Money summit2013 education planning
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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
Thank you!
