Emergency Savings Calculator

Saving for an emergency situation is crucial. These situations could range from becoming unemployed, medical emergencies, property damages, etc. Having an adequate amount of savings to ensure you can maintain a livable lifestyle if an emergency were to arise. Use this calculator to determine how much emergency savings you might need.

In a nutshell, one should save at least 3 to 6 months’ worth of expenses—but the exact amount depends on a few variables. You don’t need to include expenses for anything you’d cut from your budget in the event of a job loss or major catastrophe. This includes Savings for a second home, college savings or other goals.

This is a hypothetical estimate and the projections do not represent results from actual clients.

Annual Household Salary

Annual Retirement Savings

Federal Income Tax Rate

Household Checking or Savings Balance

Emergency Savings Duration

0 months

This is a measure of the number of months that you can sustain your current lifestyle in case of a unforeseen circumstances. Emergency savings may also provide you a source of cash for unexpected expenses like medical bills.


We recommend that emergency savings can replace your salary for at least 6 months.

Howard Capital Management, Inc. (“HCM”) is an SEC-registered investment advisor with its principal place of business in the State of Georgia. SEC registration does not constitute an endorsement of HCM by the SEC, nor does it indicate that HCM has arraigned a particular level of skill or ability. HCM only transacts business where it is properly registered or is otherwise exempt from registration. The data shown represents hypothetical performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance quoted. Indexes are unmanaged and one cannot invest directly in an index. Investing comes with risk, including the risk of loss. Investing comes with risk, including the risk of loss. HCM cannot guarantee success of any investments. Investments and investment recommendations made by HCM, including recommendations made by HCM-BuyLine®, may result in losses.