Savings Plan and Future Cost Estimation for St Petersburg College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$73,101
Monthly savings required$578

How much will it cost to send your child to St Petersburg College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $292,405.68 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $577.73 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$19,485.00
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 $577.73 $0.00 $0.00 $577.73
2 $577.73 $577.73 $0.00 $3.27 $1,158.73
3 $1,158.73 $577.73 $0.00 $6.55 $1,743.01
4 $1,743.01 $577.73 $0.00 $9.86 $2,330.60
5 $2,330.60 $577.73 $0.00 $13.18 $2,921.51
6 $2,921.51 $577.73 $0.00 $16.52 $3,515.76
7 $3,515.76 $577.73 $0.00 $19.88 $4,113.37
8 $4,113.37 $577.73 $0.00 $23.26 $4,714.36
9 $4,714.36 $577.73 $0.00 $26.66 $5,318.75
10 $5,318.75 $577.73 $0.00 $30.07 $5,926.55
11 $5,926.55 $577.73 $0.00 $33.51 $6,537.79
12 $6,537.79 $577.73 $0.00 $36.97 $7,152.49
13 $7,152.49 $577.73 $0.00 $40.44 $7,770.66
14 $7,770.66 $577.73 $0.00 $43.94 $8,392.33
15 $8,392.33 $577.73 $0.00 $47.45 $9,017.51
16 $9,017.51 $577.73 $0.00 $50.99 $9,646.23
17 $9,646.23 $577.73 $0.00 $54.54 $10,278.50
18 $10,278.50 $577.73 $0.00 $58.12 $10,914.35
19 $10,914.35 $577.73 $0.00 $61.71 $11,553.79
20 $11,553.79 $577.73 $0.00 $65.33 $12,196.85
21 $12,196.85 $577.73 $0.00 $68.96 $12,843.54
22 $12,843.54 $577.73 $0.00 $72.62 $13,493.89
23 $13,493.89 $577.73 $0.00 $76.30 $14,147.92
24 $14,147.92 $577.73 $0.00 $79.99 $14,805.64
25 $14,805.64 $577.73 $0.00 $83.71 $15,467.08
26 $15,467.08 $577.73 $0.00 $87.45 $16,132.26
27 $16,132.26 $577.73 $0.00 $91.21 $16,801.20
28 $16,801.20 $577.73 $0.00 $95.00 $17,473.93
29 $17,473.93 $577.73 $0.00 $98.80 $18,150.46
30 $18,150.46 $577.73 $0.00 $102.63 $18,830.82
31 $18,830.82 $577.73 $0.00 $106.47 $19,515.02
32 $19,515.02 $577.73 $0.00 $110.34 $20,203.09
33 $20,203.09 $577.73 $0.00 $114.23 $20,895.05
34 $20,895.05 $577.73 $0.00 $118.14 $21,590.92
35 $21,590.92 $577.73 $0.00 $122.08 $22,290.73
36 $22,290.73 $577.73 $0.00 $126.04 $22,994.50
37 $22,994.50 $577.73 $0.00 $130.01 $23,702.24
38 $23,702.24 $577.73 $0.00 $134.02 $24,413.99
39 $24,413.99 $577.73 $0.00 $138.04 $25,129.76
40 $25,129.76 $577.73 $0.00 $142.09 $25,849.58
41 $25,849.58 $577.73 $0.00 $146.16 $26,573.47
42 $26,573.47 $577.73 $0.00 $150.25 $27,301.45
43 $27,301.45 $577.73 $0.00 $154.37 $28,033.55
44 $28,033.55 $577.73 $0.00 $158.51 $28,769.79
45 $28,769.79 $577.73 $0.00 $162.67 $29,510.19
46 $29,510.19 $577.73 $0.00 $166.85 $30,254.77
