Savings Plan and Future Cost Estimation for Williston State College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$65,308
Monthly savings required$290

How much will it cost to send your child to Williston State College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $130,616.91 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $290.16 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$18,669.00
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 $290.16 $0.00 $0.00 $290.16
2 $290.16 $290.16 $0.00 $1.64 $581.96
3 $581.96 $290.16 $0.00 $3.29 $875.41
4 $875.41 $290.16 $0.00 $4.95 $1,170.52
5 $1,170.52 $290.16 $0.00 $6.62 $1,467.30
6 $1,467.30 $290.16 $0.00 $8.30 $1,765.76
7 $1,765.76 $290.16 $0.00 $9.98 $2,065.90
8 $2,065.90 $290.16 $0.00 $11.68 $2,367.74
9 $2,367.74 $290.16 $0.00 $13.39 $2,671.29
10 $2,671.29 $290.16 $0.00 $15.10 $2,976.55
11 $2,976.55 $290.16 $0.00 $16.83 $3,283.54
12 $3,283.54 $290.16 $0.00 $18.57 $3,592.27
13 $3,592.27 $290.16 $0.00 $20.31 $3,902.74
14 $3,902.74 $290.16 $0.00 $22.07 $4,214.97
15 $4,214.97 $290.16 $0.00 $23.83 $4,528.96
16 $4,528.96 $290.16 $0.00 $25.61 $4,844.73
17 $4,844.73 $290.16 $0.00 $27.39 $5,162.28
18 $5,162.28 $290.16 $0.00 $29.19 $5,481.63
19 $5,481.63 $290.16 $0.00 $30.99 $5,802.78
20 $5,802.78 $290.16 $0.00 $32.81 $6,125.75
21 $6,125.75 $290.16 $0.00 $34.64 $6,450.55
22 $6,450.55 $290.16 $0.00 $36.47 $6,777.18
23 $6,777.18 $290.16 $0.00 $38.32 $7,105.66
24 $7,105.66 $290.16 $0.00 $40.18 $7,436.00
25 $7,436.00 $290.16 $0.00 $42.04 $7,768.20
26 $7,768.20 $290.16 $0.00 $43.92 $8,102.28
27 $8,102.28 $290.16 $0.00 $45.81 $8,438.25
28 $8,438.25 $290.16 $0.00 $47.71 $8,776.12
29 $8,776.12 $290.16 $0.00 $49.62 $9,115.90
30 $9,115.90 $290.16 $0.00 $51.54 $9,457.60
31 $9,457.60 $290.16 $0.00 $53.47 $9,801.23
32 $9,801.23 $290.16 $0.00 $55.42 $10,146.81
33 $10,146.81 $290.16 $0.00 $57.37 $10,494.34
34 $10,494.34 $290.16 $0.00 $59.34 $10,843.84
35 $10,843.84 $290.16 $0.00 $61.31 $11,195.31
36 $11,195.31 $290.16 $0.00 $63.30 $11,548.77
37 $11,548.77 $290.16 $0.00 $65.30 $11,904.23
38 $11,904.23 $290.16 $0.00 $67.31 $12,261.70
39 $12,261.70 $290.16 $0.00 $69.33 $12,621.19
40 $12,621.19 $290.16 $0.00 $71.36 $12,982.71
41 $12,982.71 $290.16 $0.00 $73.41 $13,346.28
42 $13,346.28 $290.16 $0.00 $75.46 $13,711.90
43 $13,711.90 $290.16 $0.00 $77.53 $14,079.59
44 $14,079.59 $290.16 $0.00 $79.61 $14,449.36
45 $14,449.36 $290.16 $0.00 $81.70 $14,821.22
46 $14,821.22 $290.16 $0.00 $83.80 $15,195.18
47 $15,195.18 $290.16 $0.00 $85.92 $15,571.26
48 $15,571.26 $290.16 $0.00 $88.04 $15,949.46
49 $15,949.46 $290.16 $0.00 $90.18 $16,329.80
50 $16,329.80 $290.16 $0.00 $92.33 $16,712.29
51 $16,712.29 $290.16 $0.00 $94.49 $17,096.94
52 $17,096.94 $290.16 $0.00 $96.67 $17,483.77
53 $17,483.77 $290.16 $0.00 $98.86 $17,872.79
