Savings Plan and Future Cost Estimation for Butler County Community College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$55,097
Monthly savings required$245

How much will it cost to send your child to Butler County Community College in 18 years and how much do you need to save?  A 2 year degree is estimated to be priced at $110,194.24 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $244.80 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$15,750.00
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 $244.80 $0.00 $0.00 $244.80
2 $244.80 $244.80 $0.00 $1.38 $490.98
3 $490.98 $244.80 $0.00 $2.78 $738.56
4 $738.56 $244.80 $0.00 $4.18 $987.54
5 $987.54 $244.80 $0.00 $5.58 $1,237.92
6 $1,237.92 $244.80 $0.00 $7.00 $1,489.72
7 $1,489.72 $244.80 $0.00 $8.42 $1,742.94
8 $1,742.94 $244.80 $0.00 $9.85 $1,997.59
9 $1,997.59 $244.80 $0.00 $11.29 $2,253.68
10 $2,253.68 $244.80 $0.00 $12.74 $2,511.22
11 $2,511.22 $244.80 $0.00 $14.20 $2,770.22
12 $2,770.22 $244.80 $0.00 $15.66 $3,030.68
13 $3,030.68 $244.80 $0.00 $17.14 $3,292.62
14 $3,292.62 $244.80 $0.00 $18.62 $3,556.04
15 $3,556.04 $244.80 $0.00 $20.11 $3,820.95
16 $3,820.95 $244.80 $0.00 $21.60 $4,087.35
17 $4,087.35 $244.80 $0.00 $23.11 $4,355.26
18 $4,355.26 $244.80 $0.00 $24.63 $4,624.69
19 $4,624.69 $244.80 $0.00 $26.15 $4,895.64
20 $4,895.64 $244.80 $0.00 $27.68 $5,168.12
21 $5,168.12 $244.80 $0.00 $29.22 $5,442.14
22 $5,442.14 $244.80 $0.00 $30.77 $5,717.71
23 $5,717.71 $244.80 $0.00 $32.33 $5,994.84
24 $5,994.84 $244.80 $0.00 $33.90 $6,273.54
25 $6,273.54 $244.80 $0.00 $35.47 $6,553.81
26 $6,553.81 $244.80 $0.00 $37.06 $6,835.67
27 $6,835.67 $244.80 $0.00 $38.65 $7,119.12
28 $7,119.12 $244.80 $0.00 $40.25 $7,404.17
29 $7,404.17 $244.80 $0.00 $41.86 $7,690.83
30 $7,690.83 $244.80 $0.00 $43.49 $7,979.12
31 $7,979.12 $244.80 $0.00 $45.12 $8,269.04
32 $8,269.04 $244.80 $0.00 $46.75 $8,560.59
33 $8,560.59 $244.80 $0.00 $48.40 $8,853.79
34 $8,853.79 $244.80 $0.00 $50.06 $9,148.65
35 $9,148.65 $244.80 $0.00 $51.73 $9,445.18
36 $9,445.18 $244.80 $0.00 $53.40 $9,743.38
37 $9,743.38 $244.80 $0.00 $55.09 $10,043.27
38 $10,043.27 $244.80 $0.00 $56.79 $10,344.86
39 $10,344.86 $244.80 $0.00 $58.49 $10,648.15
40 $10,648.15 $244.80 $0.00 $60.21 $10,953.16
41 $10,953.16 $244.80 $0.00 $61.93 $11,259.89
42 $11,259.89 $244.80 $0.00 $63.67 $11,568.36
43 $11,568.36 $244.80 $0.00 $65.41 $11,878.57
44 $11,878.57 $244.80 $0.00 $67.16 $12,190.53
45 $12,190.53 $244.80 $0.00 $68.93 $12,504.26
46 $12,504.26 $244.80 $0.00 $70.70 $12,819.76
47 $12,819.76 $244.80 $0.00 $72.48 $13,137.04
48 $13,137.04 $244.80 $0.00 $74.28 $13,456.12
49 $13,456.12 $244.80 $0.00 $76.08 $13,777.00
50 $13,777.00 $244.80 $0.00 $77.90 $14,099.70
51 $14,099.70 $244.80 $0.00 $79.72 $14,424.22
52 $14,424.22 $244.80 $0.00 $81.56 $14,750.58
