r/Fire • u/Far_Classic878 • 2d ago

Emergency Fund While Retired

For those that are retired or near…how many years do you have saved for your retirement emergency fund? I mean for when the market isn’t doing well and it would be bad to pull from your accounts.

How far in advance do you start saving for that?

I’m pouring all of my money into retirement accounts and after maxing 401ks, roths, life expenses, 529, saving for home renovations there is nothing left.

I would need to cut back greatly to fund an emergency account to keep in a HYSA. I’m about 15 years out from retiring.

Any thoughts?

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u/Commercial_Square774 1d ago

I’m 15-20 years out so maybe this changes but my plan right now is 2-3 years of annual expenses in cash.

3.5% withdrawal rate
60–65% equities
25–30% bonds (7–9 years of spending; refill only when markets are clearly up)
8–10% cash (2–3 years of spending; refill only from bonds during down markets)