Emergency Fund Calculator

Determine how much you should save for unexpected events.

Include necessary costs like housing, food, utilities, insurance, transportation, minimum debt payments.
How many months of expenses do you want your fund to cover?
Enter how much you currently have saved for emergencies.

How to Use:

  1. Estimate your total essential monthly expenses (rent/mortgage, food, utilities, insurance, transportation, minimum debt payments, etc.).
  2. Select the number of months you want your emergency fund to cover (typically 3-6 months is recommended).
  3. Optionally, enter the amount you already have saved in your emergency fund.
  4. Click 'Calculate Emergency Fund Goal'.
  5. The results show your recommended savings goal and how much more you may need to save.