Savings Plan and Future Cost Estimation for Case Western Reserve University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$307,652
Monthly savings required$2,431

How much will it cost to send your child to Case Western Reserve University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,230,609.97 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,431.44 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$82,004.00
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 $2,431.44 $0.00 $0.00 $2,431.44
2 $2,431.44 $2,431.44 $0.00 $13.75 $4,876.63
3 $4,876.63 $2,431.44 $0.00 $27.57 $7,335.64
4 $7,335.64 $2,431.44 $0.00 $41.48 $9,808.56
5 $9,808.56 $2,431.44 $0.00 $55.46 $12,295.46
6 $12,295.46 $2,431.44 $0.00 $69.52 $14,796.42
7 $14,796.42 $2,431.44 $0.00 $83.66 $17,311.52
8 $17,311.52 $2,431.44 $0.00 $97.88 $19,840.84
9 $19,840.84 $2,431.44 $0.00 $112.18 $22,384.46
10 $22,384.46 $2,431.44 $0.00 $126.56 $24,942.46
11 $24,942.46 $2,431.44 $0.00 $141.03 $27,514.93
12 $27,514.93 $2,431.44 $0.00 $155.57 $30,101.94
13 $30,101.94 $2,431.44 $0.00 $170.20 $32,703.58
14 $32,703.58 $2,431.44 $0.00 $184.91 $35,319.93
15 $35,319.93 $2,431.44 $0.00 $199.70 $37,951.07
16 $37,951.07 $2,431.44 $0.00 $214.58 $40,597.09
17 $40,597.09 $2,431.44 $0.00 $229.54 $43,258.07
18 $43,258.07 $2,431.44 $0.00 $244.59 $45,934.10
19 $45,934.10 $2,431.44 $0.00 $259.72 $48,625.26
20 $48,625.26 $2,431.44 $0.00 $274.93 $51,331.63
21 $51,331.63 $2,431.44 $0.00 $290.24 $54,053.31
22 $54,053.31 $2,431.44 $0.00 $305.63 $56,790.38
23 $56,790.38 $2,431.44 $0.00 $321.10 $59,542.92
24 $59,542.92 $2,431.44 $0.00 $336.66 $62,311.02
25 $62,311.02 $2,431.44 $0.00 $352.32 $65,094.78
26 $65,094.78 $2,431.44 $0.00 $368.06 $67,894.28
27 $67,894.28 $2,431.44 $0.00 $383.88 $70,709.60
28 $70,709.60 $2,431.44 $0.00 $399.80 $73,540.84
29 $73,540.84 $2,431.44 $0.00 $415.81 $76,388.09
30 $76,388.09 $2,431.44 $0.00 $431.91 $79,251.44
31 $79,251.44 $2,431.44 $0.00 $448.10 $82,130.98
32 $82,130.98 $2,431.44 $0.00 $464.38 $85,026.80
33 $85,026.80 $2,431.44 $0.00 $480.75 $87,938.99
34 $87,938.99 $2,431.44 $0.00 $497.22 $90,867.65
35 $90,867.65 $2,431.44 $0.00 $513.78 $93,812.87
36 $93,812.87 $2,431.44 $0.00 $530.43 $96,774.74
37 $96,774.74 $2,431.44 $0.00 $547.18 $99,753.36
38 $99,753.36 $2,431.44 $0.00 $564.02 $102,748.82
39 $102,748.82 $2,431.44 $0.00 $580.96 $105,761.22
40 $105,761.22 $2,431.44 $0.00 $597.99 $108,790.65
41 $108,790.65 $2,431.44 $0.00 $615.12 $111,837.21
42 $111,837.21 $2,431.44 $0.00 $632.34 $114,900.99
43 $114,900.99 $2,431.44 $0.00 $649.67 $117,982.10
44 $117,982.10 $2,431.44 $0.00 $667.09 $121,080.63
45 $121,080.63 $2,431.44 $0.00 $684.61 $124,196.68
46 $124,196.68 $2,431.44 $0.00 $702.23 $127,330.35
47 $127,330.35 $2,431.44 $0.00 $719.94 $130,481.73
