Interactive Calculator
Emergency Fund Calculator
How much should you keep in your emergency fund? Find your personalized target.
Your Situation
Rent/mortgage, utilities, food, insurance, minimum debt payments
Kids, elderly parents, or others financially dependent on you
Making progress
You're building your safety net, but there's still work to do. Stay consistent with your savings.
Your Target
Timeline to Goal
Why This Recommendation?
Stable income: 3 months covers most job transitions
This fund covers: job loss, medical emergencies, car repairs, home maintenance — anything unexpected
Keep it in a high-yield savings account (Marcus, Ally, Wealthfront) — accessible, but separate from daily spending
Pro tip: Once you hit your emergency fund goal, redirect that monthly savings toward retirement or other investments. Don't let it pile up beyond 12 months of expenses — that's money that could be growing elsewhere.