How Much Cash Should Retirees Hold as an Emergency Fund? (FQF)

Well this was an interesting FQF. I went live and didn't realize I was live! I planned a pre-recorded video that would have some minor edits. Anyway, here are the five questions I covered in this live FQF:

1. How much cash should retirees hold in an emergency fund?
2. Can we address sequence of returns risk without holding cash?
3. How should we think about capital gains harvesting vs Roth conversions?
4. How do I pay my estimated income tax?
5. Why as Vanguard's Retirement Income Fund (VTINX) performed so poorly?

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*Resources Mentioned in Video*
- My Video whether the Bucket Strategy eliminates the sequence of returns risk: https://www.youtube.com/watch?v=gVYThVn5gQA
- Kitces Article: https://www.kitces.com/blog/navigating-income-harvesting-strategies-harvesting-0-capital-gains-vs-partial-roth-conversions/
- IRS Direct Pay: https://www.irs.gov/payments/direct-pay-with-bank-account
- Vanguard Emergency Fund Guide: https://investor.vanguard.com/investor-resources-education/emergency-fund
- Consumer Financial Protection Bureau Emergency Fund Guide: https://www.consumerfinance.gov/an-essential-guide-to-building-an-emergency-fund/
- VTINX: https://www.morningstar.com/funds/xnas/vtinx/quote


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#retirement #investing #robberger
0:00 Intro
1:31 How Much Cash Should Retirees Hold as an Emergency Fund?
7:39 Sequence of Returns risks
15:33 Prioritize reducing capital gains or performing Roth conversions
25:44 Estimating taxable income
29:46 Thoughts on VTINX

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. I've since sold my websites, bought them back, and started a new website and this YouTube channel.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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