Emergency Fund Calculator
Sets an emergency fund target and shows how long it takes to build.
Target
—
Share sends a link that reopens these numbers. Copy details pastes the full breakdown as a list.
Still to save —
Time to get there —
Current cover — months
Reading this —
The formula
target = essential spending × months of cover
Use essentials only, such as housing, food, bills and debt payments.
What to watch out for
Keep it somewhere you can reach quickly and that will not fall in value.
Frequently Asked Questions
How big should an emergency fund be?
Three to six months of essentials is the usual guide. At 2,500 a month, six months is 15,000.