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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sherwoodsri   😊 😞
Number: of 15058 
Subject: Re: Have about 2.5 years of cash left for expenses
Date: 07/09/2023 6:37 PM
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I love the "only cash and Berkshire" purist approach. In my case, retirement income will come very significantly from Berkshire, but also from a hodgepodge of other sources (index ETFs, target funds in 403b and 401k). In terms of cash lying around, I guess I do "need" some sort of security blanket. 2-3 years sounds about right. I used to think more, but this board has helped me to see there's probably little point in 5-10 years of cash. Between Jim's posts on Berkshire drawdown and the Rational Walk article on Berkshire generating income, I hope to be all set when the time comes.
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