Emergency Fund Calculator
Calculate how much you need in your emergency fund and track your progress toward financial security.
Your Information
$
Rent, utilities, food, insurance, minimum payments
$
Money set aside for emergencies only
$
How much you can save each month
This affects how many months of expenses you should save
Emergency Fund Target
$24,000
6 months of expenses
Progress33%
You have some coverage, but need to build more.
Current Coverage
2.0 months
Still Needed
$16,000
Time to Goal
32 months
At $500/month
Emergency Fund Best Practices
What to Include
- ✓ Rent or mortgage payment
- ✓ Utilities (electric, water, gas)
- ✓ Groceries (not dining out)
- ✓ Health insurance premiums
- ✓ Minimum debt payments
- ✓ Transportation basics
Where to Keep It
- ✓ High-yield savings account
- ✓ Money market account
- ✗ Not in stocks or investments
- ✗ Not in checking (too easy to spend)
- ✗ Not in CDs (not liquid enough)
Track Your Emergency Fund Progress
Connect your bank accounts and Adphex will track your emergency fund, categorize expenses, and help you reach your goal faster.