Savings Plan and Future Cost Estimation for Connecticut College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2043$317,756
Monthly savings required$2,511

How much will it cost to send your child to Connecticut College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,271,023.03 for students enrolling in 2043 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,511.29 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$84,697.00
Years until enrollment18
Annual Tuition Increase7%
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 Connecticut College in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $2,511.29 $0.00 $0.00 $2,511.29
2 $2,511.29 $2,511.29 $0.00 $14.20 $5,036.78
3 $5,036.78 $2,511.29 $0.00 $28.48 $7,576.55
4 $7,576.55 $2,511.29 $0.00 $42.84 $10,130.68
5 $10,130.68 $2,511.29 $0.00 $57.28 $12,699.25
6 $12,699.25 $2,511.29 $0.00 $71.80 $15,282.34
7 $15,282.34 $2,511.29 $0.00 $86.41 $17,880.04
8 $17,880.04 $2,511.29 $0.00 $101.10 $20,492.43
9 $20,492.43 $2,511.29 $0.00 $115.87 $23,119.59
10 $23,119.59 $2,511.29 $0.00 $130.72 $25,761.60
11 $25,761.60 $2,511.29 $0.00 $145.66 $28,418.55
12 $28,418.55 $2,511.29 $0.00 $160.68 $31,090.52
13 $31,090.52 $2,511.29 $0.00 $175.79 $33,777.60
14 $33,777.60 $2,511.29 $0.00 $190.98 $36,479.87
15 $36,479.87 $2,511.29 $0.00 $206.26 $39,197.42
16 $39,197.42 $2,511.29 $0.00 $221.63 $41,930.34
17 $41,930.34 $2,511.29 $0.00 $237.08 $44,678.71
18 $44,678.71 $2,511.29 $0.00 $252.62 $47,442.62
19 $47,442.62 $2,511.29 $0.00 $268.25 $50,222.16
20 $50,222.16 $2,511.29 $0.00 $283.96 $53,017.41
21 $53,017.41 $2,511.29 $0.00 $299.77 $55,828.47
22 $55,828.47 $2,511.29 $0.00 $315.66 $58,655.42
23 $58,655.42 $2,511.29 $0.00 $331.65 $61,498.36
24 $61,498.36 $2,511.29 $0.00 $347.72 $64,357.37
25 $64,357.37 $2,511.29 $0.00 $363.89 $67,232.55
26 $67,232.55 $2,511.29 $0.00 $380.14 $70,123.98
27 $70,123.98 $2,511.29 $0.00 $396.49 $73,031.76
28 $73,031.76 $2,511.29 $0.00 $412.93 $75,955.98
29 $75,955.98 $2,511.29 $0.00 $429.47 $78,896.74
30 $78,896.74 $2,511.29 $0.00 $446.09 $81,854.12
31 $81,854.12 $2,511.29 $0.00 $462.82 $84,828.23
32 $84,828.23 $2,511.29 $0.00 $479.63 $87,819.15
33 $87,819.15 $2,511.29 $0.00 $496.54 $90,826.98
34 $90,826.98 $2,511.29 $0.00 $513.55 $93,851.82
35 $93,851.82 $2,511.29 $0.00 $530.65 $96,893.76
36 $96,893.76 $2,511.29 $0.00 $547.85 $99,952.90
37 $99,952.90 $2,511.29 $0.00 $565.15 $103,029.34
38 $103,029.34 $2,511.29 $0.00 $582.54 $106,123.17
39 $106,123.17 $2,511.29 $0.00 $600.04 $109,234.50
40 $109,234.50 $2,511.29 $0.00 $617.63 $112,363.42
41 $112,363.42 $2,511.29 $0.00 $635.32 $115,510.03
42 $115,510.03 $2,511.29 $0.00 $653.11 $118,674.43
43 $118,674.43 $2,511.29 $0.00 $671.00 $121,856.72
44 $121,856.72 $2,511.29 $0.00 $689.00 $125,057.01
45 $125,057.01 $2,511.29 $0.00 $707.09 $128,275.39
