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Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2038$35,825
Monthly savings required$159

How much will it cost to send your child to Eastern West Virginia Community and Technical College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $71,650.23 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $159.22 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$14,523.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Discover how much will you need to start saving now to afford Eastern West Virginia Community and Technical College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $159.22 $0.00 $0.00 $159.22
2 $159.22 $159.22 $0.00 $0.90 $319.34
3 $319.34 $159.22 $0.00 $1.81 $480.37
4 $480.37 $159.22 $0.00 $2.72 $642.31
5 $642.31 $159.22 $0.00 $3.63 $805.16
6 $805.16 $159.22 $0.00 $4.55 $968.93
7 $968.93 $159.22 $0.00 $5.48 $1,133.63
8 $1,133.63 $159.22 $0.00 $6.41 $1,299.26
9 $1,299.26 $159.22 $0.00 $7.35 $1,465.83
10 $1,465.83 $159.22 $0.00 $8.29 $1,633.34
11 $1,633.34 $159.22 $0.00 $9.24 $1,801.80
12 $1,801.80 $159.22 $0.00 $10.19 $1,971.21
13 $1,971.21 $159.22 $0.00 $11.15 $2,141.58
14 $2,141.58 $159.22 $0.00 $12.11 $2,312.91
15 $2,312.91 $159.22 $0.00 $13.08 $2,485.21
16 $2,485.21 $159.22 $0.00 $14.05 $2,658.48
17 $2,658.48 $159.22 $0.00 $15.03 $2,832.73
18 $2,832.73 $159.22 $0.00 $16.02 $3,007.97
19 $3,007.97 $159.22 $0.00 $17.01 $3,184.20
20 $3,184.20 $159.22 $0.00 $18.00 $3,361.42
21 $3,361.42 $159.22 $0.00 $19.01 $3,539.65
22 $3,539.65 $159.22 $0.00 $20.01 $3,718.88
23 $3,718.88 $159.22 $0.00 $21.03 $3,899.13
24 $3,899.13 $159.22 $0.00 $22.05 $4,080.40
25 $4,080.40 $159.22 $0.00 $23.07 $4,262.69
26 $4,262.69 $159.22 $0.00 $24.10 $4,446.01
27 $4,446.01 $159.22 $0.00 $25.14 $4,630.37
28 $4,630.37 $159.22 $0.00 $26.18 $4,815.77
29 $4,815.77 $159.22 $0.00 $27.23 $5,002.22
30 $5,002.22 $159.22 $0.00 $28.28 $5,189.72
31 $5,189.72 $159.22 $0.00 $29.34 $5,378.28
32 $5,378.28 $159.22 $0.00 $30.41 $5,567.91
33 $5,567.91 $159.22 $0.00 $31.48 $5,758.61
34 $5,758.61 $159.22 $0.00 $32.56 $5,950.39
35 $5,950.39 $159.22 $0.00 $33.64 $6,143.25
36 $6,143.25 $159.22 $0.00 $34.73 $6,337.20
37 $6,337.20 $159.22 $0.00 $35.83 $6,532.25
38 $6,532.25 $159.22 $0.00 $36.93 $6,728.40
39 $6,728.40 $159.22 $0.00 $38.04 $6,925.66
40 $6,925.66 $159.22 $0.00 $39.16 $7,124.04
41 $7,124.04 $159.22 $0.00 $40.28 $7,323.54
42 $7,323.54 $159.22 $0.00 $41.41 $7,524.17
43 $7,524.17 $159.22 $0.00 $42.54 $7,725.93
44 $7,725.93 $159.22 $0.00 $43.68 $7,928.83
45 $7,928.83 $159.22 $0.00 $44.83 $8,132.88
46 $8,132.88 $159.22 $0.00 $45.98 $8,338.08
47 $8,338.08 $159.22 $0.00 $47.14 $8,544.44
48 $8,544.44 $159.22 $0.00 $48.31 $8,751.97
49 $8,751.97 $159.22 $0.00 $49.48 $8,960.67
50 $8,960.67 $159.22 $0.00 $50.66 $9,170.55
51 $9,170.55 $159.22 $0.00 $51.85 $9,381.62
