Education · Clarivo Finance Editorial
Planning for a child’s education without guessing one giant number
Break an education goal into timing, current cost, inflation, contributions and regular reviews.
Define the goal before funding it
Begin with the education stage you want to support and the approximate year the money may be needed.
Use assumptions carefully
Education costs can rise faster or slower than general household inflation. Treat your selected rate as an adjustable planning assumption.
Review without panic
Review the plan each year and after a change in school choice, income or family size.