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Your Cash Emergency Fund

There is some discussion on cash emergency fund in different SA comments. I suggest the following simple schedule for my fellows based on probability to find new job if you fired (well we have age discrimination in USA) and probability to get sick for long-time exceeded disability benefits (also age-dependent):
Age 25 - have 0.5 year of spending (calculate average of last 3)
Age 40 - have 1 year of spending (calculate average of last 5)
Age 50 - have 2 years of spending (calculate average of last 5)
Age 60 - have 3 years of spending (calculate average of last 5)
Keep 3 years until age when you get Social Security/Pension. Reduce to 3 years of spending minus your annual Social Security/Pension (assuming they will not default) as soon as you get.
Of course increase gradually your cash emergency fund between ages indicated above.
Of course make adjustments for kids.
Of course increase gradually your cash emergency fund based on inflation and your real annual spending.

Please remember that I'm not a financial adviser, so do your DD.

5 Feb 2014