Savings Plan and Future Cost Estimation for Bryn Mawr College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$297,808
Monthly savings required$2,354

How much will it cost to send your child to Bryn Mawr College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,191,232.37 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,353.65 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$79,380.00
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 $2,353.65 $0.00 $0.00 $2,353.65
2 $2,353.65 $2,353.65 $0.00 $13.31 $4,720.61
3 $4,720.61 $2,353.65 $0.00 $26.69 $7,100.95
4 $7,100.95 $2,353.65 $0.00 $40.15 $9,494.75
5 $9,494.75 $2,353.65 $0.00 $53.68 $11,902.08
6 $11,902.08 $2,353.65 $0.00 $67.30 $14,323.03
7 $14,323.03 $2,353.65 $0.00 $80.98 $16,757.66
8 $16,757.66 $2,353.65 $0.00 $94.75 $19,206.06
9 $19,206.06 $2,353.65 $0.00 $108.59 $21,668.30
10 $21,668.30 $2,353.65 $0.00 $122.52 $24,144.47
11 $24,144.47 $2,353.65 $0.00 $136.52 $26,634.64
12 $26,634.64 $2,353.65 $0.00 $150.60 $29,138.89
13 $29,138.89 $2,353.65 $0.00 $164.76 $31,657.30
14 $31,657.30 $2,353.65 $0.00 $178.99 $34,189.94
15 $34,189.94 $2,353.65 $0.00 $193.31 $36,736.90
16 $36,736.90 $2,353.65 $0.00 $207.72 $39,298.27
17 $39,298.27 $2,353.65 $0.00 $222.20 $41,874.12
18 $41,874.12 $2,353.65 $0.00 $236.76 $44,464.53
19 $44,464.53 $2,353.65 $0.00 $251.41 $47,069.59
20 $47,069.59 $2,353.65 $0.00 $266.14 $49,689.38
21 $49,689.38 $2,353.65 $0.00 $280.95 $52,323.98
22 $52,323.98 $2,353.65 $0.00 $295.85 $54,973.48
23 $54,973.48 $2,353.65 $0.00 $310.83 $57,637.96
24 $57,637.96 $2,353.65 $0.00 $325.89 $60,317.50
25 $60,317.50 $2,353.65 $0.00 $341.04 $63,012.19
26 $63,012.19 $2,353.65 $0.00 $356.28 $65,722.12
27 $65,722.12 $2,353.65 $0.00 $371.60 $68,447.37
28 $68,447.37 $2,353.65 $0.00 $387.01 $71,188.03
29 $71,188.03 $2,353.65 $0.00 $402.51 $73,944.19
30 $73,944.19 $2,353.65 $0.00 $418.09 $76,715.93
31 $76,715.93 $2,353.65 $0.00 $433.76 $79,503.34
32 $79,503.34 $2,353.65 $0.00 $449.52 $82,306.51
33 $82,306.51 $2,353.65 $0.00 $465.37 $85,125.53
34 $85,125.53 $2,353.65 $0.00 $481.31 $87,960.49
35 $87,960.49 $2,353.65 $0.00 $497.34 $90,811.48
36 $90,811.48 $2,353.65 $0.00 $513.46 $93,678.59
37 $93,678.59 $2,353.65 $0.00 $529.67 $96,561.91
38 $96,561.91 $2,353.65 $0.00 $545.98 $99,461.54
39 $99,461.54 $2,353.65 $0.00 $562.37 $102,377.56
40 $102,377.56 $2,353.65 $0.00 $578.86 $105,310.07
41 $105,310.07 $2,353.65 $0.00 $595.44 $108,259.16
42 $108,259.16 $2,353.65 $0.00 $612.11 $111,224.92
43 $111,224.92 $2,353.65 $0.00 $628.88 $114,207.45
44 $114,207.45 $2,353.65 $0.00 $645.75 $117,206.85
45 $117,206.85 $2,353.65 $0.00 $662.70 $120,223.20
46 $120,223.20 $2,353.65 $0.00 $679.76 $123,256.61
47 $123,256.61 $2,353.65 $0.00 $696.91 $126,307.17
