Savings Plan and Future Cost Estimation for Whitman College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$281,533
Monthly savings required$2,225

How much will it cost to send your child to Whitman College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,126,133.28 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,225.03 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$75,042.00
Years until enrollment18
Annual Tuition Increase7%
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 $2,225.03 $0.00 $0.00 $2,225.03
2 $2,225.03 $2,225.03 $0.00 $12.58 $4,462.64
3 $4,462.64 $2,225.03 $0.00 $25.23 $6,712.90
4 $6,712.90 $2,225.03 $0.00 $37.96 $8,975.89
5 $8,975.89 $2,225.03 $0.00 $50.75 $11,251.67
6 $11,251.67 $2,225.03 $0.00 $63.62 $13,540.32
7 $13,540.32 $2,225.03 $0.00 $76.56 $15,841.91
8 $15,841.91 $2,225.03 $0.00 $89.57 $18,156.51
9 $18,156.51 $2,225.03 $0.00 $102.66 $20,484.20
10 $20,484.20 $2,225.03 $0.00 $115.82 $22,825.05
11 $22,825.05 $2,225.03 $0.00 $129.06 $25,179.14
12 $25,179.14 $2,225.03 $0.00 $142.37 $27,546.54
13 $27,546.54 $2,225.03 $0.00 $155.75 $29,927.32
14 $29,927.32 $2,225.03 $0.00 $169.21 $32,321.56
15 $32,321.56 $2,225.03 $0.00 $182.75 $34,729.34
16 $34,729.34 $2,225.03 $0.00 $196.36 $37,150.73
17 $37,150.73 $2,225.03 $0.00 $210.06 $39,585.82
18 $39,585.82 $2,225.03 $0.00 $223.82 $42,034.67
19 $42,034.67 $2,225.03 $0.00 $237.67 $44,497.37
20 $44,497.37 $2,225.03 $0.00 $251.59 $46,973.99
21 $46,973.99 $2,225.03 $0.00 $265.60 $49,464.62
22 $49,464.62 $2,225.03 $0.00 $279.68 $51,969.33
23 $51,969.33 $2,225.03 $0.00 $293.84 $54,488.20
24 $54,488.20 $2,225.03 $0.00 $308.08 $57,021.31
25 $57,021.31 $2,225.03 $0.00 $322.41 $59,568.75
26 $59,568.75 $2,225.03 $0.00 $336.81 $62,130.59
27 $62,130.59 $2,225.03 $0.00 $351.30 $64,706.92
28 $64,706.92 $2,225.03 $0.00 $365.86 $67,297.81
29 $67,297.81 $2,225.03 $0.00 $380.51 $69,903.35
30 $69,903.35 $2,225.03 $0.00 $395.24 $72,523.62
31 $72,523.62 $2,225.03 $0.00 $410.06 $75,158.71
32 $75,158.71 $2,225.03 $0.00 $424.96 $77,808.70
33 $77,808.70 $2,225.03 $0.00 $439.94 $80,473.67
34 $80,473.67 $2,225.03 $0.00 $455.01 $83,153.71
35 $83,153.71 $2,225.03 $0.00 $470.16 $85,848.90
36 $85,848.90 $2,225.03 $0.00 $485.40 $88,559.33
37 $88,559.33 $2,225.03 $0.00 $500.73 $91,285.09
38 $91,285.09 $2,225.03 $0.00 $516.14 $94,026.26
39 $94,026.26 $2,225.03 $0.00 $531.64 $96,782.93
40 $96,782.93 $2,225.03 $0.00 $547.22 $99,555.18
41 $99,555.18 $2,225.03 $0.00 $562.90 $102,343.11
42 $102,343.11 $2,225.03 $0.00 $578.66 $105,146.80
43 $105,146.80 $2,225.03 $0.00 $594.52 $107,966.35
44 $107,966.35 $2,225.03 $0.00 $610.46 $110,801.84
45 $110,801.84 $2,225.03 $0.00 $626.49 $113,653.36
46 $113,653.36 $2,225.03 $0.00 $642.61 $116,521.00
47 $116,521.00 $2,225.03 $0.00 $658.83 $119,404.86
