Thank you for that take on it. As a 30 something, I&#x27;ve been &quot;coached&quot; over time that savings is for liquidity in the case of an unexpected event - loss of job for X months (cover bills with savings), medical emergency (cover bills with savings), or potential family development (need to purchase vehice for teenager). These events are not <i>supposed</i> to be covered by &quot;dipping&quot; into retirement funds, e.g. IRA or 401k.<p>The <i>ideal</i> method of financial planning I was taught is to invest for retirement through financial products which minimize risk and are not liquid assets, while concurrently saving in a &quot;traditional&quot; account.