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Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage and even legal issues more manageable. With adequate emergency savings, you can focus on how to best meet your family's needs, rather than worrying about finding the money to handle these difficult situations. This calculator helps you determine how much emergency savings you may need, and how you can begin saving toward this important goal.
Educators Credit Union
These calculators are made available to you as informational and educational tools
for your independent use and are not intended to provide financial or investment advice.
These calculators are not offers, representations or warranties and do not describe any particular
products or services. Results depend on many factors, including the information you provide and we
do not guarantee their applicability or accuracy in regards to your individual circumstances.
All examples are hypothetical and are for illustrative purposes.
You should not take any action on the basis of the information provided through these calculators.
These calculators are not investment, legal, accounting or tax advice. Please consult with your
financial, investment, tax and/or legal advisors for advice regarding your personal circumstances.