retirement savings

For most of us, it’s much easier to focus on the here and now. We think about what is going on with work or our current financial situations. Sometimes thinking ahead to the weekend or next month feels like to forward thinking.

Right now things seem very uncertain and bleak, so it can be difficult to think too far into the future.

But, it’s impossible to sail through life without spending a little time thinking about the future and what is in store for us. What good is all this hard work now if you aren’t aiming for something? 

Your future can be planned out and thought through right now. You can make some changes, some decisions and also have plans for how you want to spend your life in those later years in life and also think about life for your loved ones beyond you.

Now more than ever we need to have a plan, to protect ourselves but to also have something to look ahead to and aim for.

With that in mind, here is some encouragement for you to think about some of the things you just don’t want to and to plan for the things in your future to look forward to. Once it is done and planned for then you can carry on enjoying the present moment. 

Image source – pixabay – cco license 

Have you thought about writing a will?

Everyday we may head to work or earn a living. We might spend that on lots of lovely things. But, for many of us, we invest it into a home or save it for holidays and the future. Without even knowing it, you are already making provisions for that later stage of your life. However, many of us don’t even think about writing a will to ensure that the estate and assets go where you want them to. Leaving your family without a will to go off can cause a lot of heartaches and financial messes in the future. The last thing any one of us wants is to cause further stress after our passing. So get a will written up as soon as you can. Once it’s done, you can refer to it from time to time to make sure it is updated and valid. Not only does it include financial elements, but you can also include your last wishes and notes. 

What about your funeral?

While on the subject of funerals have you even thought about how it will be paid for? If the answer is no, you won’t be alone. Many people don’t think about this and then it can cause a big financial impact on your loved ones come the time for your funeral to take place. Again you don’t want to cause heartache and pain, so why not consider making provisions for it. Speaking to professionals could help you save for your funeral. You could look at things like urns, burial information as well as plans for the funeral itself. Giving you peace of mind that this particular financial burden will be more than taken care of. 

How will you fund your retirement years?

It’s all well and good living for the present day, perhaps spending every cent you earn, but what happens when you retire? How will you fund your living expenses and general day to day needs? It is so important to give a little consideration to those retirement years ahead. Things like, buying a property, investing in the future and even taking out pension plans, can all help to provide you an income in your later years. If you don’t think about it, you could be left short. Of course, throughout your life, you will have grown accustomed to a certain lifestyle. So ensure you can enjoy your golden years ticking things off your bucket list by making financial provisions now. The earlier you do it, the better off you will be. 

What is there to look forward to?

Once all the nitty gritty is sorted through there is so much to look forward to. Doing most of these things once is enough to give you that security, so the rest is fun planning and goals that you set. You can start new hobbies, make new friends and spend time with loved ones once you retire. You can look at travelling and seeing the world, exploring new cultures and experiencing new things. It is a chapter of your life not to be ignored and certainly one to embrace when the time comes. 

Let’s hope this makes you think a little more about the future. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here