Emergency Fund Calculator
How big your safety net should be, and how long to build it.
Enter your values
Results update instantly as you type — no submit needed.
Results
- Target fund
- $19,200.00
- Still needed
- $15,200.00
- Months to get there
- 31 months
- Current coverage
- 1.3 months
Quick answer
An emergency fund should cover three to six months of essential expenses — rent, food, utilities, insurance, minimum debt payments and transport.
How to use the Emergency Fund Calculator
- 1Add up your essential monthly costs.
- 2Choose how many months of cover you want.
- 3Enter current savings to see the gap.
Frequently asked questions
Three months or six?
Three is reasonable for a dual-income household in a stable job; six or more suits single earners, freelancers and commission roles.
Should the fund be invested?
No. It needs to be instantly accessible and stable in value, so cash or a high-yield savings account is the right home.