Savings Plan and Future Cost Estimation for University of New Mexico Los Alamos Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$65,854
Monthly savings required$293

How much will it cost to send your child to University of New Mexico Los Alamos Campus in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $131,708.36 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $292.58 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$18,825.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment2

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $292.58 $0.00 $0.00 $292.58
2 $292.58 $292.58 $0.00 $1.65 $586.81
3 $586.81 $292.58 $0.00 $3.32 $882.71
4 $882.71 $292.58 $0.00 $4.99 $1,180.28
5 $1,180.28 $292.58 $0.00 $6.67 $1,479.53
6 $1,479.53 $292.58 $0.00 $8.37 $1,780.48
7 $1,780.48 $292.58 $0.00 $10.07 $2,083.13
8 $2,083.13 $292.58 $0.00 $11.78 $2,387.49
9 $2,387.49 $292.58 $0.00 $13.50 $2,693.57
10 $2,693.57 $292.58 $0.00 $15.23 $3,001.38
11 $3,001.38 $292.58 $0.00 $16.97 $3,310.93
12 $3,310.93 $292.58 $0.00 $18.72 $3,622.23
13 $3,622.23 $292.58 $0.00 $20.48 $3,935.29
14 $3,935.29 $292.58 $0.00 $22.25 $4,250.12
15 $4,250.12 $292.58 $0.00 $24.03 $4,566.73
16 $4,566.73 $292.58 $0.00 $25.82 $4,885.13
17 $4,885.13 $292.58 $0.00 $27.62 $5,205.33
18 $5,205.33 $292.58 $0.00 $29.43 $5,527.34
19 $5,527.34 $292.58 $0.00 $31.25 $5,851.17
20 $5,851.17 $292.58 $0.00 $33.08 $6,176.83
21 $6,176.83 $292.58 $0.00 $34.92 $6,504.33
22 $6,504.33 $292.58 $0.00 $36.78 $6,833.69
23 $6,833.69 $292.58 $0.00 $38.64 $7,164.91
24 $7,164.91 $292.58 $0.00 $40.51 $7,498.00
25 $7,498.00 $292.58 $0.00 $42.39 $7,832.97
26 $7,832.97 $292.58 $0.00 $44.29 $8,169.84
27 $8,169.84 $292.58 $0.00 $46.19 $8,508.61
28 $8,508.61 $292.58 $0.00 $48.11 $8,849.30
29 $8,849.30 $292.58 $0.00 $50.04 $9,191.92
30 $9,191.92 $292.58 $0.00 $51.97 $9,536.47
31 $9,536.47 $292.58 $0.00 $53.92 $9,882.97
32 $9,882.97 $292.58 $0.00 $55.88 $10,231.43
33 $10,231.43 $292.58 $0.00 $57.85 $10,581.86
34 $10,581.86 $292.58 $0.00 $59.83 $10,934.27
35 $10,934.27 $292.58 $0.00 $61.82 $11,288.67
36 $11,288.67 $292.58 $0.00 $63.83 $11,645.08
37 $11,645.08 $292.58 $0.00 $65.84 $12,003.50
38 $12,003.50 $292.58 $0.00 $67.87 $12,363.95
39 $12,363.95 $292.58 $0.00 $69.91 $12,726.44
40 $12,726.44 $292.58 $0.00 $71.96 $13,090.98
41 $13,090.98 $292.58 $0.00 $74.02 $13,457.58
42 $13,457.58 $292.58 $0.00 $76.09 $13,826.25
43 $13,826.25 $292.58 $0.00 $78.18 $14,197.01
44 $14,197.01 $292.58 $0.00 $80.27 $14,569.86
45 $14,569.86 $292.58 $0.00 $82.38 $14,944.82
46 $14,944.82 $292.58 $0.00 $84.50 $15,321.90
47 $15,321.90 $292.58 $0.00 $86.63 $15,701.11
48 $15,701.11 $292.58 $0.00 $88.78 $16,082.47
49 $16,082.47 $292.58 $0.00 $90.93 $16,465.98
50 $16,465.98 $292.58 $0.00 $93.10 $16,851.66
51 $16,851.66 $292.58 $0.00 $95.28 $17,239.52
52 $17,239.52 $292.58 $0.00 $97.47 $17,629.57
