Why do we save? Mainly for our kids.

Figures are cost of education of various disciplines assuming a 10% rise per year. Estimated costs in 2015 are conservative and may be higher in private institutions.

Image source - Economic Times

Counting education, healthcare, food, clothing, entertainment & transport costs, you spend approximately ₹ 67.4 Lakhs (at current prices) on your child till the age of 21.