After being given the news that his time on earth was nearing the end, Randy Pausch, a professor at Carnegie Mellon University, gave the lecture of a lifetime. The lessons in The Last Lecture were exceptionally poignant and the beauty of the message was in his focus on really living, even in the face of death. As he reminded us all, “We cannot change the cards we are dealt, just how we play the hand.”
About a month ago I wrote here that I am a planner. Being prepared provides a sense of security from having some level of control over an outcome, from having all potentially necessary documents on-hand at a big meeting or packing an umbrella in case of rain.
Perhaps this need to plan ahead comes from something innate. (After all, I am a bit of a control freak.) It also might come from that uncomfortable experience which leaves us feeling that as if we could have done more, or watching as someone else suffers.
In my extended family there have been multiple times when someone leaves this world unexpectedly and without proper financial planning, so this has become a particularly important issue for me. Since we cannot change the cards we are dealt, I have become determined to control how I play the hand. It is super-important to me that my loved ones are taken care of and that my wishes for the future are known to them.
It should be no surprise then that I was delighted to join the “kitchen cabinet” for Decide.Create.Share., an initiative on long-term planning, not just regarding finances but also planning for your long-term health, your home, and your personal wishes for the future. The team at Decide. Create. Share. have developed the 40 Day Pledge, a secure and user-friendly guide to help you plan for your future in just 40 days. It will guide you through seven key steps to assess your current living situation, create a long-term care plan and share your plans with your loved ones. During the 40 Day Pledge you will:
- determine how much money you need today and the typical rate of increase in investments you would need to cover future costs
- compare your estimated monthly expenses, monthly income, and accumulated savings during retirement
- create a living will, health care power of attorney, financial power of attorney, and a letter of instruction
- let others know where to find your important documents
Please consider taking this amazing opportunity to control how you play the hand.
Disclosure: I am a member of the blogger kitchen cabinet for AARP’s Decide.Create.Share. initiative on long-term planning. As such, I am being compensated for my participation.