Emergency fund target

How to use this calculator

1. Enter essential monthly expenses. Use the unit shown beside the field.
2. Enter months to cover. Use the unit shown beside the field.
3. Select Calculate and review the result. Select Reset to restore the example inputs.

How the calculation works

Target = monthly expenses × months.

Worked example

Entering 1,500 and 6 gives a primary result of 9,000.

Understand your result

Use this result together with the worked example and the assumptions below. Estimate a savings target from your own chosen period.

Assumptions and limitations

Estimate a savings target from your own chosen period. Check units and assumptions before using the result in a decision. Results are rounded for display.

Questions about this tool