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 presidential campaign has returned to the issue of private equity and the outsourcing of jobs. President Obama has latched onto a Washington Post report that says private equity firm Bain Capital, which Mitt Romney used to run, helped pioneer the outsourcing of jobs.
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