Savings Plan and Future Cost Estimation for Cornerstone University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$153,856
Monthly savings required$1,216

How much will it cost to send your child to Cornerstone University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $615,425.04 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,215.95 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$41,010.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,215.95 $0.00 $0.00 $1,215.95
2 $1,215.95 $1,215.95 $0.00 $6.88 $2,438.78
3 $2,438.78 $1,215.95 $0.00 $13.79 $3,668.52
4 $3,668.52 $1,215.95 $0.00 $20.74 $4,905.21
5 $4,905.21 $1,215.95 $0.00 $27.73 $6,148.89
6 $6,148.89 $1,215.95 $0.00 $34.77 $7,399.61
7 $7,399.61 $1,215.95 $0.00 $41.84 $8,657.40
8 $8,657.40 $1,215.95 $0.00 $48.95 $9,922.30
9 $9,922.30 $1,215.95 $0.00 $56.10 $11,194.35
10 $11,194.35 $1,215.95 $0.00 $63.29 $12,473.59
11 $12,473.59 $1,215.95 $0.00 $70.53 $13,760.07
12 $13,760.07 $1,215.95 $0.00 $77.80 $15,053.82
13 $15,053.82 $1,215.95 $0.00 $85.12 $16,354.89
14 $16,354.89 $1,215.95 $0.00 $92.47 $17,663.31
15 $17,663.31 $1,215.95 $0.00 $99.87 $18,979.13
16 $18,979.13 $1,215.95 $0.00 $107.31 $20,302.39
17 $20,302.39 $1,215.95 $0.00 $114.79 $21,633.13
18 $21,633.13 $1,215.95 $0.00 $122.32 $22,971.40
19 $22,971.40 $1,215.95 $0.00 $129.88 $24,317.23
20 $24,317.23 $1,215.95 $0.00 $137.49 $25,670.67
21 $25,670.67 $1,215.95 $0.00 $145.15 $27,031.77
22 $27,031.77 $1,215.95 $0.00 $152.84 $28,400.56
23 $28,400.56 $1,215.95 $0.00 $160.58 $29,777.09
24 $29,777.09 $1,215.95 $0.00 $168.36 $31,161.40
25 $31,161.40 $1,215.95 $0.00 $176.19 $32,553.54
26 $32,553.54 $1,215.95 $0.00 $184.06 $33,953.55
27 $33,953.55 $1,215.95 $0.00 $191.98 $35,361.48
28 $35,361.48 $1,215.95 $0.00 $199.94 $36,777.37
29 $36,777.37 $1,215.95 $0.00 $207.94 $38,201.26
30 $38,201.26 $1,215.95 $0.00 $216.00 $39,633.21
31 $39,633.21 $1,215.95 $0.00 $224.09 $41,073.25
32 $41,073.25 $1,215.95 $0.00 $232.23 $42,521.43
33 $42,521.43 $1,215.95 $0.00 $240.42 $43,977.80
34 $43,977.80 $1,215.95 $0.00 $248.66 $45,442.41
35 $45,442.41 $1,215.95 $0.00 $256.94 $46,915.30
36 $46,915.30 $1,215.95 $0.00 $265.27 $48,396.52
37 $48,396.52 $1,215.95 $0.00 $273.64 $49,886.11
38 $49,886.11 $1,215.95 $0.00 $282.06 $51,384.12
39 $51,384.12 $1,215.95 $0.00 $290.53 $52,890.60
40 $52,890.60 $1,215.95 $0.00 $299.05 $54,405.60
41 $54,405.60 $1,215.95 $0.00 $307.62 $55,929.17
42 $55,929.17 $1,215.95 $0.00 $316.23 $57,461.35
43 $57,461.35 $1,215.95 $0.00 $324.89 $59,002.19
44 $59,002.19 $1,215.95 $0.00 $333.61 $60,551.75
45 $60,551.75 $1,215.95 $0.00 $342.37 $62,110.07
46 $62,110.07 $1,215.95 $0.00 $351.18 $63,677.20
47 $63,677.20 $1,215.95 $0.00 $360.04 $65,253.19
