Emergency Fund Ratio Calculator

How many months of expenses does your emergency fund cover?

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Coverage Ratio

Enter your emergency savings and monthly expenses.

Months of coverage
0
Status: β€”
Months covered
0
Recommended (3 months)
$0
Recommended (6 months)
$0
Shortfall
$0
Surplus
$0
Goal progress
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Emergency savings ($)$15,000
Monthly essential expenses ($)$3,500
ResultValue
Months of coverage4.3
Months covered4.3
Recommended (3 months)$10,500
Recommended (6 months)$21,000
Shortfall$6,000
Goal progress71.4%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Coverage Ratio

  1. Emergency savings ($) β€” default $15,000
  2. Monthly essential expenses ($) β€” default $3,500
  3. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references