Emergency Fund Calculator
Find out exactly how much you need to save for a financial safety net based on your expenses, employment situation, and risk profile.
Monthly Expenses
Enter your average monthly spending in each category.
Risk Factors
Your Recommendation
4 months -- single-earner households need a reliable cushion
You need $12,800 more
Switch to the tab to see how quickly you can close the gap.
Key Insights
Where to Keep It
A high-yield savings account (HYSA) is the best home for your emergency fund. You get FDIC insurance, easy access, and competitive interest rates -- typically 4-5% APY -- without risking your principal.
Don't Invest It
Your emergency fund is not an investment. Stocks, crypto, and bonds can lose value at the worst possible time. This money needs to be safe, stable, and instantly accessible when life throws a curveball.
Automate Your Savings
Set up automatic transfers from your checking to your HYSA on payday. Treating savings like a non-negotiable bill makes building your fund effortless and consistent over time.
Frequently Asked Questions
Disclaimer
This calculator provides general estimates for educational purposes only and does not constitute financial advice. Your actual emergency fund needs may differ based on personal circumstances, health conditions, dependents, and other factors not captured here. Consult a qualified financial advisor for personalized recommendations.
Want a Personalized Financial Safety Net Plan?
Warren AI can help you build a complete savings strategy tailored to your income, expenses, and financial goals -- beyond just your emergency fund.