Emergency fund calculator: how much, and when you'll get there

Enter what you'd still have to pay each month if your income stopped, how many months you want covered, what you've saved and what you can add each month. See your target, how many months you're covered now, and the month you'll reach each milestone.

✓ TestedSame calculation as the tested spreadsheet

How it works

Your target is your essential monthly expenses times the months you want covered: $3,650 a month for 6 months is $21,900. Essential means what you would still have to pay if your income stopped, not your whole budget. Months covered is what you have saved divided by those expenses. Each milestone is reached after the number of monthly deposits it takes to close the gap, rounded up to a whole month, starting next month. The spreadsheet adds a deposit and withdrawal log and a 24-month view.