Savings Plan and Future Cost Estimation for Creighton University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$230,428
Monthly savings required$1,821

How much will it cost to send your child to Creighton University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $921,711.92 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,821.12 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$61,420.00
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 $1,821.12 $0.00 $0.00 $1,821.12
2 $1,821.12 $1,821.12 $0.00 $10.30 $3,652.54
3 $3,652.54 $1,821.12 $0.00 $20.65 $5,494.31
4 $5,494.31 $1,821.12 $0.00 $31.07 $7,346.50
5 $7,346.50 $1,821.12 $0.00 $41.54 $9,209.16
6 $9,209.16 $1,821.12 $0.00 $52.07 $11,082.35
7 $11,082.35 $1,821.12 $0.00 $62.66 $12,966.13
8 $12,966.13 $1,821.12 $0.00 $73.31 $14,860.56
9 $14,860.56 $1,821.12 $0.00 $84.02 $16,765.70
10 $16,765.70 $1,821.12 $0.00 $94.80 $18,681.62
11 $18,681.62 $1,821.12 $0.00 $105.63 $20,608.37
12 $20,608.37 $1,821.12 $0.00 $116.52 $22,546.01
13 $22,546.01 $1,821.12 $0.00 $127.48 $24,494.61
14 $24,494.61 $1,821.12 $0.00 $138.50 $26,454.23
15 $26,454.23 $1,821.12 $0.00 $149.58 $28,424.93
16 $28,424.93 $1,821.12 $0.00 $160.72 $30,406.77
17 $30,406.77 $1,821.12 $0.00 $171.92 $32,399.81
18 $32,399.81 $1,821.12 $0.00 $183.19 $34,404.12
19 $34,404.12 $1,821.12 $0.00 $194.53 $36,419.77
20 $36,419.77 $1,821.12 $0.00 $205.92 $38,446.81
21 $38,446.81 $1,821.12 $0.00 $217.38 $40,485.31
22 $40,485.31 $1,821.12 $0.00 $228.91 $42,535.34
23 $42,535.34 $1,821.12 $0.00 $240.50 $44,596.96
24 $44,596.96 $1,821.12 $0.00 $252.16 $46,670.24
25 $46,670.24 $1,821.12 $0.00 $263.88 $48,755.24
26 $48,755.24 $1,821.12 $0.00 $275.67 $50,852.03
27 $50,852.03 $1,821.12 $0.00 $287.52 $52,960.67
28 $52,960.67 $1,821.12 $0.00 $299.45 $55,081.24
29 $55,081.24 $1,821.12 $0.00 $311.44 $57,213.80
30 $57,213.80 $1,821.12 $0.00 $323.50 $59,358.42
31 $59,358.42 $1,821.12 $0.00 $335.62 $61,515.16
32 $61,515.16 $1,821.12 $0.00 $347.82 $63,684.10
33 $63,684.10 $1,821.12 $0.00 $360.08 $65,865.30
34 $65,865.30 $1,821.12 $0.00 $372.41 $68,058.83
35 $68,058.83 $1,821.12 $0.00 $384.81 $70,264.76
36 $70,264.76 $1,821.12 $0.00 $397.29 $72,483.17
37 $72,483.17 $1,821.12 $0.00 $409.83 $74,714.12
38 $74,714.12 $1,821.12 $0.00 $422.44 $76,957.68
39 $76,957.68 $1,821.12 $0.00 $435.13 $79,213.93
40 $79,213.93 $1,821.12 $0.00 $447.89 $81,482.94
41 $81,482.94 $1,821.12 $0.00 $460.72 $83,764.78
42 $83,764.78 $1,821.12 $0.00 $473.62 $86,059.52
43 $86,059.52 $1,821.12 $0.00 $486.59 $88,367.23
44 $88,367.23 $1,821.12 $0.00 $499.64 $90,687.99
45 $90,687.99 $1,821.12 $0.00 $512.76 $93,021.87
46 $93,021.87 $1,821.12 $0.00 $525.96 $95,368.95
47 $95,368.95 $1,821.12 $0.00 $539.23 $97,729.30
