Discover the benefits of emergency savings. Find 4 tips that can help boost your financial health in the face of an unexpected setback.
Emergency funds: 4 tips to boost your financial health

Financial shocks come in all shapes and sizes and can happen at any time. They can be as minor as needing to replace a broken household appliance or as major as losing your job.
Emergencies can cause you to face challenging decisions and threaten your financial well-being. The good news—you can be ready to tackle whatever surprises life throws your way with an emergency reserve.
Benefits of having emergency savings
Setting aside money in separate accounts that are earmarked for emergencies:
4 emergency savings tips to help set you up for success
Want some help balancing your emergency saving needs with your other goals?
Vanguard Digital Advisor® can help. It offers a low-cost, automated way to save for your goals, simplify investing decisions, and access exclusive features like our Rainy Day Tool, designed to help you make the most of your emergency funds.
The cost of taking a $10,000 retirement withdrawal
This hypothetical example assumes that you miss out on 30 years of compounding at an annual 6% return. It doesn't represent any particular investment nor does it account for inflation, and the rate is not guaranteed.
See how Digital Advisor can simplify your life.