Emergency Fund Calculator
How much runway do you actually have? Enter your expenses and savings, pick your coverage target, and see exactly when you'll be fully funded.
Your emergency fund target
$16,800
Currently covers 0.5 months
9% toward goal
Target
$16,800
6 months of expenses
Current savings
$1,500
0.5 months covered
Gap to close
$15,300
Remaining to save
Months to fully funded
51
By July 2030
At $300/month you'll be fully funded by July 2030
That's 51 months from today
Your numbers
After-tax income per month
Housing · utilities · groceries · min debt payments
Money already set aside
How much you can add each month
Why 6 months?
Financial planners recommend 3–6 months as a baseline. If you're self-employed, have variable income, or support dependents, aim for 9–12 months. The fund covers job loss, medical emergencies, and unexpected repairs — without touching retirement accounts or going into debt.
After the emergency fund — priority order
- 1Build emergency fund (you're here)
- 2Pay off high-interest debt (> 7%)
- 3Max employer 401(k) match
- 4Max HSA if eligible
- 5Max Roth IRA ($7,000 / year, 2024)
- 6Max 401(k) ($23,000 / year, 2024)
- 7Taxable brokerage / extra mortgage paydown
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