Find out exactly how much you should save for a rainy day based on your monthly expenses and desired months of coverage.

Emergency Fund Calculator

Monthly Housing (Rent/Mortgage)

Monthly Utilities

Monthly Food & Transport

Other Monthly Expenses

Desired Months of Coverage

Your Results

Enter your details to see results.

How This is Calculated

Formula:

Target Emergency Fund = Monthly Living Expenses * Coverage Months

Determines liquid cash reserves required to withstand unexpected financial shocks or income disruption. Most planners recommend 3 to 6 months of baseline living expenses.

Sources & Assumptions: Consumer Financial Protection Bureau (CFPB) emergency savings guidance.

How to Use This Calculator

Enter your monthly housing, utilities, food, and other expenses, plus the number of months you want to cover.

Frequently Asked Questions

How many months should I cover?

Experts typically recommend 3 to 6 months of living expenses.

Emergency Fund Calculator