Education Planning Calculator
Plan for your child's education expenses and determine how much you need to save.
Plan Your Child's Education
Your Education Fund Plan
65%
of your goal has been met
You need to invest 50,000 / month
Child Education Savings Goal ₹45,25,000
Your Projected Savings ₹1,40,46,295
You need to save ₹2,50,46,295
Education Planning Knowledge Center
Smart Education Planning Strategies
Planning for your child's education requires foresight and discipline. Here are proven strategies:
- Start Early: Begin investing as soon as possible to benefit from the power of compounding
- Dedicated Education Fund: Create a separate investment portfolio specifically for education
- Systematic Investment Plan (SIP): Regular monthly investments help build discipline and average out market volatility
- Consider Education Inflation: Education costs typically rise faster than general inflation
Education Saving Tips
Maximize your education fund with these practical tips:
- Increase your SIP amount annually by 5-10% to match your income growth
- Explore education insurance plans that combine insurance with investment
- Review and rebalance your education portfolio annually
Frequently Asked Questions
Q: How much should I save for my child's education?
A: This depends on the type of education, location, and when your child will need the funds. Use our calculator to get a personalized estimate.
Q: When should I start planning for my child's education?
A: Ideally, start as early as possible - even from birth. The longer your investment horizon, the lower your monthly contribution needs to be.
Q: What are the best investment options for education planning?
A: A mix of equity mutual funds for long-term growth and debt instruments for stability is often recommended. The exact allocation depends on your child's age and your risk tolerance.
Q: How does education inflation affect my planning?
A: Education costs in India have been rising at approximately 10-12% annually, significantly higher than general inflation. This makes early planning crucial.