Savings Plan and Future Cost Estimation for University of Washington Tacoma Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$73,665
Monthly savings required$583

How much will it cost to send your child to University of Washington Tacoma Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $294,660.97 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $583.13 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$28,407.00
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 $583.13 $0.00 $0.00 $583.13
2 $583.13 $583.13 $0.00 $3.30 $1,169.56
3 $1,169.56 $583.13 $0.00 $6.61 $1,759.30
4 $1,759.30 $583.13 $0.00 $9.95 $2,352.38
5 $2,352.38 $583.13 $0.00 $13.30 $2,948.81
6 $2,948.81 $583.13 $0.00 $16.67 $3,548.61
7 $3,548.61 $583.13 $0.00 $20.06 $4,151.80
8 $4,151.80 $583.13 $0.00 $23.47 $4,758.40
9 $4,758.40 $583.13 $0.00 $26.90 $5,368.43
10 $5,368.43 $583.13 $0.00 $30.35 $5,981.91
11 $5,981.91 $583.13 $0.00 $33.82 $6,598.86
12 $6,598.86 $583.13 $0.00 $37.31 $7,219.30
13 $7,219.30 $583.13 $0.00 $40.82 $7,843.25
14 $7,843.25 $583.13 $0.00 $44.35 $8,470.73
15 $8,470.73 $583.13 $0.00 $47.89 $9,101.75
16 $9,101.75 $583.13 $0.00 $51.46 $9,736.34
17 $9,736.34 $583.13 $0.00 $55.05 $10,374.52
18 $10,374.52 $583.13 $0.00 $58.66 $11,016.31
19 $11,016.31 $583.13 $0.00 $62.29 $11,661.73
20 $11,661.73 $583.13 $0.00 $65.94 $12,310.80
21 $12,310.80 $583.13 $0.00 $69.61 $12,963.54
22 $12,963.54 $583.13 $0.00 $73.30 $13,619.97
23 $13,619.97 $583.13 $0.00 $77.01 $14,280.11
24 $14,280.11 $583.13 $0.00 $80.74 $14,943.98
25 $14,943.98 $583.13 $0.00 $84.50 $15,611.61
26 $15,611.61 $583.13 $0.00 $88.27 $16,283.01
27 $16,283.01 $583.13 $0.00 $92.07 $16,958.21
28 $16,958.21 $583.13 $0.00 $95.88 $17,637.22
29 $17,637.22 $583.13 $0.00 $99.72 $18,320.07
30 $18,320.07 $583.13 $0.00 $103.58 $19,006.78
31 $19,006.78 $583.13 $0.00 $107.47 $19,697.38
32 $19,697.38 $583.13 $0.00 $111.37 $20,391.88
33 $20,391.88 $583.13 $0.00 $115.30 $21,090.31
34 $21,090.31 $583.13 $0.00 $119.25 $21,792.69
35 $21,792.69 $583.13 $0.00 $123.22 $22,499.04
36 $22,499.04 $583.13 $0.00 $127.21 $23,209.38
37 $23,209.38 $583.13 $0.00 $131.23 $23,923.74
38 $23,923.74 $583.13 $0.00 $135.27 $24,642.14
39 $24,642.14 $583.13 $0.00 $139.33 $25,364.60
40 $25,364.60 $583.13 $0.00 $143.42 $26,091.15
41 $26,091.15 $583.13 $0.00 $147.52 $26,821.80
42 $26,821.80 $583.13 $0.00 $151.65 $27,556.58
43 $27,556.58 $583.13 $0.00 $155.81 $28,295.52
44 $28,295.52 $583.13 $0.00 $159.99 $29,038.64
45 $29,038.64 $583.13 $0.00 $164.19 $29,785.96
46 $29,785.96 $583.13 $0.00 $168.41 $30,537.50
