No, we've still got it. Also, while it's not designated as an EF since it fluctuates in value, we also have an account where we save for non-monthly and irregular expenses.mega317 wrote: ↑Wed Mar 25, 2020 4:11 pmThat's right, I remember you posting about physical cash in the past. When you paid off your house did you dig all that up and send it to Vanguard?
Financially, we're in a very secure position, so I don't feel the need for many months of expenses in an EF. I'm a tenured professor, which isn't as guaranteed as many think it is but is still quite secure, especially since what I teach is one of the biggest majors at both mine and most universities and since there is a shortage of professors in my discipline. We have no debt, unemployment benefits in our state would cover all of our essential spending for the six months that the benefits last, and I have access to a 457 plan that I could access with no penalty as soon as I was separated from service to my employer (e.g. in the event of a job loss). We have very solid insurance in place, including an excellent LTD plan, and have two years of our health insurance's out-of-pocket maximum in our HSA, which we max out every year. Our saving rate is high enough that I could take a job making less than half what I earn now, and we'd still be fine.