Emergency Fund Calculator

How big should your emergency fund be, and how far are you?

Monthly essential expenses$

Months of coverage you want mo

Current emergency savings$

What you can save toward it per month$

Assumed inflation%

Target fund size

Gap remaining

Time to close the gap

Target in 10 years

future cost of the same emergency fund

Saved

Remaining

"Essential expenses" means what it would actually cost to keep the lights on and food on the table - rent or mortgage, utilities, groceries, insurance, minimum debt payments - not your full current spending. Keep this fund in something boring and instantly accessible (a high-yield savings account), not invested.