Emergency Fund Calculator

🛑 Emergency Fund Calculator

Work out how big your rainy day fund should be, and how much more you need to set aside.

Monthly essential expenses (rent or home loan, food, utilities, transport, insurance, dependants)

Months of buffer (3 to 6 is common, more if income is variable)

Current savings set aside

Amount you can save each month (optional, to estimate time to goal)

Your emergency fund target

S$0

Already saved: S$0 Still to go: S$0

Enter your figures to see your target.

Why hold an emergency fund: MoneySense (the Singapore national financial education programme by MAS) suggests setting aside enough to cover three to six months of expenses for unexpected events such as job loss or medical costs. Source: MoneySense, MAS (moneysense.gov.sg). The buffer length above is a guide you can edit to suit your situation.

This is general information only and not financial advice. Please verify with the official source.