Quote:
Originally Posted by DaFace
Broader PF question for you guys: How do you think about emergency funds when you're otherwise set up really well?
I'd consider my wife and I to be pretty well off these days. Stable jobs that pay well. Unlikely that we'd both lose them at the same time.
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Assuming your pay is somewhat equal and either of you alone could cover a good chunk of the bills then, yeah, I think youre ok to shrink the emergency fund. There are conservative things you could do like laddering into government i-bonds that are probably better than holding cash most of the time.
In your position the emergency fund is really just there to help you sleep at night. Whatever you're comfortable with