Child Education Fund & Savings Plan Takaful Calculator
Among the most critical objective in any parent’s life is securing a bright future for their children. The cost of education continues to soar, so preparation is crucial. Starting early gives you a head start in planning your child's higher education. Begin by calculating how much you're likely to need save for your child's education fund - to give your children the best education they deserve!
How old is your child today?
At what age will your child be starting his/her higher education?
Which country would you send your child for further study?
Disclaimer: These are average costs and actual costs may differ. Cost of living is not included. Country
Total Cost (RM)
Country
Australia
Total Cost (RM)
Country
Canada
Total Cost (RM)
Country
Ireland
Total Cost (RM)
Country
Malaysia
Total Cost (RM)
Country
New Zealand
Total Cost (RM)
Country
United Kingdom
Total Cost (RM)
Country
USA
Total Cost (RM)
Country
Singapore
Total Cost (RM)
* 4 years course
Here are your estimated coverage needs
Your child is now
3
3
Starts higher education at
9
9
You're planning for them to study in
Medical
Medical
Factoring an inflation rate of
%,
and an investment rate at
%,
the future value needed for your child will be S$366,572.75
To achieve your goal, you will need to save
S$100,000 per month from now
How do I start?
The above may sound hard to achieve, but we can help. At Great Eastern Takaful, we build solutions made to see you reach your goals. Simply contact a Great Eastern Takaful Advisor now for advice. Or click on the button below to learn more about our selection of relevant plans!
Notes: This calculator is intended to provide estimates only.
Please speak to a licensed Great Eastern Takaful Advisor for a recommendation tailored to your specific needs.
Please speak to a licensed Great Eastern Takaful Advisor for a recommendation tailored to your specific needs.