Savings Plan and Future Cost Estimation for Lewis & Clark College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$289,517
Monthly savings required$2,288

How much will it cost to send your child to Lewis & Clark College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,158,067.55 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,288.12 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$77,170.00
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 $2,288.12 $0.00 $0.00 $2,288.12
2 $2,288.12 $2,288.12 $0.00 $12.94 $4,589.18
3 $4,589.18 $2,288.12 $0.00 $25.95 $6,903.25
4 $6,903.25 $2,288.12 $0.00 $39.03 $9,230.40
5 $9,230.40 $2,288.12 $0.00 $52.19 $11,570.71
6 $11,570.71 $2,288.12 $0.00 $65.42 $13,924.25
7 $13,924.25 $2,288.12 $0.00 $78.73 $16,291.10
8 $16,291.10 $2,288.12 $0.00 $92.11 $18,671.33
9 $18,671.33 $2,288.12 $0.00 $105.57 $21,065.02
10 $21,065.02 $2,288.12 $0.00 $119.10 $23,472.24
11 $23,472.24 $2,288.12 $0.00 $132.72 $25,893.08
12 $25,893.08 $2,288.12 $0.00 $146.40 $28,327.60
13 $28,327.60 $2,288.12 $0.00 $160.17 $30,775.89
14 $30,775.89 $2,288.12 $0.00 $174.01 $33,238.02
15 $33,238.02 $2,288.12 $0.00 $187.93 $35,714.07
16 $35,714.07 $2,288.12 $0.00 $201.93 $38,204.12
17 $38,204.12 $2,288.12 $0.00 $216.01 $40,708.25
18 $40,708.25 $2,288.12 $0.00 $230.17 $43,226.54
19 $43,226.54 $2,288.12 $0.00 $244.41 $45,759.07
20 $45,759.07 $2,288.12 $0.00 $258.73 $48,305.92
21 $48,305.92 $2,288.12 $0.00 $273.13 $50,867.17
22 $50,867.17 $2,288.12 $0.00 $287.61 $53,442.90
23 $53,442.90 $2,288.12 $0.00 $302.17 $56,033.19
24 $56,033.19 $2,288.12 $0.00 $316.82 $58,638.13
25 $58,638.13 $2,288.12 $0.00 $331.55 $61,257.80
26 $61,257.80 $2,288.12 $0.00 $346.36 $63,892.28
27 $63,892.28 $2,288.12 $0.00 $361.26 $66,541.66
28 $66,541.66 $2,288.12 $0.00 $376.24 $69,206.02
29 $69,206.02 $2,288.12 $0.00 $391.30 $71,885.44
30 $71,885.44 $2,288.12 $0.00 $406.45 $74,580.01
31 $74,580.01 $2,288.12 $0.00 $421.69 $77,289.82
32 $77,289.82 $2,288.12 $0.00 $437.01 $80,014.95
33 $80,014.95 $2,288.12 $0.00 $452.42 $82,755.49
34 $82,755.49 $2,288.12 $0.00 $467.91 $85,511.52
35 $85,511.52 $2,288.12 $0.00 $483.49 $88,283.13
36 $88,283.13 $2,288.12 $0.00 $499.17 $91,070.42
37 $91,070.42 $2,288.12 $0.00 $514.93 $93,873.47
38 $93,873.47 $2,288.12 $0.00 $530.77 $96,692.36
39 $96,692.36 $2,288.12 $0.00 $546.71 $99,527.19
40 $99,527.19 $2,288.12 $0.00 $562.74 $102,378.05
41 $102,378.05 $2,288.12 $0.00 $578.86 $105,245.03
42 $105,245.03 $2,288.12 $0.00 $595.07 $108,128.22
43 $108,128.22 $2,288.12 $0.00 $611.37 $111,027.71
44 $111,027.71 $2,288.12 $0.00 $627.77 $113,943.60
45 $113,943.60 $2,288.12 $0.00 $644.25 $116,875.97
46 $116,875.97 $2,288.12 $0.00 $660.83 $119,824.92
47 $119,824.92 $2,288.12 $0.00 $677.51 $122,790.55