48 $97,729.30 $1,821.12 $0.00 $552.58 $100,103.00
49 $100,103.00 $1,821.12 $0.00 $566.00 $102,490.12
50 $102,490.12 $1,821.12 $0.00 $579.49 $104,890.73
51 $104,890.73 $1,821.12 $0.00 $593.07 $107,304.92
52 $107,304.92 $1,821.12 $0.00 $606.72 $109,732.76
53 $109,732.76 $1,821.12 $0.00 $620.44 $112,174.32
54 $112,174.32 $1,821.12 $0.00 $634.25 $114,629.69
55 $114,629.69 $1,821.12 $0.00 $648.13 $117,098.94
56 $117,098.94 $1,821.12 $0.00 $662.09 $119,582.15
57 $119,582.15 $1,821.12 $0.00 $676.13 $122,079.40
58 $122,079.40 $1,821.12 $0.00 $690.25 $124,590.77
59 $124,590.77 $1,821.12 $0.00 $704.45 $127,116.34
60 $127,116.34 $1,821.12 $0.00 $718.73 $129,656.19
61 $129,656.19 $1,821.12 $0.00 $733.09 $132,210.40
62 $132,210.40 $1,821.12 $0.00 $747.54 $134,779.06
63 $134,779.06 $1,821.12 $0.00 $762.06 $137,362.24
64 $137,362.24 $1,821.12 $0.00 $776.67 $139,960.03
65 $139,960.03 $1,821.12 $0.00 $791.35 $142,572.50
66 $142,572.50 $1,821.12 $0.00 $806.13 $145,199.75
67 $145,199.75 $1,821.12 $0.00 $820.98 $147,841.85
68 $147,841.85 $1,821.12 $0.00 $835.92 $150,498.89
69 $150,498.89 $1,821.12 $0.00 $850.94 $153,170.95
70 $153,170.95 $1,821.12 $0.00 $866.05 $155,858.12
71 $155,858.12 $1,821.12 $0.00 $881.24 $158,560.48
72 $158,560.48 $1,821.12 $0.00 $896.52 $161,278.12
73 $161,278.12 $1,821.12 $0.00 $911.89 $164,011.13
74 $164,011.13 $1,821.12 $0.00 $927.34 $166,759.59
75 $166,759.59 $1,821.12 $0.00 $942.88 $169,523.59
76 $169,523.59 $1,821.12 $0.00 $958.51 $172,303.22
77 $172,303.22 $1,821.12 $0.00 $974.23 $175,098.57
78 $175,098.57 $1,821.12 $0.00 $990.03 $177,909.72
79 $177,909.72 $1,821.12 $0.00 $1,005.93 $180,736.77
80 $180,736.77 $1,821.12 $0.00 $1,021.91 $183,579.80
81 $183,579.80 $1,821.12 $0.00 $1,037.99 $186,438.91
82 $186,438.91 $1,821.12 $0.00 $1,054.15 $189,314.18
83 $189,314.18 $1,821.12 $0.00 $1,070.41 $192,205.71
84 $192,205.71 $1,821.12 $0.00 $1,086.76 $195,113.59
85 $195,113.59 $1,821.12 $0.00 $1,103.20 $198,037.91
86 $198,037.91 $1,821.12 $0.00 $1,119.74 $200,978.77
87 $200,978.77 $1,821.12 $0.00 $1,136.36 $203,936.25
88 $203,936.25 $1,821.12 $0.00 $1,153.09 $206,910.46
89 $206,910.46 $1,821.12 $0.00 $1,169.90 $209,901.48
90 $209,901.48 $1,821.12 $0.00 $1,186.81 $212,909.41
91 $212,909.41 $1,821.12 $0.00 $1,203.82 $215,934.35
92 $215,934.35 $1,821.12 $0.00 $1,220.92 $218,976.39
93 $218,976.39 $1,821.12 $0.00 $1,238.12 $222,035.63
94 $222,035.63 $1,821.12 $0.00 $1,255.42 $225,112.17
95 $225,112.17 $1,821.12 $0.00 $1,272.82 $228,206.11
96 $228,206.11 $1,821.12 $0.00 $1,290.31 $231,317.54
97 $231,317.54 $1,821.12 $0.00 $1,307.90 $234,446.56
98 $234,446.56 $1,821.12 $0.00 $1,325.59 $237,593.27
99 $237,593.27 $1,821.12 $0.00 $1,343.39 $240,757.78
100 $240,757.78 $1,821.12 $0.00 $1,361.28 $243,940.18
