# Savings Plan and Future Cost Estimation for Texas College

## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2042 \$83,317 Monthly savings required \$658

How much will it cost to send your child to Texas College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$333,268.94 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of \$658.48 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 \$22,208.00 Years until enrollment 18 Annual Tuition Increase 7% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

## Current Savings Shortfall

### College Savings Calculator

Discover how much will you need to start saving now to afford Texas College in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$658.48 \$0.00 \$0.00 \$658.48
2 \$658.48 \$658.48 \$0.00 \$3.72 \$1,320.68
3 \$1,320.68 \$658.48 \$0.00 \$7.47 \$1,986.63
4 \$1,986.63 \$658.48 \$0.00 \$11.23 \$2,656.34
5 \$2,656.34 \$658.48 \$0.00 \$15.02 \$3,329.84
6 \$3,329.84 \$658.48 \$0.00 \$18.83 \$4,007.15
7 \$4,007.15 \$658.48 \$0.00 \$22.66 \$4,688.29
8 \$4,688.29 \$658.48 \$0.00 \$26.51 \$5,373.28
9 \$5,373.28 \$658.48 \$0.00 \$30.38 \$6,062.14
10 \$6,062.14 \$658.48 \$0.00 \$34.28 \$6,754.90
11 \$6,754.90 \$658.48 \$0.00 \$38.19 \$7,451.57
12 \$7,451.57 \$658.48 \$0.00 \$42.13 \$8,152.18
13 \$8,152.18 \$658.48 \$0.00 \$46.09 \$8,856.75
14 \$8,856.75 \$658.48 \$0.00 \$50.08 \$9,565.31
15 \$9,565.31 \$658.48 \$0.00 \$54.08 \$10,277.87
16 \$10,277.87 \$658.48 \$0.00 \$58.11 \$10,994.46
17 \$10,994.46 \$658.48 \$0.00 \$62.16 \$11,715.10
18 \$11,715.10 \$658.48 \$0.00 \$66.24 \$12,439.82
19 \$12,439.82 \$658.48 \$0.00 \$70.34 \$13,168.64
20 \$13,168.64 \$658.48 \$0.00 \$74.46 \$13,901.58
21 \$13,901.58 \$658.48 \$0.00 \$78.60 \$14,638.66
22 \$14,638.66 \$658.48 \$0.00 \$82.77 \$15,379.91
23 \$15,379.91 \$658.48 \$0.00 \$86.96 \$16,125.35
24 \$16,125.35 \$658.48 \$0.00 \$91.18 \$16,875.01
25 \$16,875.01 \$658.48 \$0.00 \$95.41 \$17,628.90
26 \$17,628.90 \$658.48 \$0.00 \$99.68 \$18,387.06
27 \$18,387.06 \$658.48 \$0.00 \$103.96 \$19,149.50
28 \$19,149.50 \$658.48 \$0.00 \$108.27 \$19,916.25
29 \$19,916.25 \$658.48 \$0.00 \$112.61 \$20,687.34
30 \$20,687.34 \$658.48 \$0.00 \$116.97 \$21,462.79
31 \$21,462.79 \$658.48 \$0.00 \$121.35 \$22,242.62
32 \$22,242.62 \$658.48 \$0.00 \$125.76 \$23,026.86
33 \$23,026.86 \$658.48 \$0.00 \$130.20 \$23,815.54
34 \$23,815.54 \$658.48 \$0.00 \$134.66 \$24,608.68
