The Emergency Fund Calculator
Plan your safety net: see how much you need for emergencies, and how to build it.
Introduction
An emergency fund is a cash buffer for real life situations such as job loss, medical bills, or a broken car that needs fixing tomorrow. It keeps you from swiping a credit card at 18% interest or cashing out long-term investments too early. About this emergency fund calculator: it translates your monthly essentials and current savings into a clear target, so you know exactly how much runway you have and what to top up.
How It Works
Enter your monthly expenses, pick how many months of coverage you want, and we’ll calculate your target fund, shortfall, and the monthly amount to close the gap in 6 or 12 months.
What You’ll Learn
- •The exact size of your emergency fund for 1, 3, and 6 months.
- •How much to save monthly to hit your target in under a year.
- •Your current shortfall and how close you are to safety.
- •Simple next steps to automate and protect your cash buffer.