Until you consider the safety net you need if things go to hell in a handbasket. Is that $60K living at or below your means? Does it consider enough to sock awa

Until you consider the safety net you need if things go to hell in a handbasket. Is that $60K living at or below your means? Does it consider enough to sock away so you don't have to eat cat food in retirement or cover your real expenses if your job is pulled out from under you?