If you cannot fully fund both goals, prioritise retirement first. No one lends you money to retire, but education loans, scholarships, and part-time work can help bridge a college funding gap. Protect your EPF, NPS, and retirement SIPs first. Then direct whatever surplus remains into a dedicated child education fund. Key Facts PPF pays 7.1%
Planning for Your Child’s Education: How Much to Save, Starting When Direct Answer: For a child born today, a professional degree (engineering/medical) that costs about ₹15-20 lakh today can cost ₹60-85 lakh in 17-18 years at typical education-cost inflation. Starting a SIP of roughly ₹8,000-10,000/month from birth, alongside a Sukanya Samriddhi Yojana (SSY) or PPF
Quick answer: Education costs in India are rising 10–12% a year — nearly double general inflation. A ₹20 lakh degree today can cost roughly ₹83 lakhs in 15 years. Starting a SIP as early as possible, combined with ELSS, SSY, and PPF in the right mix, is how families realistically bridge that gap. Key Facts
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