46 $128,275.39 $2,511.29 $0.00 $725.29 $131,511.97
47 $131,511.97 $2,511.29 $0.00 $743.59 $134,766.85
48 $134,766.85 $2,511.29 $0.00 $761.99 $138,040.13
49 $138,040.13 $2,511.29 $0.00 $780.50 $141,331.92
50 $141,331.92 $2,511.29 $0.00 $799.11 $144,642.32
51 $144,642.32 $2,511.29 $0.00 $817.83 $147,971.44
52 $147,971.44 $2,511.29 $0.00 $836.65 $151,319.38
53 $151,319.38 $2,511.29 $0.00 $855.58 $154,686.25
54 $154,686.25 $2,511.29 $0.00 $874.62 $158,072.16
55 $158,072.16 $2,511.29 $0.00 $893.76 $161,477.21
56 $161,477.21 $2,511.29 $0.00 $913.02 $164,901.52
57 $164,901.52 $2,511.29 $0.00 $932.38 $168,345.19
58 $168,345.19 $2,511.29 $0.00 $951.85 $171,808.33
59 $171,808.33 $2,511.29 $0.00 $971.43 $175,291.05
60 $175,291.05 $2,511.29 $0.00 $991.12 $178,793.46
61 $178,793.46 $2,511.29 $0.00 $1,010.92 $182,315.67
62 $182,315.67 $2,511.29 $0.00 $1,030.84 $185,857.80
63 $185,857.80 $2,511.29 $0.00 $1,050.87 $189,419.96
64 $189,419.96 $2,511.29 $0.00 $1,071.01 $193,002.26
65 $193,002.26 $2,511.29 $0.00 $1,091.26 $196,604.81
66 $196,604.81 $2,511.29 $0.00 $1,111.63 $200,227.73
67 $200,227.73 $2,511.29 $0.00 $1,132.12 $203,871.14
68 $203,871.14 $2,511.29 $0.00 $1,152.72 $207,535.15
69 $207,535.15 $2,511.29 $0.00 $1,173.43 $211,219.87
70 $211,219.87 $2,511.29 $0.00 $1,194.27 $214,925.43
71 $214,925.43 $2,511.29 $0.00 $1,215.22 $218,651.94
72 $218,651.94 $2,511.29 $0.00 $1,236.29 $222,399.52
73 $222,399.52 $2,511.29 $0.00 $1,257.48 $226,168.29
74 $226,168.29 $2,511.29 $0.00 $1,278.79 $229,958.37
75 $229,958.37 $2,511.29 $0.00 $1,300.22 $233,769.88
76 $233,769.88 $2,511.29 $0.00 $1,321.77 $237,602.94
77 $237,602.94 $2,511.29 $0.00 $1,343.44 $241,457.67
78 $241,457.67 $2,511.29 $0.00 $1,365.24 $245,334.20
79 $245,334.20 $2,511.29 $0.00 $1,387.16 $249,232.65
80 $249,232.65 $2,511.29 $0.00 $1,409.20 $253,153.14
81 $253,153.14 $2,511.29 $0.00 $1,431.36 $257,095.79
82 $257,095.79 $2,511.29 $0.00 $1,453.66 $261,060.74
83 $261,060.74 $2,511.29 $0.00 $1,476.08 $265,048.11
84 $265,048.11 $2,511.29 $0.00 $1,498.62 $269,058.02
85 $269,058.02 $2,511.29 $0.00 $1,521.29 $273,090.60
86 $273,090.60 $2,511.29 $0.00 $1,544.09 $277,145.98
87 $277,145.98 $2,511.29 $0.00 $1,567.02 $281,224.29
88 $281,224.29 $2,511.29 $0.00 $1,590.08 $285,325.66
89 $285,325.66 $2,511.29 $0.00 $1,613.27 $289,450.22
90 $289,450.22 $2,511.29 $0.00 $1,636.59 $293,598.10
91 $293,598.10 $2,511.29 $0.00 $1,660.05 $297,769.44
92 $297,769.44 $2,511.29 $0.00 $1,683.63 $301,964.36
93 $301,964.36 $2,511.29 $0.00 $1,707.35 $306,183.00
94 $306,183.00 $2,511.29 $0.00 $1,731.20 $310,425.49
95 $310,425.49 $2,511.29 $0.00 $1,755.19 $314,691.97
96 $314,691.97 $2,511.29 $0.00 $1,779.31 $318,982.57
97 $318,982.57 $2,511.29 $0.00 $1,803.57 $323,297.43
98 $323,297.43 $2,511.29 $0.00 $1,827.97 $327,636.69
