Savings Plan and Future Cost Estimation for Marquette University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$242,216
Monthly savings required$1,914

How much will it cost to send your child to Marquette University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $968,862.99 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,914.28 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$64,562.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,914.28 $0.00 $0.00 $1,914.28
2 $1,914.28 $1,914.28 $0.00 $10.82 $3,839.38
3 $3,839.38 $1,914.28 $0.00 $21.71 $5,775.37
4 $5,775.37 $1,914.28 $0.00 $32.65 $7,722.30
5 $7,722.30 $1,914.28 $0.00 $43.66 $9,680.24
6 $9,680.24 $1,914.28 $0.00 $54.73 $11,649.25
7 $11,649.25 $1,914.28 $0.00 $65.87 $13,629.40
8 $13,629.40 $1,914.28 $0.00 $77.06 $15,620.74
9 $15,620.74 $1,914.28 $0.00 $88.32 $17,623.34
10 $17,623.34 $1,914.28 $0.00 $99.64 $19,637.26
11 $19,637.26 $1,914.28 $0.00 $111.03 $21,662.57
12 $21,662.57 $1,914.28 $0.00 $122.48 $23,699.33
13 $23,699.33 $1,914.28 $0.00 $134.00 $25,747.61
14 $25,747.61 $1,914.28 $0.00 $145.58 $27,807.47
15 $27,807.47 $1,914.28 $0.00 $157.23 $29,878.98
16 $29,878.98 $1,914.28 $0.00 $168.94 $31,962.20
17 $31,962.20 $1,914.28 $0.00 $180.72 $34,057.20
18 $34,057.20 $1,914.28 $0.00 $192.56 $36,164.04
19 $36,164.04 $1,914.28 $0.00 $204.48 $38,282.80
20 $38,282.80 $1,914.28 $0.00 $216.46 $40,413.54
21 $40,413.54 $1,914.28 $0.00 $228.50 $42,556.32
22 $42,556.32 $1,914.28 $0.00 $240.62 $44,711.22
23 $44,711.22 $1,914.28 $0.00 $252.80 $46,878.30
24 $46,878.30 $1,914.28 $0.00 $265.06 $49,057.64
25 $49,057.64 $1,914.28 $0.00 $277.38 $51,249.30
26 $51,249.30 $1,914.28 $0.00 $289.77 $53,453.35
27 $53,453.35 $1,914.28 $0.00 $302.23 $55,669.86
28 $55,669.86 $1,914.28 $0.00 $314.77 $57,898.91
29 $57,898.91 $1,914.28 $0.00 $327.37 $60,140.56
30 $60,140.56 $1,914.28 $0.00 $340.04 $62,394.88
31 $62,394.88 $1,914.28 $0.00 $352.79 $64,661.95
32 $64,661.95 $1,914.28 $0.00 $365.61 $66,941.84
33 $66,941.84 $1,914.28 $0.00 $378.50 $69,234.62
34 $69,234.62 $1,914.28 $0.00 $391.46 $71,540.36
35 $71,540.36 $1,914.28 $0.00 $404.50 $73,859.14
36 $73,859.14 $1,914.28 $0.00 $417.61 $76,191.03
37 $76,191.03 $1,914.28 $0.00 $430.80 $78,536.11
38 $78,536.11 $1,914.28 $0.00 $444.05 $80,894.44
39 $80,894.44 $1,914.28 $0.00 $457.39 $83,266.11
40 $83,266.11 $1,914.28 $0.00 $470.80 $85,651.19
41 $85,651.19 $1,914.28 $0.00 $484.28 $88,049.75
42 $88,049.75 $1,914.28 $0.00 $497.85 $90,461.88
43 $90,461.88 $1,914.28 $0.00 $511.48 $92,887.64
44 $92,887.64 $1,914.28 $0.00 $525.20 $95,327.12
45 $95,327.12 $1,914.28 $0.00 $538.99 $97,780.39
46 $97,780.39 $1,914.28 $0.00 $552.86 $100,247.53
47 $100,247.53 $1,914.28 $0.00 $566.81 $102,728.62
48 $102,728.62 $1,914.28 $0.00 $580.84 $105,223.74
