Can You Have Too Much Cash?

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Having “too much cash” sounds like a high-quality problem, until it starts quietly working against you. Steve tackles a subscriber question from someone sitting on $150,000 in the bank and wondering if that’s really so bad. The answer? It depends. Steve also shares simple guidelines on what to consider when cash starts stacking up in low-yield accounts, especially in retirement.

Here’s some of what we discuss in this episode:

🛟 Emergency Fund Guidelines: Three vs six-month rule

👨‍👩‍👧 Income Stability Matters: Single vs dual household planning

📈 Excess Cash Strategy: When savings becomes overkill

📚 Plan Over Opinions: Why brother’s advice isn’t enough

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Follow along on YouTube:  https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg

Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12

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