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Manny is 59 years old and close to retirement. He earns a gross annual salary of $185,000. His average tax rate is 41% and he

Manny is 59 years old and close to retirement. He earns a gross annual salary of $185,000. His average tax rate is 41% and he manages to save $600 each month for his annual vacation. Manny spoke to his Financial Planner who recommended that he start an emergency fund, which he recommended as 3-6 months to cover emergencies. 



How much should Manny have as a recommended maximum for an emergency fund?

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