Emergency fund calculator
Work out how many months of expenses to keep in cash before you start investing.
Your emergency fund target
You need $16,000 more. At $400 a month you get there in 3 yr 2 mo.
How this calculator works
Your target is your essential monthly spending times the months you want covered. The calculator then shows how long your monthly saving takes to get there, with interest.
An emergency fund means a surprise never forces you to sell investments at a bad time.
Common questions
How many months do I need?
Three to six months of essentials is the usual guideline; more for one income, kids or irregular pay.
Where should I keep it?
Somewhere safe and easy to reach, such as a high-yield savings account.
Should I invest before it is complete?
Many people build a starter fund first, then split new money between the fund and investing, especially to get an employer match.
FatDCA calculators are educational estimates, not investment, tax or legal advice. Results depend on the assumptions you enter, and past returns do not predict future returns.
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