48 $126,307.17 $2,353.65 $0.00 $714.16 $129,374.98
49 $129,374.98 $2,353.65 $0.00 $731.50 $132,460.13
50 $132,460.13 $2,353.65 $0.00 $748.95 $135,562.73
51 $135,562.73 $2,353.65 $0.00 $766.49 $138,682.87
52 $138,682.87 $2,353.65 $0.00 $784.13 $141,820.65
53 $141,820.65 $2,353.65 $0.00 $801.87 $144,976.17
54 $144,976.17 $2,353.65 $0.00 $819.72 $148,149.54
55 $148,149.54 $2,353.65 $0.00 $837.66 $151,340.85
56 $151,340.85 $2,353.65 $0.00 $855.70 $154,550.20
57 $154,550.20 $2,353.65 $0.00 $873.85 $157,777.70
58 $157,777.70 $2,353.65 $0.00 $892.10 $161,023.45
59 $161,023.45 $2,353.65 $0.00 $910.45 $164,287.55
60 $164,287.55 $2,353.65 $0.00 $928.91 $167,570.11
61 $167,570.11 $2,353.65 $0.00 $947.47 $170,871.23
62 $170,871.23 $2,353.65 $0.00 $966.13 $174,191.01
63 $174,191.01 $2,353.65 $0.00 $984.90 $177,529.56
64 $177,529.56 $2,353.65 $0.00 $1,003.78 $180,886.99
65 $180,886.99 $2,353.65 $0.00 $1,022.76 $184,263.40
66 $184,263.40 $2,353.65 $0.00 $1,041.85 $187,658.90
67 $187,658.90 $2,353.65 $0.00 $1,061.05 $191,073.60
68 $191,073.60 $2,353.65 $0.00 $1,080.36 $194,507.61
69 $194,507.61 $2,353.65 $0.00 $1,099.77 $197,961.03
70 $197,961.03 $2,353.65 $0.00 $1,119.30 $201,433.98
71 $201,433.98 $2,353.65 $0.00 $1,138.94 $204,926.57
72 $204,926.57 $2,353.65 $0.00 $1,158.68 $208,438.90
73 $208,438.90 $2,353.65 $0.00 $1,178.54 $211,971.09
74 $211,971.09 $2,353.65 $0.00 $1,198.52 $215,523.26
75 $215,523.26 $2,353.65 $0.00 $1,218.60 $219,095.51
76 $219,095.51 $2,353.65 $0.00 $1,238.80 $222,687.96
77 $222,687.96 $2,353.65 $0.00 $1,259.11 $226,300.72
78 $226,300.72 $2,353.65 $0.00 $1,279.54 $229,933.91
79 $229,933.91 $2,353.65 $0.00 $1,300.08 $233,587.64
80 $233,587.64 $2,353.65 $0.00 $1,320.74 $237,262.03
81 $237,262.03 $2,353.65 $0.00 $1,341.51 $240,957.19
82 $240,957.19 $2,353.65 $0.00 $1,362.41 $244,673.25
83 $244,673.25 $2,353.65 $0.00 $1,383.42 $248,410.32
84 $248,410.32 $2,353.65 $0.00 $1,404.55 $252,168.52
85 $252,168.52 $2,353.65 $0.00 $1,425.80 $255,947.97
86 $255,947.97 $2,353.65 $0.00 $1,447.17 $259,748.79
87 $259,748.79 $2,353.65 $0.00 $1,468.66 $263,571.10
88 $263,571.10 $2,353.65 $0.00 $1,490.27 $267,415.02
89 $267,415.02 $2,353.65 $0.00 $1,512.00 $271,280.67
90 $271,280.67 $2,353.65 $0.00 $1,533.86 $275,168.18
91 $275,168.18 $2,353.65 $0.00 $1,555.84 $279,077.67
92 $279,077.67 $2,353.65 $0.00 $1,577.95 $283,009.27
93 $283,009.27 $2,353.65 $0.00 $1,600.18 $286,963.10
94 $286,963.10 $2,353.65 $0.00 $1,622.53 $290,939.28
95 $290,939.28 $2,353.65 $0.00 $1,645.01 $294,937.94
96 $294,937.94 $2,353.65 $0.00 $1,667.62 $298,959.21
97 $298,959.21 $2,353.65 $0.00 $1,690.36 $303,003.22
98 $303,003.22 $2,353.65 $0.00 $1,713.22 $307,070.09
99 $307,070.09 $2,353.65 $0.00 $1,736.22 $311,159.96
100 $311,159.96 $2,353.65 $0.00 $1,759.34 $315,272.95
