Emergency Fund Calculator

Find your emergency fund target and how much is still needed.

Your results

Enter your details and select Calculate to see your results.

This calculator provides an estimate for illustrative purposes only and does not constitute financial advice.

Answers to common questions about this calculator and its assumptions.

What is an emergency fund?

It is money set aside for unexpected essential expenses or loss of income.

How many months of expenses should I save?

Many people aim for several months of essential costs, but an appropriate target depends on their circumstances.

Where should I keep emergency savings?

Accessible cash savings may suit emergencies better than investments that can fluctuate.

Should I include discretionary spending?

The calculator focuses on essential monthly expenses.

For current UK financial rules and independent guidance, visit GOV.UK or MoneyHelper.