Emergency fund

Compare current emergency savings with a months-of-expenses target and a fill-in plan.

An emergency fund is part of household finances and sits beside how much should I save for retirement in longer-term accounts.

Labels the illustrated state and tax-year pack. This tool’s numbers do not change with state income tax. Medicare, HSA, 401(k), and RMD rules stay federal.

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Nothing is saved. Leaving this page restores the example.

Example report

Illustrated results

Suggested target

$24,000

Current savings

$8,000

Gap

$16,000

Monthly save to fill in 24 months

$667

Emergency fund progress

Saved: $8,000Target: $24,000

Assumptions

  • 6 months of essential expenses is a common educational range, not a personal recommendation.
  • This tool does not model unemployment benefits, insurance, or household-specific risk.
  • Rule year 2026: IRS federal income tax (2026-rev-proc-2025-32) and California state rules (2026-enacted-v1; progressive income tax). Medicare IRMAA, HSA, 401(k), and RMD tables are federal.

Educational planning software—not investment, tax, legal, Medicare, or Social Security advice. Projections depend on your inputs and assumptions. Optional professional review is separate when available.

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