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A comment on Every thought about personal finance I've ever had, as concisely as possible. Parent comment

Re:Every thought about personal finance I've ever had, as co... by epinephrinios on Friday February 26, 2021 @10:25PM (#26282322)
"In our financial plan, you will never find the one staple item that every financial planner calls the cornerstone of a responsible financial plan: the emergency fund. We have none. Zilch. Nada." https://earlyretirementnow.com/2016/05/05/emergency-fund/

If you get fired you can live off severance and liquidate some of your investments.

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Re:Every thought about personal finance I've ever had, as co... by zrail on Saturday February 27, 2021 @07:12AM (#26284337)
If you have a contract that includes severance and if you have investments then the ERN plan makes sense. If either of those things is false it’s a much shakier argument.
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