The nation's largest public pension fund got just a one percent annual return on its investments, well below the 7.5 percent the California Public Employees' Retirement System had projected for the fiscal year that ended June 30.
Your most recent program discussed the amount and kind of emergency funds needed for people working. My question is what those of us who are retired should consider for emergency funds. William, Schenectady, NY
The place where I keep my emergency fund is in U.S. Treasury I-Series savings bonds. Is there any reason why I wouldn't want to keep the emergency fund there? Is there a dynamic that I am not considering? Dave, Denver, CO