Savings Plan and Future Cost Estimation for Barclay College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$150,780
Monthly savings required$1,192

How much will it cost to send your child to Barclay College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $603,119.54 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,191.64 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$40,190.00
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 $1,191.64 $0.00 $0.00 $1,191.64
2 $1,191.64 $1,191.64 $0.00 $6.74 $2,390.02
3 $2,390.02 $1,191.64 $0.00 $13.51 $3,595.17
4 $3,595.17 $1,191.64 $0.00 $20.33 $4,807.14
5 $4,807.14 $1,191.64 $0.00 $27.18 $6,025.96
6 $6,025.96 $1,191.64 $0.00 $34.07 $7,251.67
7 $7,251.67 $1,191.64 $0.00 $41.00 $8,484.31
8 $8,484.31 $1,191.64 $0.00 $47.97 $9,723.92
9 $9,723.92 $1,191.64 $0.00 $54.98 $10,970.54
10 $10,970.54 $1,191.64 $0.00 $62.03 $12,224.21
11 $12,224.21 $1,191.64 $0.00 $69.12 $13,484.97
12 $13,484.97 $1,191.64 $0.00 $76.25 $14,752.86
13 $14,752.86 $1,191.64 $0.00 $83.41 $16,027.91
14 $16,027.91 $1,191.64 $0.00 $90.62 $17,310.17
15 $17,310.17 $1,191.64 $0.00 $97.87 $18,599.68
16 $18,599.68 $1,191.64 $0.00 $105.17 $19,896.49
17 $19,896.49 $1,191.64 $0.00 $112.50 $21,200.63
18 $21,200.63 $1,191.64 $0.00 $119.87 $22,512.14
19 $22,512.14 $1,191.64 $0.00 $127.29 $23,831.07
20 $23,831.07 $1,191.64 $0.00 $134.74 $25,157.45
21 $25,157.45 $1,191.64 $0.00 $142.24 $26,491.33
22 $26,491.33 $1,191.64 $0.00 $149.79 $27,832.76
23 $27,832.76 $1,191.64 $0.00 $157.37 $29,181.77
24 $29,181.77 $1,191.64 $0.00 $165.00 $30,538.41
25 $30,538.41 $1,191.64 $0.00 $172.67 $31,902.72
26 $31,902.72 $1,191.64 $0.00 $180.38 $33,274.74
27 $33,274.74 $1,191.64 $0.00 $188.14 $34,654.52
28 $34,654.52 $1,191.64 $0.00 $195.94 $36,042.10
29 $36,042.10 $1,191.64 $0.00 $203.79 $37,437.53
30 $37,437.53 $1,191.64 $0.00 $211.68 $38,840.85
31 $38,840.85 $1,191.64 $0.00 $219.61 $40,252.10
32 $40,252.10 $1,191.64 $0.00 $227.59 $41,671.33
33 $41,671.33 $1,191.64 $0.00 $235.62 $43,098.59
34 $43,098.59 $1,191.64 $0.00 $243.69 $44,533.92
35 $44,533.92 $1,191.64 $0.00 $251.80 $45,977.36
36 $45,977.36 $1,191.64 $0.00 $259.96 $47,428.96
37 $47,428.96 $1,191.64 $0.00 $268.17 $48,888.77
38 $48,888.77 $1,191.64 $0.00 $276.42 $50,356.83
39 $50,356.83 $1,191.64 $0.00 $284.72 $51,833.19
40 $51,833.19 $1,191.64 $0.00 $293.07 $53,317.90
41 $53,317.90 $1,191.64 $0.00 $301.47 $54,811.01
42 $54,811.01 $1,191.64 $0.00 $309.91 $56,312.56
43 $56,312.56 $1,191.64 $0.00 $318.40 $57,822.60
44 $57,822.60 $1,191.64 $0.00 $326.94 $59,341.18
45 $59,341.18 $1,191.64 $0.00 $335.52 $60,868.34
46 $60,868.34 $1,191.64 $0.00 $344.16 $62,404.14
47 $62,404.14 $1,191.64 $0.00 $352.84 $63,948.62
48 $63,948.62 $1,191.64 $0.00 $361.57 $65,501.83
49 $65,501.83 $1,191.64 $0.00 $370.36 $67,063.83
50 $67,063.83 $1,191.64 $0.00 $379.19 $68,634.66
51 $68,634.66 $1,191.64 $0.00 $388.07 $70,214.37
52 $70,214.37 $1,191.64 $0.00 $397.00 $71,803.01
53 $71,803.01 $1,191.64 $0.00 $405.98 $73,400.63
54 $73,400.63 $1,191.64 $0.00 $415.02 $75,007.29
55 $75,007.29 $1,191.64 $0.00 $424.10 $76,623.03
56 $76,623.03 $1,191.64 $0.00 $433.24 $78,247.91
57 $78,247.91 $1,191.64 $0.00 $442.43 $79,881.98
58 $79,881.98 $1,191.64 $0.00 $451.66 $81,525.28
59 $81,525.28 $1,191.64 $0.00 $460.96 $83,177.88
60 $83,177.88 $1,191.64 $0.00 $470.30 $84,839.82
61 $84,839.82 $1,191.64 $0.00 $479.70 $86,511.16
62 $86,511.16 $1,191.64 $0.00 $489.15 $88,191.95
63 $88,191.95 $1,191.64 $0.00 $498.65 $89,882.24
64 $89,882.24 $1,191.64 $0.00 $508.21 $91,582.09
65 $91,582.09 $1,191.64 $0.00 $517.82 $93,291.55
66 $93,291.55 $1,191.64 $0.00 $527.48 $95,010.67
67 $95,010.67 $1,191.64 $0.00 $537.20 $96,739.51
68 $96,739.51 $1,191.64 $0.00 $546.98 $98,478.13
69 $98,478.13 $1,191.64 $0.00 $556.81 $100,226.58
70 $100,226.58 $1,191.64 $0.00 $566.70 $101,984.92
71 $101,984.92 $1,191.64 $0.00 $576.64 $103,753.20
72 $103,753.20 $1,191.64 $0.00 $586.64 $105,531.48
73 $105,531.48 $1,191.64 $0.00 $596.69 $107,319.81
74 $107,319.81 $1,191.64 $0.00 $606.80 $109,118.25
75 $109,118.25 $1,191.64 $0.00 $616.97 $110,926.86
76 $110,926.86 $1,191.64 $0.00 $627.20 $112,745.70
77 $112,745.70 $1,191.64 $0.00 $637.48 $114,574.82
78 $114,574.82 $1,191.64 $0.00 $647.82 $116,414.28
79 $116,414.28 $1,191.64 $0.00 $658.22 $118,264.14
80 $118,264.14 $1,191.64 $0.00 $668.68 $120,124.46
81 $120,124.46 $1,191.64 $0.00 $679.20 $121,995.30
82 $121,995.30 $1,191.64 $0.00 $689.78 $123,876.72
83 $123,876.72 $1,191.64 $0.00 $700.42 $125,768.78
84 $125,768.78 $1,191.64 $0.00 $711.11 $127,671.53
85 $127,671.53 $1,191.64 $0.00 $721.87 $129,585.04
86 $129,585.04 $1,191.64 $0.00 $732.69 $131,509.37
87 $131,509.37 $1,191.64 $0.00 $743.57 $133,444.58
88 $133,444.58 $1,191.64 $0.00 $754.52 $135,390.74
89 $135,390.74 $1,191.64 $0.00 $765.52 $137,347.90
90 $137,347.90 $1,191.64 $0.00 $776.58 $139,316.12
91 $139,316.12 $1,191.64 $0.00 $787.71 $141,295.47
92 $141,295.47 $1,191.64 $0.00 $798.91 $143,286.02
93 $143,286.02 $1,191.64 $0.00 $810.16 $145,287.82
94 $145,287.82 $1,191.64 $0.00 $821.48 $147,300.94
95 $147,300.94 $1,191.64 $0.00 $832.86 $149,325.44
96 $149,325.44 $1,191.64 $0.00 $844.31 $151,361.39
97 $151,361.39 $1,191.64 $0.00 $855.82 $153,408.85
98 $153,408.85 $1,191.64 $0.00 $867.40 $155,467.89
99 $155,467.89 $1,191.64 $0.00 $879.04 $157,538.57
100 $157,538.57 $1,191.64 $0.00 $890.75 $159,620.96
101 $159,620.96 $1,191.64 $0.00 $902.52 $161,715.12
