When you retire, your income changes but so do your options. One listener is wondering how to convince his wife that they don’t need to put so much money in the bank and can enjoy it a bit, too.

Eric explains where things like your emergency fund can come and how couples usually think about savings. He also answers two other questions from the mailbag regarding retirement.

Here are the questions Eric answers today:

• Mailbag: How can I convince my wife we don’t need as much in cash? (0:47)

Get in touch with the Peterson Financial team: https://petersonfg.com/