CONGRATULATIONS on your 100th BIRTHDAY!!
We are living longer – did you imagine how long?
- Did you ever dream in your 20’s, 30’s or 40’s that you might live to be 100 years old?
- Did you imagine that your so called ‘midlife crisis’ might actually occur in your 50’s?
Life expectancy has been rising steadily over the last 50 years.
In the 1950’s, on average, a man could expect to live to the age of 77; a woman to age 82.
Today, a man can expect to live to 86 and a woman well into her 90’s.
We are living longer with more centenarians alive today than ever before and this group is growing rapidly.
We are living longer which raises many questions:
- How much money will I need to live to be 100?
- Will my quality of life be good into my 90’s and beyond?
- Will I have to work longer, or go back to work in my 70’s, to support this longer life?
- Can governments sustain payment of pensions for longer periods?
- What can I achieve as I grow older?
These questions, and of course many others, are mostly unanswerable and will depend on personal (and government) planning as we live longer.
Increased life expectancy is one of the greatest achievements of the modern age. It bears testament to continuing improvements in public health and social care.
104-year-old Fauja Singh runs the Mumbai Marathon
Many women take up new activities and hobbies in their older age
At 88, Warren Buffet still works daily and has contributed millions to mankind projects
As we are living longer, there will be new opportunities for older people to make an even greater contribution to our society. We can support younger generations financially, practically and through the transfer of our knowledge and wisdom. We can support younger generations through volunteering, and in active engagement with local and national political issues.
But.. are you ready? You might not have a desire to run a marathon, go fishing or be an active share trader and investor. However, you have gathered much knowledge and significant skills that can be shared with younger generations. You might even decide to learn something new and embark on a new journey in a new field.
We certainly live in interesting times!
We are living longer – Are you ready?
We are living longer but life can also change in an instant!
Often, we forget to update important documents such as our Will, Advance Health Directive (Living Will), Enduring Power of Attorney or Enduring Power of Guardianship. Key people in these documents such as your executor, trustee, attorney or guardian, may become unsuitable if they become ill themselves or pass away. Sometimes, due to time passing by, we might even have lost these documents or simply forgotten where they are kept. Here at Homevisitwills, www.homevisitwills.com.au, we focus on Wills and Estate Planning and help clients to keep their estate planning documents and Will up to date.
We are living longer – Is your Will up to date?
If you feel that you need to get your Will up to date or other Estate planning documents reviewed, please contact our team on 1300 870 900 or email us at email@example.com and one of our consultants will set up a free appointment with you.
Are your documents secure? If your Will and estate planning documents are not kept in a secure and fireproof facility, consider using a secure document storage service such as StoreMyDocs, www.storemydocuments.com.au. This will give you and your family peace of mind that your papers will be available for your loved ones when they are needed. A small annual fee can secure all your important papers such as your Wills, Enduring Powers, title deeds, Birth and marriage certificates, financial papers such as insurance policies, tax returns and many more.
Live long! Live healthy! Live happy! As far as we know, it’s the only one we will get!