101 $243,940.18 $1,821.12 $0.00 $1,379.27 $247,140.57
102 $247,140.57 $1,821.12 $0.00 $1,397.37 $250,359.06
103 $250,359.06 $1,821.12 $0.00 $1,415.57 $253,595.75
104 $253,595.75 $1,821.12 $0.00 $1,433.87 $256,850.74
105 $256,850.74 $1,821.12 $0.00 $1,452.27 $260,124.13
106 $260,124.13 $1,821.12 $0.00 $1,470.78 $263,416.03
107 $263,416.03 $1,821.12 $0.00 $1,489.39 $266,726.54
108 $266,726.54 $1,821.12 $0.00 $1,508.11 $270,055.77
109 $270,055.77 $1,821.12 $0.00 $1,526.93 $273,403.82
110 $273,403.82 $1,821.12 $0.00 $1,545.86 $276,770.80
111 $276,770.80 $1,821.12 $0.00 $1,564.90 $280,156.82
112 $280,156.82 $1,821.12 $0.00 $1,584.05 $283,561.99
113 $283,561.99 $1,821.12 $0.00 $1,603.30 $286,986.41
114 $286,986.41 $1,821.12 $0.00 $1,622.66 $290,430.19
115 $290,430.19 $1,821.12 $0.00 $1,642.13 $293,893.44
116 $293,893.44 $1,821.12 $0.00 $1,661.72 $297,376.28
117 $297,376.28 $1,821.12 $0.00 $1,681.41 $300,878.81
118 $300,878.81 $1,821.12 $0.00 $1,701.21 $304,401.14
119 $304,401.14 $1,821.12 $0.00 $1,721.13 $307,943.39
120 $307,943.39 $1,821.12 $0.00 $1,741.16 $311,505.67
121 $311,505.67 $1,821.12 $0.00 $1,761.30 $315,088.09
122 $315,088.09 $1,821.12 $0.00 $1,781.55 $318,690.76
123 $318,690.76 $1,821.12 $0.00 $1,801.92 $322,313.80
124 $322,313.80 $1,821.12 $0.00 $1,822.41 $325,957.33
125 $325,957.33 $1,821.12 $0.00 $1,843.01 $329,621.46
126 $329,621.46 $1,821.12 $0.00 $1,863.73 $333,306.31
127 $333,306.31 $1,821.12 $0.00 $1,884.56 $337,011.99
128 $337,011.99 $1,821.12 $0.00 $1,905.51 $340,738.62
129 $340,738.62 $1,821.12 $0.00 $1,926.59 $344,486.33
130 $344,486.33 $1,821.12 $0.00 $1,947.78 $348,255.23
131 $348,255.23 $1,821.12 $0.00 $1,969.09 $352,045.44
132 $352,045.44 $1,821.12 $0.00 $1,990.52 $355,857.08
133 $355,857.08 $1,821.12 $0.00 $2,012.07 $359,690.27
134 $359,690.27 $1,821.12 $0.00 $2,033.74 $363,545.13
135 $363,545.13 $1,821.12 $0.00 $2,055.54 $367,421.79
136 $367,421.79 $1,821.12 $0.00 $2,077.46 $371,320.37
137 $371,320.37 $1,821.12 $0.00 $2,099.50 $375,240.99
138 $375,240.99 $1,821.12 $0.00 $2,121.67 $379,183.78
139 $379,183.78 $1,821.12 $0.00 $2,143.96 $383,148.86
140 $383,148.86 $1,821.12 $0.00 $2,166.38 $387,136.36
141 $387,136.36 $1,821.12 $0.00 $2,188.93 $391,146.41
142 $391,146.41 $1,821.12 $0.00 $2,211.60 $395,179.13
143 $395,179.13 $1,821.12 $0.00 $2,234.40 $399,234.65
144 $399,234.65 $1,821.12 $0.00 $2,257.33 $403,313.10
145 $403,313.10 $1,821.12 $0.00 $2,280.39 $407,414.61
146 $407,414.61 $1,821.12 $0.00 $2,303.58 $411,539.31
147 $411,539.31 $1,821.12 $0.00 $2,326.90 $415,687.33
148 $415,687.33 $1,821.12 $0.00 $2,350.36 $419,858.81
149 $419,858.81 $1,821.12 $0.00 $2,373.94 $424,053.87
150 $424,053.87 $1,821.12 $0.00 $2,397.66 $428,272.65
151 $428,272.65 $1,821.12 $0.00 $2,421.52 $432,515.29