101 $315,272.95 $2,353.65 $0.00 $1,782.60 $319,409.20
102 $319,409.20 $2,353.65 $0.00 $1,805.99 $323,568.84
103 $323,568.84 $2,353.65 $0.00 $1,829.51 $327,752.00
104 $327,752.00 $2,353.65 $0.00 $1,853.16 $331,958.81
105 $331,958.81 $2,353.65 $0.00 $1,876.94 $336,189.40
106 $336,189.40 $2,353.65 $0.00 $1,900.86 $340,443.91
107 $340,443.91 $2,353.65 $0.00 $1,924.92 $344,722.48
108 $344,722.48 $2,353.65 $0.00 $1,949.11 $349,025.24
109 $349,025.24 $2,353.65 $0.00 $1,973.44 $353,352.33
110 $353,352.33 $2,353.65 $0.00 $1,997.91 $357,703.89
111 $357,703.89 $2,353.65 $0.00 $2,022.51 $362,080.05
112 $362,080.05 $2,353.65 $0.00 $2,047.25 $366,480.95
113 $366,480.95 $2,353.65 $0.00 $2,072.14 $370,906.74
114 $370,906.74 $2,353.65 $0.00 $2,097.16 $375,357.55
115 $375,357.55 $2,353.65 $0.00 $2,122.33 $379,833.53
116 $379,833.53 $2,353.65 $0.00 $2,147.63 $384,334.81
117 $384,334.81 $2,353.65 $0.00 $2,173.08 $388,861.54
118 $388,861.54 $2,353.65 $0.00 $2,198.68 $393,413.87
119 $393,413.87 $2,353.65 $0.00 $2,224.42 $397,991.94
120 $397,991.94 $2,353.65 $0.00 $2,250.30 $402,595.89
121 $402,595.89 $2,353.65 $0.00 $2,276.34 $407,225.88
122 $407,225.88 $2,353.65 $0.00 $2,302.51 $411,882.04
123 $411,882.04 $2,353.65 $0.00 $2,328.84 $416,564.53
124 $416,564.53 $2,353.65 $0.00 $2,355.32 $421,273.50
125 $421,273.50 $2,353.65 $0.00 $2,381.94 $426,009.09
126 $426,009.09 $2,353.65 $0.00 $2,408.72 $430,771.46
127 $430,771.46 $2,353.65 $0.00 $2,435.64 $435,560.75
128 $435,560.75 $2,353.65 $0.00 $2,462.72 $440,377.12
129 $440,377.12 $2,353.65 $0.00 $2,489.96 $445,220.73
130 $445,220.73 $2,353.65 $0.00 $2,517.34 $450,091.72
131 $450,091.72 $2,353.65 $0.00 $2,544.88 $454,990.25
132 $454,990.25 $2,353.65 $0.00 $2,572.58 $459,916.48
133 $459,916.48 $2,353.65 $0.00 $2,600.43 $464,870.56
134 $464,870.56 $2,353.65 $0.00 $2,628.45 $469,852.66
135 $469,852.66 $2,353.65 $0.00 $2,656.62 $474,862.93
136 $474,862.93 $2,353.65 $0.00 $2,684.94 $479,901.52
137 $479,901.52 $2,353.65 $0.00 $2,713.43 $484,968.60
138 $484,968.60 $2,353.65 $0.00 $2,742.08 $490,064.33
139 $490,064.33 $2,353.65 $0.00 $2,770.89 $495,188.87
140 $495,188.87 $2,353.65 $0.00 $2,799.87 $500,342.39
141 $500,342.39 $2,353.65 $0.00 $2,829.01 $505,525.05
142 $505,525.05 $2,353.65 $0.00 $2,858.31 $510,737.01
143 $510,737.01 $2,353.65 $0.00 $2,887.78 $515,978.44
144 $515,978.44 $2,353.65 $0.00 $2,917.42 $521,249.51
145 $521,249.51 $2,353.65 $0.00 $2,947.22 $526,550.38
146 $526,550.38 $2,353.65 $0.00 $2,977.19 $531,881.22
147 $531,881.22 $2,353.65 $0.00 $3,007.33 $537,242.20
148 $537,242.20 $2,353.65 $0.00 $3,037.65 $542,633.50
149 $542,633.50 $2,353.65 $0.00 $3,068.13 $548,055.28
150 $548,055.28 $2,353.65 $0.00 $3,098.78 $553,507.71
151 $553,507.71 $2,353.65 $0.00 $3,129.61 $558,990.97
