Savings Plan and Future Cost Estimation for Palm Beach State College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$96,531
Monthly savings required$763

How much will it cost to send your child to Palm Beach State College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $386,122.56 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $762.90 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$25,730.00
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 $762.90 $0.00 $0.00 $762.90
2 $762.90 $762.90 $0.00 $4.31 $1,530.11
3 $1,530.11 $762.90 $0.00 $8.65 $2,301.66
4 $2,301.66 $762.90 $0.00 $13.01 $3,077.57
5 $3,077.57 $762.90 $0.00 $17.40 $3,857.87
6 $3,857.87 $762.90 $0.00 $21.81 $4,642.58
7 $4,642.58 $762.90 $0.00 $26.25 $5,431.73
8 $5,431.73 $762.90 $0.00 $30.71 $6,225.34
9 $6,225.34 $762.90 $0.00 $35.20 $7,023.44
10 $7,023.44 $762.90 $0.00 $39.71 $7,826.05
11 $7,826.05 $762.90 $0.00 $44.25 $8,633.20
12 $8,633.20 $762.90 $0.00 $48.81 $9,444.91
13 $9,444.91 $762.90 $0.00 $53.40 $10,261.21
14 $10,261.21 $762.90 $0.00 $58.02 $11,082.13
15 $11,082.13 $762.90 $0.00 $62.66 $11,907.69
16 $11,907.69 $762.90 $0.00 $67.33 $12,737.92
17 $12,737.92 $762.90 $0.00 $72.02 $13,572.84
18 $13,572.84 $762.90 $0.00 $76.74 $14,412.48
19 $14,412.48 $762.90 $0.00 $81.49 $15,256.87
20 $15,256.87 $762.90 $0.00 $86.26 $16,106.03
21 $16,106.03 $762.90 $0.00 $91.07 $16,960.00
22 $16,960.00 $762.90 $0.00 $95.89 $17,818.79
23 $17,818.79 $762.90 $0.00 $100.75 $18,682.44
24 $18,682.44 $762.90 $0.00 $105.63 $19,550.97
25 $19,550.97 $762.90 $0.00 $110.54 $20,424.41
26 $20,424.41 $762.90 $0.00 $115.48 $21,302.79
27 $21,302.79 $762.90 $0.00 $120.45 $22,186.14
28 $22,186.14 $762.90 $0.00 $125.44 $23,074.48
29 $23,074.48 $762.90 $0.00 $130.47 $23,967.85
30 $23,967.85 $762.90 $0.00 $135.52 $24,866.27
31 $24,866.27 $762.90 $0.00 $140.60 $25,769.77
32 $25,769.77 $762.90 $0.00 $145.71 $26,678.38
33 $26,678.38 $762.90 $0.00 $150.84 $27,592.12
34 $27,592.12 $762.90 $0.00 $156.01 $28,511.03
35 $28,511.03 $762.90 $0.00 $161.21 $29,435.14
36 $29,435.14 $762.90 $0.00 $166.43 $30,364.47
37 $30,364.47 $762.90 $0.00 $171.69 $31,299.06
38 $31,299.06 $762.90 $0.00 $176.97 $32,238.93
39 $32,238.93 $762.90 $0.00 $182.28 $33,184.11
40 $33,184.11 $762.90 $0.00 $187.63 $34,134.64
41 $34,134.64 $762.90 $0.00 $193.00 $35,090.54
42 $35,090.54 $762.90 $0.00 $198.41 $36,051.85
43 $36,051.85 $762.90 $0.00 $203.84 $37,018.59
44 $37,018.59 $762.90 $0.00 $209.31 $37,990.80
45 $37,990.80 $762.90 $0.00 $214.81 $38,968.51
46 $38,968.51 $762.90 $0.00 $220.33 $39,951.74
47 $39,951.74 $762.90 $0.00 $225.89 $40,940.53
