 $388.68 $0.00 $730.16 $130,256.32
228 $130,256.32 $388.68 $0.00 $736.49 $131,381.49
229 $131,381.49 $388.68 $47,847.80 $742.85 $84,665.22
230 $84,665.22 $388.68 $0.00 $478.71 $85,532.61
231 $85,532.61 $388.68 $0.00 $483.61 $86,404.90
232 $86,404.90 $388.68 $0.00 $488.55 $87,282.13
233 $87,282.13 $388.68 $0.00 $493.51 $88,164.32
234 $88,164.32 $388.68 $0.00 $498.49 $89,051.49
235 $89,051.49 $388.68 $0.00 $503.51 $89,943.68
236 $89,943.68 $388.68 $0.00 $508.55 $90,840.91
237 $90,840.91 $388.68 $0.00 $513.63 $91,743.22
238 $91,743.22 $388.68 $0.00 $518.73 $92,650.63
239 $92,650.63 $388.68 $0.00 $523.86 $93,563.17
240 $93,563.17 $388.68 $0.00 $529.02 $94,480.87
241 $94,480.87 $388.68 $50,240.19 $534.21 $45,163.57
242 $45,163.57 $388.68 $0.00 $255.36 $45,807.61
243 $45,807.61 $388.68 $0.00 $259.00 $46,455.29
244 $46,455.29 $388.68 $0.00 $262.66 $47,106.63
245 $47,106.63 $388.68 $0.00 $266.35 $47,761.66
246 $47,761.66 $388.68 $0.00 $270.05 $48,420.39
247 $48,420.39 $388.68 $0.00 $273.78 $49,082.85
248 $49,082.85 $388.68 $0.00 $277.52 $49,749.05
249 $49,749.05 $388.68 $0.00 $281.29 $50,419.02
250 $50,419.02 $388.68 $0.00 $285.08 $51,092.78
251 $51,092.78 $388.68 $0.00 $288.89 $51,770.35
252 $51,770.35 $388.68 $0.00 $292.72 $52,451.75
253 $52,451.75 $0.00 $52,752.20 $296.57 ($3.88)