Quantcast

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2038$115,916
Monthly savings required$918

How much will it cost to send your child to University of Charleston in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $463,665.49 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $917.58 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$44,700.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford University of Charleston in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $917.58 $0.00 $0.00 $917.58
2 $917.58 $917.58 $0.00 $5.19 $1,840.35
3 $1,840.35 $917.58 $0.00 $10.41 $2,768.34
4 $2,768.34 $917.58 $0.00 $15.65 $3,701.57
5 $3,701.57 $917.58 $0.00 $20.93 $4,640.08
6 $4,640.08 $917.58 $0.00 $26.24 $5,583.90
7 $5,583.90 $917.58 $0.00 $31.57 $6,533.05
8 $6,533.05 $917.58 $0.00 $36.94 $7,487.57
9 $7,487.57 $917.58 $0.00 $42.34 $8,447.49
10 $8,447.49 $917.58 $0.00 $47.76 $9,412.83
11 $9,412.83 $917.58 $0.00 $53.22 $10,383.63
12 $10,383.63 $917.58 $0.00 $58.71 $11,359.92
13 $11,359.92 $917.58 $0.00 $64.23 $12,341.73
14 $12,341.73 $917.58 $0.00 $69.78 $13,329.09
15 $13,329.09 $917.58 $0.00 $75.36 $14,322.03
16 $14,322.03 $917.58 $0.00 $80.98 $15,320.59
17 $15,320.59 $917.58 $0.00 $86.62 $16,324.79
18 $16,324.79 $917.58 $0.00 $92.30 $17,334.67
19 $17,334.67 $917.58 $0.00 $98.01 $18,350.26
20 $18,350.26 $917.58 $0.00 $103.76 $19,371.60
21 $19,371.60 $917.58 $0.00 $109.53 $20,398.71
22 $20,398.71 $917.58 $0.00 $115.34 $21,431.63
23 $21,431.63 $917.58 $0.00 $121.18 $22,470.39
24 $22,470.39 $917.58 $0.00 $127.05 $23,515.02
25 $23,515.02 $917.58 $0.00 $132.96 $24,565.56
26 $24,565.56 $917.58 $0.00 $138.90 $25,622.04
27 $25,622.04 $917.58 $0.00 $144.87 $26,684.49
28 $26,684.49 $917.58 $0.00 $150.88 $27,752.95
29 $27,752.95 $917.58 $0.00 $156.92 $28,827.45
30 $28,827.45 $917.58 $0.00 $162.99 $29,908.02
31 $29,908.02 $917.58 $0.00 $169.10 $30,994.70
32 $30,994.70 $917.58 $0.00 $175.25 $32,087.53
33 $32,087.53 $917.58 $0.00 $181.43 $33,186.54
34 $33,186.54 $917.58 $0.00 $187.64 $34,291.76
35 $34,291.76 $917.58 $0.00 $193.89 $35,403.23
36 $35,403.23 $917.58 $0.00 $200.18 $36,520.99
37 $36,520.99 $917.58 $0.00 $206.49 $37,645.06
38 $37,645.06 $917.58 $0.00 $212.85 $38,775.49
39 $38,775.49 $917.58 $0.00 $219.24 $39,912.31
40 $39,912.31 $917.58 $0.00 $225.67 $41,055.56
41 $41,055.56 $917.58 $0.00 $232.13 $42,205.27
42 $42,205.27 $917.58 $0.00 $238.63 $43,361.48
43 $43,361.48 $917.58 $0.00 $245.17 $44,524.23
44 $44,524.23 $917.58 $0.00 $251.75 $45,693.56
45 $45,693.56 $917.58 $0.00 $258.36 $46,869.50
46 $46,869.50 $917.58 $0.00 $265.01 $48,052.09
