Translate essential monthly costs into a cash reserve target.
Calculated in your browser. No account required. Illustrative estimate. Review the assumptions before using the result.View calculation table
How this calculation works
Target = monthly essential expenses × months of coverage.
The funding gap is max(0, target − existing reserve). Months to close the gap are rounded up from gap divided by the monthly saving amount.
A worked example
At $2,000 essential expenses, three months of coverage means $6,000. With $2,000 saved and $500 monthly saving, the gap takes eight months.
Assumptions and limitations
Choose coverage for your own circumstances. No interest, inflation, income loss timing, or investment returns. This does not prescribe a suitable reserve for an individual.
Common questions
Why can my actual result differ?
Choose coverage for your own circumstances. No interest, inflation, income loss timing, or investment returns. This does not prescribe a suitable reserve for an individual.
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