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Lots of things can happen as we age. Some of these are good things, like heading into retirement, or getting to spend quality time with family. However, as we age, we can also experience a decline in health and mental capabilities. We become more susceptible to diseases such as Alzheimer’s or other forms of dementia. Don’t worry! With proper planning, you can be sure that you are prepared, even if the worst should happen.
You probably have check-ups with your doctor and dentist annually. You also probably have your car looked at on a regular basis. Your finances are just as important as being in good health and having a safe car to drive. As you move through the different phases of your life, the occasional check-up with your financial planner can go a long way in making sure you stay on track to meet your goals.
Many people know that Aretha Franklin passed away on August 16, 2018. Many people may know some of her most popular songs, such as “Respect” or “A Natural Woman,” and that she was often referred to as the Queen of Soul. However, something many people may not know about Aretha Franklin is that at the time of her death, she had $80 million and no estate documents in place.
Funerals: The topic no one wants to discuss. We plan for other important life events like weddings, vacations, and college, why not this? It could be something your family will really thank you for, even though you may not get to hear it.
This is a tough subject that most people don’t want to think about until it’s too late. Yet these few basic actions can save lots of time and frustration when a need arises.