48 $130,481.73 $2,431.44 $0.00 $737.76 $133,650.93
49 $133,650.93 $2,431.44 $0.00 $755.68 $136,838.05
50 $136,838.05 $2,431.44 $0.00 $773.70 $140,043.19
51 $140,043.19 $2,431.44 $0.00 $791.82 $143,266.45
52 $143,266.45 $2,431.44 $0.00 $810.05 $146,507.94
53 $146,507.94 $2,431.44 $0.00 $828.38 $149,767.76
54 $149,767.76 $2,431.44 $0.00 $846.81 $153,046.01
55 $153,046.01 $2,431.44 $0.00 $865.34 $156,342.79
56 $156,342.79 $2,431.44 $0.00 $883.98 $159,658.21
57 $159,658.21 $2,431.44 $0.00 $902.73 $162,992.38
58 $162,992.38 $2,431.44 $0.00 $921.58 $166,345.40
59 $166,345.40 $2,431.44 $0.00 $940.54 $169,717.38
60 $169,717.38 $2,431.44 $0.00 $959.61 $173,108.43
61 $173,108.43 $2,431.44 $0.00 $978.78 $176,518.65
62 $176,518.65 $2,431.44 $0.00 $998.06 $179,948.15
63 $179,948.15 $2,431.44 $0.00 $1,017.45 $183,397.04
64 $183,397.04 $2,431.44 $0.00 $1,036.95 $186,865.43
65 $186,865.43 $2,431.44 $0.00 $1,056.56 $190,353.43
66 $190,353.43 $2,431.44 $0.00 $1,076.29 $193,861.16
67 $193,861.16 $2,431.44 $0.00 $1,096.12 $197,388.72
68 $197,388.72 $2,431.44 $0.00 $1,116.06 $200,936.22
69 $200,936.22 $2,431.44 $0.00 $1,136.12 $204,503.78
70 $204,503.78 $2,431.44 $0.00 $1,156.29 $208,091.51
71 $208,091.51 $2,431.44 $0.00 $1,176.58 $211,699.53
72 $211,699.53 $2,431.44 $0.00 $1,196.98 $215,327.95
73 $215,327.95 $2,431.44 $0.00 $1,217.50 $218,976.89
74 $218,976.89 $2,431.44 $0.00 $1,238.13 $222,646.46
75 $222,646.46 $2,431.44 $0.00 $1,258.88 $226,336.78
76 $226,336.78 $2,431.44 $0.00 $1,279.74 $230,047.96
77 $230,047.96 $2,431.44 $0.00 $1,300.72 $233,780.12
78 $233,780.12 $2,431.44 $0.00 $1,321.83 $237,533.39
79 $237,533.39 $2,431.44 $0.00 $1,343.05 $241,307.88
80 $241,307.88 $2,431.44 $0.00 $1,364.39 $245,103.71
81 $245,103.71 $2,431.44 $0.00 $1,385.85 $248,921.00
82 $248,921.00 $2,431.44 $0.00 $1,407.44 $252,759.88
83 $252,759.88 $2,431.44 $0.00 $1,429.14 $256,620.46
84 $256,620.46 $2,431.44 $0.00 $1,450.97 $260,502.87
85 $260,502.87 $2,431.44 $0.00 $1,472.92 $264,407.23
86 $264,407.23 $2,431.44 $0.00 $1,495.00 $268,333.67
87 $268,333.67 $2,431.44 $0.00 $1,517.20 $272,282.31
88 $272,282.31 $2,431.44 $0.00 $1,539.52 $276,253.27
89 $276,253.27 $2,431.44 $0.00 $1,561.98 $280,246.69
90 $280,246.69 $2,431.44 $0.00 $1,584.56 $284,262.69
91 $284,262.69 $2,431.44 $0.00 $1,607.26 $288,301.39
92 $288,301.39 $2,431.44 $0.00 $1,630.10 $292,362.93
93 $292,362.93 $2,431.44 $0.00 $1,653.06 $296,447.43
94 $296,447.43 $2,431.44 $0.00 $1,676.16 $300,555.03
95 $300,555.03 $2,431.44 $0.00 $1,699.38 $304,685.85
96 $304,685.85 $2,431.44 $0.00 $1,722.74 $308,840.03
97 $308,840.03 $2,431.44 $0.00 $1,746.23 $313,017.70
98 $313,017.70 $2,431.44 $0.00 $1,769.85 $317,218.99
99 $317,218.99 $2,431.44 $0.00 $1,793.60 $321,444.03
100 $321,444.03 $2,431.44 $0.00 $1,817.49 $325,692.96
