Hello, both of my parents are not working, typically how many % of income does one set aside for parents?

I would suggest 20% as the max.

The minimum should be an amount that covers the monthly family expenses, while the remaining can be set aside as an emergency fund for them.

Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit. Here is a guide to help you: https://www.blog.pzl.sg/understanding-your-pers...

Next, understand the situation in the household - how much money is required to run the family every month? E.g. utility, bills, grocery

From there, evaluate your affordability. For a general guideline, it will be about 10% to 20% of your income. At the same time, talk to your parents to understand their needs and work out a number that works for both parties. At the end of the day, there is no perfect number to give.

Here is everything about me and what I do best.