99 $327,636.69 $2,511.29 $0.00 $1,852.51 $332,000.49
100 $332,000.49 $2,511.29 $0.00 $1,877.18 $336,388.96
101 $336,388.96 $2,511.29 $0.00 $1,901.99 $340,802.24
102 $340,802.24 $2,511.29 $0.00 $1,926.95 $345,240.48
103 $345,240.48 $2,511.29 $0.00 $1,952.04 $349,703.81
104 $349,703.81 $2,511.29 $0.00 $1,977.28 $354,192.38
105 $354,192.38 $2,511.29 $0.00 $2,002.66 $358,706.33
106 $358,706.33 $2,511.29 $0.00 $2,028.18 $363,245.80
107 $363,245.80 $2,511.29 $0.00 $2,053.84 $367,810.93
108 $367,810.93 $2,511.29 $0.00 $2,079.66 $372,401.88
109 $372,401.88 $2,511.29 $0.00 $2,105.61 $377,018.78
110 $377,018.78 $2,511.29 $0.00 $2,131.72 $381,661.79
111 $381,661.79 $2,511.29 $0.00 $2,157.97 $386,331.05
112 $386,331.05 $2,511.29 $0.00 $2,184.37 $391,026.71
113 $391,026.71 $2,511.29 $0.00 $2,210.92 $395,748.92
114 $395,748.92 $2,511.29 $0.00 $2,237.62 $400,497.83
115 $400,497.83 $2,511.29 $0.00 $2,264.47 $405,273.59
116 $405,273.59 $2,511.29 $0.00 $2,291.48 $410,076.36
117 $410,076.36 $2,511.29 $0.00 $2,318.63 $414,906.28
118 $414,906.28 $2,511.29 $0.00 $2,345.94 $419,763.51
119 $419,763.51 $2,511.29 $0.00 $2,373.40 $424,648.20
120 $424,648.20 $2,511.29 $0.00 $2,401.02 $429,560.51
121 $429,560.51 $2,511.29 $0.00 $2,428.80 $434,500.60
122 $434,500.60 $2,511.29 $0.00 $2,456.73 $439,468.62
123 $439,468.62 $2,511.29 $0.00 $2,484.82 $444,464.73
124 $444,464.73 $2,511.29 $0.00 $2,513.07 $449,489.09
125 $449,489.09 $2,511.29 $0.00 $2,541.48 $454,541.86
126 $454,541.86 $2,511.29 $0.00 $2,570.05 $459,623.20
127 $459,623.20 $2,511.29 $0.00 $2,598.78 $464,733.27
128 $464,733.27 $2,511.29 $0.00 $2,627.67 $469,872.23
129 $469,872.23 $2,511.29 $0.00 $2,656.73 $475,040.25
130 $475,040.25 $2,511.29 $0.00 $2,685.95 $480,237.49
131 $480,237.49 $2,511.29 $0.00 $2,715.33 $485,464.11
132 $485,464.11 $2,511.29 $0.00 $2,744.88 $490,720.28
133 $490,720.28 $2,511.29 $0.00 $2,774.60 $496,006.17
134 $496,006.17 $2,511.29 $0.00 $2,804.49 $501,321.95
135 $501,321.95 $2,511.29 $0.00 $2,834.55 $506,667.79
136 $506,667.79 $2,511.29 $0.00 $2,864.77 $512,043.85
137 $512,043.85 $2,511.29 $0.00 $2,895.17 $517,450.31
138 $517,450.31 $2,511.29 $0.00 $2,925.74 $522,887.34
139 $522,887.34 $2,511.29 $0.00 $2,956.48 $528,355.11
140 $528,355.11 $2,511.29 $0.00 $2,987.40 $533,853.80
141 $533,853.80 $2,511.29 $0.00 $3,018.49 $539,383.58
142 $539,383.58 $2,511.29 $0.00 $3,049.75 $544,944.62
143 $544,944.62 $2,511.29 $0.00 $3,081.20 $550,537.11
144 $550,537.11 $2,511.29 $0.00 $3,112.82 $556,161.22
145 $556,161.22 $2,511.29 $0.00 $3,144.62 $561,817.13
146 $561,817.13 $2,511.29 $0.00 $3,176.60 $567,505.02
147 $567,505.02 $2,511.29 $0.00 $3,208.76 $573,225.07
148 $573,225.07 $2,511.29 $0.00 $3,241.10 $578,977.46
149 $578,977.46 $2,511.29 $0.00 $3,273.62 $584,762.37
150 $584,762.37 $2,511.29 $0.00 $3,306.33 $590,579.99
