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Emergency Fund Timeline Calculator
Track progress building your emergency fund with milestones
Emergency Fund Timeline Calculator
$
months
$
$
%
Target Amount
$24,000
6 months of expenses
Current Progress
20.8%
Toward your goal
Amount Still Needed
$19,000
To reach target
Time to Full Fund
3 years 7 months
June 2029
Emergency Fund Milestones
✓
1 Month Emergency Fund (Minimum)
$4,000
Achieved!
3 Months Emergency Fund (Recommended)
$12,000
17 months away
6 Months Emergency Fund (Strong)
$24,000
43 months away
12 Months Emergency Fund (Maximum Security)
$48,000
89 months away
Why You Need an Emergency Fund
- Job Loss: Average job search takes 3-6 months
- Medical Emergencies: Even with insurance, out-of-pocket costs add up
- Car/Home Repairs: Major repairs can cost $1,000-5,000
- Avoid Debt: Don't rely on credit cards for emergencies (20%+ APR)
- Peace of Mind: Financial security reduces stress significantly