Emergency Fund Calculator

Calculate your ideal emergency fund size based on your monthly expenses and personal circumstances. Build a financial safety net that provides peace of mind and protection.

Monthly Expenses & Circumstances

Essential Monthly Expenses

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Childcare, medical expenses, pet care, etc.

Personal Circumstances

Current Emergency Savings

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Emergency Fund Analysis

Enter your expenses and circumstances to see emergency fund recommendations

Emergency Fund Guidelines

Standard Recommendations

3-6 Months

Standard recommendation for stable employment and good health insurance coverage.

6-12 Months

For variable income, self-employment, or specialized careers with longer job search times.

12+ Months

For high-risk situations, major health concerns, or very specialized professions.

What Qualifies as Emergency

Job loss or income reduction
Major medical expenses
Major home or car repairs
Family emergencies
NOT for vacations or purchases

💡 Building Your Emergency Fund

Start Small:

  • • Begin with $1,000 mini emergency fund
  • • Set up automatic transfers
  • • Save tax refunds and bonuses
  • • Gradually increase monthly contributions

Where to Keep It:

  • • High-yield savings account
  • • Money market account
  • • Short-term CDs (laddered)
  • • Keep easily accessible, not invested