47 $48,052.09 $917.58 $0.00 $271.69 $49,241.36
48 $49,241.36 $917.58 $0.00 $278.42 $50,437.36
49 $50,437.36 $917.58 $0.00 $285.18 $51,640.12
50 $51,640.12 $917.58 $0.00 $291.98 $52,849.68
51 $52,849.68 $917.58 $0.00 $298.82 $54,066.08
52 $54,066.08 $917.58 $0.00 $305.70 $55,289.36
53 $55,289.36 $917.58 $0.00 $312.61 $56,519.55
54 $56,519.55 $917.58 $0.00 $319.57 $57,756.70
55 $57,756.70 $917.58 $0.00 $326.56 $59,000.84
56 $59,000.84 $917.58 $0.00 $333.60 $60,252.02
57 $60,252.02 $917.58 $0.00 $340.67 $61,510.27
58 $61,510.27 $917.58 $0.00 $347.79 $62,775.64
59 $62,775.64 $917.58 $0.00 $354.94 $64,048.16
60 $64,048.16 $917.58 $0.00 $362.14 $65,327.88
61 $65,327.88 $917.58 $0.00 $369.37 $66,614.83
62 $66,614.83 $917.58 $0.00 $376.65 $67,909.06
63 $67,909.06 $917.58 $0.00 $383.97 $69,210.61
64 $69,210.61 $917.58 $0.00 $391.33 $70,519.52
65 $70,519.52 $917.58 $0.00 $398.73 $71,835.83
66 $71,835.83 $917.58 $0.00 $406.17 $73,159.58
67 $73,159.58 $917.58 $0.00 $413.65 $74,490.81
68 $74,490.81 $917.58 $0.00 $421.18 $75,829.57
69 $75,829.57 $917.58 $0.00 $428.75 $77,175.90
70 $77,175.90 $917.58 $0.00 $436.36 $78,529.84
71 $78,529.84 $917.58 $0.00 $444.02 $79,891.44
72 $79,891.44 $917.58 $0.00 $451.72 $81,260.74
73 $81,260.74 $917.58 $0.00 $459.46 $82,637.78
74 $82,637.78 $917.58 $0.00 $467.25 $84,022.61
75 $84,022.61 $917.58 $0.00 $475.08 $85,415.27
76 $85,415.27 $917.58 $0.00 $482.95 $86,815.80
77 $86,815.80 $917.58 $0.00 $490.87 $88,224.25
78 $88,224.25 $917.58 $0.00 $498.83 $89,640.66
79 $89,640.66 $917.58 $0.00 $506.84 $91,065.08
80 $91,065.08 $917.58 $0.00 $514.90 $92,497.56
81 $92,497.56 $917.58 $0.00 $522.99 $93,938.13
82 $93,938.13 $917.58 $0.00 $531.14 $95,386.85
83 $95,386.85 $917.58 $0.00 $539.33 $96,843.76
84 $96,843.76 $917.58 $0.00 $547.57 $98,308.91
85 $98,308.91 $917.58 $0.00 $555.85 $99,782.34
86 $99,782.34 $917.58 $0.00 $564.18 $101,264.10
87 $101,264.10 $917.58 $0.00 $572.56 $102,754.24
88 $102,754.24 $917.58 $0.00 $580.99 $104,252.81
89 $104,252.81 $917.58 $0.00 $589.46 $105,759.85
90 $105,759.85 $917.58 $0.00 $597.98 $107,275.41
91 $107,275.41 $917.58 $0.00 $606.55 $108,799.54
92 $108,799.54 $917.58 $0.00 $615.17 $110,332.29
93 $110,332.29 $917.58 $0.00 $623.83 $111,873.70
94 $111,873.70 $917.58 $0.00 $632.55 $113,423.83
95 $113,423.83 $917.58 $0.00 $641.31 $114,982.72
96 $114,982.72 $917.58 $0.00 $650.13 $116,550.43
97 $116,550.43 $917.58 $0.00 $658.99 $118,127.00
98 $118,127.00 $917.58 $0.00 $667.91 $119,712.49
99 $119,712.49 $917.58 $0.00 $676.87 $121,306.94
100 $121,306.94 $917.58 $0.00 $685.89 $122,910.41
101 $122,910.41 $917.58 $0.00 $694.95 $124,522.94
