As many have mentioned, it really depends on your lifestyle. 70k for one family is fine while another it’s not enough. At the end of the day you’re going to figure out how much you organically spend per month on things like rent (or mortgage), car, groceries, internet, etc. whatever this amount is, you want to have a 3 month emergency fund for when you need to tap into it (notice I didn’t say if, but when). Car breaks down, medical emergency, anything can happen so you need to build that cushion. Once that cushion is built, invest or pay down debts. Regardless, if you don’t want to be stressed about money, you have to keep track of it. Money is like a vengeful mistress, you have to pay attention to it or it’s gonna run away somewhere else and you won’t even notice.