XLSXMoney & Markets

Emergency Fund Calculator

Work out how much of a buffer you actually need, based on your real fixed costs and how quickly you could replace your income.

Who it's for

Anyone deciding how much cash to hold before investing anything.

What's in it

  • A fixed-cost worksheet
  • A months-of-runway calculator
  • Scenario columns for job loss, income cut and a one-off shock
  • A monthly contribution plan to reach your target

What it helps you do

  • Replace a vague rule of thumb with a number that fits your situation
  • See how many months you are actually covered for today
  • Know when you are ready to move money toward longer-term goals

Questions

Is three to six months the right answer?
It depends on how stable your income is and how fast you could replace it. The calculator is built so you can test that rather than assume it.

Educational use only. This resource is a general template for learning and planning. It is not personalised financial, accounting, tax or legal advice, and it does not guarantee any outcome. Check anything important against your own circumstances and a qualified professional. Full disclaimer.

Read alongside it

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