5 year retirement emergency fund?

[mathjak107]

remember though , if one is first starting out in retirement the total draw including dividends should not not exceed 4% early on .

some dividends can be higher than 4% and spending that would be akin to drawing more than 4% early on . not recommended until you have a good up market developing a cushion .

[Aquaboy]

I have five years of cash, if I trim the budget a bit. Money market and savings. Unless you know who kills Social Security and Medicare or trashes the economy, I dont see using my cash reserves.