48 $122,790.55 $2,288.12 $0.00 $694.28 $125,772.95
49 $125,772.95 $2,288.12 $0.00 $711.14 $128,772.21
50 $128,772.21 $2,288.12 $0.00 $728.10 $131,788.43
51 $131,788.43 $2,288.12 $0.00 $745.15 $134,821.70
52 $134,821.70 $2,288.12 $0.00 $762.30 $137,872.12
53 $137,872.12 $2,288.12 $0.00 $779.55 $140,939.79
54 $140,939.79 $2,288.12 $0.00 $796.89 $144,024.80
55 $144,024.80 $2,288.12 $0.00 $814.34 $147,127.26
56 $147,127.26 $2,288.12 $0.00 $831.88 $150,247.26
57 $150,247.26 $2,288.12 $0.00 $849.52 $153,384.90
58 $153,384.90 $2,288.12 $0.00 $867.26 $156,540.28
59 $156,540.28 $2,288.12 $0.00 $885.10 $159,713.50
60 $159,713.50 $2,288.12 $0.00 $903.04 $162,904.66
61 $162,904.66 $2,288.12 $0.00 $921.09 $166,113.87
62 $166,113.87 $2,288.12 $0.00 $939.23 $169,341.22
63 $169,341.22 $2,288.12 $0.00 $957.48 $172,586.82
64 $172,586.82 $2,288.12 $0.00 $975.83 $175,850.77
65 $175,850.77 $2,288.12 $0.00 $994.29 $179,133.18
66 $179,133.18 $2,288.12 $0.00 $1,012.85 $182,434.15
67 $182,434.15 $2,288.12 $0.00 $1,031.51 $185,753.78
68 $185,753.78 $2,288.12 $0.00 $1,050.28 $189,092.18
69 $189,092.18 $2,288.12 $0.00 $1,069.15 $192,449.45
70 $192,449.45 $2,288.12 $0.00 $1,088.14 $195,825.71
71 $195,825.71 $2,288.12 $0.00 $1,107.23 $199,221.06
72 $199,221.06 $2,288.12 $0.00 $1,126.42 $202,635.60
73 $202,635.60 $2,288.12 $0.00 $1,145.73 $206,069.45
74 $206,069.45 $2,288.12 $0.00 $1,165.15 $209,522.72
75 $209,522.72 $2,288.12 $0.00 $1,184.67 $212,995.51
76 $212,995.51 $2,288.12 $0.00 $1,204.31 $216,487.94
77 $216,487.94 $2,288.12 $0.00 $1,224.05 $220,000.11
78 $220,000.11 $2,288.12 $0.00 $1,243.91 $223,532.14
79 $223,532.14 $2,288.12 $0.00 $1,263.88 $227,084.14
80 $227,084.14 $2,288.12 $0.00 $1,283.97 $230,656.23
81 $230,656.23 $2,288.12 $0.00 $1,304.16 $234,248.51
82 $234,248.51 $2,288.12 $0.00 $1,324.48 $237,861.11
83 $237,861.11 $2,288.12 $0.00 $1,344.90 $241,494.13
84 $241,494.13 $2,288.12 $0.00 $1,365.44 $245,147.69
85 $245,147.69 $2,288.12 $0.00 $1,386.10 $248,821.91
86 $248,821.91 $2,288.12 $0.00 $1,406.88 $252,516.91
87 $252,516.91 $2,288.12 $0.00 $1,427.77 $256,232.80
88 $256,232.80 $2,288.12 $0.00 $1,448.78 $259,969.70
89 $259,969.70 $2,288.12 $0.00 $1,469.91 $263,727.73
90 $263,727.73 $2,288.12 $0.00 $1,491.15 $267,507.00
91 $267,507.00 $2,288.12 $0.00 $1,512.52 $271,307.64
92 $271,307.64 $2,288.12 $0.00 $1,534.01 $275,129.77
93 $275,129.77 $2,288.12 $0.00 $1,555.62 $278,973.51
94 $278,973.51 $2,288.12 $0.00 $1,577.36 $282,838.99
95 $282,838.99 $2,288.12 $0.00 $1,599.21 $286,726.32
96 $286,726.32 $2,288.12 $0.00 $1,621.19 $290,635.63
97 $290,635.63 $2,288.12 $0.00 $1,643.30 $294,567.05
98 $294,567.05 $2,288.12 $0.00 $1,665.52 $298,520.69
99 $298,520.69 $2,288.12 $0.00 $1,687.88 $302,496.69
100 $302,496.69 $2,288.12 $0.00 $1,710.36 $306,495.17
