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Reply to "Where to keep our emergency fund? ($50k)"
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[quote=Anonymous]Actually, $50K is pretty reasonable--many people recommend having 6-8 months expenses in an emergency fund. Depending on the stability of your jobs I'd be nervous about using CDs unless you are very confident you will not need to access all the money quickly--in that case, you could put some in CDs and some in a savings account. But I agree with pp that that's not really what an emergency fund it--it's means to be easily accessible. Ours is in ING.[/quote]
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