This is the current age of your child which should be entered in whole years. For new born children enter 0.
This is the number of years your child will be in education for the period you wish to fund. e.g. If you wish to fund university your child may attend for 3-4 years depending on the course.
This is the current amount you have set aside for your child's education. This must be for the sole use of funding your child's education and include liquid assets e.g. cash or realisable shares but excluding property. If you wish to fund more than one child's education please state the proportion of your current savings that you would like to use in this calculation. Note: Each child will require a separate calculation.
This is the annual amount you currently save or intend to save for your child's education. If you wish to fund more than one child's education please state the proportion of the annual amount that you would like to use in this calculation. Note: Each child will require a separate calculation.
This is the annual cost of your child's education. As a minimum you should include the cost of tuition. You may wish to include the cost of accommodation, travel, living expenses, academic books and journals.
This is the annual rate at which you expect your savings/investments to grow. Remember this should be realistic and should represent an average rate of return across all types of savings/investments you may hold.
Adjust the sliders to get your recommendations.