Today, as the Google Doodle points out, is the first official day of Autumn.
No wonder there was a cold snap in the September air early this morning!
Where has the time gone in 2014?! It has absolutely flown by.
And it got us thinking.
If time is whizzing by as fast as it is, can you afford NOT to plan properly for your financial future?
Proper financial planning is something that people often don’t get round to. Quite often they say they haven’t either the time or the money to receive professional advice.
Indeed, on these chillier Autumnal mornings, it is sometimes more tempting to dive back under the duvet than think about life insurance, ISAs, Annuities or Investment returns.
It is, however, worth giving some thought to whether you can afford not to make some financial plans for the months and years ahead
Here at Lifetime we believe it is vital to have a proper financial plan in place, to help you answer the big life questions you may have, and to help you live the life you want to live, now and in the future.
Here are five things to try and make sure you do:
Make a will: Everyone should make a will, however rich or poor they are. Yet research suggests that as many as three in five people in the UK have no will, meaning that their assets, including money, their home and their personal possessions, may not end up where they ought to go when they die.
Plan for your retirement: How you plan will depend on your age and the stage of life you are at. Don’t hid under that duvet or cross your fingers and hope things will work out.
Review your savings and investments: Even when your retirement income is secure, you need to make sure you are getting the most from your savings and investments.
Protect your loved ones: Make sure you have appropriate insurance in place.
Lasting Power of Attorney: Consider what would happen if you became incapable of making decisions about your finances or your health care because of advanced age or infirmity. It’s never too soon to create a Lasting Power of Attorney, to give someone else the authority to look after your financial affairs or make decisions about your health or social care when you can no longer do so.
- If you want to talk about your financial plan, or even start to make one, then contact Lifetime on 01226 208600.