An emergency fund can become a superpower when facing economic downturns during retirement. In this video I provide a quick history of the stock market, share what emergency funds are, how they differ from traditional retirement savings, and how much to save up in an emergency fund before retiring.

0:00 Intro, Stock Market History, & Recessions
1:53 Understanding Emergency Funds
3:03 How They Differ From Retirement Savings
3:56 How Much to Save Up Before Retiring (3 Factors)

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ABOUT US
Greetings from the Biesingers! We are so happy you are here! We are a family of four sharing our financial freedom (FIRE) journey, including tips on how to build wealth, retire early, and retire abroad.

At age 21, we purchased our first real estate property and then became first-time landlords at age 22 as college students. We worked extremely hard to pay off my student debt. Doing so helped me graduate with my MBA completely student-debt-free!

We have other diversified investments and are excited to share more with you in our channel. We have now hit Coast FIRE, allowing us to move abroad and semi-retire in Asia!

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DISCLAIMER
The information shared includes our personal research, experience, and opinions regarding managing money, retiring abroad, and pursuing financial freedom, but we are not financial advisors.

When making your personal finance and retirement decisions, we highly recommend researching multiple sources and/or receiving advice from a licensed professional.

Keep in mind that visa processes and requirements are subject to change. Please make sure to conduct your personal research, check official websites, and consider talking with a registered visa agent before making a decision.

Also, if looking to retire abroad, please visit the place you desire to retire first to have a feel of whether it is a good fit. Everyone's lifestyles and preferences will vary.

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