Savings Plan and Future Cost Estimation for American Public University System

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$67,680
Monthly savings required$535

How much will it cost to send your child to American Public University System in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $270,720.99 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $534.89 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$18,040.00
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 $534.89 $0.00 $0.00 $534.89
2 $534.89 $534.89 $0.00 $3.02 $1,072.80
3 $1,072.80 $534.89 $0.00 $6.07 $1,613.76
4 $1,613.76 $534.89 $0.00 $9.12 $2,157.77
5 $2,157.77 $534.89 $0.00 $12.20 $2,704.86
6 $2,704.86 $534.89 $0.00 $15.29 $3,255.04
7 $3,255.04 $534.89 $0.00 $18.40 $3,808.33
8 $3,808.33 $534.89 $0.00 $21.53 $4,364.75
9 $4,364.75 $534.89 $0.00 $24.68 $4,924.32
10 $4,924.32 $534.89 $0.00 $27.84 $5,487.05
11 $5,487.05 $534.89 $0.00 $31.02 $6,052.96
12 $6,052.96 $534.89 $0.00 $34.22 $6,622.07
13 $6,622.07 $534.89 $0.00 $37.44 $7,194.40
14 $7,194.40 $534.89 $0.00 $40.68 $7,769.97
15 $7,769.97 $534.89 $0.00 $43.93 $8,348.79
16 $8,348.79 $534.89 $0.00 $47.21 $8,930.89
17 $8,930.89 $534.89 $0.00 $50.50 $9,516.28
18 $9,516.28 $534.89 $0.00 $53.81 $10,104.98
19 $10,104.98 $534.89 $0.00 $57.14 $10,697.01
20 $10,697.01 $534.89 $0.00 $60.48 $11,292.38
21 $11,292.38 $534.89 $0.00 $63.85 $11,891.12
22 $11,891.12 $534.89 $0.00 $67.23 $12,493.24
23 $12,493.24 $534.89 $0.00 $70.64 $13,098.77
24 $13,098.77 $534.89 $0.00 $74.06 $13,707.72
25 $13,707.72 $534.89 $0.00 $77.51 $14,320.12
26 $14,320.12 $534.89 $0.00 $80.97 $14,935.98
27 $14,935.98 $534.89 $0.00 $84.45 $15,555.32
28 $15,555.32 $534.89 $0.00 $87.95 $16,178.16
29 $16,178.16 $534.89 $0.00 $91.47 $16,804.52
30 $16,804.52 $534.89 $0.00 $95.02 $17,434.43
31 $17,434.43 $534.89 $0.00 $98.58 $18,067.90
32 $18,067.90 $534.89 $0.00 $102.16 $18,704.95
33 $18,704.95 $534.89 $0.00 $105.76 $19,345.60
34 $19,345.60 $534.89 $0.00 $109.38 $19,989.87
35 $19,989.87 $534.89 $0.00 $113.03 $20,637.79
36 $20,637.79 $534.89 $0.00 $116.69 $21,289.37
37 $21,289.37 $534.89 $0.00 $120.37 $21,944.63
38 $21,944.63 $534.89 $0.00 $124.08 $22,603.60
39 $22,603.60 $534.89 $0.00 $127.80 $23,266.29
40 $23,266.29 $534.89 $0.00 $131.55 $23,932.73
41 $23,932.73 $534.89 $0.00 $135.32 $24,602.94
42 $24,602.94 $534.89 $0.00 $139.11 $25,276.94
43 $25,276.94 $534.89 $0.00 $142.92 $25,954.75
44 $25,954.75 $534.89 $0.00 $146.75 $26,636.39
45 $26,636.39 $534.89 $0.00 $150.61 $27,321.89
46 $27,321.89 $534.89 $0.00 $154.48 $28,011.26