48 $40,940.53 $762.90 $0.00 $231.48 $41,934.91
49 $41,934.91 $762.90 $0.00 $237.11 $42,934.92
50 $42,934.92 $762.90 $0.00 $242.76 $43,940.58
51 $43,940.58 $762.90 $0.00 $248.45 $44,951.93
52 $44,951.93 $762.90 $0.00 $254.16 $45,968.99
53 $45,968.99 $762.90 $0.00 $259.92 $46,991.81
54 $46,991.81 $762.90 $0.00 $265.70 $48,020.41
55 $48,020.41 $762.90 $0.00 $271.51 $49,054.82
56 $49,054.82 $762.90 $0.00 $277.36 $50,095.08
57 $50,095.08 $762.90 $0.00 $283.24 $51,141.22
58 $51,141.22 $762.90 $0.00 $289.16 $52,193.28
59 $52,193.28 $762.90 $0.00 $295.11 $53,251.29
60 $53,251.29 $762.90 $0.00 $301.09 $54,315.28
61 $54,315.28 $762.90 $0.00 $307.11 $55,385.29
62 $55,385.29 $762.90 $0.00 $313.16 $56,461.35
63 $56,461.35 $762.90 $0.00 $319.24 $57,543.49
64 $57,543.49 $762.90 $0.00 $325.36 $58,631.75
65 $58,631.75 $762.90 $0.00 $331.51 $59,726.16
66 $59,726.16 $762.90 $0.00 $337.70 $60,826.76
67 $60,826.76 $762.90 $0.00 $343.92 $61,933.58
68 $61,933.58 $762.90 $0.00 $350.18 $63,046.66
69 $63,046.66 $762.90 $0.00 $356.47 $64,166.03
70 $64,166.03 $762.90 $0.00 $362.80 $65,291.73
71 $65,291.73 $762.90 $0.00 $369.17 $66,423.80
72 $66,423.80 $762.90 $0.00 $375.57 $67,562.27
73 $67,562.27 $762.90 $0.00 $382.01 $68,707.18
74 $68,707.18 $762.90 $0.00 $388.48 $69,858.56
75 $69,858.56 $762.90 $0.00 $394.99 $71,016.45
76 $71,016.45 $762.90 $0.00 $401.54 $72,180.89
77 $72,180.89 $762.90 $0.00 $408.12 $73,351.91
78 $73,351.91 $762.90 $0.00 $414.74 $74,529.55
79 $74,529.55 $762.90 $0.00 $421.40 $75,713.85
80 $75,713.85 $762.90 $0.00 $428.10 $76,904.85
81 $76,904.85 $762.90 $0.00 $434.83 $78,102.58
82 $78,102.58 $762.90 $0.00 $441.60 $79,307.08
83 $79,307.08 $762.90 $0.00 $448.41 $80,518.39
84 $80,518.39 $762.90 $0.00 $455.26 $81,736.55
85 $81,736.55 $762.90 $0.00 $462.15 $82,961.60
86 $82,961.60 $762.90 $0.00 $469.08 $84,193.58
87 $84,193.58 $762.90 $0.00 $476.04 $85,432.52
88 $85,432.52 $762.90 $0.00 $483.05 $86,678.47
89 $86,678.47 $762.90 $0.00 $490.09 $87,931.46
90 $87,931.46 $762.90 $0.00 $497.18 $89,191.54
91 $89,191.54 $762.90 $0.00 $504.30 $90,458.74
92 $90,458.74 $762.90 $0.00 $511.47 $91,733.11
93 $91,733.11 $762.90 $0.00 $518.67 $93,014.68
94 $93,014.68 $762.90 $0.00 $525.92 $94,303.50
95 $94,303.50 $762.90 $0.00 $533.21 $95,599.61
96 $95,599.61 $762.90 $0.00 $540.53 $96,903.04
97 $96,903.04 $762.90 $0.00 $547.90 $98,213.84
98 $98,213.84 $762.90 $0.00 $555.32 $99,532.06
99 $99,532.06 $762.90 $0.00 $562.77 $100,857.73
100 $100,857.73 $762.90 $0.00 $570.26 $102,190.89
101 $102,190.89 $762.90 $0.00 $577.80 $103,531.59
