Talk:Emergency fund

I don't think that adding a controversial perspective, then linking to a controversial wiki page is appropriate - at least without discussing this first.

Added by Nisiprius, 12:38, 2 July 2013‎: "Controversially, some argue that an emergency fund can also provide security against having to sell longer term investments at inopportune times (e.g. selling equities during down markets); those advocating this approach generally recommend larger emergency funds than those who define emergencies solely in terms of unanticipated expenses. Thus, for example, a U.S. News writer, in an article entitled 'Increase Cash Reserves in Retirement', suggests '3 to 6 months' living expenses for workers, but 'at least a year' for retirees, because 'the average length of a bear market is around a year and a half, so two years worth of cash reserves is likely to be a prudent amount.' This approach is related to the 'buckets' withdrawal strategies, also debated."

--LadyGeek 15:58, 2 July 2013 (CDT)