48 $65,253.19 $1,215.95 $0.00 $368.95 $66,838.09
49 $66,838.09 $1,215.95 $0.00 $377.91 $68,431.95
50 $68,431.95 $1,215.95 $0.00 $386.92 $70,034.82
51 $70,034.82 $1,215.95 $0.00 $395.99 $71,646.76
52 $71,646.76 $1,215.95 $0.00 $405.10 $73,267.81
53 $73,267.81 $1,215.95 $0.00 $414.27 $74,898.03
54 $74,898.03 $1,215.95 $0.00 $423.48 $76,537.46
55 $76,537.46 $1,215.95 $0.00 $432.75 $78,186.16
56 $78,186.16 $1,215.95 $0.00 $442.08 $79,844.19
57 $79,844.19 $1,215.95 $0.00 $451.45 $81,511.59
58 $81,511.59 $1,215.95 $0.00 $460.88 $83,188.42
59 $83,188.42 $1,215.95 $0.00 $470.36 $84,874.73
60 $84,874.73 $1,215.95 $0.00 $479.89 $86,570.57
61 $86,570.57 $1,215.95 $0.00 $489.48 $88,276.00
62 $88,276.00 $1,215.95 $0.00 $499.13 $89,991.08
63 $89,991.08 $1,215.95 $0.00 $508.82 $91,715.85
64 $91,715.85 $1,215.95 $0.00 $518.57 $93,450.37
65 $93,450.37 $1,215.95 $0.00 $528.38 $95,194.70
66 $95,194.70 $1,215.95 $0.00 $538.24 $96,948.89
67 $96,948.89 $1,215.95 $0.00 $548.16 $98,713.00
68 $98,713.00 $1,215.95 $0.00 $558.14 $100,487.09
69 $100,487.09 $1,215.95 $0.00 $568.17 $102,271.21
70 $102,271.21 $1,215.95 $0.00 $578.26 $104,065.42
71 $104,065.42 $1,215.95 $0.00 $588.40 $105,869.77
72 $105,869.77 $1,215.95 $0.00 $598.60 $107,684.32
73 $107,684.32 $1,215.95 $0.00 $608.86 $109,509.13
74 $109,509.13 $1,215.95 $0.00 $619.18 $111,344.26
75 $111,344.26 $1,215.95 $0.00 $629.56 $113,189.77
76 $113,189.77 $1,215.95 $0.00 $639.99 $115,045.71
77 $115,045.71 $1,215.95 $0.00 $650.49 $116,912.15
78 $116,912.15 $1,215.95 $0.00 $661.04 $118,789.14
79 $118,789.14 $1,215.95 $0.00 $671.65 $120,676.74
80 $120,676.74 $1,215.95 $0.00 $682.32 $122,575.01
81 $122,575.01 $1,215.95 $0.00 $693.06 $124,484.02
82 $124,484.02 $1,215.95 $0.00 $703.85 $126,403.82
83 $126,403.82 $1,215.95 $0.00 $714.71 $128,334.48
84 $128,334.48 $1,215.95 $0.00 $725.62 $130,276.05
85 $130,276.05 $1,215.95 $0.00 $736.60 $132,228.60
86 $132,228.60 $1,215.95 $0.00 $747.64 $134,192.19
87 $134,192.19 $1,215.95 $0.00 $758.74 $136,166.88
88 $136,166.88 $1,215.95 $0.00 $769.91 $138,152.74
89 $138,152.74 $1,215.95 $0.00 $781.14 $140,149.83
90 $140,149.83 $1,215.95 $0.00 $792.43 $142,158.21
91 $142,158.21 $1,215.95 $0.00 $803.78 $144,177.94
92 $144,177.94 $1,215.95 $0.00 $815.20 $146,209.09
93 $146,209.09 $1,215.95 $0.00 $826.69 $148,251.73
94 $148,251.73 $1,215.95 $0.00 $838.24 $150,305.92
95 $150,305.92 $1,215.95 $0.00 $849.85 $152,371.72
96 $152,371.72 $1,215.95 $0.00 $861.53 $154,449.20
97 $154,449.20 $1,215.95 $0.00 $873.28 $156,538.43
98 $156,538.43 $1,215.95 $0.00 $885.09 $158,639.47
99 $158,639.47 $1,215.95 $0.00 $896.97 $160,752.39
100 $160,752.39 $1,215.95 $0.00 $908.92 $162,877.26
101 $162,877.26 $1,215.95 $0.00 $920.93 $165,014.14
