Education Planning
Learning from Experience
Sending a child to private school or enabling them to continue onto university is increasingly becoming an objective for many parents but unfortunately the cost is increasing at an alarming rate.
Starting to plan for a childs education at birth may appear premature but this is precisely the right time to be considering this option. Making prudent decisions at that time can ensure that sufficient capital is available to meet your objectives and can assist towards potential costs e.g.:
According to The Independent Schools Council (ISC) , whose member schools account for around 80% of the total number of pupils in independent schools in the UK,
- the average fee for day school is £14,289 per year or £34,695 for full time boarding.
- the cost of Private Education has increased by 49% in the last 10 years.
- the total estimated cost of Private Education for a child aged 4 years, through to 18 years old, at day school, is now estimated to be £184,782.
All to often without careful financial planning, serious sacrifices may have to be made which could impact upon your standard of living. When we review your financial and life objectives we can determine what is possible to enable you to assist in the support and learning opportunities of younger generations.
THE VALUE OF SOME OF YOUR INVESTMENTS ARE NOT GUARANTEED AND CAN GO UP OR DOWN DEPENDING UPON INVESTMENT PERFORMANCE. YOU COULD GET BACK LESS THAN YOU HAVE PAID IN.
