The hard part is that point moves. I have very few problems. And insurance covers some things (supposedly). But if my spouse died and I suddenly had to throw child care into the mix, and changing my schedule to be the one that takes them to/from school… I could easily wind up where new problems form. I thought I had enough money, but I only had enough money for the specific circumstances
I believe the number is now closer to $110k and even then you are one major hospital visit from being back on the problems train.
The trick is to make more money, but don’t live like you do. Just save the money. And then be able to retire young with millions in the bank