Best Of
Re: Can we have a forum for "older" people with bc?
Two things awe me most, the starry sky above me and the moral law within me.
Immanuel Kant
Re: Financial planning after diagnosis at 40
I have not really decide on short term financial plans or bucket list. I applaud you for that. I do want to start but with a house, and young kids, those are not easy. I did buy term life insurance as soon as I was asked to go in for a diagnostic mammogram. I refinance my house when the rates were super low 3 years ago and shorten the term. The house is our only debt right now. So if anything were to happen, beneficiaries on all accounts have been double checked and reviewed. I just need to list out step by step what my husband needs to do in case of anything as I am the financial person. Already made a list of online accounts, etc.
We have our own IRAs and 401Ks and an investment account that acts as the emergency fund. We are not "rich" or well off by any means,. By having all these items, I know what financial situation/snapshot we are at any giving moment. In the next few months, we will also start shopping for cemetery plots as those too go up in price. Then in the real near short term, really save and set aside for family trips to enjoy the moment. Make it all count.
It's never too late to plan financially and your last steps, regardless of your situation. I watched a youtube video the other day call living funeral. I think I like that concept. Something for me to think about.