I’m asked a lot about later life and what it means.
After you’ve enjoyed your retirement for a certain number of years, you’ve done lots of the fun things you wanted, and enjoyed your hobbies you really wanted to participate in, the next stage is later life.
To me, it’s really from the age of 70. It’s when you really need to start thinking about what later life means for you; do you want to leave a legacy to your loved ones?
Unfortunately, an awful lot of family disputes happen on death, and it’s generally related to money, with a lack of clarity prompting many disputes. It would be so nice if people planned for that a little bit more.
If more families were aware, these misunderstandings would not be as frequent as they currently are.
What happens if you have a care or support need in the future, or you experience an illness or terminal illness?
I don’t want to sound morbid, but it’s about thinking about the end of life as well, making it clear if you have particular wishes; that you share these with your family and loved ones, so there are measures in place for when you die.