47 $30,254.77 $577.73 $0.00 $171.06 $31,003.56
48 $31,003.56 $577.73 $0.00 $175.30 $31,756.59
49 $31,756.59 $577.73 $0.00 $179.56 $32,513.88
50 $32,513.88 $577.73 $0.00 $183.84 $33,275.45
51 $33,275.45 $577.73 $0.00 $188.14 $34,041.32
52 $34,041.32 $577.73 $0.00 $192.47 $34,811.52
53 $34,811.52 $577.73 $0.00 $196.83 $35,586.08
54 $35,586.08 $577.73 $0.00 $201.21 $36,365.02
55 $36,365.02 $577.73 $0.00 $205.61 $37,148.36
56 $37,148.36 $577.73 $0.00 $210.04 $37,936.13
57 $37,936.13 $577.73 $0.00 $214.50 $38,728.36
58 $38,728.36 $577.73 $0.00 $218.98 $39,525.07
59 $39,525.07 $577.73 $0.00 $223.48 $40,326.28
60 $40,326.28 $577.73 $0.00 $228.01 $41,132.02
61 $41,132.02 $577.73 $0.00 $232.57 $41,942.32
62 $41,942.32 $577.73 $0.00 $237.15 $42,757.20
63 $42,757.20 $577.73 $0.00 $241.76 $43,576.69
64 $43,576.69 $577.73 $0.00 $246.39 $44,400.81
65 $44,400.81 $577.73 $0.00 $251.05 $45,229.59
66 $45,229.59 $577.73 $0.00 $255.73 $46,063.05
67 $46,063.05 $577.73 $0.00 $260.45 $46,901.23
68 $46,901.23 $577.73 $0.00 $265.19 $47,744.15
69 $47,744.15 $577.73 $0.00 $269.95 $48,591.83
70 $48,591.83 $577.73 $0.00 $274.75 $49,444.31
71 $49,444.31 $577.73 $0.00 $279.57 $50,301.61
72 $50,301.61 $577.73 $0.00 $284.41 $51,163.75
73 $51,163.75 $577.73 $0.00 $289.29 $52,030.77
74 $52,030.77 $577.73 $0.00 $294.19 $52,902.69
75 $52,902.69 $577.73 $0.00 $299.12 $53,779.54
76 $53,779.54 $577.73 $0.00 $304.08 $54,661.35
77 $54,661.35 $577.73 $0.00 $309.06 $55,548.14
78 $55,548.14 $577.73 $0.00 $314.08 $56,439.95
79 $56,439.95 $577.73 $0.00 $319.12 $57,336.80
80 $57,336.80 $577.73 $0.00 $324.19 $58,238.72
81 $58,238.72 $577.73 $0.00 $329.29 $59,145.74
82 $59,145.74 $577.73 $0.00 $334.42 $60,057.89
83 $60,057.89 $577.73 $0.00 $339.58 $60,975.20
84 $60,975.20 $577.73 $0.00 $344.76 $61,897.69
85 $61,897.69 $577.73 $0.00 $349.98 $62,825.40
86 $62,825.40 $577.73 $0.00 $355.22 $63,758.35
87 $63,758.35 $577.73 $0.00 $360.50 $64,696.58
88 $64,696.58 $577.73 $0.00 $365.80 $65,640.11
89 $65,640.11 $577.73 $0.00 $371.14 $66,588.98
90 $66,588.98 $577.73 $0.00 $376.50 $67,543.21
91 $67,543.21 $577.73 $0.00 $381.90 $68,502.84
92 $68,502.84 $577.73 $0.00 $387.33 $69,467.90
93 $69,467.90 $577.73 $0.00 $392.78 $70,438.41
94 $70,438.41 $577.73 $0.00 $398.27 $71,414.41
95 $71,414.41 $577.73 $0.00 $403.79 $72,395.93
96 $72,395.93 $577.73 $0.00 $409.34 $73,383.00
97 $73,383.00 $577.73 $0.00 $414.92 $74,375.65
98 $74,375.65 $577.73 $0.00 $420.53 $75,373.91
99 $75,373.91 $577.73 $0.00 $426.18 $76,377.82
100 $76,377.82 $577.73 $0.00 $431.85 $77,387.40
101 $77,387.40 $577.73 $0.00 $437.56 $78,402.69
