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What fraction of your total comp should one usually keep in savings account as liquid cash?(assuming there are no debts or upcoming down payments )

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Depends on unique circumstances and risk. I’m not putting 54k in a checking account when I can liquidate positions within 2days if I need to. I have a down payment due by October and even that is not in cash at the moment. So it depends.

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Not sure you can disagree with unique individual circumstances. You’re more risk averse, partly due to your experience. Others might not be. I can take a 20% ST hit on my portfolio and not care because most of it off long term money. It’s my risk profile, I can’t disagree with yours.

6 months of your expenses at minimum. I do 1 year and invest the rest.

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3-6 months living expenses

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Think of it less as a %net worth and more in terms of #months expenses you want to have in cash in case you lost your job and you need to still pay your bills. For some, it’s a month or two, for some, it’s more. I personally don’t have an emergency cash pile because I’d rather invest it and I am privileged to have a big safety net.

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6 months of expenses in an HSA, and usually have about 2 months worth in my checking in case any larger purchases come up out of the blue

I’m carrying $0 in reserve cash but 1yr of expenses in US Inflation Protected Bonds - with how crazy inflation has been and no idea what’s going to happen next, it’s a way to get a bit of a return (very little) but still have a safety net.

They are typically called TIPS. Google “Treasury Inflation-Protected Securities”. To make it simple, I’m bought into VTIP that trades on NASDAQ. Of course, your results may vary - but for me it’s better than cash sitting idle.

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