101 $325,692.96 $2,431.44 $0.00 $1,841.52 $329,965.92
102 $329,965.92 $2,431.44 $0.00 $1,865.68 $334,263.04
103 $334,263.04 $2,431.44 $0.00 $1,889.97 $338,584.45
104 $338,584.45 $2,431.44 $0.00 $1,914.41 $342,930.30
105 $342,930.30 $2,431.44 $0.00 $1,938.98 $347,300.72
106 $347,300.72 $2,431.44 $0.00 $1,963.69 $351,695.85
107 $351,695.85 $2,431.44 $0.00 $1,988.54 $356,115.83
108 $356,115.83 $2,431.44 $0.00 $2,013.53 $360,560.80
109 $360,560.80 $2,431.44 $0.00 $2,038.66 $365,030.90
110 $365,030.90 $2,431.44 $0.00 $2,063.94 $369,526.28
111 $369,526.28 $2,431.44 $0.00 $2,089.36 $374,047.08
112 $374,047.08 $2,431.44 $0.00 $2,114.92 $378,593.44
113 $378,593.44 $2,431.44 $0.00 $2,140.62 $383,165.50
114 $383,165.50 $2,431.44 $0.00 $2,166.47 $387,763.41
115 $387,763.41 $2,431.44 $0.00 $2,192.47 $392,387.32
116 $392,387.32 $2,431.44 $0.00 $2,218.61 $397,037.37
117 $397,037.37 $2,431.44 $0.00 $2,244.91 $401,713.72
118 $401,713.72 $2,431.44 $0.00 $2,271.35 $406,416.51
119 $406,416.51 $2,431.44 $0.00 $2,297.94 $411,145.89
120 $411,145.89 $2,431.44 $0.00 $2,324.68 $415,902.01
121 $415,902.01 $2,431.44 $0.00 $2,351.57 $420,685.02
122 $420,685.02 $2,431.44 $0.00 $2,378.61 $425,495.07
123 $425,495.07 $2,431.44 $0.00 $2,405.81 $430,332.32
124 $430,332.32 $2,431.44 $0.00 $2,433.16 $435,196.92
125 $435,196.92 $2,431.44 $0.00 $2,460.67 $440,089.03
126 $440,089.03 $2,431.44 $0.00 $2,488.33 $445,008.80
127 $445,008.80 $2,431.44 $0.00 $2,516.14 $449,956.38
128 $449,956.38 $2,431.44 $0.00 $2,544.12 $454,931.94
129 $454,931.94 $2,431.44 $0.00 $2,572.25 $459,935.63
130 $459,935.63 $2,431.44 $0.00 $2,600.54 $464,967.61
131 $464,967.61 $2,431.44 $0.00 $2,628.99 $470,028.04
132 $470,028.04 $2,431.44 $0.00 $2,657.61 $475,117.09
133 $475,117.09 $2,431.44 $0.00 $2,686.38 $480,234.91
134 $480,234.91 $2,431.44 $0.00 $2,715.32 $485,381.67
135 $485,381.67 $2,431.44 $0.00 $2,744.42 $490,557.53
136 $490,557.53 $2,431.44 $0.00 $2,773.68 $495,762.65
137 $495,762.65 $2,431.44 $0.00 $2,803.11 $500,997.20
138 $500,997.20 $2,431.44 $0.00 $2,832.71 $506,261.35
139 $506,261.35 $2,431.44 $0.00 $2,862.48 $511,555.27
140 $511,555.27 $2,431.44 $0.00 $2,892.41 $516,879.12
141 $516,879.12 $2,431.44 $0.00 $2,922.51 $522,233.07
142 $522,233.07 $2,431.44 $0.00 $2,952.78 $527,617.29
143 $527,617.29 $2,431.44 $0.00 $2,983.22 $533,031.95
144 $533,031.95 $2,431.44 $0.00 $3,013.84 $538,477.23
145 $538,477.23 $2,431.44 $0.00 $3,044.63 $543,953.30
146 $543,953.30 $2,431.44 $0.00 $3,075.59 $549,460.33
147 $549,460.33 $2,431.44 $0.00 $3,106.73 $554,998.50
148 $554,998.50 $2,431.44 $0.00 $3,138.04 $560,567.98
149 $560,567.98 $2,431.44 $0.00 $3,169.53 $566,168.95
150 $566,168.95 $2,431.44 $0.00 $3,201.20 $571,801.59
151 $571,801.59 $2,431.44 $0.00 $3,233.05 $577,466.08
