How much do I need for emergencies?

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.
Assumptions
Current gross monthly income ($) 
Current emergency funds available ($) 
Number of months for funds to last 
Before tax return on savings (%)help
Marginal tax bracket (%)help
Number of months to accumulate funds 
Expenses
Total monthly living expenses, if plan to itemize below then leave at 0. ($) 
Or Itemize Monthly
Mortgage payment or rent ($) 
Vacation home (mortgage) ($) 
Automobile loan(s) ($) 
Personal loan(s) ($) 
Charge accounts ($) 
Federal income taxes ($) 
State income taxes ($) 
FICA (social security taxes) ($) 
Real estate taxes ($) 
Other taxes ($) 
Utilities ($) 
Household repairs and maintenance ($) 
Food ($) 
Clothing and laundry ($) 
Educational expenses ($) 
Child care ($) 
Automobile expenses (gas, repairs, etc.) ($) 
Other transportation expenses ($) 
Life insurance premiums ($) 
Homeowners (renters) insurance ($) 
Automobile insurance ($) 
Medical, dental and disability insurance ($) 
Entertainment and dining ($) 
Recreation and travel ($) 
Club dues ($) 
Hobbies ($) 
Gifts ($) 
Major home improvements and furnishings ($) 
Professional services ($) 
Charitable contributions ($) 
Other and miscellaneous expenses ($) 
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This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company or its affiliates and email service provider, DocuMatix, Inc, assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. Use of service is provided without warranty of any kind, either express, implied or statutory, including FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, AND ACCURACY. Use of service is entirely at users own risk and user should seek professional financial and legal advice without reliance on service. Provider and email service provider shall not be liable for any lost profits, lost business, direct or indirect, punitive or consequential damages or damages of any kind arising out of service use. This agreement shall be governed and enforced by Utah law, with courts located in Salt Lake County, Utah the sole and exclusive venue. User agrees to indemnify and hold harmless company, email service provider, and affiliates from any and all liabilities and costs (including attorney fees) for any improper use or violation of these terms.

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