49 $105,223.74 $1,914.28 $0.00 $594.95 $107,732.97
50 $107,732.97 $1,914.28 $0.00 $609.14 $110,256.39
51 $110,256.39 $1,914.28 $0.00 $623.41 $112,794.08
52 $112,794.08 $1,914.28 $0.00 $637.75 $115,346.11
53 $115,346.11 $1,914.28 $0.00 $652.18 $117,912.57
54 $117,912.57 $1,914.28 $0.00 $666.69 $120,493.54
55 $120,493.54 $1,914.28 $0.00 $681.29 $123,089.11
56 $123,089.11 $1,914.28 $0.00 $695.96 $125,699.35
57 $125,699.35 $1,914.28 $0.00 $710.72 $128,324.35
58 $128,324.35 $1,914.28 $0.00 $725.56 $130,964.19
59 $130,964.19 $1,914.28 $0.00 $740.49 $133,618.96
60 $133,618.96 $1,914.28 $0.00 $755.50 $136,288.74
61 $136,288.74 $1,914.28 $0.00 $770.60 $138,973.62
62 $138,973.62 $1,914.28 $0.00 $785.78 $141,673.68
63 $141,673.68 $1,914.28 $0.00 $801.04 $144,389.00
64 $144,389.00 $1,914.28 $0.00 $816.40 $147,119.68
65 $147,119.68 $1,914.28 $0.00 $831.84 $149,865.80
66 $149,865.80 $1,914.28 $0.00 $847.36 $152,627.44
67 $152,627.44 $1,914.28 $0.00 $862.98 $155,404.70
68 $155,404.70 $1,914.28 $0.00 $878.68 $158,197.66
69 $158,197.66 $1,914.28 $0.00 $894.47 $161,006.41
70 $161,006.41 $1,914.28 $0.00 $910.35 $163,831.04
71 $163,831.04 $1,914.28 $0.00 $926.32 $166,671.64
72 $166,671.64 $1,914.28 $0.00 $942.39 $169,528.31
73 $169,528.31 $1,914.28 $0.00 $958.54 $172,401.13
74 $172,401.13 $1,914.28 $0.00 $974.78 $175,290.19
75 $175,290.19 $1,914.28 $0.00 $991.12 $178,195.59
76 $178,195.59 $1,914.28 $0.00 $1,007.54 $181,117.41
77 $181,117.41 $1,914.28 $0.00 $1,024.06 $184,055.75
78 $184,055.75 $1,914.28 $0.00 $1,040.68 $187,010.71
79 $187,010.71 $1,914.28 $0.00 $1,057.39 $189,982.38
80 $189,982.38 $1,914.28 $0.00 $1,074.19 $192,970.85
81 $192,970.85 $1,914.28 $0.00 $1,091.09 $195,976.22
82 $195,976.22 $1,914.28 $0.00 $1,108.08 $198,998.58
83 $198,998.58 $1,914.28 $0.00 $1,125.17 $202,038.03
84 $202,038.03 $1,914.28 $0.00 $1,142.35 $205,094.66
85 $205,094.66 $1,914.28 $0.00 $1,159.64 $208,168.58
86 $208,168.58 $1,914.28 $0.00 $1,177.02 $211,259.88
87 $211,259.88 $1,914.28 $0.00 $1,194.49 $214,368.65
88 $214,368.65 $1,914.28 $0.00 $1,212.07 $217,495.00
89 $217,495.00 $1,914.28 $0.00 $1,229.75 $220,639.03
90 $220,639.03 $1,914.28 $0.00 $1,247.53 $223,800.84
91 $223,800.84 $1,914.28 $0.00 $1,265.40 $226,980.52
92 $226,980.52 $1,914.28 $0.00 $1,283.38 $230,178.18
93 $230,178.18 $1,914.28 $0.00 $1,301.46 $233,393.92
94 $233,393.92 $1,914.28 $0.00 $1,319.64 $236,627.84
95 $236,627.84 $1,914.28 $0.00 $1,337.93 $239,880.05
96 $239,880.05 $1,914.28 $0.00 $1,356.32 $243,150.65
97 $243,150.65 $1,914.28 $0.00 $1,374.81 $246,439.74
98 $246,439.74 $1,914.28 $0.00 $1,393.41 $249,747.43
99 $249,747.43 $1,914.28 $0.00 $1,412.11 $253,073.82
100 $253,073.82 $1,914.28 $0.00 $1,430.92 $256,419.02
