{"id":12139,"date":"2023-06-23T14:08:48","date_gmt":"2023-06-23T06:08:48","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=12139"},"modified":"2025-07-04T11:26:45","modified_gmt":"2025-07-04T03:26:45","slug":"investing-for-your-children-how-much-do-you-need-and-how-to-get-started","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/","title":{"rendered":"Investing for your children &#8211; how much do you need and how to get started?"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-attachment-id=\"24018\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/2048x1365-article-investing-for-your-children-2\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-scaled.jpg\" data-orig-size=\"2560,1706\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2048&#215;1365 Article &#8211; Investing for your children\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-300x200.jpg\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1024x683.jpg\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1024x683.jpg\" alt=\"\" class=\"wp-image-24018\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1024x683.jpg 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-300x200.jpg 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-768x512.jpg 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1536x1024.jpg 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-2048x1365.jpg 2048w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-630x420.jpg 630w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-696x464.jpg 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1068x712.jpg 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/2048x1365-Article-Investing-for-your-children-1-1920x1280.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>As parents, we all want the best for our children, and one of the greatest gifts we can provide to them is financial security. According to an NUS research, the estimated <a href=\"https:\/\/www.syfe.com\/magazine\/how-much-does-it-cost-to-raise-a-child-in-singapore\/\" target=\"_blank\" rel=\"noreferrer noopener\">cost to raise a child in Singapore<\/a> can be anywhere between $280,000-$560,000.&nbsp;<\/p>\n\n\n\n<p>With higher cost of living and inflation on the rise, parents not only need to be on top of child-related expenses, but also education costs.&nbsp;It is thus important for you to start investing early to harness the power of compounding and give your children a head start in life.<\/p>\n\n\n\n<p>In this article, we guide you through the process of securing their future by making decisions that align with your children\u2019s needs.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Setting and Prioritising Financial Goals<\/h2>\n\n\n\n<p>The first step to take is to prioritise your own financial stability and long-term goals. You need to ensure that you have enough resources to support your own needs, such as emergencies and retirement, while not having to rely on your kids for your golden years.&nbsp;<\/p>\n\n\n\n<p>After which, you can begin planning how much it will cost you to invest into your children&#8217;s future. These cost estimates may vary depending on the goals and desired lifestyle you have for your child.&nbsp;<\/p>\n\n\n\n<p>Here are some goal examples you can set for your children.<\/p>\n\n\n<div class=\"wp-block-image is-resized\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"730\" data-attachment-id=\"24019\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/frame-1430071269\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-scaled.png\" data-orig-size=\"2560,1826\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Frame 1430071269\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-300x214.png\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1024x730.png\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1024x730.png\" alt=\"\" class=\"wp-image-24019\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1024x730.png 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-300x214.png 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-768x548.png 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1536x1096.png 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-2048x1461.png 2048w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-589x420.png 589w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-696x496.png 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1068x762.png 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-1920x1370.png 1920w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071269-100x70.png 100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Matching Goals with Investment Portfolios<\/h2>\n\n\n\n<p>After deciding on your goals and how much money you will need, you\u2019ll need to figure out the right time horizon and investment options for your children&#8217;s financial goals.&nbsp;<\/p>\n\n\n\n<p>Every kid has different needs, so when you\u2019re selecting portfolios, take into consideration how soon you will need the money (time horizon) and how much risk you are comfortable with.<\/p>\n\n\n\n<p>For instance, if your child is currently 5 years old, you still have over 10 years to accumulate funds before they embark on their university journey. If you plan to send them off to a university abroad in Australia, tuition alone would cost you around $200k per degree.&nbsp;<\/p>\n\n\n\n<p>If you start with investing $10,000 into <a href=\"https:\/\/www.syfe.com\/equity100\" target=\"_blank\" rel=\"noreferrer noopener\">Core Equity100<\/a> portfolio today and contribute $1,000 every month for 10 years, you can reach your goal almost twice as fast compared to just saving alone.<\/p>\n\n\n<div class=\"wp-block-image is-resized\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"447\" data-attachment-id=\"24020\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/coreequity-projected-returns\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns.png\" data-orig-size=\"1970,860\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CoreEquity Projected Returns\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-300x131.png\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1024x447.png\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1024x447.png\" alt=\"\" class=\"wp-image-24020\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1024x447.png 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-300x131.png 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-768x335.png 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1536x671.png 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-962x420.png 962w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-696x304.png 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1068x466.png 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns-1920x838.png 1920w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreEquity-Projected-Returns.png 1970w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.syfe.com\/equity100-portfolio-details\/forecast\" target=\"_blank\" rel=\"noreferrer noopener\">Syfe\u2019s Portfolio Forecast Tool<\/a>. Taken as of 4 July, 2024<\/figcaption><\/figure><\/div>\n\n\n<p>However, if your child is already a teenager, you only have approximately 5 years left to plan.&nbsp;<\/p>\n\n\n\n<p>In this case, it would be more suitable for you to select a portfolio with a mid-term horizon and invest a larger sum monthly, considering the shorter time-frame available for investment growth.<\/p>\n\n\n\n<p>For example, starting off with $10,000 in<a href=\"https:\/\/www.syfe.com\/core-balanced\" target=\"_blank\" rel=\"noreferrer noopener\"> Core Balanced<\/a>, and adding $3,000 every month, you\u2019ll reach your $200k goal in 5 years.