54 $17,872.79 $290.16 $0.00 $101.06 $18,264.01
55 $18,264.01 $290.16 $0.00 $103.27 $18,657.44
56 $18,657.44 $290.16 $0.00 $105.49 $19,053.09
57 $19,053.09 $290.16 $0.00 $107.73 $19,450.98
58 $19,450.98 $290.16 $0.00 $109.98 $19,851.12
59 $19,851.12 $290.16 $0.00 $112.24 $20,253.52
60 $20,253.52 $290.16 $0.00 $114.52 $20,658.20
61 $20,658.20 $290.16 $0.00 $116.80 $21,065.16
62 $21,065.16 $290.16 $0.00 $119.11 $21,474.43
63 $21,474.43 $290.16 $0.00 $121.42 $21,886.01
64 $21,886.01 $290.16 $0.00 $123.75 $22,299.92
65 $22,299.92 $290.16 $0.00 $126.09 $22,716.17
66 $22,716.17 $290.16 $0.00 $128.44 $23,134.77
67 $23,134.77 $290.16 $0.00 $130.81 $23,555.74
68 $23,555.74 $290.16 $0.00 $133.19 $23,979.09
69 $23,979.09 $290.16 $0.00 $135.58 $24,404.83
70 $24,404.83 $290.16 $0.00 $137.99 $24,832.98
71 $24,832.98 $290.16 $0.00 $140.41 $25,263.55
72 $25,263.55 $290.16 $0.00 $142.84 $25,696.55
73 $25,696.55 $290.16 $0.00 $145.29 $26,132.00
74 $26,132.00 $290.16 $0.00 $147.75 $26,569.91
75 $26,569.91 $290.16 $0.00 $150.23 $27,010.30
76 $27,010.30 $290.16 $0.00 $152.72 $27,453.18
77 $27,453.18 $290.16 $0.00 $155.22 $27,898.56
78 $27,898.56 $290.16 $0.00 $157.74 $28,346.46
79 $28,346.46 $290.16 $0.00 $160.28 $28,796.90
80 $28,796.90 $290.16 $0.00 $162.82 $29,249.88
81 $29,249.88 $290.16 $0.00 $165.38 $29,705.42
82 $29,705.42 $290.16 $0.00 $167.96 $30,163.54
83 $30,163.54 $290.16 $0.00 $170.55 $30,624.25
84 $30,624.25 $290.16 $0.00 $173.15 $31,087.56
85 $31,087.56 $290.16 $0.00 $175.77 $31,553.49
86 $31,553.49 $290.16 $0.00 $178.41 $32,022.06
87 $32,022.06 $290.16 $0.00 $181.06 $32,493.28
88 $32,493.28 $290.16 $0.00 $183.72 $32,967.16
89 $32,967.16 $290.16 $0.00 $186.40 $33,443.72
90 $33,443.72 $290.16 $0.00 $189.10 $33,922.98
91 $33,922.98 $290.16 $0.00 $191.81 $34,404.95
92 $34,404.95 $290.16 $0.00 $194.53 $34,889.64
93 $34,889.64 $290.16 $0.00 $197.27 $35,377.07
94 $35,377.07 $290.16 $0.00 $200.03 $35,867.26
95 $35,867.26 $290.16 $0.00 $202.80 $36,360.22
96 $36,360.22 $290.16 $0.00 $205.59 $36,855.97
97 $36,855.97 $290.16 $0.00 $208.39 $37,354.52
98 $37,354.52 $290.16 $0.00 $211.21 $37,855.89
99 $37,855.89 $290.16 $0.00 $214.04 $38,360.09
100 $38,360.09 $290.16 $0.00 $216.89 $38,867.14
101 $38,867.14 $290.16 $0.00 $219.76 $39,377.06
102 $39,377.06 $290.16 $0.00 $222.64 $39,889.86
103 $39,889.86 $290.16 $0.00 $225.54 $40,405.56
104 $40,405.56 $290.16 $0.00 $228.46 $40,924.18
105 $40,924.18 $290.16 $0.00 $231.39 $41,445.73
106 $41,445.73 $290.16 $0.00 $234.34 $41,970.23
107 $41,970.23 $290.16 $0.00 $237.31 $42,497.70
108 $42,497.70 $290.16 $0.00 $240.29 $43,028.15
109 $43,028.15 $290.16 $0.00 $243.29 $43,561.60
110 $43,561.60 $290.16 $0.00 $246.30 $44,098.06
111 $44,098.06 $290.16 $0.00 $249.34 $44,637.56
112 $44,637.56 $290.16 $0.00 $252.39 $45,180.11
113 $45,180.11 $290.16 $0.00 $255.45 $45,725.72
