Find Your "Survival Number"
If you lose your job today, how long can you survive? Don't guess. Calculate the exact amount you need to keep your family safe.
Rent, Food, Utilities, Fuel (Excluding EMIs)
Home Loan, Car Loan, Personal Loan
Health & Life Insurance (Yearly Total)
Total Emergency Fund Needed
₹ 2,90,000
This amount must be kept in Liquid Assets (Savings/FD).
Where to keep this money?
- ✓ 30% in Savings Bank: For instant access (Debit Card).
- ✓ 70% in Fixed Deposit (FD): Use 'Sweep-in' facility for better interest.
- ✕ Never in Stocks/Mutual Funds: Markets can crash when you need money the most.
What is an Emergency Fund?
Think of it as your Financial Oxygen Mask. It is a pile of cash saved specifically for disasters—like losing your job, a sudden medical bill, or an urgent car repair.
Why not use a Credit Card?
Credit cards charge 36-40% interest. If you use debt during a crisis, you dig a deeper hole. An emergency fund keeps you debt-free when life gets hard.
How We Calculate This?
Most calculators only look at expenses. FinKinetic is different. We use the "Total Survival Formula":
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1
Living Costs + EMIs: We multiply your monthly outflow by the months you select (e.g., 6 months).
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2
The Insurance Buffer: If you lose your job, you often lose employer health cover. We add 1 full year of premium costs to ensure your family remains insured even if you have zero income.
📚 Continue Your Financial Journey
Frequently Asked Questions
Why include Insurance Premiums?
If you lose your job, your employer's health cover stops. If a medical emergency happens then, it can wipe out your savings. You must have enough cash to pay your personal insurance premium to keep the policy active.
Is 3 months enough?
In the current job market, finding a new job takes 4-6 months. 3 months is the "Bare Minimum" for survival. We strongly recommend 6 months for most people, and 12 months for freelancers or business owners.