35 \$24,608.68 \$658.48 \$0.00 \$139.14 \$25,406.30
36 \$25,406.30 \$658.48 \$0.00 \$143.65 \$26,208.43
37 \$26,208.43 \$658.48 \$0.00 \$148.19 \$27,015.10
38 \$27,015.10 \$658.48 \$0.00 \$152.75 \$27,826.33
39 \$27,826.33 \$658.48 \$0.00 \$157.33 \$28,642.14
40 \$28,642.14 \$658.48 \$0.00 \$161.95 \$29,462.57
41 \$29,462.57 \$658.48 \$0.00 \$166.59 \$30,287.64
42 \$30,287.64 \$658.48 \$0.00 \$171.25 \$31,117.37
43 \$31,117.37 \$658.48 \$0.00 \$175.94 \$31,951.79
44 \$31,951.79 \$658.48 \$0.00 \$180.66 \$32,790.93
45 \$32,790.93 \$658.48 \$0.00 \$185.40 \$33,634.81
46 \$33,634.81 \$658.48 \$0.00 \$190.18 \$34,483.47
47 \$34,483.47 \$658.48 \$0.00 \$194.97 \$35,336.92
48 \$35,336.92 \$658.48 \$0.00 \$199.80 \$36,195.20
49 \$36,195.20 \$658.48 \$0.00 \$204.65 \$37,058.33
50 \$37,058.33 \$658.48 \$0.00 \$209.53 \$37,926.34
51 \$37,926.34 \$658.48 \$0.00 \$214.44 \$38,799.26
52 \$38,799.26 \$658.48 \$0.00 \$219.38 \$39,677.12
53 \$39,677.12 \$658.48 \$0.00 \$224.34 \$40,559.94
54 \$40,559.94 \$658.48 \$0.00 \$229.33 \$41,447.75
55 \$41,447.75 \$658.48 \$0.00 \$234.35 \$42,340.58
56 \$42,340.58 \$658.48 \$0.00 \$239.40 \$43,238.46
57 \$43,238.46 \$658.48 \$0.00 \$244.48 \$44,141.42
58 \$44,141.42 \$658.48 \$0.00 \$249.58 \$45,049.48
59 \$45,049.48 \$658.48 \$0.00 \$254.72 \$45,962.68
60 \$45,962.68 \$658.48 \$0.00 \$259.88 \$46,881.04
61 \$46,881.04 \$658.48 \$0.00 \$265.07 \$47,804.59
62 \$47,804.59 \$658.48 \$0.00 \$270.29 \$48,733.36
63 \$48,733.36 \$658.48 \$0.00 \$275.55 \$49,667.39
64 \$49,667.39 \$658.48 \$0.00 \$280.83 \$50,606.70
65 \$50,606.70 \$658.48 \$0.00 \$286.14 \$51,551.32
66 \$51,551.32 \$658.48 \$0.00 \$291.48 \$52,501.28
67 \$52,501.28 \$658.48 \$0.00 \$296.85 \$53,456.61
68 \$53,456.61 \$658.48 \$0.00 \$302.25 \$54,417.34
69 \$54,417.34 \$658.48 \$0.00 \$307.68 \$55,383.50
70 \$55,383.50 \$658.48 \$0.00 \$313.15 \$56,355.13
71 \$56,355.13 \$658.48 \$0.00 \$318.64 \$57,332.25
72 \$57,332.25 \$658.48 \$0.00 \$324.16 \$58,314.89
73 \$58,314.89 \$658.48 \$0.00 \$329.72 \$59,303.09
74 \$59,303.09 \$658.48 \$0.00 \$335.31 \$60,296.88
75 \$60,296.88 \$658.48 \$0.00 \$340.93 \$61,296.29
76 \$61,296.29 \$658.48 \$0.00 \$346.58 \$62,301.35
77 \$62,301.35 \$658.48 \$0.00 \$352.26 \$63,312.09
78 \$63,312.09 \$658.48 \$0.00 \$357.98 \$64,328.55
79 \$64,328.55 \$658.48 \$0.00 \$363.72 \$65,350.75
80 \$65,350.75 \$658.48 \$0.00 \$369.50 \$66,378.73
