Calculators · Planning

Emergency fund calculator

This emergency fund calculator works out how much you should keep aside for emergencies, based on your monthly expenses, the people who depend on you, how stable your income is and whether you are insured.

WorthOS Technologies Pvt. Ltd.  SEBI Registered Investment Adviser  ·  INA000022695  ·  These calculators are for educational purposes only and do not constitute investment advice. Assumptions can change; actual returns may vary.

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Educational tools built on standard formulas. Every figure below is illustrative, computed from the inputs you enter — not a projection, recommendation or guarantee.

SIP Calculator

The future value of a monthly SIP over your chosen horizon, assuming a constant expected rate of return. Instalments are treated as invested at the start of each month.

Your inputs

Future value —
Total invested
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Wealth gained
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Absolute return
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Instalments paid
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Invested Wealth gained

Mandatory disclaimerThis calculator uses an assumed constant return rate for illustration. Actual mutual fund returns vary with market conditions and are not guaranteed. Past performance is not indicative of future results.

WorthOS Technologies Private Limited · SEBI Registered Investment Adviser · Registration No. INA000022695 (Non-Individual)

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, enlistment with BSE, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.

The method

How the emergency fund calculator works

The calculator starts from a base number of months and adjusts it for your situation:

  • Base: 3 months with no dependants, 6 months with one or two, 9 months with three or more
  • Income stability: multiplied by 1.0 (government or PSU) up to 2.0 (business owner)
  • No health insurance: add 3 months
  • No life insurance with dependants: add 2 months
Emergency fund = monthly expenses × months

Worked example (the calculator's default inputs)

Monthly expenses
₹40,000
Dependants
2 (base 6 months)
Income
Salaried, private, stable industry (× 1.2)
Insurance
Health and life cover in place
Months to hold
7.2 months
Emergency fund
₹2,88,000

Without health insurance, the same household would need 10.2 months, or ₹4,08,000.

The essentials

What is an emergency fund, and how much should you have?

What is an emergency fund?

An emergency fund is money set aside for unplanned costs, such as a job loss, a medical bill or an urgent repair, so you do not have to borrow or sell investments at a bad time. It is the first layer of any financial plan, before longer-term investing.

How much emergency fund should you have?

A common starting point is three to six months of expenses. It should be higher if others depend on your income, if your income is irregular, or if you lack health or life insurance, because each of these raises the cost of a shock. The calculator adds those adjustments for you.

Where an emergency fund is usually kept

Access matters more than return for this money, so it is commonly kept in a savings account, a sweep-in fixed deposit or a liquid fund. The FD calculator shows what a deposit earns after tax, and the retirement calculator covers the long-term goal once the safety net is in place.

Common questions

Emergency Fund Calculator: frequently asked questions

Still have questions? Contact us
How much emergency fund should I have?
A common starting point is 3 to 6 months of expenses, but it should be higher if others depend on your income, your income is irregular, or you lack health or life insurance. The calculator adjusts for each of these.
What is an emergency fund?
Money set aside for unplanned costs such as a job loss, medical bills or urgent repairs, so you do not need to borrow or sell investments at a bad time.
Where is an emergency fund usually kept?
In places you can reach quickly without a large loss, such as a savings account, a sweep-in fixed deposit or a liquid fund. Access matters more than return for this money.
Does health insurance reduce the emergency fund I need?
Yes. Without health cover, a medical event has to be paid from savings, so the calculator adds three months. With cover in place, that risk is largely transferred to the insurer.
How often should I review my emergency fund?
Whenever your monthly expenses, dependants or job change, and at least once a year.
Reviewed by Tanish Sadh, Principal OfficerWorthOS Technologies Private Limited · SEBI RIA INA000022695 · Last reviewed
SEBI disclaimerInvestment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI, enlistment with BSE, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.

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