47 $28,011.26 $534.89 $0.00 $158.38 $28,704.53
48 $28,704.53 $534.89 $0.00 $162.30 $29,401.72
49 $29,401.72 $534.89 $0.00 $166.24 $30,102.85
50 $30,102.85 $534.89 $0.00 $170.21 $30,807.95
51 $30,807.95 $534.89 $0.00 $174.19 $31,517.03
52 $31,517.03 $534.89 $0.00 $178.20 $32,230.12
53 $32,230.12 $534.89 $0.00 $182.23 $32,947.24
54 $32,947.24 $534.89 $0.00 $186.29 $33,668.42
55 $33,668.42 $534.89 $0.00 $190.37 $34,393.68
56 $34,393.68 $534.89 $0.00 $194.47 $35,123.04
57 $35,123.04 $534.89 $0.00 $198.59 $35,856.52
58 $35,856.52 $534.89 $0.00 $202.74 $36,594.15
59 $36,594.15 $534.89 $0.00 $206.91 $37,335.95
60 $37,335.95 $534.89 $0.00 $211.10 $38,081.94
61 $38,081.94 $534.89 $0.00 $215.32 $38,832.15
62 $38,832.15 $534.89 $0.00 $219.56 $39,586.60
63 $39,586.60 $534.89 $0.00 $223.83 $40,345.32
64 $40,345.32 $534.89 $0.00 $228.12 $41,108.33
65 $41,108.33 $534.89 $0.00 $232.43 $41,875.65
66 $41,875.65 $534.89 $0.00 $236.77 $42,647.31
67 $42,647.31 $534.89 $0.00 $241.13 $43,423.33
68 $43,423.33 $534.89 $0.00 $245.52 $44,203.74
69 $44,203.74 $534.89 $0.00 $249.93 $44,988.56
70 $44,988.56 $534.89 $0.00 $254.37 $45,777.82
71 $45,777.82 $534.89 $0.00 $258.83 $46,571.54
72 $46,571.54 $534.89 $0.00 $263.32 $47,369.75
73 $47,369.75 $534.89 $0.00 $267.84 $48,172.48
74 $48,172.48 $534.89 $0.00 $272.37 $48,979.74
75 $48,979.74 $534.89 $0.00 $276.94 $49,791.57
76 $49,791.57 $534.89 $0.00 $281.53 $50,607.99
77 $50,607.99 $534.89 $0.00 $286.14 $51,429.02
78 $51,429.02 $534.89 $0.00 $290.79 $52,254.70
79 $52,254.70 $534.89 $0.00 $295.46 $53,085.05
80 $53,085.05 $534.89 $0.00 $300.15 $53,920.09
81 $53,920.09 $534.89 $0.00 $304.87 $54,759.85
82 $54,759.85 $534.89 $0.00 $309.62 $55,604.36
83 $55,604.36 $534.89 $0.00 $314.40 $56,453.65
84 $56,453.65 $534.89 $0.00 $319.20 $57,307.74
85 $57,307.74 $534.89 $0.00 $324.03 $58,166.66
86 $58,166.66 $534.89 $0.00 $328.88 $59,030.43
87 $59,030.43 $534.89 $0.00 $333.77 $59,899.09
88 $59,899.09 $534.89 $0.00 $338.68 $60,772.66
89 $60,772.66 $534.89 $0.00 $343.62 $61,651.17
90 $61,651.17 $534.89 $0.00 $348.58 $62,534.64
91 $62,534.64 $534.89 $0.00 $353.58 $63,423.11
92 $63,423.11 $534.89 $0.00 $358.60 $64,316.60
93 $64,316.60 $534.89 $0.00 $363.66 $65,215.15
94 $65,215.15 $534.89 $0.00 $368.74 $66,118.78
95 $66,118.78 $534.89 $0.00 $373.85 $67,027.52
96 $67,027.52 $534.89 $0.00 $378.98 $67,941.39
97 $67,941.39 $534.89 $0.00 $384.15 $68,860.43
98 $68,860.43 $534.89 $0.00 $389.35 $69,784.67
99 $69,784.67 $534.89 $0.00 $394.57 $70,714.13
100 $70,714.13 $534.89 $0.00 $399.83 $71,648.85
