Emergency Fund Calculator

Find out exactly how much you need โ€” and how long it'll take to get there.

Monthly essential expenses
Add up rent, food, bills, transport, insurance โ€” the things you must pay every month.
โ‚ฌ
Your job situation
This affects how many months you should aim to cover.
How stable is your income?
Very stable
Fairly stable
Uncertain
Your recommended emergency fund
โ‚ฌ0 โ€” โ‚ฌ0
Covers 3โ€“6 months of essential expenses

How far along are you?

Current savings set aside for emergencies
โ‚ฌ
โ‚ฌ0 โ‚ฌ0 target
0%
Enter your current savings above to see your progress.

How long will it take?

Saving per month โ‚ฌ100
โ€”
To minimum goal
โ€”
To mid-range goal
โ€”
To full goal

Tips for your situation

๐ŸŒฑ Where to keep your emergency fund

Your emergency fund should be earning something while it sits there. Trade Republic pays a high interest rate per year (at the moment of writing 3%) on your cash savings โ€” fully accessible, no lock-in, regulated by BaFin. Open an account in minutes from your phone.

Open a Trade Republic account โ†’

Affiliate link โ€” Sprout Money can earn a small commission if you sign up, at no cost to you. Savings rates variable and subject to change. Deposits up to โ‚ฌ100,000 protected under German deposit guarantee scheme.