102 $124,522.94 $917.58 $0.00 $704.07 $126,144.59
103 $126,144.59 $917.58 $0.00 $713.24 $127,775.41
104 $127,775.41 $917.58 $0.00 $722.46 $129,415.45
105 $129,415.45 $917.58 $0.00 $731.73 $131,064.76
106 $131,064.76 $917.58 $0.00 $741.06 $132,723.40
107 $132,723.40 $917.58 $0.00 $750.44 $134,391.42
108 $134,391.42 $917.58 $0.00 $759.87 $136,068.87
109 $136,068.87 $917.58 $0.00 $769.35 $137,755.80
110 $137,755.80 $917.58 $0.00 $778.89 $139,452.27
111 $139,452.27 $917.58 $0.00 $788.48 $141,158.33
112 $141,158.33 $917.58 $0.00 $798.13 $142,874.04
113 $142,874.04 $917.58 $0.00 $807.83 $144,599.45
114 $144,599.45 $917.58 $0.00 $817.59 $146,334.62
115 $146,334.62 $917.58 $0.00 $827.40 $148,079.60
116 $148,079.60 $917.58 $0.00 $837.26 $149,834.44
117 $149,834.44 $917.58 $0.00 $847.19 $151,599.21
118 $151,599.21 $917.58 $0.00 $857.16 $153,373.95
119 $153,373.95 $917.58 $0.00 $867.20 $155,158.73
120 $155,158.73 $917.58 $0.00 $877.29 $156,953.60
121 $156,953.60 $917.58 $0.00 $887.44 $158,758.62
122 $158,758.62 $917.58 $0.00 $897.64 $160,573.84
123 $160,573.84 $917.58 $0.00 $907.91 $162,399.33
124 $162,399.33 $917.58 $0.00 $918.23 $164,235.14
125 $164,235.14 $917.58 $0.00 $928.61 $166,081.33
126 $166,081.33 $917.58 $0.00 $939.05 $167,937.96
127 $167,937.96 $917.58 $0.00 $949.55 $169,805.09
128 $169,805.09 $917.58 $0.00 $960.10 $171,682.77
129 $171,682.77 $917.58 $0.00 $970.72 $173,571.07
130 $173,571.07 $917.58 $0.00 $981.40 $175,470.05
131 $175,470.05 $917.58 $0.00 $992.13 $177,379.76
132 $177,379.76 $917.58 $0.00 $1,002.93 $179,300.27
133 $179,300.27 $917.58 $0.00 $1,013.79 $181,231.64
134 $181,231.64 $917.58 $0.00 $1,024.71 $183,173.93
135 $183,173.93 $917.58 $0.00 $1,035.69 $185,127.20
136 $185,127.20 $917.58 $0.00 $1,046.74 $187,091.52
137 $187,091.52 $917.58 $0.00 $1,057.84 $189,066.94
138 $189,066.94 $917.58 $0.00 $1,069.01 $191,053.53
139 $191,053.53 $917.58 $0.00 $1,080.24 $193,051.35
140 $193,051.35 $917.58 $0.00 $1,091.54 $195,060.47
141 $195,060.47 $917.58 $0.00 $1,102.90 $197,080.95
142 $197,080.95 $917.58 $0.00 $1,114.32 $199,112.85
143 $199,112.85 $917.58 $0.00 $1,125.81 $201,156.24
144 $201,156.24 $917.58 $0.00 $1,137.37 $203,211.19
145 $203,211.19 $917.58 $0.00 $1,148.99 $205,277.76
146 $205,277.76 $917.58 $0.00 $1,160.67 $207,356.01
147 $207,356.01 $917.58 $0.00 $1,172.42 $209,446.01
148 $209,446.01 $917.58 $0.00 $1,184.24 $211,547.83
149 $211,547.83 $917.58 $0.00 $1,196.12 $213,661.53
150 $213,661.53 $917.58 $0.00 $1,208.07 $215,787.18
151 $215,787.18 $917.58 $0.00 $1,220.09 $217,924.85
152 $217,924.85 $917.58 $0.00 $1,232.18 $220,074.61