81 \$66,378.73 \$658.48 \$0.00 \$375.31 \$67,412.52
82 \$67,412.52 \$658.48 \$0.00 \$381.16 \$68,452.16
83 \$68,452.16 \$658.48 \$0.00 \$387.04 \$69,497.68
84 \$69,497.68 \$658.48 \$0.00 \$392.95 \$70,549.11
85 \$70,549.11 \$658.48 \$0.00 \$398.89 \$71,606.48
86 \$71,606.48 \$658.48 \$0.00 \$404.87 \$72,669.83
87 \$72,669.83 \$658.48 \$0.00 \$410.89 \$73,739.20
88 \$73,739.20 \$658.48 \$0.00 \$416.93 \$74,814.61
89 \$74,814.61 \$658.48 \$0.00 \$423.01 \$75,896.10
90 \$75,896.10 \$658.48 \$0.00 \$429.13 \$76,983.71
91 \$76,983.71 \$658.48 \$0.00 \$435.28 \$78,077.47
92 \$78,077.47 \$658.48 \$0.00 \$441.46 \$79,177.41
93 \$79,177.41 \$658.48 \$0.00 \$447.68 \$80,283.57
94 \$80,283.57 \$658.48 \$0.00 \$453.93 \$81,395.98
95 \$81,395.98 \$658.48 \$0.00 \$460.22 \$82,514.68
96 \$82,514.68 \$658.48 \$0.00 \$466.55 \$83,639.71
97 \$83,639.71 \$658.48 \$0.00 \$472.91 \$84,771.10
98 \$84,771.10 \$658.48 \$0.00 \$479.31 \$85,908.89
99 \$85,908.89 \$658.48 \$0.00 \$485.74 \$87,053.11
100 \$87,053.11 \$658.48 \$0.00 \$492.21 \$88,203.80
101 \$88,203.80 \$658.48 \$0.00 \$498.72 \$89,361.00
102 \$89,361.00 \$658.48 \$0.00 \$505.26 \$90,524.74
103 \$90,524.74 \$658.48 \$0.00 \$511.84 \$91,695.06
104 \$91,695.06 \$658.48 \$0.00 \$518.46 \$92,872.00
105 \$92,872.00 \$658.48 \$0.00 \$525.11 \$94,055.59
106 \$94,055.59 \$658.48 \$0.00 \$531.80 \$95,245.87
107 \$95,245.87 \$658.48 \$0.00 \$538.53 \$96,442.88
108 \$96,442.88 \$658.48 \$0.00 \$545.30 \$97,646.66
109 \$97,646.66 \$658.48 \$0.00 \$552.11 \$98,857.25
110 \$98,857.25 \$658.48 \$0.00 \$558.95 \$100,074.68
111 \$100,074.68 \$658.48 \$0.00 \$565.84 \$101,299.00
112 \$101,299.00 \$658.48 \$0.00 \$572.76 \$102,530.24
113 \$102,530.24 \$658.48 \$0.00 \$579.72 \$103,768.44
114 \$103,768.44 \$658.48 \$0.00 \$586.72 \$105,013.64
115 \$105,013.64 \$658.48 \$0.00 \$593.76 \$106,265.88
116 \$106,265.88 \$658.48 \$0.00 \$600.84 \$107,525.20
117 \$107,525.20 \$658.48 \$0.00 \$607.96 \$108,791.64
118 \$108,791.64 \$658.48 \$0.00 \$615.12 \$110,065.24
119 \$110,065.24 \$658.48 \$0.00 \$622.32 \$111,346.04
120 \$111,346.04 \$658.48 \$0.00 \$629.57 \$112,634.09
121 \$112,634.09 \$658.48 \$0.00 \$636.85 \$113,929.42
122 \$113,929.42 \$658.48 \$0.00 \$644.17 \$115,232.07
123 \$115,232.07 \$658.48 \$0.00 \$651.54 \$116,542.09
124 \$116,542.09 \$658.48 \$0.00 \$658.95 \$117,859.52
125 \$117,859.52 \$658.48 \$0.00 \$666.39 \$119,184.39
