Emergency Fund Calculator
Calculate how much you need in your emergency fund and how long it will take to build it.
Your Expenses
$
$
$
Your Emergency Fund Goal
Progress19%
Target Fund
$27,000
Still Needed
$22,000
Time to Reach Goal
3y 8m
How Much Emergency Fund Do You Need?
Financial experts recommend saving 3-6 months of essential expenses in an easily accessible account. If you have a single income, work in an unstable industry, or have dependents, aim for 6-9 months. Your emergency fund should cover rent/mortgage, utilities, food, insurance, and minimum debt payments.
Where to Keep Your Emergency Fund
Keep your emergency fund in a high-yield savings account (HYSA) where it earns interest while remaining easily accessible. In 2026, top HYSAs offer 4.5-5.0% APY. Avoid investing your emergency fund in stocks or locking it in CDs — the point is immediate access when you need it.