Child Education Expense Planner Calculator

The child education planning calculator is a simple online tool to help you plan for your child’s education needs in the future. The calculator is designed by experts based on current market analysis. It has a box and based on a formula, your inputs are required like the current cost of education, rate of inflation, your child's current age and the age at which your child will need the money is taken into consideration. In a few seconds, the future cost will be displayed. If you are able to add your expected returns and any other investments aside, it will give you an accurate sum that will be required.

We have listed below the benefits of using a Child Education Planning Calculator:

• In a few easy steps, it gives you the exact amount that you would require for your child’s education in the future.
• It takes into account all the necessary parameters and specific values to help compute the right corpus requirement.
• Once the calculator gives the exact amount, it will help put together a roadmap to accomplish your financial goal.
• It takes into account the current age of your child, your savings & expenses and the current value of higher education to generate an accurate amount and give you an idea about the investment required to send your child abroad.
• The calculator is also designed to give the best investment plans or financial instruments for your child’s future and goals.
• It also shows you how much sum is required to save each month to cover the future cost of your child’s education. 
• You must use the Child Education Planning Calculator to help you lead your goals to success.

Investing in a child education plan can help you meet your child’s dream. With the increasing cost of quality education, it is important to plan and invest early to meet the future costs of higher education required for your child. The HDFC Life Child Education Planning Calculator will help you determine and compute the sum required to fulfil your child’s educational goals and how much you need to save every month to achieve the financial corpus.

The HDFC Life Child Education Planning Calculator is easy and widely used in India by parents to help them plan for their child’s education. With few inputs, the calculator will show the estimated amount that will be required that also accounts for an estimated rate of inflation.

To use the HDFC Life Child Education Planning Calculator you need to follow the following steps:

• Step 1: You must enter the present age of your child.
• Step 2: You then fill up the current estimated cost of education
• Step 3: Choose your goal or the dream profession of your child
• Step 4: Enter the expected rate of return from the investment.
• Step 5: Account for the rate of inflation you are expecting.
• Step 6: If you have already set aside some money for the child’s higher education, you must fill up that amount.

Based on your inputs the HDFC Life Child Education Planning Calculator will show you the investment required every month to meet the financial corpus required for your child’s higher education.

It will also recommend the best plans for you to invest based on the results that you can explore.