101 $71,648.85 $534.89 $0.00 $405.11 $72,588.85
102 $72,588.85 $534.89 $0.00 $410.43 $73,534.17
103 $73,534.17 $534.89 $0.00 $415.77 $74,484.83
104 $74,484.83 $534.89 $0.00 $421.15 $75,440.87
105 $75,440.87 $534.89 $0.00 $426.55 $76,402.31
106 $76,402.31 $534.89 $0.00 $431.99 $77,369.19
107 $77,369.19 $534.89 $0.00 $437.46 $78,341.54
108 $78,341.54 $534.89 $0.00 $442.95 $79,319.38
109 $79,319.38 $534.89 $0.00 $448.48 $80,302.75
110 $80,302.75 $534.89 $0.00 $454.04 $81,291.68
111 $81,291.68 $534.89 $0.00 $459.63 $82,286.20
112 $82,286.20 $534.89 $0.00 $465.26 $83,286.35
113 $83,286.35 $534.89 $0.00 $470.91 $84,292.15
114 $84,292.15 $534.89 $0.00 $476.60 $85,303.64
115 $85,303.64 $534.89 $0.00 $482.32 $86,320.85
116 $86,320.85 $534.89 $0.00 $488.07 $87,343.81
117 $87,343.81 $534.89 $0.00 $493.85 $88,372.55
118 $88,372.55 $534.89 $0.00 $499.67 $89,407.11
119 $89,407.11 $534.89 $0.00 $505.52 $90,447.52
120 $90,447.52 $534.89 $0.00 $511.40 $91,493.81
121 $91,493.81 $534.89 $0.00 $517.32 $92,546.02
122 $92,546.02 $534.89 $0.00 $523.27 $93,604.18
123 $93,604.18 $534.89 $0.00 $529.25 $94,668.32
124 $94,668.32 $534.89 $0.00 $535.27 $95,738.48
125 $95,738.48 $534.89 $0.00 $541.32 $96,814.69
126 $96,814.69 $534.89 $0.00 $547.40 $97,896.98
127 $97,896.98 $534.89 $0.00 $553.52 $98,985.39
128 $98,985.39 $534.89 $0.00 $559.68 $100,079.96
129 $100,079.96 $534.89 $0.00 $565.87 $101,180.72
130 $101,180.72 $534.89 $0.00 $572.09 $102,287.70
131 $102,287.70 $534.89 $0.00 $578.35 $103,400.94
132 $103,400.94 $534.89 $0.00 $584.64 $104,520.47
133 $104,520.47 $534.89 $0.00 $590.97 $105,646.33
134 $105,646.33 $534.89 $0.00 $597.34 $106,778.56
135 $106,778.56 $534.89 $0.00 $603.74 $107,917.19
136 $107,917.19 $534.89 $0.00 $610.18 $109,062.26
137 $109,062.26 $534.89 $0.00 $616.65 $110,213.80
138 $110,213.80 $534.89 $0.00 $623.16 $111,371.85
139 $111,371.85 $534.89 $0.00 $629.71 $112,536.45
140 $112,536.45 $534.89 $0.00 $636.30 $113,707.64
141 $113,707.64 $534.89 $0.00 $642.92 $114,885.45
142 $114,885.45 $534.89 $0.00 $649.58 $116,069.92
143 $116,069.92 $534.89 $0.00 $656.28 $117,261.09
144 $117,261.09 $534.89 $0.00 $663.01 $118,458.99
145 $118,458.99 $534.89 $0.00 $669.78 $119,663.66
146 $119,663.66 $534.89 $0.00 $676.60 $120,875.15
147 $120,875.15 $534.89 $0.00 $683.45 $122,093.49
148 $122,093.49 $534.89 $0.00 $690.33 $123,318.71
149 $123,318.71 $534.89 $0.00 $697.26 $124,550.86
150 $124,550.86 $534.89 $0.00 $704.23 $125,789.98
151 $125,789.98 $534.89 $0.00 $711.23 $127,036.10
152 $127,036.10 $534.89 $0.00 $718.28 $128,289.27
