Emergency fund
Enter your monthly spending to see how much cash to keep and how long it takes to build.
Hover or tap a bar to see that year.
Show the figures for every year
How this is worked out
- What it is for. Cash kept apart from investments, so a job loss or a large bill does not force you to sell shares at a low price.
- What to count. Only spending you could not stop: housing, bills, food, transport, insurance.
- Where to keep it. Somewhere you can reach within days and that cannot fall in value: a savings account, a money market fund or Singapore Savings Bonds. Savings Bonds can be redeemed in any month.
- Interest is left out. This money is for safety, not growth.