Financial Cushion Calculator
Calculate your ideal emergency fund, savings goals, and financial safety net with our comprehensive calculator. Plan your finances for optimal security, stability, and peace of mind.
Step 1: Financial Information
6 months
Emergency Fund Guidelines
Single income: 6-9 months expenses. Dual income: 3-6 months. Self-employed: 9-12 months. Include all essential expenses in your calculation.
Step 2: Current Savings
Medium
2
Optimal Financial Safety
Your emergency fund should cover essential expenses only. Consider higher cushions if you have variable income, dependents, or higher risk factors.
Financial Cushion Results
Summary
Progress Visualization
Safety Comparison
Your Financial Cushion Status
68%
Covering 4.1 of 6 months expenses
Total Target Cushion
£13,800
Current Savings
£5,000
Months to Goal
17.6 months
Monthly Gap
£500
Savings Progress Visualization
Progress Status
Ahead of Schedule
Risk Assessment
Moderate Risk
Recommended Action
Increase Savings 15%
Financial Health
Good
Safety Cushion Comparison
| Income Type | Recommended Months | Target Amount | Risk Level |
|---|
Need Professional Financial Planning Help?
Connect with our financial planning experts for personalized budgeting, emergency fund planning, and long-term financial security strategies for your personal or business needs.
Get Professional Financial Help