Child future planner

It is not only about university. The tool helps with wider planning for your child: studies, but also a first capital sum for a car, a move or setting up a first home. It helps parents turn love into a concrete plan.

You will need the amount for studies and living costs in today’s money, the extra first capital you want, the years until the goal and whatever is already set aside. You also say whether a parent’s life cover protects the goal.

Sign in or create a free account to save results and share them with your advisor when you choose.

How to read the result

The tool adds studies and first capital, raises the total with inflation up to the year of the goal and takes away what your current savings will have grown to by then. The main result is the monthly saving needed; you also see the shortfall and the total of your deposits. The method is the same as the education savings goal.

If there is life cover, the tool reminds you to check that the sum insured covers at least the shortfall. If there is none, it flags this as a point to discuss, because the goal then relies only on saving continuing. When the goal is more than 5 years away, it also shows how much the monthly effort would rise if you started 5 years later.

What you can do next

• See whether your life cover is enough for the whole family with the life cover quick guide.
• Read the education guide and the article on saving for studies, with protection.
• Listen to the Podcast episode on your child’s future.
• Book an appointment to look at saving and protection together.

If you are signed in, you can save the result to My reports and, only if you choose to, send it to your advisor; nothing is shared automatically.

An estimate, not investment advice. Inflation compounds yearly; the return is nominal, compounds monthly and is not guaranteed. A level deposit at the end of each month is assumed; taxes, fees and market swings are not considered.