How this is worked out
- Every cost you enter is in today's prices, per year. Each year it rises by the education inflation you set, so a ₹2.5 lakh fee becomes about ₹6.5 lakh in 10 years at 10%.
- Your child's age decides when each stage happens: nursery to KG, then Class 1 to 12, then college. Coaching is counted in the last years of school.
- What you can set aside each year is your household take-home pay, growing with your pay rises, times the share you choose for education.
- Each stage is compared with what you can set aside during those years: covered, borderline (short by up to 10%), or short.
- The SIP is the monthly amount, invested from today at the return you set, that would cover every year's shortfall. It's an estimate: start earlier and it's smaller.
Questions people ask
Why 10% education inflation?
Private school and college fees in India have been rising roughly 10–12% a year, well above general inflation. If your child's school publishes fee hikes, use those.
What do private schools charge?
Mid-range private schools in big cities often charge ₹1–1.2 lakh a year in fees, plus transport and books. International schools can charge ₹2.5–3.5 lakh a term, plus one-time admission and development fees.
Where should I keep money for my child's education?
For goals 10+ years away, equity mutual funds (through a SIP) have historically beaten inflation. As the date comes within 3–5 years, move money gradually into safer debt funds or FDs. Sukanya Samriddhi is an option for a daughter.
Should I include a master's degree or studying abroad?
Change the college years and costs to match your plan. Studying abroad can cost ₹30–60 lakh or more for a master's at today's prices, so plan it as its own goal.
Is my data saved anywhere?
No. Everything is worked out in your browser. Your last numbers stay on your own device, and the page link holds them so you can share them.