Emergency Fund Calculator
Works out how big your emergency fund should be.
Your result
Estimate only. Results update as you type.
How this calculator works
Target = essential monthly expenses × months of cover.
Worth knowing
Keep your emergency fund in an offset or high-interest account you can reach within a day.
Guides for this calculator
- Emergency Fund Calculator Explained for Australians
- Emergency Fund Mistakes Australians Make and How to Avoid Them
Questions
- Are investment returns guaranteed?
- Only some products, such as term deposits, have fixed rates. Share and fund returns vary and can be negative.
- Is my bank deposit protected?
- The Financial Claims Scheme guarantees deposits up to $250,000 per account holder per authorised bank.
- Is this investment advice?
- No. The calculators provide general information only.
This calculator gives general estimates using published Australian rates and formulas. It doesn’t consider your personal circumstances. Check current figures with the ATO, your state government or a qualified professional before making decisions. See our disclaimer.