102 $103,531.59 $762.90 $0.00 $585.38 $104,879.87
103 $104,879.87 $762.90 $0.00 $593.01 $106,235.78
104 $106,235.78 $762.90 $0.00 $600.67 $107,599.35
105 $107,599.35 $762.90 $0.00 $608.38 $108,970.63
106 $108,970.63 $762.90 $0.00 $616.14 $110,349.67
107 $110,349.67 $762.90 $0.00 $623.93 $111,736.50
108 $111,736.50 $762.90 $0.00 $631.77 $113,131.17
109 $113,131.17 $762.90 $0.00 $639.66 $114,533.73
110 $114,533.73 $762.90 $0.00 $647.59 $115,944.22
111 $115,944.22 $762.90 $0.00 $655.57 $117,362.69
112 $117,362.69 $762.90 $0.00 $663.59 $118,789.18
113 $118,789.18 $762.90 $0.00 $671.65 $120,223.73
114 $120,223.73 $762.90 $0.00 $679.76 $121,666.39
115 $121,666.39 $762.90 $0.00 $687.92 $123,117.21
116 $123,117.21 $762.90 $0.00 $696.12 $124,576.23
117 $124,576.23 $762.90 $0.00 $704.37 $126,043.50
118 $126,043.50 $762.90 $0.00 $712.67 $127,519.07
119 $127,519.07 $762.90 $0.00 $721.01 $129,002.98
120 $129,002.98 $762.90 $0.00 $729.40 $130,495.28
121 $130,495.28 $762.90 $0.00 $737.84 $131,996.02
122 $131,996.02 $762.90 $0.00 $746.32 $133,505.24
123 $133,505.24 $762.90 $0.00 $754.86 $135,023.00
124 $135,023.00 $762.90 $0.00 $763.44 $136,549.34
125 $136,549.34 $762.90 $0.00 $772.07 $138,084.31
126 $138,084.31 $762.90 $0.00 $780.75 $139,627.96
127 $139,627.96 $762.90 $0.00 $789.48 $141,180.34
128 $141,180.34 $762.90 $0.00 $798.25 $142,741.49
129 $142,741.49 $762.90 $0.00 $807.08 $144,311.47
130 $144,311.47 $762.90 $0.00 $815.96 $145,890.33
131 $145,890.33 $762.90 $0.00 $824.89 $147,478.12
132 $147,478.12 $762.90 $0.00 $833.86 $149,074.88
133 $149,074.88 $762.90 $0.00 $842.89 $150,680.67
134 $150,680.67 $762.90 $0.00 $851.97 $152,295.54
135 $152,295.54 $762.90 $0.00 $861.10 $153,919.54
136 $153,919.54 $762.90 $0.00 $870.28 $155,552.72
137 $155,552.72 $762.90 $0.00 $879.52 $157,195.14
138 $157,195.14 $762.90 $0.00 $888.80 $158,846.84
139 $158,846.84 $762.90 $0.00 $898.14 $160,507.88
140 $160,507.88 $762.90 $0.00 $907.53 $162,178.31
141 $162,178.31 $762.90 $0.00 $916.98 $163,858.19
142 $163,858.19 $762.90 $0.00 $926.48 $165,547.57
143 $165,547.57 $762.90 $0.00 $936.03 $167,246.50
144 $167,246.50 $762.90 $0.00 $945.64 $168,955.04
145 $168,955.04 $762.90 $0.00 $955.30 $170,673.24
146 $170,673.24 $762.90 $0.00 $965.01 $172,401.15
147 $172,401.15 $762.90 $0.00 $974.78 $174,138.83
148 $174,138.83 $762.90 $0.00 $984.61 $175,886.34
149 $175,886.34 $762.90 $0.00 $994.49 $177,643.73
150 $177,643.73 $762.90 $0.00 $1,004.42 $179,411.05
151 $179,411.05 $762.90 $0.00 $1,014.42 $181,188.37
152 $181,188.37 $762.90 $0.00 $1,024.47 $182,975.74
153 $182,975.74 $762.90 $0.00 $1,034.57 $184,773.21
