Finance Calculators

Emergency Fund Calculator

Enter your monthly essential expenses and desired months of coverage to calculate your emergency fund target.

$18,000
Target emergency fund (6 months)

11% funded — $16,000 to go

How to use this tool

  1. 1Enter monthly essential expenses.
  2. 2Choose months of coverage (commonly 3-6).
  3. 3Enter current savings to see your progress.

Frequently asked questions

How many months of expenses should I save?+

3-6 months is the common guideline, though those with less stable income often aim for 6-12 months.