126 \$119,184.39 \$658.48 \$0.00 \$673.89 \$120,516.76
127 \$120,516.76 \$658.48 \$0.00 \$681.42 \$121,856.66
128 \$121,856.66 \$658.48 \$0.00 \$689.00 \$123,204.14
129 \$123,204.14 \$658.48 \$0.00 \$696.61 \$124,559.23
130 \$124,559.23 \$658.48 \$0.00 \$704.28 \$125,921.99
131 \$125,921.99 \$658.48 \$0.00 \$711.98 \$127,292.45
132 \$127,292.45 \$658.48 \$0.00 \$719.73 \$128,670.66
133 \$128,670.66 \$658.48 \$0.00 \$727.52 \$130,056.66
134 \$130,056.66 \$658.48 \$0.00 \$735.36 \$131,450.50
135 \$131,450.50 \$658.48 \$0.00 \$743.24 \$132,852.22
136 \$132,852.22 \$658.48 \$0.00 \$751.17 \$134,261.87
137 \$134,261.87 \$658.48 \$0.00 \$759.14 \$135,679.49
138 \$135,679.49 \$658.48 \$0.00 \$767.15 \$137,105.12
139 \$137,105.12 \$658.48 \$0.00 \$775.21 \$138,538.81
140 \$138,538.81 \$658.48 \$0.00 \$783.32 \$139,980.61
141 \$139,980.61 \$658.48 \$0.00 \$791.47 \$141,430.56
142 \$141,430.56 \$658.48 \$0.00 \$799.67 \$142,888.71
143 \$142,888.71 \$658.48 \$0.00 \$807.91 \$144,355.10
144 \$144,355.10 \$658.48 \$0.00 \$816.20 \$145,829.78
145 \$145,829.78 \$658.48 \$0.00 \$824.54 \$147,312.80
146 \$147,312.80 \$658.48 \$0.00 \$832.93 \$148,804.21
147 \$148,804.21 \$658.48 \$0.00 \$841.36 \$150,304.05
148 \$150,304.05 \$658.48 \$0.00 \$849.84 \$151,812.37
149 \$151,812.37 \$658.48 \$0.00 \$858.37 \$153,329.22
150 \$153,329.22 \$658.48 \$0.00 \$866.95 \$154,854.65
151 \$154,854.65 \$658.48 \$0.00 \$875.57 \$156,388.70
152 \$156,388.70 \$658.48 \$0.00 \$884.24 \$157,931.42
153 \$157,931.42 \$658.48 \$0.00 \$892.97 \$159,482.87
154 \$159,482.87 \$658.48 \$0.00 \$901.74 \$161,043.09
155 \$161,043.09 \$658.48 \$0.00 \$910.56 \$162,612.13
156 \$162,612.13 \$658.48 \$0.00 \$919.43 \$164,190.04
157 \$164,190.04 \$658.48 \$0.00 \$928.35 \$165,776.87
158 \$165,776.87 \$658.48 \$0.00 \$937.33 \$167,372.68
159 \$167,372.68 \$658.48 \$0.00 \$946.35 \$168,977.51
160 \$168,977.51 \$658.48 \$0.00 \$955.42 \$170,591.41
161 \$170,591.41 \$658.48 \$0.00 \$964.55 \$172,214.44
162 \$172,214.44 \$658.48 \$0.00 \$973.73 \$173,846.65
163 \$173,846.65 \$658.48 \$0.00 \$982.95 \$175,488.08
164 \$175,488.08 \$658.48 \$0.00 \$992.24 \$177,138.80
165 \$177,138.80 \$658.48 \$0.00 \$1,001.57 \$178,798.85
166 \$178,798.85 \$658.48 \$0.00 \$1,010.95 \$180,468.28
167 \$180,468.28 \$658.48 \$0.00 \$1,020.39 \$182,147.15
168 \$182,147.15 \$658.48 \$0.00 \$1,029.89 \$183,835.52
