Since there is no pension now what do you feel about creating an income stream post retirement with lump sum annuity plans
Here is a video on annuity https://youtu.be/nTtNyUEIw9o
Annuities provide you income in case you outlive your savings. But they build that into the return they provide. So it’s best to combine doing a systematic withdrawal plan with your own portfolio with a small annuity just in case.