Burton Bruce wrote: “ [I’d like to add another item:] Look at your short-, mid- and long-term savings.

• Short: Do you have at least $1,000 that you can get your hands on today if needed for emergencies? (Not room on your credit card, but cash.)
• Mid: Do you have enough money squirreled away to carry you for three months without work? (Six months is better, but that is pretty unrealistic in today’s economy)
• Long: Are your IRAs, 401(k)s, etc., up-to-date and [in-line] with your risk profile and the state of the economy?