Savings Plan and Future Cost Estimation for Pulaski Technical College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$77,157
Monthly savings required$343

How much will it cost to send your child to Pulaski Technical College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $154,313.92 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $342.80 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$22,056.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $342.80 $0.00 $0.00 $342.80
2 $342.80 $342.80 $0.00 $1.94 $687.54
3 $687.54 $342.80 $0.00 $3.89 $1,034.23
4 $1,034.23 $342.80 $0.00 $5.85 $1,382.88
5 $1,382.88 $342.80 $0.00 $7.82 $1,733.50
6 $1,733.50 $342.80 $0.00 $9.80 $2,086.10
7 $2,086.10 $342.80 $0.00 $11.80 $2,440.70
8 $2,440.70 $342.80 $0.00 $13.80 $2,797.30
9 $2,797.30 $342.80 $0.00 $15.82 $3,155.92
10 $3,155.92 $342.80 $0.00 $17.84 $3,516.56
11 $3,516.56 $342.80 $0.00 $19.88 $3,879.24
12 $3,879.24 $342.80 $0.00 $21.93 $4,243.97
13 $4,243.97 $342.80 $0.00 $24.00 $4,610.77
14 $4,610.77 $342.80 $0.00 $26.07 $4,979.64
15 $4,979.64 $342.80 $0.00 $28.16 $5,350.60
16 $5,350.60 $342.80 $0.00 $30.25 $5,723.65
17 $5,723.65 $342.80 $0.00 $32.36 $6,098.81
18 $6,098.81 $342.80 $0.00 $34.48 $6,476.09
19 $6,476.09 $342.80 $0.00 $36.62 $6,855.51
20 $6,855.51 $342.80 $0.00 $38.76 $7,237.07
21 $7,237.07 $342.80 $0.00 $40.92 $7,620.79
22 $7,620.79 $342.80 $0.00 $43.09 $8,006.68
23 $8,006.68 $342.80 $0.00 $45.27 $8,394.75
24 $8,394.75 $342.80 $0.00 $47.47 $8,785.02
25 $8,785.02 $342.80 $0.00 $49.67 $9,177.49
26 $9,177.49 $342.80 $0.00 $51.89 $9,572.18
27 $9,572.18 $342.80 $0.00 $54.12 $9,969.10
28 $9,969.10 $342.80 $0.00 $56.37 $10,368.27
29 $10,368.27 $342.80 $0.00 $58.62 $10,769.69
30 $10,769.69 $342.80 $0.00 $60.89 $11,173.38
31 $11,173.38 $342.80 $0.00 $63.18 $11,579.36
32 $11,579.36 $342.80 $0.00 $65.47 $11,987.63
33 $11,987.63 $342.80 $0.00 $67.78 $12,398.21
34 $12,398.21 $342.80 $0.00 $70.10 $12,811.11
35 $12,811.11 $342.80 $0.00 $72.44 $13,226.35
36 $13,226.35 $342.80 $0.00 $74.78 $13,643.93
37 $13,643.93 $342.80 $0.00 $77.14 $14,063.87
38 $14,063.87 $342.80 $0.00 $79.52 $14,486.19
39 $14,486.19 $342.80 $0.00 $81.91 $14,910.90
40 $14,910.90 $342.80 $0.00 $84.31 $15,338.01
41 $15,338.01 $342.80 $0.00 $86.72 $15,767.53
42 $15,767.53 $342.80 $0.00 $89.15 $16,199.48
43 $16,199.48 $342.80 $0.00 $91.59 $16,633.87
44 $16,633.87 $342.80 $0.00 $94.05 $17,070.72
45 $17,070.72 $342.80 $0.00 $96.52 $17,510.04
46 $17,510.04 $342.80 $0.00 $99.00 $17,951.84
47 $17,951.84 $342.80 $0.00 $101.50 $18,396.14
48 $18,396.14 $342.80 $0.00 $104.01 $18,842.95
49 $18,842.95 $342.80 $0.00 $106.54 $19,292.29
50 $19,292.29 $342.80 $0.00 $109.08 $19,744.17
51 $19,744.17 $342.80 $0.00 $111.64 $20,198.61
52 $20,198.61 $342.80 $0.00 $114.21 $20,655.62
53 $20,655.62 $342.80 $0.00 $116.79 $21,115.21
