What is a Children Education Planner?
Education planning has two separate moving parts: the cost itself may rise faster than general inflation, while the money set aside for that goal may grow at an uncertain investment return. This planner keeps those assumptions separate.
Enter the child’s current age, expected education start age and today’s estimated education cost. The result shows the inflated future cost, what existing savings could become, and both a monthly-SIP and lumpsum solution for the remaining gap.
Future education cost and funding gap
The required SIP and required lumpsum are both calculated from the same funding gap so you can compare funding modes without changing the goal.
Why education inflation deserves its own assumption
Tuition, accommodation, travel and specialised-course costs do not necessarily move at the same rate as household inflation. Keeping education inflation separate makes the plan transparent instead of hiding the most important assumption.
Plan for a range, not a single point estimate
Try a lower investment return and a higher education-inflation assumption together. If the goal still remains fundable, the plan has more room for real-world surprises.
Frequently asked questions
Why does the calculator show both SIP and lumpsum?
They are two ways to close the same funding gap. You can use either one or combine them outside the calculator.
Can I use this for overseas education?
Yes, but you should add your own buffer for currency risk, travel and location-specific living costs.
What if education begins before the selected age?
Change the starting-age assumption. A shorter horizon typically increases both the SIP and lumpsum required.