151 $590,579.99 $2,511.29 $0.00 $3,339.23 $596,430.51
152 $596,430.51 $2,511.29 $0.00 $3,372.30 $602,314.10
153 $602,314.10 $2,511.29 $0.00 $3,405.57 $608,230.96
154 $608,230.96 $2,511.29 $0.00 $3,439.03 $614,181.28
155 $614,181.28 $2,511.29 $0.00 $3,472.67 $620,165.24
156 $620,165.24 $2,511.29 $0.00 $3,506.50 $626,183.03
157 $626,183.03 $2,511.29 $0.00 $3,540.53 $632,234.85
158 $632,234.85 $2,511.29 $0.00 $3,574.75 $638,320.89
159 $638,320.89 $2,511.29 $0.00 $3,609.16 $644,441.34
160 $644,441.34 $2,511.29 $0.00 $3,643.77 $650,596.40
161 $650,596.40 $2,511.29 $0.00 $3,678.57 $656,786.26
162 $656,786.26 $2,511.29 $0.00 $3,713.57 $663,011.12
163 $663,011.12 $2,511.29 $0.00 $3,748.76 $669,271.17
164 $669,271.17 $2,511.29 $0.00 $3,784.16 $675,566.62
165 $675,566.62 $2,511.29 $0.00 $3,819.75 $681,897.66
166 $681,897.66 $2,511.29 $0.00 $3,855.55 $688,264.50
167 $688,264.50 $2,511.29 $0.00 $3,891.55 $694,667.34
168 $694,667.34 $2,511.29 $0.00 $3,927.75 $701,106.38
169 $701,106.38 $2,511.29 $0.00 $3,964.16 $707,581.83
170 $707,581.83 $2,511.29 $0.00 $4,000.77 $714,093.89
171 $714,093.89 $2,511.29 $0.00 $4,037.59 $720,642.77
172 $720,642.77 $2,511.29 $0.00 $4,074.62 $727,228.68
173 $727,228.68 $2,511.29 $0.00 $4,111.86 $733,851.83
174 $733,851.83 $2,511.29 $0.00 $4,149.30 $740,512.42
175 $740,512.42 $2,511.29 $0.00 $4,186.96 $747,210.67
176 $747,210.67 $2,511.29 $0.00 $4,224.84 $753,946.80
177 $753,946.80 $2,511.29 $0.00 $4,262.92 $760,721.01
178 $760,721.01 $2,511.29 $0.00 $4,301.23 $767,533.53
179 $767,533.53 $2,511.29 $0.00 $4,339.75 $774,384.57
180 $774,384.57 $2,511.29 $0.00 $4,378.48 $781,274.34
181 $781,274.34 $2,511.29 $0.00 $4,417.44 $788,203.07
182 $788,203.07 $2,511.29 $0.00 $4,456.61 $795,170.97
183 $795,170.97 $2,511.29 $0.00 $4,496.01 $802,178.27
184 $802,178.27 $2,511.29 $0.00 $4,535.63 $809,225.19
185 $809,225.19 $2,511.29 $0.00 $4,575.48 $816,311.96
186 $816,311.96 $2,511.29 $0.00 $4,615.55 $823,438.80
187 $823,438.80 $2,511.29 $0.00 $4,655.84 $830,605.93
188 $830,605.93 $2,511.29 $0.00 $4,696.37 $837,813.59
189 $837,813.59 $2,511.29 $0.00 $4,737.12 $845,062.00
190 $845,062.00 $2,511.29 $0.00 $4,778.10 $852,351.39
191 $852,351.39 $2,511.29 $0.00 $4,819.32 $859,682.00
192 $859,682.00 $2,511.29 $0.00 $4,860.77 $867,054.06
193 $867,054.06 $2,511.29 $0.00 $4,902.45 $874,467.80
194 $874,467.80 $2,511.29 $0.00 $4,944.37 $881,923.46
195 $881,923.46 $2,511.29 $0.00 $4,986.52 $889,421.27
196 $889,421.27 $2,511.29 $0.00 $5,028.92 $896,961.48
197 $896,961.48 $2,511.29 $0.00 $5,071.55 $904,544.32
198 $904,544.32 $2,511.29 $0.00 $5,114.43 $912,170.04
199 $912,170.04 $2,511.29 $0.00 $5,157.54 $919,838.87
200 $919,838.87 $2,511.29 $0.00 $5,200.90 $927,551.06
201 $927,551.06 $2,511.29 $0.00 $5,244.51 $935,306.86
202 $935,306.86 $2,511.29 $0.00 $5,288.36 $943,106.51
