Retirees Are Caught Off-Guard By These Two Major Expenses. Don’t Let Them Bring Down Your Retirement. December 4, 2018

Summary: It’s a good practice to keep three to six months’ worth of living expenses in cash, whether you’re retired or not. Financial advisors often call this an emergency fund for unexpected expenses. But I’d argue that some expenses which typically get labelled as “unexpected” don’t really belong in that category. Take dental work and home repairs, for example.