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Reply to "How much money in savings/money market accounts "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, we cannot answer that question because we don't know how much you have invested. 5 million invested and 500k in money market in case of emergency is fine. But a year's worth of emergency fund seems pretty prudent to me, generally.[/quote] We have 2 million invested (separate from our retirement accounts). [/quote] You probably don't even really need an emergency fund and will likely be better off financially without one in the long run. There is an emotional aspect to having an "emergency fund" though. Nothing wrong with having 50k or 100k in a money market, especially at todays rates. [/quote] So 300k too much but ok to drop to 100k[/quote]
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