153 $220,074.61 $917.58 $0.00 $1,244.33 $222,236.52
154 $222,236.52 $917.58 $0.00 $1,256.56 $224,410.66
155 $224,410.66 $917.58 $0.00 $1,268.85 $226,597.09
156 $226,597.09 $917.58 $0.00 $1,281.21 $228,795.88
157 $228,795.88 $917.58 $0.00 $1,293.65 $231,007.11
158 $231,007.11 $917.58 $0.00 $1,306.15 $233,230.84
159 $233,230.84 $917.58 $0.00 $1,318.72 $235,467.14
160 $235,467.14 $917.58 $0.00 $1,331.37 $237,716.09
161 $237,716.09 $917.58 $0.00 $1,344.08 $239,977.75
162 $239,977.75 $917.58 $0.00 $1,356.87 $242,252.20
163 $242,252.20 $917.58 $0.00 $1,369.73 $244,539.51
164 $244,539.51 $917.58 $0.00 $1,382.66 $246,839.75
165 $246,839.75 $917.58 $0.00 $1,395.67 $249,153.00
166 $249,153.00 $917.58 $0.00 $1,408.75 $251,479.33
167 $251,479.33 $917.58 $0.00 $1,421.90 $253,818.81
168 $253,818.81 $917.58 $0.00 $1,435.13 $256,171.52
169 $256,171.52 $917.58 $0.00 $1,448.43 $258,537.53
170 $258,537.53 $917.58 $0.00 $1,461.81 $260,916.92
171 $260,916.92 $917.58 $0.00 $1,475.26 $263,309.76
172 $263,309.76 $917.58 $0.00 $1,488.79 $265,716.13
173 $265,716.13 $917.58 $0.00 $1,502.40 $268,136.11
174 $268,136.11 $917.58 $0.00 $1,516.08 $270,569.77
175 $270,569.77 $917.58 $0.00 $1,529.84 $273,017.19
176 $273,017.19 $917.58 $0.00 $1,543.68 $275,478.45
177 $275,478.45 $917.58 $0.00 $1,557.60 $277,953.63
178 $277,953.63 $917.58 $0.00 $1,571.59 $280,442.80
179 $280,442.80 $917.58 $0.00 $1,585.66 $282,946.04
180 $282,946.04 $917.58 $0.00 $1,599.82 $285,463.44
181 $285,463.44 $917.58 $0.00 $1,614.05 $287,995.07
182 $287,995.07 $917.58 $0.00 $1,628.37 $290,541.02
183 $290,541.02 $917.58 $0.00 $1,642.76 $293,101.36
184 $293,101.36 $917.58 $0.00 $1,657.24 $295,676.18
185 $295,676.18 $917.58 $0.00 $1,671.80 $298,265.56
186 $298,265.56 $917.58 $0.00 $1,686.44 $300,869.58
187 $300,869.58 $917.58 $0.00 $1,701.16 $303,488.32
188 $303,488.32 $917.58 $0.00 $1,715.97 $306,121.87
189 $306,121.87 $917.58 $0.00 $1,730.86 $308,770.31
190 $308,770.31 $917.58 $0.00 $1,745.83 $311,433.72
191 $311,433.72 $917.58 $0.00 $1,760.89 $314,112.19
192 $314,112.19 $917.58 $0.00 $1,776.04 $316,805.81
193 $316,805.81 $917.58 $0.00 $1,791.27 $319,514.66
194 $319,514.66 $917.58 $0.00 $1,806.58 $322,238.82
195 $322,238.82 $917.58 $0.00 $1,821.99 $324,978.39
196 $324,978.39 $917.58 $0.00 $1,837.48 $327,733.45
197 $327,733.45 $917.58 $0.00 $1,853.05 $330,504.08
198 $330,504.08 $917.58 $0.00 $1,868.72 $333,290.38
199 $333,290.38 $917.58 $0.00 $1,884.47 $336,092.43
200 $336,092.43 $917.58 $0.00 $1,900.32 $338,910.33
201 $338,910.33 $917.58 $0.00 $1,916.25 $341,744.16
202 $341,744.16 $917.58 $0.00 $1,932.27 $344,594.01
203 $344,594.01 $917.58 $0.00 $1,948.38 $347,459.97
