Child Plan Creator Tool

This tool is going to help you in planning your child future education expenses. Most of the Child Plans in markets are complex and with high charges and they over-focus on investment part then security, also its not customizable as per your exact need. With this tool, you will be able to design your own child plan with your own numbers, you can define how much income your family should get on regular basis, how much should be a money accumulated for your child higher education. This tool gives you the combination of term plan and other investment which can secure your child future in case you die or survive. The best part of this tool is that its very flexible in terms of tenure and the amount to plan.

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{ 4 comments… read them below or add one }

Prasad Gupta November 26, 2012 at 5:35 pm

Its a good tool.

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Jagoinvestor Wealth Club Support November 27, 2012 at 1:38 pm

THanks Prasad . I hope you used it and planned something 🙂 . Share about wealth club with more people

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Ramakrishna Allam December 4, 2012 at 1:15 pm

good attempt.. But…

In case I survive, the tool suggests me to save 102583 on an yearly basis so that it gets accumulated to 40L at the end of 20 yrs – for my child’s higher education.
1. But for current education, (which is 1L per anum) , nothing was suggested. It is assumed that if I survive, I will take care of her current education?
2. What is the best way to save 102583 on an early basis – Can you please suggest that as well, so that people can make informed decisions.

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Jagoinvestor Wealth Club Support December 12, 2012 at 5:24 pm

Ramakrishna

The tool is focused on the plan in case you do not survive , its for future expenses in your absense . Incase you are alive as they are recurring expenses, you need to provide for the recurring expenses. anywyas you would need some resources for that.

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