(05) Investment Portfolio

Liquidity Reserve 6–12 months of current spending needs held in cash or cash-like investments
Protection Reserve 5–7 years of essential spending funded through a TIPS ladder to help protect purchasing power and reduce the impact of major market downturns
Growth As much as appropriate — based on risk capacity and risk tolerance — invested in a broad, low-cost total stock market index

Withdraw from stock market portfolio (envelope 3) as long as the stock market is not significantly down (e.g. 5 to 10 percent of its all time high)

What is the "The Stock Market"? Dow, S&P 500, Total Stock Market?
Total Stock Market ETF examples are ITOT, SCHB, VTI
100 basis points = 1 percent
3 basis points for US Total Stock Market
VXUS is a Vanguard Total International Stock Market Index ETF fund at 5 basis points
Expenses and commissions

Investment Portfolio