Money summit2013 education planning

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Transcript of Money summit2013 education planning

Education Planning

Education Planning

P.I.I.

Project

Insure

Invest

Project

2003

Php100,000/year

Tuition fee

2013

Php180,000/year

2003

6%/year

2013

2013

6%/year

2028

2028

Php460,000

1st year college

2029

Php485,000

2nd year college

2030

Php514,000

3rd year college

2031

Php545,000

4th year college

Php2,004,000Total college tuition

Insure

What?

Dreams

How much?

(K+12)+CollegeTotal tuition Total

Tuition

Php3,700,000In my case...

Why?

2013

Php75,000/year

2028

invest

THE PLAN

2013

Php75K

Without Insurance

2017

Php75K

Without Insurance

2018Grade 2

R.I.P

2018

??? /year

2028

invest

Without Insurance

2028

???

Without Insurance

2013

Php75K

With Insurance

2017

Php75K

With Insurance

2018Grade 2

R.I.P

2018 2028

With Insurance

Php3,700,000

2028

Php2,004,000

With Insurance

Invest

Where?

stocksmutual funds

UITFs VULs

bonds

How much?

Php75,000/yearIn my case...

For how long?

15 yearsIn my case...

Why?

2013 2028

Php2,036,000

Php1,297,000

Invest @ 8%Save @ 2%

P.I.I.

Project

Insure

Invest

jeremyjessley@gmail.com

Thank you!