101 $256,419.02 $1,914.28 $0.00 $1,449.83 $259,783.13
102 $259,783.13 $1,914.28 $0.00 $1,468.85 $263,166.26
103 $263,166.26 $1,914.28 $0.00 $1,487.98 $266,568.52
104 $266,568.52 $1,914.28 $0.00 $1,507.22 $269,990.02
105 $269,990.02 $1,914.28 $0.00 $1,526.56 $273,430.86
106 $273,430.86 $1,914.28 $0.00 $1,546.02 $276,891.16
107 $276,891.16 $1,914.28 $0.00 $1,565.58 $280,371.02
108 $280,371.02 $1,914.28 $0.00 $1,585.26 $283,870.56
109 $283,870.56 $1,914.28 $0.00 $1,605.05 $287,389.89
110 $287,389.89 $1,914.28 $0.00 $1,624.94 $290,929.11
111 $290,929.11 $1,914.28 $0.00 $1,644.96 $294,488.35
112 $294,488.35 $1,914.28 $0.00 $1,665.08 $298,067.71
113 $298,067.71 $1,914.28 $0.00 $1,685.32 $301,667.31
114 $301,667.31 $1,914.28 $0.00 $1,705.67 $305,287.26
115 $305,287.26 $1,914.28 $0.00 $1,726.14 $308,927.68
116 $308,927.68 $1,914.28 $0.00 $1,746.72 $312,588.68
117 $312,588.68 $1,914.28 $0.00 $1,767.42 $316,270.38
118 $316,270.38 $1,914.28 $0.00 $1,788.24 $319,972.90
119 $319,972.90 $1,914.28 $0.00 $1,809.17 $323,696.35
120 $323,696.35 $1,914.28 $0.00 $1,830.23 $327,440.86
121 $327,440.86 $1,914.28 $0.00 $1,851.40 $331,206.54
122 $331,206.54 $1,914.28 $0.00 $1,872.69 $334,993.51
123 $334,993.51 $1,914.28 $0.00 $1,894.10 $338,801.89
124 $338,801.89 $1,914.28 $0.00 $1,915.64 $342,631.81
125 $342,631.81 $1,914.28 $0.00 $1,937.29 $346,483.38
126 $346,483.38 $1,914.28 $0.00 $1,959.07 $350,356.73
127 $350,356.73 $1,914.28 $0.00 $1,980.97 $354,251.98
128 $354,251.98 $1,914.28 $0.00 $2,002.99 $358,169.25
129 $358,169.25 $1,914.28 $0.00 $2,025.14 $362,108.67
130 $362,108.67 $1,914.28 $0.00 $2,047.42 $366,070.37
131 $366,070.37 $1,914.28 $0.00 $2,069.82 $370,054.47
132 $370,054.47 $1,914.28 $0.00 $2,092.34 $374,061.09
133 $374,061.09 $1,914.28 $0.00 $2,115.00 $378,090.37
134 $378,090.37 $1,914.28 $0.00 $2,137.78 $382,142.43
135 $382,142.43 $1,914.28 $0.00 $2,160.69 $386,217.40
136 $386,217.40 $1,914.28 $0.00 $2,183.73 $390,315.41
137 $390,315.41 $1,914.28 $0.00 $2,206.90 $394,436.59
138 $394,436.59 $1,914.28 $0.00 $2,230.20 $398,581.07
139 $398,581.07 $1,914.28 $0.00 $2,253.64 $402,748.99
140 $402,748.99 $1,914.28 $0.00 $2,277.20 $406,940.47
141 $406,940.47 $1,914.28 $0.00 $2,300.90 $411,155.65
142 $411,155.65 $1,914.28 $0.00 $2,324.73 $415,394.66
143 $415,394.66 $1,914.28 $0.00 $2,348.70 $419,657.64
144 $419,657.64 $1,914.28 $0.00 $2,372.81 $423,944.73
145 $423,944.73 $1,914.28 $0.00 $2,397.05 $428,256.06
146 $428,256.06 $1,914.28 $0.00 $2,421.42 $432,591.76
147 $432,591.76 $1,914.28 $0.00 $2,445.94 $436,951.98
148 $436,951.98 $1,914.28 $0.00 $2,470.59 $441,336.85
149 $441,336.85 $1,914.28 $0.00 $2,495.38 $445,746.51
150 $445,746.51 $1,914.28 $0.00 $2,520.32 $450,181.11
151 $450,181.11 $1,914.28 $0.00 $2,545.39 $454,640.78