204 $347,459.97 $917.58 $0.00 $1,964.59 $350,342.14
205 $350,342.14 $917.58 $0.00 $1,980.89 $353,240.61
206 $353,240.61 $917.58 $0.00 $1,997.27 $356,155.46
207 $356,155.46 $917.58 $0.00 $2,013.75 $359,086.79
208 $359,086.79 $917.58 $0.00 $2,030.33 $362,034.70
209 $362,034.70 $917.58 $0.00 $2,047.00 $364,999.28
210 $364,999.28 $917.58 $0.00 $2,063.76 $367,980.62
211 $367,980.62 $917.58 $0.00 $2,080.62 $370,978.82
212 $370,978.82 $917.58 $0.00 $2,097.57 $373,993.97
213 $373,993.97 $917.58 $0.00 $2,114.62 $377,026.17
214 $377,026.17 $917.58 $0.00 $2,131.76 $380,075.51
215 $380,075.51 $917.58 $0.00 $2,149.00 $383,142.09
216 $383,142.09 $917.58 $0.00 $2,166.34 $386,226.01
217 $386,226.01 $917.58 $107,575.88 $2,183.78 $281,751.49
218 $281,751.49 $917.58 $0.00 $1,593.06 $284,262.13
219 $284,262.13 $917.58 $0.00 $1,607.26 $286,786.97
220 $286,786.97 $917.58 $0.00 $1,621.54 $289,326.09
221 $289,326.09 $917.58 $0.00 $1,635.89 $291,879.56
222 $291,879.56 $917.58 $0.00 $1,650.33 $294,447.47
223 $294,447.47 $917.58 $0.00 $1,664.85 $297,029.90
224 $297,029.90 $917.58 $0.00 $1,679.45 $299,626.93
225 $299,626.93 $917.58 $0.00 $1,694.13 $302,238.64
226 $302,238.64 $917.58 $0.00 $1,708.90 $304,865.12
227 $304,865.12 $917.58 $0.00 $1,723.75 $307,506.45
228 $307,506.45 $917.58 $0.00 $1,738.69 $310,162.72
229 $310,162.72 $917.58 $112,954.67 $1,753.71 $199,879.34
230 $199,879.34 $917.58 $0.00 $1,130.15 $201,927.07
231 $201,927.07 $917.58 $0.00 $1,141.73 $203,986.38
232 $203,986.38 $917.58 $0.00 $1,153.37 $206,057.33
233 $206,057.33 $917.58 $0.00 $1,165.08 $208,139.99
234 $208,139.99 $917.58 $0.00 $1,176.85 $210,234.42
235 $210,234.42 $917.58 $0.00 $1,188.70 $212,340.70
236 $212,340.70 $917.58 $0.00 $1,200.61 $214,458.89
237 $214,458.89 $917.58 $0.00 $1,212.58 $216,589.05
238 $216,589.05 $917.58 $0.00 $1,224.63 $218,731.26
239 $218,731.26 $917.58 $0.00 $1,236.74 $220,885.58
240 $220,885.58 $917.58 $0.00 $1,248.92 $223,052.08
241 $223,052.08 $917.58 $118,602.41 $1,261.17 $106,628.42
242 $106,628.42 $917.58 $0.00 $602.89 $108,148.89
243 $108,148.89 $917.58 $0.00 $611.49 $109,677.96
244 $109,677.96 $917.58 $0.00 $620.14 $111,215.68
245 $111,215.68 $917.58 $0.00 $628.83 $112,762.09
246 $112,762.09 $917.58 $0.00 $637.57 $114,317.24
247 $114,317.24 $917.58 $0.00 $646.37 $115,881.19
248 $115,881.19 $917.58 $0.00 $655.21 $117,453.98
249 $117,453.98 $917.58 $0.00 $664.10 $119,035.66
250 $119,035.66 $917.58 $0.00 $673.04 $120,626.28
251 $120,626.28 $917.58 $0.00 $682.04 $122,225.90
252 $122,225.90 $917.58 $0.00 $691.08 $123,834.56
253 $123,834.56 $0.00 $124,532.53 $700.18 $2.21