102 $78,402.69 $577.73 $0.00 $443.30 $79,423.72
103 $79,423.72 $577.73 $0.00 $449.07 $80,450.52
104 $80,450.52 $577.73 $0.00 $454.88 $81,483.13
105 $81,483.13 $577.73 $0.00 $460.72 $82,521.58
106 $82,521.58 $577.73 $0.00 $466.59 $83,565.90
107 $83,565.90 $577.73 $0.00 $472.49 $84,616.12
108 $84,616.12 $577.73 $0.00 $478.43 $85,672.28
109 $85,672.28 $577.73 $0.00 $484.40 $86,734.41
110 $86,734.41 $577.73 $0.00 $490.41 $87,802.55
111 $87,802.55 $577.73 $0.00 $496.45 $88,876.73
112 $88,876.73 $577.73 $0.00 $502.52 $89,956.98
113 $89,956.98 $577.73 $0.00 $508.63 $91,043.34
114 $91,043.34 $577.73 $0.00 $514.77 $92,135.84
115 $92,135.84 $577.73 $0.00 $520.95 $93,234.52
116 $93,234.52 $577.73 $0.00 $527.16 $94,339.41
117 $94,339.41 $577.73 $0.00 $533.41 $95,450.55
118 $95,450.55 $577.73 $0.00 $539.69 $96,567.97
119 $96,567.97 $577.73 $0.00 $546.01 $97,691.71
120 $97,691.71 $577.73 $0.00 $552.36 $98,821.80
121 $98,821.80 $577.73 $0.00 $558.75 $99,958.28
122 $99,958.28 $577.73 $0.00 $565.18 $101,101.19
123 $101,101.19 $577.73 $0.00 $571.64 $102,250.56
124 $102,250.56 $577.73 $0.00 $578.14 $103,406.43
125 $103,406.43 $577.73 $0.00 $584.67 $104,568.83
126 $104,568.83 $577.73 $0.00 $591.25 $105,737.81
127 $105,737.81 $577.73 $0.00 $597.86 $106,913.40
128 $106,913.40 $577.73 $0.00 $604.50 $108,095.63
129 $108,095.63 $577.73 $0.00 $611.19 $109,284.55
130 $109,284.55 $577.73 $0.00 $617.91 $110,480.19
131 $110,480.19 $577.73 $0.00 $624.67 $111,682.59
132 $111,682.59 $577.73 $0.00 $631.47 $112,891.79
133 $112,891.79 $577.73 $0.00 $638.31 $114,107.83
134 $114,107.83 $577.73 $0.00 $645.18 $115,330.74
135 $115,330.74 $577.73 $0.00 $652.10 $116,560.57
136 $116,560.57 $577.73 $0.00 $659.05 $117,797.35
137 $117,797.35 $577.73 $0.00 $666.04 $119,041.12
138 $119,041.12 $577.73 $0.00 $673.08 $120,291.93
139 $120,291.93 $577.73 $0.00 $680.15 $121,549.81
140 $121,549.81 $577.73 $0.00 $687.26 $122,814.80
141 $122,814.80 $577.73 $0.00 $694.41 $124,086.94
142 $124,086.94 $577.73 $0.00 $701.61 $125,366.28
143 $125,366.28 $577.73 $0.00 $708.84 $126,652.85
144 $126,652.85 $577.73 $0.00 $716.11 $127,946.69
145 $127,946.69 $577.73 $0.00 $723.43 $129,247.85
146 $129,247.85 $577.73 $0.00 $730.79 $130,556.37
147 $130,556.37 $577.73 $0.00 $738.18 $131,872.28
148 $131,872.28 $577.73 $0.00 $745.63 $133,195.64
149 $133,195.64 $577.73 $0.00 $753.11 $134,526.48
150 $134,526.48 $577.73 $0.00 $760.63 $135,864.84
151 $135,864.84 $577.73 $0.00 $768.20 $137,210.77
152 $137,210.77 $577.73 $0.00 $775.81 $138,564.31
153 $138,564.31 $577.73 $0.00 $783.46 $139,925.50
