Emergency Fund Calculator
Income type, dependents, and health coverage — three inputs that determine your actual target. Not the generic 3-to-6 months answer.
Fixed obligations: rent/mortgage, utilities, insurance, groceries, minimum debt payments
Your recommended emergency fund range
$13,500 – $13,500
Based on 3.0 months of core expenses ($4,500/mo)
Where to keep it: A high-yield savings account at an online bank (FDIC insured, no withdrawal limit, 4.50–5.10% APY as of May 2026). A no-penalty CD covers the upper portion if you want a rate lock. Do not keep an emergency fund in a standard CD — the early-withdrawal penalty defeats the purpose.
Methodology: Based on income-stability multipliers, dependent-load adders, and health-exposure factors from our guide on emergency fund sizing. This tool produces a target range, not personalised financial advice. For guidance specific to your situation, consult a CFP.