Part One: Saving to put a child through private school

Martin Bamford is a chartered financial planner at Informed Choice The total cost of private education, once you take inflation and additional expenses into account, can result in some eye-watering figures that even the wealthiest parents find hard to swallow. The first step in devising an investment strategy for this goal is to properly quantify the target amount required and the timescales involved.  Investing for the cost of private education differs from many other investment strategies because it combines an accumulation and decumulation phase, whereas most investment advice usua...