Emergency Fund

Protect yourself against life’s surprises. An emergency fund shields your finances when the unexpected strikes - especially if you lose your job. Experts generally recommend saving three to nine months’ worth of essential expenses.

What’s the right amount for you? It depends on your actual spending, how much you could trim back, and how long a new, similar-pay job might take. Use this tool to plug in those variables and get a personalized savings target.

Some savings is always better than none. Even a modest fund can keep you from turning to high-interest credit cards when you face an unexpected bill.

These calculators are made available to you as informational and educational tools for your independent use and are not intended to provide financial or investment advice. These calculators are not offers, representations or warranties and do not describe any particular products or services. Results depend on many factors, including the information you provide and we do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You should not take any action on the basis of the information provided through these calculators. These calculators are not investment, legal, accounting or tax advice. Please consult with your financial, investment, tax and/or legal advisors for advice regarding your personal circumstances.