Emergency Fund Calculator

Your details

Enter a single essentials figure, or break it down by category for a more accurate target.
Only the necessities: housing, utilities, food, insurance, minimum debt payments, transport.
How much you can add to the fund each month. Used to project when you reach the goal.
Annual yield on a high-yield savings or money-market account. Used to grow the balance while you save.
%
Currency
Recommended fundUnderfunded
$18,000
Monthly essentials used$3,000
Current savings$4,000
Still to save$14,000
Progress toward goal22%
Time to fully funded27s
Interest earned while saving$500
Saved so far$4,000
Recommended fund$18,000

Save 14,000 more to reach a 6-month fund.

  • You are 22% of the way toward a 18,000 goal, with 14,000 to go.
  • At 500 per month you reach the goal in about 2.3 years.
  • Automate a transfer on payday so the contribution happens before you can spend it.

Next stepStart by aiming for one month of expenses, then build toward the full target.

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