Education Fund
Future university cost and the monthly savings to reach it.
Inputs
How this is calculated
Future annual cost = today's cost × (1 + inflation)years. Total cost = future annual × duration.
Monthly saving = gap × i / ((1 + i)n − 1), with i = return ÷ 12 and n = months until university, after subtracting the future value of current savings.
Estimate
Total future cost
HK$1,663,143
HK$415,786/yr at start
Required monthly saving
HK$5,833
Current savings grow to HK$103,946
For information only. Not advice, recommendation, or solicitation. Data has not been independently verified — always verify directly with the authorised intermediary or fund provider before making decisions.