53 $14,750.58 $244.80 $0.00 $83.40 $15,078.78
54 $15,078.78 $244.80 $0.00 $85.26 $15,408.84
55 $15,408.84 $244.80 $0.00 $87.12 $15,740.76
56 $15,740.76 $244.80 $0.00 $89.00 $16,074.56
57 $16,074.56 $244.80 $0.00 $90.89 $16,410.25
58 $16,410.25 $244.80 $0.00 $92.79 $16,747.84
59 $16,747.84 $244.80 $0.00 $94.69 $17,087.33
60 $17,087.33 $244.80 $0.00 $96.61 $17,428.74
61 $17,428.74 $244.80 $0.00 $98.54 $17,772.08
62 $17,772.08 $244.80 $0.00 $100.49 $18,117.37
63 $18,117.37 $244.80 $0.00 $102.44 $18,464.61
64 $18,464.61 $244.80 $0.00 $104.40 $18,813.81
65 $18,813.81 $244.80 $0.00 $106.38 $19,164.99
66 $19,164.99 $244.80 $0.00 $108.36 $19,518.15
67 $19,518.15 $244.80 $0.00 $110.36 $19,873.31
68 $19,873.31 $244.80 $0.00 $112.37 $20,230.48
69 $20,230.48 $244.80 $0.00 $114.39 $20,589.67
70 $20,589.67 $244.80 $0.00 $116.42 $20,950.89
71 $20,950.89 $244.80 $0.00 $118.46 $21,314.15
72 $21,314.15 $244.80 $0.00 $120.51 $21,679.46
73 $21,679.46 $244.80 $0.00 $122.58 $22,046.84
74 $22,046.84 $244.80 $0.00 $124.66 $22,416.30
75 $22,416.30 $244.80 $0.00 $126.75 $22,787.85
76 $22,787.85 $244.80 $0.00 $128.85 $23,161.50
77 $23,161.50 $244.80 $0.00 $130.96 $23,537.26
78 $23,537.26 $244.80 $0.00 $133.08 $23,915.14
79 $23,915.14 $244.80 $0.00 $135.22 $24,295.16
80 $24,295.16 $244.80 $0.00 $137.37 $24,677.33
81 $24,677.33 $244.80 $0.00 $139.53 $25,061.66
82 $25,061.66 $244.80 $0.00 $141.70 $25,448.16
83 $25,448.16 $244.80 $0.00 $143.89 $25,836.85
84 $25,836.85 $244.80 $0.00 $146.09 $26,227.74
85 $26,227.74 $244.80 $0.00 $148.30 $26,620.84
86 $26,620.84 $244.80 $0.00 $150.52 $27,016.16
87 $27,016.16 $244.80 $0.00 $152.75 $27,413.71
88 $27,413.71 $244.80 $0.00 $155.00 $27,813.51
89 $27,813.51 $244.80 $0.00 $157.26 $28,215.57
90 $28,215.57 $244.80 $0.00 $159.53 $28,619.90
91 $28,619.90 $244.80 $0.00 $161.82 $29,026.52
92 $29,026.52 $244.80 $0.00 $164.12 $29,435.44
93 $29,435.44 $244.80 $0.00 $166.43 $29,846.67
94 $29,846.67 $244.80 $0.00 $168.76 $30,260.23
95 $30,260.23 $244.80 $0.00 $171.10 $30,676.13
96 $30,676.13 $244.80 $0.00 $173.45 $31,094.38
97 $31,094.38 $244.80 $0.00 $175.81 $31,514.99
98 $31,514.99 $244.80 $0.00 $178.19 $31,937.98
99 $31,937.98 $244.80 $0.00 $180.58 $32,363.36
100 $32,363.36 $244.80 $0.00 $182.99 $32,791.15
101 $32,791.15 $244.80 $0.00 $185.41 $33,221.36
102 $33,221.36 $244.80 $0.00 $187.84 $33,654.00
103 $33,654.00 $244.80 $0.00 $190.28 $34,089.08
104 $34,089.08 $244.80 $0.00 $192.74 $34,526.62
105 $34,526.62 $244.80 $0.00 $195.22 $34,966.64
106 $34,966.64 $244.80 $0.00 $197.71 $35,409.15
107 $35,409.15 $244.80 $0.00 $200.21 $35,854.16
108 $35,854.16 $244.80 $0.00 $202.72 $36,301.68
109 $36,301.68 $244.80 $0.00 $205.25 $36,751.73
110 $36,751.73 $244.80 $0.00 $207.80 $37,204.33
111 $37,204.33 $244.80 $0.00 $210.36 $37,659.49
112 $37,659.49 $244.80 $0.00 $212.93 $38,117.22
113 $38,117.22 $244.80 $0.00 $215.52 $38,577.54
114 $38,577.54 $244.80 $0.00 $218.12 $39,040.46
115 $39,040.46 $244.80 $0.00 $220.74 $39,506.00
116 $39,506.00 $244.80 $0.00 $223.37 $39,974.17
117 $39,974.17 $244.80 $0.00 $226.02 $40,444.99
118 $40,444.99 $244.80 $0.00 $228.68 $40,918.47
119 $40,918.47 $244.80 $0.00 $231.36 $41,394.63
120 $41,394.63 $244.80 $0.00 $234.05 $41,873.48
121 $41,873.48 $244.80 $0.00 $236.76 $42,355.04
122 $42,355.04 $244.80 $0.00 $239.48 $42,839.32
123 $42,839.32 $244.80 $0.00 $242.22 $43,326.34
124 $43,326.34 $244.80 $0.00 $244.97 $43,816.11
125 $43,816.11 $244.80 $0.00 $247.74 $44,308.65
126 $44,308.65 $244.80 $0.00 $250.53 $44,803.98
127 $44,803.98 $244.80 $0.00 $253.33 $45,302.11
128 $45,302.11 $244.80 $0.00 $256.14 $45,803.05
129 $45,803.05 $244.80 $0.00 $258.98 $46,306.83
130 $46,306.83 $244.80 $0.00 $261.83 $46,813.46
131 $46,813.46 $244.80 $0.00 $264.69 $47,322.95
132 $47,322.95 $244.80 $0.00 $267.57 $47,835.32
133 $47,835.32 $244.80 $0.00 $270.47 $48,350.59
134 $48,350.59 $244.80 $0.00 $273.38 $48,868.77
135 $48,868.77 $244.80 $0.00 $276.31 $49,389.88
136 $49,389.88 $244.80 $0.00 $279.26 $49,913.94
137 $49,913.94 $244.80 $0.00 $282.22 $50,440.96
138 $50,440.96 $244.80 $0.00 $285.20 $50,970.96
139 $50,970.96 $244.80 $0.00 $288.20 $51,503.96
140 $51,503.96 $244.80 $0.00 $291.21 $52,039.97
141 $52,039.97 $244.80 $0.00 $294.24 $52,579.01
142 $52,579.01 $244.80 $0.00 $297.29 $53,121.10
143 $53,121.10 $244.80 $0.00 $300.35 $53,666.25
144 $53,666.25 $244.80 $0.00 $303.44 $54,214.49
145 $54,214.49 $244.80 $0.00 $306.54 $54,765.83
146 $54,765.83 $244.80 $0.00 $309.65 $55,320.28
147 $55,320.28 $244.80 $0.00 $312.79 $55,877.87
148 $55,877.87 $244.80 $0.00 $315.94 $56,438.61
149 $56,438.61 $244.80 $0.00 $319.11 $57,002.52
150 $57,002.52 $244.80 $0.00 $322.30 $57,569.62
151 $57,569.62 $244.80 $0.00 $325.51 $58,139.93
152 $58,139.93 $244.80 $0.00 $328.73 $58,713.46
153 $58,713.46 $244.80 $0.00 $331.97 $59,290.23
154 $59,290.23 $244.80 $0.00 $335.24 $59,870.27
155 $59,870.27 $244.80 $0.00 $338.52 $60,453.59
156 $60,453.59 $244.80 $0.00 $341.81 $61,040.20
157 $61,040.20 $244.80 $0.00 $345.13 $61,630.13
158 $61,630.13 $244.80 $0.00 $348.47 $62,223.40
159 $62,223.40 $244.80 $0.00 $351.82 $62,820.02
160 $62,820.02 $244.80 $0.00 $355.19 $63,420.01
161 $63,420.01 $244.80 $0.00 $358.59 $64,023.40
162 $64,023.40 $244.80 $0.00 $362.00 $64,630.20
163 $64,630.20 $244.80 $0.00 $365.43 $65,240.43
164 $65,240.43 $244.80 $0.00 $368.88 $65,854.11
165 $65,854.11 $244.80 $0.00 $372.35 $66,471.26
166 $66,471.26 $244.80 $0.00 $375.84 $67,091.90
167 $67,091.90 $244.80 $0.00 $379.35 $67,716.05
168 $67,716.05 $244.80 $0.00 $382.88 $68,343.73
169 $68,343.73 $244.80 $0.00 $386.43 $68,974.96
170 $68,974.96 $244.80 $0.00 $389.99 $69,609.75
171 $69,609.75 $244.80 $0.00 $393.58 $70,248.13