153 $128,289.27 $534.89 $0.00 $725.37 $129,549.53
154 $129,549.53 $534.89 $0.00 $732.49 $130,816.91
155 $130,816.91 $534.89 $0.00 $739.66 $132,091.46
156 $132,091.46 $534.89 $0.00 $746.86 $133,373.21
157 $133,373.21 $534.89 $0.00 $754.11 $134,662.21
158 $134,662.21 $534.89 $0.00 $761.40 $135,958.50
159 $135,958.50 $534.89 $0.00 $768.73 $137,262.12
160 $137,262.12 $534.89 $0.00 $776.10 $138,573.11
161 $138,573.11 $534.89 $0.00 $783.51 $139,891.51
162 $139,891.51 $534.89 $0.00 $790.97 $141,217.37
163 $141,217.37 $534.89 $0.00 $798.46 $142,550.72
164 $142,550.72 $534.89 $0.00 $806.00 $143,891.61
165 $143,891.61 $534.89 $0.00 $813.58 $145,240.08
166 $145,240.08 $534.89 $0.00 $821.21 $146,596.18
167 $146,596.18 $534.89 $0.00 $828.88 $147,959.95
168 $147,959.95 $534.89 $0.00 $836.59 $149,331.43
169 $149,331.43 $534.89 $0.00 $844.34 $150,710.66
170 $150,710.66 $534.89 $0.00 $852.14 $152,097.69
171 $152,097.69 $534.89 $0.00 $859.98 $153,492.56
172 $153,492.56 $534.89 $0.00 $867.87 $154,895.32
173 $154,895.32 $534.89 $0.00 $875.80 $156,306.01
174 $156,306.01 $534.89 $0.00 $883.78 $157,724.68
175 $157,724.68 $534.89 $0.00 $891.80 $159,151.37
176 $159,151.37 $534.89 $0.00 $899.86 $160,586.12
177 $160,586.12 $534.89 $0.00 $907.98 $162,028.99
178 $162,028.99 $534.89 $0.00 $916.14 $163,480.02
179 $163,480.02 $534.89 $0.00 $924.34 $164,939.25
180 $164,939.25 $534.89 $0.00 $932.59 $166,406.73
181 $166,406.73 $534.89 $0.00 $940.89 $167,882.51
182 $167,882.51 $534.89 $0.00 $949.23 $169,366.63
183 $169,366.63 $534.89 $0.00 $957.62 $170,859.14
184 $170,859.14 $534.89 $0.00 $966.06 $172,360.09
185 $172,360.09 $534.89 $0.00 $974.55 $173,869.53
186 $173,869.53 $534.89 $0.00 $983.08 $175,387.50
187 $175,387.50 $534.89 $0.00 $991.67 $176,914.06
188 $176,914.06 $534.89 $0.00 $1,000.30 $178,449.25
189 $178,449.25 $534.89 $0.00 $1,008.98 $179,993.12
190 $179,993.12 $534.89 $0.00 $1,017.71 $181,545.72
191 $181,545.72 $534.89 $0.00 $1,026.49 $183,107.10
192 $183,107.10 $534.89 $0.00 $1,035.31 $184,677.30
193 $184,677.30 $534.89 $0.00 $1,044.19 $186,256.38
194 $186,256.38 $534.89 $0.00 $1,053.12 $187,844.39
195 $187,844.39 $534.89 $0.00 $1,062.10 $189,441.38
196 $189,441.38 $534.89 $0.00 $1,071.13 $191,047.40
197 $191,047.40 $534.89 $0.00 $1,080.21 $192,662.50
198 $192,662.50 $534.89 $0.00 $1,089.34 $194,286.73
199 $194,286.73 $534.89 $0.00 $1,098.53 $195,920.15
200 $195,920.15 $534.89 $0.00 $1,107.76 $197,562.80
201 $197,562.80 $534.89 $0.00 $1,117.05 $199,214.74
202 $199,214.74 $534.89 $0.00 $1,126.39 $200,876.02