101 $306,495.17 $2,288.12 $0.00 $1,732.97 $310,516.26
102 $310,516.26 $2,288.12 $0.00 $1,755.70 $314,560.08
103 $314,560.08 $2,288.12 $0.00 $1,778.57 $318,626.77
104 $318,626.77 $2,288.12 $0.00 $1,801.56 $322,716.45
105 $322,716.45 $2,288.12 $0.00 $1,824.69 $326,829.26
106 $326,829.26 $2,288.12 $0.00 $1,847.94 $330,965.32
107 $330,965.32 $2,288.12 $0.00 $1,871.33 $335,124.77
108 $335,124.77 $2,288.12 $0.00 $1,894.84 $339,307.73
109 $339,307.73 $2,288.12 $0.00 $1,918.50 $343,514.35
110 $343,514.35 $2,288.12 $0.00 $1,942.28 $347,744.75
111 $347,744.75 $2,288.12 $0.00 $1,966.20 $351,999.07
112 $351,999.07 $2,288.12 $0.00 $1,990.25 $356,277.44
113 $356,277.44 $2,288.12 $0.00 $2,014.44 $360,580.00
114 $360,580.00 $2,288.12 $0.00 $2,038.77 $364,906.89
115 $364,906.89 $2,288.12 $0.00 $2,063.24 $369,258.25
116 $369,258.25 $2,288.12 $0.00 $2,087.84 $373,634.21
117 $373,634.21 $2,288.12 $0.00 $2,112.58 $378,034.91
118 $378,034.91 $2,288.12 $0.00 $2,137.46 $382,460.49
119 $382,460.49 $2,288.12 $0.00 $2,162.49 $386,911.10
120 $386,911.10 $2,288.12 $0.00 $2,187.65 $391,386.87
121 $391,386.87 $2,288.12 $0.00 $2,212.96 $395,887.95
122 $395,887.95 $2,288.12 $0.00 $2,238.41 $400,414.48
123 $400,414.48 $2,288.12 $0.00 $2,264.00 $404,966.60
124 $404,966.60 $2,288.12 $0.00 $2,289.74 $409,544.46
125 $409,544.46 $2,288.12 $0.00 $2,315.62 $414,148.20
126 $414,148.20 $2,288.12 $0.00 $2,341.65 $418,777.97
127 $418,777.97 $2,288.12 $0.00 $2,367.83 $423,433.92
128 $423,433.92 $2,288.12 $0.00 $2,394.16 $428,116.20
129 $428,116.20 $2,288.12 $0.00 $2,420.63 $432,824.95
130 $432,824.95 $2,288.12 $0.00 $2,447.26 $437,560.33
131 $437,560.33 $2,288.12 $0.00 $2,474.03 $442,322.48
132 $442,322.48 $2,288.12 $0.00 $2,500.96 $447,111.56
133 $447,111.56 $2,288.12 $0.00 $2,528.03 $451,927.71
134 $451,927.71 $2,288.12 $0.00 $2,555.26 $456,771.09
135 $456,771.09 $2,288.12 $0.00 $2,582.65 $461,641.86
136 $461,641.86 $2,288.12 $0.00 $2,610.19 $466,540.17
137 $466,540.17 $2,288.12 $0.00 $2,637.89 $471,466.18
138 $471,466.18 $2,288.12 $0.00 $2,665.74 $476,420.04
139 $476,420.04 $2,288.12 $0.00 $2,693.75 $481,401.91
140 $481,401.91 $2,288.12 $0.00 $2,721.92 $486,411.95
141 $486,411.95 $2,288.12 $0.00 $2,750.24 $491,450.31
142 $491,450.31 $2,288.12 $0.00 $2,778.73 $496,517.16
143 $496,517.16 $2,288.12 $0.00 $2,807.38 $501,612.66
144 $501,612.66 $2,288.12 $0.00 $2,836.19 $506,736.97
145 $506,736.97 $2,288.12 $0.00 $2,865.16 $511,890.25
146 $511,890.25 $2,288.12 $0.00 $2,894.30 $517,072.67
147 $517,072.67 $2,288.12 $0.00 $2,923.60 $522,284.39
148 $522,284.39 $2,288.12 $0.00 $2,953.07 $527,525.58
149 $527,525.58 $2,288.12 $0.00 $2,982.71 $532,796.41
150 $532,796.41 $2,288.12 $0.00 $3,012.51 $538,097.04
151 $538,097.04 $2,288.12 $0.00 $3,042.48 $543,427.64
