How many months of coverage should I target?

It depends on your job stability and other income sources — 3–6 months of essential expenses is a common starting guideline, with more for less stable income situations.

Emergency Fund Calculator

Everyday Budgeting

Calculate a recommended emergency fund size based on your essential monthly expenses.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Essential monthly expenses

Target months of coverage6

Recommended emergency fund

How this is calculated

Recommended Fund = Essential Monthly Expenses × Target Months of Coverage. 3–6 months is a commonly cited range, adjustable based on job stability and other risk factors.

Frequently asked questions

How many months of coverage should I target?: It depends on your job stability and other income sources — 3–6 months of essential expenses is a common starting guideline, with more for less stable income situations.

Savings Goal Calculator

Calculate the monthly contribution needed to reach a savings target by a given date.

Budget Calculator

Split your take-home income into needs, wants, and savings using the 50/30/20 rule.

Savings Calculator

Project your savings account balance from an initial deposit and recurring monthly deposits.