53 $17,629.57 $292.58 $0.00 $99.68 $18,021.83
54 $18,021.83 $292.58 $0.00 $101.90 $18,416.31
55 $18,416.31 $292.58 $0.00 $104.13 $18,813.02
56 $18,813.02 $292.58 $0.00 $106.37 $19,211.97
57 $19,211.97 $292.58 $0.00 $108.63 $19,613.18
58 $19,613.18 $292.58 $0.00 $110.90 $20,016.66
59 $20,016.66 $292.58 $0.00 $113.18 $20,422.42
60 $20,422.42 $292.58 $0.00 $115.47 $20,830.47
61 $20,830.47 $292.58 $0.00 $117.78 $21,240.83
62 $21,240.83 $292.58 $0.00 $120.10 $21,653.51
63 $21,653.51 $292.58 $0.00 $122.43 $22,068.52
64 $22,068.52 $292.58 $0.00 $124.78 $22,485.88
65 $22,485.88 $292.58 $0.00 $127.14 $22,905.60
66 $22,905.60 $292.58 $0.00 $129.51 $23,327.69
67 $23,327.69 $292.58 $0.00 $131.90 $23,752.17
68 $23,752.17 $292.58 $0.00 $134.30 $24,179.05
69 $24,179.05 $292.58 $0.00 $136.71 $24,608.34
70 $24,608.34 $292.58 $0.00 $139.14 $25,040.06
71 $25,040.06 $292.58 $0.00 $141.58 $25,474.22
72 $25,474.22 $292.58 $0.00 $144.03 $25,910.83
73 $25,910.83 $292.58 $0.00 $146.50 $26,349.91
74 $26,349.91 $292.58 $0.00 $148.99 $26,791.48
75 $26,791.48 $292.58 $0.00 $151.48 $27,235.54
76 $27,235.54 $292.58 $0.00 $153.99 $27,682.11
77 $27,682.11 $292.58 $0.00 $156.52 $28,131.21
78 $28,131.21 $292.58 $0.00 $159.06 $28,582.85
79 $28,582.85 $292.58 $0.00 $161.61 $29,037.04
80 $29,037.04 $292.58 $0.00 $164.18 $29,493.80
81 $29,493.80 $292.58 $0.00 $166.76 $29,953.14
82 $29,953.14 $292.58 $0.00 $169.36 $30,415.08
83 $30,415.08 $292.58 $0.00 $171.97 $30,879.63
84 $30,879.63 $292.58 $0.00 $174.60 $31,346.81
85 $31,346.81 $292.58 $0.00 $177.24 $31,816.63
86 $31,816.63 $292.58 $0.00 $179.90 $32,289.11
87 $32,289.11 $292.58 $0.00 $182.57 $32,764.26
88 $32,764.26 $292.58 $0.00 $185.25 $33,242.09
89 $33,242.09 $292.58 $0.00 $187.96 $33,722.63
90 $33,722.63 $292.58 $0.00 $190.67 $34,205.88
91 $34,205.88 $292.58 $0.00 $193.41 $34,691.87
92 $34,691.87 $292.58 $0.00 $196.15 $35,180.60
93 $35,180.60 $292.58 $0.00 $198.92 $35,672.10
94 $35,672.10 $292.58 $0.00 $201.70 $36,166.38
95 $36,166.38 $292.58 $0.00 $204.49 $36,663.45
96 $36,663.45 $292.58 $0.00 $207.30 $37,163.33
97 $37,163.33 $292.58 $0.00 $210.13 $37,666.04
98 $37,666.04 $292.58 $0.00 $212.97 $38,171.59
99 $38,171.59 $292.58 $0.00 $215.83 $38,680.00
100 $38,680.00 $292.58 $0.00 $218.70 $39,191.28
101 $39,191.28 $292.58 $0.00 $221.59 $39,705.45
102 $39,705.45 $292.58 $0.00 $224.50 $40,222.53
103 $40,222.53 $292.58 $0.00 $227.42 $40,742.53
104 $40,742.53 $292.58 $0.00 $230.36 $41,265.47
105 $41,265.47 $292.58 $0.00 $233.32 $41,791.37
106 $41,791.37 $292.58 $0.00 $236.29 $42,320.24
107 $42,320.24 $292.58 $0.00 $239.28 $42,852.10
108 $42,852.10 $292.58 $0.00 $242.29 $43,386.97
109 $43,386.97 $292.58 $0.00 $245.32 $43,924.87
110 $43,924.87 $292.58 $0.00 $248.36 $44,465.81
111 $44,465.81 $292.58 $0.00 $251.42 $45,009.81
112 $45,009.81 $292.58 $0.00 $254.49 $45,556.88
