Flyfish1
Recycles dryer sheets
Greetings all,
I'm planning on retiring in 3 yrs,7 months, 28 days, 17 hours and 7 min. from now...lol
Well on track on the investment side with the exception of a cash pile for emergencies, bear markets etc. Ideally, I was hoping to have 2-3 yrs of living expenses stashed in cash prior to retirement. However, achieving that goal, plus eliminating all debt in 3 yrs looks daunting. I could always work an extra yr, but I think age 60 is a nice retirement age.
How much cash do people hold for emergencies, living expenses? 2 yrs? 3 yrs?
When calculating do folks use strictly needed expenses or the full budget, ie) travel, gifts , etc?
Thx
I'm planning on retiring in 3 yrs,7 months, 28 days, 17 hours and 7 min. from now...lol
Well on track on the investment side with the exception of a cash pile for emergencies, bear markets etc. Ideally, I was hoping to have 2-3 yrs of living expenses stashed in cash prior to retirement. However, achieving that goal, plus eliminating all debt in 3 yrs looks daunting. I could always work an extra yr, but I think age 60 is a nice retirement age.
How much cash do people hold for emergencies, living expenses? 2 yrs? 3 yrs?
When calculating do folks use strictly needed expenses or the full budget, ie) travel, gifts , etc?
Thx