Emergency Fund Planner

Estimate a practical cash reserve in Canada using essential monthly expenses and your current savings.

1Enter only essential monthly costs.

2Pick how many months of coverage you want.

3Use the gap figure as your savings target.

Housing

Food

Transport

Insurance

Other essentials

Months of coverageCurrent emergency savings

Emergency fund target

$17,100

Remaining gap: $15,100

Monthly essentials

$2,850

Current savings

$2,000

Emergency Fund Planner
Monthly essentials: $2,850
Months covered: 6
Current savings: $2,000

Emergency fund target: $17,100
Remaining gap: $15,100

Exports for this tool