Emergency Fund Builder

Set a target (e.g. 3–6 months of expenses) and see how long it takes to get there at your savings rate.

Why an emergency fund?

An emergency fund covers unexpected expenses (car repair, job loss, medical bill) without going into debt. Many advisors suggest 3–6 months of essential expenses in a separate savings account. This tool shows your target amount and how many months it will take to reach it based on your current savings and monthly contribution.

Your situation

Monthly essential expenses

Rent, utilities, food, insurance, minimum debt payments

Target (months of expenses)

Common goal: 3–6 months

Current emergency savings

Monthly contribution

Amount you can add each month

Savings interest rate (% per year)

e.g. high-yield savings ~4–5%

Your emergency fund plan

Target amount

Months to goal

Goal reached by

Savings over time

Progress to goal (%)

Month-by-month (first 24 months)

Month	Balance	Interest	Contribution	% of goal

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