Building an Emergency Fund is actually a prerequisite to Investing. To prevent one from discontinuing investments, selling illiquid assets at a loss or incurring debt at high rates due to poor financial planning.

Every family should have life insurance for the breadwinner(s) and medical insurance with enough coverage for all members. This takes care of half the problem.

One can keep 25-50% of the emergency fund in a savings or sweep account and the rest in short term or liquid debt funds. Our Wealth Advisors can suggest the appropriate fund as per your requirements.

Whether your emergency fund should be 3, 4 or 6 months of your monthly income depends on:

Lastly, treat your emergency fund as an emergency fund. Resist the temptation to use the reserve for other expenses.

Let us help you achieve your Aspirations!