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"447\" data-attachment-id=\"24021\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/corebalanced-projected-returns\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns.png\" data-orig-size=\"1970,860\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CoreBalanced Projected Returns\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-300x131.png\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1024x447.png\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1024x447.png\" alt=\"\" class=\"wp-image-24021\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1024x447.png 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-300x131.png 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-768x335.png 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1536x671.png 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-962x420.png 962w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-696x304.png 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1068x466.png 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns-1920x838.png 1920w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/CoreBalanced-Projected-Returns.png 1970w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.syfe.com\/core-balanced-portfolio-details\/forecast\" target=\"_blank\" rel=\"noreferrer noopener\">Syfe\u2019s Portfolio Forecast Tool<\/a>. Taken as of 4 July, 2024<\/figcaption><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Getting Started with Syfe for Kids<\/h2>\n\n\n\n<p>You can now join forces with your children and embark on their financial journey together with Syfe for Kids. Set investment portfolios for your child, invest on autopilot and watch their money grow overtime.&nbsp;<\/p>\n\n\n\n<p>Here are some examples of how you can use Syfe portfolios to meet your children\u2019s goals:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"727\" data-attachment-id=\"24023\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/frame-1430071270-2\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-scaled.png\" data-orig-size=\"2560,1817\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Frame 1430071270\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-300x213.png\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1024x727.png\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1024x727.png\" alt=\"\" class=\"wp-image-24023\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1024x727.png 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-300x213.png 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-768x545.png 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1536x1090.png 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-2048x1454.png 2048w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-592x420.png 592w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-696x494.png 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1068x758.png 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-1920x1363.png 1920w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/Frame-1430071270-1-100x70.png 100w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>For short-term goals like emergency funds, you can consider a lower-risk cash management solution like Cash+ for its liquidity.&nbsp;<\/p>\n\n\n\n<p>You can consider Core Balanced or Income+ for medium-term goals (4 to 8 years) such as your child&#8217;s extracurricular activities. Income+ pays out on a monthly basis so this could be used to payout your child\u2019s allowance.&nbsp;<\/p>\n\n\n\n<p>When it comes to long-term goals (more than 8 to 10 years time horizon) such as university education, it&#8217;s worth considering investments that have the potential for higher returns, such as Core Equity100 or REIT+.<\/p>\n\n\n\n<p>Ready to begin with Syfe? Here\u2019s how it works:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Download the Syfe app.<\/li>\n\n\n\n<li>Register for an account&nbsp;and complete the Know-Your-Customer (KYC) steps.<\/li>\n\n\n\n<li>Select which portfolio you&#8217;d like to invest in.<\/li>\n\n\n\n<li>Fund &amp; set regular deposit schedules to automate your investments.<\/li>\n\n\n\n<li>Adjust the plan as you go. Pause, withdraw, reallocate as much as you like!<\/li>\n<\/ol>\n\n\n\n<p>What&#8217;s more, you can now tag your Syfe portfolio to your child. Once you have created your portfolio, simply:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Press the three dots beside the portfolio name.<\/li>\n\n\n\n<li>Select \u201cTag Portfolio to Child\u201d.<\/li>\n\n\n\n<li>Add your child\u2019s photo and input their name.<\/li>\n<\/ol>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2025\/01\/Untitled-design-2.gif\" alt=\"\"\/><\/figure><\/div>\n\n\n<p>Investing for your children&#8217;s future is not only crucial for their well-being but also sets an excellent example of responsible money management. Kickstart their wealth-building adventure while also providing them with hands-on education in long-term financial planning today.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mummys Market New Client Exclusive<\/h2>\n\n\n\n<p>Are you a Mummys Market member and new to Syfe? Enjoy 6 months of fee waivers when you sign up for Syfe\u2019s Managed Portfolios or Cash Management solutions, with promo code <strong><em>SYFEMM2025<\/em><\/strong>. Click <a href=\"https:\/\/www.syfe.com\/magazine\/new-client-mummys-market-exclusive\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a> for full details. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.syfe.com\/magazine\/new-client-mummys-market-exclusive\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"437\" data-attachment-id=\"24024\" data-permalink=\"https:\/\/www.syfe.com\/magazine\/investing-for-your-children-how-much-do-you-need-and-how-to-get-started\/syfemm2025-1400x598\/\" data-orig-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-scaled.png\" data-orig-size=\"2560,1093\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"SYFEMM2025 1400&#215;598\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-300x128.png\" data-large-file=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1024x437.png\" src=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1024x437.png\" alt=\"\" class=\"wp-image-24024\" srcset=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1024x437.png 1024w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-300x128.png 300w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-768x328.png 768w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1536x656.png 1536w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-2048x875.png 2048w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-983x420.png 983w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-696x297.png 696w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1068x456.png 1068w, https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/06\/SYFEMM2025-1400x598-1-1920x820.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>As parents, we all want the best for our children, and one of the greatest gifts we can provide to them is financial security. According to an NUS research, the estimated cost to raise a child in Singapore can be anywhere between $280,000-$560,000.&nbsp; With higher cost of living and inflation on the rise, parents not [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":24025,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,287],"tags":[],"class_list":{"0":"post-12139","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-grow-wealth","8":"category-investing-basics"},"acf":{"readingTime":"","authorName":"Syfe Singapore","authorThumbnail":false,"BLUE_TIER":"0","BLACK_TIER":"0","GOLD_TIER":"0","PRIVATE_WEALTH_TIER":"0","PRE_AML":"0","POST_AML":"0","NO_GLOBAL_PORTFOLIO":"0","NO_REITS_PORTFOLIO":"0","NO_EQUITY_PORTFOLIO":"0","NO_CASH_PORTFOLIO":"0","HAS_ADVISOR":"0","INVESTMENT_PORTFOLIO_AUM":"0","AFTER_AML_DATE":"","AFTER_ACCOUNT_CREATED_DATE":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investing for your children - how much do you need and how to get started? - Connect<\/title>\n<meta name=\"description\" content=\"Every parent wants the best for their child. 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