Money calculators
Emergency Fund Calculator
Estimate an emergency savings target from essential monthly expenses and months of coverage.
Turn your essential monthly expenses into a simple emergency-savings target. Choose how many months of expenses you want the fund to cover and compare it with what you already have.
Start with essential expenses
Use costs you would still need to pay during an income interruption, such as housing, food, utilities, transportation, insurance, and minimum debt payments.
Choose your own coverage period
There is no single number that fits everyone. Job stability, household income sources, dependents, insurance, and personal risk tolerance can change the target.
Keep emergency money accessible
An emergency fund is generally meant for unexpected needs, so accessibility and stability may matter more than chasing a high return.
Frequently asked questions
Does the tool recommend a specific number of months?No. You choose the coverage period.
Should I include vacations and entertainment?Usually only if you consider them essential during an emergency.
Does it include investment returns?No.