MarketPathAcademy

Emergency fund

Work out how much to keep aside for 3 to 12 months of essential expenses, and how long it takes to get there.

What you enter

  • Monthly essential expenses
  • Months to cover
  • Emergency savings you already have
  • You can add each month

How this is calculated

  • Target = monthly essential expenses × months to cover.
  • Time to target = (target − current savings) ÷ monthly addition, rounded up.

More in this category

◫ Budget & cash flow⚖ Net worth⇆ Cost of living comparison✎ Child education planner↑ Inflation◎ Goal planner

These calculators show illustrative outcomes only. Returns are not guaranteed. Tax rules and rates change; verify them before acting. Nothing here is financial, tax or legal advice.