How much will I need to save for my child's education?
Work out how much to save to cover your children's education expenses, and how long it'll take
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 plan with us
|
How much you'll have when education starts
|
|
|---|---|
| High investment return | - |
| Average investment return | - |
| Below average investment return | - |
|
How much you'll have left to reach your target
|
|
| High investment return | - |
| Average investment return | - |
| Below average investment return | - |
|
How much you will have saved each month
|
|
| High investment return | - |
| 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
|
- | - | - |
|
How much you'll have left to reach your target
|
- | - | - |
|
How much you will have saved each month
|
- | - | - |
- Secure
- Very cautious
- Cautious
- Balanced
- Adventurous
- Speculative
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.
You may also be interested in
Financial planning services
Get expert guidance at no cost to create a personalised financial plan to help you save for your child's education.
Investments
A range of opportunities to make your money work harder for you.
How to teach kids about money
It's never too early to start learning about financial literacy and responsible spending.
Preparing for your child's education
Invest in your child’s future and help them to fulfil their educational potential with a good savings strategy.
Important information
The value of investments and any income they generate can go down as well as up, meaning you may not get back the full amount you invested. Past performance is not indicative of future performance.
These products and services are offered only in jurisdictions where and when they may be lawfully offered by HSBC Bank Bermuda Limited and the material on these pages is not intended for use by persons located in or resident in jurisdictions which restrict the distribution of this material by us. Persons accessing these pages are required to inform themselves about and observe any relevant restrictions. These pages should not be regarded as an offer or solicitation to sell investments or make deposits in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdictions. This information is not intended to provide professional advice and should not be relied upon in that regard. Persons accessing these pages are advised to obtain appropriate professional advice where necessary.
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority. HSBC Global Asset Management (Bermuda) Limited of 37 Front Street, Hamilton, Bermuda, is a wholly owned subsidiary of HSBC Bank Bermuda Limited. Funds managed by HSBC Global Asset Management (Bermuda) Limited are offered by prospectus only in those jurisdictions where they are permitted by law. HSBC Global Asset Management (Bermuda) Limited makes no representation as to the suitability of the funds for investors. HSBC Global Asset Management (Bermuda) Limited is licensed to conduct investment business by the Bermuda Monetary Authority.
Disclosure
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.