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Why Retirees May Want Several Years of Living Expenses in the Bank

3
Christy Bieber, The Motley Fool
·4 min read
Why Retirees May Want Several Years of Living Expenses in the Bank

If you are retired already, or are thinking about leaving your job soon, it's important to take a close look at how much money you have in a high-yield savings account. In most cases, it's a good idea to make sure you have several years worth of living expenses in savings in order to be financially prepared for life after the paychecks stop. If you don't have a pension, one of the best places to get your retirement money from is an investment account.

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