154 $139,925.50 $577.73 $0.00 $791.16 $141,294.39
155 $141,294.39 $577.73 $0.00 $798.90 $142,671.02
156 $142,671.02 $577.73 $0.00 $806.68 $144,055.43
157 $144,055.43 $577.73 $0.00 $814.51 $145,447.67
158 $145,447.67 $577.73 $0.00 $822.38 $146,847.78
159 $146,847.78 $577.73 $0.00 $830.30 $148,255.81
160 $148,255.81 $577.73 $0.00 $838.26 $149,671.80
161 $149,671.80 $577.73 $0.00 $846.27 $151,095.80
162 $151,095.80 $577.73 $0.00 $854.32 $152,527.85
163 $152,527.85 $577.73 $0.00 $862.41 $153,967.99
164 $153,967.99 $577.73 $0.00 $870.56 $155,416.28
165 $155,416.28 $577.73 $0.00 $878.75 $156,872.76
166 $156,872.76 $577.73 $0.00 $886.98 $158,337.47
167 $158,337.47 $577.73 $0.00 $895.26 $159,810.46
168 $159,810.46 $577.73 $0.00 $903.59 $161,291.78
169 $161,291.78 $577.73 $0.00 $911.97 $162,781.48
170 $162,781.48 $577.73 $0.00 $920.39 $164,279.60
171 $164,279.60 $577.73 $0.00 $928.86 $165,786.19
172 $165,786.19 $577.73 $0.00 $937.38 $167,301.30
173 $167,301.30 $577.73 $0.00 $945.95 $168,824.98
174 $168,824.98 $577.73 $0.00 $954.56 $170,357.27
175 $170,357.27 $577.73 $0.00 $963.22 $171,898.22
176 $171,898.22 $577.73 $0.00 $971.94 $173,447.89
177 $173,447.89 $577.73 $0.00 $980.70 $175,006.32
178 $175,006.32 $577.73 $0.00 $989.51 $176,573.56
179 $176,573.56 $577.73 $0.00 $998.37 $178,149.66
180 $178,149.66 $577.73 $0.00 $1,007.28 $179,734.67
181 $179,734.67 $577.73 $0.00 $1,016.25 $181,328.65
182 $181,328.65 $577.73 $0.00 $1,025.26 $182,931.64
183 $182,931.64 $577.73 $0.00 $1,034.32 $184,543.69
184 $184,543.69 $577.73 $0.00 $1,043.44 $186,164.86
185 $186,164.86 $577.73 $0.00 $1,052.60 $187,795.19
186 $187,795.19 $577.73 $0.00 $1,061.82 $189,434.74
187 $189,434.74 $577.73 $0.00 $1,071.09 $191,083.56
188 $191,083.56 $577.73 $0.00 $1,080.41 $192,741.70
189 $192,741.70 $577.73 $0.00 $1,089.79 $194,409.22
190 $194,409.22 $577.73 $0.00 $1,099.22 $196,086.17
191 $196,086.17 $577.73 $0.00 $1,108.70 $197,772.60
192 $197,772.60 $577.73 $0.00 $1,118.24 $199,468.57
193 $199,468.57 $577.73 $0.00 $1,127.82 $201,174.12
194 $201,174.12 $577.73 $0.00 $1,137.47 $202,889.32
195 $202,889.32 $577.73 $0.00 $1,147.17 $204,614.22
196 $204,614.22 $577.73 $0.00 $1,156.92 $206,348.87
197 $206,348.87 $577.73 $0.00 $1,166.73 $208,093.33
198 $208,093.33 $577.73 $0.00 $1,176.59 $209,847.65
199 $209,847.65 $577.73 $0.00 $1,186.51 $211,611.89
200 $211,611.89 $577.73 $0.00 $1,196.48 $213,386.10
201 $213,386.10 $577.73 $0.00 $1,206.52 $215,170.35
202 $215,170.35 $577.73 $0.00 $1,216.60 $216,964.68
203 $216,964.68 $577.73 $0.00 $1,226.75 $218,769.16