152 $543,427.64 $2,288.12 $0.00 $3,072.62 $548,788.38
153 $548,788.38 $2,288.12 $0.00 $3,102.93 $554,179.43
154 $554,179.43 $2,288.12 $0.00 $3,133.41 $559,600.96
155 $559,600.96 $2,288.12 $0.00 $3,164.07 $565,053.15
156 $565,053.15 $2,288.12 $0.00 $3,194.89 $570,536.16
157 $570,536.16 $2,288.12 $0.00 $3,225.89 $576,050.17
158 $576,050.17 $2,288.12 $0.00 $3,257.07 $581,595.36
159 $581,595.36 $2,288.12 $0.00 $3,288.42 $587,171.90
160 $587,171.90 $2,288.12 $0.00 $3,319.96 $592,779.98
161 $592,779.98 $2,288.12 $0.00 $3,351.66 $598,419.76
162 $598,419.76 $2,288.12 $0.00 $3,383.55 $604,091.43
163 $604,091.43 $2,288.12 $0.00 $3,415.62 $609,795.17
164 $609,795.17 $2,288.12 $0.00 $3,447.87 $615,531.16
165 $615,531.16 $2,288.12 $0.00 $3,480.30 $621,299.58
166 $621,299.58 $2,288.12 $0.00 $3,512.92 $627,100.62
167 $627,100.62 $2,288.12 $0.00 $3,545.72 $632,934.46
168 $632,934.46 $2,288.12 $0.00 $3,578.70 $638,801.28
169 $638,801.28 $2,288.12 $0.00 $3,611.88 $644,701.28
170 $644,701.28 $2,288.12 $0.00 $3,645.23 $650,634.63
171 $650,634.63 $2,288.12 $0.00 $3,678.78 $656,601.53
172 $656,601.53 $2,288.12 $0.00 $3,712.52 $662,602.17
173 $662,602.17 $2,288.12 $0.00 $3,746.45 $668,636.74
174 $668,636.74 $2,288.12 $0.00 $3,780.57 $674,705.43
175 $674,705.43 $2,288.12 $0.00 $3,814.88 $680,808.43
176 $680,808.43 $2,288.12 $0.00 $3,849.39 $686,945.94
177 $686,945.94 $2,288.12 $0.00 $3,884.09 $693,118.15
178 $693,118.15 $2,288.12 $0.00 $3,918.99 $699,325.26
179 $699,325.26 $2,288.12 $0.00 $3,954.09 $705,567.47
180 $705,567.47 $2,288.12 $0.00 $3,989.38 $711,844.97
181 $711,844.97 $2,288.12 $0.00 $4,024.87 $718,157.96
182 $718,157.96 $2,288.12 $0.00 $4,060.57 $724,506.65
183 $724,506.65 $2,288.12 $0.00 $4,096.47 $730,891.24
184 $730,891.24 $2,288.12 $0.00 $4,132.57 $737,311.93
185 $737,311.93 $2,288.12 $0.00 $4,168.87 $743,768.92
186 $743,768.92 $2,288.12 $0.00 $4,205.38 $750,262.42
187 $750,262.42 $2,288.12 $0.00 $4,242.09 $756,792.63
188 $756,792.63 $2,288.12 $0.00 $4,279.02 $763,359.77
189 $763,359.77 $2,288.12 $0.00 $4,316.15 $769,964.04
190 $769,964.04 $2,288.12 $0.00 $4,353.49 $776,605.65
191 $776,605.65 $2,288.12 $0.00 $4,391.04 $783,284.81
192 $783,284.81 $2,288.12 $0.00 $4,428.81 $790,001.74
193 $790,001.74 $2,288.12 $0.00 $4,466.78 $796,756.64
194 $796,756.64 $2,288.12 $0.00 $4,504.98 $803,549.74
195 $803,549.74 $2,288.12 $0.00 $4,543.39 $810,381.25
196 $810,381.25 $2,288.12 $0.00 $4,582.01 $817,251.38
197 $817,251.38 $2,288.12 $0.00 $4,620.86 $824,160.36
198 $824,160.36 $2,288.12 $0.00 $4,659.92 $831,108.40
199 $831,108.40 $2,288.12 $0.00 $4,699.21 $838,095.73
200 $838,095.73 $2,288.12 $0.00 $4,738.72 $845,122.57
201 $845,122.57 $2,288.12 $0.00 $4,778.45 $852,189.14
202 $852,189.14 $2,288.12 $0.00 $4,818.40 $859,295.66
