Who will win this year’s coveted Super Bowl title? What amazes me most is that with all the excitement and media coverage for events such as the Super Bowl and the World Series, when the following year comes around and you ask, “Who won last year?” it seems only those serious sports enthusiasts (i.e., those who seem like statistical sports computers) can answer the question. I guess it’s no surprise, given the constant stresses of our daily lives along with the multitude of national and local news events that often leave us on edge when it comes to the broader picture of the future of our world for us and our children
We get super involved in the events of “today” and don’t focus long term. While I’m not advocating we become Sport Encyclopedias to regurgitate the win loss records of the past, there is a need to look longer term and to plan when it comes to our finances and addressing our needs and the needs of our parents long term. Two facts you can’t dispute – and it’s not death and taxes. First, if you don’t die young, you may live to an old age and ultimately may need nursing care and attendant care. Secondly, the longer you live, the greater amount of additional income and savings you will need beyond social security retirement benefits. When you’re 50, this may not be on the top of your agenda. But when you cross 60, and your parents, if living, are between 85 to 95 – these issues become center stage.
What should you be doing now about these issues? The answer is educate yourself. You need to maximize savings, minimize or eliminate debt and position your assets and your parents assets to protect them so that you shift as much of the burden of nursing care to the government, and thereby preserve the assets you were able to accumulate for your spouse and your children. I don’t believe this is a strategy – it’s your obligation!
To help you meet this obligation we have two perfect free seminars to show how. Check them out below.
Be sure to listen in on Saturdays from 8:30 to 10 AM on WDFN 1130 AM – on iHeart by CLICKING HERE– and watch the show on TV 20 on Sundays at 11 AM. Law and Reality is not just information – it’s entertainment!
I pick the Patriots. 365 days from now, I won’t remember who played – but if all goes right, you and I will be a year older.