152 $577,466.08 $2,431.44 $0.00 $3,265.08 $583,162.60
153 $583,162.60 $2,431.44 $0.00 $3,297.29 $588,891.33
154 $588,891.33 $2,431.44 $0.00 $3,329.68 $594,652.45
155 $594,652.45 $2,431.44 $0.00 $3,362.25 $600,446.14
156 $600,446.14 $2,431.44 $0.00 $3,395.01 $606,272.59
157 $606,272.59 $2,431.44 $0.00 $3,427.95 $612,131.98
158 $612,131.98 $2,431.44 $0.00 $3,461.08 $618,024.50
159 $618,024.50 $2,431.44 $0.00 $3,494.40 $623,950.34
160 $623,950.34 $2,431.44 $0.00 $3,527.91 $629,909.69
161 $629,909.69 $2,431.44 $0.00 $3,561.60 $635,902.73
162 $635,902.73 $2,431.44 $0.00 $3,595.49 $641,929.66
163 $641,929.66 $2,431.44 $0.00 $3,629.56 $647,990.66
164 $647,990.66 $2,431.44 $0.00 $3,663.83 $654,085.93
165 $654,085.93 $2,431.44 $0.00 $3,698.30 $660,215.67
166 $660,215.67 $2,431.44 $0.00 $3,732.96 $666,380.07
167 $666,380.07 $2,431.44 $0.00 $3,767.81 $672,579.32
168 $672,579.32 $2,431.44 $0.00 $3,802.86 $678,813.62
169 $678,813.62 $2,431.44 $0.00 $3,838.11 $685,083.17
170 $685,083.17 $2,431.44 $0.00 $3,873.56 $691,388.17
171 $691,388.17 $2,431.44 $0.00 $3,909.21 $697,728.82
172 $697,728.82 $2,431.44 $0.00 $3,945.06 $704,105.32
173 $704,105.32 $2,431.44 $0.00 $3,981.11 $710,517.87
174 $710,517.87 $2,431.44 $0.00 $4,017.37 $716,966.68
175 $716,966.68 $2,431.44 $0.00 $4,053.83 $723,451.95
176 $723,451.95 $2,431.44 $0.00 $4,090.50 $729,973.89
177 $729,973.89 $2,431.44 $0.00 $4,127.38 $736,532.71
178 $736,532.71 $2,431.44 $0.00 $4,164.46 $743,128.61
179 $743,128.61 $2,431.44 $0.00 $4,201.76 $749,761.81
180 $749,761.81 $2,431.44 $0.00 $4,239.26 $756,432.51
181 $756,432.51 $2,431.44 $0.00 $4,276.98 $763,140.93
182 $763,140.93 $2,431.44 $0.00 $4,314.91 $769,887.28
183 $769,887.28 $2,431.44 $0.00 $4,353.05 $776,671.77
184 $776,671.77 $2,431.44 $0.00 $4,391.42 $783,494.63
185 $783,494.63 $2,431.44 $0.00 $4,429.99 $790,356.06
186 $790,356.06 $2,431.44 $0.00 $4,468.79 $797,256.29
187 $797,256.29 $2,431.44 $0.00 $4,507.80 $804,195.53
188 $804,195.53 $2,431.44 $0.00 $4,547.04 $811,174.01
189 $811,174.01 $2,431.44 $0.00 $4,586.50 $818,191.95
190 $818,191.95 $2,431.44 $0.00 $4,626.18 $825,249.57
191 $825,249.57 $2,431.44 $0.00 $4,666.08 $832,347.09
192 $832,347.09 $2,431.44 $0.00 $4,706.21 $839,484.74
193 $839,484.74 $2,431.44 $0.00 $4,746.57 $846,662.75
194 $846,662.75 $2,431.44 $0.00 $4,787.15 $853,881.34
195 $853,881.34 $2,431.44 $0.00 $4,827.97 $861,140.75
196 $861,140.75 $2,431.44 $0.00 $4,869.01 $868,441.20
197 $868,441.20 $2,431.44 $0.00 $4,910.29 $875,782.93
198 $875,782.93 $2,431.44 $0.00 $4,951.80 $883,166.17
199 $883,166.17 $2,431.44 $0.00 $4,993.55 $890,591.16
200 $890,591.16 $2,431.44 $0.00 $5,035.53 $898,058.13
201 $898,058.13 $2,431.44 $0.00 $5,077.75 $905,567.32
202 $905,567.32 $2,431.44 $0.00 $5,120.21 $913,118.97
