I don't think I deserve the shade here... My S&P purchase on on 4/8/25 is up 24.55%!
Also annuities suck and any financial advisor worth their salt would steer you clear of them as you end up paying the servicing company tons of your capitol over time.
It's so easy to make automatic scheduled disbursements that Annuities are for the rich and stupid IMO
He could probably get a Yacht (a 50 ft boat) if he wanted, biggest expense would be it's annual cost to run and park it which could be in the $100k range depending where you are, that would put a big strain on his capital if no income was coming in
But we do know not to seek financial advice from Sweets