Find out exactly how large your safety net should be, based on your real expenses and situation.
🛡️ Your Monthly Fixed Expenses (SGD)
S$
S$
S$
S$
S$
S$
Total Monthly Expenses
S$2,850
🔍 Your Situation
S$
S$
📊 Your Emergency Fund Target
Recommended Fund Size
S$17,100
6 months of expenses
Currently Saved
S$5,000
29% of target
Still Needed
S$12,100
To reach your target
Time to Build Fund
24 months
By May 2028
Progress: 29%Target: S$17,100
Why this amount: As an employee with moderate job security and 0 dependants, a 6-month emergency fund is recommended. This covers your expenses while you find a new job, handle a medical issue, or manage any unexpected major expense.
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Where to keep it: High-interest savings accounts in Singapore like CIMB FastSaver, UOB One, DBS Multiplier, or Singlife Account offer better rates than standard accounts while keeping your money accessible within 1-2 business days.
💡
Once you reach your emergency fund goal, redirect those monthly savings into investments. Your emergency fund is not meant to grow wealth — its job is to protect you so your investments can stay invested.
Disclaimer: Results are estimates for reference only. Emergency fund recommendations are guidelines based on common financial planning principles. Your optimal fund size may differ based on your specific circumstances. Consult a financial advisor for personalised advice.