154 $184,773.21 $762.90 $0.00 $1,044.73 $186,580.84
155 $186,580.84 $762.90 $0.00 $1,054.96 $188,398.70
156 $188,398.70 $762.90 $0.00 $1,065.23 $190,226.83
157 $190,226.83 $762.90 $0.00 $1,075.57 $192,065.30
158 $192,065.30 $762.90 $0.00 $1,085.97 $193,914.17
159 $193,914.17 $762.90 $0.00 $1,096.42 $195,773.49
160 $195,773.49 $762.90 $0.00 $1,106.93 $197,643.32
161 $197,643.32 $762.90 $0.00 $1,117.50 $199,523.72
162 $199,523.72 $762.90 $0.00 $1,128.14 $201,414.76
163 $201,414.76 $762.90 $0.00 $1,138.83 $203,316.49
164 $203,316.49 $762.90 $0.00 $1,149.58 $205,228.97
165 $205,228.97 $762.90 $0.00 $1,160.39 $207,152.26
166 $207,152.26 $762.90 $0.00 $1,171.27 $209,086.43
167 $209,086.43 $762.90 $0.00 $1,182.21 $211,031.54
168 $211,031.54 $762.90 $0.00 $1,193.20 $212,987.64
169 $212,987.64 $762.90 $0.00 $1,204.26 $214,954.80
170 $214,954.80 $762.90 $0.00 $1,215.39 $216,933.09
171 $216,933.09 $762.90 $0.00 $1,226.57 $218,922.56
172 $218,922.56 $762.90 $0.00 $1,237.82 $220,923.28
173 $220,923.28 $762.90 $0.00 $1,249.13 $222,935.31
174 $222,935.31 $762.90 $0.00 $1,260.51 $224,958.72
175 $224,958.72 $762.90 $0.00 $1,271.95 $226,993.57
176 $226,993.57 $762.90 $0.00 $1,283.45 $229,039.92
177 $229,039.92 $762.90 $0.00 $1,295.03 $231,097.85
178 $231,097.85 $762.90 $0.00 $1,306.66 $233,167.41
179 $233,167.41 $762.90 $0.00 $1,318.36 $235,248.67
180 $235,248.67 $762.90 $0.00 $1,330.13 $237,341.70
181 $237,341.70 $762.90 $0.00 $1,341.96 $239,446.56
182 $239,446.56 $762.90 $0.00 $1,353.87 $241,563.33
183 $241,563.33 $762.90 $0.00 $1,365.83 $243,692.06
184 $243,692.06 $762.90 $0.00 $1,377.87 $245,832.83
185 $245,832.83 $762.90 $0.00 $1,389.97 $247,985.70
186 $247,985.70 $762.90 $0.00 $1,402.15 $250,150.75
187 $250,150.75 $762.90 $0.00 $1,414.39 $252,328.04
188 $252,328.04 $762.90 $0.00 $1,426.70 $254,517.64
189 $254,517.64 $762.90 $0.00 $1,439.08 $256,719.62
190 $256,719.62 $762.90 $0.00 $1,451.53 $258,934.05
191 $258,934.05 $762.90 $0.00 $1,464.05 $261,161.00
192 $261,161.00 $762.90 $0.00 $1,476.64 $263,400.54
193 $263,400.54 $762.90 $0.00 $1,489.30 $265,652.74
194 $265,652.74 $762.90 $0.00 $1,502.04 $267,917.68
195 $267,917.68 $762.90 $0.00 $1,514.85 $270,195.43
196 $270,195.43 $762.90 $0.00 $1,527.72 $272,486.05
197 $272,486.05 $762.90 $0.00 $1,540.68 $274,789.63
198 $274,789.63 $762.90 $0.00 $1,553.70 $277,106.23
199 $277,106.23 $762.90 $0.00 $1,566.80 $279,435.93
200 $279,435.93 $762.90 $0.00 $1,579.97 $281,778.80
201 $281,778.80 $762.90 $0.00 $1,593.22 $284,134.92
202 $284,134.92 $762.90 $0.00 $1,606.54 $286,504.36
203 $286,504.36 $762.90 $0.00 $1,619.94 $288,887.20
