Children’s education and FIRE addresses how to fund schooling and higher education while building toward financial independence. Education costs are significant and often coincide with peak earning years—planning early reduces stress and trade-offs.

Strategies

• Dedicated corpus — Separate goal (e.g., equity funds, PPF) for education; don’t mix with retirement corpus.
• Trade-offs — Some delay FI to fund premium education; others choose cost-effective options and prioritise FI.
• Timing — Start investing when children are young; compounding helps.

For FIRE

Factor education into your FIRE number if you’ll fund it from the same pool. Alternatively, treat it as a separate goal and reach FI after education is funded. Supporting parents and education together can stretch timelines—plan holistically.