• Keep funds in easily accessible savings accounts
• Start with $1,000 as your initial milestone
• Adjust target based on job security and dependents
Enter your monthly expenses to calculate your emergency fund needs
Get personalized recommendations based on your risk factors
Get customized recommendations based on your job stability, dependents, income type, and insurance coverage.
See how your current savings would handle real emergencies like job loss, medical bills, or major repairs.
Get a clear timeline for reaching your emergency fund goal with your current savings rate.
Understand different emergency fund levels from starter funds to comprehensive coverage options.
Most experts recommend 3-6 months of expenses, but your ideal amount depends on job stability, dependents, income type, and insurance coverage. Self-employed individuals should aim for 6-12 months.