“Once upon a time, there lived a beautiful princess and her handsome prince in a castle in the middle of a fair land.”
You’ve read stories like this before, right? Do you know one of the reasons why the prince and his fair maiden were able to live happily ever after?
The moat around the castle.
The moat kept people from digging tunnels into the castle and made it difficult to wade across for a full-frontal attack. Long before the enemy could swim across with weapons, the castle guards would be able to attack.
Last week’s tip discussed the Four Pillars to Retire Abundantly, but it left out one important thing.
You are still vulnerable to life’s uncertainties as you enjoy your retirement journey.
Once you have your Four Pillars secured, you must find a way to protect yourself from things that could blind-side you. One way is to build a “moat” around you and your wealth, protecting you and your loved ones from life’s uncertainties.
How would one begin? First, determine the uncertainties you and your wealth are most vulnerable to. Next, establish a strategy that protects you, your loved ones and your wealth, through the use of legal and financial instruments.
The concept of strategically constructing defenses to protect all that you value started thousands of years ago, and still applies to this day.
Establishing a financial moat provides you greater peace of mind and an increased sense of freedom, knowing you have control over your legacy. There’s never been a better time to establish your “retirement moat”, so you can sleep easier at night.
Ready to get started?