47 $30,537.50 $583.13 $0.00 $172.66 $31,293.29
48 $31,293.29 $583.13 $0.00 $176.94 $32,053.36
49 $32,053.36 $583.13 $0.00 $181.23 $32,817.72
50 $32,817.72 $583.13 $0.00 $185.56 $33,586.41
51 $33,586.41 $583.13 $0.00 $189.90 $34,359.44
52 $34,359.44 $583.13 $0.00 $194.27 $35,136.84
53 $35,136.84 $583.13 $0.00 $198.67 $35,918.64
54 $35,918.64 $583.13 $0.00 $203.09 $36,704.86
55 $36,704.86 $583.13 $0.00 $207.53 $37,495.52
56 $37,495.52 $583.13 $0.00 $212.01 $38,290.66
57 $38,290.66 $583.13 $0.00 $216.50 $39,090.29
58 $39,090.29 $583.13 $0.00 $221.02 $39,894.44
59 $39,894.44 $583.13 $0.00 $225.57 $40,703.14
60 $40,703.14 $583.13 $0.00 $230.14 $41,516.41
61 $41,516.41 $583.13 $0.00 $234.74 $42,334.28
62 $42,334.28 $583.13 $0.00 $239.36 $43,156.77
63 $43,156.77 $583.13 $0.00 $244.01 $43,983.91
64 $43,983.91 $583.13 $0.00 $248.69 $44,815.73
65 $44,815.73 $583.13 $0.00 $253.39 $45,652.25
66 $45,652.25 $583.13 $0.00 $258.12 $46,493.50
67 $46,493.50 $583.13 $0.00 $262.88 $47,339.51
68 $47,339.51 $583.13 $0.00 $267.66 $48,190.30
69 $48,190.30 $583.13 $0.00 $272.47 $49,045.90
70 $49,045.90 $583.13 $0.00 $277.31 $49,906.34
71 $49,906.34 $583.13 $0.00 $282.18 $50,771.65
72 $50,771.65 $583.13 $0.00 $287.07 $51,641.85
73 $51,641.85 $583.13 $0.00 $291.99 $52,516.97
74 $52,516.97 $583.13 $0.00 $296.94 $53,397.04
75 $53,397.04 $583.13 $0.00 $301.91 $54,282.08
76 $54,282.08 $583.13 $0.00 $306.92 $55,172.13
77 $55,172.13 $583.13 $0.00 $311.95 $56,067.21
78 $56,067.21 $583.13 $0.00 $317.01 $56,967.35
79 $56,967.35 $583.13 $0.00 $322.10 $57,872.58
80 $57,872.58 $583.13 $0.00 $327.22 $58,782.93
81 $58,782.93 $583.13 $0.00 $332.37 $59,698.43
82 $59,698.43 $583.13 $0.00 $337.54 $60,619.10
83 $60,619.10 $583.13 $0.00 $342.75 $61,544.98
84 $61,544.98 $583.13 $0.00 $347.98 $62,476.09
85 $62,476.09 $583.13 $0.00 $353.25 $63,412.47
86 $63,412.47 $583.13 $0.00 $358.54 $64,354.14
87 $64,354.14 $583.13 $0.00 $363.87 $65,301.14
88 $65,301.14 $583.13 $0.00 $369.22 $66,253.49
89 $66,253.49 $583.13 $0.00 $374.61 $67,211.23
90 $67,211.23 $583.13 $0.00 $380.02 $68,174.38
91 $68,174.38 $583.13 $0.00 $385.47 $69,142.98
92 $69,142.98 $583.13 $0.00 $390.94 $70,117.05
93 $70,117.05 $583.13 $0.00 $396.45 $71,096.63
94 $71,096.63 $583.13 $0.00 $401.99 $72,081.75
95 $72,081.75 $583.13 $0.00 $407.56 $73,072.44
96 $73,072.44 $583.13 $0.00 $413.16 $74,068.73
97 $74,068.73 $583.13 $0.00 $418.80 $75,070.66
98 $75,070.66 $583.13 $0.00 $424.46 $76,078.25
99 $76,078.25 $583.13 $0.00 $430.16 $77,091.54
100 $77,091.54 $583.13 $0.00 $435.89 $78,110.56