203 $200,876.02 $534.89 $0.00 $1,135.78 $202,546.69
204 $202,546.69 $534.89 $0.00 $1,145.23 $204,226.81
205 $204,226.81 $534.89 $0.00 $1,154.73 $205,916.43
206 $205,916.43 $534.89 $0.00 $1,164.28 $207,615.60
207 $207,615.60 $534.89 $0.00 $1,173.89 $209,324.38
208 $209,324.38 $534.89 $0.00 $1,183.55 $211,042.82
209 $211,042.82 $534.89 $0.00 $1,193.27 $212,770.98
210 $212,770.98 $534.89 $0.00 $1,203.04 $214,508.91
211 $214,508.91 $534.89 $0.00 $1,212.86 $216,256.66
212 $216,256.66 $534.89 $0.00 $1,222.75 $218,014.30
213 $218,014.30 $534.89 $0.00 $1,232.68 $219,781.87
214 $219,781.87 $534.89 $0.00 $1,242.68 $221,559.44
215 $221,559.44 $534.89 $0.00 $1,252.73 $223,347.06
216 $223,347.06 $534.89 $0.00 $1,262.84 $225,144.79
217 $225,144.79 $534.89 $60,973.98 $1,273.00 $165,978.70
218 $165,978.70 $534.89 $0.00 $938.47 $167,452.06
219 $167,452.06 $534.89 $0.00 $946.80 $168,933.75
220 $168,933.75 $534.89 $0.00 $955.18 $170,423.82
221 $170,423.82 $534.89 $0.00 $963.60 $171,922.31
222 $171,922.31 $534.89 $0.00 $972.07 $173,429.27
223 $173,429.27 $534.89 $0.00 $980.59 $174,944.75
224 $174,944.75 $534.89 $0.00 $989.16 $176,468.80
225 $176,468.80 $534.89 $0.00 $997.78 $178,001.47
226 $178,001.47 $534.89 $0.00 $1,006.45 $179,542.81
227 $179,542.81 $534.89 $0.00 $1,015.16 $181,092.86
228 $181,092.86 $534.89 $0.00 $1,023.93 $182,651.68
229 $182,651.68 $534.89 $65,242.16 $1,032.74 $118,977.15
230 $118,977.15 $534.89 $0.00 $672.71 $120,184.75
231 $120,184.75 $534.89 $0.00 $679.54 $121,399.18
232 $121,399.18 $534.89 $0.00 $686.41 $122,620.48
233 $122,620.48 $534.89 $0.00 $693.31 $123,848.68
234 $123,848.68 $534.89 $0.00 $700.26 $125,083.83
235 $125,083.83 $534.89 $0.00 $707.24 $126,325.96
236 $126,325.96 $534.89 $0.00 $714.27 $127,575.12
237 $127,575.12 $534.89 $0.00 $721.33 $128,831.34
238 $128,831.34 $534.89 $0.00 $728.43 $130,094.66
239 $130,094.66 $534.89 $0.00 $735.57 $131,365.12
240 $131,365.12 $534.89 $0.00 $742.76 $132,642.77
241 $132,642.77 $534.89 $69,809.11 $749.98 $64,118.53
242 $64,118.53 $534.89 $0.00 $362.54 $65,015.96
243 $65,015.96 $534.89 $0.00 $367.61 $65,918.46
244 $65,918.46 $534.89 $0.00 $372.71 $66,826.06
245 $66,826.06 $534.89 $0.00 $377.84 $67,738.79
246 $67,738.79 $534.89 $0.00 $383.00 $68,656.68
247 $68,656.68 $534.89 $0.00 $388.19 $69,579.76
248 $69,579.76 $534.89 $0.00 $393.41 $70,508.06
249 $70,508.06 $534.89 $0.00 $398.66 $71,441.61
250 $71,441.61 $534.89 $0.00 $403.94 $72,380.44
251 $72,380.44 $534.89 $0.00 $409.25 $73,324.58
252 $73,324.58 $534.89 $0.00 $414.59 $74,274.06
253 $74,274.06 $0.00 $74,695.75 $419.96 -$1.73