How Much Cash Reserves Should You Have?

Timestamps:
00:00 – Introduction
00:49 – What Others Say
02:01 – What We Think
06:00 – Where to Save Reserves
09:06 – Your 401(k) is for Retirement! Not Cash!
14:41 – Okay I’ve Saved, Now What?
16:08 – The De-ccumulation Phase
17:41 – Bucketing Your Savings
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Investment advisory services offered through Modern Wealth Management, LLC, an investment adviser registered with the SEC.

The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.

[J.woltz]

So far, I'm doing good approaching retirement with about 800k in savings, but transitioning from building wealth to spending can be scary, especially with soaring inflation. My question is, after maxing out my tax-advantaged retirement accounts, what next?

[snakeonia]

My cash reserves are and always been in voo within a brokerage accounts. But Im not risk averse and understand consequences good and bad.