Planning for the UnknownSubmitted by Bellwether Wealth on October 8th, 2018
We’ve talked about this topic before, however we’d like to address it again in a different light. While it’s vital to have a plan for when unexpected situations arise, such as death of a spouse or a divorce, it’s also important to consider things you hope won’t ever occur, such as a car accident that may leave you handicapped or needing to have or provide long-term hospice care. We understand these are things that no one wants to plan for because, frankly, we don’t believe they will ever happen to us. The hard reality is that unfortunate circumstances can happen to us or to a loved one we care for, so it’s always a smart decision to set aside additional funds for those unknown situations.
A few things to keep in mind when planning for the unknown:
- Consider how many dependents you have, review it, and look it over again. Make sure you have a good amount to care for each person you’re responsible for.
- Don’t forget to plan for yourself. We often forget to think about ourselves when planning for our family’s future.
- Make sure all your important documents are organized and in a safe place. Consider our Bellwether Wealth eMoney Portal.
We’re happy to discuss any questions or concerns you may have to help you secure your financial future. Contact our office at 402-476-8844 or email email@example.com.