Our daily roundup of retirement news your clients may be thinking about.

How much do my clients really need in their emergency funds? Retirement savers who want to put up an emergency fund should have savings earmarked for contingencies that are equal to about six months of their living expenses, according to MarketWatch. Those who have a hard time looking for a job should consider a bigger fund. The emergency fund may still be part of a retirement or savings account, provided the withdrawals will not be subject to a penalty or tax. — MarketWatch

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