102 $165,014.14 $1,215.95 $0.00 $933.01 $167,163.10
103 $167,163.10 $1,215.95 $0.00 $945.16 $169,324.21
104 $169,324.21 $1,215.95 $0.00 $957.38 $171,497.54
105 $171,497.54 $1,215.95 $0.00 $969.67 $173,683.16
106 $173,683.16 $1,215.95 $0.00 $982.03 $175,881.14
107 $175,881.14 $1,215.95 $0.00 $994.46 $178,091.55
108 $178,091.55 $1,215.95 $0.00 $1,006.96 $180,314.46
109 $180,314.46 $1,215.95 $0.00 $1,019.52 $182,549.93
110 $182,549.93 $1,215.95 $0.00 $1,032.16 $184,798.04
111 $184,798.04 $1,215.95 $0.00 $1,044.87 $187,058.86
112 $187,058.86 $1,215.95 $0.00 $1,057.66 $189,332.47
113 $189,332.47 $1,215.95 $0.00 $1,070.51 $191,618.93
114 $191,618.93 $1,215.95 $0.00 $1,083.44 $193,918.32
115 $193,918.32 $1,215.95 $0.00 $1,096.44 $196,230.71
116 $196,230.71 $1,215.95 $0.00 $1,109.52 $198,556.18
117 $198,556.18 $1,215.95 $0.00 $1,122.67 $200,894.80
118 $200,894.80 $1,215.95 $0.00 $1,135.89 $203,246.64
119 $203,246.64 $1,215.95 $0.00 $1,149.19 $205,611.78
120 $205,611.78 $1,215.95 $0.00 $1,162.56 $207,990.29
121 $207,990.29 $1,215.95 $0.00 $1,176.01 $210,382.25
122 $210,382.25 $1,215.95 $0.00 $1,189.53 $212,787.73
123 $212,787.73 $1,215.95 $0.00 $1,203.13 $215,206.81
124 $215,206.81 $1,215.95 $0.00 $1,216.81 $217,639.57
125 $217,639.57 $1,215.95 $0.00 $1,230.57 $220,086.09
126 $220,086.09 $1,215.95 $0.00 $1,244.40 $222,546.44
127 $222,546.44 $1,215.95 $0.00 $1,258.31 $225,020.70
128 $225,020.70 $1,215.95 $0.00 $1,272.30 $227,508.95
129 $227,508.95 $1,215.95 $0.00 $1,286.37 $230,011.27
130 $230,011.27 $1,215.95 $0.00 $1,300.52 $232,527.74
131 $232,527.74 $1,215.95 $0.00 $1,314.75 $235,058.44
132 $235,058.44 $1,215.95 $0.00 $1,329.05 $237,603.44
133 $237,603.44 $1,215.95 $0.00 $1,343.44 $240,162.83
134 $240,162.83 $1,215.95 $0.00 $1,357.92 $242,736.70
135 $242,736.70 $1,215.95 $0.00 $1,372.47 $245,325.12
136 $245,325.12 $1,215.95 $0.00 $1,387.10 $247,928.17
137 $247,928.17 $1,215.95 $0.00 $1,401.82 $250,545.94
138 $250,545.94 $1,215.95 $0.00 $1,416.62 $253,178.51
139 $253,178.51 $1,215.95 $0.00 $1,431.51 $255,825.97
140 $255,825.97 $1,215.95 $0.00 $1,446.48 $258,488.40
141 $258,488.40 $1,215.95 $0.00 $1,461.53 $261,165.88
142 $261,165.88 $1,215.95 $0.00 $1,476.67 $263,858.50
143 $263,858.50 $1,215.95 $0.00 $1,491.89 $266,566.34
144 $266,566.34 $1,215.95 $0.00 $1,507.20 $269,289.49
145 $269,289.49 $1,215.95 $0.00 $1,522.60 $272,028.04
146 $272,028.04 $1,215.95 $0.00 $1,538.09 $274,782.08
147 $274,782.08 $1,215.95 $0.00 $1,553.66 $277,551.69
148 $277,551.69 $1,215.95 $0.00 $1,569.32 $280,336.96
149 $280,336.96 $1,215.95 $0.00 $1,585.07 $283,137.98
150 $283,137.98 $1,215.95 $0.00 $1,600.90 $285,954.83
151 $285,954.83 $1,215.95 $0.00 $1,616.83 $288,787.61
152 $288,787.61 $1,215.95 $0.00 $1,632.85 $291,636.41