152 $432,515.29 $1,821.12 $0.00 $2,445.50 $436,781.91
153 $436,781.91 $1,821.12 $0.00 $2,469.63 $441,072.66
154 $441,072.66 $1,821.12 $0.00 $2,493.89 $445,387.67
155 $445,387.67 $1,821.12 $0.00 $2,518.29 $449,727.08
156 $449,727.08 $1,821.12 $0.00 $2,542.82 $454,091.02
157 $454,091.02 $1,821.12 $0.00 $2,567.50 $458,479.64
158 $458,479.64 $1,821.12 $0.00 $2,592.31 $462,893.07
159 $462,893.07 $1,821.12 $0.00 $2,617.26 $467,331.45
160 $467,331.45 $1,821.12 $0.00 $2,642.36 $471,794.93
161 $471,794.93 $1,821.12 $0.00 $2,667.60 $476,283.65
162 $476,283.65 $1,821.12 $0.00 $2,692.98 $480,797.75
163 $480,797.75 $1,821.12 $0.00 $2,718.50 $485,337.37
164 $485,337.37 $1,821.12 $0.00 $2,744.17 $489,902.66
165 $489,902.66 $1,821.12 $0.00 $2,769.98 $494,493.76
166 $494,493.76 $1,821.12 $0.00 $2,795.94 $499,110.82
167 $499,110.82 $1,821.12 $0.00 $2,822.05 $503,753.99
168 $503,753.99 $1,821.12 $0.00 $2,848.30 $508,423.41
169 $508,423.41 $1,821.12 $0.00 $2,874.70 $513,119.23
170 $513,119.23 $1,821.12 $0.00 $2,901.25 $517,841.60
171 $517,841.60 $1,821.12 $0.00 $2,927.95 $522,590.67
172 $522,590.67 $1,821.12 $0.00 $2,954.80 $527,366.59
173 $527,366.59 $1,821.12 $0.00 $2,981.81 $532,169.52
174 $532,169.52 $1,821.12 $0.00 $3,008.96 $536,999.60
175 $536,999.60 $1,821.12 $0.00 $3,036.27 $541,856.99
176 $541,856.99 $1,821.12 $0.00 $3,063.74 $546,741.85
177 $546,741.85 $1,821.12 $0.00 $3,091.36 $551,654.33
178 $551,654.33 $1,821.12 $0.00 $3,119.13 $556,594.58
179 $556,594.58 $1,821.12 $0.00 $3,147.07 $561,562.77
180 $561,562.77 $1,821.12 $0.00 $3,175.16 $566,559.05
181 $566,559.05 $1,821.12 $0.00 $3,203.41 $571,583.58
182 $571,583.58 $1,821.12 $0.00 $3,231.82 $576,636.52
183 $576,636.52 $1,821.12 $0.00 $3,260.39 $581,718.03
184 $581,718.03 $1,821.12 $0.00 $3,289.12 $586,828.27
185 $586,828.27 $1,821.12 $0.00 $3,318.01 $591,967.40
186 $591,967.40 $1,821.12 $0.00 $3,347.07 $597,135.59
187 $597,135.59 $1,821.12 $0.00 $3,376.29 $602,333.00
188 $602,333.00 $1,821.12 $0.00 $3,405.68 $607,559.80
189 $607,559.80 $1,821.12 $0.00 $3,435.23 $612,816.15
190 $612,816.15 $1,821.12 $0.00 $3,464.95 $618,102.22
191 $618,102.22 $1,821.12 $0.00 $3,494.84 $623,418.18
192 $623,418.18 $1,821.12 $0.00 $3,524.90 $628,764.20
193 $628,764.20 $1,821.12 $0.00 $3,555.12 $634,140.44
194 $634,140.44 $1,821.12 $0.00 $3,585.52 $639,547.08
195 $639,547.08 $1,821.12 $0.00 $3,616.09 $644,984.29
196 $644,984.29 $1,821.12 $0.00 $3,646.83 $650,452.24
197 $650,452.24 $1,821.12 $0.00 $3,677.75 $655,951.11
198 $655,951.11 $1,821.12 $0.00 $3,708.84 $661,481.07
199 $661,481.07 $1,821.12 $0.00 $3,740.11 $667,042.30
200 $667,042.30 $1,821.12 $0.00 $3,771.55 $672,634.97
201 $672,634.97 $1,821.12 $0.00 $3,803.18 $678,259.27
202 $678,259.27 $1,821.12 $0.00 $3,834.98 $683,915.37
