No. of Recommendations: 13
Came across this TMF "retirement" article on the value of saving for an emergency fund while you're in retirement.

This 1 Thing Could Make Your Retirement Savings Last Longer
https://www.fool.com/retirement/2019/10/13/this-1-thing-coul...

Even if you do have a robust retirement fund, if you withdraw more than you should one year to cover an unexpected cost, that could potentially throw off the rest of your retirement plan. Also, considering it's unlikely you'll only face one unexpected expense over several decades in retirement, overspending each time you face one of these costs could lead to running out of money too soon later in life.

That's where the emergency fund comes in. When you have a solid emergency fund in retirement, you have a designated place to pull cash from when an unexpected expense inevitably crops up. That helps protect your retirement savings, guaranteeing that your money lasts for as long as possible.

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Money is fungible. It doesn't know if it's sitting in your "emergency fund" or your "regular retirement fund" after you've stopped working. What's important is that your annual withdrawal over time be sustainable (i.e., 4% rule). If you go over over 4% this year because you needed a new furnace for your home, you'll need to scale back spending for a few years to make it up whether you draw the money from the "emergency fund" or the "regular retirement fund".

Pulling the money from one account or another doesn't make your retirement stash last any longer.

intercst
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