48 $119,404.86 $2,225.03 $0.00 $675.13 $122,305.02
49 $122,305.02 $2,225.03 $0.00 $691.53 $125,221.58
50 $125,221.58 $2,225.03 $0.00 $708.02 $128,154.63
51 $128,154.63 $2,225.03 $0.00 $724.60 $131,104.26
52 $131,104.26 $2,225.03 $0.00 $741.28 $134,070.57
53 $134,070.57 $2,225.03 $0.00 $758.05 $137,053.65
54 $137,053.65 $2,225.03 $0.00 $774.92 $140,053.60
55 $140,053.60 $2,225.03 $0.00 $791.88 $143,070.51
56 $143,070.51 $2,225.03 $0.00 $808.94 $146,104.48
57 $146,104.48 $2,225.03 $0.00 $826.10 $149,155.61
58 $149,155.61 $2,225.03 $0.00 $843.35 $152,223.99
59 $152,223.99 $2,225.03 $0.00 $860.70 $155,309.72
60 $155,309.72 $2,225.03 $0.00 $878.14 $158,412.89
61 $158,412.89 $2,225.03 $0.00 $895.69 $161,533.61
62 $161,533.61 $2,225.03 $0.00 $913.33 $164,671.97
63 $164,671.97 $2,225.03 $0.00 $931.08 $167,828.08
64 $167,828.08 $2,225.03 $0.00 $948.92 $171,002.03
65 $171,002.03 $2,225.03 $0.00 $966.87 $174,193.93
66 $174,193.93 $2,225.03 $0.00 $984.92 $177,403.88
67 $177,403.88 $2,225.03 $0.00 $1,003.07 $180,631.98
68 $180,631.98 $2,225.03 $0.00 $1,021.32 $183,878.33
69 $183,878.33 $2,225.03 $0.00 $1,039.67 $187,143.03
70 $187,143.03 $2,225.03 $0.00 $1,058.13 $190,426.19
71 $190,426.19 $2,225.03 $0.00 $1,076.70 $193,727.92
72 $193,727.92 $2,225.03 $0.00 $1,095.37 $197,048.32
73 $197,048.32 $2,225.03 $0.00 $1,114.14 $200,387.49
74 $200,387.49 $2,225.03 $0.00 $1,133.02 $203,745.54
75 $203,745.54 $2,225.03 $0.00 $1,152.01 $207,122.58
76 $207,122.58 $2,225.03 $0.00 $1,171.10 $210,518.71
77 $210,518.71 $2,225.03 $0.00 $1,190.30 $213,934.04
78 $213,934.04 $2,225.03 $0.00 $1,209.61 $217,368.68
79 $217,368.68 $2,225.03 $0.00 $1,229.03 $220,822.74
80 $220,822.74 $2,225.03 $0.00 $1,248.56 $224,296.33
81 $224,296.33 $2,225.03 $0.00 $1,268.20 $227,789.56
82 $227,789.56 $2,225.03 $0.00 $1,287.96 $231,302.55
83 $231,302.55 $2,225.03 $0.00 $1,307.82 $234,835.40
84 $234,835.40 $2,225.03 $0.00 $1,327.79 $238,388.22
85 $238,388.22 $2,225.03 $0.00 $1,347.88 $241,961.13
86 $241,961.13 $2,225.03 $0.00 $1,368.08 $245,554.24
87 $245,554.24 $2,225.03 $0.00 $1,388.40 $249,167.67
88 $249,167.67 $2,225.03 $0.00 $1,408.83 $252,801.53
89 $252,801.53 $2,225.03 $0.00 $1,429.38 $256,455.94
90 $256,455.94 $2,225.03 $0.00 $1,450.04 $260,131.01
91 $260,131.01 $2,225.03 $0.00 $1,470.82 $263,826.86
92 $263,826.86 $2,225.03 $0.00 $1,491.72 $267,543.61
93 $267,543.61 $2,225.03 $0.00 $1,512.73 $271,281.37
94 $271,281.37 $2,225.03 $0.00 $1,533.86 $275,040.26
95 $275,040.26 $2,225.03 $0.00 $1,555.12 $278,820.41
96 $278,820.41 $2,225.03 $0.00 $1,576.49 $282,621.93
97 $282,621.93 $2,225.03 $0.00 $1,597.99 $286,444.95
98 $286,444.95 $2,225.03 $0.00 $1,619.60 $290,289.58
99 $290,289.58 $2,225.03 $0.00 $1,641.34 $294,155.95
100 $294,155.95 $2,225.03 $0.00 $1,663.20 $298,044.18
