Emergency Fund Calculator

Estimate a target emergency fund based on essential expenses and coverage months.

No account required.

Display currencyFormatting only — no currency conversion.

Inputs

Essential monthly expenses

Current emergency savings

Desired coverage (months)

Build period (months, optional)

Monthly amount needed to close the gap over this period

Results

Target emergency fund: €12,000
Current savings: €5,000
Still needed: €7,000
Current coverage: 2.5 months
Percent funded: 42%
Monthly to build (estimate): €583.33

Your current savings cover about 2.5 months of essential expenses.
The amount still needed is an estimate based on your coverage goal.

Choosing coverage months

Common planning ranges are 3–6 months for stable income and up to 12 for variable income or higher uncertainty. There is no single correct answer for everyone.

What counts as essential

Include costs you would still need if income paused temporarily — housing, utilities, food, insurance, minimum debt payments, and similar necessities.

Related reading: Budgeting in uncertain times

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Budgeting in a Crisis: How to Protect Your Finances When Everything Feels Uncertain

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