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Reply to "Emergency fund if you have a "safe" job"
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[quote=Anonymous]I think the standard recommendation is one size fits all. But that doesn't take into account your personal circumstances. DH and I both have very stable careers that do not typically see lay offs. It is highly unlikely that either one of us would be laid off, let alone both of us at the same time. We have no debt beyond our mortgage. We also have parents who are very well off and would be able to help in a pinch. We have fully saved for the kids college and have strong retirement portfolios and brokerage accounts. Mentally, we are pretty risk tolerant. So I feel pretty comfortable being on the small side of an emergency fund. YMMV.[/quote]
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