Money Scale
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Emergency Fund Calculator

Size your emergency fund based on essential expenses, job stability, and dependents. Get a 3-to-12-month target you can actually trust.

Last reviewed: · Reviewed by the Money Scale editorial team · How we source our data

Power mode. Every input exposed, every assumption sourced, charts and shareables.

Emergency Fund
Months of expenses you have covered, and how long until you hit your target. CFPB recommends 3–6 months for most households.

$2,000

$3,500

$300

6 months

Quick targets

Tap a preset to snap your target instantly.

You're covered for

0.6 months

Target

$21,000

$19,000 to go. At $300/mo, you'll hit your target in 5.3 years.

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My Emergency Fund Status
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🛟 0.6 mo covered

Current savings: $2,000 of $21,000

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The Emergency Fund Calculator sizes your safety net based on your actual essential expenses, job stability, and number of dependents — not a one-size rule. Then it tells you how many months until you hit the target at your current saving rate. The point isn't to scare you; it's to give you a concrete number to aim at and a date to hit it by.

Free, private, and no signup

Money Scale is built the opposite way from the big finance sites: the numbers you enter never leave your device, and there's nothing to sign up for.

  • Your numbers stay privateEvery calculation runs in your browser. We never receive or store your salary, balances, or inputs.
  • Always freeNo paywall, no upsell to a calculator that actually works.
  • No login, no emailUse every tool instantly — we never gate results behind a signup.
  • Sourced defaultsStarting rates and assumptions cite real data, not made-up numbers.

How this calculator works

  1. Enter your essential monthly expenses (housing, food, utilities, insurance, minimum debt payments — NOT entertainment or eating out).
  2. Set how many months of expenses you want covered. 3 months is the conservative minimum; 6+ if you're a single earner, freelancer, or in a volatile industry.
  3. Enter what you've already saved and how much you're adding to it each month.
  4. Read the months-to-target number. If it's longer than you're comfortable with, the levers are: cut essential expenses (hard), increase contributions (medium), or accept a smaller target (fine — three months beats zero).

target = monthly_expenses × months_of_coverage | months_to_target = (target − current_savings) / monthly_contribution

Two simple ratios. The first sets your goal; the second projects when you'll hit it at your current saving pace. The whole point is to make the goal concrete and time-bound rather than abstract.

monthly_expenses
Essential outflows per month — housing, food, utilities, insurance, minimum debt
months_of_coverage
How long the fund should sustain you with zero income (3–12 typical)
current_savings
What you have today in your emergency fund (a HYSA, not invested)
monthly_contribution
What you add to the fund each month

Frequently asked questions

Three months is a reasonable minimum for a stable dual-income household. Six to twelve months is safer for single earners, freelancers, or anyone in a volatile industry.

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Sources
Every default value is sourced. Verify anything.
National Avg Savings APY — 0.38% (as of May 2026)FDIC National Rates and Rate Caps High-Yield Savings (typical) — 4% (as of May 2026)FDIC National Rates + reported HYSA APY (top online banks) S&P 500 — 10% (as of 2026 (1928–2025 dataset))NYU Stern (Damodaran) — S&P 500 Annual Returns 1928–2025 Total US Stock Market — 9.7% (as of 2026)CRSP US Total Market Index (long-run avg) 10-Year Treasuries — 4.5% (as of May 2026)Federal Reserve FRED — 10-Year Treasury (DGS10) US Real Estate — 4.2% (as of 2026)S&P CoreLogic Case-Shiller US National Home Price Index (FRED) Gold — 7.8% (as of 2026)World Gold Council historical price data Long-run CPI Inflation — 3% (as of 2026)Bureau of Labor Statistics — CPI-U (long-run avg) 30-Year Fixed Mortgage — 6.36% (as of May 2026)Freddie Mac PMMS — 30-Year Fixed Rate Mortgage Average Credit Card APR (avg, accounts assessed interest) — 21.52% (as of May 2026 release (March 2026 data))Federal Reserve G.19 — Consumer Credit Auto Loan (60-month new car, avg) — 7.52% (as of May 2026 release (March 2026 data))Federal Reserve G.19 — Consumer Credit Personal Loan (24-month unsecured, avg) — 11.4% (as of May 2026 release (March 2026 data))Federal Reserve G.19 — Consumer Credit Federal Direct Subsidized/Unsubsidized (Undergrad) — 6.52% (as of AY 2026-27)US Dept of Education — Interest Rates and Fees for Federal Student Loans HELOC (typical introductory rate) — 7.26% (as of May 2026)Bankrate — Current HELOC Rates 12-month CD (top online rate, typical) — 4.1% (as of May 2026)FDIC + reported top online CD rates Mortgage Refinance Closing Costs (typical) — 3% (as of 2026)Freddie Mac — Cost of Refinancing College Tuition Inflation (long-run avg) — 4% (as of AY 2025-26 (Nov 2025 publication))College Board — Trends in College Pricing 2025