You are current age
Your average monthly expense
Inflation Rate
Name of the goal
Select Risk Profile
Your Targeted Emergency Fund
(in today's value)
Your Targeted Emergency Fund
(adjusting for % inflation)
Number of Years
You Need To Save
Monthly SIP Investment
Required
Your Targeted Emergency Fund
(adjusting for % inflation)
Total Future Value
(Scheme Selected Value)
If you wish to link any of the above schemes with this goal, then please check the relevant box/es as given alongside the scheme name.
| Your targeted Amount (Inflation adjusted 5% per annum) | |
| Number of years you need to save | |
| Monthly SIP investment required |
A medical emergency plan is a financial strategy that ensures you have funds or insurance ready to cover unexpected healthcare costs, helping you avoid debt during sudden medical situations.
A healthcare savings account (HSA) lets you save money tax-free for qualified medical expenses and can grow over time, giving you a dedicated pool for future health costs.
You can save on healthcare by maximizing contributions to tax-favored accounts (like HSAs), creating a dedicated medical emergency fund, and choosing cost-efficient healthcare plans.
A medical emergency fund is a separate savings buffer earmarked exclusively to pay unexpected medical bills and out-of-pocket healthcare costs.
Healthcare investment funds are financial products, like mutual funds or ETFs, focused on healthcare and related sectors, offering long-term growth through exposure to hospitals, pharma, and medical technology companies.