Emergency Fund Calculator
Estimate how much cash you need for emergencies.
This calculator estimates your emergency fund target and how long it may take to save, based on monthly expenses and savings rate.
Your information
Adjust the coverage months based on your risk tolerance.
Results
Output based on the inputs above.
Emergency fund target
$18,000
Remaining to save
$13,000
Estimated months to goal
33 months
Coverage based on current savings
2 months
Recommended emergency fund: $18,000. You are $13,000 away.
Definitions
- USD
- United States dollars.
Assumptions
- Emergency fund target equals expenses times months of coverage.
- Savings contributions are added monthly.
- Investment growth is not included in this estimate.
Last updated: 2026-02-01
FAQ
How many months of expenses should I save?
Many people target 3–6 months, but higher coverage can help with variable income.
Should my emergency fund be invested?
Keep it in a liquid account so it’s available when you need it.
What counts as monthly expenses?
Include housing, utilities, food, insurance, and other essential costs.