Emergency fund calculator
Size your emergency fund from your essential expenses and see how long it takes to get there by saving every month.
Your result shows up here
Fill in the fields and tap Calculate my fund.
{1} month
{1} months
{1} year
{1} years
{1} and {2}
Done
More than 50 years
{1}% of your fund already saved
Your emergency fund is complete. Anything above it can go to your goals.
Enter how much you can save per month to see how long it takes.
Saving {1} a month, you complete your fund in {2}.
Your target emergency fund
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Still to save
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Time to get there
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This is an estimate for information only. Keep your emergency fund in a low-risk account you can withdraw from quickly.
How we calculate
The target is your essential monthly spending times the months of coverage. Then we add what you save each month, plus the monthly return, until you reach the target.
Emergency fund = essential expenses × months of coverage
Frequently asked questions
What counts as essential expenses?
Housing, utilities, food, transportation, health and payments you can’t put off.
Where should I keep it?
In a low-risk account that lets you withdraw on any day.
Can I use it for a trip?
The emergency fund is for the unexpected. For goals, use the savings goal calculator.