Your Current Education Savings Outlook

Based on the information you entered in the BMO education savings calculator, you will likely cover 100% of your expected
education savings needs.
The University of British Columbia-Okanagan
Your current scenario
Students current age is 15.
Starts school in Jan. 1, 2017 at age 18 for 4 years.
Amount needed per year is $5,032.
Cost is indexed at 3.00%.
Current invested amount is $20,000.
Current monthly contributions are $0.
Accounts grow at 6.00%.
Your projected results
Your projected cost is $23,004.
Congratulations! Your education savings strategies may allow you to
achieve your desired goal.
Goal Coverage
100%
0%
20%
40%
60%
80%
100%
Your Revised Education Savings Outlook
In the BMO education savings calculator, you explored alternative savings planning options. If you implement the following
scenario, you could expect to cover 100% of your education savings needs.
The University of British Columbia-Okanagan
Your projected results
Congratulations! Your education savings strategies may allow you to
achieve your desired goal.
Goal Coverage
100%
0%
20%
40%
60%
80%
100%
A BMO investment professional will take the time to understand your
objectives and make recommendations that fit your needs.
Call 1.888.389.8030 today! Page 1
Education Savings Report
January 9, 2014
Start Planning Now
There are steps you can take now that will have a significant impact on your education savings. A BMO investment
professional specializes in helping you to define your objectives and implement strategies to achieve them.
What You Can Expect
A discussion on your personal goals, current financial situation and your education savings expectations will take place. This
is an excellent opportunity to ask questions and explore possibilities. Your BMO investment professional will work with you
and provide recommendations on how to achieve your financial goals.
Factors That Impact Saving For Education
Planning for your childs education is an ongoing process that will dramatically increase the likelihood of realizing the goals
you set. As you get closer to the start of your childs program, you will probably adjust your priorities and goals to align with
your decisions on your childs educational needs. But its important to also consider factors beyond your control. Be sure to
ask your BMO investment professional to help you address this type of variable in your education savings plan.
Plan For Variables Beyond Your Control
Length of educational program The average university program is four years, however, some technical,
vocational or trade programs vary. And a program that requires multiple degrees will be more costly.
If the school is local vs away You will pay more for your childs education depending on where he or she decides
to live. If your child opts to attend a local university or college, they could live at home to save costs. Once you start
looking at schools further away from home you will need to factor in monthly living costs such as rent and food as
well as furnishing and travel costs.
Inflation Have you factored in the possibility of inflation? Education savings is often a longer-term goal and tuition
costs could increase significantly over the years until your child attends post-secondary education.
Duration to start of educational goal How long until your child is expected to attend post-secondary education?
The longer the time period, the longer you have to contribute to a savings vehicle. The sooner you start contributing
and collecting the Canada Education Savings Grant, the longer those funds have to compound.
This tool is for illustrative purposes only, and the information obtained herein is not, and should not be construed as,
investment or financial advice to any party. Particular investment decisions or strategies should be evaluated relative to each
individual. This tool is not a substitute for completing a financial plan or consulting an investment professional. The
information and data contained herein are not intended to be a definitive analysis nor to represent the actual performance of
your personal investment portfolio over any given time period and may not accurately represent past, current or future
conditions, such as assumptions of tax rates and rates of inflation. Investment results may vary on the accuracy and
completeness of the data provided and have been compiled or arrived at from sources believed reliable but no representation
or warranty, express or implied is made as to their accuracy or completeness. BMO Investments Inc. and Bank of Montreal
accept no liability whatsoever for any loss or costs arising from any use of this tool or its contents.

Registered trade-mark of Bank of Montreal, used under licence.

Trade-mark of Bank of Montreal.

A BMO investment professional will take the time to understand your
objectives and make recommendations that fit your needs.
Call 1.888.389.8030 today! Page 2
Education Savings Report
January 9, 2014
Personal information and assumptions
The University of British Columbia-Okanagan
Students age 15
Your expectations
Starting year of school 2017
Number of years to attend 4
Amount needed per year $5,032
Cost is indexed at 3.00%
Projected cost $23,004
Investment accounts
Current invested amount $20,000
Monthly contributions $0
Return rate
Current return on accounts 6.00%
Rates
Average federal tax rate 21.32%
Marginal federal tax rate 32.06%
A BMO investment professional will take the time to understand your
objectives and make recommendations that fit your needs.
Call 1.888.389.8030 today! Page 3
Education Savings Report
January 9, 2014