152 $454,640.78 $1,914.28 $0.00 $2,570.61 $459,125.67
153 $459,125.67 $1,914.28 $0.00 $2,595.96 $463,635.91
154 $463,635.91 $1,914.28 $0.00 $2,621.46 $468,171.65
155 $468,171.65 $1,914.28 $0.00 $2,647.11 $472,733.04
156 $472,733.04 $1,914.28 $0.00 $2,672.90 $477,320.22
157 $477,320.22 $1,914.28 $0.00 $2,698.84 $481,933.34
158 $481,933.34 $1,914.28 $0.00 $2,724.92 $486,572.54
159 $486,572.54 $1,914.28 $0.00 $2,751.15 $491,237.97
160 $491,237.97 $1,914.28 $0.00 $2,777.53 $495,929.78
161 $495,929.78 $1,914.28 $0.00 $2,804.06 $500,648.12
162 $500,648.12 $1,914.28 $0.00 $2,830.74 $505,393.14
163 $505,393.14 $1,914.28 $0.00 $2,857.57 $510,164.99
164 $510,164.99 $1,914.28 $0.00 $2,884.55 $514,963.82
165 $514,963.82 $1,914.28 $0.00 $2,911.68 $519,789.78
166 $519,789.78 $1,914.28 $0.00 $2,938.97 $524,643.03
167 $524,643.03 $1,914.28 $0.00 $2,966.41 $529,523.72
168 $529,523.72 $1,914.28 $0.00 $2,994.00 $534,432.00
169 $534,432.00 $1,914.28 $0.00 $3,021.76 $539,368.04
170 $539,368.04 $1,914.28 $0.00 $3,049.67 $544,331.99
171 $544,331.99 $1,914.28 $0.00 $3,077.73 $549,324.00
172 $549,324.00 $1,914.28 $0.00 $3,105.96 $554,344.24
173 $554,344.24 $1,914.28 $0.00 $3,134.34 $559,392.86
174 $559,392.86 $1,914.28 $0.00 $3,162.89 $564,470.03
175 $564,470.03 $1,914.28 $0.00 $3,191.60 $569,575.91
176 $569,575.91 $1,914.28 $0.00 $3,220.47 $574,710.66
177 $574,710.66 $1,914.28 $0.00 $3,249.50 $579,874.44
178 $579,874.44 $1,914.28 $0.00 $3,278.69 $585,067.41
179 $585,067.41 $1,914.28 $0.00 $3,308.06 $590,289.75
180 $590,289.75 $1,914.28 $0.00 $3,337.58 $595,541.61
181 $595,541.61 $1,914.28 $0.00 $3,367.28 $600,823.17
182 $600,823.17 $1,914.28 $0.00 $3,397.14 $606,134.59
183 $606,134.59 $1,914.28 $0.00 $3,427.17 $611,476.04
184 $611,476.04 $1,914.28 $0.00 $3,457.37 $616,847.69
185 $616,847.69 $1,914.28 $0.00 $3,487.75 $622,249.72
186 $622,249.72 $1,914.28 $0.00 $3,518.29 $627,682.29
187 $627,682.29 $1,914.28 $0.00 $3,549.01 $633,145.58
188 $633,145.58 $1,914.28 $0.00 $3,579.90 $638,639.76
189 $638,639.76 $1,914.28 $0.00 $3,610.96 $644,165.00
190 $644,165.00 $1,914.28 $0.00 $3,642.20 $649,721.48
191 $649,721.48 $1,914.28 $0.00 $3,673.62 $655,309.38
192 $655,309.38 $1,914.28 $0.00 $3,705.21 $660,928.87
193 $660,928.87 $1,914.28 $0.00 $3,736.99 $666,580.14
194 $666,580.14 $1,914.28 $0.00 $3,768.94 $672,263.36
195 $672,263.36 $1,914.28 $0.00 $3,801.07 $677,978.71
196 $677,978.71 $1,914.28 $0.00 $3,833.39 $683,726.38
197 $683,726.38 $1,914.28 $0.00 $3,865.89 $689,506.55
198 $689,506.55 $1,914.28 $0.00 $3,898.57 $695,319.40
199 $695,319.40 $1,914.28 $0.00 $3,931.44 $701,165.12
200 $701,165.12 $1,914.28 $0.00 $3,964.49 $707,043.89
201 $707,043.89 $1,914.28 $0.00 $3,997.73 $712,955.90
202 $712,955.90 $1,914.28 $0.00 $4,031.16 $718,901.34
