Emergency Fund Calculator

Determine the ideal size of your emergency fund based on your monthly expenses and risk profile.

Determine the ideal size of your emergency fund based on your monthly expenses and risk profile.

What you can figure out

• The target size of your emergency fund based on essential monthly expenses.
• Whether three, six, or nine months of expenses is the right target given your job stability.
• How long your current emergency fund would last if your income stopped tomorrow.
• A savings-contribution plan to hit the target within a reasonable timeframe.

How it works

The emergency-fund calculator takes your essential monthly expenses (housing, utilities, groceries, insurance, minimum debt payments) and a risk-profile multiplier (three months for dual-income households with stable jobs, up to nine for single-income freelancers) and returns a target balance plus a monthly savings plan to get there.

Privacy

This calculator runs entirely in your browser. Nothing you type is saved, transmitted, or shared with us or any third party. See our privacy policy for the full details, or browse more tools on the calculators page.