You associations build your life or destroy your life. This includes family, friends, co-workers, business partners, employees, etc.
How are you spending your time?
Who are you spending your time with?
If you are living on 4% annual distribution from your retirement portfolio because that is what your financial advisor told you, get a new advisor and a new retirement plan.
You can have upwards of 9% guaranteed annual distribution without paying your advisors anything.
Life Insurance can have the ability to you a guarantee income you can never outlive.
Very few companies offer this option, but it is 100% real and available.
@CryptoCat589 It largely depends on your health profile, the type of policy, and the company. Some companies may always require a medical exam, some may only require with limited medical history, and some may always be able to avoid the medical exam. Short answer, it depends.
Rethink your plan and upgrade.
It’s a shame how so many people are basing their entire retirement plan on chance and being told they can only live on 3-5% annual income.
If you feel like the traditional system is flawed and like there has to be a better way, you are right.