113 $45,556.88 $292.58 $0.00 $257.59 $46,107.05
114 $46,107.05 $292.58 $0.00 $260.70 $46,660.33
115 $46,660.33 $292.58 $0.00 $263.82 $47,216.73
116 $47,216.73 $292.58 $0.00 $266.97 $47,776.28
117 $47,776.28 $292.58 $0.00 $270.13 $48,338.99
118 $48,338.99 $292.58 $0.00 $273.32 $48,904.89
119 $48,904.89 $292.58 $0.00 $276.52 $49,473.99
120 $49,473.99 $292.58 $0.00 $279.73 $50,046.30
121 $50,046.30 $292.58 $0.00 $282.97 $50,621.85
122 $50,621.85 $292.58 $0.00 $286.22 $51,200.65
123 $51,200.65 $292.58 $0.00 $289.50 $51,782.73
124 $51,782.73 $292.58 $0.00 $292.79 $52,368.10
125 $52,368.10 $292.58 $0.00 $296.10 $52,956.78
126 $52,956.78 $292.58 $0.00 $299.43 $53,548.79
127 $53,548.79 $292.58 $0.00 $302.77 $54,144.14
128 $54,144.14 $292.58 $0.00 $306.14 $54,742.86
129 $54,742.86 $292.58 $0.00 $309.52 $55,344.96
130 $55,344.96 $292.58 $0.00 $312.93 $55,950.47
131 $55,950.47 $292.58 $0.00 $316.35 $56,559.40
132 $56,559.40 $292.58 $0.00 $319.80 $57,171.78
133 $57,171.78 $292.58 $0.00 $323.26 $57,787.62
134 $57,787.62 $292.58 $0.00 $326.74 $58,406.94
135 $58,406.94 $292.58 $0.00 $330.24 $59,029.76
136 $59,029.76 $292.58 $0.00 $333.76 $59,656.10
137 $59,656.10 $292.58 $0.00 $337.30 $60,285.98
138 $60,285.98 $292.58 $0.00 $340.87 $60,919.43
139 $60,919.43 $292.58 $0.00 $344.45 $61,556.46
140 $61,556.46 $292.58 $0.00 $348.05 $62,197.09
141 $62,197.09 $292.58 $0.00 $351.67 $62,841.34
142 $62,841.34 $292.58 $0.00 $355.31 $63,489.23
143 $63,489.23 $292.58 $0.00 $358.98 $64,140.79
144 $64,140.79 $292.58 $0.00 $362.66 $64,796.03
145 $64,796.03 $292.58 $0.00 $366.37 $65,454.98
146 $65,454.98 $292.58 $0.00 $370.09 $66,117.65
147 $66,117.65 $292.58 $0.00 $373.84 $66,784.07
148 $66,784.07 $292.58 $0.00 $377.61 $67,454.26
149 $67,454.26 $292.58 $0.00 $381.40 $68,128.24
150 $68,128.24 $292.58 $0.00 $385.21 $68,806.03
151 $68,806.03 $292.58 $0.00 $389.04 $69,487.65
152 $69,487.65 $292.58 $0.00 $392.89 $70,173.12
153 $70,173.12 $292.58 $0.00 $396.77 $70,862.47
154 $70,862.47 $292.58 $0.00 $400.67 $71,555.72
155 $71,555.72 $292.58 $0.00 $404.59 $72,252.89
156 $72,252.89 $292.58 $0.00 $408.53 $72,954.00
157 $72,954.00 $292.58 $0.00 $412.49 $73,659.07
158 $73,659.07 $292.58 $0.00 $416.48 $74,368.13
159 $74,368.13 $292.58 $0.00 $420.49 $75,081.20
160 $75,081.20 $292.58 $0.00 $424.52 $75,798.30
161 $75,798.30 $292.58 $0.00 $428.57 $76,519.45
162 $76,519.45 $292.58 $0.00 $432.65 $77,244.68
163 $77,244.68 $292.58 $0.00 $436.75 $77,974.01
164 $77,974.01 $292.58 $0.00 $440.88 $78,707.47
165 $78,707.47 $292.58 $0.00 $445.02 $79,445.07
166 $79,445.07 $292.58 $0.00 $449.19 $80,186.84
167 $80,186.84 $292.58 $0.00 $453.39 $80,932.81
168 $80,932.81 $292.58 $0.00 $457.61 $81,683.00
169 $81,683.00 $292.58 $0.00 $461.85 $82,437.43
170 $82,437.43 $292.58 $0.00 $466.11 $83,196.12
171 $83,196.12 $292.58 $0.00 $470.40 $83,959.10