152 $558,990.97 $2,353.65 $0.00 $3,160.62 $564,505.24
153 $564,505.24 $2,353.65 $0.00 $3,191.79 $570,050.68
154 $570,050.68 $2,353.65 $0.00 $3,223.15 $575,627.48
155 $575,627.48 $2,353.65 $0.00 $3,254.68 $581,235.81
156 $581,235.81 $2,353.65 $0.00 $3,286.39 $586,875.85
157 $586,875.85 $2,353.65 $0.00 $3,318.28 $592,547.78
158 $592,547.78 $2,353.65 $0.00 $3,350.35 $598,251.78
159 $598,251.78 $2,353.65 $0.00 $3,382.60 $603,988.03
160 $603,988.03 $2,353.65 $0.00 $3,415.04 $609,756.72
161 $609,756.72 $2,353.65 $0.00 $3,447.65 $615,558.02
162 $615,558.02 $2,353.65 $0.00 $3,480.45 $621,392.12
163 $621,392.12 $2,353.65 $0.00 $3,513.44 $627,259.21
164 $627,259.21 $2,353.65 $0.00 $3,546.61 $633,159.47
165 $633,159.47 $2,353.65 $0.00 $3,579.98 $639,093.10
166 $639,093.10 $2,353.65 $0.00 $3,613.53 $645,060.28
167 $645,060.28 $2,353.65 $0.00 $3,647.26 $651,061.19
168 $651,061.19 $2,353.65 $0.00 $3,681.19 $657,096.03
169 $657,096.03 $2,353.65 $0.00 $3,715.32 $663,165.00
170 $663,165.00 $2,353.65 $0.00 $3,749.63 $669,268.28
171 $669,268.28 $2,353.65 $0.00 $3,784.14 $675,406.07
172 $675,406.07 $2,353.65 $0.00 $3,818.84 $681,578.56
173 $681,578.56 $2,353.65 $0.00 $3,853.74 $687,785.95
174 $687,785.95 $2,353.65 $0.00 $3,888.84 $694,028.44
175 $694,028.44 $2,353.65 $0.00 $3,924.14 $700,306.23
176 $700,306.23 $2,353.65 $0.00 $3,959.63 $706,619.51
177 $706,619.51 $2,353.65 $0.00 $3,995.33 $712,968.49
178 $712,968.49 $2,353.65 $0.00 $4,031.23 $719,353.37
179 $719,353.37 $2,353.65 $0.00 $4,067.33 $725,774.35
180 $725,774.35 $2,353.65 $0.00 $4,103.63 $732,231.63
181 $732,231.63 $2,353.65 $0.00 $4,140.14 $738,725.42
182 $738,725.42 $2,353.65 $0.00 $4,176.86 $745,255.93
183 $745,255.93 $2,353.65 $0.00 $4,213.79 $751,823.37
184 $751,823.37 $2,353.65 $0.00 $4,250.92 $758,427.94
185 $758,427.94 $2,353.65 $0.00 $4,288.26 $765,069.85
186 $765,069.85 $2,353.65 $0.00 $4,325.82 $771,749.32
187 $771,749.32 $2,353.65 $0.00 $4,363.58 $778,466.55
188 $778,466.55 $2,353.65 $0.00 $4,401.56 $785,221.76
189 $785,221.76 $2,353.65 $0.00 $4,439.76 $792,015.17
190 $792,015.17 $2,353.65 $0.00 $4,478.17 $798,846.99
191 $798,846.99 $2,353.65 $0.00 $4,516.80 $805,717.44
192 $805,717.44 $2,353.65 $0.00 $4,555.64 $812,626.73
193 $812,626.73 $2,353.65 $0.00 $4,594.71 $819,575.09
194 $819,575.09 $2,353.65 $0.00 $4,634.00 $826,562.74
195 $826,562.74 $2,353.65 $0.00 $4,673.51 $833,589.90
196 $833,589.90 $2,353.65 $0.00 $4,713.24 $840,656.79
197 $840,656.79 $2,353.65 $0.00 $4,753.20 $847,763.64
198 $847,763.64 $2,353.65 $0.00 $4,793.38 $854,910.67
199 $854,910.67 $2,353.65 $0.00 $4,833.79 $862,098.11
200 $862,098.11 $2,353.65 $0.00 $4,874.43 $869,326.19
201 $869,326.19 $2,353.65 $0.00 $4,915.30 $876,595.14
202 $876,595.14 $2,353.65 $0.00 $4,956.40 $883,905.19
