Emergency Fund Calculator
Calculate how much you should save for emergencies based on your income, expenses, and risk factors. Build financial security with a proper emergency fund.
Financial Information
Include rent/mortgage, utilities, food, insurance, minimum debt payments
How much you can save monthly toward emergency fund
Risk Assessment
Minimum months of expenses you want to cover
Emergency Fund Analysis
Emergency Fund Guidelines
What Qualifies as an Emergency?
- • Job loss or income reduction
- • Major medical expenses
- • Urgent home or car repairs
- • Family emergencies
Where to Keep Emergency Funds
- • High-yield savings account
- • Money market account
- • Short-term CDs (laddered)
- • Avoid: Stocks, long-term investments
Building Your Fund
- • Start with $1,000 minimum
- • Automate monthly transfers
- • Use tax refunds and bonuses
- • Review and adjust annually