Maternity
Savings Planner
Plan your finances for maternity leave with this free calculator. Calculate how much to save based on your expenses, leave duration, and employer benefits.
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How This Maternity Works
The calculator estimates your income gap during unpaid leave portions and partial-pay periods. It adds a buffer for baby essentials and divides the total by your saving timeline to show monthly targets. The goal is ensuring you can cover expenses without financial stress during leave.
When Should You Use This Tool
Start planning as soon as you know or suspect pregnancy, or ideally before conceiving. The earlier you begin saving, the smaller the monthly commitment. Use this tool to set realistic budgets and identify where to cut expenses to meet savings goals.
Is This Tool Accurate and Safe
This calculator provides estimates based on your inputs. Actual costs vary based on healthcare, delivery complications, childcare arrangements, and personal choices. Consider building additional buffer beyond the calculator results. All data stays private in your browser.
Frequently Asked Questions
How much should I save for maternity leave?
Most experts recommend saving 3-6 months of expenses if taking unpaid leave. If you have partial paid leave, calculate the gap between your normal income and leave pay, then multiply by leave duration.
What expenses should I plan for during maternity leave?
Plan for regular bills, rent/mortgage, utilities, food, insurance, baby supplies, potential medical copays, and an emergency buffer. Some expenses like commuting costs may decrease while others increase.
When should I start saving for maternity leave?
Ideally, start 12-18 months before planned pregnancy to build a comfortable cushion. If already pregnant, calculate your target and divide by remaining months. Any savings help reduce financial stress.
What if I cannot save enough before leave?
Consider reducing leave duration, negotiating more paid leave, temporarily reducing expenses, or exploring short-term disability insurance if available. Some women work part-time remotely during later leave weeks.