203 $859,295.66 $2,288.12 $0.00 $4,858.58 $866,442.36
204 $866,442.36 $2,288.12 $0.00 $4,898.99 $873,629.47
205 $873,629.47 $2,288.12 $0.00 $4,939.63 $880,857.22
206 $880,857.22 $2,288.12 $0.00 $4,980.49 $888,125.83
207 $888,125.83 $2,288.12 $0.00 $5,021.59 $895,435.54
208 $895,435.54 $2,288.12 $0.00 $5,062.92 $902,786.58
209 $902,786.58 $2,288.12 $0.00 $5,104.49 $910,179.19
210 $910,179.19 $2,288.12 $0.00 $5,146.29 $917,613.60
211 $917,613.60 $2,288.12 $0.00 $5,188.32 $925,090.04
212 $925,090.04 $2,288.12 $0.00 $5,230.59 $932,608.75
213 $932,608.75 $2,288.12 $0.00 $5,273.11 $940,169.98
214 $940,169.98 $2,288.12 $0.00 $5,315.86 $947,773.96
215 $947,773.96 $2,288.12 $0.00 $5,358.85 $955,420.93
216 $955,420.93 $2,288.12 $0.00 $5,402.09 $963,111.14
217 $963,111.14 $2,288.12 $260,829.37 $5,445.57 $710,015.46
218 $710,015.46 $2,288.12 $0.00 $4,014.53 $716,318.11
219 $716,318.11 $2,288.12 $0.00 $4,050.17 $722,656.40
220 $722,656.40 $2,288.12 $0.00 $4,086.00 $729,030.52
221 $729,030.52 $2,288.12 $0.00 $4,122.04 $735,440.68
222 $735,440.68 $2,288.12 $0.00 $4,158.29 $741,887.09
223 $741,887.09 $2,288.12 $0.00 $4,194.74 $748,369.95
224 $748,369.95 $2,288.12 $0.00 $4,231.39 $754,889.46
225 $754,889.46 $2,288.12 $0.00 $4,268.25 $761,445.83
226 $761,445.83 $2,288.12 $0.00 $4,305.33 $768,039.28
227 $768,039.28 $2,288.12 $0.00 $4,342.61 $774,670.01
228 $774,670.01 $2,288.12 $0.00 $4,380.10 $781,338.23
229 $781,338.23 $2,288.12 $279,087.43 $4,417.80 $508,956.72
230 $508,956.72 $2,288.12 $0.00 $2,877.72 $514,122.56
231 $514,122.56 $2,288.12 $0.00 $2,906.92 $519,317.60
232 $519,317.60 $2,288.12 $0.00 $2,936.30 $524,542.02
233 $524,542.02 $2,288.12 $0.00 $2,965.84 $529,795.98
234 $529,795.98 $2,288.12 $0.00 $2,995.54 $535,079.64
235 $535,079.64 $2,288.12 $0.00 $3,025.42 $540,393.18
236 $540,393.18 $2,288.12 $0.00 $3,055.46 $545,736.76
237 $545,736.76 $2,288.12 $0.00 $3,085.67 $551,110.55
238 $551,110.55 $2,288.12 $0.00 $3,116.06 $556,514.73
239 $556,514.73 $2,288.12 $0.00 $3,146.62 $561,949.47
240 $561,949.47 $2,288.12 $0.00 $3,177.34 $567,414.93
241 $567,414.93 $2,288.12 $298,623.55 $3,208.25 $274,287.75
242 $274,287.75 $2,288.12 $0.00 $1,550.86 $278,126.73
243 $278,126.73 $2,288.12 $0.00 $1,572.57 $281,987.42
244 $281,987.42 $2,288.12 $0.00 $1,594.40 $285,869.94
245 $285,869.94 $2,288.12 $0.00 $1,616.35 $289,774.41
246 $289,774.41 $2,288.12 $0.00 $1,638.43 $293,700.96
247 $293,700.96 $2,288.12 $0.00 $1,660.63 $297,649.71
248 $297,649.71 $2,288.12 $0.00 $1,682.95 $301,620.78
249 $301,620.78 $2,288.12 $0.00 $1,705.41 $305,614.31
250 $305,614.31 $2,288.12 $0.00 $1,727.99 $309,630.42
251 $309,630.42 $2,288.12 $0.00 $1,750.70 $313,669.24
252 $313,669.24 $2,288.12 $0.00 $1,773.53 $317,730.89
253 $317,730.89 $0.00 $319,527.20 $1,796.50 $0.19