Budget & Freedom Free Tool
Emergency Fund Calculator
Estimate an emergency fund target based on your essential monthly expenses, desired months of coverage, and current emergency savings.
Privacy: Your numbers stay in your browser. Nothing you enter is saved or transmitted.
Enter Your Essential Monthly Expenses
Use expenses you would still need to cover during a financial emergency. Leave any category blank if it does not apply.
$
$
$
$
$
$
$
$
$
$
$
$
Your Emergency Fund Estimate
Estimated emergency fund target$0.00
Based on 3 months of essential expenses.
Essential monthly expenses$0.00
Current emergency savings$0.00
Amount still needed$0.00
Current progress0%
Estimated time to target—
Coverage Comparison
| Coverage | Estimated target | Status |
|---|---|---|
| 1 month | $0.00 | — |
| 3 months | $0.00 | — |
| 6 months | $0.00 | — |
| 12 months | $0.00 | — |
How this estimate is calculated
Emergency fund target = Essential monthly expenses × Desired months of coverage.
If you enter current emergency savings, the calculator subtracts that amount from the target. If you also enter a monthly savings amount, it estimates the number of months needed to close the remaining gap.