Emergency Fund & Savings Calculator
Calculate your emergency fund target or set any savings goal — and see exactly how long it takes to get there.
Why an emergency fund changes everything.
An emergency fund isn't about being pessimistic — it's about buying yourself options. When the unexpected hits (job loss, medical bill, car repair), having 3-6 months of expenses in cash means you make decisions from stability, not panic. That changes every calculation.
Where you park that cash matters more than most people think. A regular savings account at 0.01% APY barely keeps up with checking. A high-yield savings account at 4-5% APY turns your safety net into a quiet growth engine — earning hundreds or thousands in interest while staying fully liquid.
The exact amount depends on your situation. Freelancers and single-income households lean toward 6-9 months. Dual-income households with stable jobs can get away with 3-4 months. The right number is the one that lets you sleep at night.
Keep building your financial plan.
Budget Calculator
Your budget determines how much you can set aside each month — the most important variable in reaching your goal.
Try it →Compound Interest Calculator
Once your safety net is built, your next move is putting money to work. See how compounding turns contributions into wealth.
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