A Child's Education Planning Calculator allows you to calculate how much amount you need to invest from now to giveyour child a hassle free education. In our calculator you can get investment amount with inflation also. It helps to find right time duration for investment to achive your goal. It also gives you perfect estimate of the returns you would get on your investment for your child's education.
| Input | Description |
|---|---|
| Amount required to achieve goal | This is your desirable amount that you want for your child's education |
| Money required after years | Time duration in years after which you require money |
| Expected rate of return | This is the percentage return per year at which you want to invest your money |
| Inflation rate | The rate at which prices increase over time |
| Output | Description |
|---|---|
| Total Amount Required | This is your desirable amount that you want for your child's education |
| Future Value of Amount Required | It is the future value of your required amount. It is the value of a current amount(in our case, required amount) after required years depending upon the inflation rate |
| Lumpsum Investment Required | It is one-time investment that you can do to get you desirable future amount after retirement |
| SIP Investment - Monthly Investment Required of | It is SIP investment (monthly investment) till your retirement age that you can do to get you desirable future amount after retirement |
To calculate required invesment, enter your future amount you will need for your goal, time duration after which you need that amount then rate of return whuich you are expecting on your investment and add inflation rate which is currenctly 5%.
SIP Investment - Systematic investment planning. In this investment type you can invest a small amount every month over the particular time period and get returns on your investment. You can start investing with small amount
Lumsum Invesment - One time investment of a big amount. In this type of investment you are able to invest big amount at one go over perticular time duartion. No need of investing every month.