204 $288,887.20 $762.90 $0.00 $1,633.41 $291,283.51
205 $291,283.51 $762.90 $0.00 $1,646.96 $293,693.37
206 $293,693.37 $762.90 $0.00 $1,660.59 $296,116.86
207 $296,116.86 $762.90 $0.00 $1,674.29 $298,554.05
208 $298,554.05 $762.90 $0.00 $1,688.07 $301,005.02
209 $301,005.02 $762.90 $0.00 $1,701.93 $303,469.85
210 $303,469.85 $762.90 $0.00 $1,715.86 $305,948.61
211 $305,948.61 $762.90 $0.00 $1,729.88 $308,441.39
212 $308,441.39 $762.90 $0.00 $1,743.97 $310,948.26
213 $310,948.26 $762.90 $0.00 $1,758.15 $313,469.31
214 $313,469.31 $762.90 $0.00 $1,772.40 $316,004.61
215 $316,004.61 $762.90 $0.00 $1,786.74 $318,554.25
216 $318,554.25 $762.90 $0.00 $1,801.15 $321,118.30
217 $321,118.30 $762.90 $86,965.66 $1,815.65 $236,731.19
218 $236,731.19 $762.90 $0.00 $1,338.51 $238,832.60
219 $238,832.60 $762.90 $0.00 $1,350.39 $240,945.89
220 $240,945.89 $762.90 $0.00 $1,362.34 $243,071.13
221 $243,071.13 $762.90 $0.00 $1,374.36 $245,208.39
222 $245,208.39 $762.90 $0.00 $1,386.44 $247,357.73
223 $247,357.73 $762.90 $0.00 $1,398.60 $249,519.23
224 $249,519.23 $762.90 $0.00 $1,410.82 $251,692.95
225 $251,692.95 $762.90 $0.00 $1,423.11 $253,878.96
226 $253,878.96 $762.90 $0.00 $1,435.47 $256,077.33
227 $256,077.33 $762.90 $0.00 $1,447.90 $258,288.13
228 $258,288.13 $762.90 $0.00 $1,460.40 $260,511.43
229 $260,511.43 $762.90 $93,053.25 $1,472.97 $169,694.05
230 $169,694.05 $762.90 $0.00 $959.47 $171,416.42
231 $171,416.42 $762.90 $0.00 $969.21 $173,148.53
232 $173,148.53 $762.90 $0.00 $979.01 $174,890.44
233 $174,890.44 $762.90 $0.00 $988.86 $176,642.20
234 $176,642.20 $762.90 $0.00 $998.76 $178,403.86
235 $178,403.86 $762.90 $0.00 $1,008.72 $180,175.48
236 $180,175.48 $762.90 $0.00 $1,018.74 $181,957.12
237 $181,957.12 $762.90 $0.00 $1,028.81 $183,748.83
238 $183,748.83 $762.90 $0.00 $1,038.94 $185,550.67
239 $185,550.67 $762.90 $0.00 $1,049.13 $187,362.70
240 $187,362.70 $762.90 $0.00 $1,059.38 $189,184.98
241 $189,184.98 $762.90 $99,566.98 $1,069.68 $91,450.58
242 $91,450.58 $762.90 $0.00 $517.07 $92,730.55
243 $92,730.55 $762.90 $0.00 $524.31 $94,017.76
244 $94,017.76 $762.90 $0.00 $531.59 $95,312.25
245 $95,312.25 $762.90 $0.00 $538.91 $96,614.06
246 $96,614.06 $762.90 $0.00 $546.27 $97,923.23
247 $97,923.23 $762.90 $0.00 $553.67 $99,239.80
248 $99,239.80 $762.90 $0.00 $561.12 $100,563.82
249 $100,563.82 $762.90 $0.00 $568.60 $101,895.32
250 $101,895.32 $762.90 $0.00 $576.13 $103,234.35
251 $103,234.35 $762.90 $0.00 $583.70 $104,580.95
252 $104,580.95 $762.90 $0.00 $591.32 $105,935.17
253 $105,935.17 $0.00 $106,536.67 $598.97 -$2.53