52 $9,381.62 $159.22 $0.00 $53.05 $9,593.89
53 $9,593.89 $159.22 $0.00 $54.25 $9,807.36
54 $9,807.36 $159.22 $0.00 $55.45 $10,022.03
55 $10,022.03 $159.22 $0.00 $56.67 $10,237.92
56 $10,237.92 $159.22 $0.00 $57.89 $10,455.03
57 $10,455.03 $159.22 $0.00 $59.11 $10,673.36
58 $10,673.36 $159.22 $0.00 $60.35 $10,892.93
59 $10,892.93 $159.22 $0.00 $61.59 $11,113.74
60 $11,113.74 $159.22 $0.00 $62.84 $11,335.80
61 $11,335.80 $159.22 $0.00 $64.09 $11,559.11
62 $11,559.11 $159.22 $0.00 $65.36 $11,783.69
63 $11,783.69 $159.22 $0.00 $66.63 $12,009.54
64 $12,009.54 $159.22 $0.00 $67.90 $12,236.66
65 $12,236.66 $159.22 $0.00 $69.19 $12,465.07
66 $12,465.07 $159.22 $0.00 $70.48 $12,694.77
67 $12,694.77 $159.22 $0.00 $71.78 $12,925.77
68 $12,925.77 $159.22 $0.00 $73.08 $13,158.07
69 $13,158.07 $159.22 $0.00 $74.40 $13,391.69
70 $13,391.69 $159.22 $0.00 $75.72 $13,626.63
71 $13,626.63 $159.22 $0.00 $77.05 $13,862.90
72 $13,862.90 $159.22 $0.00 $78.38 $14,100.50
73 $14,100.50 $159.22 $0.00 $79.73 $14,339.45
74 $14,339.45 $159.22 $0.00 $81.08 $14,579.75
75 $14,579.75 $159.22 $0.00 $82.44 $14,821.41
76 $14,821.41 $159.22 $0.00 $83.80 $15,064.43
77 $15,064.43 $159.22 $0.00 $85.18 $15,308.83
78 $15,308.83 $159.22 $0.00 $86.56 $15,554.61
79 $15,554.61 $159.22 $0.00 $87.95 $15,801.78
80 $15,801.78 $159.22 $0.00 $89.35 $16,050.35
81 $16,050.35 $159.22 $0.00 $90.75 $16,300.32
82 $16,300.32 $159.22 $0.00 $92.16 $16,551.70
83 $16,551.70 $159.22 $0.00 $93.59 $16,804.51
84 $16,804.51 $159.22 $0.00 $95.02 $17,058.75
85 $17,058.75 $159.22 $0.00 $96.45 $17,314.42
86 $17,314.42 $159.22 $0.00 $97.90 $17,571.54
87 $17,571.54 $159.22 $0.00 $99.35 $17,830.11
88 $17,830.11 $159.22 $0.00 $100.81 $18,090.14
89 $18,090.14 $159.22 $0.00 $102.28 $18,351.64
90 $18,351.64 $159.22 $0.00 $103.76 $18,614.62
91 $18,614.62 $159.22 $0.00 $105.25 $18,879.09
92 $18,879.09 $159.22 $0.00 $106.75 $19,145.06
93 $19,145.06 $159.22 $0.00 $108.25 $19,412.53
94 $19,412.53 $159.22 $0.00 $109.76 $19,681.51
95 $19,681.51 $159.22 $0.00 $111.28 $19,952.01
96 $19,952.01 $159.22 $0.00 $112.81 $20,224.04
97 $20,224.04 $159.22 $0.00 $114.35 $20,497.61
98 $20,497.61 $159.22 $0.00 $115.90 $20,772.73
99 $20,772.73 $159.22 $0.00 $117.45 $21,049.40
100 $21,049.40 $159.22 $0.00 $119.02 $21,327.64
101 $21,327.64 $159.22 $0.00 $120.59 $21,607.45
102 $21,607.45 $159.22 $0.00 $122.17 $21,888.84
103 $21,888.84 $159.22 $0.00 $123.76 $22,171.82
104 $22,171.82 $159.22 $0.00 $125.36 $22,456.40
105 $22,456.40 $159.22 $0.00 $126.97 $22,742.59
106 $22,742.59 $159.22 $0.00 $128.59 $23,030.40
107 $23,030.40 $159.22 $0.00 $130.22 $23,319.84
108 $23,319.84 $159.22 $0.00 $131.85 $23,610.91
109 $23,610.91 $159.22 $0.00 $133.50 $23,903.63
110 $23,903.63 $159.22 $0.00 $135.15 $24,198.00
111 $24,198.00 $159.22 $0.00 $136.82 $24,494.04
