One thing is we have a lot of cash on hand in general because every 4 months we need to pay DH's tuition. Things will change in another 2 years when we stop paying his ridiculous tuition.
At that time maybe I'll still keep a cash cushion? I've always keep one month of expenses about $5k in cash in our checking account out of sheer laziness. That way if something goes wrong with our paychecks we can always pay our bills.
But I hate the idea of keeping so much cash on hand. Also with the Roth IRAs, I thought you couldn't withdraw your deposits without a penalty if it hadn't been in there 5 years?
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