Emergency Fund Calculator
Calculate how much you should have saved for unexpected expenses. Your ideal emergency fund depends on your monthly expenses and personal risk factors.
You're making progress! Consider setting up automatic transfers to build your emergency fund faster. Even $200/month would get you to your goal in about 2.5 years.
How Much Emergency Fund Do You Need?
The standard recommendation is 3-6 months of essential expenses, but your ideal amount depends on your personal situation. We adjust your target based on risk factors:
- 3 months: Dual income, stable jobs, no dependents, good health
- 4-5 months: Some risk factors present
- 6+ months: Single income, dependents, variable income, health concerns, or homeowner
Your emergency fund should be kept in a high-yield savings account that's easily accessible but separate from your regular spending accounts.
Disclaimer: This calculator is provided for educational and informational purposes only. Results are estimates based on the inputs you provide and may contain errors or inaccuracies. This tool does not constitute professional financial, investment, or tax advice. Individual circumstances vary, and you should consult with a qualified financial advisor, accountant, or other professional before making any financial decisions. We make no guarantees regarding the accuracy, completeness, or reliability of the calculations or results provided.
Track Your Emergency Fund with SavePoint
Set savings goals, track progress automatically, and get insights on your financial security.
Get SavePoint - One-Time Purchase