Emergency Fund Calculator

Cash reserves come before investing. This sizes them based on essential expenses and your specific risk factors.

Target emergency fund

—

Recommended months of expenses—

Currently saved—

Gap remaining—

Months to fill at $500/mo—

Where to keep it: A high-yield savings account or money market fund — somewhere FDIC-insured (or government MMF), paying close to the federal funds rate, accessible within 1–2 business days. Not invested in stocks. Not in your checking account.