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Gerald and Marie have established an emergency fund, with a current balance of $ 8 , 0 0 0 . Their monthly living expenses are

Gerald and Marie have established an emergency fund, with a current balance of $

8, 000 .

Their monthly living expenses are $

5, 200 .

They have asked you, their financial planner, to advise them on the adequacy of their emergency fund. What would be the best recommendation for Gerald and Marie?

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