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
Post a Comment