Emergency Fund Calculator
Calculate your emergency fund target from monthly expenses, see your current progress and how long your savings plan will take.
About this tool
This emergency fund calculator turns your real monthly expenses into a savings target, shows your current progress and — when you add a monthly saving amount — gives the exact number of months to get there.
Job loss, medical bills and car repairs are everyone's risk; the fund is the difference between an inconvenience and a crisis. Start with one month, then three, then six.
FAQ
How much should my emergency fund be?
Three months of essential expenses is the minimum; six months is the standard recommendation, and one year fits uncertain or freelance income.
What counts as essential expenses?
Rent, utilities, groceries, insurance, transport and minimum debt payments — the items you cannot stop paying for.
Why an emergency fund before investing?
Without it, unexpected bills force you to sell investments at the worst moment or carry high-interest debt. Cash is the cheapest insurance.