Re:How much should I think of saving every month as a 29 yea...
by richardw on Thursday April 25, 2019 @11:01PM
(#19754489)
You only need to keep "crash /recovery" money around, which is a risk because you don't know how long that is. 5? 10?
But you also don't know how long you'll live for, so to have your money doing nothing for 20/(30?!) years could hurt. My wife's grandmother is 99. That's a long time in low-growth near-cash.
But you also don't know how long you'll live for, so to have your money doing nothing for 20/(30?!) years could hurt. My wife's grandmother is 99. That's a long time in low-growth near-cash.