Children's Future Calculator
Plan for your child education and marriage goals together. Find out the combined monthly SIP needed, accounting for different inflation rates for each goal.
Education Goal
Marriage Goal
Future Education Cost
₹69.05 L
Future Marriage Cost
₹1.16 Cr
Total Monthly SIP
₹29,985
SIP for Education
₹18,367
SIP for Marriage
₹11,619
Results shown are estimates based on assumed annual returns and are for illustrative purposes only. Actual returns will vary.
Planning for two big goals at once
A child's future typically involves two big milestones: higher education (often in early 20s) and marriage (slightly later). This calculator plans for both in one place - the inflation-adjusted future cost of each, the SIP needed for each separately, and the combined monthly SIP your family needs. The two goals usually need different fund mixes because their time horizons differ: education tends to be 15-20 years away, marriage 22-28 years. Both work well with equity SIPs and can be supplemented with Sukanya Samriddhi if your child is a girl.
How to use the Children's Future Calculator
- Enter the child's current age. Year zero for the plan.
- Enter education cost today and target age. Most plan for higher education at age 18.
- Enter marriage cost today and target age. Common range is 24-28.
- Set inflation and expected return. Education inflation 8-10%; marriage inflation 6-8%; equity return 10-12%.
- Review the combined plan. See SIPs for each goal and the combined monthly amount needed.
How this calculator helps parents
- Two goals, one view. No more juggling two plans in your head.
- Future-rupee realism. See the inflated cost, not just today's number.
- Earlier start = smaller SIP. Each year delayed sharply increases the SIP needed.
- Layer with Sukanya Samriddhi. For a girl child, SSY's 8.2% tax-free is a strong base layer.
- Reset the plan every 2-3 years. Costs evolve and your income grows - both can be re-tuned.