Emergency Fund Calculator
Calculate your personalized emergency fund target based on your expenses and situation.
Monthly Essential Expenses
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Your Situation
Your Emergency Fund Target
Monthly Expenses
$3,300
Recommended Coverage
6 months
Your Target
$19,800
Minimum (3 months)
$9,900
Recommended
$19,800
Conservative (12 months)
$39,600
Based on your situation, we recommend 6 months of coverage.
How We Calculate Your Target
Your emergency fund should cover essential expenses only—not your full lifestyle. We calculate based on your specific monthly costs and risk factors.
Risk Factors Explained
- Single income: No backup if you lose your job (+3 months)
- Self-employed: Variable income requires larger cushion (+3 months)
- Volatile industry: Higher layoff risk (+1 month)
- Homeowner: Major repairs can be expensive (+1 month)
- Dependents: More people relying on you (+1 month)