Save for the child, or save for yourself?
Most families face this tradeoff with one budget. Move the slider to see how each split funds the two goals at the same time. The economics rarely lets you fully cover both.
Built and reviewed by Stephen Omukoko Okoth
Mathematical Economist · ex-Morgan Stanley FI · Equilar
Inputs
Family setup
Inputs
Costs and returns
Inputs
Your savings budget
Verdict
A balanced split — neither goal is fully funded, but both are protected.
59.2% of college covered • KSh 747.4K/yr in retirement
The retirement number assumes a level draw across the planned years (a useful first approximation, not a survival guarantee — see the Retirement Survival calculator for a stress test).
College pot
Funding the education
Total cost (future $)
KSh 8.56M
4 years of school
Saved by start of college
KSh 5.07M
Coverage
59.2%
Shortfall
KSh 3.49M
Retirement pot
The other goal
At retirement
KSh 22.42M
After 25 years of compounding
Annual spend supported
KSh 747.4K
Across 30 years