LearnwithStanley Calculators

How big should my emergency fund be?

An emergency fund covers your essential expenses if your income stops. See your target and how long it takes to get there.

Your expenses

$
Housing, food, bills, loan repayments and insurance.
months
3 to 6 months is a common guide. Consider more if your income is irregular.

Your savings

$
$
% / yr
Your emergency fund target
—
Still to save
—
Time to reach your target
—
Months you’re covered today
—
Interest earned along the way
—

Building your fund

Your emergency savings Target

Interest is compounded monthly and savings are added at the end of each month.