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Everyday money · Emergency fund & savings calculator

When could you afford it—with a cushion?

Plan emergency savings and a purchase goal without counting the same money twice.

No email or phone. Inputs stay in this tab. Amounts are USD.

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Keep up to three named scenarios, then change the calculator for the next one. Saved comparisons stay in this tab and disappear when you leave. To save a file, choose “Save as PDF” in your browser’s print dialog.

Example numbers are loaded. Replace them with your own situation.

Your goals
Your saving plan
Illustrative effective annual yield. Use your account’s rate.
Example result

Adjust the contribution or the deadline

Emergency fund target$18,000
Combined savings target$28,000
Monthly saving needed for deadline$919
Time to goal at current contribution43 months

Estimates update as you change the numbers. Review the assumptions below.

See the breakdown

Current cushion in months of essentials
1.7 months
Remaining amount today
$23,000
Balance at deadline
$17,651
Surplus / shortfall at deadline
-$10,349

Your plan over time

Projected savingsGoal
NowMonth 24
View exact values
Scenario values over time
PeriodProjected savingsGoal
Now$5,000$28,000
Month 2$6,026$28,000
Month 4$7,057$28,000
Month 6$8,093$28,000
Month 8$9,134$28,000
Month 10$10,181$28,000
Month 12$11,232$28,000
Month 14$12,289$28,000
Month 16$13,351$28,000
Month 18$14,418$28,000
Month 20$15,490$28,000
Month 22$16,568$28,000
Month 24$17,651$28,000

How to read this estimate

Your purchase goal is added to your emergency fund so the same dollars are not spent twice. Choose the cushion based on your income stability and obligations; the default is only an example.

APY is an assumed effective annual yield with monthly compounding; contributions arrive at month-end. Taxes, withdrawals, inflation and changing yields are excluded.

Time to goal is capped at 50 years. Use cash you can access for emergencies; investment returns are not guaranteed.

Worked example · fictional, not a real listing

Keep the emergency fund after the purchase

The example sets aside six months of $3,000 essential expenses: $18,000. A separate $10,000 purchase creates a combined $28,000 target, starting with $5,000 saved.

What to look for: The deadline calculation tells you what monthly contribution the combined goal needs. Keeping the emergency money separate avoids spending the same dollars twice.

The example figures above stay fixed while you edit your own scenario. Use “Load example” to restore default inputs where available.

Your next steps

  1. Total essential costs, including minimum debt payments and irregular bills.
  2. Keep your purchase budget separate from emergency reserves.
  3. Choose a sustainable contribution and revisit it when income or costs change.

Sources & assumptions

Linked sources explain the methods and considerations. Example rates, costs and future growth assumptions are editable illustrations, not current market quotes. Reviewed September 7, 2026.

These tools provide educational estimates. Confirm terms and inputs before making a financial commitment.

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