153 $291,636.41 $1,215.95 $0.00 $1,648.95 $294,501.31
154 $294,501.31 $1,215.95 $0.00 $1,665.15 $297,382.41
155 $297,382.41 $1,215.95 $0.00 $1,681.44 $300,279.80
156 $300,279.80 $1,215.95 $0.00 $1,697.83 $303,193.58
157 $303,193.58 $1,215.95 $0.00 $1,714.30 $306,123.83
158 $306,123.83 $1,215.95 $0.00 $1,730.87 $309,070.65
159 $309,070.65 $1,215.95 $0.00 $1,747.53 $312,034.13
160 $312,034.13 $1,215.95 $0.00 $1,764.29 $315,014.37
161 $315,014.37 $1,215.95 $0.00 $1,781.14 $318,011.46
162 $318,011.46 $1,215.95 $0.00 $1,798.08 $321,025.49
163 $321,025.49 $1,215.95 $0.00 $1,815.12 $324,056.56
164 $324,056.56 $1,215.95 $0.00 $1,832.26 $327,104.77
165 $327,104.77 $1,215.95 $0.00 $1,849.50 $330,170.22
166 $330,170.22 $1,215.95 $0.00 $1,866.83 $333,253.00
167 $333,253.00 $1,215.95 $0.00 $1,884.26 $336,353.21
168 $336,353.21 $1,215.95 $0.00 $1,901.79 $339,470.95
169 $339,470.95 $1,215.95 $0.00 $1,919.42 $342,606.32
170 $342,606.32 $1,215.95 $0.00 $1,937.15 $345,759.42
171 $345,759.42 $1,215.95 $0.00 $1,954.97 $348,930.34
172 $348,930.34 $1,215.95 $0.00 $1,972.90 $352,119.19
173 $352,119.19 $1,215.95 $0.00 $1,990.93 $355,326.07
174 $355,326.07 $1,215.95 $0.00 $2,009.07 $358,551.09
175 $358,551.09 $1,215.95 $0.00 $2,027.30 $361,794.34
176 $361,794.34 $1,215.95 $0.00 $2,045.64 $365,055.93
177 $365,055.93 $1,215.95 $0.00 $2,064.08 $368,335.96
178 $368,335.96 $1,215.95 $0.00 $2,082.63 $371,634.54
179 $371,634.54 $1,215.95 $0.00 $2,101.28 $374,951.77
180 $374,951.77 $1,215.95 $0.00 $2,120.03 $378,287.75
181 $378,287.75 $1,215.95 $0.00 $2,138.89 $381,642.59
182 $381,642.59 $1,215.95 $0.00 $2,157.86 $385,016.40
183 $385,016.40 $1,215.95 $0.00 $2,176.94 $388,409.29
184 $388,409.29 $1,215.95 $0.00 $2,196.12 $391,821.36
185 $391,821.36 $1,215.95 $0.00 $2,215.41 $395,252.72
186 $395,252.72 $1,215.95 $0.00 $2,234.82 $398,703.49
187 $398,703.49 $1,215.95 $0.00 $2,254.33 $402,173.77
188 $402,173.77 $1,215.95 $0.00 $2,273.95 $405,663.67
189 $405,663.67 $1,215.95 $0.00 $2,293.68 $409,173.30
190 $409,173.30 $1,215.95 $0.00 $2,313.53 $412,702.78
191 $412,702.78 $1,215.95 $0.00 $2,333.48 $416,252.21
192 $416,252.21 $1,215.95 $0.00 $2,353.55 $419,821.71
193 $419,821.71 $1,215.95 $0.00 $2,373.73 $423,411.39
194 $423,411.39 $1,215.95 $0.00 $2,394.03 $427,021.37
195 $427,021.37 $1,215.95 $0.00 $2,414.44 $430,651.76
196 $430,651.76 $1,215.95 $0.00 $2,434.97 $434,302.68
197 $434,302.68 $1,215.95 $0.00 $2,455.61 $437,974.24
198 $437,974.24 $1,215.95 $0.00 $2,476.37 $441,666.56
199 $441,666.56 $1,215.95 $0.00 $2,497.25 $445,379.76
200 $445,379.76 $1,215.95 $0.00 $2,518.24 $449,113.95
201 $449,113.95 $1,215.95 $0.00 $2,539.36 $452,869.26
202 $452,869.26 $1,215.95 $0.00 $2,560.59 $456,645.80