102 $161,715.12 $1,191.64 $0.00 $914.36 $163,821.12
103 $163,821.12 $1,191.64 $0.00 $926.27 $165,939.03
104 $165,939.03 $1,191.64 $0.00 $938.24 $168,068.91
105 $168,068.91 $1,191.64 $0.00 $950.29 $170,210.84
106 $170,210.84 $1,191.64 $0.00 $962.40 $172,364.88
107 $172,364.88 $1,191.64 $0.00 $974.58 $174,531.10
108 $174,531.10 $1,191.64 $0.00 $986.82 $176,709.56
109 $176,709.56 $1,191.64 $0.00 $999.14 $178,900.34
110 $178,900.34 $1,191.64 $0.00 $1,011.53 $181,103.51
111 $181,103.51 $1,191.64 $0.00 $1,023.99 $183,319.14
112 $183,319.14 $1,191.64 $0.00 $1,036.51 $185,547.29
113 $185,547.29 $1,191.64 $0.00 $1,049.11 $187,788.04
114 $187,788.04 $1,191.64 $0.00 $1,061.78 $190,041.46
115 $190,041.46 $1,191.64 $0.00 $1,074.52 $192,307.62
116 $192,307.62 $1,191.64 $0.00 $1,087.34 $194,586.60
117 $194,586.60 $1,191.64 $0.00 $1,100.22 $196,878.46
118 $196,878.46 $1,191.64 $0.00 $1,113.18 $199,183.28
119 $199,183.28 $1,191.64 $0.00 $1,126.21 $201,501.13
120 $201,501.13 $1,191.64 $0.00 $1,139.32 $203,832.09
121 $203,832.09 $1,191.64 $0.00 $1,152.50 $206,176.23
122 $206,176.23 $1,191.64 $0.00 $1,165.75 $208,533.62
123 $208,533.62 $1,191.64 $0.00 $1,179.08 $210,904.34
124 $210,904.34 $1,191.64 $0.00 $1,192.48 $213,288.46
125 $213,288.46 $1,191.64 $0.00 $1,205.96 $215,686.06
126 $215,686.06 $1,191.64 $0.00 $1,219.52 $218,097.22
127 $218,097.22 $1,191.64 $0.00 $1,233.15 $220,522.01
128 $220,522.01 $1,191.64 $0.00 $1,246.86 $222,960.51
129 $222,960.51 $1,191.64 $0.00 $1,260.65 $225,412.80
130 $225,412.80 $1,191.64 $0.00 $1,274.52 $227,878.96
131 $227,878.96 $1,191.64 $0.00 $1,288.46 $230,359.06
132 $230,359.06 $1,191.64 $0.00 $1,302.48 $232,853.18
133 $232,853.18 $1,191.64 $0.00 $1,316.59 $235,361.41
134 $235,361.41 $1,191.64 $0.00 $1,330.77 $237,883.82
135 $237,883.82 $1,191.64 $0.00 $1,345.03 $240,420.49
136 $240,420.49 $1,191.64 $0.00 $1,359.37 $242,971.50
137 $242,971.50 $1,191.64 $0.00 $1,373.80 $245,536.94
138 $245,536.94 $1,191.64 $0.00 $1,388.30 $248,116.88
139 $248,116.88 $1,191.64 $0.00 $1,402.89 $250,711.41
140 $250,711.41 $1,191.64 $0.00 $1,417.56 $253,320.61
141 $253,320.61 $1,191.64 $0.00 $1,432.31 $255,944.56
142 $255,944.56 $1,191.64 $0.00 $1,447.15 $258,583.35
143 $258,583.35 $1,191.64 $0.00 $1,462.07 $261,237.06
144 $261,237.06 $1,191.64 $0.00 $1,477.07 $263,905.77
145 $263,905.77 $1,191.64 $0.00 $1,492.16 $266,589.57
146 $266,589.57 $1,191.64 $0.00 $1,507.34 $269,288.55
147 $269,288.55 $1,191.64 $0.00 $1,522.60 $272,002.79
148 $272,002.79 $1,191.64 $0.00 $1,537.94 $274,732.37
149 $274,732.37 $1,191.64 $0.00 $1,553.38 $277,477.39
150 $277,477.39 $1,191.64 $0.00 $1,568.90 $280,237.93
151 $280,237.93 $1,191.64 $0.00 $1,584.51 $283,014.08
152 $283,014.08 $1,191.64 $0.00 $1,600.20 $285,805.92