54 $21,115.21 $342.80 $0.00 $119.39 $21,577.40
55 $21,577.40 $342.80 $0.00 $122.00 $22,042.20
56 $22,042.20 $342.80 $0.00 $124.63 $22,509.63
57 $22,509.63 $342.80 $0.00 $127.27 $22,979.70
58 $22,979.70 $342.80 $0.00 $129.93 $23,452.43
59 $23,452.43 $342.80 $0.00 $132.60 $23,927.83
60 $23,927.83 $342.80 $0.00 $135.29 $24,405.92
61 $24,405.92 $342.80 $0.00 $137.99 $24,886.71
62 $24,886.71 $342.80 $0.00 $140.71 $25,370.22
63 $25,370.22 $342.80 $0.00 $143.45 $25,856.47
64 $25,856.47 $342.80 $0.00 $146.20 $26,345.47
65 $26,345.47 $342.80 $0.00 $148.96 $26,837.23
66 $26,837.23 $342.80 $0.00 $151.74 $27,331.77
67 $27,331.77 $342.80 $0.00 $154.54 $27,829.11
68 $27,829.11 $342.80 $0.00 $157.35 $28,329.26
69 $28,329.26 $342.80 $0.00 $160.18 $28,832.24
70 $28,832.24 $342.80 $0.00 $163.02 $29,338.06
71 $29,338.06 $342.80 $0.00 $165.88 $29,846.74
72 $29,846.74 $342.80 $0.00 $168.76 $30,358.30
73 $30,358.30 $342.80 $0.00 $171.65 $30,872.75
74 $30,872.75 $342.80 $0.00 $174.56 $31,390.11
75 $31,390.11 $342.80 $0.00 $177.48 $31,910.39
76 $31,910.39 $342.80 $0.00 $180.43 $32,433.62
77 $32,433.62 $342.80 $0.00 $183.38 $32,959.80
78 $32,959.80 $342.80 $0.00 $186.36 $33,488.96
79 $33,488.96 $342.80 $0.00 $189.35 $34,021.11
80 $34,021.11 $342.80 $0.00 $192.36 $34,556.27
81 $34,556.27 $342.80 $0.00 $195.39 $35,094.46
82 $35,094.46 $342.80 $0.00 $198.43 $35,635.69
83 $35,635.69 $342.80 $0.00 $201.49 $36,179.98
84 $36,179.98 $342.80 $0.00 $204.57 $36,727.35
85 $36,727.35 $342.80 $0.00 $207.66 $37,277.81
86 $37,277.81 $342.80 $0.00 $210.77 $37,831.38
87 $37,831.38 $342.80 $0.00 $213.90 $38,388.08
88 $38,388.08 $342.80 $0.00 $217.05 $38,947.93
89 $38,947.93 $342.80 $0.00 $220.22 $39,510.95
90 $39,510.95 $342.80 $0.00 $223.40 $40,077.15
91 $40,077.15 $342.80 $0.00 $226.60 $40,646.55
92 $40,646.55 $342.80 $0.00 $229.82 $41,219.17
93 $41,219.17 $342.80 $0.00 $233.06 $41,795.03
94 $41,795.03 $342.80 $0.00 $236.32 $42,374.15
95 $42,374.15 $342.80 $0.00 $239.59 $42,956.54
96 $42,956.54 $342.80 $0.00 $242.88 $43,542.22
97 $43,542.22 $342.80 $0.00 $246.19 $44,131.21
98 $44,131.21 $342.80 $0.00 $249.52 $44,723.53
99 $44,723.53 $342.80 $0.00 $252.87 $45,319.20
100 $45,319.20 $342.80 $0.00 $256.24 $45,918.24
101 $45,918.24 $342.80 $0.00 $259.63 $46,520.67
102 $46,520.67 $342.80 $0.00 $263.03 $47,126.50
103 $47,126.50 $342.80 $0.00 $266.46 $47,735.76
104 $47,735.76 $342.80 $0.00 $269.90 $48,348.46
105 $48,348.46 $342.80 $0.00 $273.37 $48,964.63
106 $48,964.63 $342.80 $0.00 $276.85 $49,584.28
107 $49,584.28 $342.80 $0.00 $280.36 $50,207.44
108 $50,207.44 $342.80 $0.00 $283.88 $50,834.12
109 $50,834.12 $342.80 $0.00 $287.42 $51,464.34
110 $51,464.34 $342.80 $0.00 $290.99 $52,098.13
111 $52,098.13 $342.80 $0.00 $294.57 $52,735.50
112 $52,735.50 $342.80 $0.00 $298.17 $53,376.47
113 $53,376.47 $342.80 $0.00 $301.80 $54,021.07
