Emergency Fund
If your current emergency fund is equal to or greater than 6 times your monthly income, your score will be at 100%. The closer you are to 100, the better.
Debt to Income Ratio
The lower your debt-to-income ratio, the higher your score will be. The closer you are to 100, the better.
Retirement
The closer your current savings is to your target saving rate, the higher your score. If your current savings is greater than or equal to your target saving rate, you’ll score 100%. The closer you are to 100, the better.
Insurance
If your current life insurance coverage is greater than or equal to 10 times your annual income, your score will be 100%. The closer you are to 100, the better.
Financial Wellness Score
Measurement of your overall Financial Health. The closer you are to 100, the better.