203 $718,901.34 $1,914.28 $0.00 $4,064.77 $724,880.39
204 $724,880.39 $1,914.28 $0.00 $4,098.58 $730,893.25
205 $730,893.25 $1,914.28 $0.00 $4,132.58 $736,940.11
206 $736,940.11 $1,914.28 $0.00 $4,166.77 $743,021.16
207 $743,021.16 $1,914.28 $0.00 $4,201.15 $749,136.59
208 $749,136.59 $1,914.28 $0.00 $4,235.73 $755,286.60
209 $755,286.60 $1,914.28 $0.00 $4,270.50 $761,471.38
210 $761,471.38 $1,914.28 $0.00 $4,305.47 $767,691.13
211 $767,691.13 $1,914.28 $0.00 $4,340.64 $773,946.05
212 $773,946.05 $1,914.28 $0.00 $4,376.00 $780,236.33
213 $780,236.33 $1,914.28 $0.00 $4,411.57 $786,562.18
214 $786,562.18 $1,914.28 $0.00 $4,447.34 $792,923.80
215 $792,923.80 $1,914.28 $0.00 $4,483.31 $799,321.39
216 $799,321.39 $1,914.28 $0.00 $4,519.48 $805,755.15
217 $805,755.15 $1,914.28 $218,215.19 $4,555.86 $594,010.10
218 $594,010.10 $1,914.28 $0.00 $3,358.62 $599,283.00
219 $599,283.00 $1,914.28 $0.00 $3,388.43 $604,585.71
220 $604,585.71 $1,914.28 $0.00 $3,418.42 $609,918.41
221 $609,918.41 $1,914.28 $0.00 $3,448.57 $615,281.26
222 $615,281.26 $1,914.28 $0.00 $3,478.89 $620,674.43
223 $620,674.43 $1,914.28 $0.00 $3,509.38 $626,098.09
224 $626,098.09 $1,914.28 $0.00 $3,540.05 $631,552.42
225 $631,552.42 $1,914.28 $0.00 $3,570.89 $637,037.59
226 $637,037.59 $1,914.28 $0.00 $3,601.90 $642,553.77
227 $642,553.77 $1,914.28 $0.00 $3,633.09 $648,101.14
228 $648,101.14 $1,914.28 $0.00 $3,664.46 $653,679.88
229 $653,679.88 $1,914.28 $233,490.25 $3,696.00 $425,799.91
230 $425,799.91 $1,914.28 $0.00 $2,407.53 $430,121.72
231 $430,121.72 $1,914.28 $0.00 $2,431.97 $434,467.97
232 $434,467.97 $1,914.28 $0.00 $2,456.55 $438,838.80
233 $438,838.80 $1,914.28 $0.00 $2,481.26 $443,234.34
234 $443,234.34 $1,914.28 $0.00 $2,506.11 $447,654.73
235 $447,654.73 $1,914.28 $0.00 $2,531.10 $452,100.11
236 $452,100.11 $1,914.28 $0.00 $2,556.24 $456,570.63
237 $456,570.63 $1,914.28 $0.00 $2,581.52 $461,066.43
238 $461,066.43 $1,914.28 $0.00 $2,606.94 $465,587.65
239 $465,587.65 $1,914.28 $0.00 $2,632.50 $470,134.43
240 $470,134.43 $1,914.28 $0.00 $2,658.21 $474,706.92
241 $474,706.92 $1,914.28 $249,834.57 $2,684.06 $229,470.69
242 $229,470.69 $1,914.28 $0.00 $1,297.46 $232,682.43
243 $232,682.43 $1,914.28 $0.00 $1,315.62 $235,912.33
244 $235,912.33 $1,914.28 $0.00 $1,333.88 $239,160.49
245 $239,160.49 $1,914.28 $0.00 $1,352.25 $242,427.02
246 $242,427.02 $1,914.28 $0.00 $1,370.72 $245,712.02
247 $245,712.02 $1,914.28 $0.00 $1,389.29 $249,015.59
248 $249,015.59 $1,914.28 $0.00 $1,407.97 $252,337.84
249 $252,337.84 $1,914.28 $0.00 $1,426.75 $255,678.87
250 $255,678.87 $1,914.28 $0.00 $1,445.65 $259,038.80
251 $259,038.80 $1,914.28 $0.00 $1,464.64 $262,417.72
252 $262,417.72 $1,914.28 $0.00 $1,483.75 $265,815.75
253 $265,815.75 $0.00 $267,322.99 $1,502.96 -$4.28