Define the Goal
Identify the type of education you want to plan for and when those expenses may occur.
Planning for education
Invest in their future.
Start today.
Education is one of life's most important investments. Build a thoughtful plan that can help you prepare for future education expenses while staying aligned with your broader financial goals.
Education planning
A plan can help turn
big dreams into possibilities.
The cost of education can change significantly over time. Starting early can give your savings more time to grow and may help reduce the financial pressure when education expenses eventually arrive.
Whether you are planning for a young child, a teenager approaching university, or your own future education, a clear strategy can help you understand where you are today and what steps may be appropriate next.
Start Early
More time may provide greater flexibility when building your education fund.
Set Clear Goals
Define the education goals and timeframes that matter most to your family.
How it works
Build your education
savings strategy.
Every family has different priorities. Your plan can be built around your expected education expenses, your timeline and the level of flexibility you want.
Estimate Costs
Consider tuition, accommodation, books, living expenses and other potential costs.
Choose a Strategy
Explore savings and investment approaches that fit your goals, timeline and risk preferences.
Review Regularly
Adjust your strategy as your circumstances, goals and education timeline change.
Explore your options
Different ways to prepare.
Your education plan may include a combination of savings, investments and tax-aware strategies depending on your circumstances and goals.
Education Savings
Build dedicated savings for future education expenses while keeping your goals and timeline in focus.
Learn More
Investment Planning
Invest according to your education timeline while considering market risk and your broader financial situation.
Explore Investing
Financial Guidance
Connect your education goals with retirement, savings and other important parts of your financial plan.
Explore PlanningPlanning together
Education planning is part of the bigger picture.
Preparing for education should not happen in isolation. A thoughtful plan can help you balance education goals with retirement, emergency savings and other priorities.
Explore Financial PlanningEducation Savings
Build a dedicated strategy for future education costs.
Protect Other Goals
Consider how education planning fits alongside retirement and other financial priorities.
Stay Flexible
Review your plan as costs, timelines and family circumstances evolve.
Questions
College planning FAQs.
When should I start planning for education?
Starting early may give you more flexibility and more time to build savings or investments. However, education planning can still be valuable even when the education timeline is closer.
How much should I save for college?
The amount depends on your expected education costs, timeline, existing savings and other financial priorities. A plan can help you estimate a target and determine what contributions may be appropriate.
Should education planning affect my retirement savings?
Education goals are one part of a broader financial plan. It can be helpful to consider education savings alongside retirement planning, emergency savings and other important goals.
Can I adjust my plan later?
Yes. Your circumstances and education goals can change over time, so reviewing your strategy periodically can help ensure it continues to reflect your priorities.
Take the next step
Start preparing for tomorrow today.
Explore your education planning options and build a strategy around the goals that matter most to you and your family.
