The Importance of a Cash Position in Retirement

How do you feel about like a cash position is as someone who's going to live off of a lot of real estate income and kind of moving towards this full time retirement piece? "I still have more than six months saved up. And on the same end for my real estate business checking, you know, all those capital expenditures that you set aside" He says he tries to maintain at least a year and that balance, assuming that at some point everybody's going to be vacant. But again, I had three HVACs I had to replace this year. So that was a big chunk of that annual savings that I should have.