Emergency Fund Calculator
How much cash you actually need on hand.
Recommend an emergency fund target based on your monthly expenses.
What you enter
- Monthly essential expenses
- Months to cover
- Current emergency savings
Worked example
With the default inputs:
- Monthly essential expenses: $3,800
- Months to cover: 6
- Current emergency savings: $5,000
| Emergency fund target | $22,800.00 |
|---|---|
| Gap to close | $17,800.00 |
| Save $500/mo → reach in | 35.6 mo |