203 $943,106.51 $2,511.29 $0.00 $5,332.46 $950,950.26
204 $950,950.26 $2,511.29 $0.00 $5,376.81 $958,838.36
205 $958,838.36 $2,511.29 $0.00 $5,421.41 $966,771.06
206 $966,771.06 $2,511.29 $0.00 $5,466.26 $974,748.61
207 $974,748.61 $2,511.29 $0.00 $5,511.37 $982,771.27
208 $982,771.27 $2,511.29 $0.00 $5,556.73 $990,839.29
209 $990,839.29 $2,511.29 $0.00 $5,602.35 $998,952.93
210 $998,952.93 $2,511.29 $0.00 $5,648.23 $1,007,112.45
211 $1,007,112.45 $2,511.29 $0.00 $5,694.36 $1,015,318.10
212 $1,015,318.10 $2,511.29 $0.00 $5,740.76 $1,023,570.15
213 $1,023,570.15 $2,511.29 $0.00 $5,787.41 $1,031,868.85
214 $1,031,868.85 $2,511.29 $0.00 $5,834.34 $1,040,214.48
215 $1,040,214.48 $2,511.29 $0.00 $5,881.52 $1,048,607.29
216 $1,048,607.29 $2,511.29 $0.00 $5,928.98 $1,057,047.56
217 $1,057,047.56 $2,511.29 $286,270.12 $5,976.70 $779,265.43
218 $779,265.43 $2,511.29 $0.00 $4,406.08 $786,182.80
219 $786,182.80 $2,511.29 $0.00 $4,445.19 $793,139.28
220 $793,139.28 $2,511.29 $0.00 $4,484.52 $800,135.09
221 $800,135.09 $2,511.29 $0.00 $4,524.08 $807,170.46
222 $807,170.46 $2,511.29 $0.00 $4,563.86 $814,245.61
223 $814,245.61 $2,511.29 $0.00 $4,603.86 $821,360.76
224 $821,360.76 $2,511.29 $0.00 $4,644.09 $828,516.14
225 $828,516.14 $2,511.29 $0.00 $4,684.55 $835,711.98
226 $835,711.98 $2,511.29 $0.00 $4,725.24 $842,948.51
227 $842,948.51 $2,511.29 $0.00 $4,766.15 $850,225.95
228 $850,225.95 $2,511.29 $0.00 $4,807.30 $857,544.54
229 $857,544.54 $2,511.29 $306,309.03 $4,848.68 $558,595.48
230 $558,595.48 $2,511.29 $0.00 $3,158.38 $564,265.15
231 $564,265.15 $2,511.29 $0.00 $3,190.44 $569,966.88
232 $569,966.88 $2,511.29 $0.00 $3,222.68 $575,700.85
233 $575,700.85 $2,511.29 $0.00 $3,255.10 $581,467.24
234 $581,467.24 $2,511.29 $0.00 $3,287.70 $587,266.23
235 $587,266.23 $2,511.29 $0.00 $3,320.49 $593,098.01
236 $593,098.01 $2,511.29 $0.00 $3,353.46 $598,962.76
237 $598,962.76 $2,511.29 $0.00 $3,386.62 $604,860.67
238 $604,860.67 $2,511.29 $0.00 $3,419.97 $610,791.93
239 $610,791.93 $2,511.29 $0.00 $3,453.51 $616,756.73
240 $616,756.73 $2,511.29 $0.00 $3,487.23 $622,755.25
241 $622,755.25 $2,511.29 $327,750.66 $3,521.15 $301,037.03
242 $301,037.03 $2,511.29 $0.00 $1,702.11 $305,250.43
243 $305,250.43 $2,511.29 $0.00 $1,725.93 $309,487.65
244 $309,487.65 $2,511.29 $0.00 $1,749.89 $313,748.83
245 $313,748.83 $2,511.29 $0.00 $1,773.98 $318,034.10
246 $318,034.10 $2,511.29 $0.00 $1,798.21 $322,343.60
247 $322,343.60 $2,511.29 $0.00 $1,822.58 $326,677.47
248 $326,677.47 $2,511.29 $0.00 $1,847.08 $331,035.84
249 $331,035.84 $2,511.29 $0.00 $1,871.72 $335,418.85
250 $335,418.85 $2,511.29 $0.00 $1,896.51 $339,826.65
251 $339,826.65 $2,511.29 $0.00 $1,921.43 $344,259.37
252 $344,259.37 $2,511.29 $0.00 $1,946.49 $348,717.15
253 $348,717.15 $0.00 $350,693.21 $1,971.70 -$4.36