Required Emergency Funds -- How much in retirement

[Travel4Fun]

Hi all,

I think I have a pretty good handle on most of the money side of retiring, but am struggling a bit with one thing.

Before FIREing, I will have a separate emergency fund set aside. This will primarily be LTC "insurance", since most smaller emergencies can be covered out of planned income.

Given

• FIRE age of late 50s
• income (pension/SS/savings) can cover about 30% of annual LTC costs in the "worst" case where both of us are still alive
• good medical insurance
• house with current value of $400k (can be sold for emergency funds if required)
• no withdrawls from emergency fund expected unless required for LTC (and hopefully not for at least 15-20 years)

Under these circumstances, how much of an emergency fund would you want/recommend when you retired (realizing that a larger emergency fund means retiring later)?

Thanks for your thoughts.