See how many months your savings would cover, and how to reach your target.
Your emergency fund runway is your savings divided by your essential monthly expenses. A common rule of thumb is three to six months of expenses, more if your income is irregular; this tool shows your current runway and a plan to reach your target.
Educational only, not financial advice. This tool gives estimates based on what you enter and the stated assumptions. It is not financial, tax, or legal advice. Talk to a licensed professional before you make decisions. Everything is calculated in your browser, and nothing you type or upload leaves your device.
A widely used rule of thumb is three to six months of essential expenses. People with variable income, one earner in the household or less stable jobs often aim higher.
For runway, essentials are what matter: housing, food, utilities, insurance, transportation and minimum debt payments. You would likely cut extras in an emergency.
Somewhere safe and easy to reach, such as an insured high-yield savings account, rather than invested in assets that can drop in value right when you need them.