. He argues these high-commission products often benefit the salesperson more than the retiree and can lock up needed liquidity. 3. Lifestyle & Behavioral Adjustments Housing Flexibility: one-story living to avoid stairs later in life or in a new area before committing to a purchase. Social Connectivity:
: Learn how to reduce spending without significantly impacting your lifestyle. Tip #99: Financial Cushions
Fisher’s philosophy often challenges conventional "rules of thumb" found in other financial literature. Beware of Annuities
Holding cash waiting for a crash (dry powder) almost always fails. The market goes up 70% of the time. By waiting, you lose the 70% to capture the 30%.