172 $70,248.13 $244.80 $0.00 $397.19 $70,890.12
173 $70,890.12 $244.80 $0.00 $400.82 $71,535.74
174 $71,535.74 $244.80 $0.00 $404.47 $72,185.01
175 $72,185.01 $244.80 $0.00 $408.14 $72,837.95
176 $72,837.95 $244.80 $0.00 $411.84 $73,494.59
177 $73,494.59 $244.80 $0.00 $415.55 $74,154.94
178 $74,154.94 $244.80 $0.00 $419.28 $74,819.02
179 $74,819.02 $244.80 $0.00 $423.04 $75,486.86
180 $75,486.86 $244.80 $0.00 $426.81 $76,158.47
181 $76,158.47 $244.80 $0.00 $430.61 $76,833.88
182 $76,833.88 $244.80 $0.00 $434.43 $77,513.11
183 $77,513.11 $244.80 $0.00 $438.27 $78,196.18
184 $78,196.18 $244.80 $0.00 $442.13 $78,883.11
185 $78,883.11 $244.80 $0.00 $446.02 $79,573.93
186 $79,573.93 $244.80 $0.00 $449.92 $80,268.65
187 $80,268.65 $244.80 $0.00 $453.85 $80,967.30
188 $80,967.30 $244.80 $0.00 $457.80 $81,669.90
189 $81,669.90 $244.80 $0.00 $461.77 $82,376.47
190 $82,376.47 $244.80 $0.00 $465.77 $83,087.04
191 $83,087.04 $244.80 $0.00 $469.79 $83,801.63
192 $83,801.63 $244.80 $0.00 $473.83 $84,520.26
193 $84,520.26 $244.80 $0.00 $477.89 $85,242.95
194 $85,242.95 $244.80 $0.00 $481.98 $85,969.73
195 $85,969.73 $244.80 $0.00 $486.09 $86,700.62
196 $86,700.62 $244.80 $0.00 $490.22 $87,435.64
197 $87,435.64 $244.80 $0.00 $494.37 $88,174.81
198 $88,174.81 $244.80 $0.00 $498.55 $88,918.16
199 $88,918.16 $244.80 $0.00 $502.76 $89,665.72
200 $89,665.72 $244.80 $0.00 $506.98 $90,417.50
201 $90,417.50 $244.80 $0.00 $511.23 $91,173.53
202 $91,173.53 $244.80 $0.00 $515.51 $91,933.84
203 $91,933.84 $244.80 $0.00 $519.81 $92,698.45
204 $92,698.45 $244.80 $0.00 $524.13 $93,467.38
205 $93,467.38 $244.80 $0.00 $528.48 $94,240.66
206 $94,240.66 $244.80 $0.00 $532.85 $95,018.31
207 $95,018.31 $244.80 $0.00 $537.25 $95,800.36
208 $95,800.36 $244.80 $0.00 $541.67 $96,586.83
209 $96,586.83 $244.80 $0.00 $546.12 $97,377.75
210 $97,377.75 $244.80 $0.00 $550.59 $98,173.14
211 $98,173.14 $244.80 $0.00 $555.09 $98,973.03
212 $98,973.03 $244.80 $0.00 $559.61 $99,777.44
213 $99,777.44 $244.80 $0.00 $564.16 $100,586.40
214 $100,586.40 $244.80 $0.00 $568.73 $101,399.93
215 $101,399.93 $244.80 $0.00 $573.33 $102,218.06
216 $102,218.06 $244.80 $0.00 $577.96 $103,040.82
217 $103,040.82 $244.80 $53,233.93 $582.61 $50,634.30
218 $50,634.30 $244.80 $0.00 $286.29 $51,165.39
219 $51,165.39 $244.80 $0.00 $289.30 $51,699.49
220 $51,699.49 $244.80 $0.00 $292.32 $52,236.61
221 $52,236.61 $244.80 $0.00 $295.35 $52,776.76
222 $52,776.76 $244.80 $0.00 $298.41 $53,319.97
223 $53,319.97 $244.80 $0.00 $301.48 $53,866.25
224 $53,866.25 $244.80 $0.00 $304.57 $54,415.62
225 $54,415.62 $244.80 $0.00 $307.67 $54,968.09
226 $54,968.09 $244.80 $0.00 $310.80 $55,523.69
227 $55,523.69 $244.80 $0.00 $313.94 $56,082.43
228 $56,082.43 $244.80 $0.00 $317.10 $56,644.33
229 $56,644.33 $0.00 $56,960.31 $320.28 $4.30