203 $913,118.97 $2,431.44 $0.00 $5,162.91 $920,713.32
204 $920,713.32 $2,431.44 $0.00 $5,205.85 $928,350.61
205 $928,350.61 $2,431.44 $0.00 $5,249.03 $936,031.08
206 $936,031.08 $2,431.44 $0.00 $5,292.46 $943,754.98
207 $943,754.98 $2,431.44 $0.00 $5,336.13 $951,522.55
208 $951,522.55 $2,431.44 $0.00 $5,380.05 $959,334.04
209 $959,334.04 $2,431.44 $0.00 $5,424.21 $967,189.69
210 $967,189.69 $2,431.44 $0.00 $5,468.63 $975,089.76
211 $975,089.76 $2,431.44 $0.00 $5,513.30 $983,034.50
212 $983,034.50 $2,431.44 $0.00 $5,558.22 $991,024.16
213 $991,024.16 $2,431.44 $0.00 $5,603.39 $999,058.99
214 $999,058.99 $2,431.44 $0.00 $5,648.82 $1,007,139.25
215 $1,007,139.25 $2,431.44 $0.00 $5,694.51 $1,015,265.20
216 $1,015,265.20 $2,431.44 $0.00 $5,740.46 $1,023,437.10
217 $1,023,437.10 $2,431.44 $277,167.97 $5,786.66 $754,487.23
218 $754,487.23 $2,431.44 $0.00 $4,265.98 $761,184.65
219 $761,184.65 $2,431.44 $0.00 $4,303.85 $767,919.94
220 $767,919.94 $2,431.44 $0.00 $4,341.93 $774,693.31
221 $774,693.31 $2,431.44 $0.00 $4,380.23 $781,504.98
222 $781,504.98 $2,431.44 $0.00 $4,418.74 $788,355.16
223 $788,355.16 $2,431.44 $0.00 $4,457.47 $795,244.07
224 $795,244.07 $2,431.44 $0.00 $4,496.43 $802,171.94
225 $802,171.94 $2,431.44 $0.00 $4,535.60 $809,138.98
226 $809,138.98 $2,431.44 $0.00 $4,574.99 $816,145.41
227 $816,145.41 $2,431.44 $0.00 $4,614.60 $823,191.45
228 $823,191.45 $2,431.44 $0.00 $4,654.44 $830,277.33
229 $830,277.33 $2,431.44 $296,569.72 $4,694.51 $540,833.56
230 $540,833.56 $2,431.44 $0.00 $3,057.95 $546,322.95
231 $546,322.95 $2,431.44 $0.00 $3,088.99 $551,843.38
232 $551,843.38 $2,431.44 $0.00 $3,120.20 $557,395.02
233 $557,395.02 $2,431.44 $0.00 $3,151.59 $562,978.05
234 $562,978.05 $2,431.44 $0.00 $3,183.16 $568,592.65
235 $568,592.65 $2,431.44 $0.00 $3,214.91 $574,239.00
236 $574,239.00 $2,431.44 $0.00 $3,246.83 $579,917.27
237 $579,917.27 $2,431.44 $0.00 $3,278.94 $585,627.65
238 $585,627.65 $2,431.44 $0.00 $3,311.22 $591,370.31
239 $591,370.31 $2,431.44 $0.00 $3,343.69 $597,145.44
240 $597,145.44 $2,431.44 $0.00 $3,376.35 $602,953.23
241 $602,953.23 $2,431.44 $317,329.60 $3,409.19 $291,464.26
242 $291,464.26 $2,431.44 $0.00 $1,647.98 $295,543.68
243 $295,543.68 $2,431.44 $0.00 $1,671.05 $299,646.17
244 $299,646.17 $2,431.44 $0.00 $1,694.24 $303,771.85
245 $303,771.85 $2,431.44 $0.00 $1,717.57 $307,920.86
246 $307,920.86 $2,431.44 $0.00 $1,741.03 $312,093.33
247 $312,093.33 $2,431.44 $0.00 $1,764.62 $316,289.39
248 $316,289.39 $2,431.44 $0.00 $1,788.35 $320,509.18
249 $320,509.18 $2,431.44 $0.00 $1,812.21 $324,752.83
250 $324,752.83 $2,431.44 $0.00 $1,836.20 $329,020.47
251 $329,020.47 $2,431.44 $0.00 $1,860.33 $333,312.24
252 $333,312.24 $2,431.44 $0.00 $1,884.60 $337,628.28
253 $337,628.28 $0.00 $339,542.68 $1,909.00 -$5.40