So you've matched up guaranteed income sources to necessary and hopefully discretionary spending goals and expenses. You have an accumulation "bucket" or portfolio, what about the emergency liquid fund?
What is a common rule of thumb or recommendation when it comes to that? Do you keep it at a certain level every year i.e. replenishment goals?
Appreciate any feedback!
What is a common rule of thumb or recommendation when it comes to that? Do you keep it at a certain level every year i.e. replenishment goals?
Appreciate any feedback!