I'd assume most people would not wait until they had 5 mil net worth before doing a snap transition from working life to complete retirement.
Of course, everybody's situation is different and age comes into it too.
I hate the feeling of selling appreciating assets which will provide growing income in future.
How about making a slower transition rather than simply cashing in and losing your asset base?
Over a short period of time your passive cash flow will increase and you'll get to keep your whole...