112 $24,494.04 $159.22 $0.00 $138.49 $24,791.75
113 $24,791.75 $159.22 $0.00 $140.18 $25,091.15
114 $25,091.15 $159.22 $0.00 $141.87 $25,392.24
115 $25,392.24 $159.22 $0.00 $143.57 $25,695.03
116 $25,695.03 $159.22 $0.00 $145.28 $25,999.53
117 $25,999.53 $159.22 $0.00 $147.01 $26,305.76
118 $26,305.76 $159.22 $0.00 $148.74 $26,613.72
119 $26,613.72 $159.22 $0.00 $150.48 $26,923.42
120 $26,923.42 $159.22 $0.00 $152.23 $27,234.87
121 $27,234.87 $159.22 $0.00 $153.99 $27,548.08
122 $27,548.08 $159.22 $0.00 $155.76 $27,863.06
123 $27,863.06 $159.22 $0.00 $157.54 $28,179.82
124 $28,179.82 $159.22 $0.00 $159.33 $28,498.37
125 $28,498.37 $159.22 $0.00 $161.13 $28,818.72
126 $28,818.72 $159.22 $0.00 $162.95 $29,140.89
127 $29,140.89 $159.22 $0.00 $164.77 $29,464.88
128 $29,464.88 $159.22 $0.00 $166.60 $29,790.70
129 $29,790.70 $159.22 $0.00 $168.44 $30,118.36
130 $30,118.36 $159.22 $0.00 $170.29 $30,447.87
131 $30,447.87 $159.22 $0.00 $172.16 $30,779.25
132 $30,779.25 $159.22 $0.00 $174.03 $31,112.50
133 $31,112.50 $159.22 $0.00 $175.91 $31,447.63
134 $31,447.63 $159.22 $0.00 $177.81 $31,784.66
135 $31,784.66 $159.22 $0.00 $179.72 $32,123.60
136 $32,123.60 $159.22 $0.00 $181.63 $32,464.45
137 $32,464.45 $159.22 $0.00 $183.56 $32,807.23
138 $32,807.23 $159.22 $0.00 $185.50 $33,151.95
139 $33,151.95 $159.22 $0.00 $187.45 $33,498.62
140 $33,498.62 $159.22 $0.00 $189.41 $33,847.25
141 $33,847.25 $159.22 $0.00 $191.38 $34,197.85
142 $34,197.85 $159.22 $0.00 $193.36 $34,550.43
143 $34,550.43 $159.22 $0.00 $195.35 $34,905.00
144 $34,905.00 $159.22 $0.00 $197.36 $35,261.58
145 $35,261.58 $159.22 $0.00 $199.37 $35,620.17
146 $35,620.17 $159.22 $0.00 $201.40 $35,980.79
147 $35,980.79 $159.22 $0.00 $203.44 $36,343.45
148 $36,343.45 $159.22 $0.00 $205.49 $36,708.16
149 $36,708.16 $159.22 $0.00 $207.55 $37,074.93
150 $37,074.93 $159.22 $0.00 $209.63 $37,443.78
151 $37,443.78 $159.22 $0.00 $211.71 $37,814.71
152 $37,814.71 $159.22 $0.00 $213.81 $38,187.74
153 $38,187.74 $159.22 $0.00 $215.92 $38,562.88
154 $38,562.88 $159.22 $0.00 $218.04 $38,940.14
155 $38,940.14 $159.22 $0.00 $220.17 $39,319.53
156 $39,319.53 $159.22 $0.00 $222.32 $39,701.07
157 $39,701.07 $159.22 $0.00 $224.48 $40,084.77
158 $40,084.77 $159.22 $0.00 $226.65 $40,470.64
159 $40,470.64 $159.22 $0.00 $228.83 $40,858.69
160 $40,858.69 $159.22 $0.00 $231.02 $41,248.93
161 $41,248.93 $159.22 $0.00 $233.23 $41,641.38
162 $41,641.38 $159.22 $0.00 $235.45 $42,036.05
163 $42,036.05 $159.22 $0.00 $237.68 $42,432.95
164 $42,432.95 $159.22 $0.00 $239.92 $42,832.09
165 $42,832.09 $159.22 $0.00 $242.18 $43,233.49
166 $43,233.49 $159.22 $0.00 $244.45 $43,637.16
167 $43,637.16 $159.22 $0.00 $246.73 $44,043.11
168 $44,043.11 $159.22 $0.00 $249.03 $44,451.36
169 $44,451.36 $159.22 $0.00 $251.33 $44,861.91
170 $44,861.91 $159.22 $0.00 $253.66 $45,274.79
