Emergency Fund Calculator
Financial peace of mind starts here. Calculate exactly how big your safety net needs to be to survive job loss or emergencies.
Rent, EMIs, Groceries, Utility Bills only.
6 months is standard. Choose 12 if income is volatile.
Only count money you can access immediately.
₹3,00,000
Current Shortfall
₹2,60,000
Time to Goal
24 Months
Action Plan
If you commit to saving ₹10,000 every month into an account yielding 6.5%, your safety net will be completely fully funded in 2 years and 0 months. Any bonuses or tax refunds should go straight into this fund to accelerate the timeline!
Frequently Asked Questions
How many months of expenses should an Emergency Fund cover?
The golden rule is 6 months of mandatory expenses. If you have stable government employment, 3 months might suffice. If you are a freelancer, contractor, or run a business with volatile income, you should aim for 9 to 12 months.
What counts as a 'Monthly Expense' for this calculator?
Include all absolute necessities: Rent/Home Loan EMI, groceries, utilities, mandatory insurance premiums, school fees, and essential transport. Do not include SIPs, dining out, or entertainment budgets.
Where should I park this money?
Never put your emergency fund in the stock market (Equity MFs) or lock-in assets (like PPF/Tax-Saving FDs). It must be highly liquid. The best options are a High-Yield Savings Account, Sweep-in FDs, or Liquid Mutual Funds where you can withdraw the money in 24 hours.