114 $54,021.07 $342.80 $0.00 $305.44 $54,669.31
115 $54,669.31 $342.80 $0.00 $309.11 $55,321.22
116 $55,321.22 $342.80 $0.00 $312.79 $55,976.81
117 $55,976.81 $342.80 $0.00 $316.50 $56,636.11
118 $56,636.11 $342.80 $0.00 $320.23 $57,299.14
119 $57,299.14 $342.80 $0.00 $323.98 $57,965.92
120 $57,965.92 $342.80 $0.00 $327.75 $58,636.47
121 $58,636.47 $342.80 $0.00 $331.54 $59,310.81
122 $59,310.81 $342.80 $0.00 $335.35 $59,988.96
123 $59,988.96 $342.80 $0.00 $339.19 $60,670.95
124 $60,670.95 $342.80 $0.00 $343.04 $61,356.79
125 $61,356.79 $342.80 $0.00 $346.92 $62,046.51
126 $62,046.51 $342.80 $0.00 $350.82 $62,740.13
127 $62,740.13 $342.80 $0.00 $354.74 $63,437.67
128 $63,437.67 $342.80 $0.00 $358.69 $64,139.16
129 $64,139.16 $342.80 $0.00 $362.65 $64,844.61
130 $64,844.61 $342.80 $0.00 $366.64 $65,554.05
131 $65,554.05 $342.80 $0.00 $370.65 $66,267.50
132 $66,267.50 $342.80 $0.00 $374.69 $66,984.99
133 $66,984.99 $342.80 $0.00 $378.74 $67,706.53
134 $67,706.53 $342.80 $0.00 $382.82 $68,432.15
135 $68,432.15 $342.80 $0.00 $386.93 $69,161.88
136 $69,161.88 $342.80 $0.00 $391.05 $69,895.73
137 $69,895.73 $342.80 $0.00 $395.20 $70,633.73
138 $70,633.73 $342.80 $0.00 $399.37 $71,375.90
139 $71,375.90 $342.80 $0.00 $403.57 $72,122.27
140 $72,122.27 $342.80 $0.00 $407.79 $72,872.86
141 $72,872.86 $342.80 $0.00 $412.03 $73,627.69
142 $73,627.69 $342.80 $0.00 $416.30 $74,386.79
143 $74,386.79 $342.80 $0.00 $420.59 $75,150.18
144 $75,150.18 $342.80 $0.00 $424.91 $75,917.89
145 $75,917.89 $342.80 $0.00 $429.25 $76,689.94
146 $76,689.94 $342.80 $0.00 $433.62 $77,466.36
147 $77,466.36 $342.80 $0.00 $438.01 $78,247.17
148 $78,247.17 $342.80 $0.00 $442.42 $79,032.39
149 $79,032.39 $342.80 $0.00 $446.86 $79,822.05
150 $79,822.05 $342.80 $0.00 $451.33 $80,616.18
151 $80,616.18 $342.80 $0.00 $455.82 $81,414.80
152 $81,414.80 $342.80 $0.00 $460.33 $82,217.93
153 $82,217.93 $342.80 $0.00 $464.87 $83,025.60
154 $83,025.60 $342.80 $0.00 $469.44 $83,837.84
155 $83,837.84 $342.80 $0.00 $474.03 $84,654.67
156 $84,654.67 $342.80 $0.00 $478.65 $85,476.12
157 $85,476.12 $342.80 $0.00 $483.29 $86,302.21
158 $86,302.21 $342.80 $0.00 $487.97 $87,132.98
159 $87,132.98 $342.80 $0.00 $492.66 $87,968.44
160 $87,968.44 $342.80 $0.00 $497.39 $88,808.63
161 $88,808.63 $342.80 $0.00 $502.14 $89,653.57
162 $89,653.57 $342.80 $0.00 $506.91 $90,503.28
163 $90,503.28 $342.80 $0.00 $511.72 $91,357.80
164 $91,357.80 $342.80 $0.00 $516.55 $92,217.15
165 $92,217.15 $342.80 $0.00 $521.41 $93,081.36
166 $93,081.36 $342.80 $0.00 $526.30 $93,950.46
167 $93,950.46 $342.80 $0.00 $531.21 $94,824.47
168 $94,824.47 $342.80 $0.00 $536.15 $95,703.42
169 $95,703.42 $342.80 $0.00 $541.12 $96,587.34
170 $96,587.34 $342.80 $0.00 $546.12 $97,476.26
171 $97,476.26 $342.80 $0.00 $551.14 $98,370.20
172 $98,370.20 $342.80 $0.00 $556.20 $99,269.20