203 $456,645.80 $1,215.95 $0.00 $2,581.94 $460,443.69
204 $460,443.69 $1,215.95 $0.00 $2,603.42 $464,263.06
205 $464,263.06 $1,215.95 $0.00 $2,625.01 $468,104.02
206 $468,104.02 $1,215.95 $0.00 $2,646.73 $471,966.70
207 $471,966.70 $1,215.95 $0.00 $2,668.57 $475,851.22
208 $475,851.22 $1,215.95 $0.00 $2,690.53 $479,757.70
209 $479,757.70 $1,215.95 $0.00 $2,712.62 $483,686.27
210 $483,686.27 $1,215.95 $0.00 $2,734.83 $487,637.05
211 $487,637.05 $1,215.95 $0.00 $2,757.17 $491,610.17
212 $491,610.17 $1,215.95 $0.00 $2,779.64 $495,605.76
213 $495,605.76 $1,215.95 $0.00 $2,802.23 $499,623.94
214 $499,623.94 $1,215.95 $0.00 $2,824.95 $503,664.84
215 $503,664.84 $1,215.95 $0.00 $2,847.79 $507,728.58
216 $507,728.58 $1,215.95 $0.00 $2,870.77 $511,815.30
217 $511,815.30 $1,215.95 $138,611.02 $2,893.88 $377,314.11
218 $377,314.11 $1,215.95 $0.00 $2,133.39 $380,663.45
219 $380,663.45 $1,215.95 $0.00 $2,152.33 $384,031.73
220 $384,031.73 $1,215.95 $0.00 $2,171.37 $387,419.05
221 $387,419.05 $1,215.95 $0.00 $2,190.52 $390,825.52
222 $390,825.52 $1,215.95 $0.00 $2,209.78 $394,251.25
223 $394,251.25 $1,215.95 $0.00 $2,229.15 $397,696.35
224 $397,696.35 $1,215.95 $0.00 $2,248.63 $401,160.93
225 $401,160.93 $1,215.95 $0.00 $2,268.22 $404,645.10
226 $404,645.10 $1,215.95 $0.00 $2,287.92 $408,148.97
227 $408,148.97 $1,215.95 $0.00 $2,307.73 $411,672.65
228 $411,672.65 $1,215.95 $0.00 $2,327.66 $415,216.26
229 $415,216.26 $1,215.95 $148,313.79 $2,347.69 $270,466.11
230 $270,466.11 $1,215.95 $0.00 $1,529.25 $273,211.31
231 $273,211.31 $1,215.95 $0.00 $1,544.78 $275,972.04
232 $275,972.04 $1,215.95 $0.00 $1,560.39 $278,748.38
233 $278,748.38 $1,215.95 $0.00 $1,576.08 $281,540.41
234 $281,540.41 $1,215.95 $0.00 $1,591.87 $284,348.23
235 $284,348.23 $1,215.95 $0.00 $1,607.75 $287,171.93
236 $287,171.93 $1,215.95 $0.00 $1,623.71 $290,011.59
237 $290,011.59 $1,215.95 $0.00 $1,639.77 $292,867.31
238 $292,867.31 $1,215.95 $0.00 $1,655.91 $295,739.17
239 $295,739.17 $1,215.95 $0.00 $1,672.15 $298,627.27
240 $298,627.27 $1,215.95 $0.00 $1,688.48 $301,531.70
241 $301,531.70 $1,215.95 $158,695.76 $1,704.90 $145,756.79
242 $145,756.79 $1,215.95 $0.00 $824.13 $147,796.87
243 $147,796.87 $1,215.95 $0.00 $835.66 $149,848.48
244 $149,848.48 $1,215.95 $0.00 $847.27 $151,911.70
245 $151,911.70 $1,215.95 $0.00 $858.93 $153,986.58
246 $153,986.58 $1,215.95 $0.00 $870.66 $156,073.19
247 $156,073.19 $1,215.95 $0.00 $882.46 $158,171.60
248 $158,171.60 $1,215.95 $0.00 $894.33 $160,281.88
249 $160,281.88 $1,215.95 $0.00 $906.26 $162,404.09
250 $162,404.09 $1,215.95 $0.00 $918.26 $164,538.30
251 $164,538.30 $1,215.95 $0.00 $930.32 $166,684.57
252 $166,684.57 $1,215.95 $0.00 $942.46 $168,842.98
253 $168,842.98 $0.00 $169,804.46 $954.66 -$6.82