Medical Emergency

Medical Emergency

You are current age

Your average monthly expense

Inflation Rate

Name of the goal

Select Risk Profile

Goal Summary

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)

0

Total Future Value
(Scheme Selected Value)

Existing Portfolio

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.


Goal Summary

Your targeted Amount (Inflation adjusted 5% per annum)
Number of years you need to save
Monthly SIP investment required
Emergency Fund
SIP Amount
Total Months
Total Investment
Total Growth
Future Worth

Frequently Asked Questions

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.

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