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As you ponder the years ahead, what’s at the top of your list of concerns? Here are 10 possibilities:
Or does something else top your list of worries? Let’s hear what’s keeping you up night and what you’re doing to address your concerns.
Our eldest daughter is a young adult with special needs. We can help to give her a good financial base, but her future after we pass (or are no longer able to assist her due to our own health) is my greatest concern.
A big part of our retirement investments is direct ownership of TIPS and I Bonds. But now the Trump administration is lying about key economic statistics and is also complaining about interest rates being too high. Are these bonds going to underpay because the inflation rate will be lied about to be lower?
Seems very likely.
As we age health is always the most important. Our independence and way of life can be greatly impacted. I do my medical annual and don’t hesitate to consult my doctor if I have an issue that does not go away in a reasonable time. Being open and honest with the doctor has been great for me.
Great responses from many readers. I wonder how Pascal would have answered this one, and what he might have added to the list. Then calculating (for me, more like guessing) the probabilities as well as the consequences for each. I don’t normally think about such possibilities, but here goes:
#1 Loss of my spouse, children or grandchildren.
#2 Incapacitation in my final years.
#3 Ending up alone in my final years.