For the purpose of this question, the target age range is 20-30. Asking because I feel like I’m wasting my youth.

    • Fox@pawb.social
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      2 months ago

      It might be plenty, depending on your emergency. But you never know when you might be asked to care for an ill family member, suffer a health setback yourself, or end up out of work in a soft labor market - which we are currently in. It’s a risk based decision, but as price-to-earnings of potential investments is currently incredibly high (suggesting unrealistically high future return expectations), I would hedge on the side of more savings rather than earlier investment.