Emergency Fund Calculator

An emergency fund helps to protect your finances when the unexpected happens - especially the loss of a job. Most experts recommend an emergency fund of between three and nine month's expenses for a worst-case scenario. But what's right for you?

The answer depends on your current spending, how much you could cut spending, and how long it may take to find a comparable job. This calculator can help you capture some of these variables and provide a savings goal to consider. Then try our Short-Term Savings Calculator to create a savings plan.

Some savings is always better than none. Even a small emergency fund may prevent credit card debt for an unexpected expense.







 Less than 3 months

 3 - 6 months

 6 - 9 months

 9 months or more

Not sure how much you spend per month? Your checking account statement likely shows all spending, including bills and debt payments.