Emergency Fund Calculator
Calculate how much you need for a financial safety net
Monthly Expenses
Report a Problem
Found a bug or have a suggestion? Help us improve this tool.
What is this tool?
The Emergency Fund Calculator helps you determine how much money you need to set aside for unexpected expenses. Based on your monthly expenses across categories—housing, food, transportation, insurance, utilities, and miscellaneous—it calculates a recommended target fund for 3, 6, 9, or 12 months of coverage, plus how long it will take to reach your goal.
How to use
- 1
Enter monthly expenses
Add each expense category with its monthly cost (housing, food, transport, etc.).
- 2
Set current savings
Enter how much you already have saved for emergencies.
- 3
View target and plan
See target amounts for 3/6/9/12 months, your gap, and estimated time to reach each goal.
Frequently Asked Questions
How many months should I save?
3 months for stable income with dual earners. 6 months for single income or moderate risk. 9-12 months for freelancers, commission-based income, or high-risk industries.
Where should I keep emergency funds?
In a high-yield savings account or money market fund—liquid and easily accessible. Do not invest in stocks or long-term bonds where principal could fluctuate.
What counts as an emergency?
Job loss, medical emergencies, major home/car repairs, and urgent family needs. Regular bills, vacations, and planned purchases do NOT qualify.