A happy 2019 to you all.
I hope last year was a great one for you, and that you’re looking forward to this new year, with the chance for new beginnings. I love starting fresh with the opportunity to set new goals and priorities.
To that end, I’d like to share 5 financial tips worth considering as you think about how you might want to tune-up your financial life this year. These are just suggestions, but in the many financial conversations I’ve had with others, these five points hit on resolving some of the biggest financial concerns I hear when I talk with others.
I hope you enjoy my latest (and first!) post of 2019.
My father passed away two years ago. He worked his whole career at a job he enjoyed. As a family of 11 (Mom, Dad, 5 boys and 4 girls) we never had a lot of extras, but our needs were met. Fortunately, my dad had a generous pension and government health benefits throughout retirement, which not only provided for my parent’s living expenses, but the extensive medical care my dad required.
But there’s really no “nest egg” for his children to inherit. The pension will stop after my mother is gone, as will the health benefits. There isn’t a lot left as far as other assets are concerned.
And that doesn’t matter at all.