203 $883,905.19 $2,353.65 $0.00 $4,997.73 $891,256.57
204 $891,256.57 $2,353.65 $0.00 $5,039.29 $898,649.51
205 $898,649.51 $2,353.65 $0.00 $5,081.09 $906,084.25
206 $906,084.25 $2,353.65 $0.00 $5,123.13 $913,561.03
207 $913,561.03 $2,353.65 $0.00 $5,165.41 $921,080.09
208 $921,080.09 $2,353.65 $0.00 $5,207.92 $928,641.66
209 $928,641.66 $2,353.65 $0.00 $5,250.67 $936,245.98
210 $936,245.98 $2,353.65 $0.00 $5,293.67 $943,893.30
211 $943,893.30 $2,353.65 $0.00 $5,336.91 $951,583.86
212 $951,583.86 $2,353.65 $0.00 $5,380.39 $959,317.90
213 $959,317.90 $2,353.65 $0.00 $5,424.12 $967,095.67
214 $967,095.67 $2,353.65 $0.00 $5,468.10 $974,917.42
215 $974,917.42 $2,353.65 $0.00 $5,512.32 $982,783.39
216 $982,783.39 $2,353.65 $0.00 $5,556.80 $990,693.84
217 $990,693.84 $2,353.65 $268,299.02 $5,601.53 $730,350.00
218 $730,350.00 $2,353.65 $0.00 $4,129.51 $736,833.16
219 $736,833.16 $2,353.65 $0.00 $4,166.16 $743,352.97
220 $743,352.97 $2,353.65 $0.00 $4,203.03 $749,909.65
221 $749,909.65 $2,353.65 $0.00 $4,240.10 $756,503.40
222 $756,503.40 $2,353.65 $0.00 $4,277.38 $763,134.43
223 $763,134.43 $2,353.65 $0.00 $4,314.87 $769,802.95
224 $769,802.95 $2,353.65 $0.00 $4,352.58 $776,509.18
225 $776,509.18 $2,353.65 $0.00 $4,390.50 $783,253.33
226 $783,253.33 $2,353.65 $0.00 $4,428.63 $790,035.61
227 $790,035.61 $2,353.65 $0.00 $4,466.98 $796,856.24
228 $796,856.24 $2,353.65 $0.00 $4,505.54 $803,715.43
229 $803,715.43 $2,353.65 $287,079.96 $4,544.32 $523,533.44
230 $523,533.44 $2,353.65 $0.00 $2,960.13 $528,847.22
231 $528,847.22 $2,353.65 $0.00 $2,990.18 $534,191.05
232 $534,191.05 $2,353.65 $0.00 $3,020.39 $539,565.09
233 $539,565.09 $2,353.65 $0.00 $3,050.78 $544,969.52
234 $544,969.52 $2,353.65 $0.00 $3,081.34 $550,404.51
235 $550,404.51 $2,353.65 $0.00 $3,112.07 $555,870.23
236 $555,870.23 $2,353.65 $0.00 $3,142.97 $561,366.85
237 $561,366.85 $2,353.65 $0.00 $3,174.05 $566,894.55
238 $566,894.55 $2,353.65 $0.00 $3,205.30 $572,453.50
239 $572,453.50 $2,353.65 $0.00 $3,236.74 $578,043.89
240 $578,043.89 $2,353.65 $0.00 $3,268.34 $583,665.88
241 $583,665.88 $2,353.65 $307,175.55 $3,300.13 $282,144.11
242 $282,144.11 $2,353.65 $0.00 $1,595.28 $286,093.04
243 $286,093.04 $2,353.65 $0.00 $1,617.61 $290,064.30
244 $290,064.30 $2,353.65 $0.00 $1,640.07 $294,058.02
245 $294,058.02 $2,353.65 $0.00 $1,662.65 $298,074.32
246 $298,074.32 $2,353.65 $0.00 $1,685.36 $302,113.33
247 $302,113.33 $2,353.65 $0.00 $1,708.19 $306,175.17
248 $306,175.17 $2,353.65 $0.00 $1,731.16 $310,259.98
249 $310,259.98 $2,353.65 $0.00 $1,754.26 $314,367.89
250 $314,367.89 $2,353.65 $0.00 $1,777.48 $318,499.02
251 $318,499.02 $2,353.65 $0.00 $1,800.84 $322,653.51
252 $322,653.51 $2,353.65 $0.00 $1,824.33 $326,831.49
253 $326,831.49 $0.00 $328,677.84 $1,847.95 $1.60