171 $45,274.79 $159.22 $0.00 $255.99 $45,690.00
172 $45,690.00 $159.22 $0.00 $258.34 $46,107.56
173 $46,107.56 $159.22 $0.00 $260.70 $46,527.48
174 $46,527.48 $159.22 $0.00 $263.07 $46,949.77
175 $46,949.77 $159.22 $0.00 $265.46 $47,374.45
176 $47,374.45 $159.22 $0.00 $267.86 $47,801.53
177 $47,801.53 $159.22 $0.00 $270.28 $48,231.03
178 $48,231.03 $159.22 $0.00 $272.71 $48,662.96
179 $48,662.96 $159.22 $0.00 $275.15 $49,097.33
180 $49,097.33 $159.22 $0.00 $277.60 $49,534.15
181 $49,534.15 $159.22 $0.00 $280.07 $49,973.44
182 $49,973.44 $159.22 $0.00 $282.56 $50,415.22
183 $50,415.22 $159.22 $0.00 $285.05 $50,859.49
184 $50,859.49 $159.22 $0.00 $287.57 $51,306.28
185 $51,306.28 $159.22 $0.00 $290.09 $51,755.59
186 $51,755.59 $159.22 $0.00 $292.63 $52,207.44
187 $52,207.44 $159.22 $0.00 $295.19 $52,661.85
188 $52,661.85 $159.22 $0.00 $297.76 $53,118.83
189 $53,118.83 $159.22 $0.00 $300.34 $53,578.39
190 $53,578.39 $159.22 $0.00 $302.94 $54,040.55
191 $54,040.55 $159.22 $0.00 $305.55 $54,505.32
192 $54,505.32 $159.22 $0.00 $308.18 $54,972.72
193 $54,972.72 $159.22 $0.00 $310.82 $55,442.76
194 $55,442.76 $159.22 $0.00 $313.48 $55,915.46
195 $55,915.46 $159.22 $0.00 $316.15 $56,390.83
196 $56,390.83 $159.22 $0.00 $318.84 $56,868.89
197 $56,868.89 $159.22 $0.00 $321.54 $57,349.65
198 $57,349.65 $159.22 $0.00 $324.26 $57,833.13
199 $57,833.13 $159.22 $0.00 $327.00 $58,319.35
200 $58,319.35 $159.22 $0.00 $329.75 $58,808.32
201 $58,808.32 $159.22 $0.00 $332.51 $59,300.05
202 $59,300.05 $159.22 $0.00 $335.29 $59,794.56
203 $59,794.56 $159.22 $0.00 $338.09 $60,291.87
204 $60,291.87 $159.22 $0.00 $340.90 $60,791.99
205 $60,791.99 $159.22 $0.00 $343.73 $61,294.94
206 $61,294.94 $159.22 $0.00 $346.57 $61,800.73
207 $61,800.73 $159.22 $0.00 $349.43 $62,309.38
208 $62,309.38 $159.22 $0.00 $352.31 $62,820.91
209 $62,820.91 $159.22 $0.00 $355.20 $63,335.33
210 $63,335.33 $159.22 $0.00 $358.11 $63,852.66
211 $63,852.66 $159.22 $0.00 $361.03 $64,372.91
212 $64,372.91 $159.22 $0.00 $363.97 $64,896.10
213 $64,896.10 $159.22 $0.00 $366.93 $65,422.25
214 $65,422.25 $159.22 $0.00 $369.91 $65,951.38
215 $65,951.38 $159.22 $0.00 $372.90 $66,483.50
216 $66,483.50 $159.22 $0.00 $375.91 $67,018.63
217 $67,018.63 $159.22 $34,951.33 $378.93 $32,605.45
218 $32,605.45 $159.22 $0.00 $184.36 $32,949.03
219 $32,949.03 $159.22 $0.00 $186.30 $33,294.55
220 $33,294.55 $159.22 $0.00 $188.25 $33,642.02
221 $33,642.02 $159.22 $0.00 $190.22 $33,991.46
222 $33,991.46 $159.22 $0.00 $192.19 $34,342.87
223 $34,342.87 $159.22 $0.00 $194.18 $34,696.27
224 $34,696.27 $159.22 $0.00 $196.18 $35,051.67
225 $35,051.67 $159.22 $0.00 $198.19 $35,409.08
226 $35,409.08 $159.22 $0.00 $200.21 $35,768.51
227 $35,768.51 $159.22 $0.00 $202.24 $36,129.97
228 $36,129.97 $159.22 $0.00 $204.28 $36,493.47
229 $36,493.47 $0.00 $36,698.90 $206.34 $0.91