101 $298,044.18 $2,225.03 $0.00 $1,685.19 $301,954.40
102 $301,954.40 $2,225.03 $0.00 $1,707.29 $305,886.72
103 $305,886.72 $2,225.03 $0.00 $1,729.53 $309,841.28
104 $309,841.28 $2,225.03 $0.00 $1,751.89 $313,818.20
105 $313,818.20 $2,225.03 $0.00 $1,774.37 $317,817.60
106 $317,817.60 $2,225.03 $0.00 $1,796.99 $321,839.62
107 $321,839.62 $2,225.03 $0.00 $1,819.73 $325,884.38
108 $325,884.38 $2,225.03 $0.00 $1,842.60 $329,952.01
109 $329,952.01 $2,225.03 $0.00 $1,865.60 $334,042.64
110 $334,042.64 $2,225.03 $0.00 $1,888.73 $338,156.40
111 $338,156.40 $2,225.03 $0.00 $1,911.99 $342,293.42
112 $342,293.42 $2,225.03 $0.00 $1,935.38 $346,453.83
113 $346,453.83 $2,225.03 $0.00 $1,958.90 $350,637.76
114 $350,637.76 $2,225.03 $0.00 $1,982.56 $354,845.35
115 $354,845.35 $2,225.03 $0.00 $2,006.35 $359,076.73
116 $359,076.73 $2,225.03 $0.00 $2,030.27 $363,332.03
117 $363,332.03 $2,225.03 $0.00 $2,054.33 $367,611.39
118 $367,611.39 $2,225.03 $0.00 $2,078.53 $371,914.95
119 $371,914.95 $2,225.03 $0.00 $2,102.86 $376,242.84
120 $376,242.84 $2,225.03 $0.00 $2,127.33 $380,595.20
121 $380,595.20 $2,225.03 $0.00 $2,151.94 $384,972.17
122 $384,972.17 $2,225.03 $0.00 $2,176.69 $389,373.89
123 $389,373.89 $2,225.03 $0.00 $2,201.58 $393,800.50
124 $393,800.50 $2,225.03 $0.00 $2,226.61 $398,252.14
125 $398,252.14 $2,225.03 $0.00 $2,251.78 $402,728.95
126 $402,728.95 $2,225.03 $0.00 $2,277.09 $407,231.07
127 $407,231.07 $2,225.03 $0.00 $2,302.54 $411,758.64
128 $411,758.64 $2,225.03 $0.00 $2,328.14 $416,311.81
129 $416,311.81 $2,225.03 $0.00 $2,353.89 $420,890.73
130 $420,890.73 $2,225.03 $0.00 $2,379.78 $425,495.54
131 $425,495.54 $2,225.03 $0.00 $2,405.81 $430,126.38
132 $430,126.38 $2,225.03 $0.00 $2,432.00 $434,783.41
133 $434,783.41 $2,225.03 $0.00 $2,458.33 $439,466.77
134 $439,466.77 $2,225.03 $0.00 $2,484.81 $444,176.61
135 $444,176.61 $2,225.03 $0.00 $2,511.44 $448,913.08
136 $448,913.08 $2,225.03 $0.00 $2,538.22 $453,676.33
137 $453,676.33 $2,225.03 $0.00 $2,565.15 $458,466.51
138 $458,466.51 $2,225.03 $0.00 $2,592.24 $463,283.78
139 $463,283.78 $2,225.03 $0.00 $2,619.47 $468,128.28
140 $468,128.28 $2,225.03 $0.00 $2,646.87 $473,000.18
141 $473,000.18 $2,225.03 $0.00 $2,674.41 $477,899.62
142 $477,899.62 $2,225.03 $0.00 $2,702.11 $482,826.76
143 $482,826.76 $2,225.03 $0.00 $2,729.97 $487,781.76
144 $487,781.76 $2,225.03 $0.00 $2,757.99 $492,764.78
145 $492,764.78 $2,225.03 $0.00 $2,786.16 $497,775.97
146 $497,775.97 $2,225.03 $0.00 $2,814.50 $502,815.50
147 $502,815.50 $2,225.03 $0.00 $2,842.99 $507,883.52
148 $507,883.52 $2,225.03 $0.00 $2,871.65 $512,980.20
149 $512,980.20 $2,225.03 $0.00 $2,900.46 $518,105.69
150 $518,105.69 $2,225.03 $0.00 $2,929.44 $523,260.16
151 $523,260.16 $2,225.03 $0.00 $2,958.59 $528,443.78
