How much should I set aside for emergencies?
This tool shows how much you need to save, in total and on a monthly basis, to create an emergency reserve fund for unanticipated expenses or loss of income.
Note: This tool is meant to estimate emergency expenses for a minor incident. It is not intended to calculate incidents that may cause a long-term disability. Because of the nature of unexpected emergencies, the amount estimated here is very rough and may be overly simplified for major incidents.
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