So after a good 40 some odd years of working my butt off, I’ve finally come to the point where I can gladly look forward to my retirement. To be honest, many people call it the golden years but I’m still trying to figure out what’s so golden about it. All I’ve known is work and even when I’ve had a week or two to sit and home and relax, I start to go stir crazy. I think the next years will be an interesting learning experience to say the least.
But with that being said, I was taught as a kid entering college a few very particular lessons that I still haven’t forgotten to this day.Financial well-being and security was the most important lesson of them all. Up until these days, all my focus has been on making sure I nest egg away enough cash to keep me going in my retirement days.Now that retirement days are nigh I am shifting my focus to other things.
I don’t contribute to a 401K any more, rather I will be emptying one out, which certainly will be odd. I took that as my cue, though, to set myself and my family up for my own well being and theirs. I hate to say it as it sounds a little creepy to me but the reality is that we all pass on when it’s our time and I wanted to make sure that my family wasn’t stuck with my financial burdens when that day comes. I think the hardest thing to have to deal with when my parents passed was all of the extras that come tacked onto it such as funeral expenses, medical bills that had arisen, their other debts, and even the legal fees that became associated with it all.
It was not only the last thing on my mind but truly the last thing I wanted to deal with at that moment so I’ve decided to do a little research on how to keep my family out of that mess when my time comes. For that, I’ve found the one simple solution and it’s known as final expense insurance. Final expense insurance is truly what I’ve been looking for.I have it organized to cover all my current debts, which I hope to eliminate before I pass, and to leave small bequests to those that stick around after I’m gone. It’s truly a great thing to know that I’m relieving my family of undue stress.