VIDEO: How Much Emergency Savings Do I Actually Need at My Income Level?

  • Personal Finance
The traditional “3–6 months of expenses” rule doesn’t always work for households earning six figures, managing variable income, stock compensation, childcare, or complex financial lives.

In this video, I break down:

  • Why you may need a different emergency savings framework
  • How to calculate emergency savings based on expenses, not income
  • What “quality of life” means when planning for financial disruptions
  • A realistic savings range for high-income professionals and families
  • Where emergency savings should (and should not) be kept Emergency savings isn’t about fear or over-saving, it’s about protecting your options, your peace of mind, and your family’s quality of life.

If you’re earning a strong income and want clarity around how much cash you truly need set aside, this video is for you.

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This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

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