What is your monthly expense
Minimum amount is ₹100
Expected rate of return
Minimum interest is 2%
How many months do you want to build an Emergency Fund for?
Ideal Emergency Fund should be built for at least 6 months
Mn
Minimum time period is 1 month
In how many months, do you want to build this fund?
Mn
Minimum time period is 1 month
₹
100000
Monthly Expenses
Required Emergency Fund
Required SIP
₹
100000
Required Lumpsum
₹
100000
*The above data is the Last 3 Year CAGR of LXME’s Emergency Fund, as of 1st July 2024.
At LXME, we are committed to helping women achieve financial security and independence. Our emergency fund calculator is a powerful tool designed to assist you in planning and building a robust emergency fund. This calculator helps you understand how much money you should set aside for emergencies based on your expenses and other essential factors.
An emergency fund is a crucial part of your financial plan. It provides a financial cushion in case of unexpected expenses such as medical emergencies, job loss, or urgent repairs. Our emergency fund calculator simplifies the process of determining the right amount to save, ensuring you are always prepared for unforeseen events.
Our emergency savings calculator is user-friendly and provides accurate results tailored to your financial situation. By using this tool, you can gain a clear understanding of how much you need to save to cover your essential expenses for a specific period, typically 3 to 6 months.
Using our emergency fund calculator helps you:
An emergency fund calculator is a tool that helps you determine how much money you should set aside for emergencies based on your monthly expenses and financial situation.
The emergency savings calculator works by taking your input on monthly expenses and other factors to calculate a recommended amount for your emergency fund. This helps ensure you have sufficient savings to cover unexpected costs.
Using an emergency calculator helps you plan and build a financial cushion for emergencies. It ensures you’re prepared for unexpected events without compromising your financial goals.
Yes, the emergency fund calculator India is tailored to the unique financial context of India, taking into account the cost of living and common expenses specific to the country.
To calculate my emergency fund, simply input your essential monthly expenses and any additional costs you want to cover in the calculator. The tool will provide a recommended savings amount based on your inputs.
Typically, it’s recommended to save enough to cover 3 to 6 months of essential expenses. The emergency fund calculator helps you determine the exact amount based on your personal financial situation.
Yes, by providing a clear savings goal, the emergency savings calculator helps you plan your finances better and ensures you’re setting aside the right amount for emergencies.
Yes, our emergency calculator is free to use and accessible online, making it easy for you to plan your emergency fund at any time.
If you need assistance with the emergency fund calculator, feel free to contact our support team. We’re here to help you make the most of our financial tools and resources.
LXME is dedicated to empowering women with financial knowledge and tools. Our platform offers a wide range of resources, including investment guidance, financial planning tools, and educational content, all designed to support women in achieving financial independence.
Explore LXME’s Emergency Fund, a smart and tax-efficient way of parking your emergency savings!
