Highest Priority Moat Component!
Lump sum of finite wealth is not secure. Cash flow is key! Financial freedom truly comes when you can freely spend your money with OVERWHELMING confidence that you have means to replace that income.
Outliving your savings is a very real fear in a time when people are living longer and inflation has made everything more expensive. It's an increasingly problematic issue that's not going to go away, so it's absolutely essential to start thinking about your cash flow – how much money is coming in on a regular basis – and the sooner you start planning it and taking action, the stronger you will be.