Ted Braun CFP®, Senior Vice President and Financial Advisor at Wealth Enhancement Group was quoted in a Yahoo Finance article titled, “Here’s How Much Cash You Need Stashed If a Recession Happens.”

“For two-income families, you could be closer to the 3-month side,” said Ted Braun, CFP, SVP financial advisor at Wealth Enhancement Group. “For a single-income family, I would be a little closer to the 6-month side. What this does is prevent the need to dip into 401(k)s or brokerage accounts if someone unexpectedly loses their job.”

For more advice, access the article written by Nicole Spector here.