169 \$183,835.52 \$658.48 \$0.00 \$1,039.43 \$185,533.43
170 \$185,533.43 \$658.48 \$0.00 \$1,049.03 \$187,240.94
171 \$187,240.94 \$658.48 \$0.00 \$1,058.69 \$188,958.11
172 \$188,958.11 \$658.48 \$0.00 \$1,068.40 \$190,684.99
173 \$190,684.99 \$658.48 \$0.00 \$1,078.16 \$192,421.63
174 \$192,421.63 \$658.48 \$0.00 \$1,087.98 \$194,168.09
175 \$194,168.09 \$658.48 \$0.00 \$1,097.85 \$195,924.42
176 \$195,924.42 \$658.48 \$0.00 \$1,107.79 \$197,690.69
177 \$197,690.69 \$658.48 \$0.00 \$1,117.77 \$199,466.94
178 \$199,466.94 \$658.48 \$0.00 \$1,127.82 \$201,253.24
179 \$201,253.24 \$658.48 \$0.00 \$1,137.92 \$203,049.64
180 \$203,049.64 \$658.48 \$0.00 \$1,148.07 \$204,856.19
181 \$204,856.19 \$658.48 \$0.00 \$1,158.29 \$206,672.96
182 \$206,672.96 \$658.48 \$0.00 \$1,168.56 \$208,500.00
183 \$208,500.00 \$658.48 \$0.00 \$1,178.89 \$210,337.37
184 \$210,337.37 \$658.48 \$0.00 \$1,189.28 \$212,185.13
185 \$212,185.13 \$658.48 \$0.00 \$1,199.73 \$214,043.34
186 \$214,043.34 \$658.48 \$0.00 \$1,210.23 \$215,912.05
187 \$215,912.05 \$658.48 \$0.00 \$1,220.80 \$217,791.33
188 \$217,791.33 \$658.48 \$0.00 \$1,231.42 \$219,681.23
189 \$219,681.23 \$658.48 \$0.00 \$1,242.11 \$221,581.82
190 \$221,581.82 \$658.48 \$0.00 \$1,252.86 \$223,493.16
191 \$223,493.16 \$658.48 \$0.00 \$1,263.66 \$225,415.30
192 \$225,415.30 \$658.48 \$0.00 \$1,274.53 \$227,348.31
193 \$227,348.31 \$658.48 \$0.00 \$1,285.46 \$229,292.25
194 \$229,292.25 \$658.48 \$0.00 \$1,296.45 \$231,247.18
195 \$231,247.18 \$658.48 \$0.00 \$1,307.51 \$233,213.17
196 \$233,213.17 \$658.48 \$0.00 \$1,318.62 \$235,190.27
197 \$235,190.27 \$658.48 \$0.00 \$1,329.80 \$237,178.55
198 \$237,178.55 \$658.48 \$0.00 \$1,341.04 \$239,178.07
199 \$239,178.07 \$658.48 \$0.00 \$1,352.35 \$241,188.90
200 \$241,188.90 \$658.48 \$0.00 \$1,363.72 \$243,211.10
201 \$243,211.10 \$658.48 \$0.00 \$1,375.15 \$245,244.73
202 \$245,244.73 \$658.48 \$0.00 \$1,386.65 \$247,289.86
203 \$247,289.86 \$658.48 \$0.00 \$1,398.21 \$249,346.55
204 \$249,346.55 \$658.48 \$0.00 \$1,409.84 \$251,414.87
205 \$251,414.87 \$658.48 \$0.00 \$1,421.54 \$253,494.89
206 \$253,494.89 \$658.48 \$0.00 \$1,433.30 \$255,586.67
207 \$255,586.67 \$658.48 \$0.00 \$1,445.12 \$257,690.27
208 \$257,690.27 \$658.48 \$0.00 \$1,457.02 \$259,805.77
209 \$259,805.77 \$658.48 \$0.00 \$1,468.98 \$261,933.23
210 \$261,933.23 \$658.48 \$0.00 \$1,481.01 \$264,072.72