152 $528,443.78 $2,225.03 $0.00 $2,987.90 $533,656.71
153 $533,656.71 $2,225.03 $0.00 $3,017.37 $538,899.11
154 $538,899.11 $2,225.03 $0.00 $3,047.01 $544,171.15
155 $544,171.15 $2,225.03 $0.00 $3,076.82 $549,473.00
156 $549,473.00 $2,225.03 $0.00 $3,106.80 $554,804.83
157 $554,804.83 $2,225.03 $0.00 $3,136.95 $560,166.81
158 $560,166.81 $2,225.03 $0.00 $3,167.26 $565,559.10
159 $565,559.10 $2,225.03 $0.00 $3,197.75 $570,981.88
160 $570,981.88 $2,225.03 $0.00 $3,228.41 $576,435.32
161 $576,435.32 $2,225.03 $0.00 $3,259.25 $581,919.60
162 $581,919.60 $2,225.03 $0.00 $3,290.26 $587,434.89
163 $587,434.89 $2,225.03 $0.00 $3,321.44 $592,981.36
164 $592,981.36 $2,225.03 $0.00 $3,352.80 $598,559.19
165 $598,559.19 $2,225.03 $0.00 $3,384.34 $604,168.56
166 $604,168.56 $2,225.03 $0.00 $3,416.06 $609,809.65
167 $609,809.65 $2,225.03 $0.00 $3,447.95 $615,482.63
168 $615,482.63 $2,225.03 $0.00 $3,480.03 $621,187.69
169 $621,187.69 $2,225.03 $0.00 $3,512.29 $626,925.01
170 $626,925.01 $2,225.03 $0.00 $3,544.73 $632,694.77
171 $632,694.77 $2,225.03 $0.00 $3,577.35 $638,497.15
172 $638,497.15 $2,225.03 $0.00 $3,610.16 $644,332.34
173 $644,332.34 $2,225.03 $0.00 $3,643.15 $650,200.52
174 $650,200.52 $2,225.03 $0.00 $3,676.33 $656,101.88
175 $656,101.88 $2,225.03 $0.00 $3,709.70 $662,036.61
176 $662,036.61 $2,225.03 $0.00 $3,743.25 $668,004.89
177 $668,004.89 $2,225.03 $0.00 $3,777.00 $674,006.92
178 $674,006.92 $2,225.03 $0.00 $3,810.93 $680,042.88
179 $680,042.88 $2,225.03 $0.00 $3,845.06 $686,112.97
180 $686,112.97 $2,225.03 $0.00 $3,879.38 $692,217.38
181 $692,217.38 $2,225.03 $0.00 $3,913.90 $698,356.31
182 $698,356.31 $2,225.03 $0.00 $3,948.61 $704,529.95
183 $704,529.95 $2,225.03 $0.00 $3,983.51 $710,738.49
184 $710,738.49 $2,225.03 $0.00 $4,018.62 $716,982.14
185 $716,982.14 $2,225.03 $0.00 $4,053.92 $723,261.09
186 $723,261.09 $2,225.03 $0.00 $4,089.42 $729,575.54
187 $729,575.54 $2,225.03 $0.00 $4,125.13 $735,925.70
188 $735,925.70 $2,225.03 $0.00 $4,161.03 $742,311.76
189 $742,311.76 $2,225.03 $0.00 $4,197.14 $748,733.93
190 $748,733.93 $2,225.03 $0.00 $4,233.45 $755,192.41
191 $755,192.41 $2,225.03 $0.00 $4,269.97 $761,687.41
192 $761,687.41 $2,225.03 $0.00 $4,306.69 $768,219.13
193 $768,219.13 $2,225.03 $0.00 $4,343.62 $774,787.78
194 $774,787.78 $2,225.03 $0.00 $4,380.76 $781,393.57
195 $781,393.57 $2,225.03 $0.00 $4,418.11 $788,036.71
196 $788,036.71 $2,225.03 $0.00 $4,455.67 $794,717.41
197 $794,717.41 $2,225.03 $0.00 $4,493.45 $801,435.89
198 $801,435.89 $2,225.03 $0.00 $4,531.44 $808,192.36
199 $808,192.36 $2,225.03 $0.00 $4,569.64 $814,987.03
200 $814,987.03 $2,225.03 $0.00 $4,608.06 $821,820.12
201 $821,820.12 $2,225.03 $0.00 $4,646.69 $828,691.84
202 $828,691.84 $2,225.03 $0.00 $4,685.54 $835,602.41
