There comes a time after retirement when health and wealth become stagnate. This is the 4th quarter; maybe the 2 minute warning.
I liquidated non-bank assets including a second car, sold my house, gave away half my furniture, sent most everything else away with a junk removal company then moved to a senior apartment. It is easy now to calculate my net worth and divide by life expectancy to plan for the future.
Like the song says, "I can see clearly now."
At 75, it is time for plan B and relax with many unknown factors eliminated and take time to listen to my consultants and maybe write an article or two about their advice.
Email from a Senior friend:
I am no longer (if ever were) in control of my destiny. I always thought I could recover from any setbacks but since I am no longer working I am not able to offset any financial setbacks. That has morphed into a feeling of being a leaf in the wind instead of a captain of a sailing ship that can adjust the sails no matter which way the wind blows.