ASX:BAN 3 February 2026

July 1, 2026, 11:03 AM EDT. A couple says their financial advisor dropped them after they pushed back on his plan to fund retirement through monthly stock sales instead of high-dividend stocks. The advisor had recommended pulling 4% a year by selling shares each month. That ran against the pair's wish to use higher-yield stocks to meet their RMD at age 73. He stuck to his approach, arguing that the S&P 500 outperforms dividend strategies, brushing off their worry about selling during market dips. The standoff points to the tension retirees can run into when they want steady cash flow but get pitched on selling shares, especially if talks with advisors break down.