153 $285,805.92 $1,191.64 $0.00 $1,615.99 $288,613.55
154 $288,613.55 $1,191.64 $0.00 $1,631.86 $291,437.05
155 $291,437.05 $1,191.64 $0.00 $1,647.83 $294,276.52
156 $294,276.52 $1,191.64 $0.00 $1,663.88 $297,132.04
157 $297,132.04 $1,191.64 $0.00 $1,680.03 $300,003.71
158 $300,003.71 $1,191.64 $0.00 $1,696.26 $302,891.61
159 $302,891.61 $1,191.64 $0.00 $1,712.59 $305,795.84
160 $305,795.84 $1,191.64 $0.00 $1,729.01 $308,716.49
161 $308,716.49 $1,191.64 $0.00 $1,745.53 $311,653.66
162 $311,653.66 $1,191.64 $0.00 $1,762.14 $314,607.44
163 $314,607.44 $1,191.64 $0.00 $1,778.84 $317,577.92
164 $317,577.92 $1,191.64 $0.00 $1,795.63 $320,565.19
165 $320,565.19 $1,191.64 $0.00 $1,812.52 $323,569.35
166 $323,569.35 $1,191.64 $0.00 $1,829.51 $326,590.50
167 $326,590.50 $1,191.64 $0.00 $1,846.59 $329,628.73
168 $329,628.73 $1,191.64 $0.00 $1,863.77 $332,684.14
169 $332,684.14 $1,191.64 $0.00 $1,881.04 $335,756.82
170 $335,756.82 $1,191.64 $0.00 $1,898.42 $338,846.88
171 $338,846.88 $1,191.64 $0.00 $1,915.89 $341,954.41
172 $341,954.41 $1,191.64 $0.00 $1,933.46 $345,079.51
173 $345,079.51 $1,191.64 $0.00 $1,951.13 $348,222.28
174 $348,222.28 $1,191.64 $0.00 $1,968.90 $351,382.82
175 $351,382.82 $1,191.64 $0.00 $1,986.77 $354,561.23
176 $354,561.23 $1,191.64 $0.00 $2,004.74 $357,757.61
177 $357,757.61 $1,191.64 $0.00 $2,022.81 $360,972.06
178 $360,972.06 $1,191.64 $0.00 $2,040.99 $364,204.69
179 $364,204.69 $1,191.64 $0.00 $2,059.27 $367,455.60
180 $367,455.60 $1,191.64 $0.00 $2,077.65 $370,724.89
181 $370,724.89 $1,191.64 $0.00 $2,096.13 $374,012.66
182 $374,012.66 $1,191.64 $0.00 $2,114.72 $377,319.02
183 $377,319.02 $1,191.64 $0.00 $2,133.42 $380,644.08
184 $380,644.08 $1,191.64 $0.00 $2,152.22 $383,987.94
185 $383,987.94 $1,191.64 $0.00 $2,171.12 $387,350.70
186 $387,350.70 $1,191.64 $0.00 $2,190.14 $390,732.48
187 $390,732.48 $1,191.64 $0.00 $2,209.26 $394,133.38
188 $394,133.38 $1,191.64 $0.00 $2,228.49 $397,553.51
189 $397,553.51 $1,191.64 $0.00 $2,247.83 $400,992.98
190 $400,992.98 $1,191.64 $0.00 $2,267.27 $404,451.89
191 $404,451.89 $1,191.64 $0.00 $2,286.83 $407,930.36
192 $407,930.36 $1,191.64 $0.00 $2,306.50 $411,428.50
193 $411,428.50 $1,191.64 $0.00 $2,326.28 $414,946.42
194 $414,946.42 $1,191.64 $0.00 $2,346.17 $418,484.23
195 $418,484.23 $1,191.64 $0.00 $2,366.17 $422,042.04
196 $422,042.04 $1,191.64 $0.00 $2,386.29 $425,619.97
197 $425,619.97 $1,191.64 $0.00 $2,406.52 $429,218.13
198 $429,218.13 $1,191.64 $0.00 $2,426.86 $432,836.63
199 $432,836.63 $1,191.64 $0.00 $2,447.32 $436,475.59
200 $436,475.59 $1,191.64 $0.00 $2,467.90 $440,135.13
201 $440,135.13 $1,191.64 $0.00 $2,488.59 $443,815.36
202 $443,815.36 $1,191.64 $0.00 $2,509.40 $447,516.40
