Emergency Fund Calculator
Calculate exactly how much emergency fund you need for your specific situation.
$3,200
6 months
$4,000
$400
Your Emergency Fund
21%funded
Target: 6 months
$19,200
Current Savings$4,000
Remaining$15,200
Months to Goal38 months
Monthly Expense Breakdown
Housing (rent/mortgage)~$1,120
Food & groceries~$480
Utilities & bills~$320
Transportation~$384
Insurance~$256
Other essentials~$640
Where to Keep It
Store your emergency fund in a high-yield savings account (HYSA) at an FDIC-insured bank. Do not invest it — you need it liquid and safe. Avoid CDs (early withdrawal penalties) and stocks (volatility risk).