Budgeting for Emergencies

Comprehensive emergency fund planning with scenario analysis

Essential Monthly Expenses ($)

Discretionary Expenses ($)

Target Emergency Fund (months)

Current Emergency Savings ($)

Monthly Contribution ($)

Expected Annual Return (%)

Medical Emergency Cost ($)

Car Repair Cost ($)

Home Repair Cost ($)

Total Monthly Expenses

$3,000

Target Emergency Fund

$18,000

Amount Still Needed

$13,000

Months to Reach Goal

Projected Savings (5 years)

$38,131

Interest Earned (5 years)

$3,131

Job Loss Coverage (months)

1.7

Inflation-Adjusted Target

$18,224

Essential vs Discretionary

83% essential, 17% discretionary

After Medical Emergency ($2000)

$3,000

Manageable

After Car Repair ($1500)

$3,500

Manageable

After Home Repair ($3000)

$2,000

Manageable

After Medical + Car Repair

$1,500

Manageable

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