211 \$264,072.72 \$658.48 \$0.00 \$1,493.11 \$266,224.31
212 \$266,224.31 \$658.48 \$0.00 \$1,505.27 \$268,388.06
213 \$268,388.06 \$658.48 \$0.00 \$1,517.51 \$270,564.05
214 \$270,564.05 \$658.48 \$0.00 \$1,529.81 \$272,752.34
215 \$272,752.34 \$658.48 \$0.00 \$1,542.18 \$274,953.00
216 \$274,953.00 \$658.48 \$0.00 \$1,554.62 \$277,166.10
217 \$277,166.10 \$658.48 \$75,061.54 \$1,567.14 \$204,330.18
218 \$204,330.18 \$658.48 \$0.00 \$1,155.31 \$206,143.97
219 \$206,143.97 \$658.48 \$0.00 \$1,165.57 \$207,968.02
220 \$207,968.02 \$658.48 \$0.00 \$1,175.88 \$209,802.38
221 \$209,802.38 \$658.48 \$0.00 \$1,186.25 \$211,647.11
222 \$211,647.11 \$658.48 \$0.00 \$1,196.68 \$213,502.27
223 \$213,502.27 \$658.48 \$0.00 \$1,207.17 \$215,367.92
224 \$215,367.92 \$658.48 \$0.00 \$1,217.72 \$217,244.12
225 \$217,244.12 \$658.48 \$0.00 \$1,228.33 \$219,130.93
226 \$219,130.93 \$658.48 \$0.00 \$1,239.00 \$221,028.41
227 \$221,028.41 \$658.48 \$0.00 \$1,249.73 \$222,936.62
228 \$222,936.62 \$658.48 \$0.00 \$1,260.52 \$224,855.62
229 \$224,855.62 \$658.48 \$80,315.84 \$1,271.37 \$146,469.63
230 \$146,469.63 \$658.48 \$0.00 \$828.16 \$147,956.27
231 \$147,956.27 \$658.48 \$0.00 \$836.57 \$149,451.32
232 \$149,451.32 \$658.48 \$0.00 \$845.02 \$150,954.82
233 \$150,954.82 \$658.48 \$0.00 \$853.52 \$152,466.82
234 \$152,466.82 \$658.48 \$0.00 \$862.07 \$153,987.37
235 \$153,987.37 \$658.48 \$0.00 \$870.67 \$155,516.52
236 \$155,516.52 \$658.48 \$0.00 \$879.31 \$157,054.31
237 \$157,054.31 \$658.48 \$0.00 \$888.01 \$158,600.80
238 \$158,600.80 \$658.48 \$0.00 \$896.75 \$160,156.03
239 \$160,156.03 \$658.48 \$0.00 \$905.55 \$161,720.06
240 \$161,720.06 \$658.48 \$0.00 \$914.39 \$163,292.93
241 \$163,292.93 \$658.48 \$85,937.95 \$923.28 \$78,936.74
242 \$78,936.74 \$658.48 \$0.00 \$446.32 \$80,041.54
243 \$80,041.54 \$658.48 \$0.00 \$452.57 \$81,152.59
244 \$81,152.59 \$658.48 \$0.00 \$458.85 \$82,269.92
245 \$82,269.92 \$658.48 \$0.00 \$465.17 \$83,393.57
246 \$83,393.57 \$658.48 \$0.00 \$471.52 \$84,523.57
247 \$84,523.57 \$658.48 \$0.00 \$477.91 \$85,659.96
248 \$85,659.96 \$658.48 \$0.00 \$484.33 \$86,802.77
249 \$86,802.77 \$658.48 \$0.00 \$490.80 \$87,952.05
250 \$87,952.05 \$658.48 \$0.00 \$497.29 \$89,107.82
251 \$89,107.82 \$658.48 \$0.00 \$503.83 \$90,270.13
252 \$90,270.13 \$658.48 \$0.00 \$510.40 \$91,439.01
253 \$91,439.01 \$0.00 \$91,953.61 \$517.01 \$2.41