“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?
Boring answer, the moat around their castle helped keep them safe.
The moat kept people from digging tunnels into the castle and was difficult to wade through for a full-frontal attack. Long before the enemy could swim across with weapons, the castle guards would be able to defend it.
Last week’s tip talked about the Four Pillars to Retire Abundantly… Yet, it left out one important thing.
You are still vulnerable to life’s uncertainties as you enjoy the retirement journey.
Once you have your Four Pillars set up, you must find a way to protect yourself from things that may blind-side you unexpectedly. The concept is to build a “moat” around you and your wealth. A moat that protects against life’s uncertainties.
Step one is to determine which uncertainties you and your wealth are most vulnerable to. Next, put in place strategies and instruments to protect yourself and your wealth. All the strategies and instruments are either legal or financial.
This concept of defending yourself, your loved ones and all that you value with a moat started in ancient times. It still applies today.
With your moat in place, you will have better control, more peace, a greater sense of freedom, and a positive impact on the world.
No better time than now to get your “retirement moat” in place, so you can sleep easier at night.
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