114 $45,725.72 $290.16 $0.00 $258.54 $46,274.42
115 $46,274.42 $290.16 $0.00 $261.64 $46,826.22
116 $46,826.22 $290.16 $0.00 $264.76 $47,381.14
117 $47,381.14 $290.16 $0.00 $267.90 $47,939.20
118 $47,939.20 $290.16 $0.00 $271.06 $48,500.42
119 $48,500.42 $290.16 $0.00 $274.23 $49,064.81
120 $49,064.81 $290.16 $0.00 $277.42 $49,632.39
121 $49,632.39 $290.16 $0.00 $280.63 $50,203.18
122 $50,203.18 $290.16 $0.00 $283.86 $50,777.20
123 $50,777.20 $290.16 $0.00 $287.10 $51,354.46
124 $51,354.46 $290.16 $0.00 $290.37 $51,934.99
125 $51,934.99 $290.16 $0.00 $293.65 $52,518.80
126 $52,518.80 $290.16 $0.00 $296.95 $53,105.91
127 $53,105.91 $290.16 $0.00 $300.27 $53,696.34
128 $53,696.34 $290.16 $0.00 $303.61 $54,290.11
129 $54,290.11 $290.16 $0.00 $306.96 $54,887.23
130 $54,887.23 $290.16 $0.00 $310.34 $55,487.73
131 $55,487.73 $290.16 $0.00 $313.74 $56,091.63
132 $56,091.63 $290.16 $0.00 $317.15 $56,698.94
133 $56,698.94 $290.16 $0.00 $320.58 $57,309.68
134 $57,309.68 $290.16 $0.00 $324.04 $57,923.88
135 $57,923.88 $290.16 $0.00 $327.51 $58,541.55
136 $58,541.55 $290.16 $0.00 $331.00 $59,162.71
137 $59,162.71 $290.16 $0.00 $334.51 $59,787.38
138 $59,787.38 $290.16 $0.00 $338.05 $60,415.59
139 $60,415.59 $290.16 $0.00 $341.60 $61,047.35
140 $61,047.35 $290.16 $0.00 $345.17 $61,682.68
141 $61,682.68 $290.16 $0.00 $348.76 $62,321.60
142 $62,321.60 $290.16 $0.00 $352.38 $62,964.14
143 $62,964.14 $290.16 $0.00 $356.01 $63,610.31
144 $63,610.31 $290.16 $0.00 $359.66 $64,260.13
145 $64,260.13 $290.16 $0.00 $363.34 $64,913.63
146 $64,913.63 $290.16 $0.00 $367.03 $65,570.82
147 $65,570.82 $290.16 $0.00 $370.75 $66,231.73
148 $66,231.73 $290.16 $0.00 $374.48 $66,896.37
149 $66,896.37 $290.16 $0.00 $378.24 $67,564.77
150 $67,564.77 $290.16 $0.00 $382.02 $68,236.95
151 $68,236.95 $290.16 $0.00 $385.82 $68,912.93
152 $68,912.93 $290.16 $0.00 $389.64 $69,592.73
153 $69,592.73 $290.16 $0.00 $393.49 $70,276.38
154 $70,276.38 $290.16 $0.00 $397.35 $70,963.89
155 $70,963.89 $290.16 $0.00 $401.24 $71,655.29
156 $71,655.29 $290.16 $0.00 $405.15 $72,350.60
157 $72,350.60 $290.16 $0.00 $409.08 $73,049.84
158 $73,049.84 $290.16 $0.00 $413.03 $73,753.03
159 $73,753.03 $290.16 $0.00 $417.01 $74,460.20
160 $74,460.20 $290.16 $0.00 $421.01 $75,171.37
161 $75,171.37 $290.16 $0.00 $425.03 $75,886.56
162 $75,886.56 $290.16 $0.00 $429.07 $76,605.79
163 $76,605.79 $290.16 $0.00 $433.14 $77,329.09
164 $77,329.09 $290.16 $0.00 $437.23 $78,056.48
165 $78,056.48 $290.16 $0.00 $441.34 $78,787.98
166 $78,787.98 $290.16 $0.00 $445.48 $79,523.62
167 $79,523.62 $290.16 $0.00 $449.64 $80,263.42
168 $80,263.42 $290.16 $0.00 $453.82 $81,007.40
169 $81,007.40 $290.16 $0.00 $458.03 $81,755.59
170 $81,755.59 $290.16 $0.00 $462.26 $82,508.01
171 $82,508.01 $290.16 $0.00 $466.51 $83,264.68
