Rich_by_the_Bay
Moderator Emeritus
I'm curious about how y'all handle the inevitable big expenses like car replacements, new roof, whatever - the big (> $5k) items that tend to be unpredictably predictable - you know it's just a matter of time. (I'm aiming this at the already-FIREd crowd.)
I know it's kind of a pointless excercise in the end since it all comes out of the same stash, but from a practical standpoint how do you manage these outlays? Do you just take it out of whatever investment seems fattest at the time? Do you plan ahead for it by keeping a reserve fund on the side (out of your main nest egg for SWR purposes)? How much do you carve out, for those who do so?
I know it's kind of a pointless excercise in the end since it all comes out of the same stash, but from a practical standpoint how do you manage these outlays? Do you just take it out of whatever investment seems fattest at the time? Do you plan ahead for it by keeping a reserve fund on the side (out of your main nest egg for SWR purposes)? How much do you carve out, for those who do so?