Education Planning Infographic
Planning for a child’s post-secondary education is becoming increasingly important as tuition and related costs continue to rise across Canada. This Education Planning Infographic helps illustrate how education expenses have changed over time, what future costs may look like, and how families can begin preparing through early savings strategies.
As the cost of education rises, it is more important than ever to start saving early.
The infographic highlights average undergraduate tuition costs across Canada, annual tuition increases, and projected future education expenses if current trends continue. It also introduces two important education savings tools available to Canadian families: the Registered Education Savings Plan (RESP) and the Canadian Education Savings Grant (CESG).
For many families, education planning is about more than simply saving money. It’s about helping children and grandchildren access future opportunities while reducing potential financial stress later on. Starting early can provide more time for investments to grow and may allow families to take greater advantage of available government grants and tax-deferred growth opportunities.
Financial advisors can use this Education Planning Infographic to help clients:
- Understand the long-term impact of rising education costs
- Learn how RESPs work
- Explore the benefits of the CESG program
- Discuss education savings goals for children or grandchildren
- Start conversations about long-term family financial planning
This infographic works well alongside education planning calculators, RESP calculators, and broader family financial planning discussions. It can be shared during client meetings, through newsletters, on social media, or embedded on advisor websites as educational content for families planning ahead for future education expenses.
This infographic works well with the Education Planning Calculators in FreshPlan software including:
- Start Education Planning Now
- RESP Tax Benefits Calculator
- RESP Withdrawal Calculator
- and more
Calculate. Educate. Plan.
Communicate complex concepts from all areas of financial planning with current, visual infographics.
FreshPlan combines 75 calculators with powerful infographics and planners to provide advisors with a visual, easy-to-use, time saving planning and education tool and can be accessed anywhere, anytime using any device – phone, tablet, iPad, laptop or desktop.
