Emergency Fund Calculator
Build your financial safety net
Monthly Essential Expenses
$
$
$
$
$
$
$
Total Monthly: $4,500
Current Emergency Savings
$
Risk Factors
Select factors that apply to increase your target:
Your Progress
37%
Currently covers
1.1 months
Current: $5,000Goal: $13,500
Recommended Fund
$13,500
3 months of expenses
Amount Still Needed
$8,500
Keep saving!
Monthly Expense Breakdown
Building Your Emergency Fund
Start with $1,000 as a 'starter' emergency fund
Automate transfers to a separate high-yield savings account
Keep it liquid - avoid CDs or investments for this money
Only use for true emergencies: job loss, medical, major repairs
Replenish immediately after using any funds
Disclaimer: This calculator provides general guidance. Your ideal emergency fund depends on your unique circumstances, risk tolerance, and financial goals.