After securing the required long term savings for an ER (60 yrs old, Oct 18) we put aside several hundred thousand dollars to act somewhat as a discretionary fund for the years 60-70. I manage that money separately in investments that outpace inflation but also not locked down enough to prevent us from having “fun” should a chunk of cash be needed quickly. It’s both the quick availability of this money and the implication that it’s discretionary that makes me keep it separate; a pool of money that makes me smile and think of possibilities. Does anyone else use this same system or are all moneys always centrally invested and withdrawn in an orderly fashion.