173 $99,269.20 $342.80 $0.00 $561.28 $100,173.28
174 $100,173.28 $342.80 $0.00 $566.39 $101,082.47
175 $101,082.47 $342.80 $0.00 $571.53 $101,996.80
176 $101,996.80 $342.80 $0.00 $576.70 $102,916.30
177 $102,916.30 $342.80 $0.00 $581.90 $103,841.00
178 $103,841.00 $342.80 $0.00 $587.13 $104,770.93
179 $104,770.93 $342.80 $0.00 $592.39 $105,706.12
180 $105,706.12 $342.80 $0.00 $597.68 $106,646.60
181 $106,646.60 $342.80 $0.00 $603.00 $107,592.40
182 $107,592.40 $342.80 $0.00 $608.34 $108,543.54
183 $108,543.54 $342.80 $0.00 $613.72 $109,500.06
184 $109,500.06 $342.80 $0.00 $619.13 $110,461.99
185 $110,461.99 $342.80 $0.00 $624.57 $111,429.36
186 $111,429.36 $342.80 $0.00 $630.04 $112,402.20
187 $112,402.20 $342.80 $0.00 $635.54 $113,380.54
188 $113,380.54 $342.80 $0.00 $641.07 $114,364.41
189 $114,364.41 $342.80 $0.00 $646.63 $115,353.84
190 $115,353.84 $342.80 $0.00 $652.23 $116,348.87
191 $116,348.87 $342.80 $0.00 $657.85 $117,349.52
192 $117,349.52 $342.80 $0.00 $663.51 $118,355.83
193 $118,355.83 $342.80 $0.00 $669.20 $119,367.83
194 $119,367.83 $342.80 $0.00 $674.92 $120,385.55
195 $120,385.55 $342.80 $0.00 $680.68 $121,409.03
196 $121,409.03 $342.80 $0.00 $686.46 $122,438.29
197 $122,438.29 $342.80 $0.00 $692.28 $123,473.37
198 $123,473.37 $342.80 $0.00 $698.14 $124,514.31
199 $124,514.31 $342.80 $0.00 $704.02 $125,561.13
200 $125,561.13 $342.80 $0.00 $709.94 $126,613.87
201 $126,613.87 $342.80 $0.00 $715.89 $127,672.56
202 $127,672.56 $342.80 $0.00 $721.88 $128,737.24
203 $128,737.24 $342.80 $0.00 $727.90 $129,807.94
204 $129,807.94 $342.80 $0.00 $733.95 $130,884.69
205 $130,884.69 $342.80 $0.00 $740.04 $131,967.53
206 $131,967.53 $342.80 $0.00 $746.16 $133,056.49
207 $133,056.49 $342.80 $0.00 $752.32 $134,151.61
208 $134,151.61 $342.80 $0.00 $758.51 $135,252.92
209 $135,252.92 $342.80 $0.00 $764.74 $136,360.46
210 $136,360.46 $342.80 $0.00 $771.00 $137,474.26
211 $137,474.26 $342.80 $0.00 $777.30 $138,594.36
212 $138,594.36 $342.80 $0.00 $783.63 $139,720.79
213 $139,720.79 $342.80 $0.00 $790.00 $140,853.59
214 $140,853.59 $342.80 $0.00 $796.41 $141,992.80
215 $141,992.80 $342.80 $0.00 $802.85 $143,138.45
216 $143,138.45 $342.80 $0.00 $809.33 $144,290.58
217 $144,290.58 $342.80 $74,547.79 $815.84 $70,901.43
218 $70,901.43 $342.80 $0.00 $400.89 $71,645.12
219 $71,645.12 $342.80 $0.00 $405.09 $72,393.01
220 $72,393.01 $342.80 $0.00 $409.32 $73,145.13
221 $73,145.13 $342.80 $0.00 $413.57 $73,901.50
222 $73,901.50 $342.80 $0.00 $417.85 $74,662.15
223 $74,662.15 $342.80 $0.00 $422.15 $75,427.10
224 $75,427.10 $342.80 $0.00 $426.48 $76,196.38
225 $76,196.38 $342.80 $0.00 $430.83 $76,970.01
226 $76,970.01 $342.80 $0.00 $435.20 $77,748.01
227 $77,748.01 $342.80 $0.00 $439.60 $78,530.41
228 $78,530.41 $342.80 $0.00 $444.02 $79,317.23
229 $79,317.23 $0.00 $79,766.13 $448.47 -$0.43