172 $83,959.10 $292.58 $0.00 $474.72 $84,726.40
173 $84,726.40 $292.58 $0.00 $479.06 $85,498.04
174 $85,498.04 $292.58 $0.00 $483.42 $86,274.04
175 $86,274.04 $292.58 $0.00 $487.81 $87,054.43
176 $87,054.43 $292.58 $0.00 $492.22 $87,839.23
177 $87,839.23 $292.58 $0.00 $496.66 $88,628.47
178 $88,628.47 $292.58 $0.00 $501.12 $89,422.17
179 $89,422.17 $292.58 $0.00 $505.61 $90,220.36
180 $90,220.36 $292.58 $0.00 $510.12 $91,023.06
181 $91,023.06 $292.58 $0.00 $514.66 $91,830.30
182 $91,830.30 $292.58 $0.00 $519.22 $92,642.10
183 $92,642.10 $292.58 $0.00 $523.81 $93,458.49
184 $93,458.49 $292.58 $0.00 $528.43 $94,279.50
185 $94,279.50 $292.58 $0.00 $533.07 $95,105.15
186 $95,105.15 $292.58 $0.00 $537.74 $95,935.47
187 $95,935.47 $292.58 $0.00 $542.43 $96,770.48
188 $96,770.48 $292.58 $0.00 $547.15 $97,610.21
189 $97,610.21 $292.58 $0.00 $551.90 $98,454.69
190 $98,454.69 $292.58 $0.00 $556.68 $99,303.95
191 $99,303.95 $292.58 $0.00 $561.48 $100,158.01
192 $100,158.01 $292.58 $0.00 $566.31 $101,016.90
193 $101,016.90 $292.58 $0.00 $571.16 $101,880.64
194 $101,880.64 $292.58 $0.00 $576.05 $102,749.27
195 $102,749.27 $292.58 $0.00 $580.96 $103,622.81
196 $103,622.81 $292.58 $0.00 $585.90 $104,501.29
197 $104,501.29 $292.58 $0.00 $590.87 $105,384.74
198 $105,384.74 $292.58 $0.00 $595.86 $106,273.18
199 $106,273.18 $292.58 $0.00 $600.88 $107,166.64
200 $107,166.64 $292.58 $0.00 $605.94 $108,065.16
201 $108,065.16 $292.58 $0.00 $611.02 $108,968.76
202 $108,968.76 $292.58 $0.00 $616.13 $109,877.47
203 $109,877.47 $292.58 $0.00 $621.26 $110,791.31
204 $110,791.31 $292.58 $0.00 $626.43 $111,710.32
205 $111,710.32 $292.58 $0.00 $631.63 $112,634.53
206 $112,634.53 $292.58 $0.00 $636.85 $113,563.96
207 $113,563.96 $292.58 $0.00 $642.11 $114,498.65
208 $114,498.65 $292.58 $0.00 $647.39 $115,438.62
209 $115,438.62 $292.58 $0.00 $652.71 $116,383.91
210 $116,383.91 $292.58 $0.00 $658.05 $117,334.54
211 $117,334.54 $292.58 $0.00 $663.43 $118,290.55
212 $118,290.55 $292.58 $0.00 $668.83 $119,251.96
213 $119,251.96 $292.58 $0.00 $674.27 $120,218.81
214 $120,218.81 $292.58 $0.00 $679.73 $121,191.12
215 $121,191.12 $292.58 $0.00 $685.23 $122,168.93
216 $122,168.93 $292.58 $0.00 $690.76 $123,152.27
217 $123,152.27 $292.58 $63,627.23 $696.32 $60,513.94
218 $60,513.94 $292.58 $0.00 $342.15 $61,148.67
219 $61,148.67 $292.58 $0.00 $345.74 $61,786.99
220 $61,786.99 $292.58 $0.00 $349.35 $62,428.92
221 $62,428.92 $292.58 $0.00 $352.98 $63,074.48
222 $63,074.48 $292.58 $0.00 $356.63 $63,723.69
223 $63,723.69 $292.58 $0.00 $360.30 $64,376.57
224 $64,376.57 $292.58 $0.00 $363.99 $65,033.14
225 $65,033.14 $292.58 $0.00 $367.71 $65,693.43
226 $65,693.43 $292.58 $0.00 $371.44 $66,357.45
227 $66,357.45 $292.58 $0.00 $375.19 $67,025.22
228 $67,025.22 $292.58 $0.00 $378.97 $67,696.77
229 $67,696.77 $0.00 $68,081.13 $382.77 -$1.59