Emergency Fund Calculator

Determine how much you need to save for emergencies and plan your savings timeline. Achieve financial security.

Monthly Expenses

Housing/Rent ($)

Utilities ($)

Food/Groceries ($)

Transportation ($)

Insurance ($)

Other Essential Expenses ($)

Months of Coverage

Current Emergency Savings ($)

Monthly Savings Amount ($)

Savings Account Interest Rate (%)

Most financial experts recommend saving 3-6 months of essential expenses for emergencies.

Keep emergency funds in a high-yield savings account for easy access and some growth.

Keep emergency funds separate from regular checking to avoid temptation to spend.

Review and adjust your emergency fund as your expenses and income change.