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Education calculator

Find out how much you should be saving to cover the cost of your child's education

How much should I be saving to pay for my child's education?

Work out how much to save to cover your child’s education expenses, and how long it'll take.

What’s this calculator for?

This calculator can help you to:

  • find out how much money you could have by the time your child starts their education
  • see how your savings and investments could impact your funds
  • decide if you'd like to discuss your savings plan with us
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For the purposes of this calculator, your child's current age should be less than the age at which they will require funding.
How much you'll have when education starts
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Average investment return -
Below average investment return -
How much you'll have left to reach your target
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Average investment return -
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How much you will have saved each month
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Average investment return -
Below average investment return -
High investment return Average investment return Below average investment return
How much you'll have when education starts
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How much you'll have left to reach your target
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How much you will have saved each month
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If you've chosen a secure investment risk level, you will only see a blue line as this is a savings-only option with zero investment risk.

 

What to do next

 

If the results aren't what you were expecting, try adjusting your choices to reduce the time it could take to reach the target amount for your children's education fund. Although, this calculator doesn't represent a guarantee.

 

If you have more than one child, you can use the calculator again once you have your first results.

 

You can also book an appointment with our expert financial advice team to discuss your results and take your savings further.

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