While you are actively working and at higher earning band, try not to get more passive income. Put more in growth stocks
4% withdrawal rule for retirement https://en.wikipedia.org/wiki/Retirement_spend-down
1% of net worth can be used as play money. Invest in ultra risky investment, that you believe. Example: Drone for Agriculture (cross promote with tractor). Possible long term drone dealership. Any drone will be out dated in 3 year (ultra short life)
Even though you are not going to work, constant thinking about work, keeps you under constant elevated stress…
Few People in finance, worth reading about them and their philosophies about money/investments. You are likely to find youtube videos of them as well
https://en.wikipedia.org/wiki/Warren_Buffett
https://en.wikipedia.org/wiki/Charlie_Munger
https://en.wikipedia.org/wiki/John_C._Bogle
https://en.wikipedia.org/wiki/Peter_Lynch
https://en.wikipedia.org/wiki/Jim_Simons
https://freefincal.com/pattabiraman - IIT Professor - helping with education about finance/investments/retirement
https://www.linkedin.com/in/anand-srinivasan-59313636
Rich Dad/Poor Dad author Robert Kiyosaki's Cashflow Quadrant
I like passive index funds, not actively managed funds.
Consider some global (hedge on geopolitical risks), again passive index
Consider some "real" properties too
Excel idea for 19x, with 4% income over Inflation
Remember, most lines are formula
b3==(B2-C2)*(1+$D$2/100)
c3==C2*(1+$E$2/100)
I like some diversification in portfolio, for long term outlook (multiple decades)