Skip to main content

Why do you need an emergency fund in retirement and what is the right amount?


So how much do you need in an emergency fund in retirement? And if I said 12 months, would you be happy with a year’s worth of living expenses sitting in a money market account earning about 0.5%? Don’t get fooled by fancy upfront promotions from banks for 3 to 6 months unless you don’t mind hopping around banks, chasing promotions, and be mindful of the rules for obtaining those higher interest rates. Let’s find out if there are any options other than keeping 12 months in a low interest money market fund or chasing promotions from bank to bank. Watch the video till the end to learn how a retirement annuity can assist with determining how much to reserve in an emergency fund in retirement. Please Subscribe and Don't forget to press the bell, 🔔, like, comment and share. Stay safe and Love all. 😍😘 Table of Contents: 00:00 - Introduction 01:17 - Why an emergency fund is vital 02:17 - Emergency fund for long term care needs? 03:38 - What does Sequence of Returns have to do with an emergency fund? 05:29 - How many months reserve is necessary for an emergency fund? 06:34 - How an annuity can help with how much you need in an emergency fund --------------------- ▶️Schedule a 15-minute conversation: --------------------- ▶️ Follow Me on: • LinkedIn: • Facebook: • Instagram: --------------------- ▶️ Other videos: • Retirement Planning Stuck: • Tax Advantages for Annuities: • Is the Death Benefit Tax Free: • Talk About Legacy Planning: --------------------- ▶️ DISCLAIMER: **Healthy in Retirement makes content available as a service to its customers and other visitors, to be used for informational purposes only. While my best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action. --------------------- #retirementportfolio​ #retirementplanning​ #HealthyinRetirement​ #retirementinvestment​ #retirementincome​ #retirementadvice​ #investing101​ #howtoinvest​ #retirement...(read more)



LEARN MORE ABOUT: Retirement Annuities
REVEALED: How To Invest During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
https://inflationprotection.org/why-do-you-need-an-emergency-fund-in-retirement-and-what-is-the-right-amount/?feed_id=52410&_unique_id=63a441e398d60 #Inflation #Retirement #GoldIRA #Wealth #Investing #emergencyfundaccount #emergencyfundhowmuch #emergencyfundinstocks #emergencyfundinvestment #emergencyfundsaving #emergencyfundvsinvesting #emergencyfundvssavings #gettingreadyforretirement #incomeinretirement #incomeinvestinginretirement #LifetimeIncome #marketdownturns #myga #retirementplanningbasics #retirementplanningfordummies #retirementportfolio #retirementreadiness #retirementrisks #sequenceofreturns #sequenceofreturnsrisk #spia #RetirementAnnuity #emergencyfundaccount #emergencyfundhowmuch #emergencyfundinstocks #emergencyfundinvestment #emergencyfundsaving #emergencyfundvsinvesting #emergencyfundvssavings #gettingreadyforretirement #incomeinretirement #incomeinvestinginretirement #LifetimeIncome #marketdownturns #myga #retirementplanningbasics #retirementplanningfordummies #retirementportfolio #retirementreadiness #retirementrisks #sequenceofreturns #sequenceofreturnsrisk #spia

Comments

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for ...

Birch Gold Group Review 2023 – Best Gold IRA Company? Pros and Cons

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. See chapters in the description. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Chapters: 0:00 - Intro 0:26 - Is Gold a Good Investment? 1:03 - What is Birch Gold Group? 1:37 - IRA Eligible Coins 1:59 - Is Birch Gold Group a Legitimate Company? 2:50 - How Does Birch Gold Group Work? 3:34 - Birch Gold Group’s Fees and Investment Options 4:02 - Birch Gold Group Low Minimum Investment 4:29 - Birch Gold Group Storage and Security 5:34 - Con #1 – No Overseas Storage Options 5:49 - Con #2 – Initial Setup Fees 6:02 - Birch Gold Group Review Summary Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch...