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Education Savings Calculator

See how your savings could grow — and whether you'll have enough when the time comes.

£
£

Your savings at age 18

£44,637

Total contributions£31,200
Investment growth13,437
Years saving13

Target vs projected savings

Estimated cost (university)£59,286
Your projected savings£44,637
Shortfall£14,649

To close the gap, you'd need to save an extra £94/month — or start earlier.

Savings growth over time

Age 6
£2,520
Age 7
£5,166
Age 8
£7,944
Age 9
£10,862
Age 10
£13,925
Age 11
£17,141
Age 12
£20,518
Age 13
£24,064
Age 14
£27,787
Age 15
£31,696
Age 16
£35,801
Age 17
£40,111
Age 18
£44,637
Contributions Growth

Where to save — your options

Junior ISA

Max £9,000/year. Tax-free growth. Child gets the money at 18 — they control it then. Best for most families.

Regular savings account

Lower returns but no risk. Good for shorter timeframes (under 5 years) or if you want flexibility.

Investment account (in your name)

You keep control of when and how to use it. Capital gains tax may apply, but you decide when the child gets it.

Junior SIPP

Pension for your child — unusual but powerful for very long-term. They can't access it until retirement age (57+).