203 $835,602.41 $2,225.03 $0.00 $4,724.62 $842,552.06
204 $842,552.06 $2,225.03 $0.00 $4,763.91 $849,541.00
205 $849,541.00 $2,225.03 $0.00 $4,803.43 $856,569.46
206 $856,569.46 $2,225.03 $0.00 $4,843.17 $863,637.66
207 $863,637.66 $2,225.03 $0.00 $4,883.13 $870,745.82
208 $870,745.82 $2,225.03 $0.00 $4,923.32 $877,894.17
209 $877,894.17 $2,225.03 $0.00 $4,963.74 $885,082.94
210 $885,082.94 $2,225.03 $0.00 $5,004.39 $892,312.36
211 $892,312.36 $2,225.03 $0.00 $5,045.26 $899,582.65
212 $899,582.65 $2,225.03 $0.00 $5,086.37 $906,894.05
213 $906,894.05 $2,225.03 $0.00 $5,127.71 $914,246.79
214 $914,246.79 $2,225.03 $0.00 $5,169.28 $921,641.10
215 $921,641.10 $2,225.03 $0.00 $5,211.09 $929,077.22
216 $929,077.22 $2,225.03 $0.00 $5,253.14 $936,555.39
217 $936,555.39 $2,225.03 $253,636.88 $5,295.42 $690,438.96
218 $690,438.96 $2,225.03 $0.00 $3,903.84 $696,567.83
219 $696,567.83 $2,225.03 $0.00 $3,938.50 $702,731.36
220 $702,731.36 $2,225.03 $0.00 $3,973.35 $708,929.74
221 $708,929.74 $2,225.03 $0.00 $4,008.39 $715,163.16
222 $715,163.16 $2,225.03 $0.00 $4,043.64 $721,431.83
223 $721,431.83 $2,225.03 $0.00 $4,079.08 $727,735.94
224 $727,735.94 $2,225.03 $0.00 $4,114.72 $734,075.69
225 $734,075.69 $2,225.03 $0.00 $4,150.57 $740,451.29
226 $740,451.29 $2,225.03 $0.00 $4,186.62 $746,862.94
227 $746,862.94 $2,225.03 $0.00 $4,222.87 $753,310.84
228 $753,310.84 $2,225.03 $0.00 $4,259.33 $759,795.20
229 $759,795.20 $2,225.03 $271,391.46 $4,295.99 $494,924.76
230 $494,924.76 $2,225.03 $0.00 $2,798.38 $499,948.17
231 $499,948.17 $2,225.03 $0.00 $2,826.78 $504,999.98
232 $504,999.98 $2,225.03 $0.00 $2,855.34 $510,080.35
233 $510,080.35 $2,225.03 $0.00 $2,884.07 $515,189.45
234 $515,189.45 $2,225.03 $0.00 $2,912.96 $520,327.44
235 $520,327.44 $2,225.03 $0.00 $2,942.01 $525,494.48
236 $525,494.48 $2,225.03 $0.00 $2,971.22 $530,690.73
237 $530,690.73 $2,225.03 $0.00 $3,000.60 $535,916.36
238 $535,916.36 $2,225.03 $0.00 $3,030.15 $541,171.54
239 $541,171.54 $2,225.03 $0.00 $3,059.86 $546,456.43
240 $546,456.43 $2,225.03 $0.00 $3,089.74 $551,771.20
241 $551,771.20 $2,225.03 $290,388.86 $3,119.79 $266,727.16
242 $266,727.16 $2,225.03 $0.00 $1,508.11 $270,460.30
243 $270,460.30 $2,225.03 $0.00 $1,529.22 $274,214.55
244 $274,214.55 $2,225.03 $0.00 $1,550.45 $277,990.03
245 $277,990.03 $2,225.03 $0.00 $1,571.80 $281,786.86
246 $281,786.86 $2,225.03 $0.00 $1,593.26 $285,605.15
247 $285,605.15 $2,225.03 $0.00 $1,614.85 $289,445.03
248 $289,445.03 $2,225.03 $0.00 $1,636.56 $293,306.62
249 $293,306.62 $2,225.03 $0.00 $1,658.40 $297,190.05
250 $297,190.05 $2,225.03 $0.00 $1,680.36 $301,095.44
251 $301,095.44 $2,225.03 $0.00 $1,702.44 $305,022.91
252 $305,022.91 $2,225.03 $0.00 $1,724.64 $308,972.58
253 $308,972.58 $0.00 $310,716.08 $1,746.98 $3.48