203 $447,516.40 $1,191.64 $0.00 $2,530.32 $451,238.36
204 $451,238.36 $1,191.64 $0.00 $2,551.37 $454,981.37
205 $454,981.37 $1,191.64 $0.00 $2,572.53 $458,745.54
206 $458,745.54 $1,191.64 $0.00 $2,593.81 $462,530.99
207 $462,530.99 $1,191.64 $0.00 $2,615.22 $466,337.85
208 $466,337.85 $1,191.64 $0.00 $2,636.74 $470,166.23
209 $470,166.23 $1,191.64 $0.00 $2,658.39 $474,016.26
210 $474,016.26 $1,191.64 $0.00 $2,680.16 $477,888.06
211 $477,888.06 $1,191.64 $0.00 $2,702.05 $481,781.75
212 $481,781.75 $1,191.64 $0.00 $2,724.06 $485,697.45
213 $485,697.45 $1,191.64 $0.00 $2,746.20 $489,635.29
214 $489,635.29 $1,191.64 $0.00 $2,768.47 $493,595.40
215 $493,595.40 $1,191.64 $0.00 $2,790.86 $497,577.90
216 $497,577.90 $1,191.64 $0.00 $2,813.38 $501,582.92
217 $501,582.92 $1,191.64 $135,839.48 $2,836.02 $369,771.10
218 $369,771.10 $1,191.64 $0.00 $2,090.74 $373,053.48
219 $373,053.48 $1,191.64 $0.00 $2,109.30 $376,354.42
220 $376,354.42 $1,191.64 $0.00 $2,127.96 $379,674.02
221 $379,674.02 $1,191.64 $0.00 $2,146.73 $383,012.39
222 $383,012.39 $1,191.64 $0.00 $2,165.61 $386,369.64
223 $386,369.64 $1,191.64 $0.00 $2,184.59 $389,745.87
224 $389,745.87 $1,191.64 $0.00 $2,203.68 $393,141.19
225 $393,141.19 $1,191.64 $0.00 $2,222.88 $396,555.71
226 $396,555.71 $1,191.64 $0.00 $2,242.18 $399,989.53
227 $399,989.53 $1,191.64 $0.00 $2,261.60 $403,442.77
228 $403,442.77 $1,191.64 $0.00 $2,281.12 $406,915.53
229 $406,915.53 $1,191.64 $145,348.24 $2,300.76 $265,059.69
230 $265,059.69 $1,191.64 $0.00 $1,498.69 $267,750.02
231 $267,750.02 $1,191.64 $0.00 $1,513.90 $270,455.56
232 $270,455.56 $1,191.64 $0.00 $1,529.20 $273,176.40
233 $273,176.40 $1,191.64 $0.00 $1,544.58 $275,912.62
234 $275,912.62 $1,191.64 $0.00 $1,560.05 $278,664.31
235 $278,664.31 $1,191.64 $0.00 $1,575.61 $281,431.56
236 $281,431.56 $1,191.64 $0.00 $1,591.25 $284,214.45
237 $284,214.45 $1,191.64 $0.00 $1,606.99 $287,013.08
238 $287,013.08 $1,191.64 $0.00 $1,622.81 $289,827.53
239 $289,827.53 $1,191.64 $0.00 $1,638.73 $292,657.90
240 $292,657.90 $1,191.64 $0.00 $1,654.73 $295,504.27
241 $295,504.27 $1,191.64 $155,522.62 $1,670.82 $142,844.11
242 $142,844.11 $1,191.64 $0.00 $807.66 $144,843.41
243 $144,843.41 $1,191.64 $0.00 $818.97 $146,854.02
244 $146,854.02 $1,191.64 $0.00 $830.33 $148,875.99
245 $148,875.99 $1,191.64 $0.00 $841.77 $150,909.40
246 $150,909.40 $1,191.64 $0.00 $853.26 $152,954.30
247 $152,954.30 $1,191.64 $0.00 $864.83 $155,010.77
248 $155,010.77 $1,191.64 $0.00 $876.45 $157,078.86
249 $157,078.86 $1,191.64 $0.00 $888.15 $159,158.65
250 $159,158.65 $1,191.64 $0.00 $899.91 $161,250.20
251 $161,250.20 $1,191.64 $0.00 $911.73 $163,353.57
252 $163,353.57 $1,191.64 $0.00 $923.62 $165,468.83
253 $165,468.83 $0.00 $166,409.20 $935.58 -$4.79