Phil,I am familiar with the three bucket approach and use it to an extent. Our primary emergency fund consists of liquid money at the bank. As 4/15/00 was approaching, however, I was torn between adding $2,000 to my Roth or using it to increase the emergency fund. I did not want to miss the Roth contribution window but thought a larger emergency fund would be prudent, hence my action. This worked well. Since 4/15/00 we have had a car totalled, a dish washer die and our second car in need of substantial body work. All of these were funded through the primary emergency fund, but it was nice to know there was also insurance in the form of one Roth sitting in a money market fund. While I can understand your assumption, I do not believe this specific case represents "not very good planning".John
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