If we haven’t already, we need to make sure we’ve had “the talk” with our children by the time we reach retirement. This does not refer to the infamous sex talk we have with our children during their pre-teen stage, but about our end of life planning and final wishes. Both talks can be difficult, but for different reasons.
It’s hard to get to retirement age without having been wronged or hurt at some time in our life. No matter the infraction, some individuals can forgive easily and move on with their life. But there are others of us who continue to hold a grudge.
My best friend was recently forced into an early retirement. While she was within a year of wanting to retire anyway, it came as a bit of shock when her job position was eliminated and she was faced with trying to occupy the hours in the day.
I have written several articles and given presentations on the importance of getting your affairs in order for your loved ones prior to your death. In fact, I created a flash drive called My Affairs in Order that allows you to record financial and personal information for your family.
While marketing a product I created – the My Affairs In Order flash drive, a convenient way to organize and retain personal and financial information for your loved ones before death – I get asked a lot of questions. The questions that come up more than any others are: What is a trust? And, do I need a trust?
As I discussed in a previous article, having your personal and financial information readily available for your executor or loved one at the time of your death or incapacitation is one of the most thoughtful things you can do.
I bet you couldn’t wait to read this article! This site has so many fun and interesting articles about living life to the fullest – and we should – but we should also make sure we have taken care of the business of our death.