basic

Emergency Fund Calculator

How much cash to hold for X months of expenses.

Compute the size of an emergency fund needed to cover a chosen number of months of essential expenses, plus how long it will take to reach that target with a monthly savings rate.

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

$
$
$

Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

Target = monthly expenses × months. Months to reach target = (target − current) / monthly savings.

In depth

Compute the size of an emergency fund needed to cover a chosen number of months of essential expenses, plus how long it will take to reach that target with a monthly savings rate.