204 $218,769.16 $577.73 $0.00 $1,236.95 $220,583.84
205 $220,583.84 $577.73 $0.00 $1,247.21 $222,408.78
206 $222,408.78 $577.73 $0.00 $1,257.53 $224,244.04
207 $224,244.04 $577.73 $0.00 $1,267.91 $226,089.68
208 $226,089.68 $577.73 $0.00 $1,278.34 $227,945.75
209 $227,945.75 $577.73 $0.00 $1,288.84 $229,812.32
210 $229,812.32 $577.73 $0.00 $1,299.39 $231,689.44
211 $231,689.44 $577.73 $0.00 $1,310.01 $233,577.18
212 $233,577.18 $577.73 $0.00 $1,320.68 $235,475.59
213 $235,475.59 $577.73 $0.00 $1,331.41 $237,384.73
214 $237,384.73 $577.73 $0.00 $1,342.21 $239,304.67
215 $239,304.67 $577.73 $0.00 $1,353.06 $241,235.46
216 $241,235.46 $577.73 $0.00 $1,363.98 $243,177.17
217 $243,177.17 $577.73 $65,857.98 $1,374.96 $179,271.88
218 $179,271.88 $577.73 $0.00 $1,013.63 $180,863.24
219 $180,863.24 $577.73 $0.00 $1,022.63 $182,463.60
220 $182,463.60 $577.73 $0.00 $1,031.68 $184,073.01
221 $184,073.01 $577.73 $0.00 $1,040.78 $185,691.52
222 $185,691.52 $577.73 $0.00 $1,049.93 $187,319.18
223 $187,319.18 $577.73 $0.00 $1,059.13 $188,956.04
224 $188,956.04 $577.73 $0.00 $1,068.38 $190,602.15
225 $190,602.15 $577.73 $0.00 $1,077.69 $192,257.57
226 $192,257.57 $577.73 $0.00 $1,087.05 $193,922.35
227 $193,922.35 $577.73 $0.00 $1,096.47 $195,596.55
228 $195,596.55 $577.73 $0.00 $1,105.93 $197,280.21
229 $197,280.21 $577.73 $70,468.04 $1,115.45 $128,505.35
230 $128,505.35 $577.73 $0.00 $726.59 $129,809.67
231 $129,809.67 $577.73 $0.00 $733.96 $131,121.36
232 $131,121.36 $577.73 $0.00 $741.38 $132,440.47
233 $132,440.47 $577.73 $0.00 $748.84 $133,767.04
234 $133,767.04 $577.73 $0.00 $756.34 $135,101.11
235 $135,101.11 $577.73 $0.00 $763.88 $136,442.72
236 $136,442.72 $577.73 $0.00 $771.47 $137,791.92
237 $137,791.92 $577.73 $0.00 $779.10 $139,148.75
238 $139,148.75 $577.73 $0.00 $786.77 $140,513.25
239 $140,513.25 $577.73 $0.00 $794.48 $141,885.46
240 $141,885.46 $577.73 $0.00 $802.24 $143,265.43
241 $143,265.43 $577.73 $75,400.80 $810.04 $69,252.40
242 $69,252.40 $577.73 $0.00 $391.56 $70,221.69
243 $70,221.69 $577.73 $0.00 $397.04 $71,196.46
244 $71,196.46 $577.73 $0.00 $402.56 $72,176.75
245 $72,176.75 $577.73 $0.00 $408.10 $73,162.58
246 $73,162.58 $577.73 $0.00 $413.67 $74,153.98
247 $74,153.98 $577.73 $0.00 $419.28 $75,150.99
248 $75,150.99 $577.73 $0.00 $424.91 $76,153.63
249 $76,153.63 $577.73 $0.00 $430.58 $77,161.94
250 $77,161.94 $577.73 $0.00 $436.28 $78,175.95
251 $78,175.95 $577.73 $0.00 $442.02 $79,195.70
252 $79,195.70 $577.73 $0.00 $447.78 $80,221.21
253 $80,221.21 $0.00 $80,678.86 $453.58 -$4.07