172 $83,264.68 $290.16 $0.00 $470.79 $84,025.63
173 $84,025.63 $290.16 $0.00 $475.09 $84,790.88
174 $84,790.88 $290.16 $0.00 $479.42 $85,560.46
175 $85,560.46 $290.16 $0.00 $483.77 $86,334.39
176 $86,334.39 $290.16 $0.00 $488.15 $87,112.70
177 $87,112.70 $290.16 $0.00 $492.55 $87,895.41
178 $87,895.41 $290.16 $0.00 $496.97 $88,682.54
179 $88,682.54 $290.16 $0.00 $501.42 $89,474.12
180 $89,474.12 $290.16 $0.00 $505.90 $90,270.18
181 $90,270.18 $290.16 $0.00 $510.40 $91,070.74
182 $91,070.74 $290.16 $0.00 $514.93 $91,875.83
183 $91,875.83 $290.16 $0.00 $519.48 $92,685.47
184 $92,685.47 $290.16 $0.00 $524.06 $93,499.69
185 $93,499.69 $290.16 $0.00 $528.66 $94,318.51
186 $94,318.51 $290.16 $0.00 $533.29 $95,141.96
187 $95,141.96 $290.16 $0.00 $537.95 $95,970.07
188 $95,970.07 $290.16 $0.00 $542.63 $96,802.86
189 $96,802.86 $290.16 $0.00 $547.34 $97,640.36
190 $97,640.36 $290.16 $0.00 $552.07 $98,482.59
191 $98,482.59 $290.16 $0.00 $556.83 $99,329.58
192 $99,329.58 $290.16 $0.00 $561.62 $100,181.36
193 $100,181.36 $290.16 $0.00 $566.44 $101,037.96
194 $101,037.96 $290.16 $0.00 $571.28 $101,899.40
195 $101,899.40 $290.16 $0.00 $576.15 $102,765.71
196 $102,765.71 $290.16 $0.00 $581.05 $103,636.92
197 $103,636.92 $290.16 $0.00 $585.98 $104,513.06
198 $104,513.06 $290.16 $0.00 $590.93 $105,394.15
199 $105,394.15 $290.16 $0.00 $595.91 $106,280.22
200 $106,280.22 $290.16 $0.00 $600.92 $107,171.30
201 $107,171.30 $290.16 $0.00 $605.96 $108,067.42
202 $108,067.42 $290.16 $0.00 $611.03 $108,968.61
203 $108,968.61 $290.16 $0.00 $616.12 $109,874.89
204 $109,874.89 $290.16 $0.00 $621.25 $110,786.30
205 $110,786.30 $290.16 $0.00 $626.40 $111,702.86
206 $111,702.86 $290.16 $0.00 $631.58 $112,624.60
207 $112,624.60 $290.16 $0.00 $636.80 $113,551.56
208 $113,551.56 $290.16 $0.00 $642.04 $114,483.76
209 $114,483.76 $290.16 $0.00 $647.31 $115,421.23
210 $115,421.23 $290.16 $0.00 $652.61 $116,364.00
211 $116,364.00 $290.16 $0.00 $657.94 $117,312.10
212 $117,312.10 $290.16 $0.00 $663.30 $118,265.56
213 $118,265.56 $290.16 $0.00 $668.69 $119,224.41
214 $119,224.41 $290.16 $0.00 $674.11 $120,188.68
215 $120,188.68 $290.16 $0.00 $679.56 $121,158.40
216 $121,158.40 $290.16 $0.00 $685.05 $122,133.61
217 $122,133.61 $290.16 $63,099.96 $690.56 $60,014.37
218 $60,014.37 $290.16 $0.00 $339.33 $60,643.86
219 $60,643.86 $290.16 $0.00 $342.89 $61,276.91
220 $61,276.91 $290.16 $0.00 $346.47 $61,913.54
221 $61,913.54 $290.16 $0.00 $350.07 $62,553.77
222 $62,553.77 $290.16 $0.00 $353.69 $63,197.62
223 $63,197.62 $290.16 $0.00 $357.33 $63,845.11
224 $63,845.11 $290.16 $0.00 $360.99 $64,496.26
225 $64,496.26 $290.16 $0.00 $364.67 $65,151.09
226 $65,151.09 $290.16 $0.00 $368.37 $65,809.62
227 $65,809.62 $290.16 $0.00 $372.10 $66,471.88
228 $66,471.88 $290.16 $0.00 $375.84 $67,137.88
229 $67,137.88 $0.00 $67,516.95 $379.61 $0.54