203 $683,915.37 $1,821.12 $0.00 $3,866.96 $689,603.45
204 $689,603.45 $1,821.12 $0.00 $3,899.12 $695,323.69
205 $695,323.69 $1,821.12 $0.00 $3,931.46 $701,076.27
206 $701,076.27 $1,821.12 $0.00 $3,963.99 $706,861.38
207 $706,861.38 $1,821.12 $0.00 $3,996.70 $712,679.20
208 $712,679.20 $1,821.12 $0.00 $4,029.59 $718,529.91
209 $718,529.91 $1,821.12 $0.00 $4,062.67 $724,413.70
210 $724,413.70 $1,821.12 $0.00 $4,095.94 $730,330.76
211 $730,330.76 $1,821.12 $0.00 $4,129.40 $736,281.28
212 $736,281.28 $1,821.12 $0.00 $4,163.04 $742,265.44
213 $742,265.44 $1,821.12 $0.00 $4,196.88 $748,283.44
214 $748,283.44 $1,821.12 $0.00 $4,230.90 $754,335.46
215 $754,335.46 $1,821.12 $0.00 $4,265.12 $760,421.70
216 $760,421.70 $1,821.12 $0.00 $4,299.53 $766,542.35
217 $766,542.35 $1,821.12 $207,595.44 $4,334.14 $565,102.17
218 $565,102.17 $1,821.12 $0.00 $3,195.17 $570,118.46
219 $570,118.46 $1,821.12 $0.00 $3,223.53 $575,163.11
220 $575,163.11 $1,821.12 $0.00 $3,252.06 $580,236.29
221 $580,236.29 $1,821.12 $0.00 $3,280.74 $585,338.15
222 $585,338.15 $1,821.12 $0.00 $3,309.59 $590,468.86
223 $590,468.86 $1,821.12 $0.00 $3,338.60 $595,628.58
224 $595,628.58 $1,821.12 $0.00 $3,367.77 $600,817.47
225 $600,817.47 $1,821.12 $0.00 $3,397.11 $606,035.70
226 $606,035.70 $1,821.12 $0.00 $3,426.61 $611,283.43
227 $611,283.43 $1,821.12 $0.00 $3,456.29 $616,560.84
228 $616,560.84 $1,821.12 $0.00 $3,486.12 $621,868.08
229 $621,868.08 $1,821.12 $222,127.12 $3,516.13 $405,078.21
230 $405,078.21 $1,821.12 $0.00 $2,290.37 $409,189.70
231 $409,189.70 $1,821.12 $0.00 $2,313.62 $413,324.44
232 $413,324.44 $1,821.12 $0.00 $2,337.00 $417,482.56
233 $417,482.56 $1,821.12 $0.00 $2,360.51 $421,664.19
234 $421,664.19 $1,821.12 $0.00 $2,384.15 $425,869.46
235 $425,869.46 $1,821.12 $0.00 $2,407.93 $430,098.51
236 $430,098.51 $1,821.12 $0.00 $2,431.84 $434,351.47
237 $434,351.47 $1,821.12 $0.00 $2,455.89 $438,628.48
238 $438,628.48 $1,821.12 $0.00 $2,480.07 $442,929.67
239 $442,929.67 $1,821.12 $0.00 $2,504.39 $447,255.18
240 $447,255.18 $1,821.12 $0.00 $2,528.85 $451,605.15
241 $451,605.15 $1,821.12 $237,676.02 $2,553.44 $218,303.69
242 $218,303.69 $1,821.12 $0.00 $1,234.32 $221,359.13
243 $221,359.13 $1,821.12 $0.00 $1,251.60 $224,431.85
244 $224,431.85 $1,821.12 $0.00 $1,268.97 $227,521.94
245 $227,521.94 $1,821.12 $0.00 $1,286.44 $230,629.50
246 $230,629.50 $1,821.12 $0.00 $1,304.01 $233,754.63
247 $233,754.63 $1,821.12 $0.00 $1,321.68 $236,897.43
248 $236,897.43 $1,821.12 $0.00 $1,339.45 $240,058.00
249 $240,058.00 $1,821.12 $0.00 $1,357.32 $243,236.44
250 $243,236.44 $1,821.12 $0.00 $1,375.29 $246,432.85
251 $246,432.85 $1,821.12 $0.00 $1,393.37 $249,647.34
252 $249,647.34 $1,821.12 $0.00 $1,411.54 $252,880.00
253 $252,880.00 $0.00 $254,313.34 $1,429.82 -$3.52