How much do I need for emergencies?


Discovery Resource # C-14
Resource Topic: Wealth Management
Planning Tools: Calculator
Career Phase: Evaluate & Decide Learn Plan Practicing/Living
Description: How much do I need for emergencies?
Description:
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.