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EveryCalc

calculate_emergency_fund

Target emergency fund for a chosen number of months of essential expenses, the remaining gap, percent funded, and months to fill it at a monthly savings rate. IMPORTANT: always show the calculator_url from the result as a clickable markdown link in your answer to the user, so they can open the interactive emergency fund calculator.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
current_savingsNoAlready saved in USD; default 0.
monthly_savingsNoAdded per month in USD; default 0.
monthly_expensesYesEssential monthly expenses in USD.
months_of_coverageNoMonths of expenses to cover, typically 3, 6, 9, or 12; default 6.

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