It is prudent planning to have at least three to six months of liquid/cash assets set aside in the event of a loss of job, medical emergency, short-term disability, etc. Use this calculator to help determine how much you need to set aside monthly or as a lump sum to create an emergency fund.
{
"fields" : {
"udata" : [
"monthlyIncome"
,
"fundsAvailable"
,
"fundsLast"
,
"beforeTaxReturn"
,
"taxBracket"
,
"monthsAccumulate"
,
"monthlyExpenses"
,
"mortgage"
,
"vacation"
,
"autoloan"
,
"persloan"
,
"cc"
,
"fedtaxes"
,
"statetaxes"
,
"fica"
,
"retaxes"
,
"othertaxes"
,
"utilities"
,
"repairs"
,
"food"
,
"clothing"
,
"education"
,
"childcare"
,
"autoexp"
,
"transexp"
,
"lifeins"
,
"homeowners"
,
"autoins"
,
"medical"
,
"entertain"
,
"travel"
,
"club"
,
"hobbies"
,
"gifts"
,
"homeimp"
,
"services"
,
"charity"
,
"other"
]
}
}
This calculator is provided by Financial Calculators, Inc., and is intended
solely for general information and educational purposes. You should not take
any action on the basis of the information provided through this calculator.
Please see the disclaimer for further information and
limitations.