101 $78,110.56 $583.13 $0.00 $441.65 $79,135.34
102 $79,135.34 $583.13 $0.00 $447.44 $80,165.91
103 $80,165.91 $583.13 $0.00 $453.27 $81,202.31
104 $81,202.31 $583.13 $0.00 $459.13 $82,244.57
105 $82,244.57 $583.13 $0.00 $465.02 $83,292.72
106 $83,292.72 $583.13 $0.00 $470.95 $84,346.80
107 $84,346.80 $583.13 $0.00 $476.91 $85,406.84
108 $85,406.84 $583.13 $0.00 $482.90 $86,472.87
109 $86,472.87 $583.13 $0.00 $488.93 $87,544.93
110 $87,544.93 $583.13 $0.00 $494.99 $88,623.05
111 $88,623.05 $583.13 $0.00 $501.09 $89,707.27
112 $89,707.27 $583.13 $0.00 $507.22 $90,797.62
113 $90,797.62 $583.13 $0.00 $513.38 $91,894.13
114 $91,894.13 $583.13 $0.00 $519.58 $92,996.84
115 $92,996.84 $583.13 $0.00 $525.82 $94,105.79
116 $94,105.79 $583.13 $0.00 $532.09 $95,221.01
117 $95,221.01 $583.13 $0.00 $538.39 $96,342.53
118 $96,342.53 $583.13 $0.00 $544.73 $97,470.39
119 $97,470.39 $583.13 $0.00 $551.11 $98,604.63
120 $98,604.63 $583.13 $0.00 $557.52 $99,745.28
121 $99,745.28 $583.13 $0.00 $563.97 $100,892.38
122 $100,892.38 $583.13 $0.00 $570.46 $102,045.97
123 $102,045.97 $583.13 $0.00 $576.98 $103,206.08
124 $103,206.08 $583.13 $0.00 $583.54 $104,372.75
125 $104,372.75 $583.13 $0.00 $590.14 $105,546.02
126 $105,546.02 $583.13 $0.00 $596.77 $106,725.92
127 $106,725.92 $583.13 $0.00 $603.44 $107,912.49
128 $107,912.49 $583.13 $0.00 $610.15 $109,105.77
129 $109,105.77 $583.13 $0.00 $616.90 $110,305.80
130 $110,305.80 $583.13 $0.00 $623.69 $111,512.62
131 $111,512.62 $583.13 $0.00 $630.51 $112,726.26
132 $112,726.26 $583.13 $0.00 $637.37 $113,946.76
133 $113,946.76 $583.13 $0.00 $644.27 $115,174.16
134 $115,174.16 $583.13 $0.00 $651.21 $116,408.50
135 $116,408.50 $583.13 $0.00 $658.19 $117,649.82
136 $117,649.82 $583.13 $0.00 $665.21 $118,898.16
137 $118,898.16 $583.13 $0.00 $672.27 $120,153.56
138 $120,153.56 $583.13 $0.00 $679.37 $121,416.06
139 $121,416.06 $583.13 $0.00 $686.50 $122,685.69
140 $122,685.69 $583.13 $0.00 $693.68 $123,962.50
141 $123,962.50 $583.13 $0.00 $700.90 $125,246.53
142 $125,246.53 $583.13 $0.00 $708.16 $126,537.82
143 $126,537.82 $583.13 $0.00 $715.46 $127,836.41
144 $127,836.41 $583.13 $0.00 $722.81 $129,142.35
145 $129,142.35 $583.13 $0.00 $730.19 $130,455.67
146 $130,455.67 $583.13 $0.00 $737.62 $131,776.42
147 $131,776.42 $583.13 $0.00 $745.08 $133,104.63
148 $133,104.63 $583.13 $0.00 $752.59 $134,440.35
149 $134,440.35 $583.13 $0.00 $760.15 $135,783.63
150 $135,783.63 $583.13 $0.00 $767.74 $137,134.50
151 $137,134.50 $583.13 $0.00 $775.38 $138,493.01
152 $138,493.01 $583.13 $0.00 $783.06 $139,859.20
