When it comes to your children’s future, you want nothing but the very best. But for most parents, responsibilities like saving up for their higher education and marriage result in unwarranted stress.
With the increasing cost expenses in Pakistan, it’s important that you start to save for your child’s future from an early age so you can meet those future expenses in time and with ease.
Here’s how much you’ll need to save over time
| 5 years planning** | 10 years planning** | 15 years planning** | ||||
| Monthly Contribution* (PKR) | Total Investment (PKR) | Value after 5 years with 15%*** return | Total Investment (PKR) | Value after 10 years with 15%*** return | Total Investment (PKR) | Value after 15 years with 15%*** return |
| 1,000 | 60,000 | 89,682 | 120,000 | 278,657 | 180,000 | 676,863 |
| 5,000 | 300,000 | 448,408 | 600,000 | 1,393,286 | 900,000 | 3,384,315 |
| 10,000 | 600,000 | 896,817 | 1,200,000 | 2,786,573 | 1,800,000 | 6,768,631 |
| 25,000 | 1,500,000 | 2,242,042 | 3,000,000 | 6,966,432 | 4,500,000 | 16,921,577 |
Note:
* Assuming all payments and no withdrawals
** Monthly contributions made for specified period
*** Illustration based on 15% annual return; figures are for indicative and informational purposes only and do not constitute a guarantee
To support you in laying down a foundation for your children’s stable future, we bring you iSave – a digital saving platform which allows you to start your Halal wealth creation journey in just 3 minutes.
For the 1st time in Pakistan you can become a Mutual Funds investor Online! Open your Mutual Funds account online without the hassle of paperwork with the iSave App.
Why choose iSave?
Open an online account in just 3 minutes
Get started with your first investment within minutes
Manage your investment anytime, anywhere
Lower cost higher returns than other saving options
Say goodbye to paperwork and branch visits! Just sit back and relax