Saving With Silverman

Of course, we all want a healthy bank account. Having a good amount of dollars within easy grasp is helpful in the case of emergencies or for medium-sized purchases where you don’t want to have to liquidate assets. But is it counterproductive to have too much cash on hand? We’ll explore that idea and other pressing questions about the role that cash plays in financial and retirement planning.   Check out the show notes and get additional resources here: https://silverman-associates.com/saving-with-silverman-podcast    Today's show rundown:  1:22 – How much cash do we generally recommend people keep on hand? 3:07 – How do you come up with total for an emergency fund? 4:23 – Why do people typically end up keeping too much money in cash? 5:28 – Here are ways you can invest more efficiently without taking on all the risk of the market. 7:18 – What we talk about with clients during that introductory 20 minute meeting.