In my native country of France, we start to make resolutions right after our summer vacations because we are rested and our minds are refreshed. We ask, "What will have a positive impact for our families for years to come?"
We consider our financial planning status, focusing on how to invest, with particular attention paid to our retirement goals and our family's security.
According to an article in Bloomberg Business quoting a study by Fidelity Investments, women save more money than men. This is why women are sometimes viewed as a better client for financial planners. I'm a target client myself.
However, with the population aging, no matter what our gender, we need to have our estate planning documents in place to ensure that our financial goals as well as our medical treatment desires are followed if we should become incapacitated.
So whether you make your resolutions after your summer vacations or as the new year approaches several months from now, remember the importance of planning for your financial and healthcare future, for your own sake as well as your family's.
If you have questions about the maze of age and special needs related legal issues, including estate planning, please contact our office. We are here to help you.