How large should my emergency fund be?

Most financial advisors recommend 3–6 months of essential expenses. People with variable income, dependents, or less job security may want 6–12 months saved.

Emergency Fund Calculator

Estimate the savings target for an emergency fund.

This tool runs in your browser. None of your data is saved or sold.

Monthly expenses ($)

Months to cover (months)

Already saved ($)

Savings interest rate (%)

About This Calculator

Financial advisors recommend keeping 3–6 months of essential expenses liquid for emergencies. This calculator tells you your target, what you still need to save, and — with the interest rate field — how a high-yield savings account accelerates your timeline.

Estimates only — not financial, tax, legal, or investment advice. Verify important results with a qualified professional before making decisions.

target = monthly expenses × months of coverage; still needed = max(0, target − already saved)