What can retirees do? | Vanguard

Truman Slate

Transcript

Rebecca Katz: What form of improvements would you visualize for the ordinary retiree?” So is there a little something they really should be performing in another way?

Maria Bruno: Pair matters that I would say is, 1, make certain that you have liquidity. You know, usually when we converse about liquidity for individuals who are operating, it could be on the lessen stop. Probably two weeks or a fifty percent a thirty day period truly worth of expending in money reserves for expending kind shocks. If you’re a retiree, it may well make sense to have a minimal little bit additional of a buffer. Up to two a long time is most likely affordable. Anything additional than that is a hazard since you’re not invested in the current market. Make certain you have that liquidity buffer as a expending account to make certain that you can meet your expending

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