My Plan B (C, D and E) to Raise Cash

Some months ago, I mentioned that I fund my cash needs about six months in advance. A Kiplinger's reader admonished me for taking on too much risk. Someone who is retired--or semiretired, like me--should have far more ready cash, he chided.

This reader is absolutely right, and the backs him up. But financial advice is sometimes given in a vacuum, creating a false impression