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Education Planning

To have the substantial funds required for the growing education expenses for your children, a good savings plan needs to be in place.   Apart from aiming for the required growth, a balance in the savings portfolio is needed so as not to endanger funds set aside for education.  As your children grow, the portfolio needs to be adjusted from a higher risk, higher return, less liquid portfolio to a low risk, high liquidity portfolio. 

 

Some numbers (2004 costs) to alert you on the substantial amount of savings required: