Goal Planning
Child Education Planner
Project your child's inflation-adjusted education cost and find the monthly SIP needed to fund the goal on time.
Years Left
Inflation-Adjusted Goal
Gap to Fund
Required Monthly SIP
Goal Funding Breakdown
Education inflation is typically higher than general inflation. SIP calculated using FV Annuity Due formula with monthly compounding. Results are indicative only.
What is a Child Education Planner?
A Child Education Planner calculates how much you need to invest monthly today to fund your child's higher education in the future — accounting for education inflation. Education costs in India have been rising at 8–10% annually, significantly outpacing general inflation. A goal that costs ₹20 lakh today could cost ₹60–80 lakh by the time your child is 18.
The planner works backwards from an inflation-adjusted future goal to compute the exact monthly SIP required. It also accounts for any existing investments you've already made for this goal, reducing the required SIP accordingly. Starting early is crucial — even a few extra years of compounding can halve the monthly SIP needed.
How to Use This Child Education Planner
- 1
Enter your child's current age and education start age
The difference gives your investment horizon. If your child is 5 and higher education starts at 18, you have 13 years — enough time for compounding to work significantly.
- 2
Enter the goal amount in today's value
Think of what a quality education costs today — engineering/medical: ₹15–50 lakh, IIM/IIT: ₹25–50 lakh, abroad: ₹50 lakh–₹2 crore. The planner inflates this to future cost automatically.
- 3
Set education inflation and SIP return rate
Use 8% for education inflation (higher than general ~6%). Use 12% for diversified equity SIPs. The gap between inflation and return determines how fast you need to save.
- 4
Add any existing investments
If you've already invested in Sukanya Samriddhi, PPF for child, or mutual funds for this goal, enter the current corpus. The planner projects its growth and reduces the monthly SIP required.
Why Start Planning Early?
Time Reduces SIP Dramatically
Starting when your child is 2 instead of 12 can reduce the monthly SIP by 60–70% for the same goal — the power of a longer compounding runway.
Education Inflation is Real
Education costs have been rising at 8–10% annually. What costs ₹20 lakh today will cost ₹50–60 lakh in 15 years. Planning today prevents financial stress tomorrow.
Dedicated Goal-Based Investing
Keeping a separate investment for your child's education prevents dipping into retirement savings and ensures the money is available when needed most.
More Options for Your Child
A well-funded education corpus gives your child the freedom to choose their preferred institution — domestic or abroad — without being constrained by financial limitations.
Save this education goal in your planner
Save your calculation, set a target, and get a personalised plan — all free.
Add to My Financial Plan — FreeRelated Articles
Deep-dive guides to help you make better financial decisions.
Sukanya Samriddhi Yojana vs Mutual Funds for Daughter
SSY offers guaranteed, tax-free returns with government backing. Equity mutual funds offer potentially higher growth ov…
Read article →SIP to Become a Crorepati: Monthly Amount Calculator
Becoming a crorepati sounds out of reach, but with disciplined SIP investing and the power of compounding, it is more a…
Read article →Step-Up SIP Calculator: 10% Annual Increase Benefits
A regular ₹10,000 SIP over 20 years builds ₹76 lakh. The same SIP stepped up 10% annually builds ₹1.9 crore. Here's the…
Read article →FAQs