At different stages of our lives there are many pressures that we face and this is true for those of us on our journey as seniors and retirees. Here are a couple thoughts you might wish to reflect on. They may be counter-intuitive.
Don’t Be Frugal.
It’s time to use the money you have saved up. Use it and enjoy it. Don’t just keep it for those who have no notion of the sacrifices you made to get it. Also remember, there is nothing more dangerous than other people with big ideas for your hard-earned capital. So heed this warning: This is usually a bad time for risky investments even if they seem wonderful or fool-proof. They only bring problems and worries. This is a time for you to enjoy some peace, quiet, and enjoyment out life.
Your Kids Need Your Love, Not Your Money.
Stop worrying about the financial situation of your children and/or grandchildren, and don’t feel bad spending your money on yourself. You’ve taken care of them for many years and you’ve taught them what you could. You gave them an education, food, shelter, and support. The responsibility is now for them to take flight and fly for themselves.
Life is Serious Business. Until You Have Some Fun.
Who knows, by watching you, your kids might learn a few things about self-care in the senior years!
BCRTA Well-Being Committee