I am curious to know how much money people think is the minimum amount to keep indefinitely as a fund for major emergencies. We (Me and Mrs Stoppers) are 2 years into our retirement. We are unlikely to ever have monthly pension income which provides us with much spare income above general month to month bills and some spare for minor luxuries like a meal out or a weekend break. At the moment major holidays and purchases come from a cash fund which we accrued from our time overseas. We currently also use this to invest in small property purchases along with a couple of other people. This has provided us with an average £3,000 - £5,000 profit/income per year, but is not a guaranteed income for future years. Obviously, this means that our cash fund will gradually decrease over the coming years. We are trying to decide what kind of amount we would want to keep as a permanent crisis fund (ie when we would stop buying major purchases and leave the money alone!) What do people think? (I'm not necessarily asking you to divulge your personal private financial situation as I know that some people are sensitive about discussing their finances). £5,000? £10,000? £20,000? £40,000? £60,000 MORE!