Why Emergency Savings Are Your Retirement's Best Friend (Ep. 53)
With market volatility and rising living costs making headlines, people often focus on chasing returns, leaving behind a foundational piece of their wealth: emergency savings. In this episode of Can I Retire Now?, Nick and Becky dive into the basics to explore why a cash reserve is your ultimate financial shock absorber.
From breaking down the exact cash buffer you need at every stage of life to explaining how a cash waterfall protects your retirement income from down markets, we cover it all. Plus, Becky shares eye-opening stats from Vanguard on how hardship withdrawals have doubled since…
The skinny
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