153 $139,859.20 $583.13 $0.00 $790.78 $141,233.11
154 $141,233.11 $583.13 $0.00 $798.55 $142,614.79
155 $142,614.79 $583.13 $0.00 $806.36 $144,004.28
156 $144,004.28 $583.13 $0.00 $814.22 $145,401.63
157 $145,401.63 $583.13 $0.00 $822.12 $146,806.88
158 $146,806.88 $583.13 $0.00 $830.07 $148,220.08
159 $148,220.08 $583.13 $0.00 $838.06 $149,641.27
160 $149,641.27 $583.13 $0.00 $846.09 $151,070.49
161 $151,070.49 $583.13 $0.00 $854.17 $152,507.79
162 $152,507.79 $583.13 $0.00 $862.30 $153,953.22
163 $153,953.22 $583.13 $0.00 $870.47 $155,406.82
164 $155,406.82 $583.13 $0.00 $878.69 $156,868.64
165 $156,868.64 $583.13 $0.00 $886.96 $158,338.73
166 $158,338.73 $583.13 $0.00 $895.27 $159,817.13
167 $159,817.13 $583.13 $0.00 $903.63 $161,303.89
168 $161,303.89 $583.13 $0.00 $912.04 $162,799.06
169 $162,799.06 $583.13 $0.00 $920.49 $164,302.68
170 $164,302.68 $583.13 $0.00 $928.99 $165,814.80
171 $165,814.80 $583.13 $0.00 $937.54 $167,335.47
172 $167,335.47 $583.13 $0.00 $946.14 $168,864.74
173 $168,864.74 $583.13 $0.00 $954.79 $170,402.66
174 $170,402.66 $583.13 $0.00 $963.48 $171,949.27
175 $171,949.27 $583.13 $0.00 $972.23 $173,504.63
176 $173,504.63 $583.13 $0.00 $981.02 $175,068.78
177 $175,068.78 $583.13 $0.00 $989.86 $176,641.77
178 $176,641.77 $583.13 $0.00 $998.76 $178,223.66
179 $178,223.66 $583.13 $0.00 $1,007.70 $179,814.49
180 $179,814.49 $583.13 $0.00 $1,016.70 $181,414.32
181 $181,414.32 $583.13 $0.00 $1,025.74 $183,023.19
182 $183,023.19 $583.13 $0.00 $1,034.84 $184,641.16
183 $184,641.16 $583.13 $0.00 $1,043.99 $186,268.28
184 $186,268.28 $583.13 $0.00 $1,053.19 $187,904.60
185 $187,904.60 $583.13 $0.00 $1,062.44 $189,550.17
186 $189,550.17 $583.13 $0.00 $1,071.74 $191,205.04
187 $191,205.04 $583.13 $0.00 $1,081.10 $192,869.27
188 $192,869.27 $583.13 $0.00 $1,090.51 $194,542.91
189 $194,542.91 $583.13 $0.00 $1,099.97 $196,226.01
190 $196,226.01 $583.13 $0.00 $1,109.49 $197,918.63
191 $197,918.63 $583.13 $0.00 $1,119.06 $199,620.82
192 $199,620.82 $583.13 $0.00 $1,128.69 $201,332.64
193 $201,332.64 $583.13 $0.00 $1,138.36 $203,054.13
194 $203,054.13 $583.13 $0.00 $1,148.10 $204,785.36
195 $204,785.36 $583.13 $0.00 $1,157.89 $206,526.38
196 $206,526.38 $583.13 $0.00 $1,167.73 $208,277.24
197 $208,277.24 $583.13 $0.00 $1,177.63 $210,038.00
198 $210,038.00 $583.13 $0.00 $1,187.59 $211,808.72
199 $211,808.72 $583.13 $0.00 $1,197.60 $213,589.45
200 $213,589.45 $583.13 $0.00 $1,207.67 $215,380.25
201 $215,380.25 $583.13 $0.00 $1,217.79 $217,181.17
202 $217,181.17 $583.13 $0.00 $1,227.97 $218,992.27
203 $218,992.27 $583.13 $0.00 $1,238.21 $220,813.61
204 $220,813.61 $583.13 $0.00 $1,248.51 $222,645.25
205 $222,645.25 $583.13 $0.00 $1,258.87 $224,487.25
206 $224,487.25 $583.13 $0.00 $1,269.28 $226,339.66
207 $226,339.66 $583.13 $0.00 $1,279.76 $228,202.55
208 $228,202.55 $583.13 $0.00 $1,290.29 $230,075.97
209 $230,075.97 $583.13 $0.00 $1,300.88 $231,959.98
210 $231,959.98 $583.13 $0.00 $1,311.54 $233,854.65
211 $233,854.65 $583.13 $0.00 $1,322.25 $235,760.03
212 $235,760.03 $583.13 $0.00 $1,333.02 $237,676.18
213 $237,676.18 $583.13 $0.00 $1,343.86 $239,603.17
214 $239,603.17 $583.13 $0.00 $1,354.75 $241,541.05
215 $241,541.05 $583.13 $0.00 $1,365.71 $243,489.89
216 $243,489.89 $583.13 $0.00 $1,376.73 $245,449.75
217 $245,449.75 $583.13 $68,364.83 $1,387.81 $179,055.86
218 $179,055.86 $583.13 $0.00 $1,012.41 $180,651.40
219 $180,651.40 $583.13 $0.00 $1,021.43 $182,255.96
220 $182,255.96 $583.13 $0.00 $1,030.50 $183,869.59
221 $183,869.59 $583.13 $0.00 $1,039.63 $185,492.35
222 $185,492.35 $583.13 $0.00 $1,048.80 $187,124.28
223 $187,124.28 $583.13 $0.00 $1,058.03 $188,765.44
224 $188,765.44 $583.13 $0.00 $1,067.31 $190,415.88
225 $190,415.88 $583.13 $0.00 $1,076.64 $192,075.65
226 $192,075.65 $583.13 $0.00 $1,086.02 $193,744.80
227 $193,744.80 $583.13 $0.00 $1,095.46 $195,423.39
228 $195,423.39 $583.13 $0.00 $1,104.95 $197,111.47
229 $197,111.47 $583.13 $71,783.07 $1,114.50 $127,026.03
230 $127,026.03 $583.13 $0.00 $718.22 $128,327.38
231 $128,327.38 $583.13 $0.00 $725.58 $129,636.09
232 $129,636.09 $583.13 $0.00 $732.98 $130,952.20
233 $130,952.20 $583.13 $0.00 $740.42 $132,275.75
234 $132,275.75 $583.13 $0.00 $747.91 $133,606.79
235 $133,606.79 $583.13 $0.00 $755.43 $134,945.35
236 $134,945.35 $583.13 $0.00 $763.00 $136,291.48
237 $136,291.48 $583.13 $0.00 $770.61 $137,645.22
238 $137,645.22 $583.13 $0.00 $778.27 $139,006.62
239 $139,006.62 $583.13 $0.00 $785.96 $140,375.71
240 $140,375.71 $583.13 $0.00 $793.70 $141,752.54
241 $141,752.54 $583.13 $75,372.23 $801.49 $67,764.93
242 $67,764.93 $583.13 $0.00 $383.15 $68,731.21
243 $68,731.21 $583.13 $0.00 $388.62 $69,702.96
244 $69,702.96 $583.13 $0.00 $394.11 $70,680.20
245 $70,680.20 $583.13 $0.00 $399.64 $71,662.97
246 $71,662.97 $583.13 $0.00 $405.19 $72,651.29
247 $72,651.29 $583.13 $0.00 $410.78 $73,645.20
248 $73,645.20 $583.13 $0.00 $416.40 $74,644.73
249 $74,644.73 $583.13 $0.00 $422.05 $75,649.91
250 $75,649.91 $583.13 $0.00 $427.74 $76,660.78
251 $76,660.78 $583.13 $0.00 $433.45 $77,677.36
252 $77,677.36 $583.13 $0.00 $439.20 $78,699.69
253 $78,699.69 $0.00 $79,140.84 $444.98 $3.83