Retired? These 3 Steps Ensure a Market Crash Won't Derail Your Plans

Once you've left the workforce, chances are good you'll rely on your investment accounts as an important source of retirement income. While you'll likely rely on your investment accounts to provide it, you don't want to be forced to sell investments and pull money out of these accounts at a bad time (such as right after a market crash). Ideally, you should have enough liquid cash to cover around two to five years worth of living expenses without having to pull from your investment accounts.